In real life, almost 80% of big companies arranged reward programs to keep their customers and employees interested in their company and services. There are various types of reward bonus programs available in the world. Each company follows different criteria, companies arranging reward programs with various prizes.
But, in the forex reward program, it's very different than real life. Forex brokers arranged reward programs with incredible cash prizes or trading capital. Forex brokers are arranging these types of promotions to keep their traders interested in their services. Brokers providing the bonus to traders for maintaining their accounts with the broker.
So, why brokers are providing these types of bonus?
Forex brokers are earning money from trader’s trades. They are making money from Spreads, commissions and also from swaps. And these are only ways for brokers to earn money. That’s why brokers want to attract their clients into their services.
There is a technique followed by brokers, they arranged rewards programs to earn more money. They are offering reward promotion with loyalty points. The broker will announce the winner who will be the most point gainer. So, if you want to win rewards from your broker you have to gain the most points of the participants.
So which brokers are offering reward promotions?
There are a lot of forex brokers in the market. Each broker is not offering forex rewards, because every broker is not regulated or reputable in the market. Most of the reputable brokers in the market offering these types of promotions.
For example, offering a starting deposit bonus can make debates between a company and its customer, particularly because of the conditions related to rewards. A company can't pay a reward to a customer and anticipate that they should cause a withdrawal without finishing the necessary number of parts for the company to equal the initial investment to or recover the cash from the broker through spreads or commissions.
