Even though I think that the No Deposit Bonus from Markets.com is a much better option, you can withdraw the free bonus and profits as soon as you make your first deposit, I think that the new No Deposit Bonus from InstaForex is an exciting opportunity to start Forex trading.
This is your way to the largest and most liquid market which has become the main source of stable income for many traders around the globe.
With $1000 bonus you will be able to estimate their unsurpassed quality of order execution in real trading conditions with no risk and personal investments. The bonus is credited automatically once requested and is available for trading straight away.
As with all legalese, there’s some I simply don’t understand. They say:
The Client agrees that in some cases the Company can ask him/her to replenish his/her account with real funds. At the same time, the Company credits an additional 30% bonus to this deposit.
The additional 30% bonus is regulated by the Welcome Bonus 30% Agreement.
The Client agrees that profits on accounts with the InstaForex StartUp Bonus are distributed proportionally between the real deposited funds and the bonus profits on the account. At the same time, a part of the profits proportional to the profits made from the bonus funds can be temporarily limited for withdrawal until a certain number of trades are made in accordance with the clause 11 of this Agreement.
After any withdrawal from the account, profits gained with the InstaForex StartUp Bonus are cancelled in the amount equal to the withdrawal amount.
Fixed bonus profits can be withdrawn after a certain amount of BUY or SELL trades are completed. The total volume of the trades should equal to X*3 InstaForex lots, where X is the total volume of fixed bonus profits.
They don’t explicitly say it here (and it’s another thing I don’t like about them, they’re not very transparent) as soon as you reach 10% in profit or $100, they ask you to make a deposit first before the profits are transferred into the real trading account and then its considered a “bonus” as per the terms above.
It’s all very confusing and I personally, I wouldn’t even bother with this “bonus” of which I can’t fully decipher the terms of. You’re probably better off choosing one of these smaller no deposit bonuses that seem more reasonable.
But if you are willing to give them a chance and try them out, then sign up here for this no deposit bonus.