Forex bonuses are considered to be essential elements in the platform, which might lead traders to opt for brokers in the forex market. In general, brokers offer forex bonuses as a promotional way, which will attract traders’ attention. There is a fact that the number of traders has always been facing with some problems when it comes to forex bonuses. Most of them do not know how to choose suitable forex bonuses for them. Therefore, I write this article in order to help traders find the best forex brokers with bonus in 2019.
WHAT SHOULD TRADERS KNOW ABOUT A FX BROKER BONUS?
A forex broker’s bonus is regarded as a promotional program that helps brokers appeal to traders. In fact, it is easy for you to find those similar types of bonus programs on some online platforms such as gambling websites, sports, online shows and other programs. On the other hand, forex bonuses have some notable feature compared to other promotional programs. In general, a forex broker’s bonus can be given to customers in different forms such as gifts, special offers. It is a seasonal promotional schemes of forex trading company.
In fact, Forex bonuses are free-of-charged. However, traders need to conform to the terms and conditions connected to those bonuses. It is highly recommended that traders should read something about terms and conditions of forex bonuses before making their decisions. Brokers give their customers forex bonuses as a way of promote their company. They want traders to focus on their platforms. It is obvious that forex bonuses will be applied when traders belong to specific platforms or brokers. This means you are not allowed to have forex bonuses from brokers that you are not trading. In reality, brokers will give their customers specific conditions and they also want to offer as many special as possible.
On the other hand, they might limit the use of bonuses that their customers are using. As I already mentioned above, the ultimate goal of offering forex bonuses is to attract the attention of forex traders. Forex bonuses are key factors that FX trading companies use to make traders keep using their services.
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DIFFERENT TYPES OF FOREX BROKERS BONUSES
In terms of deposit bonus, traders have to make their first investment if they want to have this bonus. The bonus will be given to traders by different forms, ranging from cash to presents. In reality, deposit bonus is measured in %. For instance, the requirement of forex trading firm for minimum deposit is $100 and they will offer you 50% deposit bonus. When you make a deposit of $100, your account will have $50 as bonus. It means that the total amount of money you have is $150 in your account.
Unquestionably, brokers will take a careful action when it comes to forex bonus programs. For some brokers, they sometimes limit the bonus to the first deposit only. It should be noted that brokers have a tendency to restrict some types of bonuses that traders might choose. Traders, therefore, should be well aware of what type of bonus that brokers are offering and then go for suitable ones.
It is the fact that welcome bonus is given to traders when they first come to a forex broker. This bonus can be a deposit bonus or no deposit bonus, which will depend on the policies of forex brokers. Basically, this welcome bonus will be offered to traders only one time. It means that when traders make their first investment, they will have this bonus.
>> See more: THE BEST NO DEPOSIT BONUSES AROUND THE FOREX WORLD
Now you know what a forex bonus is, what to pay attention to, and how many types of bonus there are, so let’s me give you the 3 best forex brokers with bonus: Exness, XM, and FBS.
Synthesized by top4forexbrokers.net