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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?

1. Tier 1 requires a $500 deposit,
2. Tier 2 a $1,000 deposit, and
3. Tier 3 a $3,000 deposit or more.

To be eligible for the prizes, you must meet the deposit requirement.

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

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

In most cases, deposit bonus rewards traders with a temporary payout based on the trader's deposit amount.

The payouts usually vary from 30 to 50% of the deposit amount, but some brokers may go beyond that and offer up to a 100% bonus for deposit doubling campaigns.

The bonus can then be used to increase the client's trade size and potential profit.

Continue Reading at What Are the Most Popular Forex Bonus Promotions?