What are the different types of forex bonus you find in a brokerage?

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There are many different types of Forex bonuses available. More commonly you will see a welcome, deposit, or no deposit bonus when you visit a Forex Broker site. Some brokers pride themselves on the fantastic incentives that they offer. Here's an explanation of what's available:

• Deposit Bonus: When you open a Forex trading account and make a deposit, you often receive some free money. This can be either a fixed fee or a percentage of your deposit. The deposit bonus has to be traded several times before it can be withdrawn.
• No Deposit Bonus: Get a fixed deposit reward without making a deposit. This type of incentive is perfect for new traders that don't want to risk their own money while getting used to trading. Sign up for an account, receive your bonus and start trading before you make a deposit and start trading with your cash.
• Volume Bonus: This is great for more experienced brokers or for those who plan to trade in large volumes. The offer works like a cashback as it offers cash rewards based on the amount you trade.
• Reward Bonus: A reward bonus is given as an acknowledgment of completing specific requirements. It isn't always cash however and can sometimes be training courses, books or other tools to help you improve your trading experience.

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