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How do I research broker bonuses?
Try to find reviews about your broker and their bonuses to get a better understanding of what you are getting into. Look for the good and the bad, the do's and the don'ts, etc.
Don't be hasty and try to surf the internet for a while and come back when you have a better idea. Looking at the track records of your broker is recommended, make sure they are regulated and not a scammer.
Continue Reading at What You Need to Do in Choosing the Best Forex Bonus
What are the benefits of loyalty program for brokers?
Loyalty programs can keep traders staying and actively trading with their broker. Basically, the broker will give their clients rewards in many forms based on the points they accumulated through trading.
Some of the popular methods are cash rewards, gifts, lower spreads, bonuses, commissions, and many more. The idea is to keep the trader satisfied and continue to invest their money in the broker.
Continue Reading at Trade Now and Get Rewards from TMGM Loyalty Program
How much leverage does forex broker usually offer?
Regulated brokers typically offer leverage in the range of 1:50 to 1:200, depending on the specific broker and the region.
Continue Reading at Trading Without Leverage, Is It Possible?
How do brokers get their income?
There are various ways a broker can get their money. Here are some of them.
- Spread
- Trading against the client
- Commissions
Continue Reading at Trading Commission Based on Forex Broker Types