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normal post Forums Author Topic: Bonuses from brokers good or bad?
Jumpsman23
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xx Forums Bonuses from brokers good or bad?
on: July 4, 2012, 22:25
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Hello,

I would like to get fellow traders opinions on bonuses offered by Binary Options brokers, such as Banc De Binary. Do you think they are worth getting? Are they risky incase you need to withdraw your funds?

Happy Independence day to those in USA and peace to all others everywhere.
denny85
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xx Forums Re: Bonuses from brokers good or bad?
on: July 5, 2012, 07:32
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you will have to make x 20 turnover so think about it once you deposited and signed TnC youre in the trap

cherrycoke
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xx Forums Re: Bonuses from brokers good or bad?
on: July 7, 2012, 05:10
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there is no good or bad. its a case of how your trading profile could leverage on such a promotion or not. i trade for a living. i can easily chalked up massive amount of traded volume and in this case, any bonus promotion is a welcome for me.

P.S
24Option has not been offering me deposit bonus after i took 2 offers from them early this year. i easily met my required traded volume in 2 days.

http://www.cherrycokesignals.com/
https://www.signalpush.com/providers/cherrycokesignals/?cid=157
A.Johnston-
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xx Forums Re: Bonuses from brokers good or bad?
on: July 9, 2012, 05:34
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Unless you're planning on really sticking it out with a company and meeting the trade volume requirements, don't count on bonus offers too much! Of course, they're a nice bonus if you do meet the requirement icon smile Forums

If you're worried about getting bonus funds and real money mixed in and not being able to withdraw, just talk to your account manager. They'll sort it out. I trade with BDB and haven't had a problem yet.

I also use Markets World - they keep bonus funds separate from your playing money until you've met the rollover requirement (they're pretty small compared to other sites though, the developers still have some teething issues to sort out but the customer service is pretty responsive).
luz898
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xx Forums Re: Bonuses from brokers good or bad?
on: September 6, 2012, 04:23
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hello everyone, i am a newbie and would like to know more about the bonuses being offered. honestly, i am afraid of getting any bonuses because i do not fully understand what it means and i have been reading a lot of other reviews about NOT getting bonuses because it hinders your withdrawals, etc. the reason why i still haven't opened a real account yet is because i'm still looking for brokers without bonuses.

can anyone kindly clarify this for me? or for other newbies? i really don't understand this.
please help. thank you so much =)
eluv007
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xx Forums Re: Bonuses from brokers good or bad?
on: September 8, 2012, 18:58
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It's simple, if you accept a bonus, you will normally with most brokers have to trade a total amount of 20 times to 30 times your funding deposit plus bonus before you are able to withdraw any money from your account. Example: you fund with $500. and they give you a 100% bonus of another $500. Therefore you have a total of $1000. in your account to trade. Until you have made trades that total an amount of $20,000. or $30,000. depending on your broker's requirement regulation, you cannot withdraw any money. Cheers

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luz898
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xx Forums Re: Bonuses from brokers good or bad?
on: September 9, 2012, 03:24
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thank you so much for the explanation eluv007...now i really do not want to accept any bonuses. i now hope bonuses are not automatic in new accounts because for newbies like me, it will be very difficult to meet that requirement...(sigh)
daystar
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xx Forums Re: Bonuses from brokers good or bad?
on: September 9, 2012, 09:11
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Quote from luz898 on September 9, 2012, 03:24
i now hope bonuses are not automatic in new accounts because for newbies like me, it will be very difficult to meet that requirement...(sigh)

This is something that I have been thinking about too... is there actually a possibility to reject a bonus offer from brokers such as 24 Option or Banc de Binary and trade only with the funds you deposited? Or are the bonuses obligatory?

I would really appreciate if somebody could shed some light on this. Thanks!
radical13
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xx Forums Re: Bonuses from brokers good or bad?
on: September 9, 2012, 11:50
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If I did not sternly specified that "I do not want any bonus" every time the bonus of the day was added to my deposit to prevent me from withdrawing before the rollover requirement was slapped on which without a good strategy means that before you rollover you funds 20-30 times it is likely gone. Make sure you specify no bonus and after you deposit IF you see a higher sum in your account don't be happy, be wary! Do not place a single trade and contact the broker and ask for the bonus to be taken off.. you'll be glad you did!

Cheers

petefader
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you lack discipline Forums
xx Forums Re: Bonuses from brokers good or bad?
on: September 12, 2012, 16:10
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When I trade forex, I usally refuse their bonuses because of too much hassle.. Need to trade certain amount of times etc... I said to myself, after that many trades, If I'm not profitable, then the bonus won't help anyway lol

The same thing happens with BO

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