MidasFX Bonus

A deposit bonus is much better because rebates are not of great use to traders. While rebates may look appealing, most times, they are merely proportional compensation for the expenses incurred when trading.

Usually, the size of a rebate tends to be small which means trading with a broker that provides rebates allows the trader to essentially save just a small part of his/her funds.

On the other hand, a deposit bonus provides a much more significant benefit with deposit bonus offers ranging from 10% to larger figures of up to 100%, although with deposit bonuses, traders also have to be careful because bigger is not always better.

Continue Reading at Rebate or Deposit Bonus, Which One is Better?

If the rules don't match your trading plan, then don't sweat it and move on. There's no use in chasing those bonuses while you sacrifice your well-thought strategy. You may end up trading uncomfortably or even more likely to get losses.

Continue Reading at How to Successfully Use a Forex Broker Bonus

Using forex bonuses in a leveraged account is indeed possible.

Let's say you have $1,000 in your account balance. Since the maximum leverage is 1:100, then for every $1,000 in your account, you can trade up to $100,000 in value.

Now if you receive some bonus from your broker and end up increasing your balance to $2,000, then that means you will be allowed to open a position of up to $200,000 in size. 

Continue Reading at Should You Trade Bonus on a Leveraged Account?

A forex deposit bonus is a bonus that is closely linked to the deposits made by a trader and it is available to all clients of the broker offering such a promotion.

Continue Reading at Rebate or Deposit Bonus, Which One is Better?