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The following article was published in our article directory on May 2, 2014.
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Article Category: Finances
Author Name: James Smith
Binary options bonuses are usually introductory perks to traders. They can use these, along with their capital if there are any, to start trading. However, it is not offered by all brokers. New clients should first check if the broker they select offers such before opening an account. Once the trader has opened an account, his broker will give a code to him, letting him access these bonuses.
There are different types of binary options bonuses.
Signing-up bonus is offered at the time traders sign up on the broker's platform, even without a deposit. Brokers who offer this kind of bonus entice more traders.
First deposit bonus is given to the traders after their first deposit in their accounts. Most brokers offer from 30 to 50 percent of the traders' deposited money.
No-deposit bonuses are offered by the brokers to traders who want to start trading right away, even if no deposit has been made in the account. Traders who want to take advantage of this bonus are required to do several trades on the account, to make sure that they will use the bonus and not just run away with it.
Rebate is the bonus that the traders receive, usually at the end of the month, after trading several times. This bonus is a portion of the trader's deposited money. High rebate bonus is usually the reason why traders shift brokers. It is an effective way of gaining new traders.
Matched deposit is a bonus that the traders can get when their broker offers a percentage of their deposited money. Usually, brokers offer 25 to 100 percent of the deposited amount. The higher the deposited money in the account, the higher the bonus the trader gets.
Continuation binary options bonuses are almost the same as matched deposit. However, the percentage or the bonus will be given when the trader makes another deposit in the account.
Traders can gain redeemable bonuses when they reach certain amount of profit from trading. However, this bonus cannot be used for trading.
Referral bonuses are given when the traders refer their friends to their brokers. Special links will be given by the traders to their friends, which will be used as a proof of their referral.
In every binary options account, there is a progress bar that identifies the trading amount that the traders make. Once it is completed, the trader will receive the pending binary options bonuses.
Reload bonuses are offered when the traders gain a profit that is higher than the average.
Wise traders choose brokers that give huge bonuses because doing so helps them increase their profits. Offering these binary options bonuses makes the broker more attractive to new traders. This is very helpful since competition between brokers has been more competitive, especially in the last three years.
However, traders should be very cautious in choosing their broker because it might be just a scam. Make sure to check the background of the broker. Take note of the reviews of the site before making any trade.
Keywords: forex bonuses, binary options bonuses, forex training, binary options training, forex affiliate programs, binary options affiliate programs
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