Are you a forex trader looking for a way to boost your trading capital? Look no further! In this comprehensive guide, we will explore the exciting world of the 100% Forex Welcome Bonus offered by xChief Ltd.
Direct Promotional Link $100 No-Deposit Bonus plus 100% Forex Withdraw-able Welcome Bonus
Whether you're new to forex trading or an experienced trader, this bonus can give you a significant advantage in the market.
What is the 100% Forex Welcome Bonus?
The 100% Forex Welcome Bonus is a generous offer provided by xChief Ltd to its clients. This bonus allows traders to receive an automatic credit equal to 100% of their initial deposit, up to $500. The best part? The bonus is withdrawable once you reach the required trading turnover. Moreover, any profits you make can be withdrawn at your leisure and without limitations.
Welcome Bonus Advantages
The 100% Forex Welcome Bonus comes with several advantages that make it an attractive choice for traders:
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Swift and Easy Verification: Getting verified as an xChief Ltd client is a breeze. This allows you to quickly access and enjoy the benefits of the Welcome Bonus.
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Automatic Bonus Credit: Once you make your first deposit, the Welcome Bonus is automatically credited to your account. No need to go through additional steps or wait for manual approval.
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Generous Bonus Amount: With the 100% Forex Welcome Bonus, you can receive up to $500 in bonus funds. This additional capital can significantly enhance your trading potential.
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Withdrawal Flexibility: Unlike some other bonuses in the market, the Welcome Bonus allows you to withdraw both the bonus and any profits you make after achieving the required turnover. You have complete control over your funds.
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Trading Freedom: With the Welcome Bonus, you have the freedom to utilize trading robots and implement any strategies, including scalping and arbitrage. There are no limitations on how you trade.
How to Get the Welcome Bonus
Getting the 100% Forex Welcome Bonus is a straightforward process. Just follow these simple steps:
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Sign up and open a standard trading account: If you're not already an xChief Ltd client, you'll need to sign up and open a standard trading account. This process is quick and easy, and you'll gain access to a range of trading features.
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Choose "Enroll Welcome Bonus" during deposit: When making your initial deposit, select the option to "Enroll Welcome Bonus" on the replenishment form. This ensures that you are eligible for the bonus.
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Complete the deposit and check the bonus: After completing the deposit, ensure that the Welcome Bonus is credited to your account. You can confirm this in your account dashboard or by contacting the xChief Ltd customer support team.
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Trade and achieve the required turnover: Start trading and aim to achieve the required turnover to make the Welcome Bonus and any profits withdrawable. The turnover is calculated using a specific formula based on the bonus amount.
Terms and Conditions
Before claiming the 100% Forex Welcome Bonus, it's important to familiarize yourself with the terms and conditions. Here are the key points to note:
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The Welcome Bonus is available only for specific account types, including Classic+, DirectFX, or xPRIME accounts.
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To be eligible for the Welcome Bonus, you must claim it during the initial deposit, which should be at least $50. Select the "Enroll Welcome Bonus" option on the replenishment form.
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The bonus amount is equal to 100% of your deposit, with a maximum limit of $500 (or its equivalent in the account currency).
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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 a formula provided by xChief Ltd.
Example:
Suppose you deposit $200 and receive a Welcome Bonus of $200. This would require a turnover of $10,000,000 (200 * 50,000), equivalent to 44 lots of EURUSD in MetaTrader.
- The trading turnover includes the total turnover of all deals for opening and closing positions. It is calculated based on the size and value of each trade.
Examples:
- Buying 1 lot of EURUSD at 1.1257 and closing it at 1.1283 would result in a trading turnover of (100,000 * 1.1257) + (100,000 * 1.1283) = 225,400 USD.
- Selling 5 lots of USDJPY at 109.806 and closing them at 109.352 would result in a trading turnover of (500,000 * 1) + (500,000 * 1) = 1,000,000 USD.
- Buying 3.5 lots of GBPUSD at 1.2978 and closing them at 1.2985 would result in a trading turnover of (350,000 * 1.2978) + (350,000 * 1.2985) = 908,705 USD.
- The Welcome Bonus cannot be used in a "drawdown" situation. If the equity falls equal to or below the credit, the bonus will be automatically cancelled, and all positions will be forcibly closed.
Example:
If a trader deposits $500 and receives a Welcome Bonus of $500, and their equity drops to $500, the Welcome Bonus will be automatically cancelled, and all positions will be forcibly closed.
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If there is an active Welcome Bonus on the account, the sum of funds available for withdrawal will be limited. The formula used to calculate the available funds is provided by xChief Ltd.
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To remove the withdrawal restrictions, you can cancel the Welcome Bonus in the Personal Area at any time. In this case, only the bonus amount will be deducted.
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Detailed information about the Welcome Bonus, including the required and current turnover, can be found in the Personal Area of your xChief Ltd account.
Conclusion
The 100% Forex Welcome Bonus offered by xChief Ltd is a fantastic opportunity for forex traders to boost their trading capital. With the ability to withdraw the bonus and any profits after achieving the required turnover, this bonus provides flexibility and freedom to traders. Remember to familiarize yourself with the terms and conditions before claiming the bonus and enjoy the benefits it offers. Happy trading!
Additional Information:
- xChief Ltd is a reputable forex brokerage firm that provides a range of trading services to clients worldwide.
- The 100% Forex Welcome Bonus is just one of the many promotions and bonuses offered by xChief Ltd. Be sure to check out their website for more exciting offers.
- If you have any questions or need assistance with the Welcome Bonus or any other trading-related queries, the xChief Ltd customer support team is available 24/7 to assist you.
- Keep in mind that trading forex and other financial instruments involves a level of risk. It's important to fully understand the risks associated with trading before getting started. Make sure to only invest funds that you can afford to lose.