BRKV - In forex market, there are a lot of traders who are looking for best forex bonuses in 2018. But, it is not easy for them to know how to choose brokers who are offering best forex bonuses. It is the main reason why I write this article with a view to allowing you to have a good insight into this matter. To be honest, before making decision, we should focus on some following aspects.

• Is it difficult for us to withdraw forex bonuses?

• Which are best forex brokers offering best forex bonuses?

• What are the drawbacks of each kind of forex bonuses?

• How many kinds of forex bonuses are there in forex market?

• It is good for us to choose good bonuses or low spread?

• What are the two common bonus cheating ways?

It is obvious that the number of traders who do not care much about forex bonuses because they might face some disadvantages. On the other hand, there are still the multitude of traders who are paying much attention to forex bonuses. One simple reason is that they can diminish their trading cost and trading margins. It motivates me to write this article in order to help you make a good decision before coming to brokers. CLICK HERE TO SEETOP FOREX BONUSES.

1. How many kinds of forex bonuses are there in this market?

In fact, we should know 3 types of forex bonuses which are Welcome bonuses, Deposit bonuses, and Lot Back bonuses. I will give a evident illustration here so that you can grasp the meaning of these types of forex bonuses.

• Deposit bonuses: obviously, you can get this kind of bonuses when you deposit your money. In reality, if you deposit your money, they will give this type of bonuses based on the percentages.

• Welcome bonuses(or non-deposit bonuses):this is the type of bonuses which are for new registrations. Normally, brokers will offer you around 30-50 dollars for the first registrations. New traders are often attracted by this type of bonuses. In fact, new traders want to examine the trading conditions of brokers thanks to these bonuses.

• Lot back bonuses:once you accomplish one lot/transaction, brokers will refund the amount of money. However, these amount of money will depend on trading currencies, trading time and account types. In fact, this bonus will reduce the transaction cost.

Example: the spread of XM broker for EUR/USD is 1.4 pip, they tend to lot back 3$ for each completed trading lot. It is true that you do not to pay 14$ for spread instead of 11$.

2. Drawbacks of each bonus type.

In order to make sure that you can understand some disadvantages of these types of bonuses. I will give clear explanations here.

Welcome bonuses:certainly, it is totally free in terms of this type of bonus. But we should look at other sides.

• It is not good for you to enjoy $50 which is very small. If you want to have more benefits, you should look at other aspects.

• It is also difficult for you to withdraw your money

• Obviously, new brokers often offer this type of bonus. Hence, it is not safe for you to trade with these brokers.

Deposit bonuses:

• It can be an arduous task for you to withdraw your money.

• Your forex bonuses will be evaporated when you withdraw your profit.

Lot back bonuses: if you pour a big amount of money, it is better for you. Additionally, brokers will refund when you complete your trading lot. However, you have to wait for a long time in order to collect your benefit.

3.Is it difficult for us to withdraw forex bonus?

We can now whether we can withdraw forex bonus through withdrawal conditions. In fact, there are two chief withdrawal conditions that we should focus on.

• For some brokers, when you finished a certain number of trading lots you can withdraw your bonuses.

• You can withdraw your profit though some brokers do not allow withdrawing bonus.

View from different angles, it is better for us to withdraw our profit if we do not need to follow any condition. When brokers ask for the number of finished lots, it will be onerous for you to withdraw.

4. Is it good for us to choose between good bonuses and low spread?

In my opinion, It would be better for us to have forex bonuses. Nonetheless, we sometimes should consider other important aspects when trading with brokers. We should make sure that whether or not this broker is reliable. In reality, traders are often deceived by the number of forex brokers because of temporary benefits. Therefore, it is a good thing for us to choose trusted brokers.

In order to opt for good bonus, we should concentrate on some factors.

• Make a list of five best brokers that you feel safe

• Decide on best forex brokers who have better bonus program. Certainly, it is good for traders to choose these brokers, so it is not a matter when they do not offer bonuses.

• Have bonuses and trade with brokers.

5. A list of top 4 good forex bonuses.

From my own experience, I will show a list of top four best forex bonuses so that you can consider.

• Best welcome bonus: 30$ welcome bonus of XM

• Best welcome bonus: 50$ welcome bonus of FBS

• Best deposit bonus: 100% deposit bonus of XM

• Lot Back Bonuses: Rebate 2 - 16$ per lot of Exness

6. What we should know about two ways to cheat bonuses.

In reality, we can actually cheat on welcome bonuses. If we want to cheat on bonuses, we should have a good understanding about two prevalent measures.

1. First and foremost, what traders must do is to possess different new accounts to have welcome bonuses. Subsequently, traders will hedge two accounts at the same time. This leads to the fact that traders will have a chance to win one account. Indeed, It seems to be easy in this case but it is for traders can withdraw bonus profit without any requirement.

2. In fact, swindler have a tendency to open lots of accounts to have more welcome bonuses. Then they can open large positions by making use of higher leverage. CLICK HERE TO SEETHE LEVERAGE OF EXNESS.

Posted by: steven owen at 02:26 AM | No Comments | Add Comment
Post contains 1088 words, total size 9 kb.