Iomi Bonus

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?

A deposit bonus is much better because rebates are not of great use to traders. While rebates may look appealing, most times, they are merely proportional compensation for the expenses incurred when trading.

Usually, the size of a rebate tends to be small which means trading with a broker that provides rebates allows the trader to essentially save just a small part of his/her funds.

On the other hand, a deposit bonus provides a much more significant benefit with deposit bonus offers ranging from 10% to larger figures of up to 100%, although with deposit bonuses, traders also have to be careful because bigger is not always better.

Continue Reading at Rebate or Deposit Bonus, Which One is Better?

1. Welcome bonus
2. Deposit bonus
3. Rebate bonus

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

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