InstaForex no deposit bonus

January 28, 2016

InstaForex no deposit bonus review will help you to analyze if you want to commit to this FX broker. InstaForex was launched in 2007 and company’s priority is to ensure a vast variety of trading services tailoring them to the clients’ needs. Trading conditions of this broker are considered to be among the best and they claim to be a good choice for beginners, especially with this attractive welcome no deposit bonus. Though you will see in this review, that the promised execution of the services and the reality with a InstaForex no deposit bonus are very opposite things.

InstaForex no deposit bonus

InstaForex up to $100 no deposit bonus

One of the deals that is not worth taking. Stay safe and trade only with reliable brokers!

Get 25 EUR From Plus500

Bonus Obtaining Description

  • open a real live account
  • upload a proof of your ID in the verification section in client cabinet
  • wait for a second level verification (might take 72h)
  • after getting it, submit an order for a no deposit bonus
  • after final verification the bonus will be transferred to the account

Bonus Conditions

Firstly, pay attention, that the bonus says up to $100, and it is written in terms that the sum will be assigned personally on the basis of verification. The InstaForex forex bonus no deposit guide does not really explain on what basis they verify your account and accredit you the amount of no deposit bonus. Further it is also stated, that if the verification process failed, the broker has a right to refuse you getting this no deposit bonus. So this already shows an irresponsible and quite strange approach towards the new customers.

Going through the trading conditions, the maximum leverage is 1:200 and lots for a bonus withdrawal are X*25 InstaForex lots (X is the total amount of all bonuses received), so here you can not also be really sure, as you do not know beforehand what will be your no deposit bonus InstaForex.

Withdraw or not to withdraw?

To understand how the withdrawal process looks like, look at this term: the trade volume of buy & sell trades should equal the lots described above, and all bonuses ever gained are taken into account – comprising cancelled or partially lost ones. Only the total bonus amount is allowed for withdrawal, it is not possible to do it partially. And the fun starts here, where InstaForex says, that to withdraw the bonus you have to send a request to bonuses@instaforex.com email and the broker has the right to refuse the request without giving any explanations! I mean, really? InstaForex bonus without deposit openly admits that it does not owe even an explanation for its actions – so much for a ‘reputable’ broker.

In case of withdrawing profit accumulated with this bonus, the profit has to exceed 20% of the received bonus, and company reserves the right to cancel the bonus without any prior notice. They openly say, that do not take any responsibility if the bonus was canceled.

Conclusion

This broker is a total scam – do not lose you precious time. InstaForex no deposit bonus opinions are mostly negative, so stay away from this broker.

Take 25 EUR From Plus500
  • We’ve been providing bonuses for our clients since 2008, and there are a lot of traders who succeeded in making money out of bonuses without investing a single penny of theirs. They had no trouble withdrawing their funds, because they followed all the rules and made no violation.

    The company’s policy is not to open the cheating strategies, so we cannot explain what of your actions were considered as ‘cheating’, since other traders may follow you to get a quick profit even it’s prohibited.

    Let us remind you and others that the bonus funds are given to beginning traders, so they could learn Forex without risking their own money. But nowadays lots of cheaters try to post as many messages on forums as possible to get a bigger bonus and then implement cheating strategies on their accounts to have a guarantee profit (which is not a result of the market deals).

    We have warned everyone that cheating is prohibited and in case the company detects a cheating strategy on your account, both a bonus and profit earned from this bonus with a cheating way, are to be cancelled.

    Any concern should be forwarded to our support service using these two emails support@instaforex.com or clients@instaforex.com, providing your account number.

    Thank you and have a good day!