Binary options trading has come a long way ahead from where it started in just a few years. The huge competition among the binary options brokers to attract more binary options traders to their website has propelled the idea of binary options bonus.
It is a big boost for the binary options traders as they get a chance to claim a big amount for free.
Binary options brokers offer a certain amount to the new clients who join their website for free which is known as the binary options bonus. The bonus in some cases is not limited to first time deposit and there are a few brokers that offer bonuses on subsequent deposits at times as well.
The bonus offered by the binary options brokers differs from website to website. Some offer a fixed bonus amount or a fixed percentage of the amount you deposit while some offer a welcome bonus depending on the membership plan you subscribe to.
Generally you can get the same amount as the one you deposited as a sign up bonus as most of the binary options brokers offer 100% welcome bonus.
Just making a deposit does not mean that you will get the bonus. There are certain terms and conditions that you need to fulfil before you can claim your bonus. It should also be kept in mind that these conditions are not very easy to fulfil. You will have to put up a serious and dedicated effort to be able to claim the bonus.
The first important condition regarding the binary options bonus is that you will have to trade a specific volume before you can claim your bonus. This specific volume can be about 50 times of your deposited amount. If you made a deposit of say $100, you will have to make a total investment of $5,000 before you can claim your bonus.
Another key aspect of binary options bonus is that you have to trade the threshold amount within a certain duration. If you fail to invest the trade volume in a certain period, you will not be able to claim your sign up bonus. The time period is about 2-3 months for most of the binary options brokers.
You should also keep in mind that you can’t make a withdrawal before fulfilling your bonus conditions. If you do so, your claim for the welcome bonus will be discarded. If you are able to fulfil all the conditions of the welcome bonus, get in touch with the customer care team of your binary options brokers and they will get the bonus amount added to your trading amount.
It is important to understand that binary options bonus though a lucrative deal, should not be the only parameter depending on which you select your binary options broker.
It is not even certain that you will claim the bonus because of the conditions. So do keep in mind other features of the brokers before you decide to select one for trading in the binary options market.