I´d like to ask newbies what do you think about bonus programs. Makes a €75 bonus sense for a €100 Account? the bigger the better? or does it create some reluctancy…
Personally, I was very happy to receive my first deposit €50 bonus when I was 45€ down on my account. But… I also have some doubts about how honest is the market maker, and I am constantly contrasting the quotes.
If a broker has to many banners of promotion on his website he won’t get my money for deposit. I can trade and do not need brokers who work with smoke and mirrors.
Sure, I am with you on this. In fact the best brokers do not need advertisement, very low or just more subtile forms of advertisement. Worse of that is that existing customers can get annoyed by excessive advertising, as the expenses of the company grow and so they increase their fees.
Anyways I come from the retail business. My older company reduced advertisement expenses and sales decreased proportionally, despite of enjoying an excellent reputation in the country. Finance is different.
But in a free market I believe on marketing costs in order to advertise new products, improved features etc. The question is for example for beginners where is the credibility gone, 25€, 50€, 100€?