How to Trade with Broker's Bonus Money?

@ Memed:

According to the information on grandcapital, it is as follows:

$500 Welcome Bonus

1. General Provisions

1.1 The promotion is valid indefinitely, and the closure of the promotion will be announced separately.

1.2 The organizer of the promotion is Grand Capital.

1.3 The organizer has the right to change the terms of the promotion, the list and the nature of the bonuses.

1.4 The organizer has the right to cancel the promotion at any time.

2. Participants

2.1 The participants of the promotion are the company's clients, as well as new clients who open accounts during the period of the promotion.

2.2 To participate in the promotion, the phone number must be verified, and identity documents must be uploaded for identification.

2.3 Account types that can be included in the promotion: $500 Welcome bonus account with trading conditions similar to a Standard account.

2.4 The leverage on the account included in the bonus account should not exceed 1:100.

2.5 The promotion does not apply to employees of the organizer and their relatives.

2.6 Participants must study the terms and conditions of the promotion; without knowledge of the terms, complaints will not be accepted.

2.7 Accounts participating in the promotion cannot receive other promotions.

2.8 The participants of the promotion are individuals only.

2.9 Deposits, withdrawals, and internal transfers cannot be made in the promotional account.

3. How to apply for a bonus and the validity period of the bonus

3.1 To receive the bonus, clients must apply to participate in the promotion. On the promotion and bonus page, you must select the account number and click the get bonus button.

4. How to receive the bonus

4.1 The bonus is automatically credited to the account when all conditions for receiving the bonus are met.

4.2 The bonus is granted only once.

4.3 The validity period of the bonus in your account is 7 days.

4.4 If the validity period expires, the bonus is canceled.

4.5 After the $500 bonus funds are reduced, only the profit earned during 7 days of trading remains, and will be converted into a Standard or Micro type real account.

4.5.1 The account type depends on the amount of profit.

4.5.2 Profit from the promotion of $100 or more will be converted into a Standard type account.

4.5.3 Profit from the promotion of less than $100 will be converted into a Micro type account.

4.6 The leverage on the account included in the bonus account should not exceed 1:100.

4.7 The account cannot be involved in investment services, i.e. cannot act as a manager or investor.

4.8 To activate your real account, you must deposit an amount equal to or more than the profit you earned within 7 days, but not less than the minimum amount required for the first deposit.

4.9 If the client does not make a deposit, all profit will be deducted from the account.

4.10 Profit earned in the promotional account can be withdrawn after the client meets the trading volume in a real account, calculated as 1 lot ($5 profit in a Micro account).

4.10.1 The calculation considers FOREX MAJORS, FOREX EXT 1, FOREX EXT trading instrument types.

4.11 To transfer the profit resulting from the bonus as personal property, the client must submit an application. The application should state the title "$500 no-deposit bonus" - "Transfer funds to balance", trading account number, and full name. The application can be sent in any format by email or in the personal area.

4.12 Gradual withdrawals are not allowed.

4.13 It is not allowed to receive a bonus and/or trade using bonus funds with different bonus accounts using the same IP address.

4.14 Trading accounts that have received a bonus from the ongoing promotion are not allowed to trade using a proxy server. If more than 5 different IP addresses from different regions or countries are found, the account may be blocked, the bonus canceled, and the detection of forged or inaccurate documents may result in refusal of service.

4.15 Trading in the opposite direction (hedging) is not allowed using bonus funds. If the client violates this point, the company has the right to cancel the promotion and a portion of the profit generated from trading by offsetting personal funds for the profit earned in the promotional account.

4.16 Partner commissions are not provided for trading using the $500 promotion.

4.17 The promotional funds are the property of the company.

4.18 In trading, the funds used first are the client's personal funds.

4.19 In the process of withdrawing funds or internal transfers from the account before the trading volume is fulfilled, as indicated in point 4.10, the bonus will be immediately canceled.

5. Claims

5.1 Claims about the promotion can be sent by email to info@grandcapital.net

5.2 All claims about the promotion must contain: Full name, full address of the participant, account number, and a complete description of the claim.

So, it means that after our bonus trading method is correct and can generate profit, we still need to deposit and meet the current requirements, right, sir, in order for the bonus to be obtained in full?

Thanks, Mr. Martin

@ Memed:

Yes, it is in point 4.8, and it must also meet the lot size requirements (point 4.10). In addition, hedging is not allowed (point 4.15). Regarding the trading volume requirements that must be met (lot size requirements), you can ask your broker.

@ Teguh Prambudi:

Sorry, I personally don't know because I don't follow the developments of features from local brokers. Please check or ask directly with local brokers registered with Bappebti.