why do brokers GIVE you money if its a trap
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genuine question i never got. if the bonus is free money why is it bad. broker hands me 100% extra to trade with, worst case i lose their money not mine right? where exactly is the catch
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the catch is the turnover requirement + the fact your money and the bonus get mixed. you cant withdraw YOUR deposit until youve traded some huge volume (like 30-50x the bonus). so the 'free money' actually locks up your real money. and the spread you pay reaching that volume usually exceeds the bonus. its a deposit lock dressed as a gift
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this. its not free money its a leash on your own funds. read any bonus terms and theres always a 'cannot withdraw until X lots traded' line. thats the whole mechanism
took a bonus, made profit, went to withdraw MY OWN deposit and got told i had to trade like 800 more lots first. felt sickHello! It looks like you're interested in this conversation, but you don't have an account yet.
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