ThaddeusFinch
Junior member
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Hello everyone,
I'm working with a broker that offers an attractive bonus (%50), while the bonus isn't withdrawable, it can be used for trading. I'm curious to hear your thoughts on this type of arrangement. Do you think it's a beneficial option? What are the potential pros and cons of using a non-withdrawable bonus for trading in your opinion?
Thank you
I'm working with a broker that offers an attractive bonus (%50), while the bonus isn't withdrawable, it can be used for trading. I'm curious to hear your thoughts on this type of arrangement. Do you think it's a beneficial option? What are the potential pros and cons of using a non-withdrawable bonus for trading in your opinion?
Thank you
My broker offers a 40% deposit bonus, which has been beneficial for me tbh. As it allows me to open larger trades than I could. However, since the bonus increases your trading capacity, it might tempt you to overextend your positions beyond what your usual risk management strategy would allow. Balance is always the key.