ForexChief $500 Welcome Bonus: Terms & How to Claim

ForexChief gives new clients a 100% welcome bonus on a first deposit, up to $500. Read the key facts, how to claim and the terms.

Risk warning: trading forex and CFDs is risky, and bonuses come with conditions. Only trade with money you can afford to lose.

Key facts

Offer: 100% welcome bonus on your first deposit.
Maximum bonus: $500 USD per trader.
Valid for: new customers only.
Bonus period: limited. Check the broker's page for the current status.
Account type: standard account.
Deposit mentioned in the offer: $50.
Withdrawing bonus funds: you must trade the required number of lots.

How the ForexChief welcome bonus works

The welcome bonus matches your first deposit by 100%. The most any trader can receive is $500 USD.

Here is a simple example. A 100% match on a $200 deposit would mean a $200 bonus. A deposit above $500 would not raise the bonus past the $500 cap. This is only an illustration, so confirm the exact calculation with ForexChief.

According to the offer, the bonus cannot be forfeited while all gains stay available for withdrawal without limitation. Bonus withdrawals are also possible once you meet the promotion's criteria.

Promotion wording can be hard to read. Before you deposit, ask ForexChief support how this rule applies to your account.

Who can get this welcome bonus?

The offer is for new customers. If you already have a ForexChief account, you may not qualify. The bonus is linked to a standard account, so check that you open the right account type.

The bonus period is limited. ForexChief can change or end the promotion, so check the current terms before you register.

How to claim the bonus step by step

Create a basic account. Register as a new client with ForexChief.
Complete the verification. Brokers usually ask for ID and proof of address, so have your documents ready.
Make a $50 deposit. This is the deposit amount given in the offer. The bonus matches your first deposit.
Trade and withdraw. You can earn profits and withdraw them after you pass the required turnover.

How to cash out the bonus

To cash out the bonus, you must trade the appropriate number of lots. The offer does not state that number. It is set in ForexChief's promotion terms.

Before you trade, find out these points:

How many lots you must trade before bonus withdrawal.
Which instruments count towards the requirement.
Whether there is a deadline to meet the requirement.
What happens to the bonus if you withdraw funds early.

Welcome bonus terms and conditions

The offer points to ForexChief's general terms and conditions. The source does not list the full rules. Read the complete terms on the broker's website before you deposit.

Pay close attention to the lot requirement, the bonus expiry, any limits on trading styles and the withdrawal process.

Pros and cons of a welcome bonus

Possible benefits

A 100% match can increase your trading balance.
The $500 cap is clearly stated.
The offer can be used with a standard account.

Things to watch

You must meet the lot requirement to withdraw bonus funds.
The bonus period is limited.
A bigger balance can tempt you to take larger risks.
The full terms are not shown in this summary.

More ForexChief welcome bonus pages

You may also find these pages useful:

Connected Bonus Link: $100 Forex No Deposit Bonus

This is a sponsored link to a separate offer. Read its terms on its own page.

FAQ

How much is the ForexChief welcome bonus?

It is a 100% match on your first deposit. The maximum for each trader is $500 USD.

Who can claim it?

The offer is for new customers with a standard account. Check ForexChief's terms to confirm you are eligible.

Can I withdraw the bonus?

Bonus withdrawals are possible after you meet the promotion's criteria. You must trade the appropriate number of lots. Ask ForexChief for the exact figure.

How long is the offer available?

The bonus period is limited. No end date is given here, so check the broker's page for the current status.

Risk warning: trading forex and CFDs is risky, and bonuses come with conditions. Read the full terms before you deposit.

Get $500 Welcome Bonus – ForexChief