Forex trading and forex bonus are like two sides of the same coin. When one talks about that business, the first question that comes to mind is what type of bonus the particular broker offers.
Every investor at any point of time invests for profits and hence, the word “bonus” attracts one’s attention right away.
There are a number of bonuses offered by the top brokers today and to name a few, we have the deposit bonus, the no deposit bonus, the trading bonus and some special bonuses as well along with drawings, demo and real contests.
Getting started in the forex business is surely not an easy game. One needs to take utmost care to make sure that the broker is a genuine one and has a good reputation in the market. Research into the various offers provided by the different brokers is also important as it directly affects the profits in the long run. However, when one initially jumps into the trade, the attraction is mainly the deposit bonus. Some brokers call it the welcome bonus as well.
Deposit bonus is offered by almost every broker in the forex market. To name just a few, the top most brokers today are eToro, AvaFx, FXCM and InstaForex, among which AvaFx gets the highest rank according to the latest reviews.
This type of bonus is offered by brokers in order to attract more and more investors with real accounts.
Usually, when one deposits some money into the trading account, one gets eligible to get the deposit bonus. Some brokers offer a fixed amount as a bonus and some offer a fixed percentage depending on the deposit made.
This is directly proportional to the initial deposit and is applicable only once, whether it is per person, per account or per household.
The deposit bonus helps in improving the chances in forex as this money in a way serves best to add to the initial account balance. This in turn helps one start the live trading account with confidence and a level of assurance as well.
The fixed and guaranteed amount of the bonus offered by the brokers helps one get more people into their trade and enlarge their trading community. The best part is that there is no catch to it. Just get a real account opened and get eligible for the deposit bonus with submission of just a few necessary documents. Isn’t that great?
The structure depends on the initial deposits and varies from company to company. As there is cut throat competition, every broker wants to launch attractive bonuses. From time to time, companies offer this bonus to attract as many new customers as they can.
Hence, one must keep a track of the promotions the forex brokers advertise regarding the deposit bonus. This helps in trading in the long run and is excellent for experienced investors as they always want more for their money.
A newbie also can take advantage the same way as the experienced investors. Start your first positions with the deposit bonus and move along to earn profits in the long run.