Question about bonus

[Drogba619]

Hi,

I am new to trading and few days ago made an account in Plus500 to get 25 bonus. I invested in few commodities and madesome profits with leverage, now my balance looks like that:
Available: 122,01€
Equity: 278,32
M.Margin: 78,16
P/L: 67,62

So what I want to know, does this profit mean that this Equity mean the money that I actually have if I close all the positions?
Sorry for that stupid question

 

[gerryg]

Hi,

I am new to trading and few days ago made an account in Plus500 to get 25 bonus. I invested in few commodities and madesome profits with leverage, now my balance looks like that:
Available: 122,01€
Equity: 278,32
M.Margin: 78,16
P/L: 67,62

So what I want to know, does this profit mean that this Equity mean the money that I actually have if I close all the positions?
Sorry for that stupid question

Its equity

Margin is a money "reserved" for your current trade.

 

[progix]

Bonuses might be good but they are associated with certain terms and conditions as well so its better to understand the terms before availing them.

 

[gerryg]

Bonuses might be good but they are associated with certain terms and conditions as well so its better to understand the terms before availing them.

Better to not use them at all because, first that newbie need to learn is to how manage risk correctly. I use a bonus from Нotforex but only on separate account for extremely high gamble-like trading. I know what I'm going for and know bonus is not a freebie from a broker.

 

[SmartFXRebates]

Better to not use them at all because, first that newbie need to learn is to how manage risk correctly. I use a bonus from Нotforex but only on separate account for extremely high gamble-like trading. I know what I'm going for and know bonus is not a freebie from a broker.

Time for bonuses are coming to an end due to regulators.
With forex rebates you can get paid by your trading volume and rebates have no restrictions or qualifications. They are always paid out in cash.

 

[juuan]

Bonuses might be good but they are associated with certain terms and conditions as well so its better to understand the terms before availing them.

Exactly this ↑ ↑ Be careful

 

[gerryg]

Time for bonuses are coming to an end due to regulators.
With forex rebates you can get paid by your trading volume and rebates have no restrictions or qualifications. They are always paid out in cash.

What is your spread rebate for Нotforex?

 

[SmartFXRebates]

What is your spread rebate for Нotforex?

$7.00 ( 0.70 pips ) / lot round turn

 

[progix]

Never tried getting this rebate term before, can someone please enlighten a little more so that i can also avail this on my account!

 

[mpups]

It can be, but when it is time to use any bonus offer then we face lots of restrictions. Disgusting

you're right its disgusting that they don't give you free money. i feel the same.