Demo Account Guide
Demo Account Guide

Plus500 Bonus

Bonus Status
S$888 Deposit Bonus, T&Cs Apply active

Additional FAQ

Knowing your needs and trading style is the first step of choosing the best forex bonus from your broker. Every bonus has its own advantage and disadvantage to brings you profit

Continue Reading at What You Need to Do in Choosing the Best Forex Bonus

  • Forex Deposit Bonus
    A forex deposit bonus is closely related to the deposit you make. Normally, you need to make a deposit on the website of your chosen broker. 

  • Forex No Deposit Bonus
    Forex no deposit bonus can be a solution if you don't want to risk too much money for trading. In short, you will be given money by your broker to make your first trade.

  • Welcome Forex Bonus
    This type of bonus is dedicated to new clients, therefore you can't get this promo if you're a regular client. 

  • Special VIP and Regular Customer Bonus
    Usually, brokers will reward their loyal clients with bonuses, as well as their VIP clients. Normally you need to stay active on the broker for some time to claim the bonus. 

  • Pending Forex Bonus
    Just like the name suggests, you can't use this bonus immediately after you receive it. However, you can claim it once you do a particular action on your broker's platform

  • Forex Reload Bonus
    This bonus is dedicated to regular clients. Usually, the broker will give you the bonus on the second deposit and after. 

Continue Reading at What You Need to Do in Choosing the Best Forex Bonus

If the rules don't match your trading plan, then don't sweat it and move on. There's no use in chasing those bonuses while you sacrifice your well-thought strategy. You may end up trading uncomfortably or even more likely to get losses.

Continue Reading at How to Successfully Use a Forex Broker 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