Forex No Deposit Bonus
Forex No Deposit Bonus is a new trend in the Forex industry where, due to tough competition among Forex brokers fighting to get new clients. It can be described as sandattractive banner Forex brokers use to benefit from the huge novice number in the Forex industry. It is usually absolutely free and the broker sponsors the trader's live account for Forex Trading.
It operates on the basis that, if traders make profits, they can withdraw but the bonus remains intact. The terms are that, there must be a certain criteria to be followed which is the volume of trading as well as funding of the account. Brokers usually offer the no deposit bonus to clients promising to assist 200% to make more profit. However, they have to research carefully on the benefits and consequences of running Forex no deposit bonus, in case they backfire in their strategies, to avoid bad reputation as a result of over promising.