Bonus and Brokers
May 24, 2019 at 09:22
In Fx trading the bonuses we get from our trading brokers practically cannot use in a proper way due to many restrictions. So, we have to choose the regulated trading broker, otherwise it is useless to have 100-200% bonuses which cannot use in a proper way due to many restrictions.
Membro Desde May 24, 2019
10 posts
May 26, 2019 at 06:48
Try demo first then small account. Best way I think. Even after using broker for few months on small account do not rush in with huge money. Some broker will let you have small wins but not big ones
Membro Desde Jan 23, 2018
43 posts
May 27, 2019 at 06:31
Bonus is a double edge sword. it serve as a leverage. However, it does not protect your account when draw down or margin call happens. If you have a 1:1000 leverage micro account, with 100% bonus. you are actually having 1:2000 account theoretically.
You certainly can withdraw those bonus if you met the criteria stated in the term and condition. The broker that i am dealing with, allow you to withdraw your bonus for USD100, you required to perform 50 lot of round trades. it is not impossible to withdraw the bonus, but extremely hard. Broker wanted to cover the bonus offered to you from the spread or commission charged from you.
Trader should have an individual spreadsheet to record trades that exclude bonus, in order to monitor the actual draw down and manage risk accordingly. However if traders having misconception and assume the bonus is already their money in trading account, that is when the danger come into picture.
You certainly can withdraw those bonus if you met the criteria stated in the term and condition. The broker that i am dealing with, allow you to withdraw your bonus for USD100, you required to perform 50 lot of round trades. it is not impossible to withdraw the bonus, but extremely hard. Broker wanted to cover the bonus offered to you from the spread or commission charged from you.
Trader should have an individual spreadsheet to record trades that exclude bonus, in order to monitor the actual draw down and manage risk accordingly. However if traders having misconception and assume the bonus is already their money in trading account, that is when the danger come into picture.
I try not to burn my account
May 27, 2019 at 07:58
ManUnitedBest posted:Agreed, demo and small account is a must if you are a beginner. you get to know, what the broker is offering and whether they are worthy of big amount or not.
Try demo first then small account. Best way I think. Even after using broker for few months on small account do not rush in with huge money. Some broker will let you have small wins but not big ones
May 27, 2019 at 11:48
Diego99 posted:ManUnitedBest posted:Agreed, demo and small account is a must if you are a beginner. you get to know, what the broker is offering and whether they are worthy of big amount or not.
Try demo first then small account. Best way I think. Even after using broker for few months on small account do not rush in with huge money. Some broker will let you have small wins but not big ones
Sometimes, it helps! But I see, there have so many threads on against this service; I mean few brokers are providing different service and demo as well as in real account!
May 28, 2019 at 11:46
AmDiab posted:really? i haven't came across any yet. will look out in future. thanks for the heads up.Diego99 posted:ManUnitedBest posted:Agreed, demo and small account is a must if you are a beginner. you get to know, what the broker is offering and whether they are worthy of big amount or not.
Try demo first then small account. Best way I think. Even after using broker for few months on small account do not rush in with huge money. Some broker will let you have small wins but not big ones
Sometimes, it helps! But I see, there have so many threads on against this service; I mean few brokers are providing different service and demo as well as in real account!
Jun 02, 2019 at 07:26
AmDiab posted:forex1999 posted:
In Europe, brokers are forbidden to offer bonuses, but under Australia not:)
Hi; do you like to use bonus from a broker? I see, good brokers don’t offer the bonus feature! Basically, market makers broker do so.
I beg to disagree, I have been trading with turnkey forex, they are true ECN broker and offering 100% deposit bonus plus if you deposit more than $2500, you get 30days of commission free trading.
forex_trader_275100
Membro Desde Sep 17, 2015
126 posts
Jun 10, 2019 at 15:29
bonuses from devil - never take it.
Jun 20, 2019 at 11:19
is it possible that a forex broker is giving rebates to their clientele ? if there be any lack of confidence as the agent giving out rebates ? there shouldn't be any miss judges about agent lending rebates/ cash back to their client from a specific ECN brokers . ECN brokers gain revenues through their cost spread from their client .
https://invstoc.com/brokers
https://invstoc.com/brokers
Membro Desde Dec 18, 2018
47 posts
Jun 21, 2019 at 10:53
Forex bonus is interesting things! Newbie want it first! If you look some [url=https://www.forexvolumes.com/forex-no-deposit-bonus]free forex bonus[/url] you will see, how much interest that they offer like $500 $1000 even $1500!!! But the bonus is not always bad! Cause it also helps novice to entire live trading market. The beginners should understand live trading and test their strategy. So you don't avoid it completely.
Jun 23, 2019 at 06:09
forex1999 posted:
In Europe, brokers are forbidden to offer bonuses, but under Australia not:)
Yes, it is! Even, as you know high leverage isn’t available right now! Maybe it’s tough situation of the retail traders but overall; it’s good because of fair trading environment.
Membro Desde Jan 12, 2020
17 posts
Apr 23, 2020 at 18:28
Yes, from my experience when someone offering me a bonus I am always simply refuse, I have experienced these in traffic companies, I mean internet marketing, it's a cool sign that their traffic is complete shit, probably it's sort of a sign for broker as well.
