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Bonus and Brokers

TradeHut
Feb 11 2021 at 12:32
31帖子
desertdye posted:
You can always try a micro or demo account with a broker to see how their platform works and what services they’re offering.
Yeah, a demo account is a beneficial way to know about the trading platform as well as it also helps in making you familiar about the market.

Daniel993
Feb 12 2021 at 14:15
48帖子
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.
MuhamadRazak
Feb 12 2021 at 14:46
2帖子
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.
vontogr (togr)
Feb 12 2021 at 14:50
4862帖子
MuhamadRazak posted:
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.
You cant
As at the moment you would need bonus to cover the DD it will be cancelled
The stop-out level is the amount of the bonus and the account equity cannot go under the
bonus awarded initially. For example, if your initial deposit was $1,000 and the bonus awarded
was $500, raising your account equity to $1,500, the stop-out level will be $500 if you lose.
Therefore, you will reach the initial bonus which had been credited to your account and the
bonus will be automatically removed from your account
Moreover it does not work on mt4 nor for Europe nor for China
The Promotion’s conditions:
1. Only applicable to verified clients of M4Markets trading on the MT5 trading platform.
2. Clients from China and Europe are excluded from this promotion.

It is actually good thing to read terms...
Bradley88
Feb 17 2021 at 14:10
45帖子
'I consider trading with brokers that do not offer any bonuses because i find those brokers that offer bonuses are most likely to be scammers that use bonus as a method to lure in traders.

 I trade with FP Markets an ASIC regulated broker that is reliable because it has been active for over 15 years and has some of the lowest spreads and commission cost.'
LyudmilLukanov
Feb 17 2021 at 17:32
819帖子
MuhamadRazak posted:
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.
Is it withdrawable? Most of the time, brokers offer non withdrawable fund.
Jude_craig
Feb 18 2021 at 10:27
81帖子
Daniel993 posted:
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.
Have you personally had any experience of that sort ?
RobSchiz
Nov 07 2021 at 19:22
567帖子
Bradley88 posted:
'I consider trading with brokers that do not offer any bonuses because i find those brokers that offer bonuses are most likely to be scammers that use bonus as a method to lure in traders.

 I trade with FP Markets an ASIC regulated broker that is reliable because it has been active for over 15 years and has some of the lowest spreads and commission cost.'
Is it reliable?
GordonDenzil
Nov 16 2021 at 09:30
53帖子
I prefer trading with brokers that do not have any bonus offers because brokers that offer bonuses are scammers or market makers.

The best choice of brokers to trade would be properly regulated brokers with minimum opening balance and good customer services.
Seb King (sebking1986)
Nov 16 2021 at 10:56
502帖子
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.
aromaticcricket
Nov 16 2021 at 12:30
9帖子
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
Imamul
Nov 16 2021 at 12:49
716帖子
most of the bonus cannot be used in a proper way due to so many restrictions , so we the traders should choose the broker which allows usable bonus with low restrictions.
HeavenLeighGill (HeavLeighGill26)
Nov 16 2021 at 14:52
328帖子
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.
Treeny
Nov 16 2021 at 16:05
213帖子
Not found a decent bonus offer like ever.....
Suradi (FXOday)
Nov 16 2021 at 21:57
357帖子
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
CraigMcG2020
Nov 17 2021 at 08:19
385帖子
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
croisssan
Nov 17 2021 at 14:11
939帖子
Nowadays, a lot of companies give bonuses. The question is different - not all companies can use a bonus right away ...
GraceGilm
Nov 17 2021 at 15:14
154帖子
CraigMcG2020 posted:
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
here I didn't understand a little why you need to stay away from bonuses, because you don't owe anyone anything for this, and if the broker is adequate, then the bonuses will be useful
Tiffany07
Nov 20 2021 at 08:13
36帖子
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.
Davidfx89
Nov 21 2021 at 13:31
161帖子
the bonus we get from brokers actually cannot be used due to so many restrictions . so we the traders have to choose the right broker which is mostly friendly.
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