How to Use Partner Codes for Online Brokers

If you have ever registered with a CFD broker, you have probably noticed a box asking for a partner code. Most traders ignore it completely. That is a mistake, because using the right code gives you a sign-up bonus worth hundreds or even thousands in bonus cash.

A broker partner code is really just a promotional learn here code that you enter during sign-up. After you complete your initial deposit, the broker gives you extra money in your trading account. The commissions do not change. You just have more capital to start with.

How to Source Active Partner Codes for Brokers

Not all codes you see on the internet actually work. A lot of broker partner codes shared online are outdated. Someone publishes a code when it is first released and then moves on. Weeks later the code has ended but the post is still live.

This is why specialised directories are worth using. Sites that actively check their codes prior to listing them spare you considerable wasted time. Use a source that tests codes on a regular basis, not just once when they are first posted.

Types of Bonuses On Offer Using a Partner Code

The most common type is the percentage match. You fund with a certain amount and the broker matches a portion on top. Some brokers offer up to 100 percent, which effectively doubles your initial capital.

There are also free bonuses — a small amount, often around 10 to 50 dollars, just for registering an account. No deposit required.

Practically speaking, certain well-known brokers right now run sign-up bonuses worth thousands of in extra trading capital. That is genuine funds you can trade with from day one.

What to Know Before Entering a Broker Partner Code

The main requirement is a trading volume requirement. You have to trade a certain number of lots before the bonus are made yours to keep. This is common practice and should not put you off.

Additionally verify whether the bonus has an time limit, and what happens if you pull out your initial deposit before hitting the trading requirement. Many brokers will forfeit the bonus if you do this.

Steps to Use a Broker Partner Code

This process is pretty straightforward. Find a working partner code from a reliable directory. Go to your chosen broker's sign-up page. Fill in your details as normal. Enter the partner code in the promo code box. Submit your registration and make your first deposit. The bonus gets credited straight away.

The whole process takes maybe five to ten minutes. No negative to using a verified partner code with a reputable broker. The fees stay the same. You just get extra capital in your account. Do not miss extra funds unclaimed if all it takes is typing a code at registration.