In order to attract new customers, some forex brokers may offer a forex deposit bonus to their customers. These deposit bonuses work in a way that is similar to what online casinos and sports betting sites offer their players. The customer makes a deposit and receives a percentage of their total deposit amount as a bonus. In most cases, the bonus would be applied instantly to the account. Forex deposit bonuses are typically given to new customers, but some brokers may make them available to existing accounts as well. The customer can then use the bonus to make trades, as it is added to the account balance. However, before being able to make a withdrawal, a customer that receives a forex deposit bonus would have to fulfill certain conditions set out by the broker. This could mean making a minimum amount of trades.
via Forextra - Forex Trading Explained: Tips, Strategies + More For FX Currency Trading http://ift.tt/1dwdZYS
via Forextra - Forex Trading Explained: Tips, Strategies + More For FX Currency Trading http://ift.tt/1dwdZYS