Frequently Asked Questions

We’ve compiled a list of answers to common questions.

BonusTrade is an online trading app that allows you to trade a variety of financial assets, notably Forex currencies and indices.
No, BonusTrade is a trading app that interfaces with a leading third party online trading platform.* BonusTrade is not a broker nor is it an online trading platform.
Yes, you can trade with real money via the app’s connection to the API of a leading third-party online trading platform.**
Yes! We strongly encourage you to do that first before trading with real money. As soon as you install and run the app, your practice account is setup and ready to go, pre-loaded with a virtual balance of $10,000. No sign up is necessary. Please note that the BonusTrade demo account should not be confused with demo accounts provided by online brokers or trading platforms.
You can trade Forex currencies, commodities and stock indices when the markets are open. Market hours depend on the currency pair and the market, they are based on the 4 major markets around the world: Sydney, Tokyo, London and New York, and their respective time zones. These 4 major markets stagger over the course of the 24-hour day. So, there is always a market open and you can practically trade 24/5. The markets are closed at weekends, however. For Forex currencies, commodities and stock indices, experienced traders typically trade when the market is at its most active. For example, USDJPY may be best traded during the Tokyo session and the New York session.
Yes, you can! You can trade the Volatility Indices 24/7. The Volatility Indices are proprietary synthetic indices that mimic real-world market volatility. So even when the markets are closed, you can still trade 24/7. Trade when you want, even at weekends!
You will be prompted to open an account with a third-party online trading platform before you can place any trades with the app. If you are not ready to trade with real money, please use the BonusTrade demo account and practice trading with virtual money first. WARNING: There is a significant risk of loss of trading capital when you trade with real money.

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*No representations are made by GameSoft Interactive Ltd, publisher of the BonusTrade app as to the fitness for a particular purpose, nor to the accuracy of the live trading data provided by the third-party online trading platform.

**Using the App to connect to the third-party API or its online trading platform, this following your opening of a user account and thus creating a direct relationship between you and the third-party trading platform, allows you to trade with a real money account. The said third party trading platform is not open to residents of certain countries and you must be over 18 years of age in order to open a real money trading account.

WARNING: Trading with real money involves a significant level of risk and may not be suitable and/or appropriate for everyone. Please make sure you carefully consider your trading objectives, level of experience and risk tolerance before trading with real money as it could result in the total or partial loss of your trading funds. Therefore, you should not trade with funds you cannot afford to lose. You should be aware of and fully understand all the risks associated with trading financial instruments and seek advice from an independent financial advisor if you have any doubts.

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