FX Arena Sign Up Bonus

Sign-up Bonus

FX Arena does not offer a sign-up bonus.

Traders who register a real account with FX Arena are not offered with either a sign-up bonus, a deposit bonus, or a welcome bonus.

Brokers often offer such a broker bonus to new traders to draw in more customers in addition to encouraging trading activities. Offering a deposit or welcome bonus is the best way in which to assure traders that they will receive some money back depending on the initial deposit made.

Various brokers also offer no deposit bonuses to traders in the same effort to draw in more customers and bonuses like this may aid not only the broker in acquiring new clients, but also traders who have strict budgetary restrictions.

Although FX Arena does not offer bonuses, rewards, promotions, or competitions traders should not be discouraged by this from registering for a real account as bonuses may still be in planning and development phases to be announced at a later stage.

Referral Bonus

FX Arena does not currently offer referral bonuses to new or existing traders who make use of the products and services offered by FX Arena.

Referral bonuses are offered by brokers to traders to draw in new clients and expand their customer base.

Often these types of bonuses have strict criteria that will have to be fulfilled before the trader can benefit from referring a friend or family member.

Some of the criteria includes, but is not limited to:

The referral must register a real account with the broker using a unique referral link so that the registration can be traced back to the trader.

The referral bonus is only applicable should referrals register a real account as these bonuses are not available when using a demo account.

A certain minimum deposit amount must be made by the referral.

The referral may be required to execute a certain number of trades on the new account before the trader becomes eligible to receive the referral bonus

Referral bonuses may also have a limited time in which they can be utilized by traders, perhaps in a given month that brokers see a decrease in activity and attempts to counter it by providing such bonuses.

Additional bonuses, promotions, and rewards

FX Arena does not currently cater for a trading bonus and there are no current initiatives to reward loyal customers.

Trading bonuses serve the purpose of encouraging traders to increase their trading activity in addition to trading higher volumes to gain access to bonuses that offer some cashback.

Pros and Cons

Conclusion

Broker bonuses are one of the best ways to attract new traders in signing up and register a real account. Not only does this expand the broker’s customer base, but it also awards traders when they sign up or when they make their first initial deposit.

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Frequently Asked Questions

Does FX Arena offer additional bonuses?

At the time of writing FX Arena is running a Big $50 000 Special Forex Contest in the form of an online poker tournament. The prize pool has no limit as it keeps growing every time new contestants register for the tournament. Registration open 6 weeks before the contest begin and late registrations are accepted within the first 3 days of the tournament. Winning participants are expected to open a real live trading account with FX Arena.

Does FX Arena offer a referral bonus?

Our review did not reveal any referal bonus offering from FX Arena.

Does FX Arena offer a sign-up bonus?

FX Arena does not offer a sign-up bonus

How can a sign up bonus benefit my trading?

A sign up bonus can provide a trader with the necessary credit to start trading with a broker. Bonuses cannot be withdrawn and there are brokers who allow withdrawal of profits earned from the bonus.