{"id":701,"date":"2016-11-18T10:25:32","date_gmt":"2016-11-18T10:25:32","guid":{"rendered":"http:\/\/www.makemoneytradingreviews.com\/?page_id=701"},"modified":"2018-06-14T05:09:31","modified_gmt":"2018-06-14T05:09:31","slug":"draw","status":"publish","type":"page","link":"https:\/\/www.makemoneytradingreviews.com\/bonus\/draw\/","title":{"rendered":"Forex Draw Bonus"},"content":{"rendered":"
Trading currency pairs is very exciting and thrilling activity, given that the Forex market never sleeps and abounds in opportunities around the clock. Forex broker companies seem to have adopted that way of conduct and sometimes appear never to sleep themselves. Broker companies are exposed to harsh business conditions, and they try to outdo each other by securing more clients. They introduce many new trading features and conveniences for their customers. They know that giving things for free and rewarding loyal traders are the best promotion and marketing. All the brokers\u2019 websites display various kinds of bonuses which they offer. Broker companies know that many customers register with an account on the merit of a bonus they will get. The most famous bonuses<\/a> are the welcome and no-deposit bonus, which are highly appreciated since they do not require any investment on the part of the trader. The deposit bonuses are also very popular with regular traders who are always thrilled when a new deposit promotion is approaching. Regarding draw bonuses, they are always exciting and fun. Many Forex broker companies have taken a step forward and included the Forex draw bonus to cheer up their clients.<\/p>\n The draw bonus has been a part of the reward policy since the beginnings of marketing strategies and the first companies. The draw bonus is simply a game of chance where the winner is picked by random selection. Many Forex companies found it convenient to incorporate this bonus as a reward for their highly respected customers and traders. The draw bonuses come in many shapes and forms and cheer up one of the traders from time to time. Traders love draw bonuses given that they have to do nothing except wait to see if they are going to be the lucky one. Prizes range from additional trading credit to very exotic prizes not related to currency trading at all.<\/p>\n As already stated, a draw bonus could include some extra money that is going to be added to your account. Sometimes the extra money can amount to as much as $1,000. The conditions for the withdrawal of the cash bonus are determined by the broker, but they are usually quite simple and not that hard to achieve. Other draw bonuses include regular and VIP tickets for sports events, concerts, vacation trips to exotic destinations, devices, etc. As you can see, draw bonuses can be very attractive.<\/p>\n The usual procedure for a draw bonus is that traders have to be qualified to participate in the draw. Usually, traders are offered a special link over which they join the draw game and sometimes it requires registering with a new account (not always). Most frequently, they are asked to make a deposit of $200, $500, or even $1,000 or $3,000 to be eligible to participate. The deposits will be taken into account only if traders make them during the limited promotion time. The time can vary from a couple of weeks to several months. The traders are often required to trade a certain amount of trading lots (e.g. 10 Standard lots, 15 trading lots, etc.). Sometimes, they are required to contact customer support to apply for the bonus. Other draw bonuses exclude any new deposits, but simply reward some of the traders who have made a deposit in the last two weeks or two months, etc. As with other draw games, the first three or four lucky traders will get rewarded, ranked from the 1st to the 3rd place. Sometimes it is 5 or even 10 traders. Again, it depends on the value of the prize and the broker company\u2019s draw bonus policy.<\/p>\nThe Draw Bonus in the Forex Market<\/h2>\n
Variety of prizes<\/h3>\n
The Application Process for Draw Bonuses<\/h3>\n
Top Forex Draw Bonus Brokers<\/h3>\n