QuickTrade’s Bonus Trading Accounts
The trading account
An online trading account allows you to engage in online trading activities, such as buying and selling stocks, bonds, and other financial instruments. With a trading account, you have access to a wide range of investment tools and resources that can help you make informed investment decisions and maximise your returns.
Whether you’re a seasoned trader or just starting out, it’s important to find a trading account that meets your specific needs and investment goals. When choosing an online trading account, consider things like pricing and fees, the types of investment instruments offered, customer support, and other factors that are important to you.
At a minimum, a good online trading account will provide you with the basic tools and resources to research, analyse, and trade financial assets. Some online trading platforms even offer premium features like automated trading, advanced charting and analysis tools, and customisable portfolio reporting.
The bonus trading account - what is it & how does it work?
A bonus trading account specifically, is distinguished by the inclusion of a trading credit given to traders, on a first time deposit basis. The credit allows the investor to double the trading margin, while only relying on the trade transaction itself, rather than margin calls.
What’s more, the bonus is simply a competitive advantage needed to excel in trading and to expand a portfolio.
QuickTrade’s bonus account offering
What is it and how does it work?
A bonus is generally offered in a separate trading account and paid automatically unless stipulated by the broker that a minimum deposit amount is required. A maximum deposit can also be stipulated, for example: a 100% FTD bonus will be paid automatically with a min deposit of R500/$50 and a maximum deposit of R5000/$250. A trader may be allowed to transfer funds from existing accounts to the bonus account to increase his holding.
QuickTrade is offering a 100% deposit on a first time bonus trading account.
Join now and take your trading to the next level.
Some terms & conditions
Some conditions around the bonus account set by a broker may be that bonuses can only be withdrawn upon completion of a specific number of trades, or volumes traded over a specific time period, for example, a month, 6 weeks, 3 months etc.
FTDs may be allowed on one or more profiles and the broker reserves the right to cancel the allocation of a FTD at any time.
- The 100% FTD cannot be withdrawn or transferred into another trading account.
At the core of any successful investment strategy is a trading account that allows you to effectively execute your trading decisions. Whether you are an experienced trader or just getting started, having a well-managed account is essential for achieving financial success in the markets.
When it comes to trading, there are many different types of accounts available that can help you optimize your performance and maximise your profits. Some of the most popular options include traditional brokerage accounts, self-directed discount accounts, and managed accounts.
Each type of account has its own set of pros and cons, so it’s important to do your research and carefully consider your individual trading needs before deciding which account is best for you.
With traditional brokerage accounts, for example, you have access to a wide range of investment options at relatively low costs. However, you are responsible for managing all aspects of your investments, which can be time-consuming and challenging if you are new to the world of trading.
If you are looking for more hands-on management and guidance, then a self-directed discount account may be a better choice. These types of accounts allow you to work directly with an experienced broker or financial advisor who can help you make informed investment decisions and manage your portfolio on a day-to-day basis.
The answer to this question depends on a variety of factors, including the type of trading account you have, and the security touch points your broker uses to protect your funds. But there are a few measures you can take to keep your account extra safe.
Always keep your password to your account safe and don’t give it to others to trade or transact with on your behalf. Additionally, it is important to keep a close eye on your trading activity and be alert to any suspicious activity that may indicate that someone has gained unauthorised access to your account. This could include large and frequent withdrawals, or sudden changes to your trading strategy.
One thing is certain – if you take the necessary precautions and choose a reputable broker with robust security features, your trading account will always be safe from theft or other malicious activity.
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