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As compensation for signing up for the InstaForex broker site, traders receive an InstaForex bonus. The bonus may vary according to the trading amount. This may be between 30 and 100% with a few extra incentives.
If you are signing up into InstaForex broker for the first time, you are always interested to know what sort of bonuses are available. The traders will receive InstaForex club bonuses and InstaForex coupon bonuses from time to time. Do you want to know why these bonuses are beneficial for the traders? Let’s highlight a few major benefits for you below:
Benefits of Getting InstaForex Bonuses
To receive the bonus, one must fund the account. A reward may be sent to you in a few hours. InstaForex rewards its members with the following benefits when they join and get bonuses:
1. Enhanced trading equity
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The bonus helps the trader to become a winning trader. For example, as the trader deposits the amount of $1000, they will get a welcome bonus of 30. It means they gain the amount of $300 in their account. Therefore, the trading capital will be $1300.
Initially, one should deposit a considerable amount to have a more welcome bonus. This helps in a better trading experience. Then, to play with the foreign exchange market, the member should deposit a significant amount. As a result, the earning chances will increase.
2. High leverage
When you have more capital, your position on the trade market can be substantial. As a result, you might get better revenues from it. By joining InstaForex, a person has the opportunity to get bonuses by leveraging his position.
Winning bonuses can be a breeze as these reduce the risk and increase the leverage ultimately.
3. Low initial investment
InstaForex requires $1000 to win the bonus. It is possible to win a 0% to 100% bonus from this platform if someone can afford it. InstaForex helps in doubling your initial investment and thus increase the possibilities for making a profit.
What kind of bonuses should you avoid?
If you want to avail a bonus from the broker platform, you need to be careful with your selection and ensure that the broker is certified and regulated. In addition, as a trader, there are certain bonuses that you should avoid to make your trading go with the flow.
Sometimes the welcome bonus is not beneficial, but this is a good opportunity for the newbie traders to get a feeling of a professional trader. But even to avail of a welcome bonus, you have to deposit a small amount in your account.
The sign-up bonus on InstaForex
Traders who fund their accounts with a maximum of $3,000 receive a $5,000 deposit bonus from InstaForex. Generally, the amount will vary based on the residence.
As soon as any trader registers for a new account with InstaForex, they are not eligible for any bonus of:
- Sign-up bonus
- Welcome bonus
- No-deposit bonus
Well, there is nothing to get disappointed about because this broker platform is constantly changing its major promotions frequently. With time, they introduced new promotions and bonuses.
The traders should have a complete understanding of the terms and conditions that apply to the bonuses. In addition, they must also meet specific requirements to qualify for bonuses.
Note: Bonuses offered in this category are not cash bonuses. As soon as the trader avails it, it will be credited directly to their account as trading credit. Traders can use this credit for future trading activities and benefit from risk-free trading in the future.
Trading credit cannot be withdrawn, but the trader can withdraw the profit made from trading credit.
Does InstaForex offer a referral bonus?
A trader will not receive a referral bonus once they have registered for a real account.
Brokers who are already members of this trading platform can earn a referral bonus. In addition, reference is given to the friends for registering themselves on the real account with a broker. This will reward both the referral and the trader with some benefits.
This is yet the best bonus approach with which more customers can be attracted towards the registration on InstaForex for opening a live trading account.
Additional broker bonuses, promotions, & rewards
Although InstaForex does not offer any sign-up or referral bonuses, it still offers some great trading bonuses to new traders. For example, a trading bonus is available for winning an F8 Tributo, for which you have to make an initial deposit of $1,000.
In addition, sniper competition for the demo account holders is available. For this competition, a trader should go for the initial deposit of $10,000.
Demo account holders can also participate in a scalping contest. The total prize pool for this contest is a maximum of $6,000 per month and $72,000 per year.
Demo account bonuses are also available, with a maximum prize pool of $55,000. This account bonus involves four stages along with the demo account, which you should register for.
Frequently Asked Questions: FAQs
1. What is meant by a sign-up bonus?
This is one such bonus that a trader receives once they open a real account with the broker.
2. What is the primary purpose of offering sign-up bonuses?
The sign-up bonus is a reward for compensating the traders to decide whether they should open an account with that broker or not.
3. Does InstaForex offer any sign-up bonus?
No such sign-up bonus is available for the traders at InstaForex.
4. Can you avail sign-up bonus on all brokers?
No, all brokers do not offer sign-up bonuses.
5. Can you avail of a sign-up bonus for the demo trading account?
Generally, a sign-up bonus is not available on a demo account.
Bottom line
Trading with InstaForex bonuses gives you a good start. Depending on your trading requirements, you have multiple options. You can either choose the 30% welcome bonus or 55 or with a 100% bonus. There are benefits to each type in its own way. InstaForex Club bonus is for all customers using a forex account.
The client can receive the club bonus on each deposit. Thus, one can become part of InstaForex by signing up and enjoying bonuses to get profits and earn revenues.
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