VantageFX $100 No Deposit Bonus Details:
VantageFX (Vantage International Group Limited) is giving out a $100 no deposit bonus to its first-time clients. However, this bonus is NOT eligible to the residents of the following countries:
Afghanistan, Albania, Australia, Bangladesh, Belarus, Bermuda, Bosnia and Herzegovina, Canada, Central African Republic, Congo, Democratic Republic, Crimea and Sevastopol, Cuba, Egypt, Eritrea, Guinea-Bissau, India, Indonesia, Iran, Iraq, Lebanon, Libya, Malaysia, Montenegro, Myanmar, North Korea, Pakistan, Philippines, Russian Federation, Serbia, Serbia and Montenegro, Sierra Leone, Somalia, South Sudan, Spain, Sudan, Syria, Thailand, Tunisia, Ukraine, United States, Vietnam, Yemen, Yugoslavia, Zimbabwe.
There are 3 sections to this $100 bonus.
- $50 no deposit bonus for signing up.
- $30 bonus for deposit at least $100 within 7 days after a live account is opened. Note that if you want to withdraw whatever profit generated by the $50 no deposit bonus, you will still have to make a deposit.
Pro tips: It is better for you to make a $100 deposit upfront. This gives you the advantage of the extra $30 bonus to trade and an unlimited profit withdrawal. If you deposit $100 when you want to withdraw the profit, the maximum profit you are allowed to withdraw is $200.
- $20 bonus once the trading volume is greater than 5 lots.
This is an amazing opportunity to kick start your trading career with VantageFX
1. How to get this $50 no deposit bonus (Step by step guide):
- This offer is only eligible to new clients (Never made a deposit before).
- Sign up for a new VantageFX account. (You must register using the link provided at the top & bottom of this page) (This is an exclusive arrangement between VantageFX and Forex Penguin, and you will only get the $50 no deposit bonus by signing up using the link we provide)
- The link will bring you to the sign-up page. Fill in your phone number and click “Create Account”.
- You will receive an SMS with the verification code. Enter the code into the following screen.
- Fill in your first name and last name to create an account. Click on “Start Trading”.
- Congratulation, your demo account is created. Now you can proceed to the “Download App” page.
- You will be redirected to download VantageFX Trading APP in Apple App Store or Google Play Store.
- After downloading the VantageFX Trading App, log in with your handphone number.
- Register a live trading account using the APP. Follow the step-by-step process on the screen.
- Verify your identity and residential address by uploading identity and residential documents.
- Once your new live trading account is verified, the $50 cash voucher will available within 1-3 business days in the coupon management section. Please contact us if you do not receive it within the given time.
- To access the coupon management section, please go to Profile as shown in the image below and then click on it.
- In the profile area, click on the “Coupon Management”.
- In the coupon management section, look for available cash vouchers. The NDB cash voucher has an expiry date. Make sure you redeem it before it expires. Click on the coupon.
- This is the last step. Choose the live account you want the $50 no deposit bonus. Click on the “Submit” button and you are done.
- Take a look at our account. It has a $50 credit and we can use it right away.
2. Get another $30 by depositing $100:
Make a $100 deposit within the 7 days of the opening of the live account, you will get an extra $30 bonus for trading.
3. Get another $20 by completing 5 lots trading volume:
If you trade more than 5 lots, you will get another $20 bonus.
How to withdraw the profit:
- You cannot withdraw the $50 no-deposit bonus. But, you can withdraw the profit generated from the bonus trading. There are 2 scenarios of how you can withdraw the profit. Both of these require a minimum deposit of $100.
- First scenario: You trade using the $50 no deposit bonus to generate profit. The maximum withdrawable profit is $200. You need to make a minimum deposit of $100 to withdraw the profit.
- Second scenario: You deposit a minimum of $100 before making any trade using the $50 no deposit bonus. There will be no cap on the amount of profit you can withdraw.
This bonus is no longer available. Please check out the best forex brokers 2022 to find the most reputable broker to kick start your forex trading.