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What are your thoughts on $5 No Deposit Bonuses?

TheLastBear
Sep 04 2012 at 12:42
186 posts
Personally I think they are a joke and waste of time. I did come across more and more brokers who do offer them and was wondering what you guys think about them?

Pax puts the X in Forex.
James_Bond
Sep 04 2012 at 14:18
556 posts
TheLastBear posted:
Personally I think they are a joke and waste of time. I did come across more and more brokers who do offer them and was wondering what you guys think about them?


Don't like it. Just a cheap gimmick to draw in newbies.

TheLastBear
Sep 07 2012 at 09:54
186 posts
Yes, I agree.

Pax puts the X in Forex.
PipGnostic
TheCyclist
Sep 07 2012 at 12:18
724 posts
Bears! Everywhere! Must get some bear away spray or something...

Denwabiz
Sep 10 2012 at 06:10
1 posts
TheLastBear posted:
Personally I think they are a joke and waste of time. I did come across more and more brokers who do offer them and was wondering what you guys think about them?


I think it's good for everyone to practice on real acc condition in that broker (better than demo). Off course it will be waste of time if anyone start to thinking to grow that 5$ to 1 million. Broker give away this gift for that purpose, giving trader to try their service without having any risk.

mojehangiri
Sep 10 2012 at 09:48
8 posts
one broker i am using giving me 1:1000 leverage with $5 bonus, we all try to make a profit

Mo

TheLastBear
Sep 11 2012 at 07:41
186 posts
A broker who wants to attract new clients and wants them to try their service should at least credit their accounts with $25 or $50 so the trader has a chance to try their service.

Pax puts the X in Forex.
MRodrigez (MRodrigez)
Sep 11 2012 at 10:32
168 posts
Those little 'no deposit bonuses' provided by some brokers are pathetic attempts to attract some clients. Doesn't worth it.

James_Bond
Sep 11 2012 at 14:55
556 posts
MRodrigez posted:
Those little 'no deposit bonuses' provided by some brokers are pathetic attempts to attract some clients. Doesn't worth it.


Exactly. In some cases they even offer another bonus if you lose the previous one, just until you can make profit to convince you to deposit funds. This is what I call aggressive and misleading advertising.

martin999 (martin999)
Sep 11 2012 at 19:45
10 posts
No deposit bonuses are joke...

Worry is not a sickness but a sign of health. If you are not worried, you are not risking enough.
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