Why do you think many people want to trade forex online these days? It is because they receive a fx bonus just for signing up and verifying their personal details. With this welcome fx bonus, they are able to test a system without depositing any money from their bank accounts. This fx bonus is important if you want to gain confidence when using a trading platform for the first time.
Forex broker provide many bonus to attract trader and motivethem into the trading. Different broker provide different bonus and contest. Now I am trading CapitalsTrade. theyprovide me 30% cash back bonus and up to 100% deposit bonus. They also provide me low tight spreads. Low transaction cost, high leverage like 1:500, swap free account, floating and fixed spreads and many more. They allow all kind of trading strategy.
There is no better way to check company’s services and test the trading strategy chosen. You’ll get No Deposit Bonus Forex on your account automatically, no personal documents for verification required.
It is better to test any broker by practicing their demo accounts for free because bonuses are always associated with certain terms and conditions, so chances are that you need to deposit money in order to withdraw money/profits on this no deposit bonus amount. I also noticed that the lmfx broker also allow free phone validation bonus however there are few brokers like hotforex, octa, fxprimus, lmfx etc which can be shortlisted as a decent broker to finalize the right broker.
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Forex Risk Warning: Due to leverage, Forex comes with a high risk of losing money. Eighty to 90 percent of Forex traders lose money. You should not invest money that you cannot afford to lose.