Bonuses have become an inseparable part of the Forex industry. The competition is getting tougher. So, numerous brokers offer their clients various bonuses along with improving the quality of their services. There are major types of bonuses: no-deposit bonuses (the name speaks for itself), when a certain broker gives new clients an opportunity to trade for real money without risking their own funds. The profit can be withdrawn. The second type is represented by a certain premium (5 to 50%) on top of your initial deposit. Such bonuses cannot be withdrawn and are used to maximize your profits.
Are these bonuses good or evil for Forex traders? How to find a really good bonus that could help you maximize your profits? Why do brokers offer these bonuses? Let’s try to find the answers to these questions. The experts of Larson and Holz IT Ltd will help.
Forex Bonuses: Cui Prodest?
According to Larson and Holz IT Ltd, this is a win-win situation.
For brokers:
This is a perfect opportunity to attract new clients, thus showing them high-quality services, increasing their motivation and giving them a chance to overcome the fear of trading for real money. In this aspect, there is nothing bat in bonuses offered by Forex brokers.
For traders:
This is a chance to learn how to trade Forex for real money without risking a penny. They can test their own trading systems and approaches. If they turn profitable, traders can profit without jeopardizing their trading capital. Moreover, this valuable experience can help beginning traders to turn into real professionals much quicker as they won’t need to switch form demo trading to real-money trading and to spend time getting used to it.
According to Eugene Olkhovsky, ’s leading expert in financial markets form Canada, when a reliable and trusted broker offers a bonus, this implies respect to clients (both existing and potential). Of course, there are brokers and dealing centers that like playing dirty tricks on their clients actually deceiving them and forcing them into losing money.
Luckily, there are trusted and reliable brokers that are interested in long-term cooperation with successful traders and can stimulated them with various pleasant surprises.
The expert recommends paying attention to Larson and Holz IT Ltd, which offers a wide range of bonus programs.
Larson and Holz IT Ltd’s Bonuses: Benefits
According to Larson and Holz IT Ltd, the company’s focus is the creation end development of comfortable conditions for long-term cooperation with clients, including beginning traders. As the high liquidity of Forex assets is attended by considerable risks, the company is focused on helping its clients manage and reduce the risks.
At this point Larson and Holz IT Ltd offers several stimuli, including bonus programs for active traders, which include spread refunds, not to mention no-deposit bonuses, which present a got opportunity for beginners to make first riskless steps in the Forex environment.
DEPO Jet Bonus is extremely popular with professional traders. Active traders are credited with special bonus points, which can be exchanged for cash to deposit it to their trading accounts, thus increasing their trading capital. Moreover, the transferred cash can be withdrawn if all the conditions are met.
Any new client who opens a Standard or Safe trading account and deposits $5000 or more, gets a 10% bonus. All you need to receive the bonus is to make several trades.
No-deposit bonus. Larson&Holz’s no-deposit bonus is extremely popular with beginning traders. Everyone can start trading Forex for real money without risking a penny. The entire profit made during the time of the promo stays with the trader and can be withdrawn or used to trade Forex further. The initial sum is called back. Another positive factor for beginners is that Larson&Holz’s no-deposit bonus is $100… not $5 or $10!
ForexFamily. This program offers traders an opportunity to cut the expenses on spreads. The thing is that any trader can advance level by level, thus gradually tightening the spread he/she is obliged to pay for trading Forex. The last level offers interbank quotes with almost free broking services.
Therefore, we can conclude that Larson&Holz strives to help their clients be more successful, whether they are beginners or professional traders.
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Do you think bonuses are efficient sources of extra income?