Forexball leverage ratios
We encourage every trader to comment on the Forex bonus deals he has tried and share the outcome with the rest of the readers. This is why we would be happy to learn more about exactly YOUR experience. If you register for a certain bonus campaign through our site — please take a moment and comment about it. This is an ultimate way of creating the best Forex bonus list that can be trusted, so help us help you.
Forex Bonuses From Unregulated Brokers As we all know, rules and regulations are one of the foundations of our society, and without these aspects — our entire civilization would crumble, and all the progress that we made would turn to dust. The global financial market is no exception to this fact, and when it comes to Forex trading and Forex bonuses, rules and protocols are immensely valuable. However, not all companies in the Forex trading sector are the same, and broker houses come in all shapes and sizes.
Also, their intentions are different, and some organizations are entirely fair and professional while others are operating with malicious intent and they are luring people into scams and frauds. Avoiding all these challenges can be a tricky task, and that is why it is necessary to learn a thing or two about foreign exchange before going deeper into the process and investing your hard-earned money.
Our guide will cover all the elements that you need to know, and this will allow you to easily differentiate regulated brokers from unregulated ones, which can be a crucial factor in picking the right broker house for your needs. Also, you will learn why some brokers are choosing not to apply for a license and how their trading bonuses can be a good option for you after all. The role of Forex bonuses Companies that provide platforms for Forex trading are called brokers, and they are using all sorts of techniques and tactics to attract their customers.
In other words, they are using those systems either as an enticement for traders to sign up with them or as a retention tool to keep them interested and active on the trading platform. One of their most used methods comes in a pretty straightforward form — a Forex bonus.
What this exactly means is that the broker company in question will reward its clients with a particular amount if the trader fulfills a certain set of requirements. Different broker houses have different definitions and ideas of what a bonus should be, and this can sometimes confuse the investors and cause a lot of headaches and frustration. Also, come companies will offer VIP bonuses and various loyalty programs to their clients.
All of these types of trading benefits can be useful and helpful, but only if they are issued in a proper manner, i. How are Forex bonuses regulated? As we already said at the beginning, rules and regulations are fundamental to the success of our overall society. The same applies to the financial world as well. And even though some brokers are opting for the opposite approach, the vast majority of them are applying for licenses and approvals from various regulatory bodies.
When it comes to forex trading, the European jurisdictions are notorious for their strict and demanding protocols and procedures, which enables them to set high standards and to oversee the entire trading process. Either way, they are in charge of protecting the interests of the traders, and that is why most investors are reluctant to deposit their money if a broker house does not have a seal of approval from a regulatory agency. Trading with unregulated brokers Traders who are only interested in finding the trading benefits can often ignore the fact that a particular broker is not licensed.
This behavior comes from the fact that some broker companies willingly refuse to apply for an audit by a regulatory body, even though they operate in a fully professional and transparent manner. The reason for this is simple — money. In other words, the process of gaining a license is pretty costly and time-consuming, which is something that most young companies are unable to afford.
By skipping this step, they reduce their operating costs, and what is even more important when it comes to bonuses — they are left with extra cash that they can spend on their clients. Traders get top Forex bonus deals, and broker houses save money and even attract more customers.
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