Interest Bonus Bonus
Which brokers offer the best forex welcome bonuses in 2023?
- XM: 100% welcome bonus and $30 no deposit bonus.
- Tickmill: $30 welcome bonus for traders registering in a special account.
- OANDA (BVI): Up to $5,000 welcome bonus.
- FP Markets: $30 welcome bonus for MT4 standard account.
Continue Reading at Top Forex Welcome Bonuses in 2023
When does the Fullerton $10,000 deposit bonus period expire?
The bonus period for this offer begins on August 26, 2022, and runs through until December 31, 2023.
Continue Reading at Accelerate Your Trade Up to $10,000 on Fullerton Markets
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
Why is a deposit bonus better than a rebate?
A deposit bonus is much better because rebates are not of great use to traders. While rebates may look appealing, most times, they are merely proportional compensation for the expenses incurred when trading.
Usually, the size of a rebate tends to be small which means trading with a broker that provides rebates allows the trader to essentially save just a small part of his/her funds.
On the other hand, a deposit bonus provides a much more significant benefit with deposit bonus offers ranging from 10% to larger figures of up to 100%, although with deposit bonuses, traders also have to be careful because bigger is not always better.
Continue Reading at Rebate or Deposit Bonus, Which One is Better?