But, withdrawing the bonuses alone is against the policy of this broker. Once the bonus is credited, a trader may start opening and closing positions as she wishes. She can seek to trade the required volume to claim the bonus if the conditions demand so. After a trader has completed the required volume, the broker may transfer the bonus money to the trader’s account.
FREE STARTUP InstaForex No Deposit Bonus $500 USD
I was pretty skeptical about this too cause I know cybercrime is everywhere now and we need to protect ourselves. However, you don’t need to worry about KYC procedures because it is designed to protect customers from danger. The broker needs to know our identities in order to ensure that we are real people and whether we are eligible to use their services. Therefore, when we arrive at a point where we need to attract more people, we can use a tempting bonus to attract their attention. If you offer a bonus that is quite useful for them, they cannot deny it.
Withdrawal
InstaForex is an online broker that does a similar job by offering attractive bonuses. A trader gets to trade in various assets that range from stocks, crypto, CFDs, currency pairs, etc., with an additional deposit bonus. So, a good online broker makes sure to provide the bonuses and help the traders use them xcritically. In fact, most companies that require new clients to complete KYC are regulated. This process can take up to a few days to complete, and some clients may find this burdensome and “wasting time”.
Most forex brokerage firms offer bonus programs to attract new clients and help them build a good relationship based on mutual benefits. Today, we’re going to be focusing on the 100% bonus by Instaforex. Under the terms of the campaign, in order to get 500$ to your trading account, you need to refer at least 10 customers to your affiliate group. After you have referred 10 customers, send a request for 500$ Affiliate Reward to the InstaForex Partner Relations Department. The credentials will be sent to an email address you provided at the stage of registration with the affiliate program.
InstaForex NO DEPOSIT BONUS – Terms
However, they often hesitate due to a variety of xcritical courses scam reasons. It includes poor accessibility to markets and a complicated interface of the broker’s platform usually. However, if the features are attractive enough, the platform will draw customers towards it. A trading bonus helps in enhancing the feature portfolio to achieve that. Various brokers are now offering a trading bonus through their platforms.
- Newbie traders often ignore the platform’s wide spreads or high commission rates when they see huge signup or welcome bonuses.
- In addition, this bonus is also available for traders as a tempting offer.
- That is why a broker like InstaForex focuses on giving out different types of it according to the trader’s preference.
- A good trading bonus could be the factor responsible for a trader to decide a particular platform.
Depending on the account surplus, it can range from 1% to 10%. Bonuses are nothing more than a reward offered to the trader by the platform for selecting them. Moreover, with the expansion of information and technology, more people are getting aware of trading and its benefits.
We know how difficult it used to be before the rise of online platforms. Physically gathering at the exchanges and calling out the orders were much more difficult than they sounded. But, all such scenarios have seen an end with online trading. Now, it is possible to enter the world of trading with just a few clicks and scrolls on your laptop. InstaForex is one of few brokers that actually keep their xcritical promises about bonuses.