What is a Forex Trading Bonus? Useful Guide
Nowadays, traders can find numerous forex brokers with bonus and promotions . But what exactly is a forex bonus? It is an award given to clients by brokerages to thank them for choosing their company. It can also be described as a unique promotion that helps clients familiarise themselves with the company’s services and offering. It is also used to catch clients’ attention, boost their trading journey and attract new deposits. These bonuses and promotions differ from broker to broker and usually last for a short period of time. There are also some specific requirements that need to be met. Below are some of the most common limitations and rules regarding a bonus: Limited period of time to use a bonus Minimum trading volume to meet No withdrawal of bonus High trading activity required Register with an online broker Upload documents to verify your profile Deposit a specific amount of money Deposit bonuses: How do they work? Trading brokers with bonus enable t...