Are you new to Forex? Are you wondering what all the fuss is about? Have you traded before and want to give it another go? The welcome bonus forex allows you to get started right away without risking your own money, and it’s one of the best ways to quickly gain profits and confidence in trading Forex! Here are five reasons why you should choose the Forex Welcome Bonus.
Advantages and Disadvantages
The welcome bonus is an enticing tool that new forex traders can use to boost their profits in a shorter amount of time. But there are also disadvantages to be aware of, including high rollover requirements and strict eligibility guidelines. If you want to try your hand at forex trading, be sure that your chosen broker offers a welcome bonus. Read on for more details about what a welcome bonus can do for your finances and why some brokers offer better deals than others.
Compare to Other Bonuses
Bonuses on top of your initial deposit are common in forex, but not all welcome bonuses are created equal. There’s a trade-off: some welcome bonuses require minimum trading volume to unlock and others last for only a short period of time. The best welcome bonus, however, should have no strings attached: like Saxo’s $5k-200% Welcome Bonus which doesn’t require any extra volume to be fulfilled and lasts until traded out. If you’re looking to grow your money steadily over time, then don’t settle for anything less than Saxo’s offer. Get full details here .
When to Claim Your Welcome Bonus
When first starting to trade with a new forex broker, one of your most important tasks is to determine which platform and account type will best suit your trading style. While many brokers do offer free accounts and practice accounts, it’s always recommended that you upgrade as soon as possible to get full access to all of their features (like commissions). If a welcome bonus applies, make sure you opt in as soon as possible to take advantage of these perks. Keep in mind that some welcome bonuses have time limits and may require specific trade activity or other requirements before being able to withdraw your earnings. For example, in order to withdraw any funds from a welcome bonus, you may need trade with at least $1,000 and make five trades within 60 days of joining.
The Pros and Cons of Forex Welcome Bonuses
You’ll find that there are a few major brokers offering forex bonuses, but it’s not all good news. Before jumping on board, it’s essential to know exactly what you’re getting into. Here we present some of the advantages and disadvantages of welcome bonuses so that you can weigh them against one another in a logical way and make an informed decision about whether or not to go ahead with your chosen broker.
The Definitive RoboForex Review
RoboForex, based in the Republic of Cyprus, has been on the top of the list of forex brokers since its foundation in 2007. It has been offering trading services to forex traders from more than 180 countries and gained trust of more than half million traders during this time. RoboForex Review offers its clients with their own trading terminals and MetaTrader 4 (MT4) platform which allows them to trade currency pairs, indices, commodities and precious metals.
What is RoboForex
Anybody who is interested in trading on a global basis must at least hear about RoboForex. This is a leading online broker that was founded back in 2006 by a group of financial experts. The company has its headquarters in Dubai, but it also has offices located all over Europe, including Frankfurt and London. The problem with most brokers is that they are not transparent enough when it comes to their business policies and procedures. That’s not an issue when you work with RoboForex. There is no lack of information here; besides customer support, everything else can be found at www.roboforex.
How Can I Start Trading On Roboforex
To start trading on Roboforex you first need to open an account. It is important to remember that in order to be able to open a trading account you must be 18 years of age or older. Once you have completed your registration and verified your email address, it’s time to deposit funds into your new account. This can be done by using one of several methods, including credit card, bank wire transfer, Moneybookers and many others (fees will apply).
How Does It Work On Roboforex
There are two methods of placing an order on Roboforex. The first is an advanced orders system, which allows you to manually enter buy and sell orders for each currency. You can set a stop loss and take profit limit by using a specific percentage from market price, or you can use a fixed rate. It’s also possible to specify any time frame for your order execution, giving you control over your risk exposure in real-time. Other features include streaming charts and one-click trading via your mobile device.