Umarkets - umarkets.com

[KariPlov]

You’re offered a bonus of 30% of the initial deposit at registration. I read the conditions for granting bonuses, it says that for every thousand you will have to make a turnover of $ 10,000,000. Quite a great figure! Does anyone agree?

 

[Fanaudy]

Never mind. One thousand dollars is one lot, that is, 100,000 basic units. Thus, for working off one thousand, you need to make 100 orders. It would seem a lot, but the action is valid when you deposit 5000, that is, the total deposit is much larger, respectively, and the possible volumes are higher. Let’s calculate: 1,500 bonus +5000 = 6500 dollars. 15 million turnover will be worked off with 24 full volume orders.

 

[KariPlov]

The number of orders decreases four times. It's a lot anyway. And who will work with a full lot? This is a risk.

 

[Fanaudy]

No one forces to open orders for the entire deposit. Trade as you think you should. Umarket gives three months to work off bonuses. The term is quite large.

 

[Christof]

You can reject bonuses, if conditions don’t satisfy you))) In general, I agree. For a beginner, conditions can be an additional stress factor. For advanced traders, bonuses are an additional positive point, because the larger the deposit, the greater the volume of orders and profits.

 

[Viaso]

As I understand it, you can trade with zero profit and still get bonuses? And what is the easiest way to make big money now?

 

[Pariar]

The easiest way to profit is by trading currencies during periods of minimal market activity. So, at night, basically. However, the duration of transactions should not be less than 3 minutes. This condition is stipulated by the rules.

 

[KariPlov]

Not necessarily at night. I actually traded on demo here and found out that it's quite possible to close transactions without losses with the help of the narrow spread. The yen has a spread of only 2 pips against the dollar, and this pair is often under consolidation.

 

[Christof]

The yen is good because it is a reserve currency from the Bank with a negative rate. During the period when dollar grew in price within the American session, for example, after the publication of the FOMC protocols, the yen may fall, and the next day, already during the Asian session or the European session, the yen often rises in price while everyone tries to avoid risking. This explains its cyclic movements.

 

[Viaso]

Now I see. I think this can be used as a trading strategy. It's a pitty the Asian session happens in the middle of the night in my case. But I'll think of something