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With 30% deposit bonus, you can boost your InstaForex deposit and trade with more credits. Check how to get it and the key terms and conditions here.
In order to access financial markets and start trading, every trader needs to open a live account in a brokerage firm. As the competition among brokers is pretty tight, each firm typically comes up with exciting special offerings to attract new clients. Forex bonus is one of the common promotional campaigns used by brokers.
If you're looking to register with forex brokers that offer bonuses, you have loads of options. Today, we will talk about the bonus offered by InstaForex. This broker offers a 30% deposit bonus program, which is rewarded on the sum of each deposit made to a live trading account.
Contents
Get to Know InstaForex 30% Rewards
As a brief introduction, InstaForex is a well-established broker that has been providing services since 2007. It has a reputation in offering responsible and high-quality trading conditions suitable for both novice and expert traders.
The 30% deposit bonus from InstaForex will be credited within one week after the date of the deposit. The program is available for all clients and accounts, except MT5 accounts and accounts that are already credited with other bonus types (fixed welcome bonuses or 25% bonus). In this case, the client would have to open a new trading account to receive the bonus. The number of accounts to receive the 30% is unlimited for each client.
To receive the bonus, the client is not obliged to complete the identity verification process. The 30% deposit bonus can be used for trading purposes, but it's only available for forex trading. If it's used for trading cryptocurrency or CFD for shares, it might be canceled automatically.
Where to Find the Information on the Official Broker Site?
- This information is reported per Apr 26 2023.
- 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.
Can I Withdraw the Bonus?
You can easily withdraw the profit gained from trading with the bonus without any restrictions. However, if you want to immediately withdraw the 30% bonus, there are certain conditions that need to be met.
The formula for the trading requirement in InstaForex is as follows:
X3 InstaForex lots, where X is the total volume of the received bonuses. This includes the cancelled or partly lost bonuses.
Once you fulfill the requirement, you must send a withdrawal request to [email protected]. The fund should be fully available in your account after the account manager confirms the request. Please note that only a full amount of the bonus can be withdrawn, so it's impossible to partially withdraw the bonus or request a certain amount.
InstaForex is an international broker that provides trading services to traders globally. Since it was founded in 2007, InstaForex has provided for clients from various countries as many as 7 million traders. Based in Kaliningrad, Russia, InstaForex always attempts to improve the quality of the company in order to captivate the hearts of their clients.
Their hard work can be proven, one of which is by achieving a variety of awards, including Best Forex Cryptocurrency Trading Platform 2018 by UK Forex Awards, Best ECN Broker Asia 2018 by IBM, Forex Broker of the Year for Eastern Europe 2018 according to le Fonti Awards, Development, and Success award at Financial Olympus 2016-2017, etc.
There are 4 types of account offered by InstaForex representing a universal trading tool that help to work on international financial markets, such as Insta.Standard, Insta.Eurica, Cent.Standard, dan Cent.Eurica. Trading account types differ by the methods of accounting spreads and commissions, which are picked by the trader opening an account.
Insta.Standard account is relevant for standard trading terms on the Forex market and allows a trade to be settled with classical spread and with no fees. Traders will be charged a fixed spread every time they make a transaction. Spreads that are provided ranging from 3-7 pips. The main advantage of this type of accounts is its universality, as a trader can change the trading leverage and work with a deposit size convenient for traders.
Different from Insta.Standard accounts, Insta.Eurica accounts do not require payment of any spread on opening a deal. Therefore, this type of InstaForex account is suitable for beginner trader with a minimum transaction of 0.01 lots.
There are also other types of accounts InstaForex, namely Cent.Standard and Cent.Eurica which can be used for beginner traders because they can use the minimum transaction volume, which is 0.0001 lots (the cost per lot is USD0.1 cent). Deposit currencies that can be used by traders are EUR and USD (for all types of accounts).
Trading in InstaForex is quite a given as traders can choose to trade with leverage between 1:1 to 1:1,000. With a minimum initial deposit requirement of only USD1 (for all types of accounts), InstaForex clients have the opportunity to get a 30% to 100% deposit bonus.
Not only that, but beginner traders are also exempt from confusion in determining forex trading strategies. Because Instaforex provides ForexCopy services that allow traders to copy orders from professional traders in just a few minutes.
And then, there are around 300 trading instruments offered by InstaForex for traders. In addition to currency pairs, there are also futures, shares, gold, silver, CFDs, Bitcoin, and others.
Every InstaForex client is free to choose a trading platform that can be tailored to their needs. There are four types of trading platforms available, including InstaBinary, WebIFX, MetaTrader4, and MetaTrader5. Each platform has advantages and disadvantages. InstaForex also provides video tutorials on how to register on each platform. It aims to make it easy for beginner traders who want to join InstaForex.
If a trader still confused after seeing the video tutorials, traders can contact customer service available 24 hours connected to various social media, including email, Skype, Whatsapp, Telegram, Viber, Twitter, and Phone Call. On the InstaForex website, there are around 30 languages provided to facilitate traders from various countries.
The trader can also help themselves with trading calculators provided on the InstaForex website. Traders can accumulate currency pairs, Leverage, volume, and currency used.
The payment system in InstaForex is also diverse. Traders can pay deposits via Visa, Mastercard, Skrill, Neteller, PayCo, as well as Wire Transfer. All in all, InstaForex is a well-rounded broker for many types of traders.
Steps to Participate
- Create a live trading account. New customers would have to register a live trading account on the broker's official website. You can open an account using any base currency to receive the bonus.
- Make a deposit. Fund the account using any available payment methods offered by the broker.
- Submit an application for the bonus. After the registration process is completed, you need to fill in the application form to get the 30% bonus and specify the details of your trading account.
- Get the bonus. The bonus will be transferred directly into your trading account within one week after the date of the deposit.
Extra Benefits for InstaForex Club Members
If you join the InstaForex Club, you will get the opportunity to increase the standard deposit bonus from 30% to 40%. This privilege is given to all InstaForex Club members who completed the preferential terms of participation in contests and promotions offered by the broker. The extra 10% from the InstaForex Club membership will be added to the standard deposit bonus automatically.
End Thoughts
InstaForex offers a deposit bonus that's pretty straightforward, and suitable for both new and existing customers. You can get the bonus each time you fund your account, and then use the amount to trade forex or withdraw. It's available to multiple account holders, so each client can get the deposit bonus for several eligible accounts.
All in all, it's a simple program that anyone can participate in, regardless of their trading expertise or financial capability. It's certainly a good addition to other InstaForex popular bonus programs such as the Chancy Deposit.
Just keep in mind that the bonus does not eliminate the risk of trading, so make sure to apply a good risk management system to your trades.
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
Cairo
Apr 28 2023
I'm still a bit confused here. Do you have to deposit first then apply for the bonus, or is it the other way around? Also, is there any condition about the deposit method? I prefer brokers that support instant deposit as I typically don't open my account that often. To check the balance I mean. Thanks for the answer!
Imanuel
Apr 29 2023
As explained in this post, you'll need to make a deposit first, and then you can submit an application for the bonus. The broker needs to make sure that your account is eligible and not currently active in other bonus programs. Instaforex offers a number of payment methods, including credit/debit card, Skrill, Neteller, Bitcoin, Litecoin, bank transfer, cash through dealers, and Payco. If youre looking for instant deposit, I suggest you use credit card (visa/mastercard) or e-wallets. Happy trading!!!
Alana
Apr 28 2023
So, if I apply to become a member in the instaforex club, I'll get an extra 10% bonus? That sounds pretty convenient, but based on my experience, these clubs are not easy to get into because they are meant for clients who have been trading with the broker for at least a year. Usually the broker would ask us to deposit a certain amount or trade a ridiculous number to grant us access to the loyalty club. Is that the case here too? Also, what else can I get from joining the club aside from the extra bonus?
Rafika
Apr 29 2023
The InstaForex Club is an elite community that offers a number of benefits. As far as I know, it is available to all InstaForex clients who fill in the application form in the Client Portal. After that, you'll get a PIN code for the membership card, which is linked to the corresponding trading account. Oh and the broker will charge $10 for the card as a security measure. I believe you can get the physical card sent to your home too by post. Once it's activated, you can start collecting bonus points and enjoy all the benefits.
Vegaya
Apr 29 2023
Small correction. You don't get an extra 10% bonus simply by joining the elite club. The actual amount depends on your trading account surplus or basically the balance calculated from the date of the club card payment. For instance, surplus of under $500 will only get an extra bonus of 1%, surplus of $500-1,000 will get an extra bonus of 2%, and so on. To get the extra 10% bonus, your trading account need to have a surplus of $15,000 and above. You can check the full bonus scheme on the broker's website (search for the InstaForex Club page).
Also, in addition to the extra deposit bonus, the club members can also get a 10% discount on educational seminars held in the InstaForex offices worldwide.
Boris
May 6 2023
To receive the bonus, the client is not obliged to complete the identity verification process. The 30% deposit bonus can be used for trading purposes, but it's only available for forex trading. If it's used for trading cryptocurrency or CFD for shares, it might be canceled automatically.
Based on the statement above, it appears that the bonus can only be used for forex trading, and trading other assets like cryptocurrencies or CFDs for shares might result in the bonus being canceled automatically. So, if we are looking to trade forex assets with the InstaForex bonus, what would be the best approach? Since we need to deposit our own money to receive the bonus, we want to ensure that we use it effectively.
Hardy
May 7 2023
Yes! You can really trade Forex and it is suit to the beginner! I recommended youto start with the major currency pairs, which are the most traded and widely recognized in the forex market. These pairs include:
These currency pairs are often more stable and have lower spreads compared to exotic or minor currency pairs. Additionally, there is generally more information and analysis available for major currency pairs, making it easier for beginner traders to learn and make informed trading decisions. Hope it can clarify your things!
Hugo
May 8 2023
I highly recommended EUR/USD dude! It is one of the most popular currency pairs for beginners is the EUR/USD. Now, you might be wondering why this pair is so popular. Well, first of all, the EUR/USD has a high trading volume, which means that there are a lot of people trading this pair at any given time. This can make it easier for beginners to find buyers and sellers, and can also lead to more predictable price movements.
Another reason why the EUR/USD is a good choice for beginners is that it tends to have lower volatility than some other pairs. This means that the price movements are generally less extreme, which can be less intimidating for new traders who are still getting the hang of things. Of course, it's still important to manage your risk and use appropriate stop-losses, but trading a less volatile pair can be a good way to ease into the market.
Finally, the EUR/USD is often influenced by major economic and political events, such as central bank announcements and elections. This can make it an interesting and dynamic pair to trade, as there is always something happening that can impact the price. As a beginner, it can be helpful to follow these events and learn how they affect the market, which can help you make more informed trading decisions! By doing EUR/USD, you can maximize the deposit bonus that you get in InstaForex!
Benaser
May 6 2023
Hello! I'm a little confused about the terms for withdrawing money after receiving welcome bonuses from Instaforex. There are some important terms to understand. To withdraw the bonuses, you need to calculate X, which is the total volume of the bonuses received, including those that have been cancelled or partly lost. In order to withdraw profits after reaching 30%, you need to calculate the amount using this formula. Unfortunately, I'm not sure how to do this, and I would appreciate it if someone could provide me with an example of how to calculate it using actual money.
Joshua
May 8 2023
I'll do my best to explain how to calculate the amount you can withdraw after reaching a 30% profit with the formula provided by Instaforex.
First, it's important to understand that the formula requires you to calculate the total volume of bonuses received (including those that were cancelled or lost) and then multiply that amount by a certain factor. The factor depends on the type of account you have with Instaforex and can be found on their website.
For example, let's say you received a welcome bonus of $100 and your account type requires a factor of 3. This means you would need to trade a total volume of $300 (which is 3 times the bonus amount) in order to be able to withdraw any profits.
Now, let's say you've reached a 30% profit on your trades, which means you have made $30 in profit. To calculate how much of that profit you can withdraw, you would use the following formula:
Withdrawable amount = (profit / total volume) x bonus amount
In this case, the withdrawable amount would be:
(30 / 300) x 100 = $10
So, you would be able to withdraw $10 of your $30 profit, and the remaining $20 would need to be used for further trading.
I hope this helps! Keep in mind that the specific terms and formulas may vary depending on your account type and the terms and conditions set by Instaforex, so it's always a good idea to double-check with their website or customer support for any details or clarification.