riddick09 Posted November 25, 2011 Share Posted November 25, 2011 It seems that i cannot used the 5 dollars free bonus in the forex trading i need a little more deposits perhaps 10 dollars. Because i am trying to trade in demo using that 5 dollars and giving me only one chance to open a position. Quote Link to comment Share on other sites More sharing options...
yogeshwartyagi Posted November 27, 2011 Author Share Posted November 27, 2011 It seems that i cannot used the 5 dollars free bonus in the forex trading i need a little more deposits perhaps 10 dollars. Because i am trying to trade in demo using that 5 dollars and giving me only one chance to open a position. I think you are mistaken friend! demo accounts are like real account while if you trade using 5$ in cents account you can open several positions. Remember .01 lot in real account will be 10 times more than .1 lot in cents account. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted November 29, 2011 Share Posted November 29, 2011 I think you are mistaken friend! demo accounts are like real account while if you trade using 5$ in cents account you can open several positions. Remember .01 lot in real account will be 10 times more than .1 lot in cents account. But i have tried it in demo using leverage 1:500 and for the 5 dollar deposit with 0.01 lot i can only have open a position. Then when i try to have second position with different pair will prompt me the not enough money. Quote Link to comment Share on other sites More sharing options...
budado Posted December 7, 2011 Share Posted December 7, 2011 But i have tried it in demo using leverage 1:500 and for the 5 dollar deposit with 0.01 lot i can only have open a position. Then when i try to have second position with different pair will prompt me the not enough money. Just wondering what is your margin? is it 100% or 50% or 25%? Is that is the case. I'm 100% sure that before that trade you make a loss right? Because if you make a loss lets say 10% of your funds and your margin limits is 10% also. that means you have zero margin left even though you have funds yet. Quote Link to comment Share on other sites More sharing options...
luke1 Posted January 28, 2012 Share Posted January 28, 2012 Mostly on some broker companies, we can not withdraw the bonus. The bonus is only used, so, our account can sustain longer and also do not need to get the Margin Call. The bonus is covering the Margin Call Quote Link to comment Share on other sites More sharing options...
bringpeace Posted January 29, 2012 Share Posted January 29, 2012 Mostly on some broker companies, we can not withdraw the bonus. The bonus is only used, so, our account can sustain longer and also do not need to get the Margin Call. The bonus is covering the Margin Call yes, i don't like use welcome bonus. In policy of broker we must close some lot's until we can withdraw our welcome bonus. If we didn't enough o withdraw it, we can withdraw full our profit because in our profit any welcome bonus Quote Link to comment Share on other sites More sharing options...
monyitomon Posted January 29, 2012 Share Posted January 29, 2012 Just like in FBS they have 5 dollars Bonus, i haven't traded mine yet BUT i already have the bonus in my account. After you upload the necessary documents verification you will get the Bonus as soon as the Uploading have done. Quote Link to comment Share on other sites More sharing options...
rexway Posted February 3, 2012 Share Posted February 3, 2012 No wonder I wanted to withdraw the bunos given to me from my broker but I was unable to,so the profit is what i should be taking from them not the bunos.ok.what an informative post. Quote Link to comment Share on other sites More sharing options...
pinoycity Posted February 4, 2012 Share Posted February 4, 2012 These brokers who give welcome bonuses will not really allow a member to withdraw this bonus. If they will allow this one, they will lose a lot of money as many will try to avail of this bonus. Quote Link to comment Share on other sites More sharing options...
adnan007 Posted March 21, 2012 Share Posted March 21, 2012 Welcome bonuses are surely profitable but at the same time contains some terms to withdraw those free bonuses which is normally in the fore of withdrawal bonuses or a fixed lot size which when achieved by the trader can help him withdraw the welcome bonus offered by the forex broker. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted March 21, 2012 Share Posted March 21, 2012 Yes, there is what you call conditions when withdrawing the funds. But then for me it is not that profitable for newbies in forex as they will thought using that will be easy for them to earn using bonus only. I doubt also that forex brokers will profitable to have thousand dollars welcome bonus will be good. Quote Link to comment Share on other sites More sharing options...
adnan007 Posted March 26, 2012 Share Posted March 26, 2012 Yes, there is what you call conditions when withdrawing the funds. But then for me it is not that profitable for newbies in forex as they will thought using that will be easy for them to earn using bonus only. I doubt also that forex brokers will profitable to have thousand dollars welcome bonus will be good. Â lols... Forex brokers offers welcome bonuses just to attract members. It is just a part of their promotion and nothing to do with helping the traders earn through the bonus. Such bonuses only addict the newbies to invest their own money in Forex and most probably loose out those funds in the end ending up with the broker to earn profits. Quote Link to comment Share on other sites More sharing options...
flybiz08 Posted March 28, 2012 Share Posted March 28, 2012 That's right and you must know that most traders who clamour for such bonuses do not know how to trade. Even for those who do to some extent, these brokers make all sorts of rules to make sure that the traders does not withdraw that money by asking the trader to trade and make profits before withdrawal can be made. Quote Link to comment Share on other sites More sharing options...
rexway Posted April 4, 2012 Share Posted April 4, 2012 @Adnan I dont realy think that you are correct ,because some broker normally allow the use of those bunos for trading and profit generating from there can be withdraw to a payment processor this help the newbie who dose not have sufficient money in his account to invest with litle amount. Quote Link to comment Share on other sites More sharing options...
monyitomon Posted April 4, 2012 Share Posted April 4, 2012 There are various forms of Bonuses which offers by Forex broker like when you deposit 100 dollars you will get 30% bonus. Also when just simply signing up then verifying your identity, you will already receive a bonus for that. Quote Link to comment Share on other sites More sharing options...
pepy Posted April 4, 2012 Share Posted April 4, 2012 some brokers offer the free money for members to start trading, and i think nothing bad with that things, and it will make the newbie or the people who just opened the account trying to trade in that brokers and i think that is only to attract the members to make more deposit too Quote Link to comment Share on other sites More sharing options...
monyitomon Posted April 5, 2012 Share Posted April 5, 2012 Of course, there is nothing bad with that because it is a bonus. It will be an opportunity for newbies to have a bonus because when we are only trading a bonus, it doesn't seem to be that frustrating when you lose in a trade because that is just a bonus. Quote Link to comment Share on other sites More sharing options...
charlly007 Posted April 25, 2012 Share Posted April 25, 2012 I honestly love the free bonus that the forex brokers we have today are giving out to their customers.Though i don't like the fact that they cannot be withdraw out.Liteforex is given the highest bonus i have ever seen and i think they are the best.You have the option to choose the kind of bonus you want. Quote Link to comment Share on other sites More sharing options...
antthenait Posted May 1, 2012 Share Posted May 1, 2012 Yes, it is true that some broker give some little money for start our trading. But we have to remember that they just give this amount for such promotion. so need to utilize that bonus after follow their ToS. Because if we do not follow their rule then that bonus will become virtual. Most of the time we can use that bonus for make trade but only our profit amount will be withdrawn. Quote Link to comment Share on other sites More sharing options...
monyitomon Posted May 1, 2012 Share Posted May 1, 2012 Well, we all love bonuses that's why many Forex broker are offering a bonuses. Yeah! It's right that it's a promotional in forex broker part but in our part that is a bonus that we can use in trading and the profit can be withdrawn. Quote Link to comment Share on other sites More sharing options...
budado Posted May 2, 2012 Share Posted May 2, 2012 Problem of bonuses is that its expires. So if you don't know how to use it you can't earn from it. That's why its very important that we trade aggressively if we have bonuses because theirs two way to loss our bonuses. One in trading, two in expiration. Right now one of my account in liteforex has been closed because the bonus that I have expires already. its frustrate me becuase I thought bonuses will last forever. Quote Link to comment Share on other sites More sharing options...
Sixteen Posted May 3, 2012 Share Posted May 3, 2012 Actually those bonuses helps to encourage especially we newbies to strat off trading in forex by not investing form our pocket. But we can see in many cases as the newbies tends to loose it all sonner or later and might be attracted to invest. Its just a promotional stuff from the brokers to attract investors in forex Quote Link to comment Share on other sites More sharing options...
rizal83 Posted October 12, 2012 Share Posted October 12, 2012 it was a very reasonable thing for any broker to promote so many are attracted by the broker and the broker will use to trade and I think it will not hurt us at all because the bonus is we can save costs for our trading and can produce advantage of the bonuses that have been supplied by the broker and that is definitely a bonus it will help the traders who have run out of money to trade Quote Link to comment Share on other sites More sharing options...
monyitomon Posted October 12, 2012 Share Posted October 12, 2012 It's a big encouragement because one can experience trading when they register in some Forex broker giving a bonus so when they installed the platform then they can use the bonus to trade right away, but of course it's just for experience if you can earn profit it's just an extra. Quote Link to comment Share on other sites More sharing options...
rizal83 Posted October 12, 2012 Share Posted October 12, 2012 Â lols... Forex brokers offers welcome bonuses just to attract members. It is just a part of their promotion and nothing to do with helping the traders earn through the bonus. Such bonuses only addict the newbies to invest their own money in Forex and most probably loose out those funds in the end ending up with the broker to earn profits. actually a welcome bonus offered by brokers are very useful for beginners in terms of mental exercise their trade without having to spend their own capital if the starters were aware of it and the bonus is indeed very helpful at all traders who suffered a great loss and a capital bonus can be help traders who do not have the capital to resume trading Quote Link to comment Share on other sites More sharing options...
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