Bonus is not that much important

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.

I'm sure that the bonus is more psychological support than financial 😁

It may not be that much important but atleast it is better than nothing at all.

Most of the broker offer non withdrawable bonus. It is kind of useless if you have big capital or use leverage.

Bonus is just a promotional propaganda according to me. Also can brokers who are tightly regulated can offer bonus?

bonus is a promotion.if you check leverage and bonus they will be the same.

Bonus is very important to boost up your confidence as a trader.

Yes, just confidence and please don't rely on bonus funds when trading, because it's not you last shelter but only delaying the inevitable.

GeorgeBischof posted:
Bonus is very important to boost up your confidence as a trader.

How does it boost your confidence?

I am not agree with you. Bonus is very important to increase the confidence.

I'm not in favor of taking bonuses. Because if they take a bonus, they have many terms and conditions which are very troublesome for trading.

EbonyJones posted:
I am not agree with you. Bonus is very important to increase the confidence.

How does it increase confidence? Is it withdrawable or non-withdrawable fund?

LeviSievwright5 posted:
I'm not in favor of taking bonuses. Because if they take a bonus, they have many terms and conditions which are very troublesome for trading.

sometimes there are perks which comes with bonus like no margin call and stop out at 70/50 . your position closes when you blow up the account

Bonus can act as a very good incentive for new as well as existing traders. It might even help in building confidence.

asidefellow posted:
Bonus can act as a very good incentive for new as well as existing traders. It might even help in building confidence.

Sure it can. but there are various types of bonuses available with the broker. one has to be wise in choosing them.

Why some traders prefer to trade with brokers that do not provide any bonus offers? And why do unregulated brokers offer the most bonuses?

Yeah, I don’t find it of any use either. It is just to attract clients and there is no logic behind them as such.

Many brokerage firms compete for business by offering new account bonuses. Bonus shouldn't be the only consideration, this is a marketing strategy to attract customers. Choose your broker carefully as per your requirement.

I agree with you that the bonus is not an initial fact on which you should pay when choosing a broker, but nevertheless it is very pleasant to receive good bonuses that you can use. And broker Amarkets has quite a few good offers.