Bonus and broker
Bonuses are always nice to receive, but the main thing is that the broker is responsible, does not give the opportunity to really use them.
dutchy1986
Member Since Jan 13, 2021
19 posts
Feb 10 at 20:39
Bonuses are the same whether it’s a casino or forex, the rate you can be profitable from them. Much better finding a solid broker that meets the criteria you require and earn your money through your trading skills.
First of all regulated brokers don’t give any bonus, and if a broker is ready to give you a bonus it means they are tempting you,at the same time they will put a lot of withdrawal restrictions too.
dutchy1986 posted:
Bonuses are the same whether it’s a casino or forex, the rate you can be profitable from them. Much better finding a solid broker that meets the criteria you require and earn your money through your trading skills.
That’s exactly what I tell people. One of the major benefits any trader can get by working with reliable brokers is getting access to credible, effective, and legitimate trading platforms. One wrong move and your account starts bleeding.
Christian Paul
(8christianpaul8)
Member Since Aug 27, 2017
83 posts
Feb 19 at 12:29
Another way to look at it is this. The bonus will help you reach your goal sooner if you already have a profitable strategy. As as example, XM offers 100% bonus up to 500 dollars that you can use for trading but the bonus will be removed if you withdraw some funds. Making profits of let's say 10% on 1000 is definitely bigger than 500.
Trading is a marathon, not a sprint.
I prefer trading with a broker with no bonus offer because brokers who offer bonuses are most likely scammers or unregulated.
I am currently trading with a reputable broker, FP Markets, that offer lower spreads and fast speed execution.
I am currently trading with a reputable broker, FP Markets, that offer lower spreads and fast speed execution.
Mathewshayden
Member Since Oct 23, 2020
40 posts
Feb 19 at 13:01
lauranutt posted:dutchy1986 posted:
Bonuses are the same whether it’s a casino or forex, the rate you can be profitable from them. Much better finding a solid broker that meets the criteria you require and earn your money through your trading skills.
That’s exactly what I tell people. One of the major benefits any trader can get by working with reliable brokers is getting access to credible, effective, and legitimate trading platforms. One wrong move and your account starts bleeding.
Easier said than done mate. I’ve been struggling for months to lay hands on a good trading platform but to no avail. Any pointers to share?
Mathewshayden posted:lauranutt posted:dutchy1986 posted:
Bonuses are the same whether it’s a casino or forex, the rate you can be profitable from them. Much better finding a solid broker that meets the criteria you require and earn your money through your trading skills.
That’s exactly what I tell people. One of the major benefits any trader can get by working with reliable brokers is getting access to credible, effective, and legitimate trading platforms. One wrong move and your account starts bleeding.
Easier said than done mate. I’ve been struggling for months to lay hands on a good trading platform but to no avail. Any pointers to share?
Hence proved! Your dilemma means nothing else but your encounter with unreliable brokers. Long story short, when working with a broker and his platform, see whether the Forex quotes given are accurate and the user interface is easy to navigate. Did you try fxview or avatrade? The platforms these guys offer are good. Suited me but then your strategy can be different.
Also check-out whether the platforms carry technical and charting tools for analyzing the key data, and a newsfeed so that you know what’s happening in the market. Guess I covered up pretty much everything.