Today we continue telling our readers about FOREX MMCIS group. We remind you that not so long ago (on March 15th) the broker started the “Live Money” promo: any new client gets $20 instantly after making the first deposit. It should be noted that clients are free to use this bonus as they wish: they can withdraw it or to trade Forex.
Initially, FOREX MMCIS group planned to end the promo on April 15th. However, it turned out to be so popular that FOREX MMCIS group’s Board of Directors decided to extend the promo till May 15th. During the first month of the promo, over 10.000 people participated in it. Of course, you may say that all of them just wanted to receive $20 for free. However, the real reason for the success of this promo is in the following:
After the 2008 crisis, most traders got disappointed with financial markets and the very process of investing. Many of them suffered major losses. A year ago, the situation started improving, thus reviving the interest in financial markets. According to Elena Barsukova, Chief of the Moscow office of FOREX MMCIS group, this is the real reason why the “Live Money” promo is so popular.
So we decided to ask her a couple of question in order to clarify the situation:
Market Leader: Elena, Have you reached the initial goals?
Elena Barsukova: Yes, we have. First of all, we strived to show people that it is possible to trade Forex successfully. Thousands of people have already decided to become traders, which is the right decision. In our turn, we (I mean FOREX MMCIS group) help each of them to become achieve outstanding results.
Market Leader: Obviously, your company had to spend a lot of money on this promo. Are such promos beneficial for brokers?
Elena Barsukova: Firstly, I’m glad that our company keeps flourishing and therefore can afford such generous gifts. Secondly, we are interested in our clients’ success. The more bonuses and the better trading conditions we offer, the more people get interested in Forex trading, which means they can get richer and make us richer as well.
Market Leader: Elena, thanks to the “Live Money” promo, the amount of your permanent clients will probably grow dramatically. What is your forecast?
Elena Barsukova: I’m sure that this will be the case because despite the 20% bonus, FOREX MMCIS group has a lot to offer, including low spreads, flexible leverage, numerous trading contests and tournaments, free training courses etc. In short, with FOREX MMCIS group, beginners have all chances to become successful Forex traders, who make stable profits.
Market Leader: Why, do you think, the promo became so popular? Is it about the cash bonus or did traders bet on the long-term cooperation with FOREX MMCIS group?
Elena Barsukova: Bonuses are not just gifts, they are some kind of a stimulus for successful trading. We think that the more bonuses out traders get the wider the range of their possibilities will be. Each first-time depositor gets a 50% bonus. If a trader trades with another broker but decides to change it for FOREX MMCIS group, it gets 20% more. Besides, we accrue 12% of annual interest on free deposit in order to secure traders’ capital against inflation. Each month we create a leader board based on the number of open lots and the most active traders get extra rewards.
Market Leader: if your clients participate in the “Live Money” promo, are they eligible for other bonuses?
Elena Barsukova: Yes, they are!
Market Leader: Will the promo be extended after May 15th?
Elena Barsukova: We always strive to improve and impress our clients… So, it is very likely.
Market Leader: Thank you very much for the interview. We Hope that FOREX MMCIS group will keep impressing its clients with high-quality services, pleasant gifts and bonuses…
Tatsiana Ketrar
Tatsiana Ketrar