With the increasingly fierce competition in the industry, many brokers have launched various forms of bonus activities, and some bonus amounts are very high, and many trading friends like to find a platform with bonus. However, in this case of fierce competition and lack of supervision, the original as a common means of promotion of the donation activity, but also broke out a variety of problems.

Therefore, whether the bonus should be taken, if you want to take it, how to take it, has become a lot of investors will be confused. Today, Xiaobian will discuss with you about the problem of bonus.

Be sure to stick to your principles when you receive your gift

Generally speaking, in the domestic investment environment, bonus is a common marketing competition strategy, so getting bonus correctly is a feasible way to reduce transaction costs. However, at the same time, we must adhere to certain principles so that we can avoid the trap of giving money as a gift and make it a real welfare.

① Gift money is not equal to your own money

The first thing to know about a gift is to be absolutely aware that it is not the same as the money in the account, the actual money.

Almost every activity will have the requirement of bonus, investors must understand the description of the activity in detail before participating in the activity, including the withdrawal conditions of bonus (trading a certain number of lots, reaching a certain profit amount, a certain amount of deposit, etc.), the proportion (the publicity amount is issued in a phased proportional manner, etc.), the purpose (whether it can be withdrawn, whether it can resist losses, etc.), and so on. Time (the time required to obtain, the time required to withdraw to the account, etc.), and so on, some brokers will give detailed terms in the rules, but some will be vague. At this time, investors need to communicate with customer service staff to obtain detailed rules and provisions, if there is no understanding, it is best to find a professional for consultation.

② Bonus is not the reason for you to choose a broker

The first principle of platform selection is always formal and safe and smooth trading environment, on this basis, then consider additional marketing policies.

Due to the lack of domestic supervision, many brokers will introduce high bonus policies, and some investors can't help but compare the policies of various brokers and choose a broker that will give them the highest bonus, ignoring the fundamental principle of choosing a platform. No matter how high the bonus, no way out of the gold is useless, bonus should not be the reason for you to choose a broker.

Don't change your trading strategy for the bonus

Don't be fooled by the amount of money! If you want to make a profit in trading and gain a foothold in the market, no one relies on a bonus to achieve it. Therefore, no matter how tempting the broker's bonus policy seems, you must adhere to your trading strategy, strictly observe the trading discipline, and not excessive trading, after doing this, the broker's bonus can be accepted.

Watch out for a few bonus traps

Because of the problems exposed by the bonus activities, the EU MIFID II, the UK FCA, Cyprus CySEC and other famous regulatory agencies have halted the bonus policy. This is mainly because the bonus policy provided by many brokers will not only lead to vicious competition among brokers, but also may mislead investors and bring more trading risks.

The following Xiaobian will reveal several traps for you to give money, and you should be careful when you encounter these situations!

① Free money without deposit

As long as you open an account, you can give you dozens of hundreds of dollars as a bonus without even putting money in, and you can also make a profit! A pie from the sky, still so big, you dare to eat? Most of these bonus activities are launched on new platforms, and the security is really worrying.

② Only the gift does not raise the threshold

There's a threshold for the gift money, normal! But there is no free lunch. Some platforms will only tell you how generous the bonus is, without mentioning the conditions for obtaining it. When you enter the gold and find that you can't get the bonus or can't withdraw it, you understand how high the gift threshold is, and it is difficult to come up with gold.

③ Pay attention to the type of bonus

There are also many kinds of gifts, and there are a variety of preferential treatment or restrictions, which should be understood clearly!

Extractable & unextractable

Some bonuses can be withdrawn, generally after meeting some conditions such as the number of transactions can be withdrawn; Be aware that some have a time limit. There is also a kind of bonus is not extractable, this kind of bonus can generally only extract the income of the bonus, pay attention to those who even the income is not unconditional extraction platform!

Loss allowed & not allowed

A bonus that can bear losses is better than a bonus that does not bear losses. If you don't lose the bonus, you lose the principal and you can't trade.

In short, investors should remember one thing, be sure to choose a safe and compliant platform, bonus is just an accessory. If it is a broker activity, you may wish to actively participate after a thorough understanding of the rules, but you must not put the cart before the horse, and at any time the gift should not be a reason to affect the transaction.

Source: FX110