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Bonus and broker

Daniel993
Apr 01 at 13:28
posts 38
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.

RobSchiz
Jul 03 at 17:43
posts 465
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.

SofieAndreasen
Aug 07 at 16:35
posts 667
I don’t prefer bonuses. Those are kinds of leverage.

HeavenLeighGill (HeavLeighGill26)
Aug 18 at 16:07
posts 116
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.

LyudmilLukanov
Sep 08 at 22:16
posts 652
I don’t prefer a bonus. It is kind of useless.

SofieAndreasen
Sep 08 at 22:45
posts 667
Try to find out what can you do with those bonuses.

lucasser
Sep 09 at 13:06
posts 25
Can a beginner broker use a bonus broker for live trading at the initial stage?

CraigMcG2020
Sep 10 at 07:06
posts 164
LyudmilLukanov posted:
I don’t prefer a bonus. It is kind of useless.


It really is, it;s tied up in turnover requirements and it takes a very long time to actually get it out. Not worth it at all imo

Xazvier
Sep 10 at 09:11
posts 30
I avoid trading bonus offer brokers because of scams, and some brokers use it as a method to lure in new traders. I prefer trading with brokers like FP markets they do not offer any bonus.

The spreads in FP Markets are tighter, and the commission cost compared to other similar brokers are lower.

Pedro_Norton
Dec 02 at 15:07
posts 7
The vast majority of brokers offer bonus system, because it stimulates traders to deposit money. In my opinion, such system isn't perfect but it of course depends on the broker. Not every broker offers clear system of bonuses, because some brokers make it confusing in order to confuse traders.
Fortunately, there are not many brokers which offer such bonus system. The majority of them provides with clear system which really can be helpful sometimes. You have to learn the details of this system in order to understand how you can operate with it.

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