Is true the bonuses are full of crab.
The only âbonusâ I find useful are the deposit/withdrawal commissions reinforcement. This type of bonus is usually the least restrictive (as it goes directly to balance) and its usually given to VIP clients every time in legitimate brokers. Sometimes you can negotiate a one time reimbursement and sometimes legit and good brokers run promotions about this.
Other things I find useful are rebates from IB rebater or directly asking your broker for a commission discount (this are things that directly impact your trading costs and if you are on an IB rebater or have enough trading volume/ account size you can easily negotiate with a broker)
Got 100$ profit from account bonus, but its not reccomend broker
I move it to cent account so i can officially trading 
Then when its reach 200$ im planning move it to ICmarket
I have not used any bonus account yet so I can not say it is useful or not but I have heard none good things about bonus account.
Yeah what you talking about is a common practice and seems pretty logical to me as it is a win-win approach with the IB rebates and/or reduced commissions based on high traded volumes. This however is from my perspective not a bonus for every retail client to get you hooked up but more like a negotiation for a partnership between a client and broker from which the client can profit if certain criteria are met.
i think minimum no deposit bonus offer you have to trade with , because only for experience about bonus issues.
It depends on kind of bonuses. you need caredulle study the terms of working them out to avoid the situation when you havenât worked out a bonus yet, but have already lost your main deposit.
Depends on you, how you can manage your deposit bonus with your real invested money to gain your account.
what kind of bonus offer do you prefer when trading ? i always prefer no deposit bonus
Forex market is full of scams as well where people try to eat your money by offering you fake bonuses. Before accepting any kind of such offers, you need to consult it with the experienced traders and on this forum in order to stay away from any kind of loss. Always take wise decisions!
Forex Bonus is one form of incentive that Forex Brokers offer to traders to add to their initial deposit. Which I really can not believe.
can you make sure what live experience you have about bonus offer ?
They might be reputed by you. Not by any experienced or successful trader.
Genuine brokers donât need and canât afford to offer bonuses.
If a bonus is offered, then theyâre not a genuine broker - theyâre only pretending to be.
You might want to ask yourself why, in these discussions, all the experienced traders, and people who have ever worked in the industry, are saying exactly the same thing, and itâs only the newbie traders who share your perspective. Might it possibly be that youâre mistaken?!
Thanks for your reply, by the way what you thinking about genuine broker? Any specific definition about this word?
A âbrokerâ is someone who executes on his customerâs behalf a trade in a market to which the customer doesnât have access (with spot forex, thatâs the âinterbank marketâ) in exchange for a commission payment, without himself being involved in any way in the outcome of the trade.
(Just like a stockbroker, in the case of stocks.)
An example would be IB (âInteractive Brokersâ): thatâs exactly what they do, for spot forex.
You can normally tell whether someone is a âbrokerâ or a âcounterpartyâ by whether or not theyâre charging commissions.
You need a decent account-size (think $10k+) to use a âbrokerâ for currencies.
Most members of this forum are using counterparties, because they have to. Nearly all of us did, when we started. Thereâs nothing wrong with that. But it needs some understanding of how they work, to choose a safe, reliable and honest one.
The POINT (in this context) is that if a counterparty market-maker is offering âbonusesâ for new account-holders, thatâs throwing up a big red flag and telling you, loud and clear, that this is a broker you should AVOID, because of what their marketing tells you about the type of clients theyâre trying to attract, and what that in turn tells you about their own business model. Brokers who are NOT incentivised for their own clients to lose are NOT trying to attract new accounts by offering bonuses.
Unfortunately, this information isnât mentioned in the Babypips course, even though many experienced traders have been saying here for years that it should be! It should probably be on page 1, because itâs one of the big, important, essential things that people need to know: itâs part of the background information on which other information should be built.
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Iâve never found bonuses to be particularly useful. Theyâre a way to reel in more traders, and usually come with a lot of caveats. Iâd rather trade with my own money, even if itâs a small sum.
Bonus is useful when you know all about its usage. Beginners can not get sufficient benefits from bonuses. They are like illusion only tackle people understand real terms ,it will more good to treat your own money with your own risk takings. Bonuses are just to attract nothing had good in it . I also never use bonus received over deposits.
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thanks for your nice reply with great detail, got something new information
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newcomers always looking for a high deposit bonus particularly those have lowest trading capital. they donât know how to manage capital due to lack of experience, as a result they become loser and ultimately blame their brokerage,
Even if they donât blame the brokerage the whole process is a waste of time for the newbie trader, in my opinion.