Introduction
Are you prepared to start trading foreign exchange? All new customers of Loyal Primus are eligible for a substantial $30 Welcome Bonus, which is a great way to test your trading techniques and learn the platform without risking any of your own money. You may get a head start on your trading journey by unlocking an extra $30 in trade credit with a $15 minimum commitment.
In this post, we will discuss the specifics of the Loyal Primus Welcome incentive, including how to be eligible and how to maximize the incentive to improve your trading.
What is the Loyal Primus $30 Welcome Bonus?
The Loyal Primus $30 Welcome Bonus is a special offer for opening new clients Welcome Bonus Accounts. Any client who makes an initial deposit of at least $15 can earn a $30 credit on the trading platform that will be used to buy his first lots. That’s how the bonus, made especially for new clients, gives them a free trial to trade in Loyal Primus’ conditions with the possibility of multiplying the account without additional capital.
This promotion is lovely for new forex traders or those who want to try trading with Loyal Primus’ platform before committing their funds.
Who is Eligible for the Welcome Bonus?
To qualify for the $30 Welcome Bonus, you must meet the following requirements:
New Clients Only: This promotion is only available to new clients who have never registered with Loyal Primus before.
First-Time Deposit: You have to deposit at least $15 to qualify for the bonus.
Bonus per Client: A new client is eligible for only one Welcome Bonus.
How to Claim the $30 Welcome Bonus:
Sign up: Open a new Welcome Bonus Account on the Loyal Primus website.
First Deposit: Deposit at least $15 into your account to activate the Welcome Bonus.
Get Your Bonus: Immediately after the deposit, you get a bonus credit of $30 credited to your account.
Now Trade: You now have $30 in bonus money to trade over the world’s financial market instruments.
Terms and Conditions of the Welcome Bonus
Before you start using your Welcome Bonus to engage in trading, there is a set of terms and conditions you need to take note of regarding this incentive:
Validity Period: The bonus has 14 days of validity, being counted from the day when the first deposit was made. After this period expires, any unused bonus credit is lost. Moreover, a Margin Call or Stop-Out event will deduct this credit from your account.
Limitations on Usage: $30 Welcome Bonus- A client can receive just one of these bonuses as they are meant for a first-time trader.
Withdrawal Conditions: Though you can trade with the bonus, the bonus itself cannot be withdrawn. In addition, in case you want to withdraw your funds from your account during the 14 days, the bonus will be subtracted from your balance.
Forbidden activities: Any fraudulent or manipulative trading activity, like using the platform glitches to earn guaranteed profits, would result in the immediate withdrawal of the bonus and could even lead to the closing of your account.
Modifications & Expiry: Loyal Primus reserves the right to modify, suspend, or cancel the Welcome Bonus offer at any time without prior notice. Always check the platform for any updates to the bonus terms.
Strategy for Using the $30 Welcome Bonus
This $30 Welcome Bonus allows you the wonderful opportunity to start trading with additional capital. Taking advantage of this bonus requires smart strategies that allow you to manage and increase your funds.
Below are a few strategic tips:
You should start with low-risk trades because you can only utilize the bonus within 14 days, and you do not want to lose your bonus soon. You should begin by means of low-risk trade positions so that you could gain a bit of confidence and understand the market without wasting your bonus too early. Use smaller lot sizes to avoid over-leveraging and risk a stop-out, which could see your bonus being withdrawn from your account.
Use Stop-Loss Orders: Risk management is very important when trading with any bonus. The stop-loss orders on your trades help you limit the losses. You can set the stop-loss levels at appropriate points so that you can minimize risks while trying to generate profits with the bonus credit.
Explore Different Instruments: With this $30 bonus, you get exposure to a variety of instruments to trade, including Forex, commodities, and indices. You can diversify your trades and try to get the most out of the platform’s features by experimenting with different asset classes. This will help you figure out which markets make you feel most comfortable in trading.
Avoid Overtrading: While it may be tempting to place multiple trades to maximize the bonus period, overtrading can increase the risk of losses. Focus on quality trades over quantity and stick to your strategy. It’s important to balance between utilizing the bonus and preserving enough of it to stay in the game for the full 14-day period.
Keep an eye on the margin levels closely: Since the bonus can be deducted at a Margin Call or Stop-Out, keep a close eye on your account’s margin level. Avoid excessive risk by maintaining proper margin and leverage ratios, keeping your account in a healthy position.
What happens when the bonus expires?
Any unused balance of the bonus will automatically expire at the end of the 14 days. But if you managed to close successful trades during the validity period, then you’ll be able to keep the profits (assuming the broker allows withdrawal according to the trading volume).
So while the bonus is temporary, the profits gained from it could be yours to keep if you’ve met the trading volume required by the broker.
Conclusion
It’s one of the best deals a new trader can make by opening a live account. The Loyal Primus $30 Welcome Bonus means that you don’t need to invest a fortune of capital to explore trading on live accounts. Instead, you can deposit $15 and get $30 trading credit to test new strategies and explore global markets.
By adhering to the terms and conditions of the promotion and using smart risk management strategies, traders can make the most of this opportunity. However, always keep in mind that forex trading involves risk, and it’s important to trade responsibly.
Ready to claim your bonus? Sign up with Loyal Primus today, make your first deposit, and take advantage of this generous $30 Welcome Bonus to kickstart your forex trading journey.
Disclaimer: Forex trading involves a significant risk and might not be appropriate for every investor. Make sure to understand all the risks before you start trading with real money. Please refer to the terms and conditions of the platform for full details.
