Welcome 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?

All brokers, except RoboForex.

Continue Reading at USD30 Welcome Bonuses by Forex Brokers in 2023

The welcome bonus comes with its advantages:

• It is a source of additional financing for traders, especially those who cannot afford a large deposit.
• The funds from the bonus can be used to cover slippage or losses that the trader may incur while trading.

Continue Reading at Top Forex Welcome Bonuses in 2023

When choosing a bonus option for depositing funds, traders should focus more on the reliability of a broker and less on the size of the bonus.

Opening a forex trading account with a regulated broker that has a small percentage of deposit bonus is better than opening an account with an unregulated broker offering a large percentage of deposit bonuses.

Because it is highly likely the trader will experience problems when trying to utilize the bonus.

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