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An unusual lot size has become a trademark of InstaForex since its inception. Compared to how the cost of 1 punt and the margin margin for any average broker are calculated, all parameters here are understated by 10 times!
Having received a bonus of 1000 USD, the trader trades until the profit exceeds 10%.
As soon as this happened, a separate account is opened for him, where 10% of the profit is transferred, that is, $ 100.
The next step should be to replenish the account with another 100 USD, that is, for a real amount equal to the amount of profit received using the bonus.
When making a deposit, a trader can receive another 30% bonus for the first deposited amount, as well as up to 100% for each subsequent one.
After depositing the required amount, the client can trade on the account using any strategy and technique. As soon as the trading volume reaches 450 lots, the trader can withdraw both the funds deposited by him and those that he received using the startup bonus.
In theory, everything looks good; if most competitors offer something similar, then the amount does not exceed $ 50- $ 100
the trader receives a welcome $ 1000;
immediately after reaching a profit of at least 10%, the trading opportunity is blocked. The trader receives a message that it is necessary to replenish the account, the amount of replenishment is equal to 10% of the accrued "gift";
that is, having earned about $ 100, you can continue trading only after replenishing your account with $ 1000 * 0.1 = $ 100. An additional 30% is charged on this replenishment, this money will also need to be worked out.
Reviews prove that investment is still essential. So the prefix "no deposit" in the name is rather one of the ways to attract new customers. This step is not illegal, but many are upset that it will not work without investing their own funds.
How traders feel about InstaForex broker
Broker InstaForex has existed since 2007, that is, at the moment the company can boast of an 11-year history of successful work in the international market, as its clients include brokers from all over the world! Insta can hardly be called a very popular broker, and many Russian-speaking traders call it a "kitchenette", but this does not prevent the company from confidently increasing its client base, consistently paying profits and continuing to actively develop.
After studying all the conditions for granting and working out bonus funds with the InstaForex broker, we have to admit that the company offers an honest version of work that does not contain any pitfalls. Today, using such a generous offer is a unique opportunity to test your strengths in the role of a trader or investor, getting a very real profit without any investment.
Go to the InstaForex website at
https://forexdesire.com/bonus70.html and get the benefits