A lot of brokers will offer Binary Options trading bonus incentives usually upwards of 100% meaning if you agree to the bonus ( this is totally optional ) the deposit you make will give you at least double that to trade with, for example;
Your deposit – $250
100% bonus – $250
Tradable account balance – $500
This means you now have $500 to trade with, but don’t think that you can now withdrawal your $250 and just trade the brokers money. It does not work like that.
In most cases you will have to make a certain amount of trades, or trade a certain amount of dollar volume before you will be able to make any sort of withdrawal at all.
Most new traders don’t realise this, and they will sign up for the bonus before reading the Bonus Terms and Conditions, this has now locked their trading account until the terms and conditions of the bonus offer are met, and in most cases causing the new trader to loose their entire trading account. The best idea is not to accept the bonus.
Usually negative comments will appear about reputable brokers not letting people withdrawal their money, and usually it is because they have taken the bonus offer and have not met the Terms and Conditions of their bonus but they won’t mention this in their comments.
Please read and understand all Terms and Conditions before agreeing to anything.
Once you are comfortable with trading and have a few strategies that are working for you and you are winning more trades than you are loosing, this is a good time to accept bonuses as it can help grow your trading account significantly, by either raising your bid amount or allowing you to take more trades while not risking your own money.