Are you an aspiring trader looking to make the most of your initial deposit? Look no further than xChief, a leading online forex broker that offers a generous Welcome Bonus of up to $500.

Direct Promotional Link $100 No-Deposit Bonus plus 100% Forex Withdraw-able Welcome Bonus

With this withdraw-able forex bonus offering, you have the opportunity to enhance your trading capital and potentially increase your profits. In this comprehensive guide, we will explore the advantages of the xChief Welcome Bonus, how to qualify for it, and the terms and conditions associated with this exciting promotion.

Welcome Bonus Advantages

When you sign up with xChief and make your initial deposit, you'll be eligible for a Welcome Bonus equal to 100% of your deposit amount, up to $500. This means that if you deposit $200, you'll receive an additional $200 as a bonus, giving you a total trading capital of $400. The Welcome Bonus offers several advantages for traders:

1. Swift and Easy Verification: Getting verified as a trader is a crucial step in the process. With xChief, the verification process is quick and hassle-free, allowing you to start trading without any delays.

2. Automatic Bonus Crediting: Once you make your first deposit, the Welcome Bonus will be automatically credited to your account. There's no need to submit any additional requests or wait for manual approval.

3. Long-Term Bonus: Unlike some promotions that have a limited duration, the xChief Welcome Bonus has no expiration date. You can enjoy the bonus for as long as you meet the required trading turnover.

4. Flexible Withdrawal: While the bonus itself cannot be withdrawn immediately, any profits you make from trading can be withdrawn at any time without limitations. This gives you the freedom to manage your funds according to your trading strategy and financial goals.

5. Compatible with Different Trading Strategies: Whether you prefer manual trading or automated strategies using trading robots, the xChief Welcome Bonus allows you to implement any trading strategy, including scalping and arbitrage.

How to Get the Welcome Bonus

Obtaining the xChief Welcome Bonus is a straightforward process. Here's a step-by-step guide:

1. Sign up and Open a Standard Trading Account: If you're not already a registered user, visit the xChief website and sign up for an account. Once registered, open a standard trading account to be eligible for the Welcome Bonus.

2. Enroll for the Welcome Bonus: When making your initial deposit, ensure that the "Enroll Welcome Bonus" option is selected on the replenishment form. This step is crucial to activate the bonus.

3. Complete the Operation and Check Bonus Crediting: After completing the deposit, verify that the Welcome Bonus has been credited to your account. You can do this by checking your account balance or contacting the xChief support team.

4. Trade and Achieve the Required Turnover: To withdraw the Welcome Bonus, you need to meet the required trading turnover. The turnover is calculated using a simple formula: Required Turnover = Welcome Bonus in USD * 50,000. For example, if you receive a Welcome Bonus of $200, the required turnover would be $10,000,000 (200 * 50,000).

Terms and Conditions

As with any promotional offer, the xChief Welcome Bonus comes with certain terms and conditions that you need to be aware of. Here are the key points:

1. Eligible Account Types: The Welcome Bonus is available only for the following account types: Classic+, DirectFX, or xPRIME. Ensure that you have one of these account types before claiming the bonus.

2. Claiming the Bonus: To qualify for the Welcome Bonus, you must claim it during the initial deposit. The minimum deposit amount required to activate the bonus is $50.

3. Bonus Amount and Limitations: The Welcome Bonus equals 100% of the deposit amount but cannot exceed $500 (or its equivalent in the account currency). For example, if you deposit $300, the maximum bonus you can receive is $300.

4. Trading Turnover Calculation: While profits can be withdrawn at any time, the Welcome Bonus can only be withdrawn after achieving the required trading turnover. The turnover is calculated as the total turnover of all deals for opening and closing positions.

   Examples of turnover calculation:

   • BUY 1 lot of EURUSD: Trading turnover = (100,000 * 1.1257) + (100,000 * 1.1283) = 225,400 USD
   • SELL 5 lots of USDJPY: Trading turnover = (500,000 * 1) + (500,000 * 1) = 1,000,000 USD
   • BUY 3.5 lots of GBPUSD: Trading turnover = (350,000 * 1.2978) + (350,000 * 1.2985) = 908,705 USD

5. Drawdown Situation: The Welcome Bonus cannot be used in a "drawdown" situation, where the equity falls equal to or below the credit. In such cases, the bonus will be automatically cancelled, and all positions will be forcibly closed.

6. Withdrawal Limitations: If there is an active Welcome Bonus on your account, the sum of funds available for withdrawal will be limited. The formula to calculate the available amount is: Available for withdrawal = Free Margin - Welcome Bonus - Deposit amount for which Welcome Bonus has been given.

7. Cancelling the Welcome Bonus: If you wish to remove the withdrawal restrictions, you can cancel the Welcome Bonus in the Personal Area. Only the bonus amount will be deducted in this case.

8. Detailed Information: For more detailed information about the Welcome Bonus, including the required and current turnover, you can access the Personal Area on the xChief website.

Conclusion

The xChief Welcome Bonus is a fantastic opportunity for traders to boost their trading capital and potentially increase their profits. With its generous offering of up to $500, this withdraw-able forex bonus provides flexibility and freedom to traders of all levels. Remember to review the terms and conditions and make sure you meet the required turnover before attempting to withdraw the bonus. Don't miss out on this lucrative promotion - sign up with xChief today and take advantage of the Welcome Bonus to enhance your trading experience!

xChief Withdraw-able Forex Bonus Offering: A Lucrative Opportunity for Traders