This year we started recommending Zentrader to traders looking for a broker.
In general the feedback has been positive, but we always have people saying something along the lines of “why would I choose Zentrader when broker X gives me a 100% bonus…”
Put simply, these types of bonus offers (100%, 200% etc.) are an illusion and can be a major trap for new traders. They often come with impossible volume trading requirements.
We have seen terms and conditions where the trader must trade the bonus and their deposit 50x before they can withdraw it. Effectively meaning their funds are locked up!
Whereas the Zentrader cashback bonus is genuine and only requires you to trade it 1x before you can withdraw it. You will also receive any profits made on those trades.
We wrote a piece on the Zentrader Bonus Cashback Here.
Good luck and be careful out there!