Forex Bonus & Bonus Categories
Forex brokers offer deposit bonuses to traders as an incentive to open a new account. One of the most common types 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 a 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 |
- |
$5-$50 (all Traders) |
|
Or usually 10-100% |
Usually 10% |
Sometimes more but not for all traders |
Before a trader opens a real trading account and takes advantage of a Forex Bonus he must first read carefully and fully understand terms and conditions.
Cash and Credit Deposit Bonuses
There are (i) cash, and (ii) credit bonuses. Wise traders focus exclusively on cash bonuses.
This is the bonus you get when opening a new account. Here are some popular Forex Brokers and their Deposit Bonus Policy:
- LQDFX 100% BONUS: » More about the LQDFX 100% Welcome Bonus
- FXCC Deposit Bonus: » FXCC Website
No-Deposit Forex Bonus
A No-Deposit Forex Bonus is the best way to test your skills in the Foreign Exchange Market. This is because you don't have to make a deposit and you trade risk-free.
» IronFx $35 No-Deposit Forex Bonus
» FXOpen $10 No-Deposit Forex Bonus
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:
» Popular Forex Rebates at Forex-Rebates.com
COMPARE: » Forex Brokers Online | » Compare Forex Bonus
Read More: » What is a Forex Account | » What are Forex Signals | » What is ECN Forex Trading | » Forex Trading Orders | » What is Forex Scalping
◘ What-is-Forex.com
What is a Forex Bonus
