Learn Forex Trading, An Introduction to success conditions and benefits in an easy-to-understand manner: One of the criteria when choosing a Forex company is the content of the campaign. However, some people may be wondering which of the many campaigns to choose from.
In this blog, I will explain the types of campaigns that Forex companies are conducting and the conditions for acquiring benefits. Compare the content and achievement conditions of the campaign and choose the Forex company that suits you.
Learn Forex Trading company campaign content and achievement conditions
When opening a Forex account, it is a good idea to compare the contents of various campaigns developed by each Forex company and the conditions for achieving benefits.
New account opening campaign
Common achievement conditions for gaining benefits in a new account opening campaign include:
- Opening a new account
- Depositing a certain amount or more into the account
- Trading more than the specified quantity within the period
There are differences in the conditions for achieving the new account opening campaign depending on the Forex company.
In some campaigns, only account opening and deposit are required, and in other cases, you must trade a certain amount in addition to account opening and deposit. Make sure to confirm the achievement conditions in advance.
A trading campaign is a campaign that aims to keep your trading in-house. It is a general condition for acquiring benefits that new contracts within the period reach the standard or higher.
For example, if the number of new contracts reaches 500,000 currencies or more than the monthly contract amount of the previous month, you will receive a gift.
Designated currency pair trading campaign
It is a campaign that you can get benefits from if you trade with the currency pair that is the target of the campaign. The general conditions for achieving benefits in a trading campaign with a designated currency pair include:
- Trading in the currency pair specified by the Forex company
- Reaching a new contract amount above the standard with that currency pair
Since the pair of designated currencies targeted for the campaign and the standard trading volume differ depending on the Forex company, let’s compare them firmly.
Trial use campaign
It is a campaign that you can get benefits if you trade with a newly released smartphone application etc. and the new contract amount exceeds the set standard.
Corporate account opening campaign
This is a campaign planned by a Forex company to open a new corporate account. The conditions for acquiring benefits are as follows.
The currency pair and trading volume specified for the campaign vary depending on the Forex company. Please check the conditions carefully and be careful not to be excluded from the campaign benefits.
Transfer campaign from other companies
This is a campaign where people who have been trading Forex with other companies can get benefits by opening a new account at the corresponding Forex company. The conditions for earning benefits generally include the following:
Forex companies may hold trade battles for transactions with real accounts. The feature is that a luxurious gift is given to the top prize winners.
For example, the ranking is announced based on the total pips profit and loss of customers who have achieved a transaction volume above the specified standard, and the top prize winners are given benefits.
It is a campaign that you can get benefits from if a friend introduced by a customer opens an account. The conditions for earning benefits are generally as follows.
Demo account opening
It is a campaign that you can get benefits from if you open a demo account where you can experience trading and win a prize in the demo trade battle held there. Opening a demo account has the following three advantages.
For those who want to start Forex now, let’s open a demo account first to learn the basics of Forex trading and how to use the trading platform.
Compare the conditions for achieving the account opening cashback campaign
Every Forex company is developing an “account opening cashback campaign” to acquire new customers. You can use a large amount of cashback to fund your transaction.
In some campaigns, you can get benefits just by opening an account. However, in most cases, you will receive benefits if you meet the conditions of depositing money into your account and trading more than a certain amount.
Precautions when participating in cashback campaign
When opening a Forex account, it is important to compare the campaigns of each Forex company. However, you should avoid focusing solely on the amount of cashback.
This is because there are cases where it is difficult to achieve if you pay attention only to the amount of money and check the achievement conditions again after applying.
Furthermore, if you apply for the campaign via the point site, some Forex companies are not eligible for the campaign. Please read the regulations of the Forex company carefully to confirm these detailed conditions.
We introduced the types of Forex campaigns and the conditions for acquiring benefits. There are three points when comparing campaigns.
Compare the type and content of the campaign-Compare
the amount of cashback and products-Compare
the achievement conditions for acquiring benefits
If you pay attention to the above three points, you will be able to select a Forex company that has set the acquisition conditions that you can achieve and is implementing a campaign that you can agree with the cashback amount.
Forex is to increase assets, not just for acquiring benefits. But with the smart use of campaigns, you can effectively increase your wealth. Let’s take this opportunity to compare various Forex companies’ campaigns and enjoy trading with the Forex company that suits you.
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