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A Forex reward bonus is a promotional incentive offered by brokers to attract traders. It often involves receiving a percentage of your deposit as a bonus or trading credits.
After signing up or funding your trading account, the broker credits the bonus amount to your account. Some bonuses can be withdrawn after meeting specific trading conditions.
Not exactly. While the bonus can boost your starting capital, most come with conditions, like trading volume requirements, before you can withdraw either the bonus itself or profits earned using it.
Yes. Bonuses can encourage overtrading, and you may need to meet strict conditions. Always calculate if the bonus aligns with your trading goals.
If conditions aren’t met, the bonus may expire. In some cases, profits earned with the bonus could be restricted or lost.