Broker Bonus: All the Forex Rewards You Can Get
Bonus from forex brokers can be beneficial as a way to earn extra cash, additional margin in trading, and other types of rewards. There are various types of forex bonuses available, but in general, all of them classify into these three categories: Welcome Bonus, Trading Bonus, and Deposit Bonus.
Welcome Bonus
Experience various benefits with brokers' welcome bonus promotion, which sometimes includes opportunity to win a scooter, 100% deposit or even $1,000 No Deposit Bonus like what InstaForex offered! New clients can take advantage of welcome bonus offers as a great way to try out a broker's service at a discounted rate or with added benefits.
Deposit Bonus
Boost your balance! Do you want to claim thousand dollar and add more money to fund your account? You can join the fun with brokers' deposit bonus! In this program, all you need to do is deposit to earn the bonus. Deposit more, and you'll get more money! As simple as that! Some brokers even offering deposit bonus up to 300% and $1000 in cash!
No Deposit Bonus
Do you want to trade for free and win real money? Then you can try no deposit bonus! As the best thing in life is free, you don't need to make any initial deposit. It's a type of welcome bonus that allows traders to start trading with real money and potentially make a profit without risking their own funds. There are FBS with its $140 No Deposit Bonus, ForexChief with $100 No Deposit Bonus, and many more brokers out there offering this promotion.
Trading Bonus
Now you can trade with more confidence, since many brokers have offered thousands and more than 50% bonus. In trader community, we sometime call this promotion as cashback or rebate, in which the more you trade, the more money you'll get. What are you waiting for? Let's maximize your potential by claim your trading bonus! Start trading today!
See Also: Forex Deposit Bonus: 5 Things Every Trader Should Know
It's crucial to read the bonus terms and conditions carefully before agreeing to them, as they may contain important information about the services or products you're using. If you have any doubts or concerns about the terms and conditions, you should ask your borker's customer support before signing up for a bonus promotion.
Bonus From Popular Brokers
Broker | Promotion | Action | ||
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Receive up to 40% of Additional Payouts from RoboForex VIP Program | ||||
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Others RoboForex Bonus | ||||
Claim 30% Bonus for VIP Account Holders | ||||
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Others AAFX Trading Bonus |
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 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
What are the types of forex brokers' bonus?
- 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
What are the benefits of getting a forex welcome bonus?
The welcome bonus comes with its advantages:
- It is a source of additional financing for traders, especially those who cannot afford a large deposit.
- The funds from the bonus can be used to cover slippage or losses that the trader may incur while trading.
Continue Reading at Top Forex Welcome Bonuses in 2023
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