Forex marketing was never as competitive as it is now – low technology costs and consolidation in the market drove client acquisition prices considerably up.
This trend requires brokers to think of more and more creative ways to market their services to clients. We’ve seen our share of bizzare and exotic marketing promotions but the one by fxclearing.ca beats them all.
Current fxclearing promotion is simply called “100% loss rebate” meaning that you deposit $100 and if you lose them you are entitled to get them back if you deposit $100 more. Basically it’s an elaborate way of marketing a 100% deposit bonus.
100% loss rebate!
Do not be afraid to lose money while trading – we will return 100% of what you’ve lost. Simply lose at least $100 – then, deposit at least the same amount you’ve lost, and we will match it by immediately rebating to your account the amount of your loss (up to $3000 per trader).
This promotion can be re-used over and over for any future losses of $100 or more (not counting the prior bonus) after being credited your bonus.
**This 100% rebate can be withdrawn after making 50 standard 100k lots (or 5,000 Micro or 50,000 Nano lots) of non-scalping trades from the moment of getting the rebate.
Be aware that if you withdraw/transfer all or part of your funds before the conditions are fulfilled – your 100% rebate will be annulled.
All they need to do is assure their traders are using Metatrader, and they’ll have plenty of customers re-upping their accounts frequently.