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Abstract:4XC, a regulated broker, comments on the popular Forex promos and explains why a “50% Bonus” may be more interesting compared to a “100% Bonus” and “No Deposit Bonus”.
Andrei Laza, Business Development Officer of 4XC, commented:
When companies offer 100% bonuses it usually means an opportunity to receive small cash back for every trade. However, sometimes the funds of traders are non-withdrawable. Traders need to be very careful and aware of how they can use the bonus, as the requirements for the bonus can be ridiculously high to achieve, and most likely the bonus is not tradable. Our First Time Deposit bonus is tradable, meaning that it will increase clients equity and margin.
Moreover, if the trading account balance goes below 0 a client is still able to trade the bonus and recover his account. It may seem that a “No Deposit Bonus” is better than a “50% Deposit Bonus”. However, in fact, a “No Deposit Bonus” is exactly the same as opening a demo account, in which profits cant be withdrawn, unlike the “50% First Deposit Bonus” which also increases the trading margin and equity.
4XC is a true STP (Straight Through Processing) broker. Its business model relies on the success of our clients.
Being an execution-only broker with no dealing desk, 4XC accepts all types of traders and trading strategies, creating the optimal environment for success.
Added value to its clients is at the forefront of everything 4XC does, from best prices through to education, assisting clients to boost their trading experience to the next level.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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