I think a bonus is good in some cases, especially if you can take it with your current trading strategy/habit. Don't change your strategy to claim the bonus.
Deposit Bonus Brokerage
- Thread starter maxprotrader
- Start date
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Bonuses are typically offered by offshore brokers, many of which lack serious licenses and use bonuses as a tactic to attract traders—often leading to potential risks. My advice is to avoid getting caught up in offshore-exclusive brokers just for the bonus. If you’re set on pursuing a bonus, opt for a legitimate broker with an offshore entity, like Octa, for example.
The bonuses can be good way of attracting traders by these brokers however if we know how to use such bonuses effectively, we can add some more funds to our existing capital through these bonuses. The only thing to keep in mind that these bonuses usually come with certain terms and conditions so better know these terms before availing such bonuses.