Forex Bonus 4XP
4XP offers new traders a forex bonus of 30% up to $10,000. This is an instant bonus, meaning it's immediately available for trading. However, the bonus will be added manually by the compliance department of 4XP, so it's possible it will take a while before the bonus is actually deposited into your account. Still,a 30% instant deposit bonus is pretty good.
- You will only get the bonus over your first deposit
- The minimum deposit needed to qualify for this bonus is $1,000.
- Create an account at 4XP through ForexBonusFree.com, make a first deposit and the bonus will be added to your account.
- This is an instant 30% deposit bonus, meaning that 4XP will add 30% of your deposit as a bonus to your account.
- In order to withdraw the bonus you must have traded at least 1 lot for every $5 in bonus (the 4XP formula: the amount of bonus divided by 5 = number of lots) .
- If you withdraw your deposit before clearing the bonus, the bonus will be cancelled.
- The bonus will only be added to your account after you are approved by the compliance department. For this, you send a copy / digital photo of your ID, Utility bill and proof of payment. The compliance department is very helpful, so ask them if something is unclear and they will immmediately assist you.
How To Get The Forex Bonus
Open New Account
Make a first deposit
Bonus will be added to your account as soon as you're approved by the compliance department
You create an account at 4XP and make a first deposit of $1,300. 4XP will then immediately after being approved by the compliance department add an extra $390 (30% of your deposit) to your account, so that it now totals $1,690. If your first deposit would for example be $1,500, your forex bonus will be $450, so that your account would total $1,950.
4XP is a relatively young broker but with great drive. It was founded by experienced, professional traders who want to bring professional forex trading to the masses. To that end, they offer a wide variety of currency pairs, commodities, stocks and indices, using the most popular trading software of today, Metatrader 4.
Another strong point of 4XP is its customer service, which is available 24/6, through telephone, chat and email. We especially like the reachability by phone, since it tends to be faster than chat (let alone email).
Aside from the downloadable version of Metatrader, 4XP also offers Web MetaTrader, which is a no download version, suitable for mac. It also offers auto trading options, but we wouldn't recommend them since they tend to make you lazy as a trader, which is not necessarily a good thing.
Spread and leverage (300:1) at 4XP is normal to good.
4XP is a serious broker that is slightly more suitable for traders that have a little more than a couple of hundred dollars to trade with. One of the main reasons for this is that the instant forex bonus of 30% they offer is only for deposits of $1,000 or more. If you have that kind of trading capital 4XP is a good choice, because the bonus clearing rate is good, as is the bonus percentage itself. Since the max forex bonus is $10,000, in this case the bigger deposit the better.
So if you've never had an account at 4XP we definitely recommend opening an account and taking advantage of their big, instant forex bonus.