Is it worth taking Forex deposit bonuses? Analysis on the example of NPBFX

Forex bonuses have long ceased to be know-how. Not surprising. Marketplaces, offline hypermarkets and even convenience stores - almost all of them today seek to attract us as consumers of goods and services with profitable bonuses. Bonuses include various promotions, loyalty programs, and more. It is logical that in the pursuit of profit on a trading account, traders are looking for brokers who offer Forex bonuses. But is it possible to put an equal sign behind every bonus on Forex and then write the word "benefit"? And is it worth taking deposit bonuses at all?

In the review, we will answer relevant questions in detail so that every interested trader receives criteria for choosing bonuses without a trick and double standards. Spoiler: Honest Forex bonuses exist. For examples, we will refer to the bonuses of a proven, experienced NPBFX broker, a company founded in 1996.

The concepts of a bonus in the Forex market

Forex bonus is a broker's promotional offer to new or regular customers aimed at obtaining advantages for a trading account, access to an extended service. The broker can encourage trading activity and customer loyalty to the brand both with monetary rewards and individual conditions (discounts on commission for large trading volumes, access to professional analytics, free training materials).

What can a trader get a Forex bonus for?

- Registration (in some cases, verification is still required) on the company's website.
- Deposit replenishment with a certain amount.
- High trading activity (for example, reaching the required number of closed lots).
- A mixed type (for example, registration and the first replenishment of the account are required).

Let's take a closer look at the "deposit" Forex bonuses – you make a deposit (your own funds to your trading account), and the broker charges you additional funds from himself to your account balance as a bonus.

At the same time, rather strict conditions for receiving a bonus may be indicated. For example, a deposit bonus is provided within the strictly allotted time and then debited from the account automatically. A deposit bonus that does not participate in drawdown and cannot be withdrawn from the account under any circumstances cannot be called useful.

Naturally, the question may arise – is it really possible to earn more with Forex deposit bonuses? Sure. But only if you use the bonuses you receive wisely – without going all out just from the realization that these funds are, in fact, "free". Therefore, in order to really make your bonus work for you, it is important to adhere to the rules of risk management, without over-trading and without resorting to unnecessary margin increases.

Bonus selection: what to pay attention to

But it is worth remembering that not all companies fulfill the proposed conditions or provide information as transparently as possible, without "pitfalls". Therefore, it is important to understand how to choose the right bonus and not run into deception. This task can be difficult, in particular for novice traders, because there are a large number of companies offering their services on the market.

In fact, it is enough to follow just a few simple rules to make the right choice:

- Trust only trusted brokers with a long history. It often happens that the most "sweet" conditions are offered just by one-day companies. Before registering, study the broker's work experience in the market, it is better to consider companies with 10 years of experience and above. It would not be superfluous to read reviews and reviews on the Internet using the ratings. Thus, NPBFX's experience is approaching 30 years, of which 20 years (1996-2016) is the banking period of operation, Nefteprombank JSC with a license from the Central Bank of the Russian Federation.

- Study all the broker's offers, not only bonuses. It is quite possible that something less pleasant is hidden behind the beautiful picture of bonuses - for example, huge spreads or additional commissions for using a trading account.

- Carefully read all the conditions for receiving bonuses. If you have not found the rules for using the bonus in the public domain, it is better to bypass such "brokers". Traders often encounter vague formulations on the use of the bonus ("cancelled at the discretion of the broker"). It's corny, but there may also be fine print, which many people simply prefer to ignore.

The best Forex bonuses with withdrawal

As an example, we have collected several bonuses that are offered by a time–tested and thousands of traders broker with a good reputation - NPBFX. The broker provides transparent conditions for accrual of bonuses and the opportunity to withdraw them from the account. The regulation of promotional offers is publicly available with all the details.

In order to get acquainted with it (and make sure that everything is really transparent), you can enter the "Documentation" section on the official website of the company.

Welcome bonus: +50% on deposit

This type of bonus is always very popular in the market. Because welcome bonuses are provided to new clients of the company after registration and making the first deposit. In the case of NPBFX, everything is simple: registration, creation of an account on the real market and its replenishment. Immediately after that, the broker adds up to 50% of the deposit amount to the account. The math is simple: you deposit $1000, you get an additional $500.

What is the advantage of such a bonus? You can significantly disperse the deposit, while the bonus participates in the drawdown, that is, it is a kind of deposit insurance. The broker does not impose any restrictions on the choice of trading instruments: you can use the funds received both in the usual currency trading and in trading stock instruments or raw materials.

Bonus funds are available for transfer to the balance of the trading account, as well as withdrawal.

Transfer of orders from another broker +30% to the deposit

If you are thinking about changing a broker, but you are worried that because of this you will lose your accumulated orders, which are not the time to close now, this is an offer for you. You can not only transfer orders from another broker to NPBFX, but also receive an additional 30% of your deposit.

Advantages:

- all orders, including hedged ones, are transferred;
- the balance is transferred in full;
- opening prices are saved;
- +30% is added to the deposit from the replenishment amount;
- bonuses can be withdrawn if a simple condition is met: closed lots are equal to the sum of all bonuses in USD.

To activate the bonus, you need to register, open a real account and send a statement of your trading account from the previous broker in order to further send an application for transferring orders to NPBFX.

A unique opportunity to recover some of the losses

Did one of the deals go wrong? Did the market make a sharp reversal and the loss turned out to be more than originally calculated? NPBFX broker will help to return some of the lost funds on unprofitable transactions to its clients.

To do this, you only need to take a few steps:

- Replenish your real Master account with an amount of $100 or more.
- Send its number, as well as your account statement with losses, indicating unprofitable transactions.
- The broker will study all the information and reimburse part of the losses in the form of bonuses.

Please note! The offer applies not only to accounts opened with NPBFX broker, but also to accounts of former brokers.

Return up to 60% of the spread with a Cashback offer from NPBFX

The spread can have a significant impact on the final profit. Knowing this, NPBFX broker has developed its offer with the ability to return up to 60% of the spread from each closed transaction with real money to the account.

How does this happen? The client of the company connects to the program by linking his Master account to it. After that, you need to top up the deposit with an amount of $ 100 or more. That's it, registration is considered completed. Every month there will be an automatic cashback calculation for closed transactions. Its size depends on the number of traded lots.

Advantages of the program:

- no need to register on third-party sites;
- accrual with real funds, that is, cashback is available for withdrawal;
– the amount of payments is up to $7 per closed lot;
- payments can reach up to $10,000 per month;
- cashback is credited for each transaction with a lot of more than 0.01;
- trading in several markets: FX currencies, crypto, stock indices and energy;
- a fully automated process.

NPBFX Broker: reliability on the market since 1996

We said that it is important to choose a company that has been represented on the market for a long time and has earned high trust among traders. NPBFX is one of the few "long–lived" companies. The broker continues to work with clients from the Russian Federation without restrictions, despite crises and numerous financial sanctions from individual countries.

Back in 2016, NPBFX became a Category A member of an international independent organization, the Financial Commission. This membership guarantees payments of up to 20,000 euros per client in case of disputes. It should be noted that there have been no such situations during the entire time of the broker's operation. NPBFX provides services based on the A-book model and adheres to a policy of absolute transparency, which eliminates conflicts of interest.

- STP/NDD technology with the withdrawal of transactions to the interbank market.
- Narrow spreads, low entry threshold (from $10), high leverage (up to 1:1000), instant execution speed (300-600 ms).
- 0 restrictions on the choice of trading strategies.
- 5 markets from one account.
- No hidden fees.
- Full transparency: all documentation is publicly available, you can read it before registration.
- An analytical portal where everything necessary for market analysis is collected in one tab.

You can open an account and receive any of the above bonuses on the NPBFX website by following the link.