Same here, I would trade with a regulated broker that has tighter spreads and lower commission like FP Markets instead of a broker that says they offer good bonuses and later bombard us with criteria to meet the bonus offer.
Daniel993 posted: Same here, I would trade with a regulated broker that has tighter spreads and lower commission like FP Markets instead of a broker that says they offer good bonuses and later bombard us with criteria to meet the bonus offer.
A regulated broker is very important to survive in this risky market.
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.
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