| Initial Forex Deposit (USD) | Bonus |
| 100 - 499 | 25% |
| 500 - 6000 | 100% |
| above 6000 | $6 000 |
2. The Forex Deposit Bonus is provided upon clients' request after funds have been deposited and before making any trade.
4. To withdraw the Forex Deposit Bonus from your Forex trading account you need to make transactions (number of lots) during first two month after deposit in the amount of:
{bonus sum} /5 = {number of lots}
The FOREX Deposit Bonus example:
You receive $100 forex bonus. To withdraw the received forex deposit bonus, you need to make a transaction $100 / 5 = 20.00 lots (only closed deals are taken into account) during two months after deposit.
Forex deposit bonus example:
You deposit your forex trading account with $5000 and receive forex deposit bonus of $5000 (100%). Let’s suppose that after you received forex deposit bonus, the sum on your closed deals is $2 000 profit. According to the FOREX Deposit bonus conditions, you are allowed to withdraw no more than $2 000 (40% of your deposit amount) in order to keep the FOREX Deposit Bonus sum and profit on your account.
6. In Case the client wish to withdrawal amount which is more than 40% of deposit amount, it will consider as a cancellation of Forex Deposit Bonus Promotional.
7. A client has a right to decline the FOREX Deposit Bonus Promotional of PaxForex. In this case (s)he can withdraw sums from his/her account without any limitations and restrictions, and the FOREX Deposit Bonus and Profit will be written off the account.
8. Once a bonus account conditions have been fully met and fulfilled, the bonus and profit are free from any limitations.
9. The Minimum trading volume for the standard account is 0.1 lot. The maximum trading volume for standard account is unlimited.
10. Scalping is available.
11. Expert advisers at the standard account are available.
12. Locks are available.
13. Funds transfers between accounts are not considered as initial deposit.
14. The bonus cannot be transfer between accounts
15. Any completed trading transactions with duration of five (5) minutes or less will not be included in the lots calculation. Duration is considered the time between the opening and closing of a position.
16. All positions that were closed on the platform using the functions “close by” and “multiple close by” will not be included in the Lots calculation.
17. All positions closed with a profit or a loss of less than one (1) maximum spread will not be included in the lots calculation.
18. Any unidirectional as well as counterbid positions ( "locks" ) completed with duration of 5 (five) minutes or less will not be included in the lots calculation. Duration is considered the time between the positions opening.
19. PaxForex bonuses are limited to only one bonus per registered e-mail address as well as IP address and account holder. The creation of multiple accounts under different e-mail and names by one account holder in order to receive multiple bonuses from PaxForex is strictly prohibited and will lead to the cancellation of the entire bonus program for the registered account holder and the account while assets will be kept to offset fraudulent activity which resulted in losses to the company. Excess funds, if any are available after losses have been recovered, will be send back to the account holder by the same mean the deposit was made and a permanent ban will be issued.
20. Any indication of fraud, manipulation, cash-back arbitrage, or other forms of deceitful or fraudulent activity based on the provision of the bonus will nullify the account and all profits or losses garnered.
21. This promotion can be cancelled at the discretion of the company and will remain in effect for as long as the company sees fit to provide it based on the terms and conditions outlined here and in the customer agreement.
22. PaxForex may make changes to these Promotion Terms and will notify you of these changes by posting the modified terms on the PaxForex website.
23. PaxForex advises you to revise these Promotion Terms regularly, and by your continued use of the PaxForex website and services that you accept any such modified terms.
Any dispute or situation not covered by these Promotion Terms will be resolved by our management in a manner it deems to be the fairest to all concerned. That decision shall be final and/or binding on all entrants. If these Promotion Terms are translated into a language other than English, then the English version of the Rules will be prevailing.
