Filed Under:  Forex Rebate

ForexChief | Turnover Bonuses

26th June 2020   ·   0 Comments

“Bonuses” allow active traders to earn additional income in the form of weekly rewards for trading turnover.

By the end of each week, weekly trading turnover is calculated, and the appropriate bonus is credited to the trading account.

Bonus link: Turnover Bonuses From Forex Chief

Dates: December 31, 2020

Available to: New Clients

Bonus information:

  • The bonus amount is calculated based on orders closed during the target week: Monday 00:00:01 – Friday 23:59:59 (server time).
  • The greater the weekly trading turnover, the higher the ultimate net bonus rate:

Trading turnover, USD

Bonus Rate

Up to 100,000,000 3 USD per 1 million USD
100,000,000 to 500,000,000 7 USD per 1 million USD
Over 500,000,000 10 USD per 1 million USD

How to calculate trading turnover: 1 lot = 100,000 USD/EUR/GBP

For example:

 Currencies

Open Price

 Closing Price

 Trading turnover in USD

BUY 1 lot EURUSD  1.1257  1.1283 (100,000 * 1.1257) + (100,000 * 1.1283) = 225,400 USD
SELL 5 lot USDJPY  109.806 109.352 (500,000 * 1) + (500,000 * 1) = 1,000,000 USD
BUY  3.5 lot GBPUSD  1.2978  1.2985  (350,000 * 1.2978) + (350,000 * 1.2985) = 908,705 USD

Withdrawal: Yes, anytime (Read Terms and Conditions)

Bonus Terms and Conditions: General Terms and Conditions apply.

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