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Deposit Bonus Program : BOUNDLESS REWARDS

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*on Accumulated Deposit
*FREE Gifts
Redeem points to
Bonus + Gifts & More!
LEARN MORE

* Terms and Conditions Apply.

deposit_bonus_tit_m_v2
*on Accumulated Deposit
*FREE Gifts
Redeem points to
Bonus + Gifts & More!
LEARN MORE

* Terms and Conditions Apply.

100% Bonus on Initial Deposit
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Extra Bonus on Accumulated Deposit

Accumulate deposit >= US$8,000

deposit_bonus_gift_gold_v5a

Accumulate deposit >= US$5,000

deposit_bonus_gift_gold_v5b

Accumulate deposit >= US$3,000

deposit_bonus_gift_gold_v5c
FREE Gifts
deposit_bonus_gift_gold_v6

* Terms and Conditions Apply.

LEARN MORE

100% Deposit Bonus

Make a deposit today and get 100% deposit Bonus in Your Trading Account.

Promotional Period : 9 March 2020 – 31 March 2020

(All new and existing clients who make initial deposit during the Promotion period)

Terms and Conditions

Step 1 – 100% Bonus on Initial Deposit
Automatically joined! This is for ALL NEW retail client or selected clients who make deposit during the Promotion period.

How to apply the above campaign (Step 2) or get the prize (Step 3)?
Just one simple step to participate:

→ Livechat (www.byfx.com)  / E-mail cs@byfx.com  to our CS
→ Zalo / Whatsapp / Facebook message to contact our CS
Do not waste the time, ENJOY the moment now!
GO contacting our Customer Service Department through the above channel and start trading with us now!

 

 

Promotional Period

1 Feb 2021 – 30 Apr 2021

Eligibility
  • All new retail client or selected clients who make deposit during the Promotion period.
  • The Promotion is only suitable for manual trades.
  • Clients referred by Introducing Brokers do not qualify to join the Promotion.
  • Once our CS team approved the campaign application (Step 2 and step 3 campaign only), Clients will receive an email confirmation, enjoy the bonus and prize during the Promotion period.
  • To enjoy the Bonus, the client must successfully open an account and make deposit during the Promotion period.
  • Opening an account successfully refers to receiving a confirmation e-mail from BYFX Global CS team. The confirmation e-mail contains your User ID and a default password.

 

Terms and Conditions

  • The Deposit Bonus is only credited for trading purpose, bonuses are non-withdrawable and non-transferrable.
  • Any profit derived from the trading during the promotional period / 1 month from the bonus release date is withdrawable only after fulfilling all the below:
    • Minimum standard lots requirement according to different bonus tiers:
      -Withdrawal requirement for : 100% Bonus on Initial Deposit
Client initial deposit Account Balance Minimum standard trading lots + minimum 10 trading days
$100 $150 2 lots
$500 $750 10 lots
$1,000 $1,500 20 lots
$2,000 $4,000 50 lots

-Withdrawal requirement for: Extra Bonus on Accumulated Deposit

Deposit Tiers Trading days requirement Minimum Trading lots
1

Minimum 10 trading days

Latest bonus amount / 40
2 to 4 Latest bonus amount/ 25

b. The profit is withdrawable within 1 month from the latest bonus release date.
For example, the client receives the bonus on 15 Jan 2021, if the client fulfils the required lots for profit withdrawal before 14 Feb 2021, the client can withdraw the profit.

  • All hedging orders in the opposite direction will not be calculated in standard lot size.
  • Only positions held over 5 minutes will be counted in standard lot size.
  • Any withdrawal during the promotion period will not be eligible to get the free gifts. Client need to fulfil all the below requirements to get the free gift:
    a.  Minimum 20 trading days and required 90 / 150 / 240 lots during the promotional period

b. All hedging orders in the opposite direction will not be calculated in standard lot size.
c. Only positions held over 5 minutes will be counted in standard lot size.

  • When a client incurs losses, the losses amount will be deducted from client balance.
  • The Deposit Bonus is a one-off promotion which will be credited to deposit accounts.
  • Each one eligible client / trading account can enjoy the maximum Deposit Bonus $2,000 for one off only. In order to enjoy the extra bonus on accumulated deposit, client please submit the application to CS again.
  • The remaining amount of the bonus and related profit (if withdrawal condition not fulfilled) will be forfeited immediately 1 month after the bonus release date.
  • Any withdrawal made, including client deposit and profit, will cause the retrieval of the Deposit Bonus.
  • Arbitrage between different client accounts are strictly forbidden. BYFX Global reserves the right to cancel the Deposit Bonus and Profit from related accounts immediately. BYFX Global also reserves the right at any time, at its absolute discretion, for the explanation of arbitrage if such case being doubted or found.
  • Any use of EA and/or other automated trading tools, including without limitation, any signals, scalping, arbitrage techniques (internally or externally that been found), are strictly prohibited.  Promotion to a client will be terminated upon any use of EA and/or other automated trading tools is discovered by BYFX Global.

 

Important Notes

      • Definition on Trading volume calculation: 1 standard lot is equivalent to 100,000 units of the base currency for forex trading. Opening and closing a position is deemed as 1 standard lot.
      • Each client can only participate in the Promotion with one trading account. Use of the same IP and/or ID card from the third parties to enjoy bonus is strictly prohibited. BYFX Global reserves the right to forfeit the bonus at its sole and absolute discretion.
      • If BYFX Global suspects any abusive act, attempt to abuse, or suspects clients hedging between brokers, BYFX Global reserves the right to suspend the client trading and forfeit the bonus from the client’s trading account.
      • The Deposit Bonus is non-transferable.
      • BYFX Global reserves the right to accept or reject any client account application at its sole and absolute discretion without any notice.
      • BYFX Global reserves the right, at its sole discretion, to change the Terms and Conditions contained herein and/or modify, discontinue, or terminate this Promotion and any related rules at any time without prior notice. In the event of any dispute, the decision of BYFX Global is final and conclusive with respect to all matters relating to the Promotion(s).
      • By participating in the Promotion, clients hereby confirm that they have fully read, understood and agreed the Terms and Conditions contained herein.

Frequently Asked Questions

I’m a new client, can I join the contest?
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Yes, all new and existing clients can join the contest and only need to fulfill the criteria of Eligible Contest Participant.
Can I win the prize from both contest categories in one month?
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Each qualified participant can receive prizes up to 3times during the 3-months contest period and up to one category of rewards (Most Active Trader or Most Profitable Trader of the Month) per month. The higher prize amount will be counted and credit to the client’s MT4 account.
How much money do I need to deposit to my account in order to enter the Contest?
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For new and existing clients, the initial deposit or minimum balance requirement for the beginning of the Trading Month (first 10 trading days of the Month) is USD500; If you wish to participate in the Trading Contests, please make extra deposit to meet the minimum deposit requirement on or before this date.
If I want to join the Contest for the following month and I have some balance in my account, do I need to deposit again?
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If you want to use remaining balance to join the Contest for the following month, please note the minimum balance remain in the account at the beginning of the Month (first 10 trading days of the Month) should be $500 or above. If your balance is less than this amount, please consider making extra deposits on or before this date. BYFX Global reserves the right to disqualify any participant whose account balance does not meet the minimum requirement at the beginning each month.
When will I receive the prize reward if I got into the top 20th place in one month?
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Prize will be awarded in USD value in your trading account within 10 working days after the announcement.
Can I enter the Contest mid-month?
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The minimum trading days required for receiving the cash prize are 10days, please make sure you reserve enough time to fulfil this requirement.
Will I be notified if I make it to the top of the list?
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Yes, BYFX Global will contact all winners within 10 business days of the following month, either by phone or email. Please ensure your contact details are correct.
How are the cash prizes credited? Can I withdraw immediately?
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Cash prizes are credited to your BYFX Global trading account. You can either withdraw the prize or use it for future trading.
The Contest does not allow any withdrawal or transferring out of funds, will my withdrawal of cash prize affect my qualification to continue joining the Contest?
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If you only withdraw prize rewards and does not withdraw any of your deposited balance, it will not affect your qualification for the Contest.
What’s a Margin Call?
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A Margin Call is when your equity drops below your Margin Requirement and may lead to one or more of your open positions be liquidated. At BYFX Global, you will receive Margin Call when your equity falls below 80% of your Margin Requirement. Please pay attention to your account equity level during the Contest. Receiving a “margin call” will disqualify an eligible participant from the Contest for that Month.
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