Bonus is not that much important however welcome bonus or no deposit bonus might be essential for new traders for their practice. Broker use this type of bonus to attract novice traders. When I started trading I also looked deposit bonus. But later I realized that deposit bonus is of no use.
Yeah, deposit bonuses are just clever scams imo. The terms and conditions are usually structured in a way that will make it near impossible to withdraw.
lurehuh posted: I tried using a bonus from one broker a couple of days back and it didn’t turn out to be good. So dropped the idea of taking bonus from anywhere
That’s what I am trying to say that you need a genuine broker to enjoy the bonuses. Some brokers don’t even provide the verified bonuses and some traders still rely on them. They even want to know about the ones who do this. Don’t take risks with your money or else you’ll lose it all. You can try bonuses from Turnkeyforex and XM and see if it's good for you.
Brokers should not be selected on the basis of the bonuses they offer but should be chosen on the basis of various parameters like commissions, spreads, trading platforms, minimum deposit and withdrawal speed.
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