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The following article was published in our article directory on March 6, 2014.
Learn more about SpinDistribute Article Distribution System.
Article Category: Finances
Author Name: James Smith
Forex trading can be risky for some traders. A forex trader predicts and compares the value of one currency to another. If the forex trader can produce more profit by doing that, that person will not pay additional funds.
However, if a forex trader cannot produce a certain profit, that person will lose plenty of money. This is the reason why forex bonuses are given to forex traders. Here are the 7 types of forex bonuses that can help other forex traders who are in a similar situation.
Referral forex bonus
Referral forex bonuses are offered as additional funds to both new forex traders and their referrers. These additional funds will be deposited into their trading accounts. However, the referrers will receive slightly bigger bonuses then the new forex traders. The new forex traders and the referrers will not be able to withdraw their referral forex bonuses until both of them trade a certain trading amount.
Club forex bonus
Forex traders who are members of certain clubs are entitled to this type of bonus. Although a certain monetary amount will be deducted from their trading accounts, the forex traders will receive additional funds.
Some clubs offer club cards to forex traders for verification purposes. After the forex traders request for their club cards, they will receive their PIN codes. These codes link the forex traders' accounts to their club cards.
Account opening forex bonus
Forex traders who are depositing into their trading accounts for the first time can benefit from using this bonus. It can encourage forex traders who are interested in opening their trading accounts for the first time. The account opening forex bonuses usually range from 25% to 100% of the deposited amount.
Seasonal forex bonus
Forex traders whose accounts have been dormant because of trading inactivity can benefit from using this type of bonus for special seasons such as Christmas and Thanksgiving. It can also be used by forex traders whose accounts have suffered a margin call, a situation in which the forex trader demands more funds from the investor. The only requirement for forex traders to get this type of bonus is to make deposits into their trading accounts.
The seasonal forex bonuses can either be in the form cashes or gift items that are relevant to any trading activity. Examples of some gift items are flash drives, iPads, and laptops.
Welcome forex bonus
Once forex traders open their trading accounts, they will receive additional funds in their trading accounts because of this type of bonus.
Trading forex bonus
Forex traders who are successfully capable of obtaining certain trading amounts can use trading forex bonuses. However, novice forex traders are not eligible for these bonuses.
No-Deposit forex bonus
This bonus is ideal for forex traders who are not obligated to deposit into their demo accounts. In this way, the forex traders can experience what it is like to trade with real money without jeopardizing their funds. When the forex traders have no problems with their demo accounts, they can switch to their live accounts.
These are the 7 types of forex bonuses that forex traders can use. The forex traders should select bonuses that are appropriate for them.
Keywords: forex bonuses, binary options bonuses, forex training, binary options training, forex affiliate programs, binary options affiliate programs
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