What are your thoughts on $5 No Deposit Bonuses?

Personally I think they are a joke and waste of time. I did come across more and more brokers who do offer them and was wondering what you guys think about them?

TheLastBear posted:
Personally I think they are a joke and waste of time. I did come across more and more brokers who do offer them and was wondering what you guys think about them?

Don't like it. Just a cheap gimmick to draw in newbies.

Yes, I agree.

Bears! Everywhere! Must get some bear away spray or something...

TheLastBear posted:
Personally I think they are a joke and waste of time. I did come across more and more brokers who do offer them and was wondering what you guys think about them?

I think it's good for everyone to practice on real acc condition in that broker (better than demo). Off course it will be waste of time if anyone start to thinking to grow that 5$ to 1 million. Broker give away this gift for that purpose, giving trader to try their service without having any risk.

one broker i am using giving me 1:1000 leverage with $5 bonus, we all try to make a profit

Mo

A broker who wants to attract new clients and wants them to try their service should at least credit their accounts with $25 or $50 so the trader has a chance to try their service.

Those little 'no deposit bonuses' provided by some brokers are pathetic attempts to attract some clients. Doesn't worth it.

MRodrigez posted:
Those little 'no deposit bonuses' provided by some brokers are pathetic attempts to attract some clients. Doesn't worth it.

Exactly. In some cases they even offer another bonus if you lose the previous one, just until you can make profit to convince you to deposit funds. This is what I call aggressive and misleading advertising.

No deposit bonuses are joke...

Its the name of the game..,..
Everyone trying to attract clients, some do, some don't

Mo