There are several types of bonuses available in the Forex market. These include regular customer bonuses, no deposit bonuses, and giveaways. In this article, we will go over the types of bonuses available to traders and which ones are the best. We’ll also take a look at a RaceOption giveaway and a giveaway from Plus500.
No Deposit Bonus
A no deposit forex bonus is a type of initial outlay given to traders to try out their trading skills. Once a trader makes a profit, they are able to withdraw the money and continue trading. However, they must first verify their identity. The process to claim a no deposit forex bonus will vary from broker to broker and campaign to campaign, so make sure you check all the requirements.
The no deposit bonus is usually a small amount, which is sufficient to begin trading. In time, if you are successful, you can add the funds or qualify for a new deposit bonus. This is the ideal way to test the waters of forex trading without risking any of your own money.
Regular Customer Bonus
Forex brokers offer different types of customer bonuses. These are often used to increase the balance of a forex trader’s account. Regardless of which bonus you choose, it’s important to choose the best one for your needs. You should read reviews and check the dos and don’ts of each broker before deciding to sign up with them. You should also check the broker’s track record and ensure that it is a reputable company.
The best way to determine which is the latest forex welcome bonus is right for you is to compare it with your trading strategy. You should also check the bonus terms and conditions and make sure that you can actually cash out your winnings. While a big bonus is tempting, it is not always feasible for the average trader to clear it. Moreover, bonuses can be cancelled because of missed forecasts or deadlines. For this reason, it’s recommended to choose a smaller bonus to avoid wasting your time. Furthermore, bonuses are only available to new clients and are usually limited in duration. The Raceoption bonus also includes four free video training lessons and a +20% welcome bonus on your first deposit.
Traders can also benefit from RaceOption’s comprehensive rewards program. Those who refer friends to the site can get an additional 20% bonus on their referrals’ deposits. They can also participate in raffles to win prizes ranging from iPads to iMac computers. They can also copy the trades of successful investors to earn extra cash.
New clients at Plus500 can receive a 30% bonus on their first deposit. This bonus is valid once per account and IP address. It can be withdrawn once the client reaches a certain trading volume. However, the bonus may be restricted or not available in your country. Plus500 reserves the right to amend the terms and conditions of the promotion.
Plus500 is a globally recognized financial brokerage, which is regulated to protect the investment of its traders. In addition, it has a global presence and caters to traders in over 180 countries. However, it is important to note that the company does not accept traders from the USA, Canada, Japan, or countries on the UN sanctions list. The size of the reward depends on the broker. Some offer up to $2000 in free money, while others limit the amount. Some offer much bigger rewards for larger deposits.
One of the most attractive features of RoboForex is its welcome bonus for traders. The bonus is not available on all accounts. You can only claim it when you verify your address and identity. Once verified, you can use the bonus to increase your position size. However, it is important to note that this bonus cannot be withdrawn during a drawdown.
You must be at least 18 years old to claim RoboForex’s welcome bonus. In addition to this, you’ll have to verify your e-mail and phone number to withdraw the bonus. If you’re a beginner to forex trading, RoboForex’s welcome bonus is worth considering. You can withdraw the bonus when you reach certain trading volume requirements.