Seize Profitable Opportunities with the $500 Welcome Bonus from ForexChief

We’re excited to share a special offer for new traders – a $500 welcome bonus to kickstart your trading journey with extra advantages. This bonus is designed to give you a significant boost, allowing you to explore the market without investing a lot of money upfront. Let’s dive into the details and make the most of this opportunity to achieve your financial goals in the world of currency trading.

Welcome Bonus Benefits

  1. Quick and Easy: Verification for the bonus is a breeze.
  2. Automatic Credit: The bonus is credited to your account when you make your first deposit.
  3. Up to $500: You can receive a maximum bonus of $500.
  4. Flexible Withdrawal: Withdraw your profit anytime without restrictions.
  5. Trade Your Way: All trading strategies and robots, including scalping and arbitrage, are allowed.
  6. No Rush: The Welcome Bonus has no time limit.

Link bonus: https://www.fcxchief.asia/services/promo/welcome-bonus/

How to Claim Your Welcome Bonus

  1. Sign up and open a standard trading account.
  2. Choose “Enroll Welcome Bonus” on the replenishment form.
  3. Complete the operation and check the bonus credited to your account.
  4. Fulfill the required turnover to withdraw the bonus and any profit.

Terms and Conditions

  • The Welcome Bonus of up to $500 is available for Classic+, DirectFX, or xPRIME accounts.
  • You can get the Welcome Bonus once with an initial deposit of at least $50.
  • The bonus is 100% of the deposit, capped at $500 (or equivalent in your account currency).
  • Profit withdrawal is unrestricted, but the Welcome Bonus can be withdrawn after achieving the required trading turnover.

Understanding Trading Turnover

The required trading turnover is calculated using this formula: Required Turnover = Welcome Bonus in USD * 50,000.

Example:

  • If a trader deposits $200 and gets a Welcome Bonus of $200, the required turnover is $10,000,000.

Trading turnover is the total value of all deals for opening and closing positions.

Managing the Welcome Bonus

  • The Welcome Bonus will be canceled if equity falls equal to or less than credit, closing all positions.
  • If there’s an active Welcome Bonus, the withdrawal amount is calculated as: Available for withdrawal = Free Margin – Welcome Bonus – Deposit amount for which Welcome Bonus has been given.
  • You can cancel the Welcome Bonus at any time in the Personal Area to remove withdrawal restrictions.

FAQs

Q: Can I use the Welcome Bonus in a “drawdown” situation? A: No, the Welcome Bonus is automatically canceled in a drawdown, and positions are forcibly closed.

Q: How can I check details about the Welcome Bonus? A: You can find information in the Personal Area, including required and current turnover.