SimpleFX ─ First Deposit Bonus

Broker Details

Broker Name
SimpleFX

Penguin Meter

Bonus Description
First Deposit Bonus Up to $2,500

Expiry Date
On Going

Deposit Bonus Details:

SimpleFX offers a first deposit bonus of up to $2,500, based on the amount of your initial deposit. The bonus is automatically added to your trading account and can be used right away to increase your margin. Note that SimpleFX does NOT provide services to U.S. citizens or residents.

How to acquire the bonus:

1. Sign up for a new SimpleFX account.
2. Deposit funds into your account. The bonus amount depends on your deposit (see the table below).
3. Your bonus will be credited automatically within 5 minutes (up to 3 business days) of making the deposit.

Important things to know:

1. The bonus is available for both fiat and cryptocurrency accounts (except ETH 2.0).
2. The bonus is converted into cashback based on spread turnover, with a 10% cashback rate. For example, a $50 spread turnover will grant $5 cashback.
3. Bonus funds are redeemed in $5 increments every Wednesday.
4. The bonus expires 180 days after being issued if not fully redeemed. You’ll be notified 7 days before expiry.
5. If you withdraw or transfer funds before fully redeeming the bonus, the bonus will be removed.
6. Only one first deposit bonus per client is allowed. Multi-account registration to exploit the bonus is prohibited.