What do you think about free deposit from broker promotion?

[kaitokids]

There is a lot of broker give us free no deposit account. For example with my broker now FBS that give $5 for a new client.
Are these really helping us?

[wynnasuju]

Of course sir. Free deposit from broker,like FBS or other broker is very useful, because we can feel real trading without make deposit first.

[trader6]

Hello all. Hope all is well with each of you. I am new here, I hope to make this experience in trading a great one looking for advice on best first steps if anyone out there has any. Discounts is a great first step.

[duderex]

Free deposit from broker can brings two opinion, either it is negative or positive. The negative one is, it can be scam one. I have bad experience with the free deposit.
The positive opinion is: we can get free money to trade. We do not need to invest for trading. Plus, we can get chance in knowing the broker better, also to find it out either this is a scam or not.

[wynnasuju]

FBS give $5 Cash Reward to any micro account from this broker. And i think, it's very useful for FBS clients who wanna to trading with FBS and feel the comfortable service from this broker.

[salkhan]

By looking at how competitive the Forex trading business is, free deposit offered by brokers come as no surprise.

Just take it if it's free (or maybe you can even ask for it if they haven't offer that) but do remember how to choose the right broker. Learn how they protect your fund, find out if they are ISO certified and fully audited, check out whether they are an Straight Through Processing (STP) broker, etc.

[AdamFX]

Originally Posted by kaitokids

There is a lot of broker give us free no deposit account. For example with my broker now FBS that give $5 for a new client.
Are these really helping us?

welcome accounts are good for getting to know yours broker. Does FBS charges for deposits and widhdrawals?

[unclegober]

If we want to train our trading skills using real account without risking our own money , free no deposit promotion is the most appropriate choice, but if we expect to make money from this promotion I think is not the right choice, because as we know that this promotion has so many rules.

[mocharifin]

I think that, its good for helping our margin...
We should thanks for its,,,

[Lion]

As for me it is useless. You can’t w-w the money anyways. Or if can it is only a small amount. And if you don't lose anything, why would it make you fill like real trading.

[FXAndy]

It is very helpful! Especially in the combination with high leverage

[SlimFX]

The biggest one I've seen so far was around 15 EUR, and whatever money you make you cannot withdraw more than 15 EUR. Why would I need it? Lose 15 Euro won't teach you to much. But if I'm winning, I'd prefer to have those money in my pocket.

[shere1779]

If you have sure that your broker not scam, will be better if you make deposit and trade with your own money . Because trade with our money will give us more experience in trade especially with our trade emotion.
http://www.forex-metal.com/affiliate/47225/1

[Slugger]

It is good for new traders to have a taste of live trading. Although if you are sure about your strategy, there's no reason to play the games. In the end of all, 100$ is not something that you're afraid to lose.

[JimmyJ]

What can be better than having free money? If there are people asking if it is enough to start trading with 25$ deposit, 5$ for them will be 20% of account!

[unclegober]

Originally Posted by Slugger

It is good for new traders to have a taste of live trading. Although if you are sure about your strategy, there's no reason to play the games. In the end of all, 100$ is not something that you're afraid to lose.

Yes, there is no reason to equate forex trading like a game. Forex is different with a game. If we treat forex as a game, i'm sure we will not get maximal profit here. In forex trading, we should have good skills; management skill, controlling skills and analyzing skill.

[fatonahfx]

free deposit is good, but if just $5 free from broker is not enough....
it's so small and need more margin to trade with low lot..

[chin100]

I think free Forex bonuses provided by Forex brokers like 1PIPFIX are very helpful to traders. Traders can achieve their targets with the help of these bonuses.

[PapiaKhatunAsha]

Free deposit promotions from brokers can be enticing, but it's essential to choose a trustworthy one. FreshForex, with their promo code 'onlyfresh0923,' offers a solid option. They back it with years of experience and regulatory compliance

[dangtrader]

Originally Posted by kaitokids

There is a lot of broker give us free no deposit account. For example with my broker now FBS that give $5 for a new client.
Are these really helping us?

I've tried a few brokers with free deposit promotions like Hotforex, IB, etc. While it's tempting, I always make sure to read the terms carefully. Sometimes, there are withdrawal conditions or higher spreads. It's a good way to test a platform, but understanding the conditions is crucial.

[stafx]

There is no free soup so better to test any broker using their demo account and if finalized we can go test them further with small deposits first to test the processes which usually cannot be tested on demo like withdrawal etc. These demo accounts are free to download from any broker.

[tama13]

one must always be aware of the conditions that comes with it, personally i do not trade with bonuses, it tend to mess up things for me, try to keep an eye on the market and bonus conditions is a mistake waiting to happen, thats just me.

[stafx]

You are right since the terms and conditions are important while availing such bonuses else it become difficult to reach at certain threshold and make a withdrawal.

[tama13]

Free deposit bonuses from brokers can be a nice way to start trading with extra money, giving you more chances to profit without risking too much of your own cash. However, they often come with strings attached like strict rules before you can withdraw any profits or hidden terms that can be hard to meet. It’s a tempting offer, but always read the fine print to avoid surprises.