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You have to carefully monitor exactly what the brokers are doing because some of them may decide to take back the money and any of the profits that are being generated through the deposit bonus without notifying you.
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As Finance Professionals, the LEI is the highest standard we can hold ourselves to.
Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage.
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Offering these bonuses is more info practice in the industry, and is just one of the ways that can encourage you to try their services.
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A deposit bonus is offered by almost every broker on the market, where the attraction of offering a bonus is to give new investors an incentive to start a trading account.
A standard forex bonus is where an investor deposits some money into their trading account, and they are then eligible to get the bonus either in a fixed amount or a percentage depending on the size of the deposit.
Why Do Brokers Have No Bonuses?
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It is designed to give you a little confidence to help you get started in live account trading, and knowing you have some extra money in your can give you a sense of security or hesitation for making that first trade.
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