Octa Bonus
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Get 50% Initial Deposit Bonus | expired |
Why do bonus brokers become hidden fees unnoticed by traders?
- Normally, a trader has to trade with a certain number of volumes before withdrawing the profits derived from the no deposit bonus.
- A welcome bonus requires a deposit from a trader for getting this bonus.
- The deposit match bonus typically has a minimum deposit requirement, a maximum limit, and the broker matches a trader's deposit at a preset percentage, typically ranging from 30% to 300%.
Bonus schemes from forex brokers have some requirements regarding how much your initial deposit should be or how much you need to trade if you intend to withdraw profits. The requirements may be okay for some traders, but some others may see them as a source of frustration.
Continue Reading at Exposing Forex Broker Secrets
What should be considered when choosing bonus options?
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?
What types of bonuses are offered by forex brokers?
- Welcome bonus: a reward to greet new clients for their initial account opening
- No deposit bonus: gives you the opportunity to trade without depositing any money
- Deposit bonus: a forex bonus that applies to every deposit, thus benefiting all clients; both new and recurring.
Continue Reading at Forex Deposit Bonus: 5 Things Every Trader Should Know
Why are trading contests better than broker bonuses?
Because it is held as a competition, prizes can only be awarded to winners who are entitled to receive them. And to appreciate the winners' effort, brokers put little to no restrictions when it comes to the rewards' claiming.
Furthermore, you can get invaluable trading skills and experience from competing with other traders.
Continue Reading at How to Avoid Bonus Withdrawal Problems