iv markets Bonus

The Trading Reward Promotion has a time limit and will end on June 30, 2023.

Continue Reading at USD5,000 Prizes for Nigerian Traders Available in Forex4you

Using forex bonuses in a leveraged account is indeed possible.

Let's say you have $1,000 in your account balance. Since the maximum leverage is 1:100, then for every $1,000 in your account, you can trade up to $100,000 in value.

Now if you receive some bonus from your broker and end up increasing your balance to $2,000, then that means you will be allowed to open a position of up to $200,000 in size. 

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

Try to find reviews about your broker and their bonuses to get a better understanding of what you are getting into. Look for the good and the bad, the do's and the don'ts, etc.

Don't be hasty and try to surf the internet for a while and come back when you have a better idea. Looking at the track records of your broker is recommended, make sure they are regulated and not a scammer.

Continue Reading at What You Need to Do in Choosing the Best Forex Bonus

Not necessarily so.

Traders can be required to trade in a certain transaction size to withdraw some bonus funds or just to maintain their eligibility. The required trading volume is usually quite unreachable for beginners or short-term traders in general.

This condition is common to make sure that the broker still gets some benefits from the bonus program, as spreads and/or commissions from clients' transactions are their main sources of income. 

Continue Reading at Forex Deposit Bonus: 5 Things Every Trader Should Know