After previously offering a deposit bonus of 20%, FXOptimax is now releasing a new, more impressive promo. This broker providing various social trading platforms increases the deposit bonus rate to 50%. This update certainly provides greater potential prizes for you, FXOptimax clients. What are the full terms and conditions? And how to get it?
The 50% deposit bonus was released as a substitute for the 20% bonus and loyalty program with a prize of 5000 USD, which was previously active at the FXOptimax promotion. Unlike the general terms of deposit bonuses, this bonus applies to every deposit, not only when funding the first account.
The 50% deposit bonus is also open to all clients, not just those registered at FXOptimax. The bonus can also be withdrawn, and there is an option for the client to transfer it to the trading balance. The following is a list of general conditions for the FXOptimax 50% deposit bonus:
- You can claim 50% deposit bonus for one MT4 account. Ensure that the account is opened is a 4-digit or 5-digit Precision account type.
- To get this bonus, the minimum deposit requirement is 50 USD.
- This promo is valid for deposits after February 22, 2016.
- Bonus requests will be rejected if your free margin is less than the bonus amount.
- You can request to cancel the bonus at any time.
How to Join the Bonus Program
To be registered with the 50% deposit bonus program is very easy. You only need to follow these steps:
- Open a 4-Digit or 5-Digit Precision account at FXOptimax.
- Login to MyFXOptimax.
- Select the Account menu, then open "Claim Your Bonus".
- Click the "Select Bonus Program" column, then the bonus amount you want. Each bonus amount has a requirement for the deposit amount you have to pay, so adjust this choice according to your deposit capabilities.
- Click "Process".
- Wait until FXOptimax approves your bonus claim request. This process takes no more than 24 hours.
Is It Withdrawable?
While many brokers provide bonuses only as trading credits that serve as a margin cushion, FXOptimax allows the entire balance (and the bonus) to be withdrawn at any time. Withdrawal conditions depend on the amount of equity which cannot be less than 2x the bonus amount after you withdraw your balance.
To be able to transfer the bonus to your trading balance, there are trading volume conditions that must be met first. The more bonus amount you want, the bigger the lot requirement. For example, if you choose a bonus of 25 USD, then the deposit amount is 50 USD, and you need to trade 12.5 lots first to be able to transfer the 25 USD prize to the trading balance. The following is an image that explains bonus details, minimum deposit requirements, and trading volume conditions for the 50% bonus at FXOptimax: