Sign-up Bonus
TurboForex does not offer a sign-up bonus.
There is no indication that TurboForex offers a sign-up bonus, a deposit bonus, or a welcome bonus to traders who register a real account with TurboForex.
Through these bonus offers brokers often attempt to draw new customers to partake in trading activities. When offering a welcome bonus or anything of this kind, the traders will receive some money back. This will depend on the initial deposit made by the trader.
Referral Bonus
Another way to attract traders to register with a specific broker is the offering of referral bonuses. However, it is also not indicated whether TurboForex currently offers referral bonuses to new or existing traders who make use of the products and services offered by the broker.
These kinds of bonuses are usually offered by brokers to traders to draw in new clients and expand their customer base.
A referral bonus comes with strict criteria that will have to be fulfilled before the trader can benefit from referring a friend or family member.
Some of the criteria might include the following:
- The referral bonus is only applicable should referrals register a real account as these bonuses are not available when using a demo account.
- The referral must register a real account with the broker using a referral link so that the registration can be traced back to the trader.
- A minimum deposit amount must be made determined by the broker by the referral and a certain number of trades needs to be executed on the new account.
There might also be a limited time in which referral bonuses may be utilized by traders. This could be due to the broker seeing a decrease in activity in a given month and attempts to counter it by providing such bonuses.
Additional bonuses, promotions, and rewards
Many brokers also offer additional bonuses, promotions or have a rewards program offered to their loyal customers.
TurboForex does not at present cater for any trading bonuses or promotions and there are no current initiatives to reward loyal customers.
Trading bonuses usually serve the purpose of boosting 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
Bonuses are one of the ways to ensure that a broker attracts new traders in signing up and registering a real account.
TurboForex does, however, not offer any of these bonuses to either new or loyal customers. Despite this, the broker is a regulated and reputable broker which offers its services and solutions to traders despite their trading needs, objectives, experience, or trading styles.
Traders still have access to a wide range of markets, competitive trading conditions and powerful trading platforms.
FAQ
Does TurboForex offer a sign-up bonus?
No. TurboForex does not offer a sign-up bonus.
Table of Contents
Toggle