Interest Bonus Bonus

A bonus is extra money that you may use to trade with, and a broker usually supplies it as an incentive to attract new clients. Meanwhile, bonus profit is the profit you make from trades using the bonus. That's why both have different terms when it comes to withdrawal.

Continue Reading at How to Avoid Bonus Withdrawal Problems

Welcome bonus is a one-time offer that rewards traders for performing a specific action, like opening an account, making a deposit for the first time, or completing the KYC verification process.

Each broker may have different terms and reward amounts, but the main idea is to thank traders for choosing the broker's service and welcome them as new clients.

Continue Reading at What Are the Most Popular Forex Bonus Promotions?

While you can increase the leverage as well as potential profit, you won't necessarily increase the risk of loss since the extra money is awarded to you by the broker.

Continue Reading at Should You Trade Bonus on a Leveraged Account?

The welcome bonus comes with its advantages:

• It is a source of additional financing for traders, especially those who cannot afford a large deposit.
• The funds from the bonus can be used to cover slippage or losses that the trader may incur while trading.

Continue Reading at Top Forex Welcome Bonuses in 2023