ForexChief advertises a 100% bonus on every deposit. Check the $500 cap, turnover rules and how to claim it before you fund your account.
Key facts
- Bonus size: 100% of the deposit, up to a maximum bonus of $500.
- Credit: added automatically to your account.
- Profit: trading profit can be withdrawn without limitations.
- Bonus withdrawal: possible after the required trading turnover is completed.
- Duration: the bonus has unlimited duration.
- Strategies: trading robots and any strategies are allowed, including scalping and arbitrage.
- Leverage: up to 1:400 is mentioned for this offer.
- Account type: a standard trading account.
Direct Offer Link: 100% Forex Bonus and $100 No Deposit Bonus
How the 100% bonus on every deposit works
The idea is simple. You add funds to your trading account, and the broker adds a bonus equal to 100% of that amount. The bonus is credited automatically.
The offer is described as a 100% bonus on every deposit, whether the deposit is big or small. The maximum bonus is $500.
The bonus terms describe a first-time Forex deposit bonus. They do not clearly say how the cap applies to later deposits. Read the terms on the offer page before you rely on a bonus for each new deposit.
A simple example
This is only an illustration based on the stated 100% rate and $500 cap:
- A $200 deposit would give a $200 bonus, so $400 in total.
- A $500 deposit would give a $500 bonus, so $1,000 in total.
- A $1,000 deposit would still be limited to a $500 bonus.
This is why the offer is described as up to double your trading capital.
Advantages of the 100% Welcome Bonus up to $500
- Quick verification: the process to get the bonus is described as fast.
- Automatic credit: the bonus is added after your first deposit.
- Clear maximum: the bonus is capped at $500.
- Free profit withdrawal: you can withdraw your trading profit without restrictions.
- Flexible trading: robots and any strategies are allowed, including scalping and arbitrage.
- No time pressure: the bonus has unlimited duration.
The offer also mentions fast execution, reliable customer service and access to all major currency pairs.
How to get the bonus
- Sign up and open a standard trading account.
- Choose “Enroll 100% Welcome Bonus Up to $500” on the replenishment form.
- Complete the deposit and make sure the bonus is credited to your account.
- Complete the required turnover. Then withdraw the bonus and all your profit.
Pick the bonus option before you confirm the payment. If you skip it, the bonus may not be added.
What to check before you claim
Required turnover
You can only withdraw the bonus itself after the required trading turnover. The source does not state the exact figure. Check the broker's terms for the turnover needed and how it is counted.
First deposit or every deposit?
The headline says the bonus applies to every deposit. The detailed terms speak of a first-time deposit bonus. Confirm on the official page whether repeat deposits qualify.
The offer page and broker
The direct offer link opens a partner landing page. Check that the broker name, bonus and terms shown there match what you expect before you register or deposit.
Leverage and risk
Leverage up to 1:400 can increase profits, but it also increases losses. A larger balance from a bonus does not make trading safer. Use position sizes you can afford, and set stop-losses.
Withdrawals and verification
Check which documents you need for identity verification and which payment methods you can use. Know the withdrawal rules before you deposit.
Who is this bonus for?
A 100% bonus can suit traders who want more trading capital from a smaller deposit. It may also suit scalpers and users of trading robots, because the terms allow those styles.
It is less suitable if you want to withdraw funds soon after depositing. Turnover rules may delay bonus withdrawals. If you prefer to try a broker without depositing, see the ForexChief $100 new bonus with no deposit required.
You can also compare similar offers, such as the 40% bonus for every deposit at Grand Capital and the OctaFX 50% bonus on every deposit. Compare the bonus rate, the cap and the withdrawal conditions.
FAQ
Is the bonus really available on every deposit?
The offer is promoted as a 100% bonus on every deposit. The detailed terms describe a first-time deposit bonus. Check the official terms to see if later deposits qualify.
What is the maximum bonus?
The maximum bonus is $500. A 100% match on a deposit above $500 is still limited to $500.
Can I withdraw the bonus and my profit?
Trading profit can be withdrawn without limitations. The bonus itself can be withdrawn after you complete the required trading turnover.
Can I use scalping, arbitrage or robots?
Yes. The terms say trading robots and any strategies are allowed, including scalping and arbitrage. Check the broker's rules for any other limits.
Risk warning: trading forex and CFDs is risky and you can lose your capital. Bonuses come with conditions, so read the full terms before you claim.
