Pepperstone Bonus

1. Apply for the promotion
   • Make an Account
   • Check Your Trading Account
   • Visit the Promotional Link
   • Use the Trade for Rewards Button
   • Make the Necessary Deposit
2. Claim the prizes
   • Go to your trader room's "Trade for Rewards" widget. This widget allows you to access the prize claim process.
   • You will see a list of eligible accounts if you meet the criteria and qualify for a prize. Choose the account where you want your prize to be deposited.
   • After you've chosen an account, click the "Claim Prize" button to begin the prize claim process.

Continue Reading at USD5,000 Prizes for Nigerian Traders Available in Forex4you

The moment you consider it as free money from the broker, you'll be trading carelessly and tend to forget that you're losing some real money if you fail to win the trade.

It can lead to a bad habit that affects you in the long term, so it's better to always consider the no deposit bonus as your own money.

Continue Reading at Forex Deposit Bonus: 5 Things Every Trader Should Know

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

1. Be realistic and remember that bigger doesn't always mean better
2. Pay attention to every term that comes with the no deposit bonus
3. Trade the bonus like you are using your own money
4. If they allow you to withdraw profits anytime, don't be afraid to take advantage of this policy
5. Even when you are using a no deposit bonus, it's better to have a carefully planned trading strategy

Continue Reading at How to Maximize Your Forex No Deposit Bonus