How to Qualify For Your Free Forex Bonus
Click Here To Receive a Forex Bonus from EToro!
You may or may not have known that almost all forex brokers will offer you a bonus (sometimes substantial) when you sign up for an account on their site.
In order to help you understand how these bonuses work, I thought that I would take you through a real-life example of a bonus that is currently being offered by one of the largest online forex brokers in the world, Etoro.
First off - there is no catch with forex bonuses. Well, the only "catch" is that you need to actually fund your account with real money in order to receive the bonus.
In the case of Etoro, their "first deposit" bonuses break down like this:
- Make an initial deposit of between $100-$399, receive a $25 bonus
- Make an initial deposit of between $400-$999, receive a $100 bonus
- Make an initial deposit of between $1,000-$4,999, receive a $250 bonus
- Make an initial deposit of between $5,000-$9,999, receive a $500 bonus
- Make an initial deposit of between $10,000-$19,999, receive a $1,000 bonus
- Make an initial deposit of $20,000 or more, receive a bonus of 10% of the deposit amount
Click Here to Take Advantage of This Offer from Etoro
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Now, you might be asking the question - why would a forex broker offer free money to me when I sign up for an account?
The answer? The forex industry is extremely competitive, and forex firms need to offer these bonuses in order to get people to sign up for an account. It's just the cost of doing business for them.
When signing up for an account on any forex site that offers a bonus, make sure to take advantage of the bonus offer by maximizing the site of your initial deposit. Remember - the bonus offer usually only applies to your INITIAL deposit on the site, and not subsequent deposits that are made at a later time.
Taking advantage of promotional offers is just part of being a savvy trader - make sure that you ask any broker that you are thinking about signing up with about their bonus offers before you start the sign-up process.
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