I've been testing the Yadix scalper account with a scalping EA. I'm impressed with the conditions, spreads and execution, but I am disappointed that there are no bonuses available at Yadix.
I am used to getting trading bonus from similar accounts at different brokers. When I asked their support why no bonuses were available, they explained to me that because they are an STP broker, giving bonus is a risk for them as I'll be trading with their money, and as trades are executed to the banks, any losses need to be paid to the banks.
I am not following the logic fully, so would like to ask if anyone can help me understand the logic here?
I am used to getting trading bonus from similar accounts at different brokers. When I asked their support why no bonuses were available, they explained to me that because they are an STP broker, giving bonus is a risk for them as I'll be trading with their money, and as trades are executed to the banks, any losses need to be paid to the banks.
I am not following the logic fully, so would like to ask if anyone can help me understand the logic here?
DMA Brokers and Bonuses?
