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The following article was published in our article directory on May 14, 2014.
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Perks of Being A Forex Trader

Article Category: Business

Author Name: James Smith

A forex bonus is being offered by many agents , nowadays, to attract more customers to avail of their services. An intense competition is seen between forex trading companies as this industry became one of the most effective ways to earn money. Forex agencies have been exerting much effort to draw more customers. They make use of these bonuses to have business with clients who want to avail the extra points. Thus, it will enhance their business accounts.
Here is the list of the different kinds of forex bonuses one could get:
Deposit Bonus

Forex bonuses of this kind are provided when a client makes his/her first deposit in his/her trading bank account. The deposit bonus also includes some terms and conditions that you need to achieve before you can collect it from your account. Some common conditions are trading the value of your bonus for numerous times and gain a specified number of points. This is also called welcome bonus.

No deposit bonus

In this type of bonus, you are not required to deposit money in your trading account. For you to gain this incentive, you just have to create your account with their agency. Afterwards, they may offer you the welcome bonus if you will likely to deposit your money in your trading account. What's good about these bonuses is that you can use it as your starting capital for trading. Although you are not allowed to collect these forex bonuses, you can still collect your profit and ask for encashment. Unlike in their deposit bonus, you are not required to trade for numerous times and you can withdraw any amount from the profit you will gain.

Trading Bonus

Forex agencies also give bonuses to their active clients by giving them trading bonuses. This is given to those clients who are active in trading. For instance, you might get bonus points that you can exchange for valuable things or you can also gain reward points if you trade frequently . This is made by the brokers to cheer up their clients and to persuade them to continue handling their accounts. This also enables the broker to hold their clients longer and to prevent them from transferring to another agency.

Demo Contests

Online forex agents organize demo contests with the use of demonstration accounts and paper trades. The clients only need to create a demo account with the agency and start trading. For those clients that will be able to win the contest, they will be rewarded with cash prizes that are applicable for doing the real life trading.

Live Contests

Clients who already have their own trading accounts with the agency will be allowed to join the live contest. They will use their own deposit in this contest. Here, they can win different valuables or cash. They are also allowed to keep the profits they will gain during the competition.

Miscellaneous bonus

Forex bonuses of this kind are given to those clients who can make his/her friend create an account with the agency. He/she will only need to refer a friend to the agency to be able to get forex bonuses.

These are the different types of bonuses one could get if he/she started trading in an agency.

Keywords: forex bonuses, binary options bonuses, forex training, binary options training, forex affiliate programs, binary options affiliate programs

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