For those of you users of Micro and Standard account types, XtremeForex provides a 100% Credit bonus to help you trade. But what if you are a user of other account types such as ECN, ECN Pro and VIP?
XtremeForex forex offers a 30% Tradeable Bonus program for these accounts. Just like the 100% credit bonus program, in the 30% Tradeable Bonus program also has many requirements that must be met. Among them is the minimum deposit so that you can claim a bonus of $ 500 which can only be used to increase margin endurance and cannot be withdrawn.
Another disadvantage of the 30% Tradeable bonus program is that, if you are registered with XtremeForex through a partner / IB, you will not get a rebate / commission if you activate this bonus. Also keep in mind that because the bonus amount you received is calculated based on the percentage of the deposit, all withdrawals that result in a reduction in the deposit amount will also affect the bonus amount that you have received.
The bonus you receive varies depending on the range of your deposit amount, please check from the table below.
Terms and Mechanism of the Promotion:
- The bonus will be deposited in the relevant trading account when the deposit is added.
- The bonus will be added on every deposit made in the relevant account.
- The bonus is offered only on one trading account per client.
- The bonus can be used as Margin and Stop Loss.
- The maximum bonus that can be added is $7500.
- The maximum leverage on bonus account will be 1:400.
- The bonus added to the account can be lost.
- No IB/Partner commission is generated on the Bonus Account.
- Upon withdrawal request from the Bonus trading account bonus will be removed depending upon the amount of withdrawal. Bonus removal will be proportional to the amount of withdrawal.
- Bonus removal upon the withdrawal request will be automatic.
- The bonus amount added once to the trading account and is removed because of withdrawal or lost in trading cannot be claimed back and will count towards the maximum amount of $7500.
- One client can only have one wallet and one trading account to claim bonus.
- Hedging is not allowed.
- The profit is withdrawable when the required volume is completed within 30 day’s of receiving the bonus.
- Client needs to complete 10% Standard Lots of the amount of bonus received from the company.
- The requirement for the position is, Minimum difference between open and close price of the trade must be 2 pips and the time difference between open and close position must be minimum 2 min’s.
Read on this XtremeForex Promotion page for more detail.