Welcome Bonus 100%

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Welcome-bonus
Bonus rules

Welcome Bonus Rules

The minimum deposit amount to receive the Welcome bonus is $100. The maximum bonus amount is $10,000.

You get back 10% of all trading commissions paid in the form of the bonus converted into real money.* Libertex pays the converted bonus to your trading account in 2% payment chunks. You should undertake sufficient trading to convert the whole bonus within 90 days.

The Welcome Bonus Terms

What is the Welcome Bonus?

The Welcome Bonus is a money bonus which can be accrued to a client of Libertex when the client funds his or her trading account for the first time. The Welcome Bonus can be redeemed by a client performing trading operations.

How to get the Welcome Bonus?

To get the Welcome Bonus the client should:
  • Pass the registration procedure;
  • Fund the trading account for the first time with an amount not less than a specified sum.

How to convert the bonus into real money

The client trades against any instrument and pays corresponding brokerage fees. In paying a fee, a percentage of the fee amount (here denoted the “redeeming speed”) is converted to real monies. This clause is applicable for trading against any instrument except crypto currencies.

Every day at 21:00 UTC Libertex analyses the sum of the fee paid and calculates the portion of the bonus converted. When this part reaches a certain percentage of the bonus earned (also known as a payment chunk), Libertex pays the converted part to the client’s trading account. The client is then entitled to withdraw this money or to use it for further trading.

To convert the Welcome bonus completely to real money, the conversion described above should be undertaken within a given period. Libertex will cancel that part of the bonus not redeemed at the end of this period.

The client can check the unconverted part of the bonus and the time left to redeem the bonus at all times via the Web or mobile application.

Please note: the maximum bonus size, the redeeming speed, the payment chunk, the conversion period as well as the minimum deposit amount are subject to change.

Example

For example, the proposition includes:

  • 100% of your first deposit as the Welcome Bonus;
  • 10% redeeming speed;
  • 2% payment chunks;
  • 90 days conversion period.

You have made your first deposit of USD 1,000. You gain USD 1,000 as the Welcome Bonus. Now you need to convert it into real money. For the next two days you actively trade currencies, indices and oil. Every day at 21:00 UTC the system analyses the sum of the brokerage fee paid by you and calculates the part of the bonus converted. For example, by the end of the second day you have been charged USD 200 in brokerage fees.

With a 10% redeeming speed, this means you have redeemed USD 20 of the Welcome Bonus. At 21:00 UTC the system detects you have reached your first 2% payment chunk. Libertex immediately pays USD 20 to your trading account. You are free to use this money for trading, or to withdraw it. By further trading you can convert other chunks of your Welcome Bonus the same way.

Additional details

Libertex does not conduct banking operations, does not offer deposit account and is not involved in illegal money laundering schemes. The Welcome Bonus is strictly reserved for clients of Libertex to provide them with better conditions for trading.

In this regard Libertex is entitled to refuse granting of the Welcome Bonus to certain clients or groups of clients, as well as to cancel or change these Terms.