How can I get IronFX's 20% Deposit Bonus on my MT4 or MT5 accounts?

The 20% Deposit Bonus at IronFX—often referred to as the 20% Iron Bonus—is a trading credit that matches 20% of a qualifying deposit on eligible live accounts. It increases equity and usable margin in your Forex trading on MT4 and MT5. It is not withdrawable and is removed before any withdrawal or internal transfer is paid out.

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What the 20% Deposit Bonus Is (and why it matters)

• Bonus type: A trading credit equal to 20% of each qualifying deposit up to a client-level cap.
• Purpose: To expand margin headroom so you can size trades more efficiently or buffer temporary drawdowns without changing your account’s pricing structure (spreads, commissions, swaps).
• Cash status: It does not convert to cash. On every withdrawal or internal transfer, the platform removes the credit first and pays or moves cash only (your deposits plus realized profits).

Because the credit adds to equity, it can keep your Forex strategy running during volatile phases. But remember: it is margin support, not money you can take out.

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Who Can Get It: Eligibility at a Glance

• Live account required: You need a live MT4 or MT5 account that is eligible for promotions.
• Account profile: Promotions are offered on non-STP/ECN profiles. If you pick a profile outside that scope, the 20% credit will not be applied.
• Verification (KYC): A verified profile ensures smooth funding and bonus application.
• Promotion exclusivity: Promotions are not stacked on a single trading account. If another offer already applies on that account, open a separate eligible account for the 20% Deposit Bonus.
• Client-level cap: The 20% match is limited by a client cap. Once the cap is reached, additional deposits won’t earn extra 20% credit until you are back under the limit.

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Step-by-Step: How to Get IronFX’s 20% Deposit Bonus

Step 1 — Open an eligible live MT4 or MT5 account

Create a live account that supports promotions. If you have multiple strategies, consider opening a dedicated bonus account for the 20% credit and keeping another account without a promotion for flexible cash flows.

Step 2 — Complete verification in the client area

Finish personal details and ID checks. A verified profile ensures deposits, withdrawals, and bonus actions are processed without friction.

Step 3 — Choose your platform and instruments

Install MT4 or MT5 and connect your eligible account. The 20% credit doesn’t change instrument pricing. You continue to trade Forex pairs and other supported CFDs with the account’s normal spreads, commissions, and swaps.

Step 4 — Make a qualifying deposit to the eligible account

Fund the account you intend to use with the 20% credit. The bonus calculation uses the net qualifying deposit. If you plan multiple deposits, the credit will apply to each qualifying deposit until you reach the client cap.

Step 5 — Claim the 20% Deposit Bonus in the client portal

Promotions are claimed on the funded account. The credit appears as a bonus/credit line alongside your cash balance once the claim is completed. Treat it as equity support for your trades.

Step 6 — Trade with bonus-boosted margin on MT4/MT5

Once the credit appears, your equity = cash + bonus. This can help with position sizing, buffering volatility around news or sessions, and maintaining exposure during temporary pullbacks. The credit is not cash and will not be paid out. It exists solely to support margin while you trade.

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How the 20% Credit Behaves When You Withdraw or Transfer

• Withdrawals: When you submit a withdrawal, the platform removes the 20% credit first, then pays out cash only (deposits + realized profits).
• Internal transfers: Moving funds to another account also triggers bonus removal first. Only cash moves. The destination account does not inherit the old credit.
• Open positions: Because bonus removal reduces equity, free margin can tighten. If your exposure is high, you may choose to close or resize trades before a withdrawal so the equity drop doesn’t push the account toward maintenance levels.

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Practical Workflow If You Withdraw Frequently

• Account A — Bonus account: Use this account for the 20% Deposit Bonus. Fund, claim, and trade when you want extra margin headroom.
• Account B — No-promotion account: Use this for quick liquidity. When you withdraw from Account A, the credit is removed first and only cash pays out. If you want to hold cash outside the bonus logic, send the payout to your funding source and, if needed, fund Account B later.
• Benefit: This structure reduces the number of times you cycle the credit and lowers the chance of margin compression at payout time.

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Common Mistakes That Block or Strip the 20% Credit

• Trading before claiming: You deposit and immediately open trades but haven’t claimed the 20% credit. That deposit may not be tagged for the bonus on that account.
• Using an ineligible account type: If you choose an STP/ECN profile that isn’t covered by deposit promotions, the 20% match won’t apply.
• Trying to stack promotions on one account: Promotions are not combined on a single account. If another offer is active, create a separate eligible account for the 20% credit.
• Relying on the bonus for withdrawals: The credit is not cash. It will be removed before any withdrawal or internal transfer. If your balance is close to the credit amount, the post-removal cash may be limited.
• Internal transfers from the bonus account during open exposure: Transfers strip the credit first. If you move money out while holding large positions, free margin can drop quickly.

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Worked Examples of the 20% Credit in Action

Example A — Strong profit, partial withdrawal

• Deposit: $10,000
• 20% credit: $2,000
• After trading: $15,000 balance (includes your cash and profits; bonus still shows as credit)
• You request to withdraw $8,000
• Credit removed first: $2,000 is deleted
• Cash available after removal: $13,000
• Payout: $8,000 goes to you
• Remaining cash in account: $5,000 (no bonus credit after payout)

Lesson: The 20% credit never pays out. It is always deleted first.

Example B — Small gain, full withdrawal attempt

• Deposit: $2,000
• 20% credit: $400
• After trading: $2,200 balance
• You request $2,200
• Credit removed first: $400 deleted
• Cash available: $1,800
• Payout: $1,800 is paid; remaining cash is $0; no bonus credit remains

Lesson: You cannot withdraw the credit. Requested payouts are limited to your cash after bonus removal.

Example C — Balance near bonus value after losses

• Deposit: $1,000
• 20% credit: $200
• After losses: $1,050 balance
• You request $1,050
• Credit removed first: $200 deleted
• Cash available: $850
• Payout: $850
• Remaining cash: $0; no credit remains

Lesson: When the balance sits close to the bonus figure, deleting the credit can leave little or no cash to withdraw.

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Keeping the Bonus: Conduct & Structural Rules That Matter

• Good-faith trading: The bonus is built for genuine trading in your own account. Patterns designed to extract credit indirectly—such as circular hedging between accounts—can lead to bonus cancellation and removal of associated gains.
• Promotion exclusivity: Do not try to run multiple deposit offers on the same account. Use separate accounts for different promotions.
• Account ownership and funding name: Funding and payout flows generally need to match the account holder name. Expect return-to-source rules to apply when you withdraw.

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How the 20% Bonus Compares to Other IronFX Promotions

• 100% Sharing Bonus — matches eligible deposits at 100%, non-withdrawable, removed first at payout/transfer.
• 40% Power Bonus — a larger-cap margin booster at 40% on eligible deposits, non-withdrawable, removed first at payout/transfer.
• 20% Iron Bonus — a 20% match, non-withdrawable, removed first at payout/transfer.

Each promotion is account-specific. Choose the one that fits your plan for that account and keep other offers on separate accounts. All of them follow the same core withdrawal behavior: credit is deleted first; cash only pays.

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Funding & Withdrawal Notes That Align With Bonus Rules

• Funding path: Deposit to the same eligible account you want to credit. If you intend to route money to another account later, expect the credit to be removed before any transfer.
• Withdrawals: Use the client area to request the payout. The platform will delete the credit first, then pay the cash amount that remains.
• Free margin consideration: If you hold open positions, the removal of credit plus the payout can drop equity quickly. Time withdrawals when your exposure is light or closed.
• Re-earning credit: If you later deposit again to the bonus account (and remain under the cap), the 20% credit can be granted on that new qualifying deposit.

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A Simple Checklist: Getting the 20% Bonus Without Hiccups

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Frequently Asked Questions

Is the 20% Deposit Bonus paid out as cash?

No. It is non-withdrawable trading credit. On every withdrawal or internal transfer, it is deleted first; only cash (deposits + realized profits) is paid or moved.

Can I take profits while the bonus is active?

Yes. Profits are withdrawable. When you request a payout, the credit is deleted first and the cash portion is paid.

Does the bonus move with an internal transfer?

No. Internal transfers remove the credit from the source account first. Only cash is transferred. If you want credit on the destination account, fund it with a new qualifying deposit and claim that account’s promotion.

Which accounts can hold the 20% credit?

Eligible non-STP/ECN account types. Promotions are not intended for STP/ECN profiles.

What happens if my balance is close to the bonus amount?

When the bonus is removed at payout or transfer time, the remaining cash may be small. Only that cash amount can be withdrawn or moved.

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Smart Setup Tips for Forex Traders on MT4 & MT5

• Segment strategy and cash flow: Keep the 20% bonus on a dedicated account where you want margin headroom. Maintain another account without a promotion for swift liquidity and simpler payouts.
• Batch actions: If you plan to withdraw often, consider batching to avoid cycling the credit repeatedly.
• Mind session timing: If you expect volatility, adjust withdrawals and transfers so credit removal doesn’t collide with a high-risk window.
• Size with discipline: Treat the 20% as temporary margin support. Position sizing and risk limits should remain grounded in your cash baseline, not in a boosted equity number you cannot withdraw.

• The 20% Deposit Bonus at IronFX is a trading credit that matches eligible deposits by 20% on MT4/MT5 accounts that support promotions.
• It increases equity and free margin; it is not cash and not withdrawable.
• On every withdrawal or any internal transfer, the platform removes the credit first and then pays or moves cash only.
• Promotions are not stackable on one account. If you want to try a different offer in parallel, open a separate eligible account.
• Plan funding and payouts with this logic in mind. Trade with the margin boost; cash out knowing credit is deleted first and only deposits + realized profits pay.

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