How to Claim the PlexyTrade 120% Cash Bonus

Table of Contents : Plexytrade

1. Overview of the Bonus
2. How It Works
3. Volume Requirements
4. Additional Features
5. Important Considerations

Overview of the Bonus

• Bonus Percentage: 120% of your deposit amount.
• Eligibility: Open to all account types except PAMM accounts. Participants must be at least 18 years old or the legal trading age in their respective countries.
• Minimum Deposit: $200 (or its equivalent in EUR).
• Maximum Bonus Amount: Up to $24,000 per trading account.
• Number of Accounts: Each client can apply the bonus to a maximum of three trading accounts.

This PlexyTrade bonus program is designed to help traders maximize their trading potential with a generous 120% deposit bonus.

How It Works

The PlexyTrade bonus operates as a performance-based incentive. Rather than being added directly to your trading account balance, the bonus is unlocked incrementally based on trading activity.

To unlock the bonus funds, you need to meet specific trading volume requirements:

• Formula: Deposited Amount ÷ 6 = Number of Eligible Lots Required

For instance, if you deposit $600, the required trading volume to unlock the full bonus would be:

600 ÷ 6 = 100 lots

Unlocking trading bonuses is straightforward with this simple formula.

Volume Requirements

Only certain trades count toward meeting the trading volume:

• Instruments: Trades involving Forex or Metals only.
• Eligibility Criteria for Trades:
  • Trades must be closed.
  • Trades must remain open for more than three minutes to qualify.

PlexyTrade promotions like this offer transparency in volume requirements and make it easier for traders to meet the targets.

Additional Features

• No Time Limit: Traders have unlimited time to meet the volume requirement, offering the flexibility to trade at their own pace.
• Progress Tracking: Your progress toward unlocking the bonus can be monitored in real-time through the Bonus section of the PlexyTrade portal. Updates are refreshed hourly.
• Withdrawal Conditions: Once you meet the trading volume requirement, you can contact support to transfer the bonus funds into your account balance. From there, the funds can be either withdrawn or used for additional trading activities.

This trading account bonuses feature allows users to enjoy more flexibility and control over their trading journey.

Read Plexytrade Review

Read How to Get MC Markets 2560 USD Credits

Important Considerations

1. Impact of Fund Transfers:
   Transferring funds out of an account that has an active bonus may negatively impact your progress in meeting the volume requirement.
2. Terms and Conditions:
   PlexyTrade reserves the right to modify the terms of the bonus program at any time without prior notice. Make sure to review the latest PlexyTrade bonus terms on their official website.
3. Risk Warning:
   Trading leveraged products such as Forex and CFDs involves substantial risk. Ensure you carefully assess your investment goals, financial situation, and experience level before participating in the program.

Related posts:

Valetax 30% Extra Forex Deposit Bonus: Boost Your Trading Power T4Trade 40% Takeoff Bonus – Elevate Your Trading Experience MTrading 200% Deposit Bonus – Triple Your Trading Power 4XC 50% First-Time Deposit Bonus – Boost Your Trading Capital InstaForex Chancy Deposit Pool Prize – $50,000 Up for Grabs VonwayForex 100% Forex Deposit Bonus – Double Your Trading Power DB Investing 50% First Deposit Bonus – Boost Your Trading Funds FXCG 50% Welcome Bonus – Boost Your Trading Power Instantly InstaTrade 100% Welcome Bonus (One-Time) — Up to $2,000 on First Deposit PBFX 200% Deposit Bonus up to $5,000 Tiger Brokers — Up to S$1,000 Welcome Rewards