What you must know about binary options bonuses!

There are two types of bonuses: good binary options bonuses or risky binary options bonuses.

In binary options industry all brokers offers bonuses if you are opening a new account. A bonus is always a good thing. But before accepting the bonus you should read carefully the bonus terms and conditions.

In my opinion a good bonus has the following characteristics:

  • you receive real money in your account
  • you can make a withdrawal, even if you lose the bonus

A risky bonus has the following characteristics:

  • you receive money in your account that are not real, this means you can use it only for leverage
  • after receiving the bonus, you can’t withdraw money from your account until you fulfill certain conditions

There is a situation that may happened:

You open an account and make a deposit. For this deposit broker offer you a bonus. Because of the bonus you can’t withdraw money from your account until you make a trading volume equal to (deposit + bonus) * 10 to 30 times.

For example: deposit=$2000, bonus=$1000. In conclusions, you can’t make withdrawals from your account until you make a trading volume of $ 30,000.

What you need to do before you receive a bonus:

  • Read carefully the bonus terms and conditions
  • If you don’t understand the terms ask the broker to explain you details
  • It is possible to receive the bonus automatically. In case you don’t want the bonus you should refuse the bonus by mail before depositing your money.

In conclusion: if you want good bonuses, then read bonuses terms and conditions.

I wish you a successful trading ;).

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