Even though the rate of success in the forex market is just 10%, it is really a luxurious market with lots of wonderful promotions offered to investors. It may not sound like it, but it is true; both the bonus and the fact that the market is luxurious. Traders that put in quality efforts into developing their trading skills and experience already have almost what it takes to make it in the forex market. With offers like a free forex no deposit bonus of $200, such traders can even do more. It is not right trying to make anyone believe that all they need is the free bonus (like the alleged trading robot that makes money for the owner while they sleep), it is also important that traders keep in touch with reality while they make the best out of these free no deposit bonuses.
WHAT ARE THESE BONUSES ALL ABOUT?
It is really wonderful what forex brokers do in the name of competing with each others. A free bonus of $200 or even more for their clients to trade with, even without making any deposits. All that is required of the client is to sign up with the broker and enjoy the benefits they offer.
Three good reasons every trader should sign up for bonuses like this are
- THEY ARE FREE:
No financial commitment is required of the clients, and the process is a simple one. Submitting identifications, POA, and phone number is about the only mindful thing applicants of such bonuses have to do.
- IT IS AS REAL AS IT GETS:
Often, many associate the free forex no deposit bonus with demo trading because there was a time demo accounts was tagged a free forex no deposit account. Currently, the free forex no deposit account is nothing but a real forex account with a real free deposit of $200 or more for forex trading; so it is real.
- WTHDRAWAL OF DEPOSITS:
While the bonus money deposited free into a trader’s account cannot be withdrawn, the profits made by trading with it can be withdrawn. This is understandable and wise on the path of the brokers offering the bonus.
Even though these sounds good, it is important to understand the terms and conditions associated with such services before subscribing to them. Some bonuses do not last more than seven days, cannot be used to place more than five trades at once, and the trader gets a maximum of one lot per position.
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. 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 2004/39/EC.