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 There are some kinds of bonuses when traders get into the forex field they will get experience about. Especially, the new traders usually care much about these kinds of bonuses. Among them, welcome bonuses are concerned more about by new traders. There are some aspects that starters should get knowledge about such as the standards, types of bonuses, the withdrawal of bonuses and some way to treat more bonuses.

Top forex brokers’ best bonuses

First, from checking many elements of best bonus brokers, here is the list of best forex welcome bonuses:

  • XM => Click to know more

  • FBS => Click to know more

  • FXTM => Click to know more

These three brokers offer best bonus systems and among them, XM is bigger and more reliable. And their bonus systems are diverse because of that they also have deposit bonuses with the rate of 100%.

These best bonus brokers have to prove they have standards

To know which brokers they should open accounts to get good bonuses, there are some features that trader’s better judge before they start their business.

Easy withdrawal conditions

There is a fact that bonuses cannot be withdrawn easily; however, they can have the profit from the bonuses traded automatically. Different brokers have different conditions for traders to meet before they can have profit or bonuses. Usually, these requirements are about numbers of trading lots that traders must finish before they can

  • XM’s conditions are the easiest one because they require traders to finish 0.1 Lot to get all the profit they have.

  • FXTM offers the second easiest conditions for traders when they ask for 1 lot traded to withdraw the profit

  • FBS has a lot of bonus programs but their condition is quite harder because after trading one lot trade can have only 3$ although the welcome bonus can reach 123$. Considering the case when traders win 60$ after 7 day trading, then FBS lets traders withdraw the profit if they complete 20 lots.

High welcome bonus value

When bonuses are the good deal for traders to gain more profit from, then they should care more about how much brokers will offer for the welcome bonuses. These top five bonus brokers have their value quite high with 123$ from FBS and 30$ for both XM and FXTM.

The credibility of brokers

Besides value or the withdrawal of bonuses, the reliability of the brokers is considered to be worth checking because brokers can avoid some problems with trading condition or trading platform or other things about scams or cheats. Among XM, FBS and FXTM, the first one is the most reputable and reliable broker that traders, especially starters can trust to open an account.

Click here for more information to best forex broker

BEST FOREX WELCOME BONUSES

Other types of bonuses from brokers

Apart from welcome bonuses, brokers also offer deposit and lot back bonuses.

Deposit bonuses are the bonuses that traders can have when they reach the certain rate of the deposit. That means brokers will calculate your deposit to measure your bonuses from the amount of the deposit. The purpose of this kinds is to develop the number of clients investing more and more because they think they are getting more profit with the bonuses and they can even reopen the account because of this reason if they want to come back trading. However; this kind of bonuses are offered for the first time trading too.

Lot back bonuses are the rebated amount when traders finish one lot or one time for transaction. For example, when you trade with the pair of EUR/USD the spread is 1.4 pip that means you have to pay 14$ for spread. But with the deposit bonuses, you only pay 1.1 pip that is 11$ and 3$ is rebated back into your account for trading. In addition, to get this kind of bonuses, it depends on time of trading, currencies traded or account types. This bonuses can help traders reduce quite amount of cost, so it is more common.

Can these types of bonuses be easily withdrawn?

As it is mentioned above that there are some withdrawal conditions to complete, generally, there are two conditions to be reached if traders want to get profit from bonuses:

  • Some brokers allow traders to take the bonuses with the requirement that they have to finish trading a certain number of lots. For instance, the condition to get 50$ bonuses is that traders have to finish 10 lots. Traders still have the bonuses from 1 lot, but this amount is kept in the account to continue trading until 10 lots completed in order to take 50$.

  • With the second condition, that is when brokers do not let you withdraw the bonuses but they will offer the withdrawal of the profit these bonuses traded.

It is good if the bonuses are withdrawn simply but there is one problem to notice that the amount of trading cost can go beyond of the bonuses. So, to get the bonuses traders could lose more than what they already have.

Should we choose a good bonus broker over a low spread broker?

Any brokers with experience about trading will know that the credibility of the brokers is more significant than the bonuses which are just a tiny part of the trading. To trade safely and profitably, there is some step that could be followed by traders. They should have for themselves the list of top five reliable brokers and then sort out the best with the good bonus program and after you can trade with safety and profit.

The list of top four bonus forex brokers

Every kind of bonuses from many brokers are checked to have the list of the best ones, here are four brokers that are criticized carefully with some standards to be named the best:

- Best welcome bonus systems

  • XM with 30$, click for more information

  • FBS with 50$, click for more information

- Best deposit bonuses: 100% with XM, click here

- Best lot back bonuses: Exness with 2-16$ for each lot, click here

How to cheat bonuses?

From the features of bonuses, there are two ways to cheat bonuses

First, with the bonuses that can be withdrawn with no conditions, traders can open as many as account to have a lot of bonuses. Then make the trading with 50 % of chance to win by combining two accounts together.

Second way is with the brokers that require conditions to get the bonuses about the deposit. Traders choose the high leverage brokers and then make a lot of account to get welcome bonuses. Also, they gate two accounts to make sure the chance to win is 50% to win the trading and get the bonuses.

Read more : WHICH IS THE BEST FOREX BROKER OF 2018 TO BRING SUCCESS TO YOU ?

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