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.
Feb 24 2021 at 12:05
forexminded posted:Every broker does not have terms and conditions on bonuses. They might have some eligibility criteria for the same.
Bonus is secondary. Primary motive should be choosing a broker who provides good services along with great pricing.
UweMoench posted:Yeah, deposit bonuses are just clever scams imo.
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.
The terms and conditions are usually structured in a way that will make it near impossible to withdraw.
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
Unfortunately, brokers are not very conscientious either, so you always need to make a choice carefully.
Feb 25 2021 at 11:50
lurehuh posted:That’s what I am trying to say that you need a genuine broker to enjoy the bonuses. Some brokers don’t even provide the verified bonuses and some traders still rely on them. They even want to know about the ones who do this. Don’t take risks with your money or else you’ll lose it all. You can try bonuses from Turnkeyforex and XM and see if it's good for you.
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
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.
Mar 16 2021 at 11:30
Brokers should not be selected on the basis of the bonuses they offer but should be chosen on the basis of various parameters like commissions, spreads, trading platforms, minimum deposit and withdrawal speed.
Mar 16 2021 at 11:37
if you look at it the broker who offers high leverage will not give bonus and with bonus the leverage will be restricted and it all will be same.
Mar 16 2021 at 14:29
Welcome bonuses are the biggest scams. Stay away. If you read the terms, you will see how impossible it is to withdraw it.
Jul 03 2021 at 10:10
Willemcurtis posted:Yes. All trader should see all the terms and conditions before selecting the broker.forexminded posted:Every broker does not have terms and conditions on bonuses. They might have some eligibility criteria for the same.
Bonus is secondary. Primary motive should be choosing a broker who provides good services along with great pricing.
Yes most bonus are just bogus. There is nothing for a trader. But yes you can experience real trading environment with no deposit bonus. But deposit bonus is no use.
Of course, when choosing a broker in the first stage, we look at what conditions and how payment systems work, and then at additional bonuses, I can say that the Amarkets broker is doing well at all stages.
Jul 19 2021 at 11:48
Well, I think it depends on the traders. Some may not be a fan of such welcome bonuses while some enjoy having some additional margin in their trading accounts. It's all about different perspectives.
if you read that the broker has a bonus don't get it, first read rules
if there is written that you can't withdrawal your funds befire that bonus will be traded then avoid such broker or such bonus
if there is written that you can't withdrawal your funds befire that bonus will be traded then avoid such broker or such bonus
Nov 23 2021 at 19:27
PiquieFX posted:Yes. Proper market research is very importnat.
if you read that the broker has a bonus don't get it, first read rules
if there is written that you can't withdrawal your funds befire that bonus will be traded then avoid such broker or such bonus
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