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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?
What's the difference between bonus and bonus profit?
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
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
Can the 100% Forex4you deposit bonus be withdrawn?
No. There are several conditions that you should meet. Those include:
- You need to trade for at least three months.
- You need to complete the trading volume requirement to withdraw the bonus.
- The higher the bonus percentage you get, the more you need to trade. Take this into consideration before withdrawing.
Continue Reading at Double Your Fund with Forex4you's 100% Deposit Bonus