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Be very careful with brokers that offer ridiculous bonus

Discussion in 'Forex Training And Education' started by pipexch, May 28, 2018.

  1. pipexch

    pipexch ECZ Member

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    Most of us new traders are so desperate that they enter into traps of some unscrupulous broker. Please read the Bonuses terms and conditions very well before engaging in any of them,, Like this broker Grand Capital gives a bonus of $500, this looks really good, but after reading their T&C its something else, like one of the clause in the T& C say that, you cannot withdraw profits from the bonus, rather, you have to deposit an amount equal to the profit made and then trade a particular lot size to be able to withdraw you money
     
  2. Sininfinity

    Sininfinity ECZ Member

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    Well this is one of the reasons I suggest people not to focus on bonuses and rather rely on your own money. Bonuses are good but it should not be your priority.