It is not accidental that plain folks get more interested in financial markets during crisis times and financial instability. The thing is that people start looking for extra or major source of income to sustain themselves and their families while also dreaming of financial freedom, which is actually the very thing financial markets can give them.
These days, when the world is on the verge of another major economic crisis with weakening economies and devaluing currencies, financial markets seem to be one of the very few options to save the day for millions of people looking for financial stability as well as the ways to preserve and multiply their savings. Most people out there are used to seeing bank deposits as the only relatively reliable option when it comes to investing their savings. Others go to financial markets like stock markets or Forex to turn their money into a fortune.
At the same time, people living in countries with emerging economies are used to keep their savings in foreign currencies like the Euro or the U.S. Dollar. Most of them just go to the local bank and buy some USD or EUR in order to get rid of the national currency they have for fear that it keeps devaluing and losing its purchasing power. Also, they may buy some gold or silver coins or bullions as long-term investments. Essentially, banks and brokers do similar things when it comes to selling and purchasing currencies and precious metals. When you do it via a broker you do it at a better price and more favorable conditions (the spread is lower than the one charged by banks). Also, it is faster and simpler. Now, when financial markets are available to everyone, what’s the point in letting your savings lose their purchasing power? Money should make more money.
However, financial markets can’t stand amateurs. This is a place for those who know what they are doing. Even if you stick to buy-and-hold strategies as the average investor, you still need some expertise in working with trading software, analyzing the market and so on. Luckily for all rookies out there, the internet is full of bootcamps and video courses on who to trade financial markets profitably. On the other hand, brokers offer various bonuses to make rookies feel safer with some kind of a safety cushion.
CHINESE NEW YEAR PROMOTION by Fort Financial Services
These days, there are dozens (if not hundreds) of various promos, trading contests, bonuses, and other loyalty programs designed to reward the trader. Still, rookies are not the only ones who pay attention to those bonuses and loyalty programs. Professionals also treat them as a good way to boost their trading performance. Such offers are beneficial to the very brokers offering them.
The thing is that the more skilled the company’s traders are, the better and longer they can trade financial markets and the more money the can eventually earn, which also means bigger profits for the company. Once again, we are looking at a win-win situation. The trader makes more and more money and the broker capitalizes on that at the expense of the spread charged each time the trader opens or closes another trade.
Let’s consider a promo by Fort Financial Services as an example. By the way, Fort Financial Services was awarded with the Best CFD Broker 2015 title within the scope of Masterforex-V Expo.
In early February, Fort Financial Services announced a new promo named “Chinese New Year”. This one is designed to kickstart your trading career and boost your profits. The promo is valid until March 1st,2016 inclusively. The essence of this promo is this:
Every trader is going to be rewarded for each winning trade with an extra profit. The bonus profit is available for withdrawal at any time and without any restrictions.
The size of the bonus profit may vary depending on the trading day the given trade is closed. Below, you can see the table showing you the dates and the corresponding % of the bonus profit.
Once again, the promo will end on March 1st, 2016. Newbie, PRO and S.T.A.R. types of trading accounts are not eligible for the promo. The remaining accounts are eligible for it.
The smallest amount credited to the account as a bonus amount is equal to 1 cent for standard accounts and 0.01 cent for cent accounts. All dates are going to be recorded precisely based on the time zone stated in the trading platform. Please keep in mind that each new trading day starts at 00:00:00 terminal time.
In order to participate in the promo, your account balance should be at least $100 or equivalent in other currencies. Please also keep in mind that each one-time bonus profit generated by a certain trade cannot exceed $50 or equivalent. The total bonus you can get per trading account is equal to $150. Still, you can use as many trading accounts as you want to participate in the promo provided that they comply with other requirements. The company strongly recommends the participants to avoid any fraudulent activities related to the bonus otherwise the company may cancel the bonuses for all the trading accounts owned by the abuser. You can withdraw the funds at any time after the the bonus is credited to your trading account.
