Apr 14, 2011

Are Forex No Deposit Bonuses Real ?

So the thing is... No deposit bonuses are usually offered by forex brokers for a short period of time mainly to attract more traders. To receive Forex bonus with zero deposit you don't have to transfer any funds into your trading account, it's enough to register for a real account and provide some personal identification documents. Forex brokers usually don't allow withdrawal of the bonus but after a certain amount of traded lots they unlock the bonus for withdrawal. The profit earned from trading with this bonus is usually available for withdrawal at any time. Those bonuses are usually for beginners and not for experienced traders because they're quite low 5$-50$ and rarely 100$.

Some people say that free no deposit bonuses don't exist but why not? It's just a type of marketing. If you were a broker, how would you attract new potential traders? With a bonus of course. It's just like your cable tv provider, they give you 1-3 months of free HBO just to get used to it.

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