InstaForex bonus explained: Conditions and how to activate it

Bonuses are the incentive that can push you to do what may seem impossible. Giving away a bonus can be a great motivator in all domains. We can see that it is used for various reasons around us. If we observe, then we can understand its importance. It is something that always gets us happy and excited. 

We may have come across various types of bonuses. If you are a professional, it may be a familiar term. Employers usually give additional bonuses to their staff for their consistent performance. Some of them also offer festival bonuses to all their employees. The main purpose of a bonus is to retain the efficient staff for a longer period in such cases. 

However, we can come across bonuses while shopping also. The shopping centers or supermarkets keep bonus offers to attract more customers. Even the brands offer you bonuses in the form of additional points and discounts to increase their popularity.

Therefore, when we arrive at a point where we need to attract more people, we can use a tempting bonus to attract their attention. If you offer a bonus that is quite useful for them, they cannot deny it. Similarly, we can apply the same principle to the trading world also. 

It is not unknown anymore that trading is among the fastest ways to gain wealth. So, if you are searching for a legal way to grow financially in the least amount of time, trading is the only way. It offers you the chance to trade in multiple assets that give a different quantum of profits.

Moreover, with the expansion of information and technology, more people are getting aware of trading and its benefits. Since we know that making money is a need for everyone, people often look for ways of doing it in less time. Perhaps that is why they are now embracing online trading more than ever.

We know how difficult it used to be before the rise of online platforms. Physically gathering at the exchanges and calling out the orders were much more difficult than they sounded. But, all such scenarios have seen an end with online trading. Now, it is possible to enter the world of trading with just a few clicks and scrolls on your laptop.

Online trading offers plenty of opportunities for anyone keen on financial growth. A person can trade in various assets ranging from stocks, crypto, CFDs, currency pairs, etc. But, a new trader will always face a dilemma while taking the first step. She may not be sure of the first move or her chosen strategy. So, it is needless to say that there always lies a need for an online broker. It helps in making the trades easier.

Many trading enthusiasts are showing a keen interest in joining the trading business. However, they often hesitate due to a variety of reasons. It includes poor accessibility to markets and a complicated interface of the broker’s platform usually. However, if the features are attractive enough, the platform will draw customers towards it. A trading bonus helps in enhancing the feature portfolio to achieve that. Various brokers are now offering a trading bonus through their platforms. So, anyone who looks for opportunities to increase wealth can utilize the platform at its best. 

A trader gets to trade in various assets that range from stocks, crypto, CFDs, currency pairs, etc., with an additional deposit bonus. So, a good online broker makes sure to provide the bonuses and help the traders use them wisely.

InstaForex is an online broker that does a similar job by offering attractive bonuses. In addition to mediating the trading process with the help of its services through its trading platform, it offers bonuses that can go up to 100%.

InstaForex is a broker that has been in the business for almost two decades now. It started its operations in 2007 and has become a reliable choice for even the most experienced traders. It already has the trust of more than 7,000,000 traders. 

You can trade in more than 300 instruments with InstaForex without minimum deposits. Moreover, it offers more than 10 ways to deposit and withdraw your hard-earned funds. All such features come with the most attractive bonuses it offers. Let us now further understand the term bonus first. After that, we can look into the types of bonuses offered with InstaForex. It will help us understand the broker better and use the bonuses wisely.

What is a trading bonus?

Trading bonuses are common in financial markets and are often provided to traders when opening a new account. We can understand it as an incentive used by brokerage firms to attract new traders. It is a sum of money or a percentage given to traders when they create an account or deposit money for the first time. However, depending on the broker, the conditions may vary. Moreover, some brokers offer special bonuses exclusive to their platforms as well.

Bonuses are nothing more than a reward offered to the trader by the platform for selecting them.

Trading bonuses are perhaps the most enticing promotional offers out there. They can significantly encourage traders to enter the trading market. Bonuses are a primary aspect that helps determine the broker and its suitability, spreads, and commissions as well. A good trading bonus could be the factor responsible for a trader to decide a particular platform.

Some brokers also provide a 100% trading bonus like InstaForex. So, if a new customer deposits $100, she will get an additional $100 as an additional bonus. It helps a trader open larger trades with a larger amount. Trading bonuses are usually non-withdrawable. That means we can use them only for executing the trades. However, a trader can always withdraw the profits earned from the bonuses.

The bonuses usually get credited to a secondary account. But any profit made by using the bonus will go to the real balance. For example, if we assume that a trader has $80 as a bonus and made a profit of $60, they can withdraw $60. A trading bonus can raise a trader’s profit margins by opening larger trades or splitting the amount on multiple trades.

New traders can enjoy getting trading bonuses of various kinds. The decision to accept a bonus is totally up to the trader as well. We can see that many platforms give the option to waive off the bonus. But it is not recommendable; after all, why won’t you want free funds? But if the trader truly does not wish for a bonus, they have the option to refuse.

When we come to the most common bonus, initial deposit bonus, platforms require the trader to deposit money before getting the bonus. But the amount need not be very large. Traders have to deposit the money they plan to use for trading and receive the bonuses accordingly. However, some platforms offer traders a no deposit bonus as well.

Choosing a broker merely because of its lucrative bonuses is not recommendable. Traders must do proper research on the platform before making the final decision. Newbie traders often ignore the platform’s wide spreads or high commission rates when they see huge signup or welcome bonuses. If you make such a mistake, you may lose a lot of profits later.

Therefore, in-depth research on every detail about the platform is important. Bonuses should not be the only factor for the decision-making.

How to use the trading bonus?

The bonuses are nowadays becoming a strong selling feature for many brokers. That is why a broker like InstaForex focuses on giving out different types of it according to the trader’s preference. On the other hand, many brokers only give the bonuses post-trading and others while the initial deposit.

The latter is the more common form, so when you fulfill the broker’s conditions, the bonuses, also called rebates, get credited to your account. For example, if it’s an initial deposit bonus, it will be credited after the first deposit. However, you must know that certain brokers may require you first to execute a few more trades, unlike InstaForex.

After meeting the bonus requirements, you may receive the bonus instantly, or it may take a few hours or even days. However, with InstaForex, it depends on when you wish to transfer it to your account. But, that should not go beyond a week. 

Once the bonus is credited, a trader may start opening and closing positions as she wishes. She can seek to trade the required volume to claim the bonus if the conditions demand so. After a trader has completed the required volume, the broker may transfer the bonus money to the trader’s account. 

Finally, the trader is free to do whatever she wants with these funds. But, if the conditions do not specify anything, you can straightaway start using the bonuses in your trades. Though you cannot withdraw the bonus, you can always withdraw the profits earned easily.

Which bonuses are offered by InstaForex?

InstaForex Rating	4.8/5
Demo Account	Yes
Regulators	FSC, CySEC
Minimum Deposit	$0
Initial Deposit Bonus	Yes
Welcome Bonus	Yes
Maximum Bonus For Current Users	Up to 100%
Bonus Expiry	7 days
Account Activation Time	24 Hours

You can get an assorted list of different types of bonuses with InstaForex. Many brokers offer you a bonus limited to just the initial deposit. Otherwise, they may offer a welcome bonus in some cases. But no broker offers a list of bonuses that you can redeem per your moves. Let us try to decipher them in detail:

Welcome bonus

The welcome bonus is a common type of bonus offered by various brokers. InstaForex also offers its customers the same. The new entrants can receive a bonus of 30% to their account with InstaForex. All the user needs to do is fill out an application form and register for the live trading account.

Conditions 

• This offer does not apply to MT5 accounts
• You need to add the bonus to your account within a week of its credit.
• You cannot credit it if you have already credited another type of bonus in the same account.

First deposit bonus

InstaForex offers you a unique chance to receive a whopping 100% bonus when you make your initial deposit. It will be credited to a deposit that goes up to $2000. You only have to open a trading account and fill out the application form. However, you must note that you cannot withdraw the bonus funds. But, it is allowed to withdraw the profits you make out of it.

Conditions

• It applies to your account only if you opened it after May 15, 2014.
• It also excludes the MT5 accounts
• The maximum leverage you get is 1:200
• It is a one-time bonus, so if you already receive another type of bonus, it does not apply.

• This bonus is applicable for a deposit that can reach up to $2000. However, if the deposit goes beyond that, the trader would receive a 50% bonus for what remains after the first $2000.

55% bonus

Usually, brokers only offer a welcome or an initial deposit bonus. But, we can see that they are offered together rarely. However, InstaForex leaps forward to offer a wonderful bonus that is credited with every deposit you make. You will receive a 55% bonus on each of your deposits. But it applies only to those accounts that traders opened after June 15, 2013.

Conditions

• It applies to the Standard accounts that the traders opened after June 15, 2013. But, the MT5 accounts are excluded from it.
• The maximum leverage offered with this bonus is 1:200, wherein every InstaForex customer will receive a bonus amount of 55% of the deposited amount.
• The maximum time to credit the bonus into your account is 1 week. Also, the traders cannot credit it with another type of bonus.

Club bonus

There is an exclusive bonus that only the InstaForex Traders can get. You can apply and receive it if you hold an InstaForex club card. If you are yet to become a member, you can sign up first and then claim it. Depending on the account surplus, it can range from 1% to 10%. 

Conditions

• It applies to only the members having the InstaForex Club Card.

• The bonus amount ranges from 1-10%. It depends on the account surplus.

Chancy deposit bonus

It is a bonus that associates with the chancy deposit campaign. This type of bonus lets you win an additional $5000 if you deposit an amount of $3000. The Chancy deposit bonus is a unique offering that you can get only on InstaForex.

Conditions

• It applies if you top up your trading account with $3000 or more.
• The amount in the prize funds is subject to change every month.

Conclusion

InstaForex is one of the top brokers out there. We should not think that it just offers Forex trading because you can trade in multiple assets with it. Moreover, it stands apart from other brokers in offering a diverse range of bonuses with different requirements. You can claim even more than one bonus in the same account in some cases. The best part is that it gives the initial deposit bonus up to 100%, which is rare among the brokers. Therefore, for any trader looking for a reliable trading partner with multiple bonus offers, InstaForex is the ideal choice.

FAQ – The most asked questions about InstaForex bonus :

---

See more articles about forex trading here:

Last Updated on January 27, 2023 by Arkady Müller