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Looking for a Bonus Deposit Broker

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  • Post #1
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  • First Post: May 21, 2015 3:25am May 21, 2015 3:25am
  •  Contrax
  • Joined Sep 2013 | Status: Member | 991 Posts
Hello im looking for a Bonus deposit broker (LOL), i want to test something and i want to trade with a bonus money account without any limits... For example: "For withdraw ur profits need to trade a millions of lotsizes requeriments..." "You only can withdraw a small part of ur profit monthly" etc.. etc.. I want to withdraw my profits anytime... thats it.

I dont want to scalp, arbitrage, hedge, etc.. etc.. nothing of that.. i just want to test a trading method aprox with ++4hr candles. Thank you.
  • Post #2
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  • May 21, 2015 3:54am May 21, 2015 3:54am
  •  kprsa
  • Joined Feb 2014 | Status: ember | 1,267 Posts
They're giving you the bonus based on the assumption that you are going to blow your account before taking the money out. That is why there are requirements for trading the certain volume. If they wouldn't require these conditions, why would they give you the bonus?
My advice is: find yourself a reputable broker and forget about bonuses.
  • Post #3
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  • May 21, 2015 3:58am May 21, 2015 3:58am
  •  Contrax
  • Joined Sep 2013 | Status: Member | 991 Posts
Quoting kprsa
Disliked
They're giving you the bonus based on the assumption that you are going to blow your account before taking the money out. That is why there are requirements for trading the certain volume. If they wouldn't require these conditions, why would they give you the bonus? My advice is: find yourself a reputable broker and forget about bonuses.
Ignored
Yes i know that "ALL" the bokers with one hand the shake ur hand and with the other hand have their knife for kill you lol. (sorry for my english). I just want try a system that if i blow my account i dont care. But if i loss money by my fault its ok... but if i win money and the broker dont want to pay me thats the "bad part" . Thank you anyway.
  • Post #4
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  • May 21, 2015 4:16am May 21, 2015 4:16am
  •  johnnycash
  • | Joined Sep 2012 | Status: Member | 217 Posts
All the bonus brokers has same rules. Why not to double your leverage and go with more reputable broker? You'll have same effect on your profits or losses.
  • Post #5
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  • May 21, 2015 4:29am May 21, 2015 4:29am
  •  Contrax
  • Joined Sep 2013 | Status: Member | 991 Posts
Quoting johnnycash
Disliked
All the bonus brokers has same rules. Why not to double your leverage and go with more reputable broker? You'll have same effect on your profits or losses.
Ignored
Yes after i spoke with various support broker right now... in that u mention i was thinking about. Thank you.
  • Post #6
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  • May 21, 2015 4:35am May 21, 2015 4:35am
  •  hoangforex
  • | Joined Sep 2014 | Status: Member | 211 Posts
Well, As per my experience I`ll suggest you to Read Terms and Condition first before you choose any bonuses, I`m trading with hotforex and and they are providing good number of bonuses. Credit bonus is good to test but do not go with big amount. Test them with small deposit first and when you feel yourself comfortable then you can go ahead with any amount you like.
  • Post #7
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  • May 21, 2015 5:29am May 21, 2015 5:29am
  •  Contrax
  • Joined Sep 2013 | Status: Member | 991 Posts
Quoting hoangforex
Disliked
Well, As per my experience I`ll suggest you to Read Terms and Condition first before you choose any bonuses, I`m trading with hotforex and and they are providing good number of bonuses. Credit bonus is good to test but do not go with big amount. Test them with small deposit first and when you feel yourself comfortable then you can go ahead with any amount you like.
Ignored
Yes Thank you, the only broker that i know that "respect" their bonus its Exness... but sometimes they have horrible quotes and spreads lol
  • Post #8
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  • May 21, 2015 9:51am May 21, 2015 9:51am
  •  Kotowskifx
  • | Joined Mar 2015 | Status: Member | 89 Posts
Bonus promotions are very tricky and you should be fully aware of their terms and conditions! i dont think you will have issues with founding one as all you need is a google search
  • Post #9
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  • May 22, 2015 1:09am May 22, 2015 1:09am
  •  trigraphite
  • | Joined Dec 2014 | Status: Member | 15 Posts
How much are thinking about depositing in your account?
  • Post #10
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  • May 28, 2015 4:00am May 28, 2015 4:00am
  •  hoangforex
  • | Joined Sep 2014 | Status: Member | 211 Posts
Bonus is a good amount to support your trading but don't never count on it. Normall, all brokers only offer conditions bonus, that you need to trade a number of lots to withdraw that bonus amount. So if you lose, you cannot have it.
  • Post #11
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  • May 28, 2015 4:54am May 28, 2015 4:54am
  •  Contrax
  • Joined Sep 2013 | Status: Member | 991 Posts
Quoting Kotowskifx
Disliked
Bonus promotions are very tricky and you should be fully aware of their terms and conditions! i dont think you will have issues with founding one as all you need is a google search
Ignored
Yes, thank you!
  • Post #12
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  • May 28, 2015 4:55am May 28, 2015 4:55am
  •  Contrax
  • Joined Sep 2013 | Status: Member | 991 Posts
Quoting trigraphite
Disliked
How much are thinking about depositing in your account?
Ignored
Not much, can i ask why ur question? Thank you.
  • Post #13
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  • May 28, 2015 4:56am May 28, 2015 4:56am
  •  Contrax
  • Joined Sep 2013 | Status: Member | 991 Posts
Quoting hoangforex
Disliked
Bonus is a good amount to support your trading but don't never count on it. Normall, all brokers only offer conditions bonus, that you need to trade a number of lots to withdraw that bonus amount. So if you lose, you cannot have it.
Ignored
Yes most of the brokers you need to trade for example an 100% deposit bonus, and u deposit $1,000usd. U need to trade 100 lotsizes for withdraw ur bonus.... hahaha thats crazy but in other brokers, u can withdraw ur profits anytime. The only thing its that if u withdraw ur profits, most of time u loss ur bonus. Thats it. Thank you!
  • Post #14
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  • May 28, 2015 5:01am May 28, 2015 5:01am
  •  leebsurag
  • | Membership Revoked | Joined Oct 2013 | 877 Posts
Quoting Contrax
Disliked
The only thing its that if u withdraw ur profits, most of time u loss ur bonus. Thats it.
Ignored
Not applicable for all brokers. I use 100% credit bonus from Hotforex and even if profits withdrawn bonus stays.
Just depends on how greedy your broker.
Cheers.
  • Post #15
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  • May 30, 2015 6:56pm May 30, 2015 6:56pm
  •  Contrax
  • Joined Sep 2013 | Status: Member | 991 Posts
Quoting leebsurag
Disliked
{quote} Not applicable for all brokers. I use 100% credit bonus from Hotforex and even if profits withdrawn bonus stays. Just depends on how greedy your broker. Cheers.
Ignored

But for example with the "Credit" Bonus, for example, if u deposit 500usd and ur credit bonus is 500% in your MT4 going to appear Balance $500usd Credit $500usd right? And if u loss ur first $500usd ur $500 its gone right? So what its the propose of the "credit bonus" ?
  • Post #16
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  • May 30, 2015 8:36pm May 30, 2015 8:36pm
  •  orabi
  • | Commercial Member | Joined Dec 2009 | 2,376 Posts
hi dear sir
try XM they give 30$
have a nice day please
focus while relaxed to see better
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  • Dunno67
  • Post #18
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  • Jun 1, 2015 3:09am Jun 1, 2015 3:09am
  •  leebsurag
  • | Membership Revoked | Joined Oct 2013 | 877 Posts
Quoting Contrax
Disliked
{quote} But for example with the "Credit" Bonus, for example, if u deposit 500usd and ur credit bonus is 500% in your MT4 going to appear Balance $500usd Credit $500usd right? And if u loss ur first $500usd ur $500 its gone right? So what its the propose of the "credit bonus" ?
Ignored

With credit bonus enabled you get the opportunity to trade with greater volume (in this cases in doubled amount) for example 2 lots instead of one, etc. It removes MC and SO what basically means you can use your equity in full, tolerate deeper drawdowns. Of course credit bonus increase trading risks (which are pretty high even without using bonus) but it's option and not obligatory, I opted for this bonus and trading with it don't see any difference with trading without this bonus, really. Just watch your SL and don't abandon your open position and everything goes quite smooth.
Here is the Hotforex page explaining minutely how bonus works https://www.hotforex.com/en/deposit-...ble-bonus.html
Cheers.
  • Post #19
  • Quote
  • Jun 1, 2015 4:37am Jun 1, 2015 4:37am
  •  johnnycash
  • | Joined Sep 2012 | Status: Member | 217 Posts
Its basically additional leverage. Read their terms & conditions. Bonus cannot be lost or withdrawn. All its done to help you to loose money faster.
Even in their example about SO and MC Hotforex says that with bonus you will lose 100% of your margin per position instead of 80% without bonus.
With all the brokers who offering bonus deposits - when you'll loose your initial deposit, bonus will be withdrawn automatically.
So choose reputable broker, increase your leverage x2 and you'll get exactly the same trading conditions.
This the link to read HF terms & conditions about trading with bonus:
https://static.hotforex.com/assets/c...d_Bonus_CY.pdf
  • Post #20
  • Quote
  • Jun 1, 2015 4:23pm Jun 1, 2015 4:23pm
  •  Contrax
  • Joined Sep 2013 | Status: Member | 991 Posts
I better stay with Exness, i use them before and the "bonus" that u made with them, u can use it for trade only.. and any profits after bonus u can withdraw it anytime. So im thinking to use Exness once again but watching the chart of other broker... because the Chart of Exness its horrible.
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