Hey guys, Want to accept a challenge from Hanseatic broker they supply you with 100 bucks as you sign up on live account but volume is 20 lots (5 trades min). Do you think its possible with 1:100 leverage? For how long? Main question is is worth to spend time on? Thank you for your opinion..
If you have a trading robot, there's no problem. Once I tried to do that with manual trading and it took a lot of time! It didn't worth the effort. And of course, you have to trade over-leveraged so there's a lot of chance to blow the account (even with a very good trading strategy). If Hanseatic offers that is because they have done the math already and they know that it is very difficult to achieve.
That you even had to ask the question in the first place means you did not do your due diligence. Don't attempt to trade live yet.
That is not impossible but very hard. I contacted their support and they provide a different information. You can withdraw after the balance reach $500 (& Equity). So, you have to make $600 to get $100 or $700 to get $200!
Its not about due diligence, but about sharing experience of trading with no deposit bonuses. They are not offering 1:500 or 1:1000 leverage as casino-like brokers, max is capped at 1:100. If you have experience trading out any bonus jus let me know how long does did it take for you to complete volume requirement Thanks.
I am trying with their social platform. I think I am in progress. My closed trades and below running trades. I think I am good as you guys
I find it a bit uncomfortable to trade on mobile so I use their hanseatic MT4 platform to execute trades. Swipestox is used when I'm on the go. What I really appreciate that despite beta version of the platform it is extremely fast... much faster than other social apps platform like from FXstat or eToro..
There is nothing better than MT4 to me . I have traded with eToro, tradeberry and found swipestox faster and easier to share and copy trades.
That's great that you found suitable place for trades. Guess it take you some time and efforts, research and understanding the pros and cons of companies in this business. I'm still at the crossways of high and low leverage, great urges me to take high risk while rational mind understands that saving your money comes first and then earning additional and low leverage is instrumental with that.