You can increase your trading margin by up to 120% just by depositing some funds into your JustMarkets account. Let's check out how to sign up for the bonus here.
Many forex brokers have bonus programs, but each of them offers different prizes and conditions. In this article, we will talk about the deposit bonus offered by JustMarkets. This includes the terms and conditions, benefits, and how to get it.
A Glimpse into JustMarkets
JustMarkets is a well-known company that provides services of online forex trading and access to a good number of other financial instruments like futures, indices, and cryptocurrency. It is regulated by several trusted authorities, including CySEC of Cyprus, VFSC of Vanuatu, SFSA of Seychelles, and FSCA of South Africa. JustMarkets is known for its mixed business model that allows the company to operate both brokerage and dealing activities. To keep customers satisfied, the company keeps making improvements and using the latest technology for their services, one of which is supporting trade on the go with their mobile app.
JustMarkets Deposit Bonus
JustMarkets offers a deposit bonus of up to 120% for all clients (traders and partners). The broker bonus will be transferred to the client's account and can be used as an additional margin for trading. The rule is fairly simple. You just need to create an account and fund your account using any available deposit method. The amount of bonus depends on the amount of your deposit, so the more you give, the more you get.
Here's the available bonus size based on the deposit amount:
- Get a 50% bonus for deposits of up to $100
- Get a 100% bonus for deposits of $100-500
- Get a 120% bonus for deposits of $500 and above
It is important to note that the bonus is given for every deposit during the promotion time. However, it's only counted as a one-time deposit and not summed. So, if you deposit $100 and another $100, this will not be considered as $200. Instead, you will get a $50 bonus (50% of $100).
Also, keep in mind that the 100% and 120% bonuses are only available to Pro and Standard account holders. Cent account holders can get a maximum of 50% bonus for every deposit of $100 and above. There are no limits on the amount of deposits and bonuses that can be received in this program.
Where to Find the Information on the Official Broker Site?
- This information is reported per May 5 2024.
- We can not ensure if this offering is still available or remain the same in future.
- The broker announcement page may or may not exist anymore, You may explore JustMarkets homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.
Signing Up for the Bonus
In order to obtain the bonus, here are the steps that you should follow:
- Log in to your account, then click "Account Operations" and choose "Deposit", or you can simply click the "Deposit" button on a certain account that you'd like to use for deposit.
- Activate the deposit bonus by clicking the "Get a bonus on deposit" checkbox in the deposit form of Back Office and choose the preferred bonus size. Keep in mind that the available bonus size varies depending on your account type and the amount of your deposit.
- Make a deposit using any payment method available in your area. Make sure to read and accept the bonus rules too.
The bonus will be transferred directly to your account in the field "Credit" and can be used immediately for trading. To get the complete information about the received bonus, you can check the "Received bonuses" page in the Back Office.
How to Withdraw the Bonus
The bonus is available for withdrawal under certain conditions. To start with, you can withdraw the profit gained from trading with the bonus at any time. However, if you want to transfer the bonus funds from the field "Credit" to the field "Balance" and make it available for withdrawal, you would have to trade a total volume of:
Number of lots = Bonus amount / 2
This rule applies to Standard Cent, Pro, and Standard accounts. Let's say you have deposited $300 and received a $300 bonus. To make the bonus withdrawable, you'll need to trade 150 lots first, equivalent to $15,000,000 of the trading volume. You can trade with multiple instruments like currency pairs and stocks to fulfill the volume requirement. Once it's completed, the bonus will be credited to your "Balance" within 2 hours.
Please note that the following orders will not be eligible for the calculation of traded volume:
- Orders with a trading result of less than 5.9 pips.
- Orders that are closed before the account participated in the deposit bonus program.
You will have 30 calendar days to fulfill the required trading volume from the day of the deposit. If you fail to fulfill the requirement before the deadline, the bonus will be canceled automatically. Cancellation can also take place if you have less equity than the bonus amount.
Summary
JustMarkets deposit bonus is one of the most attractive bonus programs in the industry because the rules are very simple. All you need to do is create a live account and deposit some funds. You can deposit any amount and get a bonus of at least 50%. You can then use the bonus for trading purposes, giving your early trades a boost. Then, instantly withdraw the profit gained from your trades using your preferred payment method.
JustMarkets is a financial broker that offers favorable conditions for traders to earn from the financial markets. They provide multiple trading account options with an extensive range of trading instruments, enabling clients to choose the most suitable one according to their preferences.
5 Comments
Apr 17 2023
Wow, I honestly didn't expect the trading volume requirement to be that high. I mean, is it really necessary to trade $15,000,000 in order to withdraw a mere $300? I don't think it's wise to do so, especially if it's out of your budget and you're doing it only for the bonus. I've also read in several other sources that some bonus programs are simply undoable because of the insanely high requirements. Is that the case in this broker? Or maybe there's a way to get the bonus without having to spend that much?
Apr 18 2023
I totally agree with you. Traders shouldn't force themselves to increase their monthly trading volume just for the sake of bonus programs. It's a common beginner's mistake actually. For me personally, it's quite understandable why people are so intrigued by the bonus. Well, who doesn't want free money, right? But as a trader, it's also important to know the risks of our actions. These bonus programs should not be anyone's priority. My advice is to keep your eyes to the (right) prize. If you feel that the requirements are too demanding, then maybe it's simply not for you.
Apr 18 2023
As explained in this article, you can use the bonus credit to trade. I think this option is more realistic for small traders. Use the bonus as additional margin and withdraw the profits afterwards.
I'll give you an example of how this bonus can help you. Let's say you decided to buy 2 lots of EUR/USD with a leverage of 1:500, using your free margin of $500 from your initial deposit. If the price moves 10 pips in the desired direction, you'll end up getting a profit of $200.
If you use the deposit bonus, then your free margin will rise to $1,100 ($500 original deposit + $600 bonus). You can use this to buy 5 lots of EUR/USD with the same leverage of 1:500 and earn $450 profit instead.
Apr 17 2023
As someone who has been actively trading in forex markets for three years, I can say that bonus programs are indeed a great solution to earn additional income. Trading can be quite exhausting at times and you could get a series of loss streaks for no clear reason (the market is unpredictable like that). So, it's important to choose a broker that offers attractive bonus programs with minimal requirements. The less the requirements, the better.
It's my first time reading about JustMarkets, so I'm curious about the types of account available on this broker. This article stated that the bonus is available to Pro, Cent, and Standard accounts. What are the differences between them and which one do you particularly recommend?
Apr 18 2023
At a glance, the Standard account is the most popular due to the tight spreads and basic set of tools. It is suitable for all kinds of traders, including beginners. Meanwhile, as the name suggests, the Pro account is more suitable to expert traders with any trading style. It offers tight spreads, advanced trading settings, no commission, high leverage, and no restrictions on order and volume. However, keep in mind that this account type requires a higher minimum deposit and leverage.
Moreover, beginner traders can also choose Cent account to trade. Instead of US dollar, the account balance is measured in US cents. The minimum deposit is $1 and the minimum lot size per trade is 0.01 cent.