I desired a bonus out of Avatrade but in accore with their advertising.
It states, you need to trade 10,000 base instrument for every $1 bonus.
1,000,000 base instrument demand for $100.
But what is foundation instrument?
I desired a bonus out of Avatrade but in accore with their advertising.
It states, you need to trade 10,000 base instrument for every $1 bonus.
1,000,000 base instrument demand for $100.
But what is foundation instrument?
The first currency in the pair is the 'base currency'. The next one is your 'quote currency'.Originally Posted by ;
You probably know that the value of 10,000 GBP/USD is 10,000 GBP. The value of 10,000 NZD/USD is 10,000 NZD.
In this case both could launch $1 of your own bonus, despite the double price and double margin requirement of the GBP compared to the NZD.
Try to avoid any bonuses your broker provides, their objective is to subtract your deposit in trading account and also force you to open trades as far as possible. The risk of unlocking bonus (trading outside specific volume requirement) is much more than just making it regularly from your own deposited cash.Originally Posted by ;
Be cautious!
I was also wondering why the meaning of base instrument. Thanks for the explanation.Originally Posted by ;
For example, take the EUR/USD. To get a $ 1 bonus that you need to trade size is 0.1 lot.Originally Posted by ;