TradeDays is one of the most rewarding bonus programs offered by Admirals. Here's everything you need to know about it.
Every day, millions of traders from all around the world invest their money and open positions in the forex market. Each of them uses a unique strategy depending on their trading style and preferences, but they have one goal in mind, which is to gain profit. Many brokers see this as an opportunity to promote their business; hence the idea of forex trading cashbacks.
Admirals, previously known as Admiral Markets, is one of the brokers that offer various bonuses and cashbacks. Admirals Tradedays is a great example of forex cashbacks that you can take advantage of. Let's find out what it's all about.
Contents
Why Trade with Admirals?
Admirals is a leading online trading and investments service that provides access to countless opportunities for both beginner and professional traders. The broker accepts clients from all around the globe and has offices in the UK, Europe, Australia, and Jordan. All of the offices are under the careful watch of the relevant state regulators, including JSC of Jordan, ASIC of Australia, CySEC of Cyprus, and FCA of the UK.
Among other things, Admirals offers thousands of tradable instruments, ranging from currency pairs to CFDs on cryptocurrencies. Admirals' clients can enjoy advanced trading platforms that are equipped with useful and exclusive analytical tools which ensure a seamless trading experience. Their costs are considered quite competitive compared to other brokers in the market.
Get to Know Admirals Tradedays
Admiral Tradedays is one of the time-limited programs offered by Admirals. It offers an exclusive cashback promotion of up to 35%. The amount is calculated from the typical spread from eligible trades. Both new and existing clients can participate in this event using their live trading accounts.
Where to Find the Information on the Official Broker Site?
- This information is reported per Jan 20 2023.
- We can not ensure if this offering is still available or remain the same in future.
- The broker announcement page may or may not exist anymore, You may explore XM homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.
How to Get the Cashback
In order to participate in the program, here are the steps that you should follow:
- Sign up and create an account on Admiral's website. Make sure to verify your account before proceeding to the next step. If you are an existing user, simply log in to your secure client area.
- in order to participate in the event, simply fill in the form on the Admirals Tradeday page. Enter your MetaTrader account number, choose three of the available CFD instruments, and enter your personal details. Agree to the terms and conditions and click "Get Started".
- Fund your account with your preferred payment method and open trades.
- Receive the cashback automatically from the spreads on every eligible trade you make.
It is worth noting that only trades that are lasting more than 2 minutes would be eligible for the event. Also, the typical spreads may differ based on the contract specification for each instrument. You can check the broker's website for more details.
Available Instrument Choices
Unfortunately, this offer can be used on certain assets only. Don't worry though as the instruments picked by Admirals are all popular and trending at the time this program is in effect. In this program, you could pick up to three of the following instruments:
- DAX40
- NQ100
- EUR/USD
- GBP/USD
- USD/JPY
- DJI30
- GOLD
Other Cashback Offers
Apart from limited-time programs like Admirals Tradedays, Admirals also has a lifelong cashback program that will reward you each month simply for making trades. Essentially, you will be rewarded with extra credits based on your trading volume. The cashback rate is 1 USD per million USD of notional trading volume, calculated on the basis of your monthly closed positions. You will receive the reward at the end of each month.
Any trading positions are eligible for this program, except:
- Positions with a duration of less than 15 minutes.
- Positions with a profit or loss amount less than two typical spreads of the traded instrument.
- Positions on single share CFDs and ETF CFDs.
This program is available to all Admirals clients and all live trading accounts. It offers the easiest way to earn money with very few requirements. All you need to do is deposit some funds in your account and make trades. There is no need to claim the gift or take any additional action to get it as the reward will be automatically transferred to your account during the first 5 calendar days of each reporting month.
Please note that in Admirals, one trading account can only have one active bonus or participate in one bonus promotion at a time. However, you may participate in multiple promotions if you use separate accounts opened in the same Trader's Room.
Some Tips on Trading Cashbacks
Trading cashbacks are great to earn additional income. It is relatively easy to get, especially for active traders. You simply need to participate in the program and open positions to earn cashback on each transaction regardless of the outcome. However, such programs can also trigger negative effects like overtrading and laziness. In fact, the ease of getting rewards can motivate traders to open trades without really considering the outcome.
If you're not careful, such behavior can damage your overall trading performance. You might think that losing trades is not a huge problem anymore as long as you get cashbacks at the end of the trade. It can reduce your motivation to learn, practice, and improve your trading skills. At the same time, it can also urge you to keep on trading and even take more risks than you can afford.
With that being said, it's important to use the cashback opportunities properly. The first thing to keep in mind is to stay focused on the trade, not the bonus. Otherwise, you could lose the essence of trading and end up getting more losses than you can anticipate. Just do your usual trading routine without calculating the potential cashbacks. Think of it as a bonus for trading well. So, even with the cashbacks, you still feel the need to do your best and improve your performance.
Final Thoughts
While it shouldn't be your primary concern, trading cashbacks can certainly add value to a forex broker. In this case, Admirals offers a number of attractive bonus rebates and cashbacks through various events like Admirals Tradedays. You can get extra bonuses simply by conducting trades so this is undoubtedly a huge opportunity to earn extra income, especially for active traders.
Admiral Markets is a forex and CFD brokerage that has been operating since 2001 to provide smart financial answers for traders around the globe. Their main services revolve around 3 key activities: Learn, Trade, and Invest. In doing so, they have many registered subsidiaries including Admiral Markets UK Ltd, Admiral Markets Pty Ltd (Australia), Admiral Markets AS Jordan Ltd, Admiral Markets Cyprus Ltd, Admirals SA (Pty) Ltd (South Africa), and Aglobe Investments Ltd (Seychelles) for the worldwide market.
20 Comments
Jan 21 2023
Hello bro, I really like what Admiral Markets has to offer regarding cashback from Admiral Tradeday. but in my opinion it is still limited and a little difficult for novice traders. because the first choice of instruments is limited. even though the chosen trading instrument is quite a trend, it is not enough. because in my opinion every trader has different tastes including in trading.
there are only seven instruments available, too few in my opinion. and crypto-currencies are unlikely to be included here. A client participates in this advertising Campaign only if the client wishes to trade foreign exchange and/or CFDs
Jan 21 2023
Marvel: I agree with your opinion, only those who trade foreign exchange or CFD can participate in the tradeday campaign at Admirals. here are some provisions anyway. So, if you've joined other campaigns, you can't join this Admiral Tradeday. so you also have to make a choice. and yes, not necessarily when you participate in Tradeday it can motivate yourself to improve your skills.
I think it is precisely this that can sometimes make new traders or beginners careless to trade. instead of profit instead of loss. and yeah in the end you don't use your strategy and technical analysis in trading.
Jan 21 2023
Personally, I'm interested in the admiral tradeday campaign. and Woww this is an interesting offer, especially for novice traders who really like bonuses and cashback. well, even though it's limited, it's still good. I know that usually every trading event has its own terms and conditions, the same as Admirals.
I think the way to register is also not too difficult. and in my opinion the cashback that is offered is crazy, it's pretty big, up to 35%. who can try to refuse, I also want that if so. now the problem is here, how do I get cashback prizes?
if anyone knows help answer yes...
Jan 21 2023
Carlos: hello friends, I'll give you an answer... if you want to participate in this event, it's really easy... you just have to register at Admirals, then don't forget to verify your account and then fill out the form for traders who want to participate too. Usually as far as I know, last year this event was open from November 1-25.
Eligible cashback prizes will be credited directly to your actual Admiral Markets trading account, usually the end of December. So don't forget that I have to trade for a maximum of 2 minutes and Traders can participate with their Admiral Markets Trade.MT4 or Trade.MT5 accounts. Typical spreads are listed on our website in the Contract Specifications section for each instrument.
Jan 21 2023
Guys, I'm really interested in this event in Admirals (admiral tradeday). sometimes there are people who are still unsure about making real trades, but maybe they are trading to catch the benefits from this tradeday campaign. I like it because all traders can join, both beginners and experienced.
and it can also be a motivation for someone or a trader to get the prize. but yes, as a good trader, don't focus too much on prizes or cashback, but put aside your initial goal in trading. You have to focus so that you can also get profits in trading.
So according to this time, what things can be a consideration for me in choosing Adamiral as a broker of choice regardless of this cashback?
Jan 21 2023
Jay: I think regardless of the bonuses and cashback offered by the Admiral in the events including tradeday. Admiral I said is a broker that has its own uniqueness, namely its volatility protection device. This broker increases the available order types to include a pre-set maximum slippage, cancellation of pending orders on price gaps, market execution and partial execution of limit orders, and activation of stop orders using reverse quotes. They enhance a trader's ability to manage a portfolio during high volatility events.
so yes, if you want to trade by joining this broker, according to him, that's okay. the features are good and yes there are bonuses and cashback again.
Jan 21 2023
Gleen: I agree with your explanation. and yes, the up to 35% cashback offered by Admiral Markets also includes the unique features of the Admirals. because not all brokers offer it. new clients and beginners as long as they meet the program requirements may participate. There is something else that I think makes this broker able to compete with other brokers, namely MetaTrader Supreme Edition, available free for all accounts (including demo version), represents the most significant value. This consists of upgrading to basic versions which are inadequate of the MT4 and MT5 trading platforms. In addition to the Trading Central plugin, Indicator Pack, the Connect tool and the Global Opinion add-on, they all provide great value for manual traders.
Jan 21 2023
according to getting cashback on admira tradeday, the requirements are not too difficult, huh, at least the instruments are limited. for other things it is quite easy to accept. There are also things that really need to be considered when participating in this campaign. i.e. don't forget you can only use typical spreads.
If you want to know more, you can look directly at the website, guys. It's also listed there in full. Please note that in the case of special market conditions such as market moving news, the spreads can be significantly higher.
and yes, if the client meets the requirements to participate in the tardeday, you can choose up to 3 (three) trading instruments in the form of registration to participate in the Campaign.
Jan 21 2023
as a beginner i love the campaigns offered by admiral markets. The cashback offered is also high, in my opinion, up to 35% for cashback only. I'm sure every novice trader needs motivation, I do the same, sometimes when I see coloring like this, I get excited to trade again. but you also have to remember that getting carried away with bonuses is not good. it can cause you to focus too much on pursuing the campaign and yes you can forget that in trading there are strategies and techniques.
So, my question is, even though Tradeday can be followed by all clients, including beginners. can this broker be a good trading broker for me? If anyone knows, can you help me?
Jan 21 2023
Harrison: I think yes, as far as I'm concerned, Admiral is a great account for beginners regardless of the bonuses and cashback offered. Admiral Markets has gone to great lengths to help novice traders start trading by publishing a myriad of educational articles, guides and webinars. For clients looking for active support, the MetaTrader Supreme Edition software provides chart analysis from Trading Central and analyst recommendations for users.
The admirals educational feature is pretty good, if I say yes, because Admiral Markets provides free and structured Forex and CFD trading material called Forex 101. The educational material is also quite complete, starting from how to set up MT4 to how to manage risk. This material is a very useful resource for novice traders.
Apr 8 2023
"The amount is calculated from the typical spread from eligible trades. "
Okay, so what the article want to say is we can get the cashback up to 35$ through this Admirals Program Cashback. And you can get the amount of that with the spreads. As long you need to hold for 2 minutes and 15 minutes if you want the other cashback. But because it is based on the cashback spread, can we withdraw the cashback bonus from the spreads? I mean how we can get the benefit from admiral program cashback if the Cahsback is back to your spread?
Apr 10 2023
Let me answer, mate. So the deal with Admiral Markets' cashback program is that they calculate your cashback based on the spread of your eligible trades. Even though the cashback is returned to you through the spread, it's still a ripper of a deal because it lowers your overall trading costs, ya know what I mean?
Now, here's the thing: the cashback isn't like a bonus that you can withdraw and use for a cheeky pint or two. Instead, it's a reduction in the spread that you pay on eligible trades. But hey, that's still bloody good news because it means you can keep trading and save some dosh at the same time.
Hope that clears things up, mate!
Apr 8 2023
Hey, I am interested in the cashback offered by Admiral Market. The terms are simple: just sign up and pick the instrument you want to receive cashback on. The cashback is returned to you using the spread. It seems interesting and can be used with the scalping method, but it requires holding the instrument for at least 15 minutes. The available instrument assets include DAX40, NQ100, EUR/USD, GBP/USD, USD/JPY, DJI30, and GOLD. However, as a beginner, it might be confusing to choose which one to pick. Can you suggest which one would be a good choice for a newbie like me?
Apr 9 2023
Hello, I can offer some suggestions on which instrument to choose as a beginner for Admiral Markets' cashback promotion.
First, it's important to consider your level of familiarity with the different assets. If you're new to trading, you may want to start with more well-known assets like EUR/USD, GBP/USD, or USD/JPY. These are among the most widely traded currency pairs in the forex market, and there is a lot of information and analysis available on them.
On the other hand, if you're interested in trading indices, the DAX40 and DJI30 are popular choices. The NQ100 is also a good option, particularly if you're interested in trading technology stocks.
GOLD is a popular choice for traders who are interested in commodities, but keep in mind that gold prices can be volatile and may require a bit more knowledge and experience to trade successfully.
Ultimately, it's up to you to decide which instrument you feel most comfortable trading. You may want to consider doing some research on the different assets, analyzing their historical performance, and keeping up-to-date with any news or developments that could impact their prices.
Apr 9 2023
Thank you, dude! I'm so grateful for your time and help in giving me advice on Admiral Markets' cashback promotion. Your suggestions were really helpful and informative, and I feel much more confident in my ability to make an informed decision now.
I plan to do some further research and analysis on each of the instruments available, including their historical performance and any news or developments that could impact their prices. I also appreciate your advice on starting with the more well-known assets, like EUR/USD, GBP/USD, or USD/JPY, to gain more familiarity with trading before moving on to more complex instruments.
Apr 18 2023
Hey, I was checking out the cashback offer from Admirals and noticed that in the terms, it says we have to trade single share CFD and ETF CFD to get the cashback. I'm super curious about ETF CFD though, like what assets are involved in it? I know there are stocks, indices, precious metals, and even some commodities, but I've never heard of ETF CFD. Also, if we don't trade CFD, what kind of investment is ETF? Can you explain it to me? Thanks!
Apr 18 2023
ETF stands for Exchange Traded Fund, which is a type of investment fund that trades on a stock exchange. ETFs can be made up of various assets such as stocks, bonds, commodities, or currencies, and they provide investors with exposure to a diversified portfolio of assets.
ETF CFDs, on the other hand, are contracts for difference that allow traders to speculate on the price movements of an ETF without actually owning the underlying asset. Admirals offers cashback for trading single share CFDs and ETF CFDs, which means traders can earn cashback by opening and closing positions in these instruments. If you don't trade CFDs, you can still invest in ETFs directly by purchasing shares of an ETF through financial institution. However, investing in ETFs directly may require a higher initial investment and may involve additional fees such as management fees or transaction fees.
I hope that helps clarify things for you
Apr 20 2023
Dude, you dont need to worry anything that involved in ETF. When trading ETF CFDs, you are not actually buying or selling the underlying asset, but rather speculating on the price movement of the asset. The value of the CFD contract will track the price of the underlying asset, and you can profit or lose based on the difference between the opening and closing price of the contract. Therefore, you do not need to worry about physical ownership or delivery of the underlying asset. Instead, you simply focus on predicting the price movement and taking advantage of any potential profit opportunities.
Apr 20 2023
"All of the offices are under the careful watch of the relevant state regulators, including JSC of Jordan, ASIC of Australia, CySEC of Cyprus, and FCA of the UK."
Hey, just imagine if this happens. What if the broker fails to give us the bonuses that are offered? Are there any consequences that the broker may face from the regulators who regulate Admiral like those mentioned above? Also, are the bonuses offered by Admirals being monitored by those regulators?
Apr 20 2023
if Admiral doesn't come through with the bonuses they promised, they could get in some serious hot water with the regulators who keep tabs on 'em. And, like, different places have different rules and punishments for this kind of stuff, depending on where you live and what kind of bonus they offered you. So, like, it's hella important to read and understand all the terms and conditions of any bonus before you accept it, ya feel?
Now, when it comes to whether or not the regulators are watching Admiral's bonus game, it's possible. But, like, if you want to know for sure, you could always hit up Admiral or the relevant regulatory body and ask 'em about it. They should be able to give you the deets, you know?