The trend nowadays is that most forex brokers offer deposit bonus when you start an account with them. With competition increasing amongst forex brokerage companies, these bonuses are a direct ploy to attract as many customers as possible. Such offerings of all types and amounts are offered as soon as you make your first deposit money. That extra trading margin goes a long way in increasing your trading confidence. You take more risks, and that opens the door for more profit acquisitions. Talking about the best bonus offerings around, one which comes to mind is forex bonus 200.
Here the article will discuss what the bonus offer is and some terms and considerations which go along with this offer.
What is forex bonus 200?
This offer is your ticket to earning big riches in the forex trading market. Here is an explanation of the concept of 200 forex deposit bonus.
As per the rules and conditions, when you make a deposit of $100 in the particular trading platform’s account giving the offer, you get a 200% bonus amount.
A simpler way of explaining it would be - If you make a deposit of $100, from the broker’s side, you will get extra $200 trading money as a bonus amount. This makes your total trading amount to around $300-($100+$200).
The additional margin will be added to your account as soon as you have incurred the payment.
Some other important points related to such offers:
This forex bonus 200 offer is obtained through a promo code which you either get it from the website offering it or from social media platforms.
This offer is not applicable for all kinds of trading account. Only MT4 Classic and MT4 Cent accounts will be considered eligible.
The amount of deposit will have to be $100 or more. Anything less than that and this forex 200 bonus offer will not apply.
Another important criterion of this offer is that you cannot have any other bonus offer other than 200 forex deposit bonus. This means that if you have already had a Cent or Classic trading account with the platform having this bonus, you can apply for it. But as you do that all your previously existing offers will get canceled automatically.
Also if you have two trading account and in one of them you have this forex bonus 200, the extra money cannot be credited to the other account. Plus traders who are participating in ECN and Pips Back account will not be eligible for this offer.
The other maximum deposit which you make in your account is $10,000 and accordingly you will get a bonus sum of $20,000, and your total trading money will add up to $30,000.
Final statement:
In some websites, you may also see this forex bonus 200 as ‘BonusGo 200%’ while in others they have a different name. Also, the terms and conditions do differ. What you can do is check the platform which offers this bonus and also read the terms and conditions which apply for this. You might also want to check out which regions this bonus is not applicable. This reward is great for boosting up your trading capacity so do take advantage of it.
Happy trading!
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance broker. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2014/65/EU.
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