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What are the types of forex brokers' bonus?
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Forex Deposit Bonus
A forex deposit bonus is closely related to the deposit you make. Normally, you need to make a deposit on the website of your chosen broker. -
Forex No Deposit Bonus
Forex no deposit bonus can be a solution if you don't want to risk too much money for trading. In short, you will be given money by your broker to make your first trade. -
Welcome Forex Bonus
This type of bonus is dedicated to new clients, therefore you can't get this promo if you're a regular client. -
Special VIP and Regular Customer Bonus
Usually, brokers will reward their loyal clients with bonuses, as well as their VIP clients. Normally you need to stay active on the broker for some time to claim the bonus. -
Pending Forex Bonus
Just like the name suggests, you can't use this bonus immediately after you receive it. However, you can claim it once you do a particular action on your broker's platform. -
Forex Reload Bonus
This bonus is dedicated to regular clients. Usually, the broker will give you the bonus on the second deposit and after.
Continue Reading at What You Need to Do in Choosing the Best Forex Bonus
How much is the bonus from Forex4you?
The promotion consists of three prize tiers based on deposit amounts and trading volume.
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- Tier 1 requires a deposit range of $500 to $999 and offers a prize of $30 for trading 10 lots.
- Tier 2 necessitates a deposit of $1,000 to $2,999 and rewards traders with $75 for trading 25 lots.
- Tier 3 designed for deposits of $3,000 $or more, provides a $150 prize for trading 50 lots. These tiered prizes ensure traders can win based on their trading capabilities and deposit amounts.
Continue Reading at USD5,000 Prizes for Nigerian Traders Available in Forex4you
How to claim the Forex4you $12,000 bonus?
To claim the prize, you should follow these easy steps:
- Click the "Trade for Rewards" widget in your Trader Room
- Choose an account to claim your prize
- Click the "Claim Prize" button after making your choice
Keep in mind that you can only claim the prize after the promotion ends, starting from the 1st of July at 00:00 server time to the 7th of July 2023 at 23:59 server time or until all prizes are fully claimed.
Continue Reading at Claim $12,000 Worth of Rewards from Forex4you India
Is a bigger deposit bonus better for traders?
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