All traders have to start somewhere but not all have the upfront capital to begin. This is why a number of brokers offer no deposit bonuses as a way of helping new clients start trading. Deposit bonuses on the other hand increase traders’ capital which comes in handy especially when trading with high leverage or CFDs which can see losses that far outweigh your initial deposit. But not all bonuses are easy to acquire or use and not all brokers offer bonuses. Just read our review of the deposit bonus Keystock offers to see what we mean.
KeyStock Bonus Review
Unfortunately there are no KeyStock bonuses.
However as mentioned before there are two types of bonuses:
- Deposit Bonus
- No Deposit bonus
Bonuses are popular throughout the online trading world as brokers use them as an incentive for new clients to register. And traders use them as a way to improve their financial standing.
Deposit bonuses are bonuses you receive when you have made a deposit with a broker. Often times it only applies to your first deposit but there are brokers who offer current clients deposit bonuses as well. This is a definite plus because trading carries with it an inherent risk and even more so if you use high leverage therefore a bonus is a great plus for any trader. However sadly a KeyStock deposit bonus does not exist.
In many ways a bonus can be viewed as a safety net or even a boost to your portfolio.
No deposit bonuses are bonuses which you receive before ever making a deposit. This allows you to begin trading before actually investing any of your own money.
A no deposit bonus is actually the best kind because it allows you to start off the with the least amount of risk and can even help you earn the deposit amount necessary to open an account.
Unfortunately, KeyStock bonuses are non-existent and what makes this even worse is the fact that Keystock’s minimum deposit is $1000. In this case, a no deposit bonus would have been greatly appreciated by any broker.
Bonuses can be extremely beneficial to you and since Keystock does not offer any, we recommend you find a reputable broker that does and reap the benefits that bonuses offer.