Friday, August 2, 2013

Forex Brokers and Bonus Types

Online forex trading attracts thousands of investors daily and almost every forex broker offers bonuses for new traders. There are different types of bonuses being awarded to online traders and therefore before you grab what appears to be the most generous forex broker bonus available, it is your responsibility to understand the difference between the vast selection of offers and promotions before deciding to accept one.
First of all, let's figure out why forex brokers would actually offer bonuses in the first place. Just like any other business, each forex broker tries its best to attract new traders and rewards the existing members. 

When your cable gives you a free movie once a month, or when your cell phone company offers you a family package deal, forex brokers give away actual cash bonuses in order to tempt you to begin trading with real money and become a regular trader. Forex brokers' bonus giveaways are usually very generous, especially on your first deposit.

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