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Additional FAQ

A no deposit bonus can be used as a starting point to build a promising trading profit. Furthermore, you can use this to test the effectiveness of a trading strategy.

Continue Reading at How to Maximize Your Forex No Deposit Bonus

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?

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 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