what is forex: what is forex

what is forex

Forex Bonus & Bonus Categories

Most Forex brokers offer incentives for traders that are called Forex Bonuses. One of the most common type of a Forex Bonus is called a ‘Welcome Bonus’ and it is offered as a free gift for first-time deposits. Another type of bonus is the ‘Loyalty Bonus’ which is offered to existing customers in order to make an additional deposit. Finally, there is also a Forex Bonus which is called ‘No-Deposit Bonus’ and that is offered to not existing clients, just to open a real trading account without even deposit any funds.

Forex Bonuses are offered either as a fixed amount of money or as fixed percentage of the initial cash deposit, as it is presented in the following table

Table: Forex Bonuses

Welcome Bonus
   

Loyalty Bonus
   

No Deposit Bonus

$200-$10,000
   

-
   

$25-$50 (all Traders)

Or usually 10-50%
   

Usually 10%
   

Sometimes more but not for all traders

Before a trader opens a real trading account and take advantage of a Forex Bonus he must first read carefully and fully understand terms and conditions.


Forex Brokers & Bonuses

Here are some popular Forex Brokers and their Deposit Bonus Policy:


$25 No-Deposit Bonus For All Traders From +500

Some brokers in order to attract new traders offer them the chance to trade for real money without deposit any funds. +500 currently offer 25 EUR/USD just for opening a Demo Account and confirm your phone. After you can get instantly your bonus and start trading for real money. +500 offers leverage 1:50 that means that with the gift of $25 you can trade $1,250. Of course you will not make money with $25, but it is an excellent chance to see how things work and gain experience for free. +500 offers Forex Currencies, Stocks, Indices and Commodities all in the same place.

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