Brokers with Bonus
For a gold trader who wants to open an account, the trader might prefer to open a trading account with a broker that will give them an account registering deposit bonus, this way the trader has more capital to begin their trading with.
XAUUSD Brokers with Bonus
The bonus is aimed at raising a xauusd trader's capital so that a gold trader has more money to maintain their margin requirements. Margin is the amount of money on a trader's account that is required as collateral for your open trades - Security for loan/ trading leverage. If the margin level of a xauusd trader's account falls below required margin level, then the trader gets a margin call and all the open trade positions are closed automatically.
By giving a bonus top up the broker increases the trader's margin, therefore reducing the chance of a trading account getting a margin call, because one has more capital. This way, chances of trading for a longer period of time are increased. This is because more capital equals better gold trading equity management. By giving a gold trading bonus, a broker wants the trader to use it well so that they can trade longer. After all the longer one trade transactions, the more likely profitable they become and also at the same time making more money for the broker as well, therefore everyone benefits.
An Example
The bonus is a oftenly given by brokers and is intended to give trades a head start & a little more capital for trading - Online Brokers with Bonus - Broker with Bonus.
Advantages
An example of broker with bonus that gives a deposit bonus - Broker with Bonus, So what are some of the advantages:
The deposit helps the trader to manage their trading capital better. This is intended to add the Margin Level and capital so that a gold trader may trade for longer and at a lower risk as a trader will have enough capital to place trades and at the same time have a higher level of Free Gold Margin on their trading account.
The deposit bonus is issued for all deposits : therefore increasing the trader's capital to start trading with.
Trader can use this additional amount to help increase their margin & this amount when used as risk capital can be very helpful.
New - Getting Points for Loyalty
Just like supermarket shopping loyalty points, the following bonus points are also given to the traders as loyalty points for trading, these loyalty points can then later be redeemed as credit for trading.
Up to $6.67 Rebate Credit for Every Lot Traded
For Every Lot you trade you'll get credit points, these points can then be redeemed as shown below and used as additional bonus for additional capital, the more lots you trade the more credit back points you get.
Up to $6.67 Credit for Every Lot Traded: Get Rebate Credit Points
Loyalty Points - Up to $6.67 Dollars Credit per Lot Redeemed From Loyalty Points - Brokers with Bonus - Online Broker with Bonus
More Lessons & Tutorials:
- Why Do Gold Brokers Give Gold Leverage?
- How Do You Open Live Gold Account?
- How Do You Trade a XAUUSD Symbol in MT5 Platform?
- When Gold Market Opens & Gold Closing Time
- Bollinger Percent B or %b Gold Indicator Analysis
- Gold Trend-lines for Intraday Gold
- How to Trade Rate of Change Technical Indicator
- How Do You Trade MT5 Fibonacci Retracement XAU/USD Indicator on MT5 Platform?
- How to Place MT5 Moving Average Envelope Technical Indicator in Gold Chart
- How to Trade XAU/USD Charts Trends