profx Bonus
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Profx | Trade Risk-Free with $30 No Deposit Bonus! | active |
How to get the Forex4you $5,000 bonus?
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Apply for the promotion
- Make an Account
- Check Your Trading Account
- Visit the Promotional Link
- Use the Trade for Rewards Button
- Make the Necessary Deposit
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Claim the prizes
- Go to your trader room's "Trade for Rewards" widget. This widget allows you to access the prize claim process.
- You will see a list of eligible accounts if you meet the criteria and qualify for a prize. Choose the account where you want your prize to be deposited.
- After you've chosen an account, click the "Claim Prize" button to begin the prize claim process.
Continue Reading at USD5,000 Prizes for Nigerian Traders Available in Forex4you
Why do bonus withdrawal requirements sometimes not make sense?
Let's say you just signed up for a no deposit bonus program and got a $100 free capital. You then use it to trade and earn a $25 profit. What is the so-called bonus profit? The correct answer, of course, is $25.
If you want to draw the $100 bonus, there will be more requirements that are usually hard to comply with.
For example, to withdraw the bonus, you have to trade this lot before the bonus term ends:
(bonus amount) x 3 lots
So if the reward you get is $100, then you need to trade 300 lots!
Such a huge trading size is not ideal for retail traders aiming for trading with minimal risk. If you end up pushing yourself, more often than not you'll get a margin call first before hitting the 300 lots required.
Continue Reading at How to Avoid Bonus Withdrawal Problems
Why are trading contests better than broker bonuses?
Because, prizes obtained from a trading contest usually are easier to withdraw, so it's more reliable than other bonuses.
Continue Reading at How to Successfully Use a Forex Broker Bonus
Which broker offers the biggest no deposit bonus rewards?
Admiral Markets does, as it provides a 100% no deposit bonus.
Continue Reading at Forex Brokers with No Deposit Bonus