Bonus and Brokers
Mitglied seit Jul 23, 2020
869 Posts
Feb 17, 2021 at 17:32
MuhamadRazak posted:Is it withdrawable? Most of the time, brokers offer non withdrawable fund.
Im trading with M4Markets right now because they offer a 50% credit bonus. So basically for every deposit I make they give me 50% so I can open bigger trades with less capital.
Mitglied seit Dec 05, 2020
81 Posts
Feb 18, 2021 at 10:27
Daniel993 posted:Have you personally had any experience of that sort ?
I prefer trading with a regulated broker that is reliable than trading with a broker that offers a bonus. Because brokers that offer bonus are most likely to be scammers that use bonuses as a trick to lure in traders.
Nov 16, 2021 at 10:56
I don't even give brokers who offer bouses a second look. They are not casinos so why are they acting like them? They encourage poor trading practice and prey on those with low capital and in desperate positions.
If you can't spot the liquidity then you are the liquidity.
Mitglied seit Aug 16, 2021
9 Posts
Nov 16, 2021 at 12:30
sebking1986 posted:
I don't even give brokers who offer bouses a second look. They are not casinos so why are they acting like them? They encourage poor trading practice and prey on those with low capital and in desperate positions.
Brokers offering bonuses are usually scammers. Do not be fooled into a quick bonus. Get a broker that is good for the long term with good spreads and regulation
HeavenLeighGill (HeavLeighGill26)
Mitglied seit Aug 05, 2021
401 Posts
Nov 16, 2021 at 14:52
I do think there are some good bonus offers out there, but it does make me suspicious, especially if the bonus seems to good to be true. You always have to read the terms and conditions carefully, as many bonuses have terms that make withdrawing your profits difficult, you typically need to trade a high lot size or something along those lines. It also seems like many beginners rush to sign up for the broker with the best bonus, but they often overlook other conditions that are unfavorable. What's a $30 bonus really worth if your broker charges $7 per withdrawal or more, high commission, and high spreads? It cancels it out and you wind up worse off, so always be sure to check these things out thoroughly.
Nov 16, 2021 at 21:57
Yes, sometimes brokers offer big bonus promotions for the free deposit or deposit bonuses, if traders are only tempted by the number, maybe they will want to try, but when understanding behind the bonus there are certain rules that are likely hard to fulfilled maybe they will turn back and go away from the bonus, it's always good to check term and condition before taking a bonus promotion
Mitglied seit Jul 20, 2020
399 Posts
Nov 17, 2021 at 08:19
I would stay away from bonus brokers personally, your capital gets tied up in the bonus and you have wagering requirements before the bonus is released and all this time you could be using your own capital to make money
Nov 20, 2021 at 08:13
Treeny posted:You gotta look deeper. Got two for myself...fxview with 100% deposit bonus and hotforex with 50% bonus.
Not found a decent bonus offer like ever.....
Make sure you read their terms and conditions before you make a deposit.
Mitglied seit Mar 17, 2021
536 Posts
Nov 21, 2021 at 18:19
croisssan posted:You can choose a good broker from this market.
Nowadays, a lot of companies give bonuses. The question is different - not all companies can use a bonus right away ...
Chelsea Blacks (blackChelsea)
Mitglied seit Jan 22, 2021
125 Posts
Nov 22, 2021 at 11:21
Tiffany07 posted:Treeny posted:You gotta look deeper. Got two for myself...fxview with 100% deposit bonus and hotforex with 50% bonus.
Not found a decent bonus offer like ever.....
Make sure you read their terms and conditions before you make a deposit.
Even I am trading with the fxview but didn't know about their 100% deposit bonus feature. I am from Italy. Am I eligible for this?
Mitglied seit Nov 02, 2021
4 Posts
Nov 22, 2021 at 12:52
i don't recommend to use bonus becasue many brokers can block withdrawal until u will not full their requirements
Midday Forex (cgasucks)
Mitglied seit Jan 26, 2013
73 Posts
Nov 22, 2021 at 18:26
When Binary Options were popular a few years ago, brokers offer deposit bonuses of up 100% but came with a lot of strings making withdrawals virtually impossible.
In general, don't get suckered in to these offers. Even better go with an established broker that doesn't offer these gimmicky bonuses.
In general, don't get suckered in to these offers. Even better go with an established broker that doesn't offer these gimmicky bonuses.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
Mitglied seit May 27, 2021
57 Posts
Nov 24, 2021 at 11:16
blackChelsea posted:Yes residents from Italy can avail this benefit of 100% deposit bonus.Tiffany07 posted:Treeny posted:You gotta look deeper. Got two for myself...fxview with 100% deposit bonus and hotforex with 50% bonus.
Not found a decent bonus offer like ever.....
Make sure you read their terms and conditions before you make a deposit.
Even I am trading with the fxview but didn't know about their 100% deposit bonus feature. I am from Italy. Am I eligible for this?
Chelsea Blacks (blackChelsea)
Mitglied seit Jan 22, 2021
125 Posts
Nov 26, 2021 at 08:02
CocoChannel posted:Turns out I can. Had a nice chat with support. Thanks!blackChelsea posted:Yes residents from Italy can avail this benefit of 100% deposit bonus.Tiffany07 posted:Treeny posted:You gotta look deeper. Got two for myself...fxview with 100% deposit bonus and hotforex with 50% bonus.
Not found a decent bonus offer like ever.....
Make sure you read their terms and conditions before you make a deposit.
Even I am trading with the fxview but didn't know about their 100% deposit bonus feature. I am from Italy. Am I eligible for this?
Nov 29, 2021 at 21:54
HansWerner posted:Finally someone with a clear mind. Absolut truth. And the withdraw block can be only the smallest problem.
i don't recommend to use bonus becasue many brokers can block withdrawal until u will not full their requirements
momchil_slavov@
Dec 12, 2021 at 22:57
Bonus they have certain rules as a restriction, sometimes broker offer a big bonus but actually useless because cant withdraw profit bonus
like as giving small fish to get big fish, if want trade use bonus, looking broker that offers a bonus but easy rules to withdraw the bonus.
like as giving small fish to get big fish, if want trade use bonus, looking broker that offers a bonus but easy rules to withdraw the bonus.
HeavenLeighGill (HeavLeighGill26)
Mitglied seit Aug 05, 2021
401 Posts
Dec 16, 2022 at 21:59
AurelieFrancis posted:
I personally avoid trading with bonus brokers because I was previously scammed by a broker that offered a bonus.
Now I trade with a proper regulated broker, FP Markets, that offers no bonus but good trading conditions and a customer service team.
Sounds about right. I don't understand why people believe brokers would just give free money away without a catch. Especially these really large too good to be true sounding offers. I've read many reviews on FPA and other sites where traders don't understand why the broker won't process the withdrawal that includes profits made from a bonus. Honestly, you rarely win in the end and it's better to just choose a broker with lower fees that to have to worry about them making their 'bonus' money back.
