Types of bonuses available and applicable account types
The importance of bonuses:
At FXLive Capital, we understand the value of enhancing your trading experience through special bonuses. Bonuses not only provide an extra boost to your capital, but also allow you to better explore and take advantage of market opportunities.
Available bonuses:
1. Deposit Bonus:
This bonus is automatically awarded when you make your first deposit into your trading account. With this bonus, you will receive 100% of the deposited amount as additional credit in your account. For example, if you deposit $100, you will receive $100 in bonus credit, giving you a total of $200 to trade with.
The accounts available for this bonus are the following: ECN CLASSIC, ECN VIP, ECN PRO, ZERO COMMISSION.
This bonus is available for MT4 and MT5 accounts.
After making your deposit, you will receive a confirmation email notifying you of the credit added to your account. This bonus allows you to start with greater investment capacity and explore new strategies in the market.
In your user account, for your convenience, there is an option that shows if the account has any bonuses. We attach an image that will be useful to you.
Conditions :
The bonus is withdrawable if you generate the required lots within 30 days.
Formula: Bonus amount / 5 = number of lots .
Example: If you receive a bonus of 1,000 USD, you will need to trade 200 lots in order to withdraw that bonus along with any profits you have made.
How does the bonus work on synthetic index accounts?
The bonus on synthetic index accounts works exclusively as additional leverage. This means that the bonus will increase your trading capacity within the account, but cannot be withdrawn. Here's how:
Example: If you deposit $100 into your synthetic index account, you will receive an additional $100, giving you a total of $200 to trade with. However, that additional $100 will only increase your available margin and cannot be withdrawn.
Summary :
- The 100% bonus is withdrawable only on Forex accounts (MT4 and MT5).
- In synthetic index accounts, the bonus serves only as additional leverage and is not withdrawn.
- If you trade Forex, you can double your balance and withdraw both the bonus and the profits, fulfilling the established conditions.