Types of Bonuses in Forex Trading
There are quite a few different types of bonuses in forex trading. Some of them are:
Exposure
This is the most common one, especially for beginners. It is paid in an amount per traded session. It is obtained via the amount that is put into a trade and the period that is traded. The amount of money to be put into a trade is determined by the Rouble level. It can be quite high, and therefore may not make sense for beginners. It is used because of the large amount of money to be made. Click here to see how GlobeX360 bonus works.
Pair Trading
The reason this is paid in pairs is that the trader has to buy and sell pairs at the same time. One of the traders has to place a specific amount of money in a certain currency. The other then has to do the exact same. This is a riskier activity than a dollar bet, which makes it a good one for experienced traders. The value of the pair depends on the value of the other currency.
Overhead
This one is only paid if you have to do a lot of work. It is gained by having to use a lot of your assets. You must use your own money, and will have to spend a lot of time doing research to see where you stand.
Futures Trading
This is paid by buying and selling a future. The fact that you have to buy one future then sell it is why it is paid this way. With futures you only have to make two trades to get paid for your activities. This is a good one for experienced traders.
Sharing
One of the most important bonuses is shared. If you have worked with a certain broker for a period of time, then you will get paid for your work. The more work that you do for the company, the more you get paid. This makes it a valuable bonus because it keeps you involved with a company that you have worked with for a long time.
Personal Awards
Personal awards are a nice perk. They are paid by the broker for a whole range of different things. Most of these things are related to trading, but some are related to participating in company activities.
Volatility
Volatility is also a useful bonus. This is gained through the currency with the most amount of volatility. This is measured by the CBOE Volatility Index (VIX), which is a measure of the volatility of the stock market. This is a good bonus if you work for a broker that works with other brokers.
Wrapping Up
There are a lot of different bonuses that are paid out in the world of forex. Many will not even be noticed by most people, but they can add a lot of extra value to your trading. There are bonuses that are given for doing a lot of trades, and then there are bonuses that are given for even doing a small number of trades. If you are looking to trade the Forex markets, there are a number of bonuses that you can make the most of.