Monaxa Offering 100% Credit Bonus for Trading Welcome
19 October 2024
Are you a Forex trader looking for an exciting opportunity to boost your trading capital? Look no further! At xChief Ltd, we are thrilled to introduce our 100% Forex Withdraw-able Welcome Bonus.
Direct Promotional Link $100 No-Deposit Bonus plus 100% Forex Withdraw-able Welcome Bonus
With this generous bonus, you can instantly double your initial deposit, up to $500. What's more, you have the freedom to withdraw both your profits and the bonus once you meet the required trading turnover. In this comprehensive guide, we will walk you through the advantages of our Welcome Bonus, how to claim it, and the terms and conditions associated with this promotion. So let's dive in and discover how you can make the most of this incredible opportunity!
Our 100% Forex Withdraw-able Welcome Bonus comes with a range of advantages that will enhance your trading experience. Let's take a closer look at what you can expect:
Swift and Easy Verification: We understand the importance of a seamless onboarding process. With xChief Ltd, you can get verified swiftly and with ease, ensuring a hassle-free start to your trading journey.
Automatic Bonus Crediting: Say goodbye to waiting! Your Welcome Bonus will be automatically credited to your account alongside your first deposit. This means you can start trading with the bonus right away, amplifying your potential profits.
Generous Bonus Amount: Enjoy a bonus of up to $500, giving you a significant boost to your trading capital. This bonus is valid for an unlimited duration, allowing you ample time to explore the markets and maximize your trading potential.
Withdrawable Bonus and Profits: Unlike many other promotions, our Welcome Bonus is fully withdrawable. Once you achieve the required trading turnover, you can withdraw both the bonus amount and any profits you have made without any limitations.
Flexibility in Trading Strategies: At xChief Ltd, we believe in empowering our traders. With our Welcome Bonus, you have the freedom to utilize trading robots and implement any trading strategies, including scalping and arbitrage. Trade with confidence and explore various approaches to achieve your financial goals.
Claiming your 100% Forex Withdraw-able Welcome Bonus is a simple and straightforward process. Follow these steps to get started:
Sign up and Open a Standard Trading Account: If you haven't already, sign up for an account with xChief Ltd. Once registered, open a standard trading account to be eligible for the Welcome Bonus.
Choose "Enroll Welcome Bonus" during Replenishment: When making your first deposit, select the option "Enroll Welcome Bonus" on the replenishment form. This will ensure that your bonus is automatically credited to your account.
Complete the Operation and Verify Bonus Crediting: After completing the deposit, verify that the Welcome Bonus has been credited to your account. Double-check the bonus amount to ensure it matches your deposit.
Withdraw Profits and Bonus: Once you have achieved the required trading turnover, you can withdraw both your profits and the Welcome Bonus from your account. Enjoy the flexibility of accessing your funds at any time, without any limitations.
To ensure a fair and transparent promotion, it is important to familiarize yourself with the terms and conditions associated with the 100% Forex Withdraw-able Welcome Bonus. Here are the key points to note:
Eligible Account Types: The Welcome Bonus is available only for the following account types: Classic+, DirectFX, or xPRIME. Ensure that you have one of these account types to qualify for the bonus.
Claiming the Bonus: To claim the Welcome Bonus, you must do so during the initial deposit. The minimum deposit required to be eligible for the bonus is $50. Select the "Enroll Welcome Bonus" option on the replenishment form to ensure your bonus is credited.
Bonus Amount: The Welcome Bonus is equal to 100% of the deposit sum, up to a maximum of $500 or its equivalent in the account currency. Take advantage of this generous bonus offer to boost your trading capital significantly.
Required Trading Turnover: While profits can be withdrawn at any time, the Welcome Bonus can only be withdrawn after meeting the required trading turnover. The turnover is calculated using the formula: Required Turnover = Welcome Bonus in USD * 50,000. Let's look at an example to understand this better.
If a trader deposits $200 and receives a Welcome Bonus of $200, the required turnover would be $10,000,000 (200 * 50,000). This is equivalent to 44 lots of EURUSD in MetaTrader.
Example 1: A trader opens and closes a position of 1 lot of EURUSD. The position is opened at a price of 1.1257 and closed at 1.1283. The trading turnover for this transaction would be calculated as follows: (100,000 * 1.1257) + (100,000 * 1.1283) = 225,400 USD.
Example 2: A trader opens and closes a position of 5 lots of USDJPY. The position is opened at a price of 109.806 and closed at 109.352. The trading turnover for this transaction would be calculated as follows: (500,000 * 1) + (500,000 * 1) = 1,000,000 USD.
Example 3: A trader opens and closes a position of 3.5 lots of GBPUSD. The position is opened at a price of 1.2978 and closed at 1.2985. The trading turnover for this transaction would be calculated as follows: (350,000 * 1.2978) + (350,000 * 1.2985) = 908,705 USD.
A trader deposits $500 and receives a Welcome Bonus of $500. If the equity drops down to $500 (equal to the credit amount), the Welcome Bonus will be automatically canceled, and all positions will be forcibly closed (stop out).
Withdrawal Restrictions: If you have an active Welcome Bonus on your account, the sum of funds available for withdrawal will be limited. It will be calculated using the formula: Available for withdrawal = Free Margin - Welcome Bonus - Deposit amount for which Welcome Bonus has been given. This restriction can be removed by canceling the Welcome Bonus in the Personal Area.
Canceling the Welcome Bonus: To remove the withdrawal restrictions, you have the option to cancel the Welcome Bonus in the Personal Area. In this case, only the bonus amount will be deducted, and you will regain full control over your funds.
Detailed Information in Personal Area: For comprehensive information about the Welcome Bonus, including the required and current turnover, log in to your Personal Area. Stay informed about your progress and ensure you meet the trading turnover requirements to enjoy the full benefits of the promotion.
The 100% Forex Withdraw-able Welcome Bonus from xChief Ltd is an incredible opportunity for Forex traders to supercharge their trading capital and maximize their potential profits. With a range of advantages, including automatic bonus crediting, generous bonus amounts, and the freedom to withdraw both profits and the bonus, this promotion is designed to enhance your trading experience. Make sure to familiarize yourself with the terms and conditions to ensure a smooth and rewarding journey. Sign up with xChief Ltd today and claim your Welcome Bonus to embark on an exciting and profitable trading adventure!
Remember, trading with complex financial instruments involves a high level of risk, and you should only invest funds that you can afford to lose. Before engaging in any trading activity, ensure that you fully understand the risks involved. At xChief Ltd, we prioritize the safety of our clients' funds and provide a regulated and secure trading environment. For any questions or assistance, our 24/7 customer support is always here to help. Join us today and experience the world of Forex trading with xChief Ltd!
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