radex78 Posted June 6, 2023 Share Posted June 6, 2023 Bonus from a broker usually has certain rules and not all beginners easily can fulfill all rules to be eligible to withdraw a profit bonus, when beginners are interested to take a bonus with no deposit even in big numbers, better check and make sure the term and conditions are easy. Quote Link to comment Share on other sites More sharing options...
Ritesh.R Posted June 9, 2023 Share Posted June 9, 2023 I have a better option: instead of searching for brokers that provide bonuses, it is better to use a broker that can have an advantage during trading. For instance, I use FP Markets mainly for scalping since the spreads drop to 0.0 pips in EURUSD and the commission is $3 per lot, which is lower than most ECN brokers I have come across. Quote Link to comment Share on other sites More sharing options...
radex78 Posted June 11, 2023 Share Posted June 11, 2023 The key success in forex trading is has profitable trading strategy, how to becomes profitable trader is not easy at all, it depends to the skill of traders, I see in the contest FTC 2023 forexcup.com the first rank accumulated profit more than 500%, meanwhile he ever god 600%, it is means result from trading is unstable, sometimes up and down like the chart itself. Quote Link to comment Share on other sites More sharing options...
Hudson Posted June 13, 2023 Share Posted June 13, 2023 It is better to avoid using any broker that provides bonuses because they either have a condition to be met, and I suggest using proper regulated brokers like Vantage or FP Markets that provide good trading conditions. Quote Link to comment Share on other sites More sharing options...
radex78 Posted June 14, 2023 Share Posted June 14, 2023 Bonus no deposit attract many newbies to start using the platform trading, however, they need to learn the term and condition to be eligible to withdraw a bonus, often a number of bonus is just tricky because need to make a certain deposit and fulfill certain position size to be eligible withdraw profit bonus. Quote Link to comment Share on other sites More sharing options...
Kennith.Ric Posted June 19, 2023 Share Posted June 19, 2023 It is better to avoid trading with brokers that provide bonuses because bonus brokers have a catch to obtain the bonus, and some use it as a method to scam and lure in new traders. Using regulated brokers such as CMC or FP Markets is a better option because they have regulation from govt bodies and provide robust trading conditions. Quote Link to comment Share on other sites More sharing options...
nanamage Posted June 19, 2023 Share Posted June 19, 2023 I really enjoy trading with Freshforex Broker, which offers a tradable deposit bonus promo and also a new welcome bonus. Quote Link to comment Share on other sites More sharing options...
RodriJames12 Posted June 22, 2023 Share Posted June 22, 2023 I do not mind if the broker does not provide any bonuses because I look for good trading conditions and reliability, like at FP Markets. The commission cost is lower at $3 per lot, with spreads starting at 0.1 pips, and since it is regulated by ASIC, they adhere to strict capital requirements, so there is no room to worry about the money. Quote Link to comment Share on other sites More sharing options...
RodriJames12 Posted June 22, 2023 Share Posted June 22, 2023 I do not mind if the broker does not provide any bonuses because I look for good trading conditions and reliability, like at FP Markets. The commission cost is lower at $3 per lot, with spreads starting at 0.1 pips, and since it is regulated by ASIC, they adhere to strict capital requirements, so there is no room to worry about the money. Quote Link to comment Share on other sites More sharing options...
James Mcgrant Posted July 14, 2023 Share Posted July 14, 2023 I have to agree with the above post; it is true that using a bonus broker is not that safe because they are not regulated and do not have a proper customer service team to guide you through the bonus offer. Quote Link to comment Share on other sites More sharing options...
radex78 Posted July 18, 2023 Share Posted July 18, 2023 Read the term and conditions before taking a bonus as your main goal to join the broker, many new traders fall into the trap because of misunderstanding, sometimes the broker offers a fantastic bonus but to make money from its bonus very very difficult because needs filled all tasks provided. Quote Link to comment Share on other sites More sharing options...
bigxy Posted July 21, 2023 Share Posted July 21, 2023 Yes i guess you are right everyone need to go through the terms and conditions before availing any bonus. Quote Link to comment Share on other sites More sharing options...
radex78 Posted July 25, 2023 Share Posted July 25, 2023 Reading the term and conditions regarding bonus is essential, if likely easy to make a profit from bonus, hence no problem to try out, however if likely very difficult to make a profit from bonus, leave it rather than confuse Quote Link to comment Share on other sites More sharing options...
jamante Posted July 26, 2023 Share Posted July 26, 2023 I trade at hfm i believe there is a 30 no deposit bonus, but yes one need to understand the term that comes with it to avoid the confusion. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted January 23 Share Posted January 23 On 7/26/2023 at 2:33 PM, jamante said: I trade at hfm i believe there is a 30 no deposit bonus, but yes one need to understand the term that comes with it to avoid the confusion. We must try to use the trading based funds so that our income can also get increased. Quote Link to comment Share on other sites More sharing options...
pandabox Posted March 30 Share Posted March 30 I don't recommend these no-deposit bonus but if it's a genuine broker then you can try it out, remember to check T&C. Quote Link to comment Share on other sites More sharing options...
bigxy Posted April 1 Share Posted April 1 When we have trust in our own trading capabilities then we can go with our own funds rather than claiming bonuses from any broker. Quote Link to comment Share on other sites More sharing options...
instantorder Posted April 6 Share Posted April 6 I truly think these no deposit bonus are for getting started with a broker or test out features/strategy. You cannot make money without spending money. Quote Link to comment Share on other sites More sharing options...
jamante Posted April 6 Share Posted April 6 becarefull of these no deposit bonuses, not all are in you advantage, though im not sure if HFM still offers a 30 no deposit, these most of the time are simply used to test the live markets. and i usualy trade with no bonuses Quote Link to comment Share on other sites More sharing options...
boltushkin Posted September 17 Author Share Posted September 17 I do not mind if the broker does not provide any bonuses because I look for good trading conditions and reliability, like at HFM The commission cost is lower at $4 per lot, with spreads starting at 0 pips, and since it is regulated by FCA, they adhere to strict capital requirements, so there is no room to worry about the money. Quote Link to comment Share on other sites More sharing options...
bigxy Posted October 23 Share Posted October 23 Exactly this is the point, traders with real skills look for trade conditions rather than bonus offerings since bonuses always come up with certain terms and conditions so if anyone still looking for bonuses they better read those terms before availing such bonuses. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted October 26 Author Share Posted October 26 On 6/7/2023 at 1:49 AM, radex78 said: Bonus from a broker usually has certain rules and not all beginners easily can fulfill all rules to be eligible to withdraw a profit bonus, when beginners are interested to take a bonus with no deposit even in big numbers, better check and make sure the term and conditions are easy. HFM used to offer no-deposit bonuses, though I’m not sure about the current situation. However, there’s little point in getting accustomed to no-deposit bonuses; if there’s no sense of loss, there’s a high risk that irresponsible trading will become ingrained, which could backfire later when trading with your own funds. Quote Link to comment Share on other sites More sharing options...
bigxy Posted November 4 Share Posted November 4 Trading only backfire when we prone to high risks and does not know what we are doing. This usually happens to the new traders who join this marketplace and treat the trading business as gambling. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted November 7 Author Share Posted November 7 On 11/4/2024 at 9:12 PM, bigxy said: Trading only backfire when we prone to high risks and does not know what we are doing. This usually happens to the new traders who join this marketplace and treat the trading business as gambling. Yeah that's why I keep my leverage with HFM low, at 1:50, and prefer slow but steady gains over large and fast ones. This approach helps to promote discipline and avoid large swings in equity which is often seen as bad indicator of trading performance. Quote Link to comment Share on other sites More sharing options...
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