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Celebrate the Year of the Snake With IronFX's 50% Bonus

Mar 04 2013
By

Last week, Cyprus-based broker IronFX blew us away with the launch of its Trading Competition, giving traders the chance to win a whopping $150,000 and two tickets to the F1 Grand Prix. But, presumably, not everyone in this world is a fan of yachts and little cars racing in circles, so the broker now has another bonus to offer (this time without any additional incentives) – the Year of the Snake Welcome Trading Bonus.

 

The way the promo works is quite simple. You can either open a new account or use an already existing one. Every deposit of more than $500 you make after March 1 brings you a 50% bonus. The sum of all the bonuses you receive while the promotion is still active cannot be over $9,000. If you happen to be very unlucky and your account balance goes below $50, you can get more bonuses for deposits over $500, but only amounting up to $4,000. That's all there is to it – easy as pie!

 

However, there are also a lot of requirements you must keep in mind when you take this juicy bite. First and foremost, you need to keep in mind that this bonus is only for trading purposes, so it cannot be withdrawn. The terms and conditions of the promo state you will not be charged for any deposits and withdrawals... but if you do try to make a withdrawal, your entire Year of the Snake bonus will go down the drain. And I don't mean just for the duration of the promo, either. Even after the promotion is no longer running, the first withdrawal you make will cause the bonus to be removed from your balance before the withdrawal is processed by IronFX. The only way to get out of this stipulation is for your account balance to reach less than $50 – then the bonus is canceled and won't affect your future actions. Oh, and don't forget: transferring funds between your accounts is considered a withdrawal, too!

 

On the other hand, if you transfer money from another account to the one where you want to use the bonus (oh, yes, did I forget to mention this part? The promo is only eligible for one of your IronFX accounts), you will not get your 50%. Also, STP and ECN accounts are not allowed to participate.

 

Despite all the stipulations, getting this bonus seems straightforward enough. However, there is one small but significant bit of murkiness in the whole deal – nowhere on the IronFX website does it say when the promotion will end. The only information given is that it will be running “from the month of March 2013 and onwards”. But what does this mean? I wondered, too, so I asked the IronFX support. Well, guess what – they don't know either! The promotion period is certainly going to continue till the end of March, possibly during April as well... and after that, who knows. So, if you want to try it out, I suggest you hurry.

 

If you don't, there are always other options from other brokers, designed to suit every taste and preference. You can go for the big cash prize at Admiral Markets, get yourself an iPad from AvaFX or make money off your buddies at Armada Markets. The choice is all yours, just make sure you read the terms and conditions before you sign anything!

 

 

About IronFX

 

IronFX is a Cyprus-based broker, regulated by CySec and specializing in Forex, CFDs on US and UK stocks, commodities, spot metals and binary options. The company was established in 2010 by an experienced team of Forex specialists and software experts aiming to create and offering an online trading environment with “One Account, Ten Platforms” trading functionality. Using the Meta Trader 4 (MT4) platform as a trading platform basis, combined with substantial in-house development, IronFX offers full access to strong liquidity, fast execution and a wide range of trading instruments, with spreads starting from 0 pips.

 

 

TAGS: ironfx  year of the snake  bonus  promotion  50%  50% bonus  trading  trading bonus 

More news about IronFX Global

Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Cyprus, SVG CySEC MT5, Web,
cTrader
$100 Review Website
Australia ASIC MT4, MT5,
IRESSTrader
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website

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