ForexChief-Turnover-Rebates

Trade and receive discounts on completed transactions. All automated, payment every weekend, and no withdrawal limits.

“Turnover Rebates” Promotion

In addition to supporting traders with a constantly updated and well-structured trading environment, Forex Chief never ceases to amaze its customers by offering extremely advantageous promotions and initiatives. Among these, certainly the most unique and interesting is the Turnover Rebates.

A promotional offer very similar to the classic Cashback service that allows customers who regularly invest to receive Rebates on completed transactions. No request will be necessary to access the promotion, it will be activated automatically. This is how it works: based on the transactions made during the week, the Rebates will be calculated and credited to the participant’s account every weekend.

  • No hidden rules, transparent and easy-to-understand terms and conditions.
  • Progressive scale discount rates. The higher the volume of investments, the greater the discount received.
  • Prompt Rebates credit every weekend.
  • Complete absence of MTP.
  • Withdrawals without any restrictions.

Receive Rebate from ForexChief

Terms and Conditions for Rebates

As mentioned, the regulation that allows access to the promotion is simple and free of hidden terms or conditions. The customer (usually active, regularly trading) will receive the Rebates automatically and will not have to make any request to take advantage of the offer.

  • The accounts compatible with the offer are: MT4.DirectFX, MT4.Classic+, MT5.DirectFX, MT5.Classic+, cent-MT4.DirectFX, cent-MT4.Classic+, cent-MT5.DirectFX, cent-MT5.Classic+.
  • Each Rebates will be credited to the participant’s account at the close of each trading session, once a week on weekends.
  • The rebates calculation is based on the value of the transactions made during the week: Monday 00:00:01 – Friday 23:59:59 (server time);
  • Trading turnover will be calculated in USD and will include both opening and closing transactions.
  • Only closed orders will be considered valid for the rebate calculation on trading turnover.
  • All opening and closing transactions of a position will be added to the trading turnover.
  • Example for MT4 account:
    The customer opens a position and buys 1 lot EURUSD (1 lot = 100,000 EUR) at a price of 1.3452 and closes at 1.3542. As a result, the trading volume will be USD = (100 000 * 1.3452) + (100 000 * 1.3542) = 269 940 USD.
  • Example for MT5 account:
    The trader opens a position by buying 1 lot EURUSD (1 lot = 100,000 EUR) at a price of 1.3452 but does not close the position. The trading volume will be USD = (100 000 * 1.3452) = 134 520 USD.
  • The “Turnover Rebates” promotion is not compatible with other promotions offered by the broker. Therefore, if there are active bonuses in the customer’s account, the transactions made will not be considered valid for the refund calculation.

The refunds that each customer can get vary with the weekly investment volume. Consequently, the more investments made during the period, the higher the rate at which the refund amount will be calculated:

Transactions Made (USD) Rate for Calculation
Up to 100,000,000 3 USD per 1 million USD
From 100,000,000 to 500,000,000 7 USD per 1 million USD
Over 500,000,000 10 USD per 1 million USD

We would like to clarify that any interested trader can receive additional information about the refund calculation by clicking on their ID in the Personal Area. The customer can withdraw the credited amounts at any time and without any restrictions.

Trade to get Cashback from ForexChief

Accounts Compatible with Turnover Rebates

Among the accounts available with Forex Chief, the customer can choose the following to access the promotion: MT4.DirectFX, MT4.Classic+, MT5.DirectFX, MT5.Classic+, cent-MT4.Classic+, cent-MT4.DirectFX, cent-MT5.DirectFX, cent-MT5.Classic+.

The distinctive features of each individual account are as follows:

Features MT4.DirectFX MT4.Classic+ MT5.DirectFX MT5.Classic+ cent-MT4.Classic+ cent-MT4.DirectFX cent-MT5.DirectFX cent-MT5.Classic+
Platforms available MetaTrader4, iOS Trader, Android Trader MetaTrader4, iOS Trader, Android Trader MetaTrader5, iOS Trader, Android Trader MetaTrader5, iOS Trader, Android Trader MetaTrader5, iOS Trader, Android Trader MetaTrader5, iOS Trader, Android Trader MetaTrader5, iOS Trader, Android Trader MetaTrader5, iOS Trader, Android Trader
Minimum deposit required $10 (or equivalent) $10 (or equivalent) $10 ( or equivalent) $10 (or equivalent) $10 (or equivalent) $10 (or equivalent) $ 10 (or equivalent) $10 (or equivalent)
Available currencies per account US Dollar, CHF, Pound Sterling, Euro, Japanese Yen US Dollar, CHF, Pound Sterling, Euro, Japanese Yen US Dollar, CHF, Pound Sterling, Euro, Japanese Yen US Dollar, CHF, British Pound Sterling ,Euro, Japanese Yen US Dollar, CHF, Pound Sterling, Euro, Japanese Yen US Dollar, CHF, Pound Sterling, Euro, Japanese Yen US Dollar, CHF, Pound Sterling, Euro, Japanese Yen US Dollar, CHF, Pound Sterling, Euro, Japanese Yen
Maximum leverage 1:1000 (1:5 for crypto) 1:1000 (1:5 for crypto) 1:1000 (1:5 for crypto) 1:1000 (1:5 for crypto) 1:1000 (1:5 for crypto) 1:1000 (1:5 for crypto) 1:1000 (1:5 for crypto) 1:1000 ( 1:5 for crypto)
Execution type Market Execution Market Execution Market Execution Market Execution Market Execution Market Execution Market Execution Market Execution
Position accounting system Hedging Hedging Hedging or netting Hedging or netting Hedging Hedging Hedging or netting Hedging or netting
Spread Floating from 0 pips Floating from 0.3 pips Floating from 0 pips Floating from 0.3 pips Floating from 0.3 pips Floating from 0 pips Floating from 0 pips Floating from 0.3 pips
Requotes None None None None None None None None
1 lot size (Forex) 100 000 100 000 100 000 100 000 100 000 100 000 100 000 100 000
Stop Out 30% 30% 30% 30% 30% 30% 30% 30%
Margin call 25% 25% 25% 25% 25% 25% 25% 25%
Available Contracts Over 150 Forex, Metals, Commodities, Indices, Stocks, Cryptocurrencies Over 150 Forex, Metals, Commodities, indices, stocks, cryptocurrencies Over 60 Forex, metals, commodities, indices, stocks, cryptocurrencies Over 60 Forex, metals, commodities, indices, stocks, cryptocurrencies 40+ Forex, Metals 40+ Forex, Metals 40+ Forex, Metals 40+ Forex, Metals
Minimum order size (lots) 0.01 (increment – 0.01) 0.01 (increment – 0.01) 0.01 (increment – 0.01) 0.01 (increment – 0.01) 0.01 (increment – 0.01) 0.01 (increment – 0.01) 0.01 (increment – 0.01) 0.01 (increment – 0.01)
Maximum order size (lots) 100 100 100 100 100 100 100 100
Maximum number of open orders 500 500 500 500 200 200 200 200
Total volume of open positions (lots) Unlimited Unlimited Unlimited Unlimited Unlimited Unlimited Unlimited Unlimited
Expert Advisors Available Available Available Available Available Available Available Available
Scalping Yes Yes Yes Yes Yes Yes Yes Yes
Revenue discounts Yes Yes Yes Yes Yes Yes Yes Yes
Islamic account Yes Yes Yes Yes No No No No

It’s important to know that the maximum leverage available varies based on the instrument selected for investments and the capital deposited by the trader. To know in detail each offered leverage, simply visit the dedicated page on the official website.

Go to ForexChief’s Official Website