GENERAL CONDITIONS OF MOST BROKERS

1.    Trade a specific amount of lots (e.g. 10 lots) within a specified period (e.g. 1 month)
 

2.    Deposit some amount after some trading before you can withdraw your profit.
 

3.    The bonus is not withdraw-able, for most brokers.
 

These conditions are different from one broker to another. Hence, a trader is expected to read the conditions attached to the bonus by the Forex broker before you apply for it. If you are satisfied with it, then go for it; else, forget it and move to the next broker’s bonus which suits you.

 

 GENERAL PROCEDURES FOR OBTAINING THE BONUSES

The procedures required are different from one broker to another. While some brokers may require simple procedure, some will demand more than enough such as connecting to social media like facebook, twitter etc. and comments in some Forex forums. It is left for the trader to undergo these procedures in order to succeed in obtaining the needed bonus.

However, the general procedures are as listed below:

1.    Fill in the registration form

2.    Open live trading account

3.    Verify your account by providing necessary documents

4.    Activate your bonus, or claim your bonus

5.    Pass SMS verification

 

FOREX BROKER	BONUS NAME	BONUS AMOUNT	VALIDITY	WITHDRAW REQUIREMENTS	LINK
Caesar Trade	Forex $200 No Deposit Bonus	$200	Until cancellation
Caesar Trade	Forex $1000 No Deposit Bonus For Traders and Speculators	$1000	Until cancellation
XM	No Deposit Bonus	$30	Until cancellation	Trade 0.5 lots  & withdraw profit