Trading bonus definition: a trading bonus means an added value to the balance of your account for fx currency trading or trading any other asset, that allows you to use more funds that you have deposited. Trading bonuses can be given in several forms: when you made a minimum deposit that is required to get a bonus, you get additional value to your crypto trading account; there are bonuses that are added every time you deposit money; there are bonuses that are added after you make a turnaround for a particular sum, and so on.
It is up to the Company whether to give you a bonus or not. In cases of doubt, or when additional information is needed, the company may request you to provide the needed information in order to give a bonus.
Warning: please note that any trading bonus gives you extra value and extra trading leverage. Leverage is one trading tool. It helps you to earn good money if you know how to trade, but if you make a mistake, you can lose good money, as well. Crypto trading is risky, and you need to be aware of this. Acquire the needed knowledge for Crypto trading, then, you will be able to trade with profit.
Scope of Trading Bonus: a trading bonus on the first deposit is usually given by the Company to attract new clients and to encourage them to make their first deposit. Beside the bonus on the first deposit, there are more kinds of bonuses, and their main target is to attract customers.
Types of Trading Bonuses There are some options for a trader if he wants to increase the balance of his account.
- – Bonus for the first deposit. This bonus is given after the first deposit is made, if the stated sum was deposited.
- – Broker bonus. This bonus is given before significant events that influence the market, for example, that cause a volatility increase in the market. This bonus is usually given to provide traders with an additional opportunity during an important period.
- – No Deposit Bonus, or Rebate Bonus. This bonus is given to the holders of VIP accounts, so, it is not available for all traders. The sum of the bonus depends on the trading volume of the broker: the higher the volume is, the higher the bonus. A rebate bonus is usually given every month. This is a way for the company to return a trader a part of the money that he had invested.
- – “Risk free trade”. This is not monetary bonus, but still, it is a bonus. This bonus is offered by the company at its own discretion.
Moreover, when a trader deposits money with some methods, bonuses can be offered, as well. For example, if a trader deposits money by wire transfer, or an electronic system, he can be offered a bonus. These bonuses are subject to change as often as the company believes is needed, so, before making a deposit with a certain method, for which you got a bonus once, please check carefully if the conditions for that depositing method haven’t changed.
IT IS NOT MANDATORY TO ACCEPT ANY BONUS. BEFORE ACCEPTING ANY BONUS, PLEASE MAKE SURE YOU HAVE READ AND UNDERSTAND ALL TERMS AND CONDITIONS. BEFORE YOU ARE ABLE TO MAKE ANY WITHDRAWAL, YOU HAVE TO MAKE A TURNAROUND, THAT IS SPECIFIED FOR ANY BONUS. WHEN YOU ACCEPT ANY BONUS, YOU AGREE TO TERMS AND CONDITIONS GIVEN BELOW.
ALL BONUS INSERTIONS ARE FINAL AND IRREVERSIBLE.
Before accepting any bonus, special offer, trade refund, please read carefully and make sure you understand completely all information provided below.
Bonuses and all benefits are credited to the account of a client if the client complies with all the terms based on which the bonus/benefit offer has been made. Such terms can be the minimum deposit, a minimum turnaround during a specified period, purchasing a particular number of options during particular time, and so on.
The trading requirement for withdrawal is the sum of total bonuses multiplied by 40 and the sum of total deposits multiplied by 100 before funds are available to be converted into real capital. The Bonus Agreement includes all future acceptance of additional bonuses that the client might be offered. In such cases, additional signing will not be required.
The clients are welcomed and recommended to participate in all possible offers of the Company, but without trying to abuse them or perform manipulative actions. Abusing or manipulation will lead to immediate cancellation of any offer and the closure of the client`s account. The Company reserves the right to make, at its own discretion, the decision about the above-mentioned abuse or manipulation and the closure of the customer`s account. The decision of the Company is final.
Customers are required to use the offers and the bonuses within the period indicated for each offer and bonus.
The Company reserves the right to revoke and change any conditions of any offers and bonuses at any time, about which a notification will be published in the website.
By accepting any offer or bonus, you automatically agree to all terms and conditions under which the offer or the bonus is provided.
If the client accepts a bonus or a special offer, accepts all conditions and requirements and still sends a withdrawal request, even though the conditions aren’t met, then, such a case is directed to a special committee, which will make a decision about each separate case in accordance with the unique circumstances of each client. The withdrawal request may be approved, but the client is subject to a penalty fee for non-compliance with the bonus or the special offer conditions.
The fee amount may not exceed 30% of the remaining trade volume ratio applied to the balance (trading benefits are deducted in such case). The exact sum will be determined by the special committee based on the unique situation of the client and will be considered based on the following:
- the required turnover for the bonus or the special offer;
- the available costs;
- timeframe for trading;
For illustration purposes please see the below explanation and calculation: Assuming that the Client deposited €1,000 as the Refundable Amount on date 1 January 2015. The Client placed a trade of €300 on date 1 February 2015, a trade of €200 on date 1 March 2015, and a trade of €500 on date 1 June 2015. The date 1 June 2015 is considered to be the Determined Date since at that date the Client had placed trades with all of the Refundable Amount of €1,000. Assuming that at the Determined Date the Client is in loss of €500 (out of his €1,000 Refundable Amount), then the Client will be eligible to receive a refund of €500 in the form as described in the Agreement and that amount will be subject to the minimum trading volume prior to withdrawal. Assuming that at the Determined Date the Client is in profit of €500, then it is obvious that the Client will not be entitled to receive refund in the form of Reimbursement, since the Client did not suffer any loss of the Refundable Amount.
First, the client gets a notification about the Handling Fee calculation. It looks as follows: total deposit sum (without the bonus) minus profit and losses (here the company includes losses even from those positions that haven’t expired yet, the so-called assessed losses). Payment of the Handling Fee is mandatory for breaching of Bonus agreement.
Important: GoldenMarkets DOES NOT RECOMMEND YOU TAKE ANY BONUSES OR SPECIAL OFFERS IF YOU DO NOT KNOW HOW TO WORK WITH LEVERAGE FOR YOUR ADVANTAGE