Bonus and Brokers

May 24, 2019 at 09:22
4,734 Views
79 Replies
Member Since Apr 03, 2021   470 posts
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
Member Since 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
Member Since Nov 02, 2020   36 posts
Nov 20, 2021 at 08:13
Treeny posted:
Not found a decent bonus offer like ever.....
You gotta look deeper. Got two for myself...fxview with 100% deposit bonus and hotforex with 50% bonus.
Make sure you read their terms and conditions before you make a deposit.
Member Since Mar 17, 2021   536 posts
Nov 21, 2021 at 18:19
croisssan posted:
Nowadays, a lot of companies give bonuses. The question is different - not all companies can use a bonus right away ...
You can choose a good broker from this market.
Member Since Jan 22, 2021   125 posts
Nov 22, 2021 at 11:21
Tiffany07 posted:
Treeny posted:
Not found a decent bonus offer like ever.....
You gotta look deeper. Got two for myself...fxview with 100% deposit bonus and hotforex with 50% bonus.
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?
Member Since Nov 02, 2021   7 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
Member Since 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.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
Member Since May 27, 2021   57 posts
Nov 24, 2021 at 11:16
blackChelsea posted:
Tiffany07 posted:
Treeny posted:
Not found a decent bonus offer like ever.....
You gotta look deeper. Got two for myself...fxview with 100% deposit bonus and hotforex with 50% bonus.
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?
Yes residents from Italy can avail this benefit of 100% deposit bonus.
Member Since Jan 22, 2021   125 posts
Nov 26, 2021 at 08:02
CocoChannel posted:
blackChelsea posted:
Tiffany07 posted:
Treeny posted:
Not found a decent bonus offer like ever.....
You gotta look deeper. Got two for myself...fxview with 100% deposit bonus and hotforex with 50% bonus.
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?
Yes residents from Italy can avail this benefit of 100% deposit bonus.
Turns out I can. Had a nice chat with support. Thanks!
Member Since Aug 26, 2020   78 posts
Nov 29, 2021 at 13:07
It's very cool when bonuses are not just for beauty
Member Since Oct 20, 2018   300 posts
Nov 29, 2021 at 21:54
HansWerner posted:
i don't recommend to use bonus becasue many brokers can block withdrawal until u will not full their requirements
Finally someone with a clear mind. Absolut truth. And the withdraw block can be only the smallest problem.
momchil_slavov@
Member Since Oct 20, 2018   300 posts
Dec 12, 2021 at 10:46
croisssan posted:
Now many companies give bonuses, so there shouldn't be any problems.
Yes, shouldn't be any problems until you try to withdraw.
momchil_slavov@
Member Since Apr 03, 2021   470 posts
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.
Member Since 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.
Member Since Mar 17, 2022   47 posts
Dec 29, 2022 at 08:00
HeavLeighGill26 posted:
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.
Honestly, I would suggest the same as well to other traders. Don’t run behind bonuses and attractive offers that shout “free money” in other words. Stick to the basics. Choose a broker that offers tight spreads, lower fees, and accurate real-time forex data.
Member Since Aug 17, 2022   80 posts
Jan 30, 2023 at 12:18
Tried aaafx and xm deposit bonus (100% and 70% respectively) and both have good trading conditions. Plus they are regulated so my funds are in good hands.
Member Since Feb 25, 2019   10 posts
Jan 30, 2023 at 15:07
electrica333 posted:
Tried aaafx and xm deposit bonus (100% and 70% respectively) and both have good trading conditions. Plus they are regulated so my funds are in good hands.

Did you actually get the bonus? could you withdraw it?
Member Since Jun 26, 2020   327 posts
Mar 11, 2023 at 13:06
can you please make sure more about this ?
Member Since Aug 10, 2021   18 posts
Mar 14, 2023 at 20:11
The maximum bonus offered by brokers is 40%.
If you encounter more than this amount, I assume that you have encountered a scammer.
Member Since Aug 19, 2022   44 posts
Mar 23, 2023 at 17:19
I think the bonus program is really useful, but many experienced traders trade without it.
Make money with people who know how to make money.
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