ForexChief $500 Welcome Bonus – a bonus which is equal to 100% of the first deposit, but does not exceed $500. It is credited automatically and does not require personal documents verification. At ForexChief, The Profit can be withdrawn without any limitations, and the bonus itself can be withdrawn after required trading turnover completed.
- There is no need to upload personal documents and wait for data verification.
- The bonus is credited automatically upon the first deposit.
- The maximum Bonus is equal to $500.
- The Bonus can be withdrawn after performing the required turnover. The Profit can be withdrawn without restrictions.
- Trading robots and any strategies are allowed, including scalping and arbitrage.
- Welcome Bonus has unlimited duration.
ForexChief Bonus Terms & Conditions
- To credit a Welcome Bonus, it is required to Open a Live Account MT4.DirectFX, MT4.Classic+, MT5.DirectFX or MT5.Classic+. Please note, “cent” accounts are not allowed. Welcome Bonus can be credited only to standard account.
- Welcome Bonus can be obtained only once with the first deposit of at least $50. For this purpose, check “Enroll Welcome Bonus” option on the replenishment form.
- Bonus amount is equal to 100% of the deposit sum, but can not exceed $500 (or equivalent in the account currency).
- The Profit can be withdrawn at any time, but the Welcome Bonus can be withdrawn only after the required trading turnover is achieved.
- Trading turnover is calculated as a total turnover of all deals for opening and closing positions.
- Welcome Bonus can’t be used in a “drawdown” situation and will be automatically cancelled if Equity becomes equal or less Credit. Once the credit is canceled, all positions are closed forcibly (Stop Out).
- In case of active Welcome Bonus on the account, the sum of funds available for withdrawal will be limited and calculated upon the formula: Available for withdrawal = Free Margin – Welcome Bonus – Refill amount for which Welcome Bonus has been given.
- To remove the withdrawal restrictions, the client is entitled to decline the Welcome Bonus in the Personal Area at any time. In that case, only the Bonus amount will be written off.