Promotions FAQs
iFunds Support Team
Last Update 10 dagen geleden
What is a bonus promo code?
A bonus promo code is a redeemable promo code that offers an additional amount on top of your account's initial balance.
How can I redeem a bonus promo code?
You can redeem a bonus promo code only from your Trader Portal after completing the purchase of your account.
To redeem the bonus, follow these steps:
1- Login to your Trader Portal
2- Go to My Accounts
3- Select Active
4- Click on Promo Code button
5- Enter the bonus promo code
How does a bonus affect my Maximum Drawdown limit?
If you redeem a bonus promo code, your maximum drawdown will be recalculated based on the total money in that you received in your account including the bonus amount.
Example: If your starting balance is $10k with 10% Max DD, and you redeemed a $1000 bonus, your account's total money in will be $10,000 + $1000 = $11,000
Accordingly, your maximum drawdown will be $11,000 * 10% = $1,100.
Therefore, your disqualification equity level will be $11,000 - $1,100 = $9,900.
How many promo codes can I redeem per account?
You can redeem 1 promo code per account regardless of the type of the promo code.
How can I earn refer a friend bonus?
You can earn refer a friend bonus by inviting other clients to join iFunds using your unique invitation link that you can find on your Trader Portal dashboard.
As soon as your friend completes a purchase, you will both receive bonus promo codes that you can redeem from the trader portal and increase the balances of both your accounts.
Important: to be eligible for the bonus, both your friend and you must have active iFunds funded account.
How much is the refer a friend bonus?
The refer a friend bonus depends on the account size your friend purchases as explained in the following table.
| Friend's Account Plan | Your Bonus | Your Friend's Bonus |
|---|---|---|
| Intern | $100 | $100 |
| Starter | $150 | $150 |
| Ambitious | $200 | $200 |
| Pro | $250 | $250 |
| Expert | $300 | $300 |
| Master | $350 | $350 |
| Dubai | $400 | $400 |
| London | $450 | $450 |
| New York | $500 | $500 |
Can I withdraw the bonus amount?
No, the bonus amount is not withdrawable, it is intended to help you stay as far off the Maximum Drawdown limit as possible.
How does the cashback work?
The cashback is a non-withdrawable amount that you receive for every trade you close on your iFunds funded account. It is intended to help you stay as far as possible from the Max DD level.
Who's eligible for cashback?
Cashback is available for funded accounts of the Pro plan or higher ($25,000+).
How much is the cashback amount?
The cashback amount varies based on how many lots you close on your funded account as follows.
| Number of Lots | Cashback |
|---|---|
| 0.01-10 Lots | $0/Lot |
| 10.01-200 Lots | $5/Lot |
| 200+ Lotd | $10/Lot |