iFOREX ─ 50% + 50% Welcome Bonus

Broker Details

Broker Name
iFOREX

Penguin Meter

Bonus Description
50% + 50% Deposit Bonus Up to $500

Expiry Date
On Going

Deposit Bonus Details:

iFOREX offers a welcome deposit bonus that gives new clients extra trading credit when they fund and verify their account. The bonus increases trading margin by up to $500 and is paid in two parts: 50% after the first deposit and another 50% after verification and the first mobile trade. It is used only as trading credit for CFD trading and cannot be withdrawn.

How to acquire the bonus:

1. A user must open a new account with iFOREX and complete identity verification to qualify.
2. A user must make a first deposit using an approved payment method to activate the bonus.
3. A 50% bonus is credited after the initial deposit is completed.
4. The remaining 50% bonus is credited after document approval and the first trade via the mobile app.
5. A user can start trading once both deposit and bonus credits are added.

Important things to know:

1. The bonus is available only to new iFOREX clients.
2. The total bonus is capped at $500, split into two 50% parts of up to $250 each.
3. The bonus is trading credit only and cannot be withdrawn.
4. Withdrawing funds may result in the bonus being removed from the account.
5. The bonus is meant to increase trading margin, not act as cash.
6. The broker may provide extra tools like tutorials, signals, and demo accounts at its discretion.