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Bonus and broker
Uczestnik z Aug 27, 2017
84 postów
Jan 01, 2021 at 15:58
Why not? So stupid to think that you should not do it. I have an account with Roboforex. They gave 60% bonus that can be used during drawdown. It only took me 1 year to fulfill the requirements and withdraw the profits. It's free money so why not take it? If you will not use the money and just let your account capital grow until you fulfill the requirements for the bonus, then go for it. It will also make you more disciplined since you are in it for the long term. FBS also has good 100% bonus. Though you cannot use it during drawdown, but the requirements are better. It's only 1/3 lots of bonus received like 1k lots for 3k dollars bonus.
Trading is a marathon, not a sprint.
Uczestnik z Aug 27, 2017
84 postów
Jan 09, 2021 at 17:16
Wow that's a big assumption. Do you mean that XM, the one that sponsored this site is a scam?
Trading is a marathon, not a sprint.
Feb 09, 2021 at 10:58
Well, I doubt if any good regulated broker provides a bonus and for me, regulation is what plays the most imp role. I’ve been trading with fxview, couldn’t avail a bonus but the trading conditions are good and regulations are strong, which is a priority.
Uczestnik z Aug 27, 2017
84 postów
Feb 09, 2021 at 13:27
Malajind posted:
Brokers who care about their reputation, respect their clients, always try to provide high-quality bonuses.
High quality bonuses? What separates these HQ bonuses from the low ones?
Trading is a marathon, not a sprint.
Uczestnik z Jan 13, 2021
50 postów
Feb 10, 2021 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.
Uczestnik z Dec 28, 2020
167 postów
Feb 15, 2021 at 08:05
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.
Feb 19, 2021 at 11:07
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.
Uczestnik z Aug 27, 2017
84 postów
Feb 19, 2021 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.
Feb 19, 2021 at 12:39
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.
Uczestnik z Aug 27, 2017
84 postów
Feb 23, 2021 at 10:48
bax699 posted:
Bonus brokers are a joke. They just create silly rules to keep you ploughing money into their system
I totally disagree. Look at XM. Their bonus allows you to use it as if it's your capital. It's a good bonus if you know what you are doing. Don't generalise because not all brokers are the same. On my personal note, FBS bonus is BS. You have to find the best ones. You have to understand how the bonuses works and how you can take advantage of it.
Trading is a marathon, not a sprint.
Uczestnik z Aug 09, 2017
598 postów
Mar 22, 2021 at 07:19
The regulated broker can be great to lead a secure and flexible trading life with certainly. But sometimes they don’t allow many kinds of trading techniques in particularly scalping that bring profit in a short time and this is a most usable trading policy in Fx trading.
Uczestnik z Oct 16, 2020
125 postów
Mar 30, 2021 at 11:04
GordonDenzil posted:"I prefer trading with a broker that doesn't offer any bonus because brokers that offer bonuses are either scammers or there is a catch towards it during later stages.
I trade with an ASIC broker FP Markets, that doesn't offer any such bonus but provides lower spreads and commission cost; I suggest trade with such brokers than brokers that offer bonuses."
True. There is always a hidden motive behind a bonus.
Uczestnik z Jul 23, 2020
696 postów
Aug 07, 2021 at 16:35
I don’t prefer bonuses. Those are kinds of leverage.
Uczestnik z Aug 05, 2021
394 postów
Aug 18, 2021 at 16:07
I’ve read so many complaints from people trying to withdraw the funds they made with bonus money. People don’t read the terms & conditions most of the time for these sorts of things so it seems like a really good offer at first but usually is a lot more difficult to withdraw and everything. I do think there are legit brokers with good bonuses out there, but always avoid the too good to be true schemes. Bonuses are also a distraction for crappy brokers so that you don’t notice that they have bad terms. It’s easy to say that you want to open an account with a broker that has a bonus but in the end you’d probably do better with a no bonus broker that has lower costs.
