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Bonus and broker
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Member Since Aug 11, 2017  664 posts Mohammadi Dec 15 2019 at 09:10
In Fx trading the bonuses we get from our trading brokers practically cannot use in a proper way due to many restrictions. So, we have to choose the regulated trading broker, otherwise it is useless to have 100-200% bonuses which cannot use in a proper way due to many restrictions.


Member Since Oct 25, 2018  1 posts letruongcabt Dec 15 2019 at 15:34


Member Since Feb 08, 2019  108 posts Treeny Dec 15 2019 at 17:01
Bonuses are a bad idea. Don't do it....


Member Since Sep 29, 2019  2 posts Cegar (Cegar) Dec 17 2019 at 19:29
You need to understand right away that bonuses are usually not real, but virtual money, which may be able to secure your capital. But this is not accurate. In addition, as far as I know, many brokers block the withdrawal with a bonus, because it needs to be processed and usually in a multiple amount. That is, you just can not manage your money and stop working with the broker, if you do not like it. So even if you decide to use the bonus, be sure to gather as much information as possible so that you do not find yourself in a hopeless or unpleasant situation.


Member Since Jan 05, 2016  1189 posts Professional4X Dec 17 2019 at 22:43
Sign up bonuses are typically problematic. Often times there are additional trade rules applied to your account, and the profits from the bonuses are not always able to be withdrawn until you've made a considerable number of trades within a very limited time. And the fine print in the trading contract will typically have a clause which states they can remove the bonus at any time at their discretion without notice, or something very similar.

Brokers aren't stupid, they know inexperienced traders will probably act like it's free money, and then quickly blow their accounts. :)


Use effective risk management and invest wisely.

If it looks too good to be true, it's probably a scam! Let the buyer beware.

Member Since Feb 28, 2019  104 posts Nasrul (Nasrul_Swing) Dec 18 2019 at 04:49
My advice, do not take any bonus. Just deposit sum of money that you can afford and trade with wise money management.

Automated with Stop Loss.

Member Since Mar 18, 2019  50 posts Adam Cantor (AdamCantor) Dec 20 2019 at 14:13
Treeny posted:
Bonuses are a bad idea. Don't do it....

Speaking fromexperiecne of making huge losses, avoid deposit bonus brokers. its impossible to withdraw the profit in 99.9 percent of brokers cases


Member Since Dec 14, 2019  4 posts Michael989 Dec 24 2019 at 11:13
Bonuses are available only in certain countries (outside EU). There is a good reason why they are not available in the EU. If a broker offers a deposit bonus, it has to be turned over so many times that most people can't do it and when they ask for a withdrawal, the broker tells them that they can't withdraw any money.


Member Since Dec 18, 2019  38 posts ProfitableRisks (ProfitableRisks) Dec 25 2019 at 17:00
I personally hate or will not trade accounts with bonus.


Member Since Sep 03, 2018  19 posts TeraPips Dec 27 2019 at 08:06
Agree with all, I personally don’t take sign up bonus as it has lots of restrictions but I did try one offer called “Free Trades for 30 days” from turnkey forex. Saved all the commissions 1 month, tbh, I pushed more trades than expected in this period but it’s very good offer. It’s not for newbie nor for small traders since the minimum amount for this offer is $2500

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