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Brokers recommendation for high deposit bonus?
- Thread starter claytantum
- Start date
It is best to avoid trading with high deposit brokers because they are either scammers or come with T&C to obtain the deposit, which makes you spend more than the bonus offered.
It is better to trade with a properly regulated broker with lower commission costs and spreads, such as Skilling or FP Markets, the commission costs are lower than $7 with spreads averaging at 0.1-0.3 pips.
I also try to steer clear from no-deposit brokers because consider it primitive marketing gimmick, strong indication that the broker may be a bucketshop that hunts for inexperienced traders and trades against them.
I couldn't agree more, those brokers who promise ROI are too good to be true, we should definitely avoid them. Another reason I chose the one am currently with after some ill choices in the past is that all their account types offer floating spreads, with Direct accounts from 0 pips and Classic+ accounts from 0.3 pips, respectively.It is best to avoid trading with high deposit brokers because they are either scammers or come with T&C to obtain the deposit, which makes you spend more than the bonus offered.
It is better to trade with a properly regulated broker with lower commission costs and spreads, such as Skilling or FP Markets, the commission costs are lower than $7 with spreads averaging at 0.1-0.3 pips.
traders should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
You can try out aaafx and xm as they have 100% deposit bonus. plus both well-regulated brokers.
These are top deal brokers, especially xm, their conditions are fair. If I wasn't with forexchief I would consider them, but forexchief has really been good all round. Aside the initial bonus they gave, their trading credits have been beneficial for real.You can try out aaafx and xm as they have 100% deposit bonus. plus both well-regulated brokers.
From my trading experience, I suggest trading with brokers that provide deposit bonuses because they mostly scam traders by having certain requirements to meet to obtain the bonus, which is difficult for new traders.
It is better to trade with properly regulated brokers like CMC or FP Markets, or trade with brokers that have smaller account openings.
It is better to trade with properly regulated brokers like CMC or FP Markets, or trade with brokers that have smaller account openings.
This is why I keep recommending that we check the terms and conditions of brokers before we register and trade with them, it reveals a lot.From my trading experience, I suggest trading with brokers that provide deposit bonuses because they mostly scam traders by having certain requirements to meet to obtain the bonus, which is difficult for new traders.
It is better to trade with properly regulated brokers like CMC or FP Markets, or trade with brokers that have smaller account openings.
As it also shows broker's terms on their bonuses, I made sure to check Forexchief's thoroughly and the only constraint I saw was that you have to meet the required trading turnover as stipulated by them and then you can withdraw, this was fair I must