Beware Of Big Bonuses!

Discussion in 'General Trading Discussion' started by TraderAnalyst, May 26, 2019.

  1. TraderAnalyst

    TraderAnalyst Senior Investor

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    Forex is very exciting as a market . But one must be beware of big bonuses as brokers can announce these bonuses to cheat the innocent traders and you can lose big money. So keep your cool and play intelligently!
     
  2. Yordan

    Yordan Active Member

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    Brokers cannot cheat traders with big bonuses. There is no logic to back up your claim. Brokers can only deny traders from withdrawing the bonuses.
     
  3. longtermbull

    longtermbull Administrator Staff Member

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    Your comments dont make sense - what do you mean by bonuses?
     
  4. Yordan

    Yordan Active Member

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    They are incentives offered by broker to new or existing traders. Such fund is either added to your account balance or kept separate for trading. Some brokers don't allow you to withdraw such money from your account.
     
  5. Brentwood

    Brentwood Senior Investor

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    The key is to understand how it really works and who is right to work with. I was losing funds to a broker and by the time i realised it, i had already lost $52000 which was over half of my savings. I met a friendly trader and she directed me to the recovery agent Mr Bart Kasch. He helped me recover all my money, every penny. Referred him to friends and colleagues already, you can contact him if you need help at [email protected]
     
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  6. susieb

    susieb New Member

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    My advice to anyone, stay away from these new FOREX and BINARY OPTION companies and to also withdraw all funds completely after making your first profits. I have been scammed by several of these companies. But I’m glad that I had all my money returned including all profits, thanks to an expert. You can reach me to relate for help if you’ve also lost money trading; Susiebell2009 {at} gmail, com
     
  7. Hari Rastogi

    Hari Rastogi Active Member

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    Bonus given by a Forex broker to a new trader through which he can trade on a live account without having to make any deposit. This is basically an opportunity/marketing strategy to enable people to trade on real account (usually for the first time).
     
  8. Benigna Mazzi

    Benigna Mazzi Senior Investor

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    Forex is a very famous business. If you want to start trading in the forex market then you should avoid big bonuses because not all time bonuses are good for you. It may be a trap for you. A good analysis is very important for a trader. My broker Eurotrader is very reliable. They are really very supportive and helpful. They are one of the best brokers I have ever worked.
     
  9. Linda Smith

    Linda Smith Senior Investor

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    Emotion can cause great problem in trading. Because taking decision emotionally can lead the trade into the loss. Technical decision is far better than emotional decision. I don't give importance to emotion while I trade. My broker TP Global FX is also help me to take decision technically. It prevents me from taking decision emotionally. I like them because of their low spreads, dynamic leverage and easy decision making tools.
     

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