If you've ever signed up for a CFD broker, you might have come across a field asking for a partner code. Most traders leave it blank. That is a missed opportunity, because entering the right code gives you a welcome bonus worth hundreds or even thousands in free money.
A broker partner code is essentially a promotional code that you type in during sign-up. After you place your opening deposit, the broker adds additional capital into your live account. The trading conditions are not affected. You just start with additional capital to start with.
How to Get Verified Partner Codes for Brokers
Very few of the codes you see through Google are still active. A lot of broker partner codes floating around online are dead. Some website owner publishes a code when it is new and then never checks it again. Months later the offer has ended but the post is still live.
That is the reason specialised code sites matter. Resources that actually test their codes prior to publishing them save you a lot of frustration. Look for a source that tests codes on an ongoing basis, not just once when they are first posted.
Different Bonuses Available Through a Partner Code
The most common type is the percentage match. You put in a set amount and the broker credits a portion on top. Some brokers match up to 100 %, which practically doubles your opening funds.
There are also no-deposit bonuses — a small amount, usually somewhere between ten and fifty dollars, just for registering an account. No deposit necessary.
Practically speaking, certain well-known brokers currently run sign-up bonuses up to thousands of dollars. That is actual capital you can trade with from day one.
What to Watch Out For Before Applying a Broker Partner broker partner codes Code
The standard term is a trading volume requirement. You have to complete a certain number of lots before the extra money become withdrawable. This is entirely typical across the industry and does not need to scare you.
Also look at whether the bonus has an time limit, and what happens if you pull out your initial deposit before hitting the volume target. Many brokers will void the bonus if you do this.
How to Activate a Broker Partner Code
The process is pretty simple. Source a working partner code from a reliable directory. Go to your preferred broker's sign-up page. Enter your details as normal. Type the partner code in the promotional code field. Submit your registration and place your opening deposit. The bonus should be credited on its own.
The entire thing should take maybe five to ten minutes. There is no disadvantage to applying a working partner code with a regulated broker. Your spreads remain identical. You just receive additional capital in your account. Do not skip extra capital going to waste if all it takes is pasting a code at sign-up.