Myth #5. A deposit bonus will make it harder to trade
It’s hard to imagine a trader who hasn’t heard about bonuses and most probably used it at least once. However, some traders are anxious to use bonuses: they think it will make trading and withdrawing profits harder. Today we want to debunk this myth.
You can trade and make profits without a bonus, but let’s imagine you decided to use a 50% one for your $100 deposit. https://pocketoption.com/en/cabinet/profile/achievements/market/ Nothing really changes for you: just trade as you always do. You can use the same strategies and assets. You do not need to do anything specific to track it either: any trade won or lost, will count into the turnover. There are only two exceptions to this rule: hedged trades and trades that you copied from someone else. Either way, you are just a click away from checking the turnover for your bonus. https://pocketoption.com/en/cabinet/promo/
Another reason some traders do not use bonuses is fear of not being able to withdraw profits. This is not true: you will always be able to withdraw your money. The only difference is that if you wait until the turnover has been completed, you will be able to withdraw the bonus amount too. However, if you decide to make a withdrawal before the turnover has been completed, the bonus amount will be removed from your account but your deposit and profits will remain.
The last myth is that you can get your account in the red if you use a bonus. This is not true either: your balance cannot go lower than $0. When you trade with a bonus, your deposit will be used up first, and in case of a loss, you will be able to use the bonus money to turn the situation around and make profits.
Conclusion
Do not hesitate to use a deposit bonus. It won’t make things complicated, you will get more money for trading and it will help in case you take losses. Try it by purchasing a bonus in the Market, https://pocketoption.com/en/cabinet/profile/achievements/market/ or use one of the free ones that we post on our social media https://pocketoption.com/en/about-us/#social/ and newsletters. And if you still hesitate, we understand: here’s our writeup on using Demo mode to get the hang of trading. https://pocketoption.medium.com/?p=e54d33337685
