OnePro Bonus

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

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?

None at all. All welcome bonuses from the 5 brokers cannot be withdrawn immediately but must be used for trading first. It is the profits earned that can be withdrawn.

Continue Reading at USD30 Welcome Bonuses by Forex Brokers in 2023

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?