FOREX.com has launched the Switcher Bonus Promotion offering traders up to $10,000 in bonus rewards when they open and fund a new trading account with the broker. The bonus is designed for traders looking to move their trading activity to a globally recognized and multi-jurisdiction regulated broker while gaining access to spreads starting from 0.0 pips on forex and CFD instruments. This promotion is best for experienced traders switching from another broker who want to maximize their initial trading capital with a substantial bonus and benefit from tight spreads and competitive trading conditions.
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The promotion rewards traders with up to $10,000 in bonus funds based on the amount deposited and funded into their new FOREX.com account.
Bonus funds are awarded based on trading activity and you'll need to meet qualifying trading volume conditions defined by FOREX.com before withdrawal.
The bonus applies to new FOREX.com trading accounts opened specifically for this promotion with access to forex and CFD instruments on spreads from 0.0 pips.
The specific minimum deposit amount is not publicly disclosed and may vary based on your region and account type. You’ll need to contact FOREX.com directly or check the promotion terms in your account dashboard for exact deposit requirements.
You must meet the trading volume requirements specified in the promotion terms. Typically, this involves trading a certain number of lots or transaction value before the bonus and associated profits become withdrawable.
The bonus applies to eligible forex and CFD instruments as defined in the promotion terms. Not all instruments may count toward meeting the trading volume requirements, so review the specific eligible products carefully.
The timeframe for meeting trading volume requirements varies and should be specified in your promotion terms. Most deposit bonuses provide between 30 to 90 days to complete the required trading activity.
Deposit bonuses are typically non-withdrawable credit that increases your trading margin. You can usually withdraw profits earned using the bonus after meeting trading volume requirements, but the bonus amount itself may remain as trading credit.
If your equity decreases to or below the bonus amount, some brokers may liquidate positions similar to a margin call and you could lose everything including the bonus. Check FOREX.com’s specific terms regarding equity and bonus relationships.
The promotion is being shared here solely for informational purposes. Please note that this should not be considered as financial advice.
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