InstaForex Sign Up Bonus

 

A Instaforex sign up bonus Review

 

InstaForex Sign up Bonus

 

A first time InstaForex sign up bonus ,30% welcome bonus depending on the initial deposit amount, is offered by InstaForex.

Traders who register a real account with InstaForex and make their first deposit into their trading account will receive this bonus based on their initial deposit amount. This only applies to new customers and only to real accounts, demo accounts are not eligible.

InstaForex additionally offers a 100% deposit bonus applicable to new traders who register a real account as well as traders who already have an existing account but register an additional trading account.

Traders who fund their account with a maximum of $2,000 will receive 100% back on their deposit. Should the deposit be more than $2,000, there are special rules that apply.

Traders need to acknowledge that these bonus amounts cannot be withdrawn, only profits from this can be withdrawn from the trading account.

Brokers often offer these broker bonusses to new traders in an effort to draw in more customers in addition to encouraging trading activities. Offering a deposit or welcome bonus is the best way in which to assure traders that they will receive some money back depending on the initial deposit made.

Various brokers also offer no deposit bonuses to traders in the same effort to draw in more customers and bonuses like this may aid not only the broker in acquiring new clients, but also traders who have strict budgetary restrictions.

 

Referral Bonus

 

InstaForex does not currently offer referral bonuses to new or existing traders who make use of the products and services offered by InstaForex.

Referral bonuses are offered by brokers to traders in an attempt to draw in new clients and expand their customer base. Often these types of bonuses have strict criteria that will have to be fulfilled before the trader can benefit from referring a friend or family member.

Referral bonuses may also have a limited time in which they can be utilized by traders, perhaps in a given month that brokers see a decrease in activity and attempts to counter it by providing such bonuses.

 

Additional bonuses, promotions and rewards

 

InstaForex offers both new traders, and traders who are already in possession of a real account with a 55% bonus to every deposit that is made into the trading account regardless of the minimum amount deposited to fund the trading account.

In addition, InstaForex provides its new and existing traders along with loyal customers with the chance to win prize funds by randomly selecting a trading account each month to receive prize funds of a monthly-varied amount.

Traders will automatically be entered into the contest when they make a deposit of $3,000 or more into their trading account.

 

Pros and Cons

PROS CONS
1.      First time sing up and welcome bonus provided 1.      Trading bonus not offered to high volume traders
2.      Deposit bonus offered 2.      No referral bonus offered
3.      InstaForex Club bonus offered  
4.      Monthly prize fund competition available  

 

Conclusion

 

InstaForex offers a variety of bonuses which caters for both its new and existing traders when making deposits into their accounts. Although a referral and trading bonus are not offered, InstaForex caters sufficiently for bonuses based on account funding.