BusinezzTime ©

BusinezzTime ©

zondag 25 januari 2015

7. What about.. promotions at (forex) brokers?!

Dear fellow traders,

Today I will tell you some facts about these nice bonuses that you get when you start trading with some (forex) brokers like www.markets.com or www.caesartrade.com 400%!. But what's behind this bonuses? Why do they give these?

The fact is, brokers earn their money when you execute trades, hold your trade go over the weekend, commissions, fees, and sometimes even commissions (some percentage of the winning of your trades!).




Brokers will try to help you, some with signals for positions, and expert advisors. They want to keep you as long as possible, so it's not true that a broker would like to see you go. (This might not be totally true, because I heard that some brokers place the opposite order of what you do!). 

Last week I saw this page where all (forex) brokers were listed who had competitions, or non-deposit bonuses. But these bonuses can't in most common situations, not been withdrawn. At some brokers there is the possibility to withdraw the profit you made with the account such as Markers and Forexyard. But most company's will try to keep the equity on the platform, so you will keep trading with them.

It is lucrative to register at those brokers for a non-deposit bonus, you can not only test their platform for free, but also check their commissions, executions times, support and terms and conditions. Besides this, some (forex) brokers also have some forums where you can ask for signals.


Take a look at this site, it's quite a good view of the sites that have these kind of free money. I would recommend to look at the terms and conditions of these non-deposit forex bonuses, because you will need to trade quite a bit of lots to be able to withdraw the money. 

Some trades do also give bonuses on (first) deposits. This is just a kind promotion they have. But when brokers will offer you more as 50% bonus, there might be something from, please keep that in mind. Because, why would they offer this to you?! The only way to earn this back is to charge you really high commissions or fees. 

I do, and so should you, read the terms and conditions about the broker. This is a serious business, and you need to take it seriously, its real money, and sometimes a lot either. 

If you have any questions, about bonuses, how I did some things, or what sites I used for the bonuses, you can contact me below or on the right side. 

You are always welcome to ask me about brokers, and any experience I have with them and I will try to do the best as possible for you as well. 

Have a nice trading week ahead! Next time I will tell you one of my secrets about.. where to get good and free Forex signals!


Vince Roestenburg

1 opmerking:

  1. I agree. Forex no deposit bonus is a great way to start trading with real account. It is much better than demo.

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