SimpleFX ─ First Deposit Bonus

Broker Details

Broker Name
SimpleFX

Penguin Meter

Bonus Description
Deposit Bonus Up to $5,000

Expiry Date
Promotion Expired

Deposit Bonus Details:

SimpleFX is bringing back its First Deposit Bonus, giving traders up to $5,000 in bonus funds when they make a first deposit on a live trading account. The bonus is added as trading credit and can be turned into real, withdrawable money through trading activity. The offer is valid until October 28, 2025.

How to acquire the bonus:

1. Make the first-ever deposit on any SimpleFX live account.
2. Applies to new users and existing users with new or unfunded accounts.
3. Each user can claim the bonus once per account, if each uses a different currency.
4. Bonus is added automatically within 3 business days after deposit.
5. Deposit must be made before October 28, 2025.

Important things to know:

1. The bonus is non-withdrawable credit, usable only for trading.
2. Profits from trading with the bonus can be withdrawn without restrictions.
3. Bonus is converted to withdrawable cash through spread-based cashback (10% of spread turnover, in $5 increments).
4. The bonus expires 180 days after being credited if not fully redeemed.
5. Clients will receive a 7-day reminder by email before expiration.
6. If a client withdraws or transfers funds before full redemption, the remaining bonus is forfeited.
7. Bonus can only be claimed once per account per currency.
8. Multiple account abuse is not allowed and may lead to bonus cancellation and account termination.

This deposit bonus is no longer available. Please check out no deposit bonus forex 2026 to find the most profitable promotion to kick start your forex trading.