XChief Bonus
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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
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?
Which brokers offer the best forex welcome bonuses in 2023?
- XM: 100% welcome bonus and $30 no deposit bonus.
- Tickmill: $30 welcome bonus for traders registering in a special account.
- OANDA (BVI): Up to $5,000 welcome bonus.
- FP Markets: $30 welcome bonus for MT4 standard account.
Continue Reading at Top Forex Welcome Bonuses in 2023
What if the bonus requirements clash with my strategy?
If the rules don't match your trading plan, then don't sweat it and move on. There's no use in chasing those bonuses while you sacrifice your well-thought strategy. You may end up trading uncomfortably or even more likely to get losses.
Continue Reading at How to Successfully Use a Forex Broker Bonus