By JustForex
Having a goal to attract potential clients, Forex brokers often provide opportunities to take advantage of different bonuses. Frequently, traders don’t miss this chance to get some extra profits and make money with almost no investments. Formally, there are such types of Forex bonuses: no deposit bonuses, deposit bonuses and welcome bonuses.
What is the difference between these bonuses?
Welcome bonuses
Starting working with a certain broker, trader can get a so-called welcome bonus.
Usually, this bonus is provided to a trader when he opens an account with this broker. The company chooses the conditions under which a client can get his bonus. Some of Forex brokers give an opportunity to get a deposit welcome bonus. It’s charged when a client makes his first deposit. The sum depends on the chosen company.
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Sometimes, traders are given a no deposit welcome bonus when there is no need to deposit the account to get a bonus. This is a huge advantage for the newbies as they can use this experience in the future trades with own deposits.
Deposit Bonuses
Deposit bonus is another group of Forex bonuses allowing a trader to get an additional profit if he decided to deposit the account. This bonus may be used or not used as the extra margin by a client depending on the broker’s conditions. The trader decides by himself whether this option is profitable or not for him at the moment. By the way, it’s a perfect solution for a trader who is going to invest anyway.
Here is a great solution for traders who want to get a (JustForex) 100% deposit bonus.
No Deposit Bonuses
No deposit bonus is considered to be the most popular group of bonuses among Forex traders. There is no need to fund the trading account as you can get the bonus for free, so-called “free bonus without deposit”. Some Forex brokers set a condition when the benefit can be used as an additional margin only and can be withdrawn. Nevertheless, this bonus is also very popular among traders as it allows to make money without a deposit.
Article submitted by JustForex.com
