And there have been times where you can keep on making money, but when you try to take it out...Good luck Charlie, and why they are not in USA. And since they control prices and you hit market order, can you see delays on each trade, so where you were going to take profit you are only getting in. The rules for USA exchanges are much tougher for your protection, and foreign forex dealers have rules for their protection and wealth.
I think this is real, I have made some inquiries on this and thoroughly navigated that page to the bonus. I think you should do that too, from what I saw and understood from that page we have all we need to understand and benefit from that bonus. I think at the bottom of that page, reasons are stated that could lead to cancellation of the bonus too. Which is quite flexible I think.. You should look at that too. What I have always done though is to chat with them, maybe that can help!
I can hardly believe that there's apparently a serious conversation here about an offshore "broker" offering a 500% bonus! Some people just won't be told.
Many broker offer bonus and I think kinds bonus like as no deposit bonus and bonus deposit still attract many trader and this is quite effective as promotion campaign, in addition for newbie I think will become one way to start trading with bonus capital
I totally agree with you, sometimes we get carried away with these offers that we forget to look carefully before jumping in. A thorough look at the terms and condition under such bonus should be carefully considered, thereafter we can think of participating. I must admit, I got overly excited when I saw the news of the bonus offer, but later got some details on it which was satisfactory!
Indeed usually bonus also has certain rules, maybe different broker will differrent rules, and as trader also need o reading term and condition of bonus, because often bonus huge number but so many restriction and need fulfilled rules that hard to achieved
No genuine broker ever has (or can possibly afford) an offer like this. Most of you guys are missing the point that this isn't a genuine broker: it's a counterparty market-maker (doubtless calling itself a "broker" because they're allowed to do that, and people fall for it).
All such bonuses are associated with several terms and conditions so they could only be used after knowing their terms and conditions, otherwise they could become a problem too. However some traders make good use of these bonuses and get a chance to earn more than expected.
I doubt this very much, and the few people I know who've previously worked in brokerages tell me that it isn't so. The reality is that these "bonuses" are a substantial red flag, as they speak of the type of naive clients the broker's specifically aiming to attract, and offer concommitant implications about their own business model.
500% is quiet big, im yet to read the terms that comes with it, 100% might be acceptable thought the terms that comes with it is a bit tough, never the less. I dont trade bonuses on my lmfx accout though they offer 100% and allow US traders. I keep it clean and simple.