Account Open Deposit Bonus and Loyalty Credits - Brokers with Bonus
For a trader who wants to open an account, the trader may prefer to open an account with a online broker that will give them an account opening deposit bonus, this way the trader has more capital to start their online trading with.
Brokers with Bonus Promotion - Online Broker with Bonus - Account Bonus
The bonus is aimed at raising a trader's capital so that a trader has more money to maintain their margin requirements. Margin is the amount of money on a trader's account that is required as collateral for your open trades - Security for loan/leverage. If the margin level of a trader's account falls below required margin level, then trader gets a margin call and all the open positions are closed automatically.
By giving a bonus top up the broker increases the trader's margin, therefore reducing the chance of a account getting a margin call, because one has more capital. This way, chances of trading for a longer period of time are increased. This is because more capital equals better equity money management. By giving a forex bonus, a online broker wants the trader to use it well so that they can trade longer. After all the longer one trades, the more likely profitable they become and also at the same time making more money for the broker as well, therefore everyone benefits.
An Example
The deposit bonus is a oftenly given by brokers & is intended to give trades a head begin and a little more capital for trading - Brokers with Bonus - Broker with Bonus.
Advantages
An example of broker with bonus that gives a deposit bonus - Broker with Bonus, So what are some of the advantages:
The deposit helps the trader to manage their capital better. This is intended to add the Margin Level and capital so that a trader may trade for longer and at a lower risk as one will have enough capital to place trades & at the same time have a higher level of Free Margin on their account.
The deposit bonus is issued for all deposits : therefore increasing the trader's capital to begin trading with.
Trader can use this additional amount to help increase their margin & this amount when used as risk capital can be very helpful.
New - Getting Points for Loyalty
Just like supermarket shopping loyalty points, the following new bonus points are also given to traders as loyalty points for trading, these loyalty points can be later redeemed as credits for trading.
Up to $6.67 Cash Back Credit for Every Lot Traded
For Every Lot you trade you'll get credit points, these points can then be redeemed as shown below and used as additional bonus for additional capital, the more lots you trade the more credit back points you get.
Up to $6.67 Dollars Credit for Every Lot Traded: Get Cash Back Credit Points
Loyalty Points - Up to $6.67 Dollars Credit per Lot Redeemed From Loyalty Points - Brokers with Bonus - Broker with Bonus - Real Account Bonus