Bonus funds may be transferred to balance and withdrawn from the account. To do so, a client needs to conduct at least 50 trades with the total volume of at least 30% of the bonus amount. The calculation examples can be found in the table below:
Deposit | Bonus amount (%) | Bonus amount ($) | 30% lots of the bonus amount* |
---|---|---|---|
% | $ | ||
% | $ | ||
% | $ |
Attention: If your account balance is negative after you close an order/some orders, you can contact our technical support team for correcting the account balance.
This bonus is not tradable. It means the bonus can be used as an additional margin to open more positions but cannot be used to recover a drawdown. It will be deducted if Stop Out occurs, the account balance turns negative, or no positions are opened in the account.
A part of a trading result which was earned by use of bonus funds shall be cancelled. An insufficient trading activity in the account, such as execution of a single high-volume trade or several trades of lower volume conducted at the same rate and at nearly the same time, which represents a subdivision of a big trade into smaller ones, may serve as the reason for revising the results. As a rule, there is no sufficient trading history in such accounts. In case of detecting such trades, the Company may cancel the bonus at any time and without preliminary notice.
Also, the company has a right to have the following expenses reimbursed:
* When calculating the total volume of closed transactions, it must be noted that:
If a trading asset's one point cost differs from the EURUSD's one point cost, the volumes traded in such assets will be converted to EURUSD volumes. For example, one point cost per 1 lot in EURUSD is $1. One point cost per 1 lot in EURCHF is $ As a result, the EURCHF trading volume will be multiplied by It means 1 lot traded in EURCHF will be considered as lots. Exception: to calculate the real volume in BTCUSD, the following formula is used: volume × , / price_btcusd. The following formula is applied when calculating the cryptocurrency real trade volume: volume × contract size / , × market price.
The volume is times more for Cent accounts.
When adding the bonus funds to the account balance, only the trades conducted by use of the Client’s own funds will be considered (with deduction of credit funds).
When calculating the total volume of closed transactions, we do not consider:
deleted and cancelled pending orders;
trades contradicting item of the "Client Agreement";
fully or partially hedged positions (only a hedged position will be considered; a hedging position will be ignored);
trades with a duration less than seconds;
positions that have yielded less than 30 pips of profit/loss (the last two figures to the right of a decimal point in a quote);
trades conducted in the account before a receipt of bonus funds;
trades are taken into consideration for transferring another bonus to balance.
Legal: AVFX Technology (SV) Limited is incorporated in St. Vincent & the Grenadines as an International Business Company with the registration number IBC The objects of the Company are all subject matters not forbidden by International Business Companies (Amendment and Consolidation) Act, Chapter of the Revised Laws of Saint Vincent and Grenadines, , in particular but not exclusively all commercial, financial, lending, borrowing, trading, service activities and the participation in other enterprises as well as to provide brokerage, training and managed account services in currencies, commodities, indexes, CFDs and leveraged financial instruments.
Risk Warning: Trading leveraged products such as CFD and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary seek independent advice. Please read the full Risk Disclosure.
Regional Restrictions: AVFX Technology (SV) Limited does not provide services to residents of the USA, Canada, Sudan, Syria, North Korea, Iran.
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