Any brokers that really give free bonus?
I deposit let's say $1000, and they will give me $200-$300 free for trading - BUT don't require that I trade 30-40 times the bonus amount for withdrawal ?
It seems all the brokers tend to lock you in after you receive a bonus...
Obviously I will not withdraw all the funds, the $200 can remain
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Hit me up on skype at Brymcafee (McAllen TX)
www.tradingaxis.com
No, why would they do that? That's crazy... What would then keep you from depositing, say
100K and get 50% bonus and then withdraw. Everyone would just do that and the broker would go
broke within a day. Of course there are terms and conditions, read them and understand them before
accepting a bonus. Yes, they all come with strings attached and you can't really blame them, who gives away
free money just like that?
However, bonuses can be beneficial if used correctly. I had a huge bonus when I started trading.
I was with a regulated broker with reliable terms and conditions.
I could, at any time, withdraw my initial deposit. The turnover was pretty high, x50 but
my balance was so high in relation to the bonus that it was not a problem to reach the
volume using decent money management. The problem is that most people start trading and
wish to become millionaires over night. It took me a year to reach my volume! If you don't need your
money during a long period and your bonus in relation to your deposit is much smaller and you
READ the terms and conditions and find them "humane" then go for it, else just don't. That simple.