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Account Bonus Issues

Faqih October 10, 2018 Broker: GRAND CAPITAL 42
If the $500 bonus decreases after 5 days and the bonus is closed, will the reduced amount of the bonus account balance be charged to the trader as a debt? Or will nothing be charged as it is a bonus?
Thank you.
Replies:3

Replies

Trader Discussion

3 Comment
Grand Capital October 10, 2018 Neutral
Bonus funds are not charged as debt to customers and can be used to the fullest extent.
Faqih October 11, 2018 Neutral
So it doesn't matter if something undesirable happens, for example from $500 only $200 is left due to a loss. Isn't the trader required to pay the $300 that is lost? Isn't it true that when the duration expires, the balance will be deducted by $500? If there is no profit, does the balance just change to zero, not become negative when the duration expires?
Grand Capital October 12, 2018 Neutral
Losses incurred from using bonus funds do not burden the customer, because if the funds reach 0, the account is automatically reset and trading is complete.

Therefore, you don't need to worry when trading the $500 bonus account.

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