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ForexChief Welcome Bonus up to $500

Welcome Bonus - a bonus which is equal to 100% of the first deposit, but does not
exceed $500. It is credited automatically and does not require personal documents
verification. The Profit can be withdrawn without any limitations, and the bonus itself
can be withdrawn after required trading turnover completed.

Welcome Bonus Advantages

1. There is no need to upload personal documents and wait for data verification.
2. The bonus is credited automatically upon the first deposit.
3. The maximum Bonus is equal to $500.
4. The Bonus can be withdrawn after performing the required turnover. The Profit can be
withdrawn without restrictions.
5. Trading robots and any strategies are allowed, including scalping and arbitrage.
6. Welcome Bonus has unlimited duration.

How to get the Welcome Bonus

1. Sign up and open standard trading account
2. Choose “Enroll Welcome Bonus” on the replenishment form
3. Complete operation and make sure the bonus is credited to account
4. Complete the required turnover and withdraw the bonus and all profit

Terms and Conditions

1. To credit a Welcome Bonus, it is required to Open a Live Account MT4.DirectFX,
MT4.Classic+, MT5.DirectFX or MT5.Classic+. Please note, "cent" accounts are not
allowed. Welcome Bonus can be credited only to standard account.
2. Welcome Bonus can be obtained only once with the first deposit of at least $50.
For this purpose, check “Enroll Welcome Bonus” option on the replenishment

3. Bonus amount is equal to 100% of the deposit sum, but cannot exceed $500 (or
equivalent in the account currency).
4. The Profit can be withdrawn at any time, but the Welcome Bonus can be
withdrawn only after the required trading turnover is achieved. The required
trading turnover can be calculated upon the formula: Required Turnover =
Welcome Bonus in USD * 50,000.
The trader made a deposit $200 and received welcome bonus $200. Required Turnover =
200 * 50,000 = $10,000,000 (which is equivalent to 44 lots of EURUSD in MetaTrader)
5. Trading turnover is calculated as a total turnover of all deals for opening and
closing positions.
BUY 1 lot EURUSD (1 lot = 100,000 EUR) position opened at a price of 1.1257 and closed at
1.1283. Trading turnover = (100,000 * 1.1257) + (100,000 * 1.1283) = 225,400 USD
SELL 5 lot USDJPY (1 lot = 100,000 USD) position opened at a price of 109.806 and closed
at 109.352. Trading turnover = (500,000 * 1) + (500,000 * 1) = 1,000,000 USD
BUY 3.5 lot GBPUSD (1 lot = 100,000 GBP) position opened at a price of 1.2978 and closed
at 1.2985. Trading turnover = (350,000 * 1.2978) + (350,000 * 1.2985) = 908,705 USD
6. Welcome Bonus can't be used in a "drawdown" situation and will be
automatically cancelled if Equity becomes equal or less Credit. Once the credit is
canceled, all positions are closed forcibly (Stop Out).
Balance: 500 USD Equity: 1006.17 Margin: 27.91 Free margin: 978.26 Margin level: 3605.31%
The trader made a deposit $500 and received welcome bonus $500. In case the Equity goes down to $500 (value in the Credit field), Welcome Bonus will be automatically cancelled, and all positions will be closed forcibly (Stop Out).
7. In case of active Welcome Bonus on the account, the sum of funds available for
withdrawal will be limited and calculated upon the formula: Available for withdrawal = Free Margin - Welcome Bonus - Refill amount for which Welcome Bonus has been given.
8. To remove the withdrawal restrictions, the client is entitled to decline the
Welcome Bonus in the Personal Area at any time. In that case, only the Bonus
amount will be written off.
9. You can find the details on the Welcome Bonus in the Personal Area, including
the Required and Current Turnover.

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