DislikedIts 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 Bonus cannot be lost or withdrawn.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 With all the brokers who offering bonus deposits - when you'll loose your initial deposit, bonus will be withdrawn automatically.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...Ignored
Yeah exactly, a kind of extra leverage. But instead the only benefit I see from what I said above is removing MC and SO, that's it. You can also withdraw this bonus but under "unfeasible" volume requirement (1 lot per 1,5 USD).
Regarding Hotforex I trade with them about 2 years, can't say I had serious execution or withdrawal issue with them and every product they roll out is thoroughly considered before I pick it for use. Every single penny given means increased risks and if they're not justified then it's better to keep away from using it.