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Forex Bonus No Deposit May 2015 is a promotional offer provided by forex brokers to attract new clients. This bonus provides an opportunity for traders to start trading without risking their own funds. In May 2015, there were several forex brokers that offered no deposit bonuses to their clients. Let’s explore more about this topic in this article.
What is a Forex Bonus No Deposit?
A Forex Bonus No Deposit is a type of bonus that is provided by forex brokers to their clients without requiring them to deposit any funds. This bonus is provided as a promotional offer and is aimed at attracting new clients. Traders can use this bonus to start trading in the forex market without risking their own funds.
How Does a Forex Bonus No Deposit Work?
To avail the Forex Bonus No Deposit, traders need to register an account with the forex broker that is offering the bonus. Once the registration process is complete, the bonus amount will be credited to the trader’s account. Traders can use this bonus to start trading in the forex market.
Pros and Cons of Forex Bonus No Deposit
Pros:- Traders can start trading without risking their own funds.- It is a good opportunity for new traders to try their hands on forex trading without investing any money.- Traders can test the broker’s platform and features without any financial commitment.Cons:- The bonus amount is usually small and may not be enough for traders to make significant profits.- There are usually strict terms and conditions associated with the bonus, which may limit the trader’s freedom to trade.- Traders need to fulfill certain trading volume requirements before they can withdraw their profits.
Forex Brokers that Offered No Deposit Bonus in May 2015
There were several forex brokers that offered no deposit bonuses in May 2015. Some of them are:- XM: offered $30 no deposit bonus- FBS: offered $123 no deposit bonus- RoboForex: offered $15 no deposit bonus- Tickmill: offered $30 no deposit bonus
How to Choose a Forex Broker for No Deposit Bonus?
When choosing a forex broker for a no deposit bonus, traders should consider the following factors:- Reputation and regulation of the broker- The amount of bonus offered- Terms and conditions associated with the bonus- The trading platform and features offered by the broker- Customer support and responsiveness
Frequently Asked Questions (FAQ)
Q: Can I withdraw the bonus amount?A: No, traders cannot withdraw the bonus amount. However, they can withdraw the profits made from trading using the bonus amount.Q: Is it safe to trade with a no deposit bonus?A: Yes, it is safe to trade with a no deposit bonus as long as the broker is regulated and trustworthy.Q: Can I avail of the no deposit bonus multiple times?A: No, traders can avail of the no deposit bonus only once.
Conclusion
Forex Bonus No Deposit May 2015 was a good opportunity for traders to start trading in the forex market without risking their own funds. However, traders should carefully read the terms and conditions associated with the bonus before availing it. Traders should also choose a regulated and trustworthy broker for trading.