How bonuses on Forex work
When choosing a broker, a trader is offered a lot of promising deals. The advertisements for various bonuses are especially eye-catching. Obviously, bonus campaigns should not be the main criterion for choosing a broker as there are more important characteristics. However, it would be foolish to ignore them at all. A trader should use this opportunity to increase the initial deposit without any major efforts. Brokers offer various bonuses to their clients. Many of them, for example, a deposit bonus, are available with every broker. However, the size of the bonus payments may differ significantly. Moreover, sometimes getting a simple bonus turns into a complicated quest that is nearly impossible to complete. Rather trivial offers are often hidden behind bold promises and impressive numbers. Sometimes, dishonest brokers use their "incredibly profitable" offers to catch as many traders as possible. Therefore, it is important to examine available bonuses carefully in order to make the right choice and avoid missing a chance to profit.
Usually, there are three basic types of bonuses:
Almost every broker offers these bonuses. However, conditions of receipt and use, as well as payment amounts, may vary notably. The complicated bonus system of a broker is a good reason to check the company’s decency. If a trader faces so many challenges on this stage already, how will the withdrawal of a profit go? Thus, the receipt of a bonus for deposit is one of the signs showing the broker’s reliability. So, let us look at one of the best offers – bonuses from broker InstaForex. We will start from the huge one – STARTUP Bonus. This bonus is available for every new client enabling them to start trading on Forex without investments and risks as it does not require any deposit and is credited instantly!
Another bonus offered by the company is 100% Bonus up to $2,000 on the first deposit. The offer is entirely transparent, no asterisks or small font. InstaForex doubles your deposit. Open a live account, make a deposit, apply for the bonus and get it. Notably, all the profit made from the bonus funds can be withdrawn without any limitations. Besides, existing clients can apply for this bonus as well, they just need to open and replenish a new trading account.
Next, we would like to mention 55% Bonus on every deposit. Any deposit will be increased by more than 1.5 times. Conditions are a piece of cake. You top up your account, InstaForex adds 55% of the deposited amount. The bonus is not limited to the minimum or maximum size and is credited for each deposit, no matter if your trading is winning or losing. Moreover, it does not even require verification, you only need to apply for the bonus when depositing.
Unlike 55% Bonus that has time limits, 30% Bonus on every deposit is unlimited. You can always count on extra 30% to the amount you deposited. In order to receive the bonus, you need to top up your trading account and fill out an application form. These are simple steps, they will not take much time. In addition, you can boost this bonus to 40% from standard 30% by joining InstaForex Club, an elite broker club. InstaForex Club members can accumulate and receive extra bonuses for each deposit (up to 10%) and add them to the standard bonus.
Chancy Deposit campaign can be considered as a bonus to the bonus :) After depositing your trading account with more than $3,000, you will receive the standard bonus and also automatically become a participant of Chancy Deposit which can grant you an impressive prize. Thus, its next winner will receive $5,000 in May.
Thereby, we advise you to look at the bonus offers from broker InstaForex as it is a great opportunity to boost your start-up capital!
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