All of us in life like to be part of what is commonly referred to as a win – win situation; it is just seems better when we are involved in something where both parties get benefit. That is why so many binary options traders like to do their trading on the popular Redwood Options Brokerage site; Redwood doesn’t just benefit by having a person as a customer, but the customer gets some benefit from the relationship too. A great example of this is the generous bonuses that Redwood offers those that trade with them.
The Redwood brokerage site has become popular because of all the unique features they offer and because they are a trading site that tends to satisfy those that trade with them; this is evident by the fact that they get very few complaints.
The bonus, although designed for the purpose of luring potential customers to the Redwood website, is a nice little perk for the trader too. Redwood actually has several different bonus packages that a customer can choose from; there are three in all that the customer can choose from. Why three to choose from? Well bigger bonuses have restrictions as far as withdrawals are concerned that are tied to the amount of money that investors trade, so for some traders it is better to accept smaller bonuses so they can withdraw the money sooner if they need to.
So what are the three bonus classifications?
There is the Redwood Options Mini plan which gives those that deposit any initial amount up to $999 a nice 30% added trading bonus; this will also entitle the customer to receive such additional benefits as free live support by either phone or convenient internet chat. They will also receive as a part of this plan daily market reviews; this can be a great means of help to any investor and might just be the key for finding their next big trade.
Next there is the Redwood Options Executive plan. This plan requires an initial minimum deposit from $1000 – $4999 and in turn the investor will get a very generous 70% bonus. It even includes one risk free trade where if the investor loses they will still get back the amount they invested. The Executive Plan has other exciting features too such as same day withdrawals.
The top of the line plane is the Redwood Options Gold plan. This is for those investors that deposit between $5000 – $10,000 initially. In return for this deposit they will receive an excellent 100% signup bonus. They will also be entitled to receive such things as advanced trading strategies, money management techniques, portfolio structuring tips and all the benefits that the other plans offer too. This packaged is designed to meet the needs of experienced and serious traders.
A $10,000 maximum signup bonus is very generous indeed, but that is not the only type of bonus that a Redwood Options customer may be eligible for. They will also be entitled up to a 10% cashback bonus on losing trades; with this type of bonus those bad trading days don’t have to be all that bad after all. So there truly is a Redwood bonus plan that works for everyone who joins the Redwood Options trading site.
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References and Further Reading:
1. Efficiency of foreign exchange markets and measures of turbulence (J Frenkel, ML Mussa – 1980)
2. Characteristics of the Euro, the Demand for Reserves, and Policy Coordination under EMU (PR Masson, B Turtelboom – 1997)
3. Optimum Currency Area Indices: How Close is the Czech Republic to the Eurozone? (L Komárek, Z Čech, R Horváth, ČN Banka – 2003)
4. Risk and exchange rates (M Obstfeld, K Rogoff – 1998)
5. Exchange-rate pass-through to import prices in the Euro area (JM Campa, LS Goldberg, JM González-Mínguez – 2005)
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