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When your initial deposit reaches any of the following deposit levels, respective bonus scheme will be triggered automatically. If you do not wish to participate in the promotion, please select “I do not wish to join the bonus promotion”, or go to “Funds Management–Bonus Account” on the platform and select “Cancel” to cancel your participation in the welcome bonus promotion.
60 days from the date your initial deposit is credited to your account.
(Example: The client's first deposit is made on January 2, 2019 and credited on the same day, the Cumulative Transaction Amount will be the total amount from January 2, 2019 to March 2, 2019.)
The initial deposit amount will determine the highest level of promotion that the client can participate in. The client must meet the initial deposit requirement and complete the required cumulative transaction amount within 60 days in order to receive the bonus for a given level (if the trading does not qualify for the level, but achieves the Cumulative Transaction Amount requirement for a lower level, you can get a lower level of bonus).
*The Cumulative Transaction Amount applies to all types of product transactions on Mitrade
Example 1: General situation – The deposit and Cumulative Transaction Amount requirements for the same level are met
If the first deposit is USD600, and the Cumulative Transaction Amount reaches USD3 million within 60 days, you will get a bonus of USD100.
Example 2: If the deposit reaches a higher level, but the Cumulative Transaction Amount only reaches the lower level, only the bonus of the trading level will be received
If the first deposit is USD10,000, and the Cumulative Transaction Amount reaches USD9 million within 60 days, you will get a bonus of USD400.
Example 3: If the Cumulative Transaction Amount reaches a higher level, but the deposit only reaches the lower level, only the bonus for the level of the deposit will be received
If the first deposit is USD3,000, and the Cumulative Transaction Amount reaches USD40 million within 60 days, you will get a bonus of USD400.
Example 4: If the deposit meets the highest requirement, and the Cumulative Transaction Amount exceeds the mandatory requirements of more than 1 level, a level 3 bonus cannot be accumulated
If the first deposit is USD20,000, and the account reaches USD50 million within 60 days in Cumulative Transaction Amount, you will get a bonus of USD2,000.
The bonus will be calculated starting from the client's first deposit and automatically added to the client's balance after the required Cumulative Transaction Amount is reached. Bonus transferred to the balance is available for withdrawal anytime.
If the client's promotion level is level 2 or 3, the bonus amount can be transferred to your balance in installments each time the required Cumulative Transaction Amount of each lower level is met, without having to wait for 60 days to settle.
*Cumulative Transaction Amount requirements and bonus denomination is dependent on your account’s base currency.
· when the Cumulative Transaction Amount reaches USD2 million within 20 days, you will get a USD100 bonus transferred to your balance
· when the Cumulative Transaction Amount reaches more than USD6 million within 30 days, you will receive a USD300 bonus transferred to your balance
· when the Cumulative Transaction Amount reaches USD1 million within the remaining 10 days, you will not receive any further bonus transferred to your balance
(In this example, the client reached a Cumulative Transaction Amount of USD9 million within 60 days, and received a total bonus of USD400 in installments)
Terms and Conditions:
When you complete your initial deposit, you will be granted a welcome bonus based on your first deposit amount. You need to meet the required Cumulative Transaction Amount within 60 days in order to receive the bonus, and then the bonus is converted into cash and transferred into the balance of your trading account.
No. You may not use your bonus to open a position or offset a loss. When you meet the minimum Cumulative Transaction Amount requirement, you may convert the bonus into cash.
A Cumulative Transaction Amount is the contract value of a trade actually transacted.
*Contract Size x Opening Price = Contract Value
Suppose the price of gold is USD1,250, with 100 ounces you will have a notional trading volume of USD125,000 through multiplying 100 ounces by USD1,250.
The cumulative transaction amount will be calculated when you open position and will not be calculated again when you close the position.
If you have to deposit funds in batches because of bank card limits, please contact our CS team within 24 hours of your initial deposit to change the grade of promotion in which you participate. After 24 hours, you may not change it.
No upper limits are set to rebate campaign. The higher trading volume you create per calendar month, the more rebate you will receive.
Yes, clients receiving welcome bonuses may participate in the trading rebate program at the same time.
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are a leveraged product and can result in the loss of your entire capital. Trading may not be suitable for everyone. Please consider our PDS, FSG, Risk Disclosure Statement and Client Agreement before using our services and ensure that you understand the risks involved. You do not own or have any interest in the underlying assets.
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All of our products are over-the-counter derivatives over global underlying assets. Mitrade provides execution only service, acting as principle at all times.
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