Many Forex brokers offer different bonuses and promotion schemes for their traders. These are mostly for sign-up or referral, but sometimes the reward can be very helpful. You can use that money to make better trades and gain larger profits.
Since CM Trading is a very well-known forex broker, people want to know its bonuses too. Do they offer it at all? The straightforward answer is yes, and they offer more than one opportunity for frex traders.
Wondering how to receive them? So, let’s look at CM Trading Bonus and Promotions!
What Does CM Trading Bonus Include
So, let’s start with why do brokers offer these bonuses? The main reason is to attract new customers, but they also provide convenience to their traders. Sometimes, these schemes can be large enough to cover your deposit expenses.
The CM Trading Bonus can be divided into several categories. Let’s look at all of them one by one.
- CM Trading Sign-up Bonus
This CM Trading bonus is for beginner traders. Every customer who signs up with the broker for the first time can avail of this. It is also known as the Special ZAR bonus.
The bonus offers 20% of your initial deposit amount. For instance, if you have deposited $500, you will receive a $100 bonus amount. It can be very helpful for future trades as it can be looked upon as extra money.
However, this sign-up bonus does come with some requirements. Firstly, it requires a minimum of $1000 as an initial deposit. Regardless of your account type, you will need to submit the mentioned price to receive this award.
Secondly, you can withdraw it under the condition that the same exchange rate will be applied as regular. But, it is still a benefit considering that most brokers do not let you withdraw the bonus amount.
- CM Trading Referral Bonus
Many Forex Brokers also offer you referral bonuses for sharing their company with your friends and getting them more sign-ups. But, CM trading is currently not providing any such bonuses.
However, there is another bonus that might be similar. Although not a referral, you can consider it a promotional award.
Their traders can get up to a $250 trading bonus for liking, commenting, and sharing the broker’s social media accounts.
- CM Trading Cashbacks
Another CM Trading bonus is available for all new and advanced traders. It allows you to receive a significant percentage of money back on your trades. Though, it does not have a fixed price.
- CM Trading Incentive Bonus
This is an interesting one. This CM Trading bonus offers a $100 award for switching your broker. If you are working with another brokerage company, you can change to CM trading to receive this award.
There is no single CM Trading bonus; instead, they offer plenty of them to provide convenience and exciting opportunities for their traders. This article has provided you with all the necessary details about these bonuses and conditions for receiving them.