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Author Topic: Bonus. Is it worth it?  (Read 32442 times)

Offline MadBob

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Re: Bonus. Is it worth it?
« Reply #135 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

Offline Winjak

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Re: Bonus. Is it worth it?
« Reply #136 on: April 25, 2017, 03:56:23 PM »
It would be interesting for me if someone has won big sums with bonuses? people??

Offline iMusingKiMi

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Re: Bonus. Is it worth it?
« Reply #137 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.

Offline Paul.Trafford

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Re: Bonus. Is it worth it?
« Reply #138 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 A bonus is never worth it

Offline Mason Margaret

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Re: Bonus. Is it worth it?
« Reply #139 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.

Offline iMusingKiMi

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Re: Bonus. Is it worth it?
« Reply #140 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 A bonus is never worth it

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?

Offline Eliza Abrams

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Re: Bonus. Is it worth it?
« Reply #141 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.

Offline Nuadaris

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Re: Bonus. Is it worth it?
« Reply #142 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;)

Offline Eliza Abrams

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Re: Bonus. Is it worth it?
« Reply #143 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.

Offline nwboater

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Re: Bonus. Is it worth it?
« Reply #144 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

Offline Eliza Abrams

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Re: Bonus. Is it worth it?
« Reply #145 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?

Offline nwboater

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Re: Bonus. Is it worth it?
« Reply #146 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

Offline Eliza Abrams

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Re: Bonus. Is it worth it?
« Reply #147 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

Offline akev

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Re: Bonus. Is it worth it?
« Reply #148 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.

Offline drunkfx

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Re: Bonus. Is it worth it?
« Reply #149 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.

 

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