If you've ever opened an account with a forex broker, you may have noticed a field asking for a partner code. Many people skip right past it. That is a missed opportunity, because entering the correct code unlocks a deposit bonus worth a significant amount in additional funds.
A broker partner code is essentially a promotional code that you input during sign-up. After you make your first deposit, the broker adds bonus funds into your trading account. The spreads do not change. You just get more capital to start with.
Where to Find Valid Partner Codes for Brokers
Not every codes you find on the internet are still active. A lot of broker partner codes floating around online are outdated. Someone publishes a code when it is first released and then forgets about it. Weeks later the offer has expired but the page is still ranking in Google.
That is the reason dedicated verification sites matter. Resources that actively verify their codes prior to listing them spare you a lot of hassle. Use a site that tests codes on a regular basis, not just once when they are first posted.
Different Bonuses Available Through a Partner Code
By far the most popular type is the deposit match. You fund with a minimum amount and the broker matches a portion on top. A few brokers match up to 100 %, which practically doubles your opening capital.
Some brokers offer sign-up bonuses — a small amount, often somewhere between 10 to 50 dollars, just for registering an account. No deposit required.
In real terms, several well-known brokers right now have welcome bonuses up to thousands of in bonus funds. That is actual money you can put to work from day one.
Things to Be Aware Of Before Entering a Broker Partner Code
The main term is a trading volume requirement. You must trade a specified volume before the extra money become withdrawable. This is common in the forex world and should not scare you.
Additionally check whether the bonus has an validity window, and what happens if you pull out your initial deposit prior to hitting the volume target. Many brokers will forfeit the bonus if you do this.
Steps to Activate discover more a Broker Partner Code
The process is quite straightforward. Get a verified partner code from a trusted source. Head to your preferred broker's registration page. Enter your details as usual. Paste the partner code in the partner code field. Finish your sign-up and complete your opening deposit. The bonus should be applied automatically.
The entire process should take roughly 5 to 10 minutes. No negative to entering a verified partner code with a licensed broker. The spreads remain identical. You just receive bonus funds in your account. There is no reason to skip extra capital on the table if all it requires is typing a code at registration.