What are your thoughts on $5 No Deposit Bonuses?

Sep 04, 2012 at 12:42
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11 Replies
Member Since Jul 03, 2012   186 posts
Sep 04, 2012 at 12:42
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.
Member Since Jan 14, 2010   556 posts
Sep 04, 2012 at 14:18
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.
Member Since Jul 03, 2012   186 posts
Sep 07, 2012 at 09:54
Yes, I agree.
Pax puts the X in Forex.
TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Sep 07, 2012 at 12:18
Bears! Everywhere! Must get some bear away spray or something...
Member Since Dec 08, 2011   1 posts
Sep 10, 2012 at 06:10
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.
Dare to lose
Member Since Sep 10, 2012   8 posts
Sep 10, 2012 at 09:48
one broker i am using giving me 1:1000 leverage with $5 bonus, we all try to make a profit

Mo
Member Since Jul 03, 2012   186 posts
Sep 11, 2012 at 07:41
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.
Member Since Jan 31, 2012   168 posts
Sep 11, 2012 at 10:32 (edited Sep 11, 2012 at 10:33)
Those little 'no deposit bonuses' provided by some brokers are pathetic attempts to attract some clients. Doesn't worth it.
Member Since Jan 14, 2010   556 posts
Sep 11, 2012 at 14:55
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.
Member Since Jun 03, 2012   10 posts
Sep 11, 2012 at 19:45
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.
Member Since Sep 10, 2012   8 posts
Sep 14, 2012 at 09:20
Its the name of the game..,..
Everyone trying to attract clients, some do, some don't

Mo
Member Since Jul 03, 2012   186 posts
Sep 14, 2012 at 18:33
martin999 posted:
No deposit bonuses are joke...

I disagree that all no deposit bonuses are a joke, but it depends on the conditions. I do like bonuses if the conditions are good as it gives you a small boost without a hassle.
Pax puts the X in Forex.
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