Forex is always priced in pairs between two different types of currencies. When you make a trade, you have to buy one currency and sell another at the same time. If you want to exit the trade, you must buy/sell the opposite position. If you want to leave the trade, you will have to sell Euros and buy back US Dollars.
The catch is that you cannot withdraw the $300 bonus until the broker makes a profit of equal amount. So how does the broker make the profit so as to give you the bonus, the answer is the broker makes his profit through spread. So if you trade EUR/USD and the spread is 3 pips, the broker will make a profit of $30 for every 1 contract you trade. So you must trade 10 contracts so that the broker can make a profit of $300.
Once you are done, you can begin to trade. You can start with a practice demo account before committing your money. You can start with as low as $100 with some brokers but I will recommend that you start with a minimum of $250 when you open a LIVE account. It is always wise to practice first before you invest your hard earn cash.
In no time at all, you'll learn the system and see how you can help your robot help you make more cash. Manage your expectation, understand the risks and remember that you need to put in more to get more.
Then you might be required to put some money https://www.businessworld.ie/news/Why-You-Need-Trusted-Broker-to-Succeed-in-Online-Forex-Trading-570113.html in your account. These were the requirements I came across whilst joining a Swiss forex broker earlier this year. Shop about, you may be luckier.
The only person that will prevent you from making 300 dollars with this system is YOU. This is the same person that has held you back from moving forward for years now. Immediate action is required of you right now.
By giving you a bonus top up your broker increases your margin, therefore reducing your chance of getting a margin call, because you have more collateral. This way your chances of trading for a longer period of time are increased. This is because more capital equals better money management. By giving you a bonus a forex broker wants you to use it well so that you can trade longer. After all the longer you trade with a broker the more profitable you become as a client.
Write something about yourself. No need to be fancy, just an overview.