Filed Under:  Forex Rebate

Forex Chief | Turnover Bonuses (03.06.21)

3rd February 2021   ·   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.

Forex Chief

Bonus link: Turnover Bonuses From Forex Chief

Dates: December 31, 2021

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, USDBonus Rate
Up to 100,000,0003 USD per 1 million USD
100,000,000 to 500,000,0007 USD per 1 million USD
Over 500,000,00010 USD per 1 million USD

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

For example:

 CurrenciesOpen 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 109.806109.352(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Withdrawal: Bonuses credited to the trading account can be withdrawn at any time without restrictions.

Bonus Terms and Conditions: General Terms and Conditions apply.

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Tags:  Forex Chief, Forex Promotions, Forex rebate, Trading turnover, Turnover Bonuses, Withdrawable Bonus

By fxvnpro

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