Many forex brokers offer a bonus when you open a new account. These welcome bonus and deposit bonus offers are made available to help the broker attract new clients to trade in the forex markets, but they also mean that you can open an account and get more money to trade with. In fact, some brokers offer a bonus of over 100%.
Before you accept a bonus from any broker, be sure to check their terms and conditions. The promotions often last for a few months and you have to start trading when you open the account in order to receive your bonus. You will normally need to do a certain number of forex trades with the broker before you will be able to withdraw the money from your account.
There are some good brokerage deals out there, but you really need to hunt around and find the best one. Using a site to compare forex brokers is a good place to start, as is reading reviews to see what experience other clients had with a firm.
Before you accept a bonus from any broker, be sure to check their terms and conditions. The promotions often last for a few months and you have to start trading when you open the account in order to receive your bonus. You will normally need to do a certain number of forex trades with the broker before you will be able to withdraw the money from your account.
There are some good brokerage deals out there, but you really need to hunt around and find the best one. Using a site to compare forex brokers is a good place to start, as is reading reviews to see what experience other clients had with a firm.