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    Thread: What is your impression about the $500 Start Up Bonus?

    1. #21
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      Default Re: What is your impression about the $500 Start Up Bonus?

      The $500 start up bonus by Instaforex is actually a great deal been given to Instaforex clients, the bonus is fully available to trade with and this allows a trader to trade in forex without making any deposit. The profit made from this bonus cannot be withdrawn directly, instead the first time profit made of $100 then the bonus would be cancelled and you would have to deposit the amount of profit made so that you can trade fully with the first time profit made from the bonus. There's a formula that is used to calculate the amount thet is available for you to withdraw of the first time profit made from the bonus added to your normal profit from the whole account.

      The major advantage of the $500 start up bonus is that it helps you increase your equity and this makes your account resistance to margin call and makes your trading capital big.

      Regarding the $1000 start up bonus, actually there was a time it was $1000 start up bonus and I was opportune to utilize it. It is exactly the same conditions with the $500 start up bonus but I don't think it is available any longer.


    2. #22
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      Default Re: What is your impression about the $500 Start Up Bonus?

      For myself, regarding the $ 500 bonus from InstaForex, I have never used this bonus for forex trading, so there is no experience I can share about this bonus

      But trading experience with bonuses from InstaForex originating from the MT5 forum, this really provides an opportunity to gain profits in forex trading without having to spend capital from his own pocket.

      Many forex traders have taken advantage of InstaForex, of the many bonus programs offered, and many who have already earned money from InstaForex, especially those who already have extensive knowledge and reliable trading skills


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    4. #23
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      Default Re: What is your impression about the $500 Start Up Bonus?

      To be candid, starting forex trading with $500 capital is one of the best things that can happen to traders, because $500 is somewhat a reasonable amount of money. Any traders that could achieve $500 capital in either a bonus form, or in a real money will do well with it when the trader have good trading experience to leverage on the good capital. What the trader needs to do is to work on a good strategy and money/risk management along with that $500. I will use 10% money management and use 1:3 risk management if i am the trader.

      Also, one thing i will like to share with traders is that, success is not only about the capital, the capital can be small or big, but the mindset at which the trader is using that capital is what really brings out the success through that capital. That is why you would see some traders using small capital, and they will be successful. While some traders will trade with big capital, but they will lose all their money.


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    6. #24
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      Default Re: What is your impression about the $500 Start Up Bonus?

      It is my first time to get clear picture of this bonus, last week a friend told me that he open account last year January and leaved without checking it again until last week, that one year after only to see $500.00 without trading the account , he asked me to withdraw it for him which i told him that i will know the source of the fund before doing anything.The worst of it is that the platform of this account did not open. Now it is clear to me the source, i dont think it is good for new traders since you have to refund the account for you to continue trading it. It is better to work for weekly bonus than applying for it.Although , there are some who may like the system but generally it is not favorable.


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