I have a forex bonus account of 3,316.09. How can I use it for trading or withdrawal?
@yoyok: Usually, each bonus account has specific terms and conditions from the broker in order to be withdrawn.
What broker is this bonus account from? And what is the bonus program?
I will help explain the terms or conditions to be able to withdraw from that bonus account.
@Yoyok Ariyanto: It seems you are using the $1000 startup bonus program.
Here is an explanation of the Instaforex $1000 Startup Bonus that I took from the website page of one of Instaforex's partners (familyinstafx).
What is meant by the Instaforex $1000 No Deposit Bonus is that you can get $1000 into your Instaforex account without having to make a deposit first. However, this does not mean that the $1000 funds you have in the account can be withdrawn directly. The purpose of the Instaforex $1000 bonus is to give traders the opportunity to try trading and transactions on the Instaforex platform.
The $1000 startup deposit bonus is essentially free loan capital from Instaforex that can be used for trading capital, and after trading and profiting $100, the $1000 bonus will be canceled and only the profit will remain.
After trading and profiting 10%, don't be surprised if your account is temporarily deactivated by the system. To reactivate the account, you must first deposit $100 into the account and can receive a 30% deposit bonus. So after the trader deposits $100 into the account, the balance will become $230, of which $130 is considered a bonus but can be withdrawn with terms and conditions.
To be able to withdraw all funds, traders must complete a lot transaction requirement of 130 x 3 lots = 390 lots. If the lot transaction requirement has not been met, then when requesting a withdrawal, it will be subject to the "profit sharing bonus" rule. To withdraw, please use the method you previously used to deposit.
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