OneBid Broker $30 Welcome Bonus: Simple Terms, Big Rewards!

Interoduction:

OneBid Broker has made exciting updates to its bonus offerings for 2024. After previously offering a $50 no deposit bonus, the broker has introduced a new, simplified $30 Welcome Bonus, available throughout the year. This update comes with revised terms and conditions designed to make the process of receiving and utilizing the bonus smoother and more transparent for traders. In this article, we’ll break down the key aspects of the OneBid Broker $30 Welcome Bonus promotion, explain the terms and conditions, and provide a strategy to maximize your trading experience with the bonus.

The $30 Welcome Bonus is a promotional offer by OneBid Broker that allows new and existing clients who haven’t yet received a bonus to kick-start their trading journey. Unlike the previous $50 no deposit bonus, this offer requires a minimum deposit of $10 and is fully available for trading. It’s an excellent opportunity for both beginner and experienced traders to explore the broker’s platform with an enhanced trading balance.

To be eligible for the OneBid Broker $30 Welcome Bonus, participants must meet several key conditions:

1. Promotion Period: The bonus is available from January 1 to December 31, 2024.
2. Bonus Amount: The size of the bonus is $30.
3. Eligibility Requirements:
   • Registration and Verification: Traders must register on the OneBid Broker website and complete the KYC (Know Your Customer) verification process in the Personal Area.
   • Open a NANO Account: You need to open a real trading account (NANO) and deposit at least $10 into the account. Importantly, you must not withdraw any funds for 30 days to remain eligible for the bonus.
   • Submit an Application: After fulfilling the deposit condition, traders must send an application for the Welcome Bonus to the broker’s support team. Ensure that you include your trading account number in the email.

OneBid Broker has outlined several important terms for traders who wish to receive the $30 Welcome Bonus:

1. Once-Per-Client Offer: Each client is eligible to receive the Welcome Bonus once during the promotion period, even if they have multiple trading accounts.
2. Trading and Profit Withdrawal: The $30 bonus and any profits generated from it are available for trading. However, to withdraw any profits, traders must accumulate a trading turnover of 3 lots within 30 days. A lot is considered traded after both opening and closing a transaction, and only orders with a lifetime of more than 300 seconds (5 minutes) count towards the trading turnover.
3. Bonus Expiry: The bonus will be credited to the “Credit” column of your trading account and will be available for 30 days. After 30 days, the bonus is automatically debited from the account.
4. Stop Out Event: If a Stop Out occurs (forced closure of orders due to insufficient margin), the bonus is automatically debited from the trading account, bringing the negative balance to zero.
5. Bonus Withdrawal Conditions: The broker reserves the right to remove the bonus at any time, especially in cases where it suspects abuse of the promotion, such as multiple accounts controlled by a single trader. The bonus is intended solely to enhance trading and cannot be transferred or converted into cash without fulfilling the required conditions.

To make the most of the OneBid Broker $30 Welcome Bonus, traders should consider adopting a thoughtful and disciplined approach. Here are some key strategies:

1. Start Small, Trade Consistently: With the minimum deposit of $10 required to qualify for the bonus, it’s essential to manage your funds wisely. Aim to place smaller, more consistent trades, especially if you are new to the platform. This approach will help you achieve the 3-lot trading turnover requirement within 30 days without over-leveraging or taking on unnecessary risk.
2. Focus on Longer-Term Trades: Since only trades with a lifetime of more than 300 seconds (5 minutes) count towards the turnover, consider adopting a slightly longer-term trading strategy. Avoid ultra-short-term scalping and instead look for setups that allow for trades to remain open for several minutes or even hours.
3. Leverage the Bonus for More Margin: Use the $30 bonus to increase your available margin. This will allow you to take slightly larger positions than your deposit alone would permit. However, remember that over-leveraging can lead to quick losses, so it’s crucial to maintain proper risk management.
4. Monitor Your Progress: Keep track of your trading volume regularly to ensure you’re on track to meet the 3-lot requirement. This will help you avoid any surprises as the 30-day period approaches.
5. Avoid Early Withdrawals: Remember that withdrawing funds within 30 days disqualifies you from receiving the bonus. Therefore, avoid making any withdrawals until you’ve met all the requirements and are eligible to withdraw your profits.

The updated Welcome Bonus from OneBid Broker offers several advantages to both novice and experienced traders:

• Low Initial Deposit: With a minimum deposit of just $10, the bonus is accessible to almost anyone looking to start trading.
• Simplicity and Transparency: The terms are straightforward, and the promotion is available throughout the entire year, giving you ample time to participate.
• Enhanced Trading Experience: The bonus provides additional capital to explore the platform’s features, try new strategies, or even trade larger positions with less financial risk.

The OneBid Broker $30 Welcome Bonus is a great opportunity for traders to enhance their trading capital and explore the broker’s platform with a relatively small initial deposit. By following the terms and conditions, and adopting a smart trading strategy, you can maximize the potential of this promotion and possibly withdraw your profits after fulfilling the trading turnover requirement. Just be sure to trade responsibly, monitor your progress, and stick to the conditions to fully benefit from the offer.

Happy trading, and may the markets work in your favor!

The information provided on this website, including the content related to OneBid Broker’s $30 Welcome Bonus promotion, is for educational and informational purposes only. We are not providing financial, trading, or investment advice, and the details shared here should not be considered as such.

Trading Risks
Forex and CFD trading carry a high level of risk and may not be suitable for all investors. The leverage involved in trading can work for or against you, and there is the potential to lose more than your initial investment. Please carefully consider your financial objectives, level of experience, and risk tolerance before engaging in any trading activity.

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We strive to provide accurate and up-to-date information, but we do not guarantee the accuracy, reliability, or completeness of any content. Market conditions can change rapidly, and trading offers, such as bonuses, may also be subject to updates or changes without notice. Always verify the details of any promotion directly with the broker before participating.

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