In the world of forex trading, free bonuses have become a stepping stone for beginners to enter the market. But like all offers, the "free" aspect often hides complex terms and conditions. This guide will help you understand the essence of bonuses and how to make wise choices among many exchanges.
What exactly are bonuses in forex trading? Are they really worth it?
First, it’s important to clarify a key point: forex bonuses are not cash, but rather "trading credit limits" injected into your account by the exchange. This money exists in your account and is used for actual asset trading, but it is usually not directly withdrawable.
Why are exchanges eager to promote bonuses?
The answer is straightforward: to attract new customers and increase trading volume. Each customer's trading activity can generate spread income for the exchange. Bonuses are an "investment" that exchanges make to gain long-term customer value.
Who is suitable for receiving bonuses?
- Beginners: Want to practice in the real market but do not