Basically the bonuses we get from our trading brokers practically cannot use at all due to many restrictions. we have to make sure first of all to take any kinds of bonuses from only real regulated trading brokers , otherwise that’s not possible at all to use any bonus offer because of margin stop outs.
Nov 10 2017 at 11:06
Brokers with bonuses are simply dodgy.
You are right, before using any bonus offer we have to read the details about terms and conditions of that particular bonus offer! By the way, usually market maker brokers offer big bonus to get new clients!
Bonus is helpful but all bonuses are not! That’s way, we have to take bonus service so sincerely! By the way, for a good skilled Forex trader, small trading capital is not a great issue!
Nov 14 2017 at 15:09
Bonuses can be good for training purposes, since you're not trading with your own money but you are trading with real money. Apart from that, however, I'd rather not use them.
I believe the bonuses are just a marketing trick used by market makers in order to attract new or already existing clients. Also, some brokers have specific clauses that makes the bonuses useless - for example if you loose your funds, they simply deduct their bonus and some others :)
May 21 2018 at 07:02
A no deposit forex bonus helps a new trader to trade a live trading. We know psychology is the most important factor that we can't control in forex trading. For a newbie, starting forex with bonus a great way to see his psychology how it works for him/her. I will recommend people to take no deposit forex bonus as much as possible until you control your psychology. For all type of forex bonus i found this website (https://forexwithbonus.com/) helpful.
I also do think that brokers that offer bonuses are dodgy not legitimate . I wouldn't confide my funds in a broker that is not focused on offering good trading conditions , but only trying to attract clients as we are on the marketplace. So for me, offering bonuses is not a key factor for choosing a broker at all.
Accept the loss as experience
May 24 2018 at 05:57
TiffanyK posted:
I also do think that brokers that offer bonuses are dodgy not legitimate . I wouldn't confide my funds in a broker that is not focused on offering good trading conditions , but only trying to attract clients as we are on the marketplace. So for me, offering bonuses is not a key factor for choosing a broker at all.
Appreciate your opinion, really bonus is not any key factor, never & ever.
May 29 2018 at 06:12
From my experience, I can say that some Forex brokers give free welcome bonus to get acquainted with their own platform. Note that, a no deposit Forex bonus helps a new trader to test the live trading experience. Before making a deposit, a welcome bonus is absolutely a great option for a newbie. Yes, all Forex bonuses are not legitimate. I have read many forex bonus blogs and i found the Forex bonus club (https://forexbonusclub.com/) mentioned the verified broker bonuses on their blog. Cheers!
May 29 2018 at 10:04
Bonus should not be the main consideration when opening an account with a broker. regulation, spreads and platform are all way more important
@Faruk ahmed , I'm getting your point, but usually the Demo account is the tool that is meant to test real market conditions. The Demo account shall simulate the Real market conditions at 100% if the Broker has the needed technical high-end set up.
Accept the loss as experience
Jul 10 2018 at 11:18
PinkPanther2000 posted:
Bonus should not be the main consideration when opening an account with a broker. regulation, spreads and platform are all way more important
Exactly, even I see market maker brokers mainly offer unrealistic bonus like 200%-300% and so on.
My point as well - I would understand if some broker is offering bonuses or some attracting stuff , however 200% - 300% is speaking out loud - I am an MarketMaking broker.
Accept the loss as experience
Aug 05 2018 at 06:09
TiffanyK posted:
My point as well - I would understand if some broker is offering bonuses or some attracting stuff , however 200% - 300% is speaking out loud - I am an MarketMaking broker.
Thanks mare, for added your words! By the way, new traders shouldn’t take their broker only based on the bonus feature.
Dont worry you will pay your bonus before you gad it
not any broker is a chrismus tree
not any broker is a chrismus tree
Adribaasmet posted:Agree with you, there are lot of factors which should be considered while choosing a broker, don't fall just for bonus.TiffanyK posted:
My point as well - I would understand if some broker is offering bonuses or some attracting stuff , however 200% - 300% is speaking out loud - I am an MarketMaking broker.
Thanks mare, for added your words! By the way, new traders shouldn’t take their broker only based on the bonus feature.
Novar posted:
Dont worry you will pay your bonus before you gad it
You got it right !
Accept the loss as experience
Have you ever heard they saying - No such thing as a free lunch?
If a broker gives you 'free' money as a bonus this should tell you 3 things:
1. It's a Market Maker (bucket shop)
2. They want you to overtrade and lose your money.
3. They do not want you to withdraw your money.
If a broker gives you 'free' money as a bonus this should tell you 3 things:
1. It's a Market Maker (bucket shop)
2. They want you to overtrade and lose your money.
3. They do not want you to withdraw your money.
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