Let's explore the concept of 'increasing profit,' especially when working with limited funds. Consider a scenario where you have $100 to trade and have crafted a trading strategy that yields a 15% profit daily. Your initial profit is contingent on the size of your deposit. With a $100 deposit, your earnings would be $15. However, had you traded with $1000, your profit would have been $150.
So, how can you achieve this without requiring additional funds?
Experienced traders will tell you that almost all brokers provide margin trading. It’s an easy way of making a fast buck. For example, if your deposit is $100 and the margin is 2 to 1, then you can double your deposit by borrowing another $100 from the broker. One huge disadvantage of this approach is that margin trading is a paid service, and if your strategy is high risk, you may lose not only your deposit, but you’ll also owe the broker money. This is very high risk and often margin trading is only suitable for the most experienced traders.
So what other options are there? Many brokers provide new clients with promo codes and various top-up bonuses that can be used to trade on a real account. Similar to Uber which gives promo codes for free taxi rides. For example, the ExpertOption platform has a bonus program for new and existing clients, and it’s very easy to use. And the most important thing — bonuses are risk-free and will cost you nothing!
Let's give an example. You’ve just registered with ExpertOption, and you decide to deposit $30, so long as it’s within the first hour, your account will then be credited with $60!
If you deposit $250, then $500 will be credited to your account! Starting from $1000, the bonus does NOT double the deposit but adds $500 to it.
For example, if you top up an account with $2000, then $500 will be credited to your account. This promotion is valid for just one hour after registration and is only available to new clients! If you’re already a client of ExpertOption, you can still get a bonus, but it’ll be slightly smaller.
How does the bonus program work for existing clients? It's simple:
By depositing the amount of 30, 50, or 100 dollars you will receive a 20% bonus. For example, if you deposit $100, your account will be credited with $120, and so on. For the amounts of $250 and $ 1000, we will add a 30% bonus. The maximum bonus for existing customers is 50% and is provided to anyone who tops up by $ 2500 or more.
Here's a simple example:
Please note that:
For more details watch our tutorial video: