since deposit bonus is not withdrawable, then what's the point?

@khumalo_thembisa - 11 months ago - Forex Education

Forex brokers do not allow you withdraw the bonus they give you when you make a deposit, and the conditions for withdrawing the profits you make are always unrealistic. so why should i bother about getting the deposit bonus? I could simply opt not to get the bonus, or am i missing something?

@dominykas - 11 months ago

Although the free deposit bonus is Non withdrawable, it still adds to your margin level, keeping your trades open for longer when the market is moving against you.

@aisley - 11 months ago

To add to what @dominykas said, imagine your broker has a 20% stop out level and your margin level has fallen to 25%, you will be at the verge of being stopped out of the market. But if you have a deposit bonus of, say 50%, it will boost your margin level to 75% thus buying you more time in the market for the tides to change.

@hosea_makelele - 11 months ago

Deposit Bonus vs No-Deposit Bonus

The broker puts the "deposit bonus" into your trading account so it adds to your free margin. However, for the one they call "no-deposit bonus" be careful because that one is not put into your account, so it doesn't add to your free margin.

The broker will usually create a separate account for the no-deposit bonus, and you trade from that account.

@maasai_princess - 11 months ago

It adds to your account equity, so that you can set a wider stop loss on trades than you would have without a deposit bonus.