Forex Deposit Bonus

It is added right after a successful deposit when all requirements of the program are met. Financial company mostly target new clients to their platform with a bonus on top of their funding.

Understanding a Deposit Bonus for Forex Trading

A Forex Deposit bonus is a great promotional scheme to enhance the deposit amount of the clients. It added extra flexibility to the live trading by adding extra money on your trading account. Generally, the bonus comes in percentage on the deposit amount such as 100% Bonus, 50% Bonus, 30% Bonus and so on depending on the particular campaign. For instance, if there is a 50% bonus means the Bonus is 50% of the sum you deposit into your trading account.

How to Choose the Best Forex Deposit Bonus and Apply for it

As the bonus require investment to opt-in for the campaign, thus first of all it is advisable to look for the desire payment method you have in your broker. More importantly check the regulation and reputation of your broker before funding on it for a bonus. If you engage with a fraud company then you are risking all your invested money looking for a bonus.

However, getting the bonus is easier than ever, all it takes to complete a few simple steps to get started your trading with a bonus. If you find a bonus that is comfortable for your trading strategy then register with the company and join under this particular campaign and fund accordance with the bonus policy.

Types of Forex Deposit Bonuses

There are a bunch of bonuses for the Forex trader in the industry from many brokers across the globe. The bonus offers in percentage of deposit amount as discuss earlier; however, it has two primary categories of Volume/Margin Bonus and Tradable/drawdown Bonus. The volume bonus intended to increase the volume means you trade with the higher volume with an increased margin while the tradeable bonus acts like your account equity just like your account which can be lost. When a new trader gets a bonus on initial deposit also called a welcome bonus.

Bonus Withdrawal Terms & Conditions

Our extended research found that mostly Tradable bonus is usable for trading purposes only and cannot be withdrawn, on the other hand Margin bonus are often withdrawable under the lot requirements as mention in the terms and conditions. In a nut shell, the bonus has many technical aspects so be aware of the terms and services before apply for a bonus.