Question: Which Forex bonus can I withdraw as profit from LMFX MT4 trading account?
What are the withdrawable bonuses or contest rewards of LMFX?
Bonus and Rewards that can be your pure profit
None of the contest rewards are available for withdrawal, but there are only 3 bonus promotions which are available for withdrawal with/without conditions.
For the list of LMFX’s all bonus promotions, visit the page here.
For the list of LMFX’s all trading contests, visit the page here.
1. $20 Phone Verification Bonus
LMFX’s $20 phone number verification bonus would be the first bonus you will receive which is available for withdrawal without any conditions.
To receive this bonus, you just need to verify your phone number from LMFXConnect(the client portal) and trade more than 3 standard lots.
The bonus amount will be credited into your account within 48 hours after the requirement is achieved.
Once $20 is credited into your account, it is available for trading or withdrawal any anytime.
2. 100% Deposit bonus
LMFX’s 100% Credit Bonus is which you can double up your deposit amount by joining the promotion.
The maximum bonus amount is 3,000 USD for one account, and 5,000 USD for several accounts in total.
For example, if you make a deposit of 4,000 USD in one account.
3,000 USD will be credited into your account for trading.
You can still earn up to 2,000 USD in different accounts.
To withdraw the bonus amount, you will need to trade required certain trading lots in the accounts.
The required standard trading lot is calculated as follows:
The Bonus amount / 2 = Required trading lots
3. 15% Phoenix Bonus(Recovery Bonus)
LMFX’s 15% Phoenix Bonus is available for withdrawal at anytime once the bonus amount is credited into your account.
The bonus can be credited if your account reaches the stop out level, and then make a second deposit and start trading.
Even though the bonus amount will be credited after the second deposit, the 15% is from the first deposit amount.
For example, if you make a first deposit of 1,000 and second deposit of 50,000, you will be given 150 dollars as the phoenix Bonus if all criteria is met.
Contest rewards are not withdrawable
LMFX is running 4 different Forex contests though, none of the rewards are available for withdrawal.
These rewards are available for trading and only the profits generated on the amount are available for withdrawal.
Still you can earn extra money to earn real profits by winning these trading contests, so these contests are worth joining if available.
For the list and conditions of LMFX’s all trading contests, visit the page here.
-
Official Site
CFD Service. Your capital is at risk.
- Open an Account
- Contact
- Detail
- Review (18)
