If all the criteria is met, the LMFX 15% phoenix will be credited into your account as 12:00 server time.
You have met all criteria after 11:00 am server time, the bonus amount will be credited into your account at 12:00 on following day.
Bonus is 15% of your first deposit
Please note that the Phoenix bonus amount is 15% of the first deposit amount, meaning that the second deposit is not related to the amount of the bonus.
If you have made a deposit of 100 USD in your trading account for the first time, and join both of the promotions.
You will receive 100 USD as the LMFX 100% Deposit Bonus, and receive 15 USD as the LFMX 15 % Phoenix Bonus.
100% and 15% Deposit bonus by LMFX
LMFX running two deposit bonuses which are:
- 100% Deposit Bonus
- 15% Phoenix Bonus(re-deposit bonus)
You are entitled to receive both of the bonus together if you have met the criteria.
One Phoenix Bonus for one trader
Although, you can receive the 100% Deposit Bonus in several accounts until the amount reaches the maximum limitation, you are allowed to receive only one Phoenix Bonus in total.
If LMFX confirms that one trader is receiving several Phoenix Bonus with different trading accounts or account under different names, LMFX has the right to cancel the bonus amount immediately.
Available for withdrawal at anytime
Unlike the 100% Deposit bonus, you are allowed to use the Phoenix bonus amount for trading or withdraw at anytime.
But you will need to make sure that you have met the criteria to receive the bonus amount.
The process of receiving the bonus amount is as follows:
- Make a first time deposit in your account
- Make a loss and the account balance goes zero or the account reaches stop out level
- Make a second time deposit and place a trade
- The 15% of the FTD(First Time Deposit) amount will be credited into your account