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
No Deposit Bonus
$25-$50 (all Traders)
Or usually 10-50%
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 & Welcome Bonus
Here are some popular Forex Brokers and their Deposit Bonus Policy:
$25 No-Deposit Bonus 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.
$30 No-Deposit Bonus for all Traders from XM
XM offers a free deposit bonus of $30 for all new clients
Forex Trading Rebates
A Forex Bonus is a nice way to start trading Forex, for more advanced traders there are other incentives called Trading Rebates, here are some Forex Trading Rebates at Currencies Fx:
What is a Forex Bonus
What is an Economic Indicator
An Economic indicator is a micro or macro fundamental indicator which is used to highlight master economic trends.
What is Beige Book
The Beige Book is an economic report published by the US FED 8 times per year. It was formally called “Summary of Commentary on Current Economic Conditions”.
What is Car Sales Indicator
Car sales is an consumer demand indicator measuring the number of cars sold during a particular period.
What is CPI
CPI stands for consumer price index. CPI is the statistical measure of inflation and it is based upon the changes of prices of a specified goods and services.
What is Wholesale Trade Index
Wholesale Trade Index is a macro-economic index which measures changes in wholesale sales.
What is Housing Starts and Permits
It is a macro economic index measures the number of houses under construction plus the number of construction permits.
Other Types of Indicators
What is a Forex Technical Analysis Indicator
A Forex Indicator It is tool of technical analysis which helps Forex traders to predict future currency movements and indicate oversold/ overbought levels.
What is ADX (Average Directional Index)
ADX is a technical analysis indicator measuring the strength of a trend.
What is CCI (Commodity Channel Index)
CCI is a cyclical technical indicator identifying when a market is overbought / oversold.
Find all important » Forex Technical Analysis Indicators at EliteMarkets.com
What is an Economic Indicator