The Vistaforex $123 Forex No Deposit Bonus is a non-deposit promotion bonus (the welcome bonus). A broker of Vistaforex organizes this, founded back in 2006 with the headquarters located in London. This platform provides access to online trading that has access to the currency instruments, commodities, crypto, stocks, metals, energies, etc. Suck account types offer VIP, Raw and standard accounts.
Vistaforex offers MetaTrader five trading terminals through different platforms to build a connection to the market instruments. You can easily access them through browsers. It’s essential to learn more about Forex because of a lot of scam and fraud in this niche. Check out this example on Safetradebinaryoptions.
How to begin with it?
For the newcomers in Forex trading without any risk factor and initial investment. For seasonal trading, InstaForex is offering a welcome bonus of $123 for the new and existing clients likewise which can be used for the withdrawals and trading with the profit.
The user needs to complete the requirements and get a fully verified trading account with the broker to get the bonus amount. As a requirement, the traders must have at least 23 active trading accounts for a minimum of 23 lots to withdraw.
How to withdraw from the Vistaforex $123?
The InstaForex $123 offers a trading account categorized into three, i.e., RAW, Standard, and the VIP. 100$ is the minimum initial deposit that you will need for the standard category of the account. Whereas 500$ are for the Raw and 20,000$ for the VIP account category.
Once your account is verified successfully, you have to log in to the account. Enter the Dashboard for creating a new live account, then find the option of WELCOME BONUS $123. It will automatically be added to your trading account. Here are some essential points that you need to know.
You cannot withdraw the bonus. Only the profit is withdrawable, which can be a maximum of 300%, equivalent to 369$, and must complete the 23 standard lots.
Methods to Withdraw
You can withdraw the following through the following means;
- Transfer Bank Wire
- Bank Transfer Local
- Visa Card
- Bitcoin Cash
- Perfect Money
Terms and Conditions
There are distinct terms and conditions that you need to know:
- They are only tradable on Forex
- Metal & Energy Instruments
- The order volume is 0.2 lots, while the top position opened at the time must be 5.
- The promotions may change.
The MBA Forex & Capital investment, a Nigerian-based company, crashed in December 2020 and caused hundreds of million dollars to be lost. The truth about MBA forex was that they defrauded investors to contact the banks and claimed to get their money back.
Is Vistaforex a legitimate broker?
The Vistaforex is registered in St. Vincent and the Grenadines, but it lacks some regulations. Just to put you on straight, the SVG-registered brokers are not licensed, which gives them the authority for free conduct.
You have to watch out for such circumstances as some of them could be online scams. It is because they run anonymously. At that moment, the VistaForex could get away with anything.
What to do if I get Scammed?
In case you get scammed, there are some immediate things that you need to do without any delay. First, file a chargeback if you used VISA or MasterCard for payment. Both of these providers allow 540 days to file for a chargeback.
The chances are grim for bitcoins and bank transfers as less or no chances of getting back your payment.
There are also chances that the Recovery Agents will contact you to give you false hopes. At that moment, you have to be patient about it as it is another kind of scam. Make sure to cross-check the information of the contacted recovery agency.
Do not trust any of such techniques and never share the CVV code. If in desperation you have shared it, contact the service providers and cancel your cards immediately.
In the end
The InstaForex $123 Forex is offering a No Deposit Bonus for new account holders. You can get the bonus withdrawal, which is 369$. Traders must have at least 23 active trading accounts and a minimum of 23 lots to withdraw. However, you guys have to watch out for the scammers in both cases.