The summer has come. It is vacation time. So, financial markets eventually go less liquid and volatile during the summertime. However, most people cannot afford to relax even during this wonderful season since endless political and economic crises seen around the globe keep on affecting plain folks in terms of their financial well-being. Some of them start seeking extra income opportunities and finding them in financial markets in general and Forex in particular.
Making Money During Summertime Sideways Trend
As we have mentioned before, more and more people discover Forex as an extra or even major source of income to sustain their families these days when people’s financial security is in jeopardy. People lose jobs, get smaller paychecks, struggle to make both ends meet while dreaming of being better-off someday.
While some people dream others start acting. They learn to become Forex traders. They sign up for coaching, open demo and live accounts with Forex brokers to put the knowledge into practice and master their skills. All of this is done to break from the vicious circle of financial misery and to reach financial freedom. This is actually possible. However, in order to become a pro trader, you have to start small. Yet, there is nothing better than Forex bonuses when you decide to start small and dream big.
Whether you like bonuses or not, you still want to go with a truly reputable Forex broker in order to feel comfortable anв secure while trading your favorite assets for profits. Whether you are making your first steps in the trading environment or you are a true expert in trading Forex, you just cannot do without a reliable partner, which is your Forex broker.
When it comes to reliability, security and pleasant bonuses for new and existing clients, there are very few decent options in the contemporary Forex industry despite the fact that it is a rather populated and highly-competitive one. Fort Financial Services is one of such decent representatives of the contemporary Forex industry. To tell you the truth, the pace at which the company is growing and winning the hearts and minds of new clients does look amazing.
Not so long ago, FFS launched a new summertime bonus for new clients. It is called «WelcomeBonus 15 USD». Let’s have a closer look at it.
Welcome Bonus 15 USD
The new bonus will be valid June 10th through June 21st 2015. This offer gives you a chance to get $15 as a bonus, whether you are a new or existing client of Fort Financial Services. This means that even if you are an existing customer and previously received another welcome bonus equal to $5, you are still eligible for the new $15 bonus. You just need go to the appropriate section of your Trader's Room and click the appropriate button to get the promised bonus. Even if your previous $5 welcome bonus hasn’t expired, you are still eligible for the new one. This means that you are allowed to claim 2 bonuses at a time provided that you have generated sufficient turnover to claim them. by the way, FFS is glad to inform you that the trading turnover for the bonuses will be calculated in series.
Now please ready carefully the following terms and conditions published here - https://www.fortfs.com/about/news/welcome-bonus-15-usd-201506
Terms and Conditions:
- Welcome Bonus can be obtained by every client of the company that has passed the verification procedure in the Trader's Room. At the "Account" section there is a subsection called "Verification", in which there are two fields: mobile phone verification and verification of personal data. To verify the mobile phone, you need receive an SMS with a code that is then entered in a required field. Next step is the verification of personal data, according to the instructions you need to download documents confirming your identity and registration address (information about which documents must be downloaded, as well as requirements for the quality of these documents, can be found in the Customer Agreement and "Know Your Customer" Policy). After your documents are verified,"Get bonus" button becomes active in the Trader’s room at "Bonus" section under "Welcome Bonus" subsection. After clicking on this button, funds in the amount of $ 15 (1500 cents if your account is Cents account or the equivalent amount in Euros, depending on the currency of your account) will be credited to the trading account.
- Welcome Bonus can be obtained at any time starting from 10.06.2015 until 21.06.2015.
- Welcome Bonus can be used only once and only for one trading account. Welcome Bonus is not available on the Flex Newbie accounts and on PRO accounts. Unfortunately, your relatives will not be able to obtain the bonus if you have already received it.
- To withdraw the bonus and profit made with the help of bonus funds you have to meet the terms of the trading turnover on the account: 4.5 lots for USD or EUR accounts or 450 micro lots for Cent accounts.
- You can withdraw your own funds and resulting profit at any time without any restrictions.
Here is an example:
You open a real account and get the 15 USA dollar Welcome Bonus.
You trade and earn another 5 USD and now your account has 20 USD. However, until the volume of your deals reaches 4.5 lots, you cannot withdraw this profit.
Suppose you decide to deposit 20 USD of your own funds into the account. The balance is now equal to 40 USD.
After this, for example, you earn another 10 USD, so you made a 50% profit of your own funds.
If by this time you haven't traded the required amount of lots (according to p.4) then you can only withdraw the sum of your deposit (20 USD) + sum of profit and your private funds (20USD+50%).
In total, 30 dollars. Whereas if you traded lots of the volume required by p.4, you can withdraw all 50 USD.
Partners are rewarded according to the proportion of clients' own funds. If the customer's account is 90% own funds and 10% bonus, you'll get 90% of the regular commission.
Example:
A client received a bonus of $15 to account and deposited another $285.
In this case, the client funds account for 95% of all funds in the account.
It turns out that in this case the partner will receive 95% of the standard commission.
If you normally receive 65% of the spread, in this example, the payment will be 0.95 * 65% = 61.75% spread, etc.
This calculation is used until the customer meets the requirements of paragraph 4.
Once the client has met this requirement, the commission as a partner will be calculated in the usual manner.
In the case of fraudulent activities (such as a bonus to one client for several accounts, etc.), the company reserves the right to cancel the account(s) the bonus amount and the profit gained with it without notice.
