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Forex Bonuses
Trading Forex online is a great way to start generating streams of income by investing in the foreign exchange market. As a new trader, there are some great bonus offers that will vary per broker. These bonuses can add money to the forex account that will allow for other traders to be conducted and they are similar to the bonuses that are found in online casino sites. As traders compare the different brokers that are available, they should take a look at the bonuses that are being offered and learn how these can be of great benefit.
The most popular type of bonus that is offered to a new forex trader is a welcome bonus. Again, for those that have played in an online casino in the past, these bonuses will be very familiar. A number of brokers will offer a match bonus when new traders open a real money account and make their first deposit. These welcome bonuses can offer between 15% and 50% matches on the deposit amount and there are also brokers like LiteForex that will offer a bonus on the second deposit that is made to the account. With these bonuses, there are some conditions that will apply and trader should learn these before redeeming the bonus.
Another type of bonus that can benefit new traders is a no deposit bonus. This is another type of welcome bonus but this one is designed for those that are not making immediate initial deposits. These bonuses will offer a small amount of money, generally around $50. With the bonus money, traders will have the ability to test the trading platform and see what tools are being offered by the broker. Traders can also start to conduct trades without risking their own money. This type of bonus can help to generate real money returns on investments, but the returns can only be withdrawn when terms and conditions of the bonus are met. This means that traders may have to trade a certain volume before they complete the bonus and have access to the returns that have been made.
Forex bonuses are a great way to get started trading and with so many brokers offering different deals, there are many ways to get some free money to trade with. Traders just have to be aware of the terms and conditions and they will soon find some great offers that will kick start their trading experience online.
Forex Related Articles
There's a lot that to know when it comes to Forex trading which is why WorldForex.org will continue adding articles and new information to this website on a regular basis. Please visit us and come back to our website from time to time for the latest Forex technicals, charts and other information.
June 20, 2017
When it comes time to start trading Forex online, traders will start by selecting a broker, which will facilitate the trades being conducted. One of the great names in the business is OANDA, a pioneering brokerage that has been operating since the mid 1990s. With this broker, traders will benefit from many tools, useful tutorials and other great perks that can make trading even more exciting and rewarding. The online platform was launched in 2001 and since that time, it has been a preferred platform for traders from all over the world.
The 1 Minute Scalping Strategy
June 15, 2017
Forex traders who have experience in trading will be aware of many different strategies and techniques that can help generate successful trades and profits. One of the common strategies that is used is the 1 minute scalping strategy. In regards to the Forex market, scalping refers to method of trading specific currencies based on technical analysis. Traders will have the goal of making a profit by buying or selling while holding positions for a very limited amount of time and closing the trade to earn small profits. Most trades with the 1 minute strategy will be held for one minute or less.
June 2, 2017
When new traders make the decision to start investing online, they will have to make an important decision to begin, which is selecting a trading platform. A platform is the software that will be used to send information between the trader and their selected broker. This software can offer a large amount of information including charts and quotes and it is also used to enter orders that will be executed. There are different types of platforms, such as local platforms, which are installed on the computer by the trader and web based platforms, that are run with Java. The advantage of a web based platform is that it can be used by any operating system, so it is accessible to more traders.
May 18, 2017
Forex trading has become one of the most popular forms of investing and since it can all be done online with ease, it is simple for traders to access brokers and conduct trades at any time. While the Forex market may seem easy to enter, there are many things that must be considered before trading. There is a risk involved and traders who enter the market with little knowledge or no information on proven strategies will have a difficult time enjoying any success. Here, we discuss some strategies that have been used over the years and continue to provide traders with the tools they need to conduct successful trades and start generating profits.
May 5, 2017
Investing in the Forex market can be quite exciting and there are many options that can generate amazing profits. Unfortunately, many traders enter the market without the knowledge they should have and they often make common mistakes that can lead to unnecessary losses. Making mistakes while trading is part of the learning process, but there are some mistakes that can easily be avoided. For those that are price action traders, there is not as much information available online, so common mistakes are often made because traders cannot find the right information to help them conduct these tyupes of trades. Here, we discuss the top three price action trading mistakes that are made.