These days Forex opens opportunities even for those who have no free funds to trade it. Numerous brokers offer no-deposit bonuses to attract new clients.
In this article, we will try to have a closer look at such bonuses.
No-Deposit Forex Bonuses: Pros And Cons.
First of all, investors and traders are divided over the issue. Some of them say that no-deposit bonuses offer anyone a unique opportunity to start trading Forex without investing a penny. As a beginner, you have no fear of losing your own money and can withdraw the profit, leaving the initial deposit with the broker.
Others say that no-deposit bonuses are another shady and sophisticated way of deceiving clients. They say that no broker will ever give freebies to any client.
According to Eugene Olkhovsky, ’s leading expert in financial markets from Canada, both the standpoints have the right to exist.
As for the unique opportunity to trade for real without depositing any funds, there are good reasons for it as well. With reliable and honest broker, this may well be a win-win situation. Traders get an opportunity to learn to trade for real money instead of demo-trading. Brokers get an opportunity to let beginners turn into successful professionals, who will make them money later when they will be operating substantial funds, thus allowing the brokers to generate stable profits on spreads and commissions.
What Sums Are Given As No-Deposit Bonuses?
Usually, the sums are insignificant ($5-15). However, the leverage is pretty considerable, which allows traders to increase trading lots. Therefore, this is a really good opportunity for beginners to earn their first real trading capital without risking their own money.
As opposed to demo-trading, beginning traders feels themselves real market participants, thus acquiring genuine trading experience.
Who Makes The Best No-Deposit Bonus Offers?
As we mentioned earlier, both traders and brokers can benefit from no-deposit bonuses. Most brokers are ready to give you $5-15. However, Larson and Holz IT Ltd went as far as offering a $100 no-deposit bonus. Once multiplied at the expense of leverage, $100 is a considerable sum for beginning traders. Simultaneously, with Larson and Holz IT Ltd, you can learn to trade Forex through multiple free training courses.
In order to receive the bonus, you need to follow the instruction:
1. Go to Larson and Holz IT Ltd website and register
2. Download the trading platform and enter you login and password
3. Your account will be instantly credited with $100.
4. You have 72 hours to earn as much money as possible. If you lose, you owe nothing. If you win, you get your profit. No risk with a good chance of winning!
Moreover, you can withdraw the profit. Just deposit at least $100 (anytime you wish) and make a trade (or several trades) equivalent to 1 standard lot of trading volume. Now you are free to withdraw all the funds. Alternatively, you can leave the profit on your account and to continue trading without making any deposits. It sounds great, doesn’t it!
So don’t waste your time! Come and join Larson and Holz IT Ltd! You can become a successful trader today!
Market Leader and would appreciate if you could participate in a survey. Please, visit the Academy’s forum for traders and investors and answer the following question:
What do you think about Larson and Holz IT Ltd’s no-deposit bonus?