Bonus funds are not included in calculation of Margin Call and Stop Out levels as well as for Bonus cancellation.
If the equity is less than the initial deposit, you cannot get the 100% Bonus on your deposit.
Example: You deposit $100. Then you start trading and lose $2. Your equity is $98, which is less than your initial deposit of $100.
Therefore, you cannot get the 100% Bonus on the deposit.
If Equity−Credit*2 (equity minus credit multiplied by two) is less than the second or subsequent deposit, you cannot get the 100% Bonus on this deposit.
Example: You deposit $10 and get the 100% Bonus on it ($10*2). Then you deposit $10 more. Your equity is $30 ($10*2+$10). After that, you start trading and lose $2. Now your equity is $28. Applying the formula, you get $28−$10*2=$8, which is less than your second deposit of $10.
Therefore, you cannot get the 100% Bonus on your second deposit.
In the event, that your account balance or Equity (excluding the bonus funds) fall below 30% of the bonus amount, the bonus will be canceled.
For example:
Your bonus funds = $1000
Your equity = $1200
1200-1000 = 200 (less than 30% of the bonus funds) => The bonus is cancelled
When the required lot volume is traded, a trader can apply for bonus funds withdrawal in email, support@alphaforexmarkets.com
The maximum bonus amount is $10,000.
The maximum leverage on bonus account is 1: 500.
Upon suspecting the fraudulent activity on the bonus account, the Company reserves the right to cancel the bonus.
The Company reserves the right to change the terms and conditions of the promotion without prior notification.
The company is not liable for technical disruptions and/or breaks in the internet connection on the side of the client and third-party services, that can directly or indirectly have an affect on the client’s participation in the promotion.