The topic of forex rebates is widely discussed these days and
many portals and forums are available over the internet, where traders
discuss a lot on this topic. Many people have a doubt as to whether it
is a marketing trick or a real advantage and whether it can bring the
traders better chances to earn? Also, they have a doubt as to whether
the concept of forex rebate is suitable only for experienced dealers or
whether it is suitable for traders with different skill sets. Some of
the details about this concept are given below:
Sometimes, the
idea of free money or easy rebates seems to be too good to be true.
Regardless of whether you win or lose, you will be in a position to get
cash back. The fact is that nowadays, rebates are available in different
industries, but in different forms. The level of rebates may vary from a
couple of US dollars up to hundreds. Rebates are sometimes used as a
marketing strategy to attract more and more customers.
This
concept is applicable to Forex trading as well. This means that a Forex
broker will offer commission to introducing brokers, who are otherwise
called as referring brokers for introducing new clients. This process
can be termed as affiliate marketing as the introducing brokers are
making deals with different brokers. All parties involved in Forex
rebates win in the following ways:
Traders: Dealers win because
the trading conditions do not change, and as a dealer you will be
trading with the same conditions as you would deal directly with a
broker like with the same minimum deposits, platforms and spreads, but
can receive your cashback.
Introducing broker: These people will
win as they will still get the commission for referring a client to a
broker. The more clients they introduce, better will be their profits
and this is applicable even though they repay part of their profits to
the traders.
Forex broker: A Forex broker will also benefit in the
way of getting new customers and even though, they will have to pay
commission to the introducing broker, they can also make a profit.
In
short, forex rebate is a concept that is beneficial for all the parties
involved. This is why brokers call it as a win-to-win strategy. So, it
is better to get a clear understanding about this concept and it is
important that the trader should carefully choose a rebate service
provider, to reap the benefits thereof.
Five Major Forex Trading Mistakes That Traders Make
by Mkamba M Juke
Forex trading is undoubtedly a great money-making platform.
However, fact is even the most experienced traders tend to make mistakes
that cost them in the long run. This samples a list of some of the
greatest mistakes that forex traders commit and sheds lights on some of
the best strategies that you can adopt to avoid such pitfalls.
Four Best Tips For Choosing An Ideal Forex Trading Platform
by Mkamba M Juke
These days forex trading isn't just limited to affluent traders, it
has become an activity that nearly anyone can engage in. Although it
can be overwhelming especially for inexperienced traders, it has the
potential to bring about magnanimous profits for money that has been
invested. You only need to have reliable internet access, register with a
professional broker and use an expert money making platform and you
stand a chance of succeeding.
What Are Forex Spreads and How Are They Calculated?
by James Hoop
Before jumping into the heart of the matter, it would be prudent
and wise to give a small but detailed introduction of the forex market,
after which it would be proper to launch into an explanation of forex
spreads and how they are calculated. The foreign exchange market is one
of the largest financial markets in the world. It is open for five and a
half days each week. Since the market is online and countries, forex
traders and financial institutions operate from different time zones, it
is certain that a trader will find a market open at any time of the day
within the five and a half day period.
Currency Trading: Importance of Technical and Fundamental Analysis in Trading
by Fatima Balouch Memon
Forex fundamental analysis involves studying the economy to
determine the effect it has on the value of a currency. Economic
indicators measure how strong an economy of a country is.
Guide To Know How to Trade Binary Options
by Matthew Emanuel
Over the past several years a new form of investment has surfaced
which allows thousands of people to earn daily profits. Binary options
have taken its place amid currency or forex trading and traditional
stock market investing as a powerful way to earn profits and expand
portfolios. Right now, many people are learning how this works in order
to increase their daily income. However, understanding how to trade
binary options are not as straightforward as traditional stocks or even
currency trading. There are substantial differences about the very
structure that is unlike anything else. Yet, it is arguably the simplest
form of investing that is available for most people.
The Difference Between Basic VS Advanced Forex Training
by Sylvester Madxen
Basic and advanced Forex training are very important if you are
thinking of becoming a Forex investor or you are already an investor in
the Forex market. If you are a newbie, you will need basic Forex trading
tips that will help you to know what the market is all about and how it
operates. Even though you already know that currency trading simply
involves buying and selling of currency, it is also important to know
that it is a business that involves a lot of risk.
What Makes A Reliable Forex Training Company?
by Sylvester Madxen
If you are thinking of becoming a Forex trading investor, choosing a
reliable Forex training company is very important. Working with a
reliable Forex trading company will also be very important if you have
been in this business for quite some time and you would like to advance
your skills. Your first consideration when choosing a Forex training
company in this country is to make sure that the company is regulated by
a reliable regulatory board. By doing so, you will not fall for scams
that may end up costing you a lot of money.
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