{"id":87763,"date":"2016-04-06T12:36:16","date_gmt":"2016-04-06T16:36:16","guid":{"rendered":"http:\/\/countingpips.com\/?p=87763"},"modified":"2016-04-06T12:36:16","modified_gmt":"2016-04-06T16:36:16","slug":"%e2%80%8b7-best-ways-to-safely-use-deposit-bonus","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/04\/%e2%80%8b7-best-ways-to-safely-use-deposit-bonus\/","title":{"rendered":"\u200b7 best ways to safely use deposit bonus"},"content":{"rendered":"
April 6, 2016<\/div>
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By Admiral Markets<\/b><\/p>\n

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Dear Traders,<\/p>\n

Most traders know that a Forex deposit bonus is a reward that brokers extend to traders when they deposit funds to their account. <\/p>\n

It’s often considered a great opportunity, yet some remain sceptical.<\/p>\n

The reality is that a Forex deposit bonus offers a win-win situation for the broker and the trader, as long as the broker is regulated. <\/p>\n

We’ll talk more about regulation later.<\/p>

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Free Reports:<\/p><\/div>\r\n

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For now it’s just worth knowing that:<\/p>\n

\u2026for traders, the Forex deposit bonus offers free trading capital (bonus) from the broker for reaching a volume target (e.g. within six months at Admiral Markets)…<\/p>\n

…for brokers, the Forex deposit bonus helps generate higher trading volume and can attract new traders.<\/p>\n

But as with Forex and CFD financial trading generally – traders must exercise a cautious, balanced approach to using or unlocking extra funds. <\/p>\n

Now let’s take a closer look at how you can achieve this. <\/p>\n

Stay composed<\/h2>\n

Most traders rush to unlock the deposit bonus as quickly as possible. <\/p>\n

This quest leads to unneeded risk taking and over trading. <\/p>\n

Instead, apply a disciplined approach to using your bonus that includes consistently considering the risk of any trading action. <\/p>\n

Staying composed like this, can lead to benefits like the availability of more margin and the potential to unlock the bonus later on. <\/p>\n

Avoid going all-in<\/h2>\n

The term all-in <\/em>is used in poker to describe when a player decides to bet all his\/her chips (funds) on one hand. <\/p>\n

It’s a move aimed at getting a large win, while risking outright loss. <\/p>\n

Using this strategy in Forex trading generally leads to failure, due to the immense psychological pressure of managing such a high-risk trade. <\/p>\n

As I said earlier:<\/p>\n

\u2026 risk management is important at all <\/em>times\u2026<\/p>\n

…including when trading with a Forex deposit bonus.<\/p>\n