Personally I think they are a joke and waste of time. I did come across more and more brokers who do offer them and was wondering what you guys think about them?
What are your thoughts on $5 No Deposit Bonuses?
- Thread starter TheLastBear
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$5 no deposit bonus was that what got me into Forex 7 years ago. So I definitely do not think of them as a joke ;-).
Well, if you use it for a nano account and trade well, in a few months you should be able to upgrade. For what it's worth, no deposit bonus sounds good and hey, we are not going to lose anything by signing up, right? And on the flip side, when it comes to bonus - many brokers have tried to scam clients and we know how that story goes..
Any more info?
Any more info?
Yes, I know what you mean. I have heard the stories of brokers trying to scam clients who traded great with their no deposit bonus.
Allows you to open at least two positions on a micro-account. I would prefer a minimum of $50, but $5 is a joke to me.
$5 is good enough if a position can be sized to currency units. But, of course, $20 is better than $5 (like 4 times better ;-)), so there is nothing to argue here, really.
It is enough for start in forex trading!The broker gives you this money for checking the services. If it is not enough for you - you can participate in forex contests or use demo!
Also there are a lot of brokers who can give you possibility to withdraw the profit from "free welcome" money. Good luck.
I used nordfx to win some money from 8$ for free on welcome account.
Also there are a lot of brokers who can give you possibility to withdraw the profit from "free welcome" money. Good luck.
I used nordfx to win some money from 8$ for free on welcome account.
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