The broker offers a number of different promotions to its clients to increase their participation in the markets and attract new traders. Let’s take a closer look at each:

Get cashback from Amarkets

The cashback program enables traders to return some of the trading fees, as members of the program can return part of the spreads. It’s important to note that the amount depends on your activity. The more you trade, the bigger the portion of returns will be. The cashback program consists of 5 levels. The higher the level traders reach, the better the returns can be. In order for traders to level up, traders need to reach a trading volume of 5 lots. 

It’s important to note that the cashback program comes with certain terms and conditions:

• The cashback loyalty program is only available on Fixed and EUR accounts. In addition, the required trading accounts are MetaTrader 4 and MetaTrader 5. 
• Amarkets offers its clients the trading of Forex, commodities, indices, cryptocurrencies, and CFDs (Contract for Difference) on stocks, however, the cashback program bonus is only calculated using trading volume on currencies and metals. 
• To be able to participate, you need to contact the manager. Live chat is available from the broker’s main page. Amarkets offers live customer support 24 hours a day, 7 days a week. The support is available via chat, email, and over the phone.
• Traders need to have a turnover of 2 lots within 30 days. 
• High-frequency trading is not allowed in the program. Traders need to open and hold active positions for at least 3 minutes.
• Price change in each trade should be 10 pips or more for the trade to be counted.
• Cashback is credited daily in the “Credit” section. 
• Failure to trade over 5 lots per 30 days will revert progress back to level 1. 

Switch your broker bonus

Using this program Amarkets is aiming to pull in traders from competitors. Traders can get an exclusive 20% bonus on their deposits, but there are a couple of requirements for claiming the bonus, including:

• Traders need to provide Amarkets with a statement from another broker, or an account password in order to check the trading activity. 
• The bonus will not be given for trading on demo accounts.
• The bonus is only offered for opening Standard and Fixed account types in Euro or USD. In addition, the trading platforms need to be MetaTrader 4 or MetaTrader 5.
• Traders can receive up to 5,000 Euros or USD (Depending on their account currency)
• It’s important to note that the 20% bonus cannot be withdrawn. The bonus can only be used in trading transactions, including drawdowns. 
• The bonus can be claimed only once.

Double your trading deposit

The bonus is only available to new customers of Amarkets. In order to receive the bonus, traders need to contact customer service. The maximum amount of bonus available per customer is 10,000 USD. 

It’s important to note that the bonus is not withdrawable right away and the funds are not added to the trader's account. The bonus amount is for trading purposes. In order for the bonus to be withdrawn, a certain level of trading turnover must be reached. 

In addition, traders need to be informed that:

• For the trade to be counted in turnover, the order must be closed and the minimum trade limit is 3 pips. 
• The trading history is not added to the turnover calculations, only new orders can be counted. 
• Traders cannot use the bonus in drawdowns. 
• Any withdrawals from the initial deposit will cause the bonus to be canceled. 
• Fraudulent activity on the trader’s part will cause the bonus to be canceled. 
• The bonus is only available on the MetaTrader 4 platforms of Standard or Fixed trading accounts. 
• The bonus will be canceled in case there’s no trading activity detected within 30 consecutive days. 
• It must be noted that only currency trading is counted as turnover in calculations. 

Trade demo, earn real cash

This offer helps beginner traders to transition from demo trading accounts to live trading accounts. In order for traders to be able to claim the bonuses, they need to demo trade profitably within 5 days. The bonus is available on Fixed and Standard accounts using the MetaTrader 4 platform. To receive the bonus, traders need to deposit the same amount as profits made on the demo account or greater to their live accounts. 

Here are some additional terms and conditions:

• Traders need to fund their live accounts within 5 days after they make a profit trading demo to receive the bonus. 
• The bonus is not withdrawable.
• The maximum amount of bonus per client is 10,000 USD.
• Bonus funds can only be withdrawn after reaching the predetermined level of turnover. If the Stop Out level is reached, the bonus will be written off from the client’s trading account.

Invite a friend and get some extra cash

This referral program generously awards invitations. For every new trader, clients of Amarkets can receive 10 USD. In addition, each new trader will receive a trading bonus on every deposit made that’s more than 100 USD.

• The bonus is only available on Standard and Fixed account types. In addition, traders can only use MetaTrader 4 as their trading platform.
• The maximum bonus amount per trader is 5,000 USD.
• The bonus has a deadline. After the new trader is registered, the bonus must be activated within 30 days, otherwise, the promotion will be canceled. 
• If a trader fully or partially withdraws funds from his initial deposit, the bonus will be canceled. 
• Profits received from trading using the promotion can be withdrawn freely. 

Bonuses of Amarkets have strict withdrawal conditions, such as minimum trading volume before the bonus can be withdrawn. In addition, there are many deadlines to be met. These conditions will be difficult to meet for most traders. Even small withdrawals from initial deposits will cause most promotions to be canceled, and that limits traders’ access to their own funds. 

The bonuses are encouraging overtrading, which is never a good idea. Profitable trading requires trading the best setups. When the goal becomes to trade in large volumes instead of trading the right way, the likelihood of failure increases. 

It’s important to note that when the bonus is tied to trading turnover, the broker has zero expenses. Instead of charging traders fees such as commissions and spread markups, the broker returns the money as bonuses and gets new customers. 

Moreover, the terms and conditions of most promotions offered by Amarkets are complicated, and many beginner traders will not be able to fully understand how to trade to receive the bonuses.

Overall, Amarkets has pretty generous offerings when it comes to promotions and bonuses. However, for most traders, it will be difficult to profit from the offerings as there are extensive requirements that need to be met before traders are allowed to withdraw bonuses. In most cases, the bonuses are non-withdrawable and traders need to meet a certain trading volume to be able to have full access to the funds.