- Joined
- May 11, 2021
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Everyone likes bonuses, and good thing is that almost every forex brokers provides bonuses to its clients. There are many categories of bonuses. But we will largely talk about deposit bonuses here.
In deposit bonus, brokers provide a percentage of the deposit money as credit to your account. In that way your margin will be increased and you will be able to hold higher positions here.
For example: if a broker is providing 50% bonus om deposit. When you deposit $100, you will get $50 as bonus. So now you can hold $100+$50 = $150 worth of holdings. So you can utilize such bonuses for margin purposes, and some brokers even allows withdraw of such bonus after certain lots have been traded. Always use such bonuses to boost your earning.
In deposit bonus, brokers provide a percentage of the deposit money as credit to your account. In that way your margin will be increased and you will be able to hold higher positions here.
For example: if a broker is providing 50% bonus om deposit. When you deposit $100, you will get $50 as bonus. So now you can hold $100+$50 = $150 worth of holdings. So you can utilize such bonuses for margin purposes, and some brokers even allows withdraw of such bonus after certain lots have been traded. Always use such bonuses to boost your earning.