welcome bonus vs deposit bonus: what is the difference?

The welcome bonus is only for new clients who just made their first deposit, while the deposit bonus is for both old/new clients who make a deposit.

I think the welcome bonus is a one-time offer for new customers while the deposit bonus is open to all customers who make a deposit. However, keep in mind that neither bonus is withdrawable, you can only withdraw profits made from trading with the bonus.

Deposit bonus applies every time you make a deposit. But remember that you cannot withdraw the bonus, only profits realized from trading with the bonus can be withdrawn. However the bonus acts as a buffer, adding to your free margin and allowing you to set a wider stop loss.