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 Verfasst am: 20. Feb 2023 07:54 Titel: Best Forex Bonuses in Malaysia (2023) |
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Best Forex Bonuses in Malaysia (2023)
The Forex market in Malaysia enjoys colossal popularity as it offers an opportunity to increase your capital. Currencies are actively traded by professionals and amateurs. This can be either the main or additional source of income. Of course, Forex is associated with a high risk, but with a competent approach you can successfully minimize it.To get more news about tradefills review, you can visit wikifx.com official website.
The broker that a trader uses to work in the interbank market is of key importance. Many brokers offer Forex bonuses, which are additional amounts to your deposit. In this article, we focus on Forex No Deposit Bonuses in Malaysia. We will also briefly review other types of bonuses.
What is a Forex Bonus?
Welcome Bonus Forex Malaysia, just like all other types of bonuses, is a marketing ploy by a broker aimed at attracting new clients. The benefit for the trader in this case is that the broker adds own funds to the first deposit of the trader. If we talk about Forex no deposit bonus Malaysia, the broker adds own funds even if a trader does not deposit funds to the account.
As a rule, you cannot withdraw the bonus amount, or you need to achieve a certain (rather high) trading volume in order to be able to do that. It is, however, possible to withdraw profit that you earned by using bonus funds. That’s the main motivation for novice traders. They have an opportunity to assess convenience and functionality of the platform with minimum investment, while their profit potential increases through the bonus funds.
Forex welcome bonus
The name of the bonus explains it all – a trader can get additional funds to the account from the broker only when he makes the first deposit. The bonus is not awarded for all subsequent deposits. Therefore, in order to get this bonus, you need to fund your account by at least the minimum deposit amount.
No Deposit Bonus Forex
As in the case with the welcome bonus, the name of the no deposit bonus is self-explanatory. It does not require making a deposit. Brokers provide their funds to the trader for free after registration and verification of an account. Many believe that the Forex no deposit bonus Malaysia is the best bonus, because it allows you to start trading without investing your own money.
This is the second most popular type of bonus after the welcome bonus. A trader makes a deposit of a certain amount and gets additional funds from the broker. The difference from the welcome bonus is that you can get a deposit bonus more than once. As a rule, these are promo bonuses, but some brokers award them for each deposit.
Forex no deposit bonus Malaysia is offered by many brokers, but not every one of them offer truly beneficial conditions. This also concerns Forex bonuses of other types. There are often “pitfalls” behind an attractive façade. For example, to enable withdrawal of bonus funds, a broker may require a trading volume that is unrealistic for a beginner.
Some companies offer better conditions, while the bonuses offered by other companies are not worth the effort. You can try and analyze all brokers operating in Malaysia on your own, or you can save time and use the table created by the TU experts on the basis of a summary analysis of the platforms with the most favorable conditions.
User reactions and the analysis conducted by the Traders Union experts show that RoboForex offers the most beneficial conditions on the welcome bonus Forex Malaysia. This is true for all types of bonuses this broker awards. Below we will briefly review each of them.
Deposit bonus
A trader can receive a bonus up to 120% for his deposit. A verified account is required for that. Bonus funds become available for withdrawal subject to certain conditions; it is also possible to withdraw profit for trading with bonus funds.
Welcome bonus
Forex bonus is available only to the users who register on the platform for the first time. After registration, verification and depositing funds (a minimum of $10), a trader can get an additional 30$. The bonus cannot be withdrawn, but it is possible to withdraw the profit earned from trading with it.
Profit share bonus
Every trader can activate this bonus when making a deposit. The broker adds an amount equal to 60% of the deposit made by the trader. What makes this bonus unique is that you can use it during “drawdown”. It cannot be withdrawn, but the profit earned by trading with bonus funds is available for withdrawal. |
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