If you have ever signed up for a CFD broker, you might have noticed a box requesting a partner code. A lot of people skip right past it. That is a bad move, because entering the right code can get you a welcome bonus of hundreds or even thousands in additional cash.
A broker partner code is really just a promo code that you enter during registration. After you place your initial deposit, the broker gives you additional capital in your live account. Your trading conditions do not change. You just start with more capital to start with.
Where to Get Active Partner Codes for Brokers
Not every codes you come across through Google are still active. Many broker partner codes shared online are outdated. Someone publishes a code when it is first released and then never checks it again. Months later the offer has expired but the page is still live.
That is the reason dedicated directories matter. Sites that regularly verify their codes before listing them spare you real wasted time. Find a directory that tests codes on an ongoing basis, not just once when they are first posted.
Different Bonuses Available Through a Partner Code
The most common type is the percentage match. You deposit a set amount and the broker adds a percentage on top. A few brokers match up to 100 %, which practically doubles your starting funds.
Some brokers offer free bonuses — a token amount, typically around ten and fifty dollars, just for registering an account. No deposit necessary.
To put this in perspective, certain well-known brokers currently offer welcome bonuses up to several thousand in extra trading capital. That is genuine money you can trade with from day more articles one.
Things to Be Aware Of Before Applying a Broker Partner Code
The main condition is a turnover requirement. You must trade a certain volume before the bonus funds are made available for withdrawal. This is standard practice and should not scare you.
Also look at whether the bonus has an validity window, and what happens if you withdraw your initial deposit prior to reaching the trading requirement. Many brokers will forfeit the bonus if you do this.
Steps to Activate a Broker Partner Code
This process is fairly simple. Find a verified partner code from a trusted source. Go to your preferred broker's sign-up page. Fill in your information as usual. Enter the partner code in the promo code field. Finish your registration and complete your first deposit. The bonus will be credited on its own.
The entire process takes maybe a few minutes. No negative to entering a verified partner code with a regulated broker. Your trading conditions stay the same. You just get additional money in your account. Do not skip extra money going to waste if all it requires is typing a code during sign-up.