Get a Bonus for Trading
Due to the increasing popularity of trading, there are a lot of brokers on the market. So, each of them tries to offer customers the most favorable terms of cooperation. Bonus no deposit Forex is one of the most effective attraction and encouragement methods.
A bonus for trading is a way to compensate a trader for choosing a particular broker. Once a person has opened an account with a Forex broker, they will trade currency pairs and incur the same costs as any other trader. A bonus is simply a way for a broker to reward a trader’s choice and return all or part of the trader’s costs once they have established themselves as an active trader.
Types of Trading Bonuses
Brokers are offered such bonus types as:
- Forex broker bonus without deposit
- Forex Rebates
- Forex deposit bonus
How Does No Deposit Bonus Work?
Forex bonus no deposit is provided to traders without any deposit required from their side. Typically, the size of such a bonus is small and varies from $5 to $50.
Brokers usually distribute such offers to motivate traders to make trades and learn how to trade more efficiently in the foreign exchange market.
How Does Forex Rebates Bonus Work?
Rebates bonus is the return of the commission or part of the spread to the trader’s account when a position is closed. In some cases, this is a fairly quick process. However, many brokers prefer to pay them once a month.
How Does Deposit Bonus Work?
It is probably the most beneficial bonus type today. The chosen broker offers you a bonus whose sum varies from 10% to 400% of your initial deposit. For example, one of the generous deposit bonuses, which contains 120% of the first investment, is offered by broker RoboForex. This bonus depends completely on your deposit. The larger the deposit amount, the more you get.