RightFX Bonus
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RightFX | 50% Tradable Bonus | active |
The forex welcome bonus is a form of brokers' promotion that allocates a specific percentage of deposit increase whenever the clients initiate the first deposit on their trading account.
Continue Reading at Top Forex Welcome Bonuses in 2023
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
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
Why are trading contests better than broker bonuses?
Because, prizes obtained from a trading contest usually are easier to withdraw, so it's more reliable than other bonuses.
Continue Reading at How to Successfully Use a Forex Broker Bonus