smart fx ecn Bonus

A no deposit bonus can be used as a starting point to build a promising trading profit. Furthermore, you can use this to test the effectiveness of a trading strategy.

Continue Reading at How to Maximize Your Forex No Deposit 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

To decide which is the right bonus for you, you need to follow these simple steps:

1. Know your needs and trading style
2. Read the rules carefully
3. Don't force yourself
4. Do your own research

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

Welcome bonus is a one-time offer that rewards traders for performing a specific action, like opening an account, making a deposit for the first time, or completing the KYC verification process.

Each broker may have different terms and reward amounts, but the main idea is to thank traders for choosing the broker's service and welcome them as new clients.

Continue Reading at What Are the Most Popular Forex Bonus Promotions?