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No deposit bonus Vs 100% bonus
There
are number of financial markets like money market, capital market,
forex market and credit market, which are integrated globally. But among
all the markets, the forex market is considered as the most developed
and liquid financial market, due to the multicurrency requirements
across the globe. Thus the trading of currency in the forex market has
become popular and traders are gaining enough profits through it.
The
terms like no deposit bonus and 100% bonus are also associated with the
forex trading. It is the brokerage companies coming with such schemes.
In forex trading, the brokerage company gives the platform for two type
of trading. The first is the demo trading, in which the trading is done
by the virtual money, involving no real money transaction. The other is
the live forex trading, in which the person can trade with the real
money. So the traders, who are not having enough finance and experience
to trade and to trade for more volume, then no deposit bonus and 100%
bonus plans are beneficial to them.
In
no deposit bonus, the trader will open the forex account through the
brokers without any initial deposit. It is brokers, who will deposit
initial deposit say 100$ to the traders forex account through which the
trader can trade in the forex market. On the other hand, in 100% bonus,
there is the need of initial investment by the trader in their forex
account. If the trader deposit say amount 100$ in forex account, then
the broker will add more 100$ from their side in the trader’s forex
account.
Thus no deposit bonus plan
will help the traders to get the hands on the real trading, without
involving any financial risk, because if they fail to make profit, the
loss will be bear by brokers, while through 100% bonus, the trader get
the chance to go for more trading volume.
The
disadvantage in no deposit bonus plan is that there are limited days
available for trading say 3 days to earn profits, if they fail then the
trading is not allowed and can resume only once the trader deposit
certain prefixed amount in their forex account. Thus there is limited
time to reach the targeted trading volume. But, in the 100% bonus plan,
there is no such conditions and have enough time to reach the required
trading volume without stopping their trading activity by the broker.
In
no deposit bonus, the terms and condition vary from various brokers
like some allows traders to withdraw only profits, while some brokers
allows traders to withdraw both profits and bonus, if the trader reach
the targeted trading volume and account deposits. While in the 100%
bonus, if the trader reaches the targeted trading volume, then the
trader can withdraw both bonus plus profits earned through trading.
As
there is no requirement of initial investment for no deposit plan,
there is less financial risk. And in the 100% bonus, the money is
deposited by both trader and broker, which results in increasing
leverage and in turn expose to more financial risk.
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