Stop Out Bonus
Stop Out Bonus
• Only the traders with all positions closed and a stopped-out account are eligible for this promotion.
• Promotion rules require depositing at least $100 in the account after the stop-out. Depositing more than $100 also gives eligibility.
• Traders who choose lot repayment or iPhone promotion are not eligible for this offer.
• Traders with an account in debit are not eligible for this offer.
• The maximum amount of bonus available for each participant is $4500.
• The amount of bonus earned acts as a reinforcement to raise the level of margin in the forex transactions, and cannot be withdrawn. However, the yield made by using the bonus can be withdrawn. In case of a stop-out, if the amount remaining in the account of a trader after the stop-out is equal to or less than the bonus they received, no withdrawal request may be made for the balance since it is equal to the bonus received. For instance, if a trader who deposits $1000 and receives a Welcome Bonus of $30 reaches the stop out level, and if their account's balance is $300 or below, this amount is deducted from the trader's account.
• The Stop-out Bonus is available exclusively for stop-out situations. It does not apply retrospectively.
• Simply contact Trading experts to sign up to the promotion.
• If a trader is found to engage in illegitimate activities or cheating, their Phase Forex account shall be terminated without any excuse and their transactions made using the bonus shall be declared null.
• Phase Forex reserves the right to change the rules of this promotional offer or terminate it altogether. It is the trader's responsibility to observe the updated rules of any promotional offer.
• Based on the company's criteria and policy, if a trader requests and approves withdrawal of an amount equal to the amount they traded, the amount of bonus defined to their account is deleted.