The Forex and CFD broker HotForex (regulated by CySEC of Cyprus) has implemented a new bonus program called “Loyalty Rewards” that rewards customers for opening an account and continuing trading in the market with the company. Basically, this program awards points to the client for every transaction made with the trading instruments that HotForex offers, including Forex, precious metals, and CFD on different underlying assets.
In other words, the more the customer trades, the more points can be obtained. The amount of points, called Bars, depends on the volume and frequency of transactions made by the trader. These bars can be exchanged for cash or trading services, depending on customer choice.
The rewards traders can get through this program are as follows:
Cash bonuses that can be withdrawn 12 month subscription to Trading Central
1 HotForex Debit Card
1-month access to an advanced VPS hosting service.
1-hour private session with a market analyst of HotForex.
3 months of access to an advanced VPS hosting service.
Levels of Loyalty Rewards program of HotForex
There are 4 different rewards levels that the trader can achieve, and the more active trading days accumulate and the higher the transaction volume, more HotForex bars can be obtained for each lot traded in the market.
The program levels are described below:
Red Level: To qualify for this level, the trader should only enroll in the HotForex Trading Rewards Loyalty Program, either through its current account (existing customers) or opening an account with HotForex (new customers). The trader can win 6 HotForex bars for each traded lot.
Silver Level: Traders can access this level when they have accumulated a total of 31 days of active trading. The trader can win 8 HotForex bars for each traded lot.
Gold level: Traders can access this level when they have accumulated a total of 62 days of active trading. The trader can win 10 HotForex bars for each traded lot.
Platinum Level: Traders can access this level when they have accumulated a total of 105 days of active trading. The trader can win 12 HotForex bars for each traded lot.
Attention: Although the benefits that can be gained in this program depend directly on the volume and trading frequency, it is recommended to trade carefully applying the rules of risk management and proper money management. It makes no sense that the trader jeopardizes their account for more points and rewards with the Loyalty Rewards program. Capital protection should always be the first consideration.
Rewards offered by HotForex
Once the trader has accumulated a sufficient amount of HotForex Bars there is a variety of cash bonuses and trading services that can be accessed, for example:
1 USD bonus for 35 HotForex bars. (A minimum of 1000 HotForex bars can be redeemed for cash).
1 HotForex debit card for 1000 bars.
12-month subscription to Trading Central for 500 bars. 1-month access to an advanced VPS hosting service for 1100 HotForex bars.
You can obtain more information about the Trading Rewards Loyalty Program and other services of the broker HotForex on the website of the company through the following link:
