Profit more than 10% from instaforex

InstaForex broker
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Fenti andini
04 Jan 2019, 09:28 1,076 Views

I received a trading profit from a $1000 bonus, which has now become $1300. Can all of the $300 profit be withdrawn?? How can I do it? What are the requirements?? More than 10%

1 Answer

E
erik tri cahyo 04 Jan 2019, 10:27

To Fenti andini,

The mechanism for withdrawing profits from a bonus account varies in requirements for each broker. To see the requirements and how the procedure works, you can check directly with the broker in question.

However, generally, the requirements for withdrawing profits from a bonus account are:

  • The trading account must be verified first. You can verify yourself by uploading the required documents (ID card/Passport).

  • You must have traded with a certain number of lots. Generally, almost all forex brokers that provide bonus accounts always apply this rule. So, to be able to withdraw profits from a bonus account, traders must have met the specified lot trading quota.

  • You must deposit funds first. At some forex brokers, this requirement is also a common requirement. So, the balance or profit from the bonus account cannot be withdrawn before the trader deposits funds into the account first. Regarding the amount of funds, there are differences for each forex broker.

  • You must meet a minimum profit. Generally, forex brokers can pay profits from a bonus account if the profit generated is minimal or exceeds what is specified by the forex broker. This minimum limit standard can vary for each forex broker. For example, trader A and trader B both receive a bonus account from a forex broker of $1000. Trader A successfully makes a profit of $50, while trader B successfully makes a profit of $150. Meanwhile, the regulations from the forex broker stipulate that profits will be paid if the profit generated is more than 10%. In this case, trader A cannot withdraw their profit while trader B can receive the profit generated.


More or less those are the requirements for forex broker bonus accounts in general.

Hopefully this can help.

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