IG Bonus
Bonus | Status | |
For Chinese Clients, $10K Withdrawable Rebate | expired |
What types of bonuses are offered by forex brokers?
- Welcome bonus
- Deposit bonus
- Rebate bonus
Continue Reading at What Are the Most Popular Forex Bonus Promotions?
Why is a deposit bonus better than a rebate?
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?
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?
In most cases, deposit bonus rewards traders with a temporary payout based on the trader's deposit amount.
The payouts usually vary from 30 to 50% of the deposit amount, but some brokers may go beyond that and offer up to a 100% bonus for deposit doubling campaigns.
The bonus can then be used to increase the client's trade size and potential profit.
Continue Reading at What Are the Most Popular Forex Bonus Promotions?