Jp markets bonus
If you have more questions about the JP markets bonus offering please write them down on the comments box below and you will be assisted by our team of traders.
Top forex bonus list
the JP markets broker has made its name as being the biggest broker in africa and also the first and only broker to give a service that offers same time deposits, and withdrawals that takes up to 2 hours to process.
JP markets 100% deposit bonus
The 100% bonus is available to both new clients and new existing clients of JP markets and it has no minimum amount required to get the bonus. The bonus applies to all deposits done using the JP markets mobile app and the JP markets website, the bonus is available to deposits up to R140 000 ZAR or equivalent dollar value.
Electronic FICA verification
on JP markets clients are allowed to trade while they wait for their FICA documents to be processed and if you are lucky enough your account can be verified electronically by the JP markets online portal.
No free bonus
JP markets does not offer a free welcome bonus, but have made their bonus to be available on all deposits as small as you can deposit. This is an opportunity to give traders some extra margin and further increasing their profit potential.
Deposits and withdrawals
the JP markets broker has made its name as being the biggest broker in africa and also the first and only broker to give a service that offers same time deposits, and withdrawals that takes up to 2 hours to process.
South african bank accounts
JP markets uses local bank accounts which include capitec bank, standard bank, first national bank and ABSA to process withdrawals quickly to local clients and international clients.
If you have more questions about the JP markets bonus offering please write them down on the comments box below and you will be assisted by our team of traders.
I hope you have recieved all the information you seek and thank you once more for browsing our website we hope to hear from you soon.
JP markets 200% bonus
JP markets broker is set to introduce a major bonus offering of 200% on all deposits done one the JP markets platform. The bonus was promised to fans on the JP markets facebook page where the followers were given a chance to vote if the wanted the bonus and by next week monday the bonus will be available for all JP markets clients.
The bonus will no longer be shown on the dashboard but will appear on the trading account once funds have been transferred into the mt4 trading account which I believe most have experienced from monday, 4th may 2020.
Cons and pros of the JP markets 200% bonus
The bonus will give traders the ability to open larger trade positions on a small account
The trading account will be big which means a $1000 deposit will give you an equity of $2000 making your trading balance to be $3000 which will give you the ability to trade bigger positions on a smaller account maximising your trading profits.
The bonus will be automatically removed once your lose your initial deposit
The sad part is the removal of the bonus when you lose an amount equivalent to your initial deposit meaning that if you lose 33% of the total account equity you will lose the bonus automatically.
This will be the hardest hit on new traders as they are the most not to be familiar with the trading terms involved with most forex brokers.
High risk of losing money than making money
The risk is beyond has increased with this new bonus as the previous bonus gave traders a 100% winning chance and a 50% losing probability.
Broker fails to respect clients
The broker has shown that they dont value their clients in which I believe they should have consulted with each persons account before they could introduce this bonus as clients are at stake of losing their money trading with this terms.
The broker was supposed to open a seperate trading account opening which contains these terms not to alter with running trading accounts.
JP markets might face regulation ban
JP markets has updated on their site recently that they will be allowing the current 100% bonus from 11th may 2020 with the new terms to get ready traders and get them familiar with terms and then fully roll out the 200% bonus offering to its clients investment accounts.
The broker has shared a summary of terms from the 11th may to avoid any regulatory bans that they might face for altering with clients accounts as many of the clients are not happy with the bonus offering being introduced.
So, let's see, what we have: ajaxsurf is founded with a vision to produce quality forex traders through education courses focussing on price action trading strategies. At jp markets bonus
No comments:
Post a Comment