60% FXOpen Bonus ➡️ (1 FXOpen Promo codes + Sign-up bonus) January 2026 New Zealand

The most redeemed FXOpen discount codes

What is Forex FXOpen?

Forex (Foreign Exchange) is the foreign exchange market where currency pairs are traded, such as EUR/USD or GBP/USD. Forex is an over-the-counter (OTC) market in which investors or speculators buy and sell currency pairs.

Forex is the currency market and these, unlike most other tradable assets, are both economic instruments and economic indicators. Basically, if countries were companies - currencies would be their shares.

Knowing the common language of Forex traders will help you understand what it takes to become one.

Most Important Forex Trading Terms:

• Currency Pairs

• A Forex Quote

• The Pips

• The Spread

• Margin

• Leverage

• The Swap

• The Contract Lot or Size

• The CFDs

• The MT4 and MT5 Forex Platforms

How to make money with FOREX?

When it comes to starting a trading activity to earn money online trading most individual traders will follow a strategy that will allow them to earn money trading forex consistently, especially in Forex or Stocks.

Stock market and foreign exchange trading is a business that includes risk of capital losses and not everyone can win.

First, a trader must know how to be profitable, adjust to one or more trading strategies and adapt them to his personality, without forgetting to control his profits and risks. Anyway, any method can and should be tested before its use is put into practice on a real trading account.

This testing period allows you to practice and know the positive or negative expectation of the strategy in question and, in particular, several important statistical data to be known. However, past results are not 100% representative of future results.

Furthermore, a trader needs to develop a certain attitude in order to have the ability to reliably execute his trading strategy. This second part will be the focus of this article, highlighting the main reason why so many Forex traders give up and lose in the Forex market.

Deposit bonus FXOpen and Coupon 60% Platform and binary options broker with welcome bonus on 1st deposit with Coupon FXOpen

What is Brokers FXOpen?

A broker is an organization or a market agent that intermediates the negotiation between a buyer and a seller. Broker, in Portuguese, means 'broker' or 'intermediary'.

That is, it is the broker responsible for bringing together parties interested in exchanging goods and services for money. He also acts to ensure that the value of the operation itself increases, acting as a kind of consultant.

Where does a Broker FXOpen work?

In the broad sense of the term, a broker can operate in different markets and activities, such as:

1. Real estate sector: in the real estate market, the broker acts as a realtor. In this environment, the term 'private broker', which defines brokers in the luxury segment, has been spreading. These provide personalized service to customers with high purchasing power;

2. Stock market: in the financial market, the broker acts as operator of the stockbroker. He participates in the buying and selling of bonds and stocks. The broker that works with stocks is known as a 'stock broker'.

3. Trade: in trade, the broker operates in the industry, acting as intermediary in the distribution sector. It also participates in the retail sector.

The financial market is extremely related and dependent on the performance of brokers. More specifically, in the stock market, for example, this professional is known as a stock broker.

The broker's performance is necessary because whoever intends to invest in stocks needs intermediation, as the trader is not authorized to deal directly with the Exchange.

Such intermediation is performed by a financial institution authorized to do so. Therefore, in the case of stocks, this institution is a stockbroker. Specific activities are carried out by professionals known as market operators.

Therefore, in the financial market, the figure of the broker is always linked to a brokerage firm. He carries out the sale or purchase, following the requests given to him by the customer.

Each broker must manage their clients and earn income from their commissions, despite working for a broker.

Despite this, the function of the broker (if necessary or requested) is to guide clients with regard to their market operations, assisting them in the investment process.

What is Binary Option by FXOpen?

Binary options are relatively new financial instruments that differ by having a fixed cost, risks and potential profit known in advance. Binary options are popular with novice traders precisely because the potential profit is known before entering a trade and a position can be opened. They work simply by choosing which direction the price will go.

Deposit Bonus FXOpen

When you make a real money FXOpen deposit to your account, the FXOpen broker will provide you with a deposit bonus, which is usually a percentage of your real deposit.

Different levels are maintained by forex brokers to encourage traders to deposit more to earn more bonus FXOpen is Binary Options Brokers with bonus. Some forex brokers only provide first deposit bonus deposit, while others provide bonuses whenever you deposit money. Although you cannot withdraw the FXOpen bonus back to your account, you can use it for trading and withdraw your profits.

Various types of bonus FXOpen

Binary Options Bonus FXOpen

Bonus is an amount of money credited to your account in certain situations. A binary options broker might offer a bonus of the following type: you deposit 0 and receive a bonus. So you can trade with 0 in cash. Now you might be thinking that this must not be true since you would be getting free money. But there's more. Brokers are smart and set the conditions before you withdraw your bonus and use it. And there are some key differences between different brokers. 0 does not represent a 0 bonus. With broker A, for example, you can receive ,000 while with broker B, only ,000. This means that it is possible to withdraw a bonus faster with broker B.

A broker that offers an exclusive bonus is FXOpen - also one of the best brokers in the world.

Mobile Bonus

In this rapidly technologically advancing industry, the race to keep pace with the market means that most brokers have now developed a mobile offering that includes a responsive mobile website and app. To ensure that the use of these trading methods is adopted, some brokers offer incentives to customers who trade using their mobile apps.

In addition to these popular options, there are also loyalty schemes, referral bonuses, retention and reactivation bonuses. All are intended to provide an incentive to attract new customers and keep them coming back to trade.

Amount of FXOpen

First: amount is something of great importance. At least, it is the first information we seek to know. But this is not the only criterion to consider when using a binary options bonus. Suppose you get $5,000 in bonus. Do you consider this to be great news? Well, now you have to consider your billing type. For most traders, this is a bonus that cannot be withdrawn, but used in operations over the years. Comparing bonus amounts is like comparing apples and oranges. Even though the conditions that provide for a $5,000 bonus are absolutely fair, for the vast majority of traders, this bonus might not make sense. Most traders are quite confident and believe they can use the bonus easily. They deposit little money and aim for the highest possible bonus. Later they find out that the bonus amount is too high and they cannot meet the withdrawal conditions.

That's why it's better to adopt a more conservative criterion: it's better to choose a lower bonus for your first deposit. Suppose there is a 50% up to $200 bonus. In this case it is better to deposit a small amount like $100, and get a $50 bonus. Not bad. Afterwards, you can make another deposit of $100. In this way, you will be able to trade with $250 with only $50 bonus. And so, it will be easier to reach the withdrawal conditions.

Conditions for obtaining bonuses

As we mentioned before, there are conditions to each bonus offer. No broker will pay you any amount of money for free. Once you receive a $50 bonus, it is not possible to withdraw it immediately. It may also happen that you cannot even make trades with this bonus amount and you have to wait until the invoicing is achieved. But there are also brokers who credit the bonus immediately after depositing and allow you to use the amount to trade.

In any case, you must verify that the necessary billing conditions are met in order to carry out a withdrawal, regardless of how the bonus was credited. Withdrawals can be 20 times the bonus amount, for example. This means that when you receive a $50 bonus, you need to cash in $1,000 to withdraw the bonus. When you buy options for $1,000, you satisfy the necessary conditions to acquire the bonus and you can use it.

Always keep in mind that there are important criteria to consider when you use a bonus derived from binary options: the amount of the bonus, the billing requirements and credit time of the bonus.

Risk warning: Your capital is at risk. It is possible to lose all your capital. CFDs are complex instruments and carry a high risk of losing money quickly due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

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Machine translation disclaimer: This article was translated by a computer system, without human intervention. As the article was translated automatically, there may be errors in vocabulary, syntax and grammar.