AmegaFX Bonus
Bonus | Status | |
AmegaFX | Get Bonus Worth up to 150% of Your Deposit | active |
Which broker offers the largest forex welcome bonus?
Oanda. However, clients interested in this bonus will have to open an account and deposit between $1,000 and $50,000 to get access to a bonus ranging from $500 to $5,000.
Continue Reading at Top Forex Welcome Bonuses in 2023
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
The forex welcome bonus is a form of brokers' promotion that allocates a specific percentage of deposit increase whenever the clients initiate the first deposit on their trading account.
Continue Reading at Top Forex Welcome Bonuses in 2023
Does the risk of loss also increase when using a bonus in a leveraged account?
While you can increase the leverage as well as potential profit, you won't necessarily increase the risk of loss since the extra money is awarded to you by the broker.
Continue Reading at Should You Trade Bonus on a Leveraged Account?