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Do You Need A bonus From Broker


TenkoFx

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Yes, bonuses are used by brokers to entice customers, but they are also very helpful. It eliminates the need to use leverage especially for beginners, thus limiting the risk. It is also great to have access to additional capital which may result to bigger potential profits. But bonus is not necessarily a must. Still, it is indeed very helpful to be offered some. When I created an account with Trade12, I planned to try leverage because I have very little capital. The idea of having greater capital is very tempting. Luckily, my broker stopped me from doing so by offering 50% deposit bonus. For me it is already enough. I actually nearly blew my first account so it's just great that I didn't use leverage at that time.

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  • 3 weeks later...
  • 3 months later...

No need in real scenario but if that broker is reputed broker and also want to offer me nice sum of bonus without any hidden rules except i can't withdraw the money but profit where i can use that bonus just for trading, with all of my pleasure i will take the bonus and use it to the fullest. But most bonus have its own hidden agendas and rules.

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  • 2 weeks later...

Extra is always preferable to everyone. But getting the extra does not mean that one should forget the principal source of earning. I am feeling happy to receive bonus but not the expense of real facilities. Bonus is such an extra earning of forex trading that is provided by our broker. So we traders should give concentration of the basics of forex trading facilities like spread, leverage, executions of trade orders, regulations, etc. while selecting the trading platform. Ultimately, the degree and effectiveness of facilities will lead to a comfortable trading journey.

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I have seen many people who took bonus go looking for extra money. That is one reason I don't like free money. If we want to be in the market for a long term then we should be working on a profitable strategy and not go looking for free money. Others may disagree with me but it is my view about free money.

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