I firmly believe that you are confused when too many programs offer compelling or otherwise the bonus programs are advertised everywhere. How to find the best forex bonus for yourself? If you are really wondering about this. Exactly, this article is for you.
SYNTHESIS OF FOREX BROKERS OFFER THE BEST WELCOME BONUSES.
As far as I’m concerned, XM, FBS and FXTM are the three most prominent brokers today with the most attractive welcome forex bonuses. More details can be viewed as follow:
Personally, I think XM is an advantageous name at all, because their bonus program is excellent, they also offer a 100% bonus on new deposition.
HOW TO EVALUATE A WELCOME BONUS?
I want to go straight to the point that there are 3 most important criteria for evaluating a welcome bonus is good or bad.
- Easy withdrawal conditions
This is the first factor to compete with other brokers. As you may know, our brokers mostly require difficult trading conditions due to strict policies regarding the act of withdrawing bonus. However, the broker does offer being withdrawing bonus easier to get back better than the customer’s mind. In reality, you can’t really withdraw your welcome bonus as soon as you open a trading account. It is a process that you will withdraw with real money through trading with the bonus and achieved the profit. That’s exactly what the broker wants you to do, so they always set the requirements such as the minimum lot traded requirement. More specific are as follow:
- XM by far has the fairest withdrawal condition. When you trading with XM only need to complete 0.1 lot to be able to withdraw bonus profits.
- FXTM is broker who requiring at least 1 lot to be able to withdraw profits.
- FBS offer the best bonus programs, with the maximum welcome bonus up to $123. The highest profit that you can withdraw for each lot traded is $3. For example: Let’s say you gained $60 profits from 7 days of trading. In order to withdraw all that profits, you’d need to have traded at least 20 lots.
- Reliable forex brokers
No need to discuss further in order to evaluate a welcome bonus or the best forex brokers 2018 is really good or not. The most important thing is to find out if it is reliable. Among the brokers mentioned above, I can assert that XM to be the best in term of reliability and transparency in forex market in current.
Kindly learn more about XM here.
- High welcome bonus value
It is inevitable that we all want to get as high a bonus as possible. It will have many advantages over a meager amount of bonuses. As I probably mentioned above, FBS offers the highest attainable welcome bonus amount which is $123, while XM and FXTM are jointly holding the bonuses at 30$.
CAN YOU REALLY WITHDRAW FOREX BONUS PROFITS?
For the reasons I have mentioned above, for the reasons I mentioned above that withdrawal of forex bonus profits will always be accompanied by certain conditions. So this is the most asked question. To withdraw forex bonus profits, most brokers have certain withdrawal policies regarding this matter. At the presents, there are two known withdrawal conditions that most brokers have:
- Completed trading lot requirements
Most of brokers require you to have completed at least a certain amount of trading before you can withdraw the bonus. In addition, there is a downside to this policy that most of the time that traders will have to send more money than the bonus to complete the transaction request.
- No direct bonus withdrawal
The reason that the best ECN brokers 2018 limit traders to withdraw direct bonuses is that so many scammers take advantage of this point to cheat and this will greatly affect their profitability as well as the management of their system.
OTHER TYPES OF BONUSES
The diversity of the foreign exchange market has to do with the variety of foreign exchange bonus programs. So, not only with welcome bonuses, we can easily find other bonus programs like:
Deposit Bonus: This program can say in a nutshell that if you deposit more money then you will receive as much bonus.
Lot back bonus or Loyalty bonus: The program can be said to be exclusive to experienced traders since the program automatically rebates a portion of your every transaction to your account.
A concrete example of this program: XM’s spread for the EUR/USD currency is 1.4 pip and the rebate amount are $3 for each trading lot completed. That the reason why you only need to pay $11 for each EUR/USD lot instead of the whole $14 of the original spread.
TOP 4 GOOD FOREX BONUSES.
To get the top 4 welcome broker, I had to do research a long time ago. It is not based solely on your own experience but rather on the actual assessment of hundreds of traders. So you can totally trust this result:
- Best welcome bonus – XM: 30$ welcome bonus
- Best welcome bonus – FBS: 50$ welcome bonus
- Best deposit bonus – XM: 100% forex deposit bonus 2018
- Best Lot Back Bonus – Exness: Rebate 2 – 16$ per lot
In a nutshell, the bonus and promotion of the broker is like a lot of conditions, if you do not pay attention and have extensive experience in the market, you will also be easily confused or trapped by the broker pretty much. You should consider your trading opportunities and strategies to choose the right kind of bonuses.
For Thailand traders, more about Best Forex Broker in Thailand