fxplayer Bonus

The promotion consists of three prize tiers based on deposit amounts and trading volume.

1. 1. Tier 1 requires a deposit range of $500 to $999 and offers a prize of $30 for trading 10 lots.
   2. Tier 2 necessitates a deposit of $1,000 to $2,999 and rewards traders with $75 for trading 25 lots.
   3. Tier 3 designed for deposits of $3,000 $or more, provides a $150 prize for trading 50 lots. These tiered prizes ensure traders can win based on their trading capabilities and deposit amounts.

Continue Reading at USD5,000 Prizes for Nigerian Traders Available in Forex4you

A bonus is extra money that you may use to trade with, and a broker usually supplies it as an incentive to attract new clients. Meanwhile, bonus profit is the profit you make from trades using the bonus. That's why both have different terms when it comes to withdrawal.

Continue Reading at How to Avoid Bonus Withdrawal Problems

When choosing a bonus option for depositing funds, traders should focus more on the reliability of a broker and less on the size of the bonus.

Opening a forex trading account with a regulated broker that has a small percentage of deposit bonus is better than opening an account with an unregulated broker offering a large percentage of deposit bonuses.

Because it is highly likely the trader will experience problems when trying to utilize the bonus.

Continue Reading at Rebate or Deposit Bonus, Which One is Better?

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?