Follow us to a new height!
The current VIP bonus is offered to the most loyal clients with a trading track record with TenkoFX and is offered at company’s exclusive discretion. The key advantage of this bonus is that it serves as an additional security cushion against the Stop Out level (i.e. the company bares the risk with you). To receive the 15% bonus your net trading account deposit should be greater than 1000 USD. Please, apply for the bonus via your personal TenkoDESK.
TERMS & CONDITIONS OF THE PROMOTION:
Please, note that terms of the promo campaigns are subject to change. It is the obligation of the client to ensure that up to date terms are reviewed.
(current version as of 06.02.2015)
- 02 Your identity has to be verified via TenkoDESK, otherwise the traded lots would not be counted towards the release of the bonus as per clause 04
- 03 The current bonus is granted to existing clients only upon company’s discretion. It is applicable to both STD and ECN accounts types. Only one bonus type per trading account is allowed.
In order to withdraw /relase a bonus you must achieve a trading volume equal to or exceeding the bonus amount divided by 6.
Example: You have received a USD $300 bonus. To withdraw it, your trading volume must be at least USD $300 / 6 = 50 lots.
Each transaction has to satisfy the following criteria:
a. Only closed transactions count
b. Trade has been on the market longer than 60 seconds.
c. The difference between the open and close price is bigger than MTP requirement for respective instrument as per the table.
Instrumen Average AUDUSD EURUSD GBPJPY GBPUSD NZDUSD USDCAD USDCHF USDJPY
- 05 You can monitor the required and qualified amount of lots via TenkoDESK trading account journal.
- 06 Bonus money does serve as additional margin against Margin Call and Stop Out trigger.
- 07 If you have already received a bonus and make a further deposit to your account (requesting another bonus), TenkoFX will check whether you have fulfilled the terms & conditions for the prior bonus. If the bonus terms & conditions have not yet been fulfilled, the bonus amounts will be added together. In order to withdraw the bonus funds at that point you will need to achieve a trading volume based upon the aggregate bonus amount. The amount will be shown upon the deposit of funds into the account.
- 08 No funds may be withdrawn from the trading account until the trading volume terms & conditions have been fulfilled, otherwise the bonus will be automatically written off the account.
- 09 As a temporary supportive measure TenkoFX accrues partner commissions on the bonus amount in a 100% proportion.
- 10 The maximum amount of bonus entitlements on all trading account is USD 5000. Bonuses that have been released as per condition 05 don’t count against maximum bonus amount limitation.
- 11 Bonus amount is not eligible for PAMM account investments.
- 12 Upon detection of fraudulent transactions with bonuses, TenkoFX reserves the right to withdraw all bonuses from the client's account without prior notice or without giving reasons.
Comparative table (Deposit bonus category)
|Key terms||Realistic bonuses||Competitor offers.
Not recommended by TenkoFX
|Withdrawable||Yes||Yes||Profit only||Profit only|
|Bonus release requirement||Lots required =
Bonus amount / 6
|Lots required =
Bonus amount / 4
|Lots required =
|Lots required =
|Bonus cancellation||Funds withdrawal without fulfillment of trading lots requirement will cancel the bonus amount.||Funds withdrawal without fulfillment of trading lots requirement will cancel the bonus amount.||Funds withdrawal without fulfillment of trading lots requirement will cancel the bonus amount and the profit.||Funds withdrawal without fulfillment of trading lots requirement will cancel the bonus amount and the profit.|
|Minimum deposit||1000 USD||10 USD||100 USD||100 USD|
|Account Type||STD / ECN||STD||STD||STD|
|Maximum bonus amount||5000 USD||5000 USD||5000 USD||5000 USD|
|Scalping||Not allowed||Not allowed||Not allowed||Not allowed|
|Multiple bonuses||One bonus type per account only|
|Stop out cushion||Yes||No||No||No|