Forex bonuses
by Peng D. ManagerForex bonuses
In order to attract potential clients to the company, Forex brokers provide different trading promotions such as Forex bonuses. Bonuses are very popular among traders because they help to earn extra profits and some of them even give an opportunity to earn money without any investments. All the Forex bonuses can be divided into groups: welcome bonuses, deposit bonuses and no deposit bonuses. So let's review each group separately.
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Welcome bonus is a bonus which a trader can get when he starts working
with the certain company on the currency market. This bonus is given for
opening the trading account with the Forex broker. The conditions under
which the welcome bonus can be used depends on the broker. Some Forex
companies offer the deposit welcome bonus which is given for the first
deposit of the trading account. Others give the no deposit welcome
bonus. This means that the trader should not deposit his account in
order to get the bonus. The undeniable advantage of this bonus group
especially for newbies is that it gives traders the experience which
they can use in the future trades.
Now let's speak about the most popular and even the best bonuses from the traders' point of view – no deposit bonuses. This type of bonuses is also dubbed as “free bonus without deposit” among traders. It is evident from the name that it is not required to fund the trading account in order to get the non deposit bonus. Some Forex brokers provide the no deposit bonus which can be withdrawn and some offer to use this bonus only as the additional margin for trading. Anyway this bonus group is still the most attractive for traders because it gives an opportunity to earn without any investments.
As you see the Forex market is full of various bonus promotions and every trader can choose one of them for himself. Each type of the bonuses described here works under some specific conditions and has its own features. The Forex trading has become more attainable and more alluring for recruits with the evolution of bonus offers. But in order to become a profitable trader you should remember that bonuses are only the addition for Forex trading and you are not able to reach success if you stop on them.
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Created on Dec 31st 1969 18:00. Viewed 0 times.