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100% bonus is one of the programs offered by InstaForex, particularly rewarded to new clients after they make the first deposit.
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.
If you didn't know already, Instaforex is an international broker that has been operating since 2007. The broker has gained over 7 million clients from various countries with no less than 300 trading instruments available to trade. It is also known for its professional trading practices and good reputation, which led them to win some broker awards in recent years. The 100% bonus is a cherry on top of the broker's various interesting programs for their clients.
What is InstaForex's 100% Bonus?
InstaForex offers a unique opportunity to receive a 100% bonus on your first deposit. All you need to do is open a new trading account, deposit some funds into your account, and fill in the application form. You will also be required to complete the two-level verification to verify your account. Once it's done, you will be entitled to a bonus in the amount of 100% of the sum deposited into your live trading account. So, if you deposit $250, you'll get another $250 in the form of bonus cash.
It is worth mentioning that the bonus is given for a deposit of up to $2,000. If the deposit amount is over $2,000 but less than $5,000, then the client shall get a 100% bonus for the $2,000 and 50% for the remaining funds. If the deposit is above $5,000, a 30% bonus will be applied. There is no limit to the amount of broker bonus you can get.
Here are some possible scenarios:
- If you deposit $500, you'll get a 100% bonus of $500.
- If you deposit $3,000, you'll get a 100% bonus for the $2,000 + a 50% bonus for the remaining $1,000. In total, you'll get $2,000 + $500 = $500.
- If you deposit $10,000, you'll get a 100% bonus of $2,000 + 50% for the $3,000 + 30% for the remaining $5000. In total, you'll get $2,000 + $1,500 + $1,500 = $5,000.
Where to Find the Information on the Official Broker Site?
- This information is reported per Mar 28 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 InstaForex homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.
Terms and Conditions
The 100% bonus is a one-time offer and only applies to the first deposit. The bonus is available on Standard USD, US Cent, Standard EUR, and EUR Cent accounts. It's not available for all MT5 users. Moreover, the bonus cannot be credited to an account that has received bonuses from other programs, has active trading operations, or if the client has already received the 100% bonus to their other trading accounts. If the broker finds any violation of the rules, they may cancel the bonus at any time without prior notice.
The maximum for the accounts eligible for this campaign is 1:200. Also, note that the stop-out level is carried out when the margin level is less than 100%.
Is the Bonus Withdrawable?
The answer is no. The bonus cannot be withdrawn immediately, but you can withdraw the profit made from trading with the bonus. Therefore, you can use the bonus to increase your margin and withdraw the profit afterward. There is no limit on withdrawing the profit gained from the bonus.
Note that the bonus will be canceled automatically if the total equity of the account is less than 120% of the bonus amount. The bonus will also be annulled if the trading account has not opened or closed trades within 30 days.
Steps to Receive the 100% Bonus
Getting the 100% bonus is relatively simple and straightforward. Here are the steps that you should follow:
- Visit InstaForex's website and open a new live trading account. Make sure to complete the registration and the two-level verification process.
- In order to receive the reward, you'll need to deposit funds into your account. You can use any deposit method available depending on your country.
- After creating your live account, you will be asked to fill in the application form for the 100% bonus specifically and input information details about your account.
- All done! You can relax and wait for the bonus to be transferred to a trading account. It may take some time for the funds to be reflected in your account though. Once you receive the bonus, you can immediately use it for trading purposes and withdraw the profits afterward.
Summary
The 100% bonus program is one of InstaForex's promos that offers a great opportunity to boost some of your first trades with the broker. Furthermore, you can easily withdraw the profit made from trading with the bonus. Keep in mind that the whole process is completely free. So, it is an easy and affordable bonus to get that can actually be useful for retail traders.
InstaForex has been operating since 2007. With more than 15 years of experience, this broker provides access to over 300 trading instruments, complete trading packages that support all levels of traders, and various types of bonuses and trading contests.
10 Comments
Keylaaa
Apr 13 2023
I noticed that in order to get the bonus, I'd have to complete the two-level verification process. Is this a part of the KYC procedure? Sorry. I'm still new in all of this, so I'm confused and pretty skeptical about the safety of these companies.
As far as I know, the KYC procedure requires traders to provide identification documents, right, like ID card, driver's license, etc. But is it okay to send this information to them without any guarantee that they're not going to misuse it for other purposes? Or are there any tips on protecting our personal information like should I blur my face or something.
Bonny
Apr 13 2023
Hey, Keyla. 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.
To be fair, the basis of this procedure is mutual trust. Meaning, you have to trust your broker. Admirals is a fully regulated broker, so you don't need to worry about their safety.
Omar H.
Apr 14 2023
It is worth mentioning that the KYC process is a legal requirement to comply with anti money laundering laws. Financial authorities like forex brokers need to confirm that their clients are not involved in any money laundering activities when using their service. This can prevent identity theft, financial fraud, terrorism financing, and other crimes. Failure to use this procedure can result in big penalties for the company.
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". So, it's not necessarily most convenient for the broker as well, cause it might stop their clients for registering. Meanwhile, most offshore, unregulated brokers don't use KYC procedure. This is why their registration process is usually very simple. You can instantly make an account and start trading, but the safety is not guaranteed. This is something that must be taken into consideration.
Meggy
Apr 13 2023
If you pay attention to these brokers, welcome bonus is actually very common. A lot of major brokers offer it simply to attract new clients, so they're trying to make it sound very appealing. However, many of these bonuses are simply unwithdrawable. I won't say it's a scam per se, but sometimes the requirements are just too high for retail traders and thus, making the bonus unworthy (cause you cant use it at all).
InstaForex offers a pretty doable bonus scheme, but do they offer any other bonus campaign suitable for small traders? Perhaps a loyalty-type program that can be used in the long-run?
Jayden
Apr 14 2023
InstaForex does offer several bonus programs with different terms and conditions. If you're looking for a program that benefits in the long-run, I recommend you to try the InstaForex club bonus. Basically, every client that owns an InstaForex Club Card can apply for this program. You can easily sign up to become a member on the broker's website. To get the bonus, you simply need to deposit any amount to your account using any payment system. The only condition to receive the bonus is that the deposit/withdrawal balance must show surplus. The amount of the bonus depends on the surplus amount.
George
Apr 16 2023
Honestly, I find the bonus offered by InstaForex quite attractive because it essentially gives you back 100% of the deposited amount as a bonus. This means that you'll have double the funds to start trading with, which can be really helpful for those with limited funds. However, I do understand that forex trading can be risky, so before signing up, I need to make sure that InstaForex is a safe and regulated broker. Specifically, I want to know more about the regulatory bodies that oversee InstaForex, whether they offer negative balance protection, and if they have segregated accounts to safeguard our funds. Can you provide me with more information on these matters? Thanks in advance!
Hendy
Apr 18 2023
Let me explain to you! InstaForex is a well-regulated broker and is subject to oversight from several regulatory bodies, including the FSA (St. Vincent & Grenadines) and the British Virgin Islands Financial Services Commission (BVIFSC). They also have negative balance protection in place, which means that you won't lose more than your account balance in case of unexpected market movements. Additionally, InstaForex uses segregated accounts to keep clients' funds separate from their own operating funds, ensuring that clients' funds are protected in the event of the broker's insolvency. Overall, InstaForex is a reputable broker with robust regulatory frameworks in place to ensure the safety of clients' funds and to protect them from market volatility.
Bams
Apr 16 2023
So, I was doing some digging and found out about InstaForex's welcome bonus. Apparently, a bunch of other brokers offer this same type of promo to reel in new clients. But, get this - InstaForex doesn't take away any of the bonus if you withdraw your profits! Other brokers might penalize you for doing that, which sucks.
I'm thinking about signing up with them, but before I do, I want to know more about their trading terms. What's the minimum deposit? How much spread are we talking? And what's the deal with leverage and account options? These things matter, ya know? Gotta make an informed decision.
All in all, I'm pretty stoked about InstaForex's welcome bonus. But, I don't wanna jump into anything blindly. So, thanks for your help in getting me the deets!
Lionell
Apr 17 2023
Hey, let me give you some information about InstaForex. First of all, the minimum deposit for an account is only $1, and you can choose between two types of accounts: standard and cent accounts. InstaForex offers fixed spreads, which means that the spread will not change, making it friendly for beginners. However, the spread is slightly higher, starting from 3 pips. The maximum leverage offered is 1:1000.
Regarding the welcome bonus, it might be worth considering depositing more money since it can double your equity. Keep in mind that the bonus terms may apply, and it's important to understand them before accepting the bonus.
Elie
Apr 17 2023
Hey, just a heads up for everyone! It's important to note that the welcome bonus provided by InstaForex is specifically tailored to new clients. Unfortunately, if you're already an existing client, you won't be able to take advantage of this particular bonus. However, if you're a new client, this welcome bonus can be a fantastic way to kickstart your trading journey with InstaForex. By using this bonus, you'll have the opportunity to double your equity, which can give you more room to trade and potentially make profits. So, if you're considering signing up with InstaForex as a new client, don't miss out on this welcome bonus offer. I recommend starting with a demo account first and putting in maximum effort to make the most out of the bonus, as it can truly double the size of your equity!