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When trading Forex and other financial markets the extra cash provided in the form of various bonuses can amplify traders' ability to make money. But not all bonuses are worth it and some of them have difficult terms that anyone can hardly achieve, while some bonuses are very useful and easy to use. In this guide, we will discuss the Lirunex bonuses and conclude which one is the best for beginners and experienced traders.
Lirunex is a regulated Forex and CFDs broker that aims at achieving the status of the best CFDs broker in the world. Lirunex provides high maximum leverage of 1:2000 and more than 100 instruments in various asset classes. The broker is regulated by the Labuan offshore FSA (Financial Services Authority) and has zero fees for deposits and withdrawals. The trading instruments include Forex pairs, crypto, stock CFDs, commodities, and indices. Forex spreads on the standard accounts start from 1.5 pips on major pairs and the broker offers other trading accounts with spreads from 0.01 pips and average commissions.
Currently, the broker offers traders three different bonuses including a 100% deposit bonus, a 20% trading bonus, and gold for it. The bonuses on Lirunex are constantly added and expired and we focus on ongoing bonus promotions that have considerable time remaining before expiration.
This bonus from Lirunex is only available for first-time deposits and the minimum deposit to be eligible for this bonus is 100 USD. here are steps to get this bonus for newcomers:
In order to withdraw the bonus there must be at least a bonus amount in UD/2 lots traded on the account. Depending on the bonus size this can be easy or hard to achieve. Generally, it is best to use a bonus for making and withdrawing profits rather than the bonus itself. With this approach, the bonus can become a viable weapon in a trader’s arsenal to have more trading capital than their budget.
Other important terms and conditions for receiving the 100% deposit bonus are as follows:
As we can see the terms list for the bonus prevents scalpers from using it, but the bonus can be used by day traders with any medium to long-term trading strategies.
With a 20% trading bonus, traders will be able to earn up to 500 USD bonus. The steps to receive the bonus are simple:
Register a trading account, standard or Islamic, deposit at least 100 USD on the trading account, and fill in the application form provided under the bonus description. The withdrawal policies are the same as for the deposit bonus. The trader can withdraw the trading bonus after trading lots half the bonus size. For the 20 USD bonus trader will have to trade 10 lots in total to be eligible for withdrawing the bonus. This bonus too is best to use for making profits and then withdraw these profits as 10 lots for 10 USD bonus is too much to complete within three months of trading.
This promotion is aimed at preserving wealth with gold since gold is one of the best investments. With this promotion, traders have a chance of winning a Gold Bar depending on their deposit and lot sizes traded. Here are the list of gold bars and the terms for winning the prize:
The account types eligible for this bonus are LX-Standard, Islamic Prime, Standard Plus Swap Free, and LX-Prime account types. Other categories of accounts are not eligible for this bonus.