IFX brokers is known as South Africa’s most popular broker. It is not an exaggeration that Forex trading has gotten the attention of many young people and beginners. IFX brokers offers many mostly required trading services and protocols.
In this article, we will shed some light on the IFX brokers bonus program.
Who is interested in a bonus program?
Mostly, new traders are puzzled by selecting between a large number of brokers. The South African brokers have been competing with each other neck to neck for the past few years. Hence, brokers have widely been adopting bonus programs frequently.
Thus, we can confidently say that bonus programs are an efficient way to grow the user base.
Are bonus programs legit?
The answer is a yes and no. Yes, bonus programs are legit if a regulated broker is offering them. Regulatory authorities such as South African FSCA ensure that all regulated and licensed brokers publish legit and non-scamming schemes.
Types of bonus programs
There are a bunch of bonus programs that brokers are currently offering. Some of the most popular bonus programs are;
- Sign-up bonus
- Referral bonus
- Holiday bonus
IFX brokers types of bonuses
IFX brokers are currently offering two types of bonuses;
- Deposit bonus
- Referral bonus
Deposit bonus / Sign-up bonus
IFX brokers offer the sign-up bonus as the most common type of bonus. The process of availing of the sign-up bonus is very simple.
Here are a few simple steps that you can follow to use a deposit bonus.
- Go to IFX brokers website
- Open the sign-up page
- Enter the sign-up information
- Verify your account
- Deposit money
- Apply for a bonus
Verification is a necessary thing to do to acquire a bonus on IFX. Non-verified accounts can’t get the deposit bonus.
IFX brokers offer standard deposit limits. The deposit limit is a little higher than market trends, i.e., 250 USD.
IFX brokers offer three types of accounts,
- IFX standard account
- IFX VIP account
- Demo account
Bonus is available on IFX standard and IFX VIP accounts. Demo accounts are not real trading accounts. Hence, you will not get a deposit bonus on IFX standard account.
The IFX bonus deposit amount ranges from 250 USD to 1000 USD.
The minimum deposit limit of the IFX standard account is 250 USD. However, you do get a 100 percent return deposit bonus from IFX brokers. The amount of bonus can’t proceed 1000 USD. agen judi slot online terpercaya merupakan situs terbaik dan terpercaya
IFX brokers also offer a decent bonus to old users if they invite their friends on the platform. IFX brokers will add a bonus amount to your account. However, your friend will not get any bonus amount whatsoever.
Frequently asked questions
Most new traders ask the following questions about Forex trading.
Does IFX brokers offer any bonus on demo accounts?
No, IFX brokers does not offer any bonuses for demo accounts.
Does IFX brokers have any limits for bonus amounts?
Yes, 1000 USD is the IFX brokers limit for bonuses.
IFX brokers offer attractive bonus programs for new traders as well as referring users. Hence, it makes IFX a good option for beginners.