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Brokers do this to ensure you are real person not a bonus abuser.Welcome bonus is like free money (if you are smart forex trader you will use it) and it’ll be credited to your forex trading account, usually as percentage on the top of your first deposit.For example, your first deposit initial investment of $500, and welcome bonus will be 60%. How to calculate trade discount in accounting. In such a case you will be credited with additional amount of $300 at the top of your initial deposit of $500 as a gift.You total balance would be $500 $300=$800Be careful, because bonuses can NOT be withdrawn in most cases, you can only use them for trading! Even if you’ve been with a forex broker for many months or even years, you can stumble upon a good deal that is targeting old clients and improving a customer loyalty.Example: You have in your balance $800 ($300 out of that is signup bonus from broker) and you make profit of $5760. In case you are a valuable client and you meet special requirements, from time to time (usually once or twice a year) you might be contacted by your account manager and obtain FREE money as a thank you for you loyalty.
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