FirewoodFX 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

None at all. All welcome bonuses from the 5 brokers cannot be withdrawn immediately but must be used for trading first. It is the profits earned that can be withdrawn.

Continue Reading at USD30 Welcome Bonuses by Forex Brokers in 2023

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

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