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General => General Trading Discussion => Topic started by: winston80 on January 15, 2013, 05:42:28 PM

Title: Bonus. Is it worth it?
Post by: winston80 on January 15, 2013, 05:42:28 PM
I found a trader it offers a 10%  credit bonus on each new deposit above 2000 dollars. It is also commission free. Is it a good offer? Please check and advice me...  (ICM Capital)

Many thanks
Title: Re: Bonus. Is it worthy?
Post by: donnaforex on January 15, 2013, 06:52:16 PM
It depends how you normally trade. On their terms it says you need to trade 40 lots on a $2k deposit within 1 month to get the bonus released. For most people, they will not be able to trade 40 lots in one month with $2k...

Title: Re: Bonus. Is it worthy?
Post by: Alf on January 17, 2013, 04:03:25 PM
I found a trader it offers a 10%  credit bonus on each new deposit above 2000 dollars. It is also commission free. Is it a good offer? Please check and advice me...  (ICM Capital)

Many thanks

I have seen similar bonuses offered by many brokers. You can check them at google.
Title: Re: Bonus. Is it worthy?
Post by: thelastbear on January 20, 2013, 05:54:16 PM
I found a trader it offers a 10%  credit bonus on each new deposit above 2000 dollars. It is also commission free. Is it a good offer? Please check and advice me...  (ICM Capital)

Many thanks

When it comes to any bonus I recommend that you read the fine print and fully understand all conditions.
Title: Re: Bonus. Is it worthy?
Post by: Angelnish on January 21, 2013, 07:42:08 AM
First of all, do not be hasty. Take your time check all the document, terms and conditions before you proceed. :-\
Title: Re: Bonus. Is it worthy?
Post by: greadex on January 23, 2013, 08:53:57 AM
Depend on what kind of bonus. There are bonus that is given if you invest certain amount of money. There is bonus given the first time you open the account, which called free deposit. If you mean the free deposit, it just risky. Because some broker are turn out to be scam, and they closed the broker. But some are still running well and not scam. But for the bonus receive if you are investing certain amount of money, then it is up to you to decide, either to take it or leave. To me, I'll just leave it.
Title: Re: Bonus. Is it worthy?
Post by: fxman on April 20, 2013, 07:23:13 PM
I think bonus is somehow worthy and obviously not worthless. I use XEmarket how give 30% bonus as welcome bonus and loyality bonus. This bonuses can't be withdrawn but help me to hold a position. But the matter I dislike that they take out all the bonuses if I withdraw even $1 from my balance. 
Title: Re: Bonus. Is it worthy?
Post by: cyberryder on April 20, 2013, 07:27:55 PM
in general, this is only a marketing bubble to get traders deposit more money. After some months the broker will tell you ..ooooooooooohhhhh we are teeeeeeriiible sorry that you did not met the bonus T&Cs.

Therefore, if i see a broker adding a bonus to my account i tell them instantly to remove it.
Title: Re: Bonus. Is it worthy?
Post by: Bigsteve on April 20, 2013, 08:30:49 PM
My feelings are...........if it's free then it will just end up costing more than if I went out and bought it myself in the first place.
It's just another gimmick meant for the unsuspecting.
Title: Re: Bonus. Is it worthy?
Post by: ituglobal on April 22, 2013, 09:49:17 PM
Bonus is a good leverage for the trader, provided it's given by a broker that is reliable and honest.  There are many honest brokers out there and you find ones that have been used and trusted. First, you need to understand each broker's terms and conditions on bonuses. I've seen many people making profits from good bonuses. They withdrew the profits and used them to cater for their family. I've also enjoyed bonuses before and I look forward to getting more with some brokers.

Don't forget, bonuses should be treated like your own money when trading.
Title: Re: Bonus. Is it worthy?
Post by: Rambo35 on April 24, 2013, 08:47:24 AM
I found a trader it offers a 10%  credit bonus on each new deposit above 2000 dollars. It is also commission free. Is it a good offer? Please check and advice me...  (ICM Capital)

Many thanks

That really depends on. Make sure you read the terms and conditions carefully so you understand what you are getting into. I know a lot of traders dont take the time, accept a bonus and then claim the broker is not good. Just be careful and understand what you are signing up for.
Title: Re: Bonus. Is it worthy?
Post by: seawater on May 31, 2013, 08:27:29 AM
I found a trader it offers a 10%  credit bonus on each new deposit above 2000 dollars. It is also commission free. Is it a good offer? Please check and advice me...  (ICM Capital)

Many thanks

What you nee to look at the terms of using this bonus deeply. Some brokers write confusing terms that cannot be cleared easily. You should consult the live chat and clear every doubt of yours by asking them about several outcomes by examples.
Title: Re: Bonus. Is it worthy?
Post by: Forexrider on May 31, 2013, 07:19:00 PM
Actually the withdrawal conditions for these bonus is so tricky so i doubt if it has anything good to do for the traders regarding their trade margin.
Title: Re: Bonus. Is it worthy?
Post by: seawater on June 14, 2013, 12:39:16 PM
Yes bonus are great to have in our trading account as it gives us extra margin and if it is a welcome bonus then we can trade risk free on such offers from broker.
Title: Re: Bonus. Is it worthy?
Post by: knightrider on September 14, 2013, 10:12:37 AM
Yes. Some of the broker is given more than50% of first bonus with few condition! But this is really not very good for the trader! Why they will give bonus! You will earn from your qualification? At the same time they have some hidden fees to cover the fees from you! I just want to recommend the forex interested people to stay out from the bonuses!

Thanks
Title: Re: Bonus. Is it worthy?
Post by: FlorinInvest on September 14, 2013, 11:30:04 AM
I found a trader it offers a 10%  credit bonus on each new deposit above 2000 dollars. It is also commission free. Is it a good offer? Please check and advice me...  (ICM Capital)

Many thanks
Many brokers offer this bonus and  we should check their terms of trade if interested to trade with them.
Title: Re: Bonus. Is it worth it?
Post by: tbooo on September 14, 2013, 01:43:14 PM
FXPrimus gives 100% Bonus only on your first deposit up to 10k. Nice isnt it? They also provide a segregated account for 50$ I think...
Hotforex gives 50% up to 15k I think...

I think these brokers are good one's arn't they?
Title: Re: Bonus. Is it worth it?
Post by: hybrid on July 30, 2015, 08:39:18 AM
I like forums bonus that had less conditions . I can trade with low risk using this bonus. Bonus is valuable for low investors and new traders too . Bonus are good from investing in real account just getting experience. with bonus many new traders are able to do trading in live atmosphere.
Title: Re: Bonus. Is it worth it?
Post by: fxman on July 30, 2015, 10:07:24 AM
Bonus from trustful broker is of course worthy but bonus should not be a reason to choose a broker though bonuses are offered to attract traders. Now  so many fake low profile brokers are starting business offering 100% bonus, no deposit bonuses. So now it is really a question whether bonuses are worthy or not.
Title: Re: Bonus. Is it worth it?
Post by: resistance on July 31, 2015, 10:46:14 AM
Quote from: fxman link=msg=344188 date=1438247244

Bonus from trustful broker is of course worthy but bonus should not be a reason to choose a broker though bonuses are offered to attract traders. Now  so many fake low profile brokers are starting business offering 100% bonus, no deposit bonuses. So now it is really a question whether bonuses are worthy or not.


Yes, bonus can be helpful if the bonus is coming from trusted broker which has regulations from regulated company, testimonial from its customers, and its business has run for more than 5 years. But the main reason to choose good broker shouldn't only bonus which is offered because there are many scam companies too currently.
Title: Re: Bonus. Is it worth it?
Post by: uzakon on August 02, 2015, 11:39:53 AM
Quote from: tbooo link=msg=286403 date=1379162594

FXPrimus gives 100% Bonus only on your first deposit up to 10k. Nice isnt it? They also provide a segregated account for 50$ I think...
Hotforex gives 50% up to 15k I think...

I think these brokers are good one's arn't they?


Quite profitable offers but many brokers give more on deposit. Anyway HotForex and FXPrimus have never been scams, so these bonuses will work, I guess.
Title: Re: Bonus. Is it worth it?
Post by: dreamfx on August 02, 2015, 01:05:22 PM
As far as I think there is no harm in trying with bonus. I think there should not be question on worth about bonus. It is helpful in all aspects because you will not loss anything and you can gain some real cash by trading good with this bonus.
Title: Re: Bonus. Is it worth it?
Post by: drunkfx on August 03, 2015, 08:49:56 AM
Quote from: tbooo link=msg=286403 date=1379162594

FXPrimus gives 100% Bonus only on your first deposit up to 10k. Nice isnt it? They also provide a segregated account for 50$ I think...
Hotforex gives 50% up to 15k I think...

I think these brokers are good one's arn't they?


I personally trade with Hotforex and can rate them as decent STP broker. Here is information on their active bonuses https://www.hotforex.com/en/deposit-withdraw/bonus-offerings.html
Regarding FxPrimus I'd recommend to stay away from them, some visceral suspicions confirmed with bad FPA reviews http://www.forexpeacearmy.com/public/review/www.fxprimus.com
But do your our own due diligence to not blame others urging you to make wrong choice.
Title: Re: Bonus. Is it worth it?
Post by: vivid on August 04, 2015, 02:12:51 PM
If there aren't much hidden terms in using that bonus then surely its worth it. But my over all advice is to stay away from all sorts of bonues as they are in fact some kind of advertisement gimmick to attract new traders.
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on August 05, 2015, 09:07:29 AM
Actually it is useful for those not 100% margin borrow. But use it wisely.
Title: Re: Bonus. Is it worth it?
Post by: Rahim Miya on August 05, 2015, 10:47:26 AM
I have taken full advantage of 100% welcome bonus of TradingBanks broker. Because, I have long time demo practicing experience. Thatís way, I know how to use big bonus. By the way, I think new traders canít use this kind of opportunity on right way. Because, they are emotional based trader. I have overcome my small investment problems quickly because of this bug bonus offer.
Title: Re: Bonus. Is it worth it?
Post by: hybrid on August 06, 2015, 02:03:06 PM
Bonus are good offers I never misses it is forum bonus or bonus on investment . I fully take advantage of it. I do trading with it on certain conditions . it make me a good trader who understands how to act on conditions and try to make profit in it.
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on August 06, 2015, 05:09:19 PM
What's the point of taking 100% bonus just for trading margin use. There are no difference by taking higher risk, higher leverage (1:1000 already consider crazy amateur). It is just a broker marketing strategy to lure trader opening more trade, and having faster margin call. ;D
Title: Re: Bonus. Is it worth it?
Post by: Christopher on August 08, 2015, 08:57:04 PM
I don't know what others think, but Bonus is always a Good thing for me... When I joined CToption few months ago, I was rewarded by 100% bonus on my deposit. and, the fact is, it wasn't so difficult to withdraw my profits with this broker.
Title: Re: Bonus. Is it worth it?
Post by: Forexrider on August 11, 2015, 04:53:37 AM
Quote from: Christopher link=msg=344715 date=1439063824

I don't know what others think, but Bonus is always a Good thing for me... When I joined CToption few months ago, I was rewarded by 100% bonus on my deposit. and, the fact is, it wasn't so difficult to withdraw my profits with this broker.


But the question is that will they serve any purpose for margin. And the answer is NO with most of the brokers because it can not be used as margin.
Title: Re: Bonus. Is it worth it?
Post by: Rocky Ward on August 11, 2015, 10:00:28 AM
Generally, many kind of trading brokers are providing lots of profitable bonus for their advertisement. But, practically, these kinds of trading bonus cannot be used in a proper way due to many restrictions. but, I am very lucky to select MxTrade as my trading platform where I got 100% deposit bonus and for all times devoid of any kinds of limitations, I can use this profitable bonus with only one pip narrowest trading spread. by the way, from this trading platform , in a short time , I am becoming a knowledgeable trader due to many exclusive educational facilities.
Title: Re: Bonus. Is it worth it?
Post by: Armando on August 15, 2015, 05:10:53 PM
It actually depends on your broker. Some broker will allow you to trade with bonus and consider that margin, some will may Not. so, its better if you ask them before accepting any bonus. Brokers like CToption offers up to 150% bonuses, but I seriously don't know whether they serve that feature or not.
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on August 17, 2015, 01:03:49 AM
Quote from: Christopher link=msg=344715 date=1439063824

I don't know what others think, but Bonus is always a Good thing for me... When I joined CToption few months ago, I was rewarded by 100% bonus on my deposit. and, the fact is, it wasn't so difficult to withdraw my profits with this broker.


Basically, trading binary options is already consider a silly choice to me no matter how many % of free money they can provide. With the help of simple maths calculation, you will never ever profit in Binary Options. Casino edges of 4% in Baccarat can broke someone easily, Binary Options edges about 20%. So do you think it is a good choice to trade BO?
Title: Re: Bonus. Is it worth it?
Post by: resistance on August 19, 2015, 05:07:34 PM
Quote from: iMusingKiMi link=msg=345096 date=1439769829

Quote from: Christopher link=msg=344715 date=1439063824

I don't know what others think, but Bonus is always a Good thing for me... When I joined CToption few months ago, I was rewarded by 100% bonus on my deposit. and, the fact is, it wasn't so difficult to withdraw my profits with this broker.


Basically, trading binary options is already consider a silly choice to me no matter how many % of free money they can provide. With the help of simple maths calculation, you will never ever profit in Binary Options. Casino edges of 4% in Baccarat can broke someone easily, Binary Options edges about 20%. So do you think it is a good choice to trade BO?


I don't know with another person's view but for me, trading in binary options is similiar with betting or gambling because you only predict the price will move higher or lower current price and it's similiar with Head or Tail Game in betting. So, I had same mind with you that it is not good choice to trade with Options for me too.
Title: Re: Bonus. Is it worth it?
Post by: indicator on August 20, 2015, 05:10:49 AM
Bonus is highly worth it if it does not comes with hidden terms. Some broker ask for some traded lots in less time which is very hard to accomplish. So if a bonus is offered with tough conditions then its not worth to try.
Title: Re: Bonus. Is it worth it?
Post by: vivid on September 08, 2015, 08:55:56 AM
Quote from: indicator link=msg=345305 date=1440043849

Bonus is highly worth it if it does not comes with hidden terms. Some broker ask for some traded lots in less time which is very hard to accomplish. So if a bonus is offered with tough conditions then its not worth to try.


You are right, but some conditions are broker's requirement that needs to be fulfilled in order to get that bonus cashed out or get profit from that bonus in your payment processor. Otherwise that broker will be negatively used by many traders.
Title: Re: Bonus. Is it worth it?
Post by: resistance on September 10, 2015, 07:33:32 AM
Quote from: indicator link=msg=345305 date=1440043849

Bonus is highly worth it if it does not comes with hidden terms. Some broker ask for some traded lots in less time which is very hard to accomplish. So if a bonus is offered with tough conditions then its not worth to try.


I am agree with you. Some brokers gave bonus (no deposit bonus) for trading but there is condition which is almost impossible to reach so it's almost useless to trade with the bonus. But, I knew that some brokers which gave bonus for you without hard condition as requirement for you to withdraw the profit. This is very helpful for newbie traders.
Title: Re: Bonus. Is it worth it?
Post by: Forexrider on September 11, 2015, 04:56:24 AM
Bonus are worth when they can be cashed out or used as margin for trading. Thus, traders need to assess the type or bonus available so that they can be able to avail the benefit of bonus.
Title: Re: Bonus. Is it worth it?
Post by: hybrid on September 11, 2015, 05:33:45 AM
Yes bonus helped traders, no deposit bonus or other bonus that brokers offer are value able , we can trade with it on given limitations. Some restrictions are very difficult which new traders can not apply .  However I get support from bonus trading it give me a good base for real trading.
Title: Re: Bonus. Is it worth it?
Post by: Rahim Miya on September 11, 2015, 12:08:08 PM
It is idly true that in spite of having most powerful analyzing trade knowledge , it is not possible to make profit constancy if you do not have accurate supportive from a trading broker. In my trading career, I have selected Tradingbanks as my trading broker where I got $50 without any deposit. By means of this trading balance, I am able to trade at all times with narrowest trading spread.
Title: Re: Bonus. Is it worth it?
Post by: resistance on September 17, 2015, 06:10:23 PM
Quote from: hybrid link=msg=346591 date=1441946025

Yes bonus helped traders, no deposit bonus or other bonus that brokers offer are value able , we can trade with it on given limitations. Some restrictions are very difficult which new traders can not apply .  However I get support from bonus trading it give me a good base for real trading.


Some brokers didn't give too much requirement to withdraw the profit from no deposit bonus account but there are some brokers which are giving too much conditions to be able withdraw the profit so you must read the requirements first before trading with the account. But more than it, trading with real account can give good experience although it is not coming from your own deposit.
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on September 18, 2015, 03:48:12 AM
Quote from: resistance link=msg=346832 date=1442509823

Quote from: hybrid link=msg=346591 date=1441946025

Yes bonus helped traders, no deposit bonus or other bonus that brokers offer are value able , we can trade with it on given limitations. Some restrictions are very difficult which new traders can not apply .  However I get support from bonus trading it give me a good base for real trading.


Some brokers didn't give too much requirement to withdraw the profit from no deposit bonus account but there are some brokers which are giving too much conditions to be able withdraw the profit so you must read the requirements first before trading with the account. But more than it, trading with real account can give good experience although it is not coming from your own deposit.


I believe most of the requirements are still acceptable if you can use all those bonus wisely. Choose good reputation of broker instead of choosing the best bonus, that's the most important.
Title: Re: Bonus. Is it worth it?
Post by: uzakon on September 19, 2015, 08:53:14 AM
Quote from: iMusingKiMi link=msg=346853 date=1442544492


I believe most of the requirements are still acceptable if you can use all those bonus wisely. Choose good reputation of broker instead of choosing the best bonus, that's the most important.

I think you are right. If a broker has a good reputation, you can trust its bonuses with no doubt. Personally I rely on FreshForex bonuses and at the moment trade with its rebate bonus on losing trades.
Title: Re: Bonus. Is it worth it?
Post by: indicator on September 20, 2015, 07:04:23 AM
It is worth it, when you trade in a bonus account, its way better than trading in a demo account. So the emotions are played in your trading and you can develop yourself into a good trader.
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on September 21, 2015, 01:37:52 AM
Quote from: uzakon link=msg=346909 date=1442649194

Quote from: iMusingKiMi link=msg=346853 date=1442544492


I believe most of the requirements are still acceptable if you can use all those bonus wisely. Choose good reputation of broker instead of choosing the best bonus, that's the most important.

I think you are right. If a broker has a good reputation, you can trust its bonuses with no doubt. Personally I rely on FreshForex bonuses and at the moment trade with its rebate bonus on losing trades.


Not sure what you mean by rebate bonus on losing trades.
Title: Re: Bonus. Is it worth it?
Post by: resistance on September 30, 2015, 04:00:28 PM
Quote from: iMusingKiMi link=msg=346853 date=1442544492

Quote from: resistance link=msg=346832 date=1442509823

Quote from: hybrid link=msg=346591 date=1441946025

Yes bonus helped traders, no deposit bonus or other bonus that brokers offer are value able , we can trade with it on given limitations. Some restrictions are very difficult which new traders can not apply .  However I get support from bonus trading it give me a good base for real trading.


Some brokers didn't give too much requirement to withdraw the profit from no deposit bonus account but there are some brokers which are giving too much conditions to be able withdraw the profit so you must read the requirements first before trading with the account. But more than it, trading with real account can give good experience although it is not coming from your own deposit.


I believe most of the requirements are still acceptable if you can use all those bonus wisely. Choose good reputation of broker instead of choosing the best bonus, that's the most important.


It is right. Don't choose broker with the highest amount of capital to give only because some brokers didn't give you the amount of profit when you withdrawn it. Choose broker with good reputation although the bonus is not quite big and try to find out some testimonials from traders who ever trade with it to make sure that you trade with the right broker,
Title: Re: Bonus. Is it worth it?
Post by: vivid on October 26, 2015, 10:14:37 AM
Its totally worth if you use it wisely. It can be used for practising you trading as it will be a bit better than trading on demo account, as you can feel some emotions while trading on a bonus account than a plane demo account.
Title: Re: Bonus. Is it worth it?
Post by: indicator on October 29, 2015, 07:30:18 AM
Bonus of any kind is worth using, especially the non deposit bonus is a great way for newbie traders to start forex trading. As funds from broker will be use while training themselves emotionally.
Title: Re: Bonus. Is it worth it?
Post by: equityfx on October 29, 2015, 07:59:52 AM
Quote from: indicator link=msg=348719 date=1446103818

Bonus of any kind is worth using, especially the non deposit bonus is a great way for newbie traders to start forex trading. As funds from broker will be use while training themselves emotionally.
Yes, you can trade with bonus or free account. Many brokers that offer bonuses. But you have to have good skills.
Title: Re: Bonus. Is it worth it?
Post by: resistance on October 29, 2015, 09:07:30 AM
Quote from: equityfx link=msg=348721 date=1446105592

Quote from: indicator link=msg=348719 date=1446103818

Bonus of any kind is worth using, especially the non deposit bonus is a great way for newbie traders to start forex trading. As funds from broker will be use while training themselves emotionally.
Yes, you can trade with bonus or free account. Many brokers that offer bonuses. But you have to have good skills.


That's right. It will be profitable and it will give you more advantages when you had good skill of trading, good money management and capability to control emotion well when you're trading with no deposit bonus because you don't lose anything when you experienced Margin Call but you can gain some profits when your analysis was right.
Title: Re: Bonus. Is it worth it?
Post by: drunkfx on October 29, 2015, 07:44:30 PM
It is worth to opt for bonus if you understand how to manage risks trading with bonus. It's a kind of leverage and it can increase return as well as facilitate your losing. Use it wisely for example for news traders, when you go all in one and chasing for max profit use additional money from broker. I have 100% credit bonus on one of my trading accounts with Hotforex and trade NFP, Retail Sales, FOMC meetings using 100-200$ deposits+bonus funds.
Title: Re: Bonus. Is it worth it?
Post by: erik.shaban on October 30, 2015, 02:38:47 AM
From my experience, reading the terms and conditions is very important if you are to use a bonus.  Most require that 30-50 times the bonus is traded before any withdrawal is made.  If you can trade that, then go for the bonus. 
Title: Re: Bonus. Is it worth it?
Post by: indicator on November 15, 2015, 04:57:24 AM
Any bonus that don't have such conditions where you need to hurry in completing certain lots in certain days is worth trying and trading.
Title: Re: Bonus. Is it worth it?
Post by: Profitable Trading on November 15, 2015, 09:02:13 AM
Totally agree with members, Bonus usually comes with additional terms to meet. There is no free lunch on this planet. Broker, whose main interest is to make money from clients, would offer you anything free, if he wouldnt get double of it. I never accept any bonus.
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on November 16, 2015, 01:44:57 AM
But actually all bonus are benefit, but problem is can you control your own discipline while fully utilized those benefit given. That's the important question. :P
Title: Re: Bonus. Is it worth it?
Post by: equityfx on November 16, 2015, 02:21:52 AM
Quote from: iMusingKiMi link=msg=349445 date=1447638297

But actually all bonus are benefit, but problem is can you control your own discipline while fully utilized those benefit given. That's the important question. :P
This is a bonus, which is quite interesting. You can choose a broker who gives unconditional bonus kink. So it is very difficult for traders. Many brokers are giving bonuses.
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on November 16, 2015, 05:25:50 AM
Quote from: equityfx link=msg=349447 date=1447640512

Quote from: iMusingKiMi link=msg=349445 date=1447638297

But actually all bonus are benefit, but problem is can you control your own discipline while fully utilized those benefit given. That's the important question. :P
This is a bonus, which is quite interesting. You can choose a broker who gives unconditional bonus kink. So it is very difficult for traders. Many brokers are giving bonuses.


The word "BONUS" which means additional gift for you but with Terms and Condition. Trading needs discipline, gaining from bonus need as well. If you thought taking bonus means you can trade higher lots, then it is big mistake.
Title: Re: Bonus. Is it worth it?
Post by: WolfGUN on November 16, 2015, 12:07:13 PM
Even Santa would give a present if you were a good boy.
Nothing is given for free in this world.
If there is a bonus offered (which seems like a free present), you can be sure that there is a profit for a broker behind a curtain.
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on November 17, 2015, 02:04:30 AM
Quote from: WolfGUN link=msg=349463 date=1447675633

Even Santa would give a present if you were a good boy.
Nothing is given for free in this world.
If there is a bonus offered (which seems like a free present), you can be sure that there is a profit for a broker behind a curtain.


Very very good example. Santa only give present if you are a good boy. Bonus can be utilize and earn you more if you have discipline.  :P
Title: Re: Bonus. Is it worth it?
Post by: Kristofer on December 18, 2015, 07:13:39 AM
Why not to take an advantage of  bonus if it does not require any  sacrificies? And if it  helps me in the trade, I am not interested very  much how a broker plays this bonus back. Here, for example, Freshforex offer, on which you can receive  rebate on spread  up to 50 percent. It turns out that for each lot you can  return  to your account up to $10. Obviously this bonus is better to use than  ignoring it
Title: Re: Bonus. Is it worth it?
Post by: Rocky Ward on December 18, 2015, 07:14:58 AM
As a student, I have started my trading career. So, I am not capable to invest grand capital which is very supportive to keep survive in this volatile trading place for a long time.  Thatís why, I have selected MXTrade trading broker due to 100% deposit bonus. By means of this deposit bonus, I could recover my lack of balance and for all time I can use this profitable bonus without any restrictions. 
Title: Re: Bonus. Is it worth it?
Post by: bruce_knee on December 18, 2015, 07:41:26 PM
Most brokers offer bonuses under the condition traders deposit X amount in a short period of time, I don't think it's worth it because they try to lure you to put in more money for their benefit
Title: Re: Bonus. Is it worth it?
Post by: Profitable Trading on December 19, 2015, 12:45:29 PM
40 Lots a lot. You cant trade that in a month, unless you are an active scalper. Over trading is number one account killer. Personally, I do not like the idea of Bonus, as they always coming with additional 'bad' terms. There is no free money on this planet .
Title: Re: Bonus. Is it worth it?
Post by: uzakon on December 19, 2015, 04:12:08 PM
I think only tradable bonuses are worth using like 51% deposit bonus https://freshforex.com/traders/promotion/51-drawdown-bonus.html. If I can't use my bonus in case of drawdown, why I need that?
Title: Re: Bonus. Is it worth it?
Post by: indicator on December 27, 2015, 06:21:02 AM
If a broker is giving bonus with attainable conditions then its worth it but if it demands withdrawal of any profit from a bonus account by completing unrealistic number of lots then its useless.
Title: Re: Bonus. Is it worth it?
Post by: Forex Verified on December 28, 2015, 03:31:13 PM
Have in mind that Forex brokers don't give anything for free.
Title: Re: Bonus. Is it worth it?
Post by: resistance on January 02, 2016, 12:37:56 PM
Sometime bonus as additional margin will useful to making strong account, but might different broker also have different rules about bonus deposit, I like bonus free no deposit and only profit can withdrawn although small bucks but it can for learning and trying service on broker.
Title: Re: Bonus. Is it worth it?
Post by: Antonis on January 04, 2016, 07:45:09 AM
can anyone please elaborate a little bit in regards the issue with bonuses?
Title: Re: Bonus. Is it worth it?
Post by: Huang jing on January 04, 2016, 08:04:25 AM
Bonus is worthy, but firstly you need to be very clear about the withdrawal and usage terms. Some brokers may set up limitation conditions about bonus.
Title: Re: Bonus. Is it worth it?
Post by: Rocky Ward on January 05, 2016, 09:28:13 AM
Practically, the bonuses we get from our trading brokers cannot use in a proper way due to many restrictions. but, in my trading career, I am very lucky to select MXTrade as my trading broker where I can use 100% deposit bonus for all time including lowest trading spread.  thatís why, I can lead a comfortable trading life.
Title: Re: Bonus. Is it worth it?
Post by: vivid on January 06, 2016, 05:18:38 AM
Bonus that has very high expected conditions attached with it for profit withdrawing is not worth at all, its only a time waste. Instead a trader should trade with his own money.
Title: Re: Bonus. Is it worth it?
Post by: equityfx on January 06, 2016, 08:21:18 AM
Bonus has worth. It not only helps to get money in your trading account you can use it in may ways. You can get real trading experience from it. Many people expect more from bonus. It is an amount that you have to use on certain conditions.
Title: Re: Bonus. Is it worth it?
Post by: Q1200GS on January 06, 2016, 10:46:27 AM
If I am offered a bonus I will take it. I am trading anyway so why not make some bucks on the road with (a part of) the bonus. And with the bonus I can increase the leverage.
Title: Re: Bonus. Is it worth it?
Post by: equityfx on January 08, 2016, 05:58:37 AM
There are some brokers that offer bonus buy they ask for a very high quantity of lots to be traded before any profit withdrawal from that bonus account. If the lots demanded are too high, then its difficult to use such a bonus.
Title: Re: Bonus. Is it worth it?
Post by: Antonis on January 08, 2016, 07:39:27 AM
what im thinking is...this bonus thing can be very tricky and manipulative most of the times in terms of you think its a bonus but at the end it will probably cost more than it would without you getting the bonus.i Hope this makes sense and i would appreciate if anyone could elaborate a bit more on this,thank you again
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on January 10, 2016, 10:57:39 PM
Quote from: vivid link=msg=350992 date=1452057518

Bonus that has very high expected conditions attached with it for profit withdrawing is not worth at all, its only a time waste. Instead a trader should trade with his own money.


It depends on each traders will. If you have good money and risk management, bonus is very worthy to take because it takes us long time as well to gain a healthy growth instead of those betting type of account growth.
Title: Re: Bonus. Is it worth it?
Post by: Forex Verified on January 11, 2016, 03:48:58 PM
Quote from: Antonis link=msg=351083 date=1452238767

what im thinking is...this bonus thing can be very tricky and manipulative most of the times in terms of you think its a bonus but at the end it will probably cost more than it would without you getting the bonus.i Hope this makes sense and i would appreciate if anyone could elaborate a bit more on this,thank you again


Most brokers have conditions when giving bonuses. For ex. they may require for you to complete a certain size of trades for a limited time which usually is more than your account can take (trading with bigger lots to achieve that). And if it's a small bonus like get $100 for refering a friend or something similar, conditions are usually more acceptable.
Title: Re: Bonus. Is it worth it?
Post by: Rocky Ward on January 14, 2016, 10:12:35 AM
I have chosen MXTrade because of 100% initial bonus that I can use at all times without any kind of restrictions including lowest trading spreads. So, my trading life is very much comfort and profitable.
Title: Re: Bonus. Is it worth it?
Post by: Forex Verified on January 14, 2016, 03:59:13 PM
Quote from: Rocky Ward link=msg=351314 date=1452766355

I have chosen MXTrade because of 100% initial bonus that I can use at all times without any kind of restrictions including lowest trading spreads. So, my trading life is very much comfort and profitable.


Well, their terms and conditions say:

"In order to be eligible to withdraw your bonus, you must execute a minimum trading volume of
$10,000 for every 1 bonus dollar ($1). For example: if you receive a bonus of $100, you will need
to have a minimum trading volume of $1,000,000 in order to be able to withdraw your bonus."

So there is a restriction as I said one post above.

Source: https://www.mxtrade.com/pdf/terms-and-conditions
Title: Re: Bonus. Is it worth it?
Post by: Kristofer on January 17, 2016, 04:40:56 PM
It is important to analyze  bonus terms, if they are appropriate and feasible, why not take the opportunity to improve your balance?
Title: Re: Bonus. Is it worth it?
Post by: Rocky Ward on January 18, 2016, 02:51:44 AM
The bonuses that we get from our trading brokers practically cannot use in a proper way because of many restrictions.  But, in my trading career, I am very lucky to select MXTrade as my trading broker where I got 100% initial bonus that I am able to use for all time with lowest trading spreads. So, my trading life is very much comfort and profitable.
Title: Re: Bonus. Is it worth it?
Post by: Forex Verified on January 18, 2016, 02:53:56 PM
Quote from: Proble link=msg=351425 date=1453108871

I think, major portion of the bonuses are useless and exist just to attract new clients. But I also know some bonuses that can significantly increase the chances of making profit. For example, "Double Deposit" bonus from FreshForex broker gives 101% bonus money.


As long as you are comfortable with their conditions, by all means use the bonus.
Title: Re: Bonus. Is it worth it?
Post by: indicator on January 19, 2016, 06:37:19 AM
Bonus is a great way to start your forex trading career. The amount in your account is still tradeable and profit withdraw able so you get an entire feeling of trading in a real account.
Title: Re: Bonus. Is it worth it?
Post by: Rocky Ward on January 26, 2016, 08:55:05 AM
The bonuses we get from our trading brokers practically cannot use in a proper way due to many restrictions.   But, in my trading career, I am very lucky to select MXTrade where I am able to use 100% initial bonus for all time with lowest trading spreads. So, my trading life is very much comfort and profitable.
Title: Re: Bonus. Is it worth it?
Post by: Huang jing on January 27, 2016, 07:46:42 AM
Yeah, bonus is very helpful for beginners and small funds, but you should check and clear all usage conditions when you decide to use bonus.
Title: Re: Bonus. Is it worth it?
Post by: Forexrider on January 27, 2016, 11:23:18 AM
Its always best for the traders to trade with their own money rather than depending upon the bonus money due to many restrictions applied on the bonuses.
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on January 29, 2016, 06:31:05 AM
Professional never trade or consider bonus although bonus is quite lucrative. So you want to think as professional or amateur? That's the difference.
Title: Re: Bonus. Is it worth it?
Post by: uzakon on January 29, 2016, 06:51:32 PM
Quote from: iMusingKiMi link=msg=351826 date=1454049065

Professional never trade or consider bonus although bonus is quite lucrative. So you want to think as professional or amateur? That's the difference.

I don't think that it's always true. FreshForex cancel the deposit commission, for example. If you are topping you account up without commission (in other words, you are getting this bonus), it doesn't mean that you are becoming less professional.
Title: Re: Bonus. Is it worth it?
Post by: Rocky Ward on February 03, 2016, 12:12:43 PM
i have decided to trade in MXTrade trading broker due to 100% initial bonus that I can sue for all time devoid of any kind of restrictions including lowest trading spreads.   
Title: Re: Bonus. Is it worth it?
Post by: resistance on February 04, 2016, 02:14:15 PM
I like trading with bonus but sometime rules to eligible withdraw bonus is too difficult because we must passed many rules to eligible money from profit bonus, I like bonus prooition which profit can withdrawn this is simple bonus rules.
Title: Re: Bonus. Is it worth it?
Post by: diamond on May 14, 2016, 06:16:02 PM
All those bonuses with not so tough conditions are worth to try. Some bonuses are very helpful like no deposit bonus can help newbie traders get a start in real account trading without depositing any money from their own pockets.
Title: Re: Bonus. Is it worth it?
Post by: resistance on May 15, 2016, 02:59:39 PM
If any trader offer bonus even bonus deposit and no deposit, it will good if we also reading rules regarding with bonus, because sometime any broker offer huge bonus but to eliglible withdraw profit required certain task as requirement and not easy
Title: Re: Bonus. Is it worth it?
Post by: growing_mark on May 15, 2016, 04:43:25 PM
the bonus money is the first advantage for every trader, but it's for trade only, not for withdrawal

Title: Re: Bonus. Is it worth it?
Post by: Forex Verified on May 17, 2016, 10:47:02 AM
Quote from: resistance link=msg=354787 date=1463320779

If any trader offer bonus even bonus deposit and no deposit, it will good if we also reading rules regarding with bonus, because sometime any broker offer huge bonus but to eliglible withdraw profit required certain task as requirement and not easy

Same goes for life decisions - always read the fine print! :)
Title: Re: Bonus. Is it worth it?
Post by: lonewolf on May 17, 2016, 12:55:18 PM
I personally avoid the bonuses, as I have confidence within myself to trade, and I've seen/heard of to many people complaining about being ripped off/ruined by them. If you are competent and responsible, there should be no hassle in trading with the money you have.  Leverage is a bonus within itself, I am comfortable with leverage, and it is yet to withdraw itself and create a problem.
Title: Re: Bonus. Is it worth it?
Post by: growing_mark on May 17, 2016, 03:24:50 PM
Well. in the broker I'm trading with, the bonus money can be transfered to live account and to withdrawl. of course the terms and conditions to withdrawl is very strick. but instead you might transfer it to live account and continute to trade. and now, no deposit bonus account is just a way to check the broker!
Title: Re: Bonus. Is it worth it?
Post by: resistance on May 17, 2016, 04:12:01 PM
Quote from: growing_mark link=msg=354851 date=1463495090

Well. in the broker I'm trading with, the bonus money can be transfered to live account and to withdrawl. of course the terms and conditions to withdrawl is very strick. but instead you might transfer it to live account and continute to trade. and now, no deposit bonus account is just a way to check the broker!


Usually bonus no deposit has certain rules to withdraw money from bonus, in my experience bonus no deposit that easy rules to withdraw in broker that allow profit bonus can withdrawn without restriction
Title: Re: Bonus. Is it worth it?
Post by: Forex Verified on May 19, 2016, 01:57:26 PM
Quote from: AB Said Khan link=msg=354919 date=1463660151

According to my trading experience, I think, for using any kinds of deposit bonuses, we the traders have to choose in regulated trading broker, otherwise it is useless to have 100-200% bonuses which cannot use at all due to margin stop outs.  By the way, I have chosen Trade12 broker which is regulated and for all time make sure best trading environment for using 100% initial bonus without any restrictions including lowest trading spreads. so, my trading life is very much profitable.         


Indeed. If it's a bucketshop even a 1000% bonus won't keep you trading for long before they wipe you out.
Title: Re: Bonus. Is it worth it?
Post by: drunkfx on May 19, 2016, 05:35:11 PM
Well I use 100% credit bonus on fixed account from Hotforex to trade news, I use all available margin and take exceptionally high risk to make most from the trade so additional margin is quite helpful for me. For other cases I see bonus only as a harmful thing for trader.
Title: Re: Bonus. Is it worth it?
Post by: Forex Verified on May 23, 2016, 05:03:52 PM
Quote from: Proble link=msg=355002 date=1463995226

"36% per Annum" bonus from FreshForex is definitely worth trying. I can compare it with bank deposit, but much safer, cause a bank can loose the licence or change the policy not in a good way for depositors...


What makes you think your money are safer at a Forex broker than a bank?
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on May 24, 2016, 05:56:33 AM
Quote from: Forex Verified link=msg=355012 date=1464019432

Quote from: Proble link=msg=355002 date=1463995226

"36% per Annum" bonus from FreshForex is definitely worth trying. I can compare it with bank deposit, but much safer, cause a bank can loose the licence or change the policy not in a good way for depositors...


What makes you think your money are safer at a Forex broker than a bank?


Haha, very good question for him. Because he is too naive and too fresh on financial industries, especially telling someone those very low reputation broker that much "safer" than bank.
Title: Re: Bonus. Is it worth it?
Post by: donothing_jame on May 30, 2016, 02:19:01 PM
I see bonus money is a bonus that broker give to us. I dont think too much, I can recieve it or not. but the question is why not? it's the first advantage. everyone knows it. if you meet broker's requirements, the money is yours. but if you dont, do not blame the brokers for that. you can win in bonus accounts, how can you earn money in live accounts? I see there are many brokers offer bonus account: MFX, even Tickmill and ENESS provide it. B/c they know trader's mentality, and there's no wrong for that.
Title: Re: Bonus. Is it worth it?
Post by: resistance on June 02, 2016, 03:25:58 PM
Yes bonus still useful tro making strongest equity, bonus deposit still useful although there are certain rules regarding with bonus, but still many trader use bonus deposit to making more better equity
Title: Re: Bonus. Is it worth it?
Post by: pinoytrader on June 03, 2016, 08:24:35 AM
in my opinion, is a misconception when people think of bonuses as double the money double the fun, (though thats what it does) coz bonuses have different uses as mentioned before, not just for more money to trade with, like the 100% bonus offered by hotforex and in other brokers its 35% or 50% etc. some traders make good use of it for equity and certain strategies which brings the best of these kind of bonuses, but to be honest im not a fan of bonuses, thats why most my trades are bonus free, not even the rescue bonus :) i just messes the trading in my opinon.
Title: Re: Bonus. Is it worth it?
Post by: donothing_jame on June 03, 2016, 02:48:23 PM
Quote from: pinoytrader link=msg=355270 date=1464938675

in my opinion, is a misconception when people think of bonuses as double the money double the fun, (though thats what it does) coz bonuses have different uses as mentioned before, not just for more money to trade with, like the 100% bonus offered by hotforex and in other brokers its 35% or 50% etc. some traders make good use of it for equity and certain strategies which brings the best of these kind of bonuses, but to be honest im not a fan of bonuses, thats why most my trades are bonus free, not even the rescue bonus :) i just messes the trading in my opinon.

i see bonus money like 100% or 50% is just like we are using leverage. and brokers who provide it still requires minimum deposit. and it'snt called "no deposit bonus account".
Title: Re: Bonus. Is it worth it?
Post by: Forex Verified on June 03, 2016, 03:34:37 PM
Quote from: donothing_jame link=msg=355283 date=1464961703

Quote from: pinoytrader link=msg=355270 date=1464938675

in my opinion, is a misconception when people think of bonuses as double the money double the fun, (though thats what it does) coz bonuses have different uses as mentioned before, not just for more money to trade with, like the 100% bonus offered by hotforex and in other brokers its 35% or 50% etc. some traders make good use of it for equity and certain strategies which brings the best of these kind of bonuses, but to be honest im not a fan of bonuses, thats why most my trades are bonus free, not even the rescue bonus :) i just messes the trading in my opinon.

i see bonus money like 100% or 50% is just like we are using leverage. and brokers who provide it still requires minimum deposit. and it'snt called "no deposit bonus account".

Perhaps it is like using a leverage, but you won't be able to withdraw the money until you meet certain criteria.
Title: Re: Bonus. Is it worth it?
Post by: hybrid on July 02, 2016, 11:37:45 PM
Of course no deposit bonus facilitate traders to do trading without any investment. They feel no tension if loose this money .however they can get valuable experience of trading with bonus. Different types of bonus are there we can get by brokers to do trading with certain limits.
Title: Re: Bonus. Is it worth it?
Post by: Forex Verified on July 05, 2016, 02:31:20 PM
Quote from: hybrid link=msg=356115 date=1467499065

Of course no deposit bonus facilitate traders to do trading without any investment. They feel no tension if loose this money .however they can get valuable experience of trading with bonus. Different types of bonus are there we can get by brokers to do trading with certain limits.


In that case, isn't it like trading on a demo account? You don't have the tension of losing money in either case.
Title: Re: Bonus. Is it worth it?
Post by: indicator on July 18, 2016, 04:53:29 PM
No deposit bonus is a great way to start trading with live amount. You can get the feeling and emotions while trading in such account. Even if you won't become able to withdraw any money from such account, you can have a good practice of your emotional trading.
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on July 19, 2016, 05:21:17 AM
Quote from: indicator link=msg=356493 date=1468857209

No deposit bonus is a great way to start trading with live amount. You can get the feeling and emotions while trading in such account. Even if you won't become able to withdraw any money from such account, you can have a good practice of your emotional trading.


It is difficult for people to take it real when it is free money. When trading their own money, then emotion kicks in.
Title: Re: Bonus. Is it worth it?
Post by: Kemsutrader on August 02, 2016, 04:47:59 AM
read T&C carefully before open bonus account, some brokers held it like a campaign, but some use it like a trick to attract clients.
Title: Re: Bonus. Is it worth it?
Post by: Forex Verified on August 02, 2016, 05:26:13 PM
Quote from: Kemsutrader link=msg=356824 date=1470109679

read T&C carefully before open bonus account, some brokers held it like a campaign, but some use it like a trick to attract clients.


It's definitely a trick to attract clients, but as you said, everyone should read the fine print.
Title: Re: Bonus. Is it worth it?
Post by: Confrontation Girl on August 03, 2016, 07:16:27 AM
Bonus is worth to any trader because it increase of his equity and by it he can trade with large volume. But bonus can't withdraw and before taking bonus there rules should read more carefully and after that bonus should take.
Title: Re: Bonus. Is it worth it?
Post by: 999cjb on August 03, 2016, 07:44:21 AM
Bonuses can be very dangerous for your account if you do not read the terms and conditions very carefully. Personally I would always refuse a bonus if offered as they can be suddenly taken away and blow your account.

I do take bonuses from XM as they show these as a separate Credit value between your Balance and Equity values. Subtract Credit from Equity to see your actual equity without the bonus.
Title: Re: Bonus. Is it worth it?
Post by: indicator on August 03, 2016, 12:34:55 PM
Some bonuses are tricky so you must read all the details about them and then use them accordingly. All no deposit bonuses are good for practice.
Title: Re: Bonus. Is it worth it?
Post by: resistance on August 16, 2016, 03:15:04 PM
Yes as trader also can trying trade with bonus no deposit, some broker offer bonus no deposit with vary number, there are broker offer bonus 300$ and also there are broker offer 1000$ bonus, but yes usually there are certain rules regarding with bonus and we should understand
Title: Re: Bonus. Is it worth it?
Post by: Confrontation Girl on August 17, 2016, 06:55:42 AM
I think if I take knowledge and experience from this market, Profit is possible. And sometimes company is fake. So  I have no need any bonus.
Title: Re: Bonus. Is it worth it?
Post by: Forex Verified on August 17, 2016, 02:44:17 PM
Quote from: resistance link=msg=357158 date=1471356904

Yes as trader also can trying trade with bonus no deposit, some broker offer bonus no deposit with vary number, there are broker offer bonus 300$ and also there are broker offer 1000$ bonus, but yes usually there are certain rules regarding with bonus and we should understand

I'm guessing first rule is: deposit money if you want to withdraw.
Title: Re: Bonus. Is it worth it?
Post by: resistance on August 18, 2016, 02:31:40 PM
Quote from: Forex Verified link=msg=357176 date=1471441457


I'm guessing first rule is: deposit money if you want to withdraw.


Not always, different broker might has different rules regarding bonus, most easy rules about bonus is profit can be withdrawn but bonus only credit and might on first withdraw bonus will canceled, but also there are rules trader must fulfilled certain lot size
Title: Re: Bonus. Is it worth it?
Post by: BMaia69 on August 19, 2016, 01:23:29 AM
It depends on the spread, what the limitations and its really important if the Bonus is in a reliable broker or not my dear
Title: Re: Bonus. Is it worth it?
Post by: indicator on September 01, 2016, 07:59:28 AM
Bonuses are worth especially the no deposit ones. You can trade live with them and even withdraw your profit if you have enough practice in the market. Some commission is deducted from such bonuses account but the rest is off course free money.
Title: Re: Bonus. Is it worth it?
Post by: dreamfx on October 04, 2016, 06:07:23 PM
It is good offer, you should avail this great opportunity as 10% bonus can give you better result, we can grow efficiently with bonus, its give the freedom to do forex fearlessly, I also does like bonus and I am enjoying working with those brokers who are providing bonus.
Title: Re: Bonus. Is it worth it?
Post by: 999cjb on October 05, 2016, 06:18:57 AM
I keep saying this, last time in August. So here it is again  8)

Bonuses can be very dangerous for your account if you do not read the terms and conditions very carefully. Personally I would always refuse a bonus if offered as they can be suddenly taken away and blow your account.

I do take bonuses from XM as they show these as a separate Credit value between your Balance and Equity values. Subtract Credit from Equity to see your actual equity without the bonus.

Title: Re: Bonus. Is it worth it?
Post by: lonewolf on October 05, 2016, 02:15:42 PM
Quote from: 999cjb link=msg=358029 date=1475644737

I keep saying this, last time in August. So here it is again  8)

Bonuses can be very dangerous for your account if you do not read the terms and conditions very carefully. Personally I would always refuse a bonus if offered as they can be suddenly taken away and blow your account.

I do take bonuses from XM as they show these as a separate Credit value between your Balance and Equity values. Subtract Credit from Equity to see your actual equity without the bonus.




As true as that is, Profiforex have a pretty straightforward bonus- each 1 lot equals 1$ ( If cent account, equals 1C.)

Understand it before using it, many of them do have tricky TC's, but some are easier than others.

IF one is included as balance until X then avoid as that will cause head aches.

Title: Re: Bonus. Is it worth it?
Post by: Corey Anderson on March 09, 2017, 01:31:20 PM
I have seen many times in order to my trading experience by and large newcomers are very interested to trade with any kinds of bonus offer , but practically the bonuses we get from our trading brokers cannot use at all due to many kinds of restrictions. It causes a great trouble when trading practically.
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on March 09, 2017, 01:41:28 PM
I have seen many times in order to my trading experience by and large newcomers are very interested to trade with any kinds of bonus offer , but practically the bonuses we get from our trading brokers cannot use at all due to many kinds of restrictions. It causes a great trouble when trading practically.

I would advise just take it if there are any bonuses and trade as usual. If you are good in trading, you can clear some free money. But if you think bonus are giving free money and you can take advantage on it easily, forget about it.
Title: Re: Bonus. Is it worth it?
Post by: Corey Anderson on March 21, 2017, 11:23:58 AM
It is better obviously if you find at any kinds of bonus offer from any regulated trading brokers , in order to my trading experience I think without regulated trading platform it is useless to have 100-200% bonuses which cannot use at all due to margin stop outs.  so when choosing a broker we have to be careful.
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on March 22, 2017, 11:33:57 AM
Frankly, I like this thread so much because you can see how many people blaming broker bonus when they are having losses. Broker give bonus, but they never restrict you to withdraw your own money, only rules on those free money. So what's the harm on bonuses? It is human himself who is greedy that cause losses, not those bonuses.
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on March 22, 2017, 11:40:06 AM
If you are discipline enough, take it. Trade as usual according to plan and don't include those bonus on your money management. One or two or three months later, withdraw your money and see how much bonus you have cleared. It is free money, why not? I don't see any problem here with bonus. Trader himself not fit enough or bonus problem? You the one to decide, not the bonus to tell you what to do.
Title: Re: Bonus. Is it worth it?
Post by: lonewolf on March 22, 2017, 11:47:08 AM
If you are discipline enough, take it. Trade as usual according to plan and don't include those bonus on your money management. One or two or three months later, withdraw your money and see how much bonus you have cleared. It is free money, why not? I don't see any problem here with bonus. Trader himself not fit enough or bonus problem? You the one to decide, not the bonus to tell you what to do.

I couldn't agree more!
Title: Re: Bonus. Is it worth it?
Post by: Eliza Abrams on March 23, 2017, 12:44:42 PM
If you're trading with a FCA or SyCES-regulated broker, you should know that they banned bonuses.  CySEC even recently issued additional guidelines about what kind of bonuses were banned (https://smnweekly.com/2017/03/17/cyprus-cysec-defines-what-banned-bonuses-constitute/), among them were Welcome/Deposit Bonus/Re-deposit Bonus, Volume Bonus, Tournaments/ Competitions, Trial/Protected/ Risk-free Accounts and quite a few others.

Title: Bonus from Brokers
Post by: Mitchell Marsh on March 23, 2017, 01:13:39 PM
In order to my trading experience I think we the traders first of all have to make sure to take any kinds of bonuses from only regulated trading brokers , otherwise it is useless to have 100-200% bonuses which cannot use at all due to margin stop outs.
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on March 23, 2017, 02:47:59 PM
If you are discipline enough, take it. Trade as usual according to plan and don't include those bonus on your money management. One or two or three months later, withdraw your money and see how much bonus you have cleared. It is free money, why not? I don't see any problem here with bonus. Trader himself not fit enough or bonus problem? You the one to decide, not the bonus to tell you what to do.

I couldn't agree more!

Thanks. But if someone want to take advantage on broker or trying on purpose to earn the bonus, forget about it. No free lunch in this world.
Title: Re: Bonus. Is it worth it?
Post by: Anton Devcich on March 28, 2017, 04:56:39 PM
The bonus is a big deal when choosing a broker , but it is very much difficult to use at any kinds of bonus offer that we get from our trading brokers.  So, we have to choose the broker which always ensures best trading environment for using any bonus offer devoid of any kinds of restrictions.
Title: Re: Bonus. Is it worth it?
Post by: diamond on April 19, 2017, 05:15:11 AM

Some new traders thin bonus is easy to use but sign up bonus or high % of bonus will be hard to use due to conditions that are applied by broker. I like less bonus that forums pay to traders , They are some how easy to use . I mainly use them in micro accounts.
Title: Re: Bonus. Is it worth it?
Post by: MadBob on April 20, 2017, 05:38:26 PM
A bonus is never worth it. A new trader should focus on their own strategy. Not about bonuses and meeting certain trading criteria
Title: Re: Bonus. Is it worth it?
Post by: Winjak on April 25, 2017, 03:56:23 PM
It would be interesting for me if someone has won big sums with bonuses? people??
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on May 09, 2017, 01:56:46 AM
A bonus is never worth it. A new trader should focus on their own strategy. Not about bonuses and meeting certain trading criteria

Why not worth? Give me some example why you think it is not worth. As I said, no free lunch in this world. Of course there must be meeting certain trading criteria to achieve withdrawing the bonus. But the purpose you trade not because of bonus I believe. So why can't you trade just as usual with the bonus, if there are any bonus you have cleared, withdraw with your profit. So what is the reason for not worth? I couldn't find one in fact.
Title: Re: Bonus. Is it worth it?
Post by: Paul.Trafford on May 09, 2017, 02:25:11 PM
A bonus is never worth it. A new trader should focus on their own strategy. Not about bonuses and meeting certain trading criteria

Why not worth? Give me some example why you think it is not worth. As I said, no free lunch in this world. Of course there must be meeting certain trading criteria to achieve withdrawing the bonus. But the purpose you trade not because of bonus I believe. So why can't you trade just as usual with the bonus, if there are any bonus you have cleared, withdraw with your profit. So what is the reason for not worth? I couldn't find one in fact.

I personally stay away from bonuses, because in my experience brokers with bonuses are usually market makers, but of course this is only my opinion. I am not sure what MadBob meant with ďA bonus is never worth itĒ
Title: Re: Bonus. Is it worth it?
Post by: Mason Margaret on May 28, 2018, 01:22:47 AM
There are many broker who are offering bonus. Bonus is always attractive. But trader need to check their broker because without regulated trading broker bonus is not able to use at all. My trading broker is FreshForex. They have given me 101% deposit bonus. I have quite enjoyed this huge bonus because I have fully availed this bonus as my broker is a regulated trading broker. This huge bonus are upon deposit.
Title: Re: Bonus. Is it worth it?
Post by: iMusingKiMi on June 09, 2018, 05:55:34 AM
A bonus is never worth it. A new trader should focus on their own strategy. Not about bonuses and meeting certain trading criteria

Why not worth? Give me some example why you think it is not worth. As I said, no free lunch in this world. Of course there must be meeting certain trading criteria to achieve withdrawing the bonus. But the purpose you trade not because of bonus I believe. So why can't you trade just as usual with the bonus, if there are any bonus you have cleared, withdraw with your profit. So what is the reason for not worth? I couldn't find one in fact.

I personally stay away from bonuses, because in my experience brokers with bonuses are usually market makers, but of course this is only my opinion. I am not sure what MadBob meant with ďA bonus is never worth itĒ

To me, you don't need to stay away. There must be certain T&C in the bonus, forget about it and trade according to plan. If they give free and you still can trade according to plan, why not?
Title: Re: Bonus. Is it worth it?
Post by: Eliza Abrams on August 10, 2018, 01:41:23 PM
It depends on the broker, the sum and the conditions of using it, I think. Personally, I avoid using bonuses.
Title: Re: Bonus. Is it worth it?
Post by: Nuadaris on May 03, 2019, 10:16:42 AM
There is one thing I do not like which is come with bonuses, that yes you can't withdraw it for sure and next that it will not be spend like it needed really. Bonus each own way and your money along with it other way, you can't control it too much I think;)
Title: Re: Bonus. Is it worth it?
Post by: Eliza Abrams on May 15, 2019, 02:37:06 PM
That's my problem too. Also, if you lose part of the bonus and you invest money you often can't withdraw your own investment that has topped up the part of the bonus that you've lost.
Title: Re: Bonus. Is it worth it?
Post by: nwboater on May 16, 2019, 12:41:29 AM
I've never used a broker that offers bonuses. Seems like a lot of game playing to me!

Cheers,
Rod
Title: Re: Bonus. Is it worth it?
Post by: Eliza Abrams on May 16, 2019, 05:16:19 PM
I've never used a broker that offers bonuses. Seems like a lot of game playing to me!

Cheers,
Rod

For how long have you been trading?
Title: Re: Bonus. Is it worth it?
Post by: nwboater on May 16, 2019, 06:46:53 PM
I've never used a broker that offers bonuses. Seems like a lot of game playing to me!

Cheers,
Rod

For how long have you been trading?

Hi Eliza,

About 10 years. Never any manual trading though - just EA's and Signals and last 9 months a portfolio at Darwinex.

BTW I enjoy reading many of your posts. You often impart a lot of wisdom! :)

Cheers,
Rod
Title: Re: Bonus. Is it worth it?
Post by: Eliza Abrams on May 17, 2019, 03:59:55 PM
I've never used a broker that offers bonuses. Seems like a lot of game playing to me!

Cheers,
Rod

For how long have you been trading?

Hi Eliza,

About 10 years. Never any manual trading though - just EA's and Signals and last 9 months a portfolio at Darwinex.

BTW I enjoy reading many of your posts. You often impart a lot of wisdom! :)

Cheers,
Rod
Thank you so much for the kind words! I am glad you enjoy the opinions I share! :D
Title: Re: Bonus. Is it worth it?
Post by: akev on December 21, 2020, 02:56:11 PM
Brokers that have proper regulation and the bonus offered by them is reasonable its okay to trade with such a broker.

Still, brokers that offer bonus on a regular basis are most likely to be scammers so trade with their demo account and check their spreads before deciding to trade with it.
Title: Re: Bonus. Is it worth it?
Post by: drunkfx on December 23, 2020, 04:14:11 AM
Brokers that have proper regulation and the bonus offered by them is reasonable its okay to trade with such a broker.

Still, brokers that offer bonus on a regular basis are most likely to be scammers so trade with their demo account and check their spreads before deciding to trade with it.

Not always the case. I've been trading with Hotforex for 6(!) years and they constantly offering some bonuses, demo contests, incentives for trading. They want to attract new traders but advertising that works for newbie and pro trader is of course different.
Title: Re: Bonus. Is it worth it?
Post by: Eliza Abrams on December 29, 2020, 05:10:00 PM
Where are they regulated?
Title: Re: Bonus. Is it worth it?
Post by: fxopen78 on December 30, 2020, 12:02:15 AM
Bonus is a material promotion to attract more trader joined, this not wrong way, but usually, there are certain strict rules regarding the bonus, better check rules bonus before taking it, if likely difficult to fulfil the requirement, the bonus is not worth, but if easy rules to withdraw profit bonus, its can worth
Title: Re: Bonus. Is it worth it?
Post by: drunkfx on January 04, 2021, 06:39:56 AM
Bonus is a material promotion to attract more trader joined, this not wrong way, but usually, there are certain strict rules regarding the bonus, better check rules bonus before taking it, if likely difficult to fulfil the requirement, the bonus is not worth, but if easy rules to withdraw profit bonus, its can worth

The only bonus I would try is no-deposit bonus, imo it has the best risk-reward ratio among all bonuses. The reward is zero but risk is 0, so you get best R/R for it and that's why it's definitely worth to try.
Title: Re: Bonus. Is it worth it?
Post by: Sebastian90 on February 02, 2021, 03:24:57 PM
Most traders know that bonus is a way to lure in traders, but there is always a catch to it, before deciding to trade with it check if the broker is regulated and what criteria is required to obtain the bonus because some are not even worth trying.
Title: Re: Bonus. Is it worth it?
Post by: Eliza Abrams on February 05, 2021, 03:42:38 PM
This is why serious regulators like the FCA ban bonuses (https://www.forexbrokerz.com/news/fca-capping-leverage-uk-forex-brokers) - they are nothing but a hook for the naive newbie traders that just get them in trouble.
Title: Re: Bonus. Is it worth it?
Post by: fxopen78 on February 09, 2021, 10:12:52 PM
Most traders know that bonus is a way to lure in traders, but there is always a catch to it, before deciding to trade with it check if the broker is regulated and what criteria is required to obtain the bonus because some are not even worth trying.
Bonus no deposit indeed attract many new users to try, but I think need to pay attention with the rules of bonus, some time to eligible withdraw profit need fulfilled certain requirements, let say broker offer bonus $5 no deposit, but to allow withdraw profit trader need to pay $7, so they need to make profit more than $7, but yes, no deposit bonus is free of risk.
Title: Re: Bonus. Is it worth it?
Post by: drunkfx on February 19, 2021, 07:05:11 AM
Well I use 100% credit bonus on fixed account from Hotforex to trade news, I use all available margin and take exceptionally high risk to make most from the trade so additional margin is quite helpful for me. For other cases I see bonus only as a harmful thing for trader.
Title: Re: Bonus. Is it worth it?
Post by: fxopen78 on February 28, 2021, 10:47:38 PM
Well I use 100% credit bonus on fixed account from Hotforex to trade news, I use all available margin and take exceptionally high risk to make most from the trade so additional margin is quite helpful for me. For other cases I see bonus only as a harmful thing for trader.
Sometimes bonus deposit is interesting if the company offer big bonus, usually bonus deposit just for add free margin, bonus unwithdraable, and some company has rules when trader makes the first withdrawn, hence bonus will be canceled, better read the term and use the bonus.
Title: Re: Bonus. Is it worth it?
Post by: Carlos55 on April 17, 2021, 03:01:13 PM
Yes, I agree with fxopen78 brokers that offer bonuses later cancel it because of something that was not said clearly to us, so before deciding to go with a bonus offering broker, it is better to read the terms and see if it's suitable.
Title: Re: Bonus. Is it worth it?
Post by: fxopen78 on April 18, 2021, 11:02:54 PM
Yes, I think so, reading term condition bonus is important before decided to take the bonus, because broker also giving bonus is for attracting all trader to at least trying their platform, but if already read rules bonus, at least we have early preparation later how to utilize bonus for trading purposes.