yogeshwartyagi Posted January 7, 2011 Posted January 7, 2011 There are several brokers who give some free money when you join and you can trade with that money Though you can only withdraw the profit generated from bonus. E.g. Marketiva give 5$ bonus to join and same 5$ is given by forexcent To make guaranteed profit from this bonus you join at least two such programs and choose a currency pair and in one account your go long and in other short whicheverway market goes you loose in one account and earn in other - ultimately you make good profit and you can withdraw it. Quote
hyipreviewblog Posted January 8, 2011 Posted January 8, 2011 Yes..I think you can make profit with this one but you still don't learn anything about forex..so I think the best way you use that bonus is to trade in good strategy so you can learn how to trade on forex industry with free money...after that maybe you can invest some money and make big proftis with it... Quote
mownabratadey Posted January 10, 2011 Posted January 10, 2011 Yea, it's great features that almost every brokers give atleast 5$ for registering purpose. And sometimes by contest or offer brokers are also paying 50$-100$ for just posting in their personal forum.. Now a offer running which pays us 100$ for OKPAY customers just by signing up... But it needs to verify by real documents.. But I like this type of offers... Quote
Legendkid Posted January 13, 2011 Posted January 13, 2011 I don't fancy any thing that goes through the processing of offline documents.rather i prefer if it should be by sending email containing the document rather the one that requires mail and can take up to 3days to 1week to get that,i don't even know how to trade with forex,but since life's by learning,i know i trade forex in the coming days. Quote
boniez Posted January 13, 2011 Posted January 13, 2011 indeed many brokers who give bonuses lately, because they think it will increase profits if it gets a lot of traders, and early yesterday UWCFX broker offers $ 100 free at OKpay account without deposit, but the docments required i quite troublesome Quote
yogeshwartyagi Posted January 18, 2011 Author Posted January 18, 2011 Yup they called me to verify my phone account And asked to send id proof and utility bill image to get verified But i am not interested in sending documents as the company is not registered in my country and i fear that these documents may be misused. Quote
t2t Posted January 19, 2011 Posted January 19, 2011 There are several brokers who give some free money when you join and you can trade with that money Though you can only withdraw the profit generated from bonus. E.g. Marketiva give 5$ bonus to join and same 5$ is given by forexcent To make guaranteed profit from this bonus you join at least two such programs and choose a currency pair and in one account your go long and in other short whicheverway market goes you loose in one account and earn in other - ultimately you make good profit and you can withdraw it. Do you practice this yourself? I think if it is possible to gain whichever way the market goes most people who trade forex will always be in profit, so i find it out to agree with your concept. Quote
boniez Posted January 22, 2011 Posted January 22, 2011 actually, I really do not like the broker that is too cumbersome and requires us to provide some documents, somehow things like that are necessary to ensure the truth of those broker Quote
mownabratadey Posted January 22, 2011 Posted January 22, 2011 I think, every brokers are paying us a percentage of bonus on our deposit to the real account, It's amazing offers by those admin as they's earning from our every trading so that's the reason for paying that bonuses.. But it also convince us to invest another deposit if it goes with loss... I like this type of free bonus also.. Quote
Legendkid Posted January 22, 2011 Posted January 22, 2011 Many brokers offer some bonus,some bigger than others.But what will this brokers loss anyway?Do we need to deposit before we can withdraw our profit from the bonus offers? Quote
indieover Posted February 14, 2011 Posted February 14, 2011 yes the verification process is really hard. i submitted lot of different id's. scanned in colored copy. but none was approved. now that bonus is over, i have no chance to get the bonus any more. they have not bothered to call me at all. though i have provided them my phone number. Quote
sirwilly Posted February 16, 2011 Posted February 16, 2011 If the broker gives free money especially if it's a huge deposit, then you should expect the process will be rigorous and be prepared for it. Nothing interesting comes easy, as we say. Quote
yogeshwartyagi Posted February 20, 2011 Author Posted February 20, 2011 Many brokers offer some bonus,some bigger than others.But what will this brokers loss anyway?Do we need to deposit before we can withdraw our profit from the bonus offers? Not necessarily all broker ask you to deposit any money before withdrawing - though no one allows to with the bonus itself What you are allowed is the profit you made using this bonus. E.g. Forexcent gives 5$ bonus but after trading if you made 1$ profit you can withdraw it, though it take quite effort to earn 1$ with only 5$ bonus as the leverage provided by them is quite low. Quote
sirwilly Posted February 20, 2011 Posted February 20, 2011 I still think it is fair enough that the broker lets us withdraw the profits we make from the free deposit. I have been awarded a couple of accounts like that and I made a good sum from them at the end of the day. Quote
boniez Posted February 22, 2011 Posted February 22, 2011 I still think it is fair enough that the broker lets us withdraw the profits we make from the free deposit. I have been awarded a couple of accounts like that and I made a good sum from them at the end of the day. exactly once, because in fact the broker also benefited from the bonus that given by them ... because if many traders who use the bonus, then the broker will also benefit from the spread obtained. so it was natural for them Quote
andry777 Posted March 2, 2011 Posted March 2, 2011 I knew that some brokers will give us welcome bonus so we could make some profits through those welcome bonus as our capital. I think that will be nice if we are trading without any money spends from our own pockets. We could take some bucks without risking anything. Quote
boniez Posted March 2, 2011 Posted March 2, 2011 I knew that some brokers will give us welcome bonus so we could make some profits through those welcome bonus as our capital. I think that will be nice if we are trading without any money spends from our own pockets. We could take some bucks without risking anything. yups, i like too, altough it just bonuses, but surely we could get the profit and change to the real money,,, i prefer to join in broker that provide bonus thorough active in their forum Quote
silenteyes Posted March 5, 2011 Posted March 5, 2011 Ofcorse, the bonus we will get should not be underestimated because we can make real profit on that bonus. You don't need to invest from your pocket and if you are good you can grow that bonus more and more and enjoy the profits. Quote
Nikhil Posted March 6, 2011 Posted March 6, 2011 welcome bonus is definitely very attractive for newbie and experience trader too. i got many time this bonus and also make money which i withdraw and lost too. but most of the welcome bonus have some condition that we need complete some specified lots or etc etc but its great for us. Quote
Legendkid Posted March 7, 2011 Posted March 7, 2011 I think it's better to go to those brokers that offer bonus but without much rules and laws.This bonus helps us to trade forex without our real cash,and then,if we're lucky,we can make profit with this offer bonus and then withdraw them.that's a good idea Quote
Nikhil Posted March 8, 2011 Posted March 8, 2011 @legendkid i think which broker are offering good amount of bonus means not less $100 there is some restriction of lot completion and we need to do that before withdraw profit . but its true some offering less restriction to withdraw profit . but i think both are good when it bonus money . just take and trade. Quote
wasi90lkv1 Posted March 8, 2011 Posted March 8, 2011 i think it is not a bad idea to choose a broker where you can get a very good deposit bonus. but you have to make sure that the broker has a good reputation. i believe a lot of forex brokers offer bonuses nowadays. Quote
yogeshwartyagi Posted March 8, 2011 Author Posted March 8, 2011 Yeah there are lot of brokers which are giving bonus for opening a new account though bonus is not withdrawable but profits made on bonus are usually withdrawable. There is nothing wrong in taking advantage of bonus and trading using it as we have little to loose when we trade using bonus. Quote
boniez Posted March 11, 2011 Posted March 11, 2011 of course, now that competition between brokers began tight, so many of those who give massive bonuses to attract traders, I think between insta and lite4x almost have similarities in gives bonuses Quote
boniez Posted March 11, 2011 Posted March 11, 2011 of course, now that competition between brokers began tight, so many of those who give massive bonuses to attract traders, I think between insta and lite4x almost have similarities in gives bonuses Quote
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