de | cn | ru

Brokers News

FXTM and LiteForex Offer Bonuses to First-Day Depositors

Apr 10 2013
I think most of us agree bonuses are generally a good thing, allowing traders to utilize more funds, make more trades and, ultimately, gain more profit. They can be especially useful for traders who have just picked a broker and would like to try out its services without risking too much money. So, the two new promotions we have from FXTM and LiteForex should be extra attractive, since both offer bonuses to traders who deposit within 24 hours of opening a new account. 
FXTM's “Get More Volume" promotion allows new account holders who deposit during the first day after the account was opened to receive 100% of their deposit, up to $/€6000, as a bonus. The promo will run until May 31, which means you have a month and a half to register, get your bonus and trade the required number of lots (which can be seen in the table below) before you can withdraw your had-earned cash. 
Of course, there are several points you need to bear in mind. First of all, transferring funds from your old account to a new one will not be considered a deposit, and bonus money cannot be transferred either. If you wish to make any withdrawal (even if it's just your initial deposit), you need to first complete the necessary trading lots. Otherwise, you lose your bonus. 
LiteForex's "Non-stop Bonus" offer is somewhat more modest – 30% for your initial first-day deposit of over $100, and 15% for any deposits above $100 that come after that. The good news is, the promotion period here is significantly longer – one whole year after the bonus is received. Also, withdrawal stipulations are not as harsh: withdrawals will result in a deduction from the bonus amount in proportion to the remaining account balance. Any profits you make using the bonus funds will also be free to withdraw.
You will, however, still need to pay attention to the number of transactions you make. Before the bonus can be added to your account balance, you need to complete at least 50 transactions with a volume amounting to at least 30% of the bonus amount. Confused yet? Don't worry, here's a simple example. Say you decide to deposit $1,000. You get 30% bonus, equal to $300. This means your trading lot requirement is 90 lots. You should note that if you use an NDD account, the amount will be 10 times higher, and 100 times higher for LiteForex accounts. 
I do, of course, realize that not everyone is in a rush to deposit money in a brand new account as soon as it is opened. If you don't want to make a first-day deposit, there are still plenty of other options out there, like RoboForex's up to 25% or $10,000 and FxNet's 100% up to $10,000 deposit bonus. Whichever one you choose, the result should be the same – extra money in your account to be turned into profit.
TAGS: fxtm  liteforex  bonus  first-day  first-day deposit  first-day deposit bonus  deposit bonus  forex  forex bonus 

More news about LiteForex

Broker Country Regulation Platform Min Deposit Review
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia ASIC MT4, MT5,
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
$200 Review Website

More Forex Brokers News

FXTM Launches 30% Welcome Bonus

Aug 06 2019 13:38:53

  As part of FXTM’s mission to provide clients with an exceptional trading experience, the international broker has launched its latest offering – the 30% Welcome Bonus!   This promotion, available under Exinity Limited, boosts your account by an extra 30% when you deposit $100... Read more

XM parent actively prepares for the launch of its US brand

Jul 03 2019 14:19:28

  Trading Point Group, the owner and operator of the XM brand, actively prepares for the future launch of its US brand Read more

FBS Invites 20 Best Partners To a VIP Party

Jul 02 2019 15:04:24

Partner parties is a great way to get to know company’s local promoters and celebrate loyalty, motivation, and cooperation. In 2019, FBS broker launches the FBS Stars contest with a round trip flight to Russia’s second largest city and a VIP party invitation as a prize. Read more

Vantage Prime will no longer service non-Australian clients

May 20 2019 13:36:39

  Vantage Prime, which is a part of the Vantage FX group, announced it will no longer service non-Australian clients, online media Finance Magnates reported today. The broker’s decision is taken due to regulatory concerns. Read more

Dukascopy warns it has no cooperation with shady broker GCG Asia

May 16 2019 13:29:47

  Swiss forex brokerage and bank Dukascopy has repeatedly warned investors that it is has no cooperation Guardian Capital Asia (GCG Asia) and that the latter is likely involved in a fraudulent scheme. Read more

$75 mln forex Ponzi scam revealed in the US

May 03 2019 16:46:08

The Commodity Futures Trading Commission (CFTC) in the US has filed charges against Florida based Oasis International Group, Oasis Management and Satellite Holdings along with their owners for running a 75 million USD Ponzi scheme, concealed as forex investment program. Read more

Australians lost $86 mln to investment scams in 2018

May 02 2019 17:04:18

Australians lost over 86 million USD to investment scams in 2018 alone – the biggest portion of the almost 490 million USD  in losses from over 378 000 scam reports, the latest report of the Australian Competition and Consumer Commission’s (ACCC) reveals. Read more

FXTM now offers a deposit bonus of up to $5 000

Apr 25 2019 11:10:24

  Global award-winning brokerage FXTM has launched their biggest deposit bonus promotion ever. The broker is now offering an extra 30% back from every amount their traders deposit over a period of 30 days, up to a total of $5,000. Read more

FXTM appoints Han Tan as a Market Analyst for Southeast Asia region

Apr 19 2019 13:28:36

  Global award-winning forex broker FXTM has just announced the appointment of Tan Chung Han (Han Tan) as a Market Analyst. Read more

FXTM gets a license from Mauritius’ FSC

Mar 28 2019 09:59:36

  Award-winning forex brokerage  FXTM (ForexTime) continues its ongoing global expansion. The broker announced it has acquired a license from the Financial Services Commission (FSC) of the Republic of Mauritius previous week. Read more

de | cn | ru