If you've ever registered with a CFD broker, you may have seen a field asking for a partner code. A lot of traders skip right past it. That is a mistake, because applying the correct code unlocks full report a sign-up bonus of real money in additional cash.
A broker partner code is basically a referral code that you type in during sign-up. Once you complete your opening deposit, the broker adds extra money into your live account. Your trading conditions stay the same. You just have more capital to work with.
Where to Find Active Partner Codes for Brokers
Not every codes you come across through Google are still active. Most broker partner codes posted online are dead. Some website owner lists a code when it is first released and then never checks it again. Months later the code has ended but the article is still up.
That is the reason curated code sites are worth using. Directories that actually check their codes prior to publishing them save you a lot of hassle. Find a site that tests codes on a regular basis, not just when they first go up.
Types of Bonuses On Offer Through a Partner Code
The standard type is the matching bonus. You deposit a certain amount and the broker matches a percentage on top. Some brokers offer up to 100 percent, which practically doubles your initial funds.
There are also free bonuses — a small amount, usually somewhere between ten and fifty dollars, just for creating an account. No deposit necessary.
Practically speaking, certain major brokers right now offer sign-up bonuses worth thousands of in bonus funds. That is real money you can use from day one.
What to Know Before Applying a Broker Partner Code
The most common requirement is a turnover requirement. You need to trade a minimum amount of trades before the extra money become withdrawable. This is normal practice and does not need to put you off.
Additionally verify whether the bonus has an validity window, and what happens if you cash out your original deposit before hitting the trading threshold. Many brokers will void the bonus if you do this.
Steps to Activate a Broker Partner Code
The process is fairly easy. Get a active partner code from a trusted site. Head to your chosen broker's registration page. Complete your details as normal. Paste the partner code in the promotional code field. Submit your sign-up and place your first deposit. The bonus will be added automatically.
The entire thing takes maybe 5 to 10 minutes. No downside to entering a working partner code with a licensed broker. The trading conditions do not change. You just start with bonus capital in your account. Do not leave free capital going to waste if all it requires is entering a code at registration.