Myma Fx Bonus
Bonus | Status | |
Myma Fx | 35% Tradeable Bonus | active |
Why do bonus withdrawal requirements sometimes not make sense?
Let's say you just signed up for a no deposit bonus program and got a $100 free capital. You then use it to trade and earn a $25 profit. What is the so-called bonus profit? The correct answer, of course, is $25.
If you want to draw the $100 bonus, there will be more requirements that are usually hard to comply with.
For example, to withdraw the bonus, you have to trade this lot before the bonus term ends:
(bonus amount) x 3 lots
So if the reward you get is $100, then you need to trade 300 lots!
Such a huge trading size is not ideal for retail traders aiming for trading with minimal risk. If you end up pushing yourself, more often than not you'll get a margin call first before hitting the 300 lots required.
Continue Reading at How to Avoid Bonus Withdrawal Problems
Why are trading contests better than broker bonuses?
Because it is held as a competition, prizes can only be awarded to winners who are entitled to receive them. And to appreciate the winners' effort, brokers put little to no restrictions when it comes to the rewards' claiming.
Furthermore, you can get invaluable trading skills and experience from competing with other traders.
Continue Reading at How to Avoid Bonus Withdrawal Problems
When does the Forex4you $5,000 bonus period expire?
The Trading Reward Promotion has a time limit and will end on June 30, 2023.
Continue Reading at USD5,000 Prizes for Nigerian Traders Available in Forex4you
Which brokers offer the best forex welcome bonuses in 2023?
- XM: 100% welcome bonus and $30 no deposit bonus.
- Tickmill: $30 welcome bonus for traders registering in a special account.
- OANDA (BVI): Up to $5,000 welcome bonus.
- FP Markets: $30 welcome bonus for MT4 standard account.
Continue Reading at Top Forex Welcome Bonuses in 2023