Bonus is not that much important

UweMoench
UweMoench
Dec 13, 2020 at 08:31
1,372 Views
25 Replies
UweMoench
UweMoench
Member Since Jul 19, 2020   751 posts
Dec 13, 2020 at 08:31

Bonus is not that much important however welcome bonus or no deposit bonus might be essential for new traders for their practice. Broker use this type of bonus to attract novice traders. When I started trading I also looked deposit bonus. But later I realized that deposit bonus is of no use.
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Samuelkoi
Samuelkoi
Member Since Sep 25, 2019   24 posts
Dec 14, 2020 at 07:54
I'm sure that the bonus is more psychological support than financial 😁
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downtown
downtown
Member Since Nov 08, 2019   26 posts
Dec 14, 2020 at 08:35
It may not be that much important but atleast it is better than nothing at all.
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LyudmilLukanov
LyudmilLukanov
Member Since Jul 23, 2020   869 posts
Dec 14, 2020 at 11:41
Most of the broker offer non withdrawable bonus. It is kind of useless if you have big capital or use leverage.
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Evelyn55
Evelyn55
Member Since Apr 28, 2020   52 posts
Dec 14, 2020 at 12:14
Bonus is just a promotional propaganda according to me. Also can brokers who are tightly regulated can offer bonus?
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perryjohn765
perryjohn765
Member Since Sep 12, 2017   238 posts
Dec 14, 2020 at 12:18
bonus is a promotion.if you check leverage and bonus they will be the same.
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GeorgeBischof
GeorgeBischof
Member Since Jul 19, 2020   318 posts
Dec 14, 2020 at 12:52
Bonus is very important to boost up your confidence as a trader.
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Samuelkoi
Samuelkoi
Member Since Sep 25, 2019   24 posts
Dec 18, 2020 at 11:56
Yes, just confidence and please don't rely on bonus funds when trading, because it's not you last shelter but only delaying the inevitable.
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KenAdams
KenAdams
Member Since Aug 14, 2020   40 posts
Dec 18, 2020 at 12:10
GeorgeBischof posted:
Bonus is very important to boost up your confidence as a trader.
How does it boost your confidence?
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LeviSievwright5
LeviSievwright5
Member Since Jul 20, 2020   298 posts
Dec 19, 2020 at 01:29
I'm not in favor of taking bonuses. Because if they take a bonus, they have many terms and conditions which are very troublesome for trading.
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SofieAndreasen
SofieAndreasen
Member Since Jul 23, 2020   759 posts
Dec 20, 2020 at 11:59
EbonyJones posted:
I am not agree with you. Bonus is very important to increase the confidence.
How does it increase confidence? Is it withdrawable or non-withdrawable fund?
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perryjohn765
perryjohn765
Member Since Sep 12, 2017   238 posts
Dec 21, 2020 at 04:26
LeviSievwright5 posted:
I'm not in favor of taking bonuses. Because if they take a bonus, they have many terms and conditions which are very troublesome for trading.
sometimes there are perks which comes with bonus like no margin call and stop out at 70/50 . your position closes when you blow up the account
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MichaelEX
MichaelEX
Member Since Jan 21, 2021   48 posts
Feb 17, 2021 at 11:31
Many brokerage firms compete for business by offering new account bonuses. Bonus shouldn't be the only consideration, this is a marketing strategy to attract customers. Choose your broker carefully as per your requirement.
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Stonesong
Stonesong
Member Since May 13, 2020   128 posts
Feb 18, 2021 at 11:55
I agree with you that the bonus is not an initial fact on which you should pay when choosing a broker, but nevertheless it is very pleasant to receive good bonuses that you can use. And broker Amarkets has quite a few good offers.
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forexminded
forexminded
Member Since Feb 04, 2021   35 posts
Feb 19, 2021 at 10:38
Bonus is secondary. Primary motive should be choosing a broker who provides good services along with great pricing.
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Sarjohn
Sarjohn
Member Since Dec 28, 2020   187 posts
Feb 24, 2021 at 08:45
Bonus is just a lucrative offer to tempt new traders but when it comes to withdrawal brokers put a lot of restrictions on it, and hence bonus are worth less.
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Rasperr
Rasperr
Member Since Feb 07, 2015   25 posts
Feb 24, 2021 at 15:52
UweMoench posted:

Bonus is not that much important however welcome bonus or no deposit bonus might be essential for new traders for their practice. Broker use this type of bonus to attract novice traders. When I started trading I also looked deposit bonus. But later I realized that deposit bonus is of no use.
Yeah, deposit bonuses are just clever scams imo.
The terms and conditions are usually structured in a way that will make it near impossible to withdraw.
Sam.peters@
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lurehuh
lurehuh
Member Since Dec 03, 2020   20 posts
Feb 25, 2021 at 04:48
I tried using a bonus from one broker a couple of days back and it didn’t turn out to be good. So dropped the idea of taking bonus from anywhere
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Beagelv
Beagelv
Member Since Jul 27, 2020   81 posts
Feb 25, 2021 at 08:31
Unfortunately, brokers are not very conscientious either, so you always need to make a choice carefully.
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ivanstephens
ivanstephens
Member Since Dec 22, 2020   13 posts
Mar 16, 2021 at 05:54
That is right, not all the brokers have the option of giving deposit bonuses. Not a bad thing to attract traders right.
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