Binary option platform provider Tradesmarter has announced the introduction of what it calls a smart bonuses and rewards system, allowing binary options brokers to offer up to seven different types of bonuses at the same time to a specific user.
Bonuses and rewards are a very important acquisition and retention tool for most binary options brokers.
In addition to the already fully integrated Risk Free Trade and Pending Bonuses, the following bonuses will be available to all Tradesmarter brands:
Smart Bonus
- Can be used for trading.
- Cannot be withdrawn before the target volume has been reached
- Deposit and profit can be withdrawn
- In case of a withdrawal the bonus will be cancelled but the profit will be kept
Profit Bonus
- Can be used for trading
- The bonus and any profit made after the bonus has been given cannot be withdrawn before the target volume has been reached
- Deposit can be withdrawn
- In case of a withdrawal, the bonus and profit made after the bonus has been given will be cancelled
Balance Bonus
- Can be used for trading.
- The bonus, all the balance prior to the bonus giving, including the related deposit, and any profit made after the bonus has been given, cannot be withdrawn before the target volume has been reached, whatsoever.
Sticky Bonus
- Can be used for trading
- The bonus can never be withdrawn and is only used as trading power
- The bonus will be cancelled once the target volume has been reached
- Any profit made after the bonus has been given cannot be withdrawn before the target volume has been reached
- Deposit can be withdrawn
- In case of a withdrawal, the bonus and profit made after the bonus has been given will be cancelled
No Deposit Bonus
- Can be used for trading
- The bonus and any profit made after the bonus has been given cannot be withdrawn before the target volume has been reached
The complete announcement can be viewed on Tradesmarter’s website here.