If you've ever registered with a CFD broker, you may have seen a field requesting a partner code. Many traders ignore it completely. That is a mistake, because entering the correct code unlocks a sign-up bonus of real money in additional cash.
A broker partner code is really just a promo code that you enter during registration. Once you place your opening deposit, the broker adds bonus funds in your live account. Your spreads do not change. You just get more capital to trade with.
How to Find Active Partner Codes for Brokers
Not all codes you see online actually work. Many broker partner codes posted online are dead. Someone posts a code when it is new and then moves on. Weeks later the code has expired but the post is still up.
This is why curated verification sites matter. Directories that actively test their codes prior to listing them spare you considerable frustration. Look for a site that verifies codes on an ongoing basis, not just when they first go up.
Different Bonuses Available Through a Partner Code
The most common type is the matching bonus. You fund with a certain amount and the broker adds a percentage on top. Certain brokers offer up to 100 %, which effectively doubles your starting funds.
Some brokers offer sign-up bonuses — a small amount, typically around ten and fifty dollars, just for registering an account. No deposit required.
To put this in perspective, certain established brokers right now run welcome bonuses up to thousands of dollars. That is genuine capital you can trade with from day one.
Things to Watch Out For Before Entering a Broker Partner Code
The standard requirement is a trading volume requirement. You need to trade a specified number of lots before the bonus funds are made available for withdrawal. This is common practice and should not worry you.
Additionally check whether the bonus has an time limit, and what happens if you withdraw your initial deposit before meeting the volume target. Most brokers will cancel the bonus if you do this.
How to Use a Broker Partner Code
The procedure is pretty easy. Get a verified partner code from a reliable directory. Go to your chosen broker's sign-up page. Fill in your details as usual. Enter the partner code in the partner code field. Finish your sign-up and complete your opening deposit. The bonus gets applied automatically.
The whole process takes about five to ten minutes. No negative to applying a working partner code visit this site with a reputable broker. The trading conditions do not change. You just get bonus capital in your account. There is no reason to leave extra money unclaimed if all it requires is entering a code during registration.