Instaforex Rules of the Bonus Agreement
InstaForex is a popular online trading platform that offers a range of bonus programs for its clients. These bonus programs are designed to incentivize traders to use the platform and increase their trading activity. One important aspect of these bonus programs is the bonus agreement, which outlines the terms and conditions of the bonus.
Here are some of the rules of the bonus agreement that every InstaForex trader should be aware of:
To be eligible for a bonus program, a trader must meet certain criteria outlined in the bonus agreement. These criteria may include the amount of the deposit, the trading volume, and the duration of the trading activity. It is important to carefully review the eligibility requirements before participating in a bonus program.
2. Bonus calculation
The bonus amount is calculated based on the trader`s deposit amount and the bonus percentage offered in the program. The bonus amount is credited to the trader`s account and can be used for trading, but it cannot be withdrawn until certain conditions are met. These conditions are also outlined in the bonus agreement.
3. Withdrawal restrictions
To withdraw the bonus amount, the trader must meet specific trading requirements outlined in the bonus agreement. These requirements may include a minimum trading volume or a specific timeframe for trading activity. Withdrawals may also be subject to certain fees or charges.
4. Bonus cancellation
InstaForex reserves the right to cancel any bonus program at any time, without prior notice. This may be done in cases of fraudulent activity, abuse of the bonus program, or other breaches of the bonus agreement. If a bonus program is cancelled, any bonus amounts credited to the trader`s account may be forfeited.
5. Risk disclaimer
Trading on any financial market, including forex, carries a high level of risk. InstaForex provides a risk disclaimer to all traders, outlining the potential risks associated with trading on the platform. Traders should carefully consider their risk tolerance and financial situation before trading on the platform.
In conclusion, understanding the rules of the bonus agreement is crucial for any InstaForex trader who wishes to participate in bonus programs. These rules outline the eligibility requirements, bonus calculation, withdrawal restrictions, bonus cancellation policies, and risk disclaimer that apply to these programs. By reviewing and following these rules, traders can make the most of InstaForex`s bonus programs while minimizing their risk.