GlobeX360 Bonus Promotion
In this article
A broker may introduce customers to their services, attract new ones, and boost high trading activity while incentivising more deposits with a bonus.
GlobeX360 bonuses are offered to existing clients, so in turn benefiting both parties.
Let’s tell you how the GlobeX360 bonus works.
Different types of bonuses
Before we discuss GlobeX360 bonuses, let’s tell you what different types of bonuses brokers provide.
No deposit bonus
Some of the most popular promotional offers in forex trading are no deposit bonuses. Instead, it indicates that the broker will provide new accounts with a bonus without requiring an initial investment.
No deposit bonuses are generally minimal, ranging from $10 to $100, and they are far less than deposit bonuses.
The most common bonus is the deposit bonus offered to users after they make their first deposit.
New clients are usually rewarded with an immediate incentive to create a new account and make an initial deposit. It might be a set sum of money or a percentage of the amount deposited.
The welcome bonus is only available to newbies who have never had an account with us before. It usually does not need initial deposits, similar to the no deposit bonus. It is one of the most widely used forex bonuses.
This form of bonus is not always accessible, and it is generally provided in exchange for a collaboration to expand their firm.
Ok, let’s tell you about the different bonuses GlobeX360 offers.
This is a one-time bonus the broker provides. You can’t have a deposit bonus if you are getting another bonus.
The conditions for the deposit bonus are:
- You have to deposit some amount like $100 to get the bonus.
- You’ll get 100% if you deposit from $100-999.
- You’ll get a 15% bonus if you deposit over $5000.
Many brokers partner with bloggers or influencers to earn a full-time income. This is also known as an affiliate or introducing broker (IB).
It’s an easy way to turn your blog traffic into extra income. It allows you to refer your traffic in exchange for a commission. With the GlobeX360 business referral program, you can earn up to $30,000 per month.
What you need to do is register at GlobeX360 as an IB. After completion of the process, you can start inviting others to the broker’s website. If others open an account with GlobeX360, you’ll earn a commission of $7 per lot on classic accounts and $3 per lot on ECN and pro accounts.
As the name suggests, GlobeX360 provides you with a giveaway of R150 000. When you open a live account with the broker, you are entitled to avail of this bonus from the broker.
All you need to do is register a live account, deposit a minimum of $200, trade two standard lots with leverage of 1:200, and you can get a chance to win a giveaway from the broker.
Conditions for GlobeX360 bonuses
When you are on the broker’s homepage, you scroll down at the bottom, and you’ll find that there’s a bonus policy menu. It explains all the terms and conditions of the broker’s bonus policy.
Let’s give you a quick review of this:
Before the bonus, the funds from your deposit(s) to the account are utilised. For example, if you deposit $250 and receive a $50 bonus, the funds from your deposit will be used first when you place trades.
As a result, if you lose $250, unless you meet the trading conditions to withdraw your bonus, there will be no funds available to withdraw from your account.
The minimum trading volume required for every dollar bonus by the firm to your account will be $20,000 if the bonus amount is at least 20% of the deposited money.
If the bonus is less than 20% of the deposited amount, a minimum trading volume of $10,000 is needed for every dollar credited to the account by the broker.
The bonus will be available for withdrawal until the specified trading volume has been met in its full. Therefore, it is impossible to withdraw a share of the bonus if you only generate a portion of the needed trading volume.
Customers are not allowed to set up several accounts with the firm only to receive multiple bonuses. In such circumstances, the firm will keep any bonuses given to the client. The broker will terminate any revenue, and any funds put in the account by the customer will be refunded to the customer.
The user is not obligated to accept any of the Company’s benefits; all bonuses are voluntary. In addition, the consumer has the option of declining a bonus.
The user will not be obligated to the bonus terms in these cases. However, if a client accepts a bonus by mistake, the consumer must not trade in the account and tell customer care within five working days of the bonus being accepted by mistake.
In this case, the firm will deduct the bonus from the client’s account, and the bonus terms will no longer bind the customer.
How can you choose the GlobeX360 bonus?
You’ll need to perform some research, acquire facts, and compare before deciding on the GlobeX360 bonus. When it comes to picking a forex bonus, one of the most common mistakes traders make is basing their whole broker selection only on the bonus amount.
In this instance, traders may wind up selecting a forex broker with wide spreads or large fees per trade. This implies that the forex bonus you received will eventually show up as trading charges.
Another mistake is that they fail to read the bonus’s terms and conditions. To receive the bonus, GlobeX360 requires that you complete all of the relevant conditions.
You will not receive your bonus if you do not meet these conditions. To maximise the bonus, traders may elect to deposit more money on their trading account than they are comfortable.
This causes them to become nervous and make bad trading selections. As a result, they will lose more money than their bonus profits.
Jason Morgan is an experienced forex analyst and writer with a deep understanding of the financial markets. With over 13+ years of industry experience, he has honed his skills in analyzing and forecasting currency movements, providing valuable insights to traders and investors.
Forex Content Writer | Market Analyst