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Additional FAQ

  • 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

Try to find reviews about your broker and their bonuses to get a better understanding of what you are getting into. Look for the good and the bad, the do's and the don'ts, etc.

Don't be hasty and try to surf the internet for a while and come back when you have a better idea. Looking at the track records of your broker is recommended, make sure they are regulated and not a scammer.

Continue Reading at What You Need to Do in Choosing the Best Forex Bonus

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

It's because the rules are usually out of a small-cap trader's capacity and might increase your trading risk. If you are not careful, you might lose the profit you gain from the no deposit bonus.

Continue Reading at How to Maximize Your Forex No Deposit Bonus