Bonus $123” promotion conditions is as follows :
- 1. Open account “Bonus 123”. After the site has opened click $123 gifted for a start and fill the requirements to register, then a bonus in the amount of 123 USD will be credited to the account automatically;
- Bonus funds are available for trading within 7 calendar days after the account opening;
- Once 7 days after the bonus crediting pass, bonus and profit are deducted from the account, account balance becoming 0 in MetaTrader 4. Bonus account becomes an “Unlimited” account. Profit is fixed and recorded only on the promotion page in the Personal area. Profit received on the bonus funds cannot be used in trading;
- Profit received on the bonus funds is withdrawable after the required lots are traded. Profit can be withdrawn every month in parts, in proportions according to the lots traded within the previous month. Profit available for withdrawal is calculated according to the formula:number of traded lots * 3 (1 lot on a “Cent” account = 0.01 standard lot). Time period for lots trading is unlimited.Calculations for withdrawable profit amount are based on the orders executed:
- on the bonus account after the bonus deactivation,
- on other client’s accounts since the moment of bonus crediting.
- Profit becomes available for transfer to a client’s account on the 1st of each month. To get the profit, it is necessary to go to the promotion page in the Personal area and choose a trading account where the funds will be credited to;
- Within 7 calendar days after the “Bonus 123” account opening, it is prohibited to execute any financial operations on it: deposits, withdrawals, internal transfers; the options of deposit insurance and self-rebate are not available; partner commission is not credited for trading on bonus funds;
- Each clients/computer/IP can open only one “Bonus 123” account. It is prohibited to work through proxies or using any IP-address modifying software;
- FBS reserves the right to refuse a client in bonus granting with no reasons given or without prior notification;
- In case any violation of the “Bonus 123” promotion rules is suspected, FBS is eligible to block the bonus account and cancel profit earned on it. FBS reserves the right to unilaterally change or cancel any of the promotion conditions or terminate their action any.
Example::You got the bonus at 15:00 on August 3.
At 15:00 on August 10 all your orders were closed, account balance was zeroed, your bonus account became “Unlimited”, profit in the amount of $312 was recorded on the promotion page in your Personal area. Your account balance in MetaTrader 4 became 0.
To withdraw the total profit of $321, it is necessary to trade 107 lots.
Suppose you have traded 46,2 lots from August 10 to 31 (see p.3 of the Conditions). It means that on September 1, you will be able to transfer 46,2*3=$138,6 out of $312 to your trading account and either use the founds in trading or withdraw them.
From September 1 to 30, you have traded 57,8 lots. It means that on October 1, you will be able to transfer 57,8*3=$173,4 to your trading account and either use the funds in trading or withdraw them.
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