The rules and requirements to withdraw LMFX 100% credit bonus.
- LMFX 100% Deposit Bonus is available for withdrawal
- Receiving the Bonus in Multiple accounts
LMFX 100% Deposit Bonus is available for withdrawal
Yes, by meeting its trading lots conditions, you are able to withdraw even the bonus amount from LMFX.
The required trading lots to withdraw the bonus amount is calculated as below.
Required Number of lots = Bonus amount(USD/EUR) / 2
So if you have received 100 dollars as 100% Deposit Bonus, you will need to trade 50 standard lots to withdraw the bonus amount.
For the full rules and conditions of LMFX’s 100% Deposit Bonus promotion, visit the page here.
Withdrawing the Original Deposit amount
Although there are conditions that you will need to meet in order to withdraw the bonus amount itself, you are allowed to withdraw the original deposited amount at anytime.
But please note that if you have withdrawn your original funds from the account which you have received the bonus before meeting the trading lots requirement, all the bonus amount will be deducted from your account.
As long as you have met the requirement and notified the LMFX support team, you do not worry about this deduction.
Withdrawing the Profit amount
Besides the bonus amount, you are also able to withdraw the profit amount generated in the trading account which you have received the bonus.
The profit is all yours without any conditions, but please note that if you withdraw partial or whole funds from the account, the bonus amount will be also deducted from your account.(if you have not fulfilled the requirement)
Standard lots conditions
Required trading lots to withdraw the bonus amount is calculated as Bonus amount(USD/EUR) / 2.
To be qualified as a trading lot for this bonus, you will need close a position 3 pips away from the opening price.
You will just need to make sure that you close a position 3 pips above or below the opening price, so if you are not a scalping trader, it shouldn’t be a big problem.
For other financial instruments, LMFX will calculate them as normally for this bonus requirement.
Receiving the Bonus in Multiple accounts
You can even open multiple accounts to receive the 100% deposit bonus in each account.
But LMFX has set that the maximum bonus amount will be 3,000 USD for one account and 5,000 USD for several accounts in total.
So you are entitled to receive the bonus several times until the bonus amount reaches the limitation.
No time limits for the requirement
LMFX is running this 100% deposit bonus from September in 2,016.
There is no time limits set by LMFX so you do not need to worry about fulfilling the trading requirement as soon as possible.
The promotion is available until the further notice by LMFX.
For the list of LMFX’s all bonus promotions, visit the page here.