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Is it possible using forex bonuses in leveraged account?
Using forex bonuses in a leveraged account is indeed possible.
Let's say you have $1,000 in your account balance. Since the maximum leverage is 1:100, then for every $1,000 in your account, you can trade up to $100,000 in value.
Now if you receive some bonus from your broker and end up increasing your balance to $2,000, then that means you will be allowed to open a position of up to $200,000 in size.
Continue Reading at Should You Trade Bonus on a Leveraged Account?
A forex deposit bonus is a bonus that is closely linked to the deposits made by a trader and it is available to all clients of the broker offering such a promotion.
Continue Reading at Rebate or Deposit Bonus, Which One is Better?
Is a bigger deposit bonus better for traders?
Not necessarily so.
Traders can be required to trade in a certain transaction size to withdraw some bonus funds or just to maintain their eligibility. The required trading volume is usually quite unreachable for beginners or short-term traders in general.
This condition is common to make sure that the broker still gets some benefits from the bonus program, as spreads and/or commissions from clients' transactions are their main sources of income.
Continue Reading at Forex Deposit Bonus: 5 Things Every Trader Should Know
Which brokers offer welcome bonuses that can be obtained without requiring a deposit?
All brokers, except RoboForex.
Continue Reading at USD30 Welcome Bonuses by Forex Brokers in 2023