Those bonuses are usually tied up in the T&Cs quite hard to redeem them but the extra capital is a help
Brokers recommendation for high deposit bonus?
- Thread starter claytantum
- Start date
hotforex is a good broker, but like all bonuses be sure to understand the terms that comes with it. nothing is for free, unless sure then go for it, but if new i usggest trading small with no bonuses
I agree, as long as you understand and comply with their t&c, then you should go for it.
Sorry for the delayed response, mate, commission are based on three types of accounts:
ECN - $0.99 /100K
ECN Plus- $0/100K
ECN Zulu - $10 /100K
You can check out forexchief, they have great bonuses there. Like the no deposit bonus of $100 or their welcome bonus which is equal to 100% of the first deposit, it is credited automatically. The Profit can be withdrawn without any limitations.
These definitely can aid any new trader.
Last edited:
I do not think you are wording that properly...
100% deposit bonus? So if I deposit 50 grand in the account, they give me an extra 50 grand in the account?
I think I can answer this, what you have said is right, but some broker has set a limit for availing of the bonus. Some brokers may allow up to 10 grand, some allow 50 grand. So it is important to read the fine print before availing of those deposit bonus.
My thought as well when I first started and saw that, but they explained and as I saw in their terms for this bonus; that though it is 100% but does not exceed $500, so those who use lower capital can benefit fully and up their funds. I am sure this is the ideal behind it, which is still nice for me since it is viable.
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.
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.