Introduction to PrimeXBT No Deposit Bonus
PrimeXBT introduces a no deposit bonus for South African traders. This promotion allows new users to start trading without an initial investment. The bonus provides an opportunity to explore PrimeXBT’s advanced trading features risk-free. South African traders can access multiple asset classes, including cryptocurrencies, forex, commodities, and indices. PrimeXBT operates under the oversight of the Financial Sector Conduct Authority (FSCA) in South Africa.
No Deposit Bonus Details
The PrimeXBT no deposit bonus offers South African traders a chance to start trading with R150. This bonus is credited to the user’s account upon successful registration and verification. Traders can use this bonus to trade any available assets on the platform.
Bonus Feature | Details |
Bonus Amount | R150 |
Eligible Assets | All available assets |
Withdrawal Requirements | 100x trading volume |
Time Limit | 30 days |
Maximum Withdrawal | R1500 |
Bonus Activation Process
Activating the PrimeXBT no deposit bonus is straightforward. South African traders need to complete the registration process and verify their accounts. Once verified, the bonus is automatically credited to the account.
Steps to activate the no deposit bonus:
- Register for a PrimeXBT account
- Complete the verification process
- Accept the bonus terms and conditions
- Receive R150 bonus credit
- Start trading with the bonus funds
Trading Instruments Available with Bonus
PrimeXBT’s no deposit bonus can be used to trade a variety of financial instruments. South African traders have access to over 30 assets across multiple markets. These include major cryptocurrencies, forex pairs, stock indices, and commodities.
Cryptocurrency Trading with Bonus
The no deposit bonus allows South African traders to explore cryptocurrency trading. PrimeXBT offers over 40 cryptocurrency pairs. Traders can use the bonus to speculate on price movements of major cryptocurrencies.
PrimeXBT Trading Platform Features
PrimeXBT’s trading platform offers advanced features for South African traders using the no deposit bonus. The web-based interface requires no downloads. It integrates TradingView charts with over 50 technical indicators.
Key features of the PrimeXBT platform:
- Advanced charting with TradingView integration
- Real-time market data and price feeds
- Customizable trading interface
- Multiple order types (market, limit, stop)
- Risk management tools (stop-loss, take-profit)
Mobile Trading App
PrimeXBT provides a mobile app for iOS and Android devices. South African traders can use their no deposit bonus on the go. The app mirrors the web platform’s functionality.
Leveraging the No Deposit Bonus
PrimeXBT’s no deposit bonus can be leveraged to amplify trading positions. South African traders can access high leverage options. The platform offers up to 1000x leverage on forex pairs and 100x on cryptocurrencies. This feature allows traders to control larger positions with the bonus amount.
Asset Class | Maximum Leverage |
Forex | 1000x |
Cryptocurrencies | 100x |
Indices | 100x |
Commodities | 100x |
Risk Management with Bonus Funds
While leveraging the no deposit bonus, risk management is crucial. PrimeXBT provides tools like stop-loss and take-profit orders. These help South African traders manage potential losses and secure profits.
Bonus Trading Fees and Commissions
PrimeXBT maintains its competitive fee structure for trades executed with the no deposit bonus. The platform uses a maker-taker model. Fees for crypto futures trading are among the lowest in the industry.
Volume-Based Discounts
High-volume traders in South Africa can benefit from reduced fees. As trading volume increases, maker and taker fees decrease. This incentivizes active trading and helps maximize the potential of the no deposit bonus.
Withdrawing Profits from No Deposit Bonus
South African traders can withdraw profits earned from the no deposit bonus. However, specific conditions must be met. Traders need to achieve a trading volume of 100 times the bonus amount. The maximum withdrawal limit from bonus profits is R1500.
Withdrawal Condition | Requirement |
Minimum Trading Volume | 100x bonus amount |
Maximum Withdrawal | R1500 |
Time Limit | 30 days |
Verification Requirements
To withdraw profits from the no deposit bonus, South African traders must complete the verification process. This involves submitting proof of identity and address.
Additional Promotional Offers
PrimeXBT offers additional promotions for South African traders. These can be combined with the no deposit bonus for enhanced trading opportunities. Promotions include deposit bonuses, cashback offers, and trading competitions.
Additional promotional offers include:
- 50% deposit bonus up to R7500
- 25% trading fee cashback
- Weekly trading competitions
- Referral program rewards
- Loyalty points system
Loyalty Program
PrimeXBT runs a loyalty program for active South African traders. Points are earned based on trading volume. These points can be exchanged for bonuses, fee discounts, and other rewards.
FAQ:
No, the R150 no deposit bonus cannot be withdrawn directly. Only profits earned from trading with the bonus can be withdrawn, subject to meeting the required trading volume.
The no deposit bonus is valid for 30 days from the date it is credited to your account. Any unused bonus funds will expire after this period.
No, the no deposit bonus is restricted to manual trading only. It cannot be used for copy trading or any automated trading strategies on PrimeXBT.