Promotions

detail

Welcome Bonus

Begin your trading journey on Mitrade and get your first welcome bonus
detail

Trading Rebate

Clients can trade on Mitrade for monthly trading rebates
Trade Now

Welcome Bonus
Trading Rebate
How to Apply

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.

Validity Period

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 notional trade amount will be the total amount from January 2, 2019 to March 2, 2019.)

Details

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 notional trade 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 notional trade amount requirement for a lower level, you can get a lower level of bonus).

  • Level Initial deposit amount
    (USD or AUD)
    Notional trade amount
    (per million USD or AUD)
    Bonus amount
    (USD or AUD)
  • Level 1 >/=500 2 100
  • Level 2 >/=2,000 8 400
  • Level 3 >/=10,000 40 2000

*The notional trade amount applies to all types of product transactions on Mitrade

  • Example 1: General situation – The deposit and notional trade amount requirements for the same level are met

    If the first deposit is USD600, and the notional trade 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 notional trade 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 notional trade amount reaches USD9 million within 60 days, you will get a bonus of USD400.

  • Example 3: If the notional trade 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 notional trade 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 notional trade 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 notional trade amount, you will get a bonus of USD2,000.

Cash Back

The bonus will be calculated starting from the client's first deposit and automatically added to the client's balance after the required notional trade 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 notional trade amount of each lower level is met, without having to wait for 60 days to settle.
*notional trade amount requirements and bonus denomination is dependent on your account’s base currency.

Examples: If the first deposit is USD10,000

· when the notional trade amount reaches USD2 million within 20 days, you will get a USD100 bonus transferred to your balance
· when the notional trade amount reaches more than USD6 million within 30 days, you will receive a USD300 bonus transferred to your balance
· when the notional trade 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 notional trade amount of USD9 million within 60 days, and received a total bonus of USD400 in installments)

Terms and Conditions:

  • 1. This promotion is only applicable to new clients who register for the first time and make the first deposit.
  • 2. To receive the bonus, the client must meet the initial deposit requirement and reach the required notional trade amount during the promotion period.
  • 3. The initial deposit amount means the initial amount you deposit into Mitrade for the first time.
  • 4.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.
  • 5. The maximum bonus amount is USD2,000 or AUD2,000 depending on your account base currency.
  • 6. If the required notional trade amount is not reached within 60 days, the bonus will be cancelled.
  • 7. The notional trade amount will be calculated when you open a position, and will not be calculated again when you close the position.
  • (Example: Suppose 1 standard lot of EURUSD is opened at 1.14085, then the notional trade amount is USD114,085, and no further calculation will be made when the position is closed)
  • 8. If you do not wish to join this promotion, you can login to the Mitrade web platform or APP, select “Fund Management – Bonus Account”, and click “Cancel” to cancel participation in the welcome bonus promotion.
  • 9. After you have made the initial deposit, bonus will be added automatically into your “Bonus Account” based on your initial deposit amount. This bonus cannot be transferred to your balance until your account has met the required notional trade amount .
  • 10.This offer can be used in conjunction with the Mitrade Trading Rebate Promotion and does not require separate calculation of the required notional trade amount.
  • 11. Mitrade reserves the right to cancel your bonus/trade and close your account if any misuse or prohibited behavior is determined to have occurred.
  • 12. Mitrade will not be liable for any losses of transactions related to the offer.
  • 13. Any details and rules not mentioned, the client agreement will apply where appropriate.
  • 14. Mitrade reserves the right to modify or terminate the promotion at any time without notice. Any dispute is determined by Mitrade as the final result.

FAQ

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 notional trading 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 notional trading amount requirement, you may convert the bonus into cash.

A notional trading amount is the contract value of a trade actually transacted.


*Contract Size x Opening Price = Notional 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.

A notional trading amount is calculated one-sidedly on the basis of actual contract value when you open position. It will not be calculated when a position is closed.

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.

Trade Now