Welcome to the ultimate guide on xChief's 100% Withdraw-able Forex Deposit Bonus up to $500. In this comprehensive article, we will explore the advantages, terms and conditions, and the step-by-step process to obtain and utilize this lucrative bonus.

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Whether you are an experienced trader or just starting your journey in the world of Forex, this guide will provide you with all the necessary information to make the most of this opportunity.

What is a Withdraw-able Forex Deposit Bonus?

A Withdraw-able Forex Deposit Bonus is a promotional offer provided by brokers to attract new clients and reward existing ones. It is a percentage-based bonus that is added to your trading account upon making a qualifying deposit. Unlike other types of bonuses, a Withdraw-able Forex Deposit Bonus allows you to withdraw both the bonus amount and any profits generated from trading with the bonus.

xChief 100% Withdraw-able Forex Deposit Bonus Overview

xChief, a renowned Forex broker, offers a highly attractive 100% Withdraw-able Forex Deposit Bonus up to $500. This bonus is available for the following account types: Classic+, DirectFX, or xPRIME. To be eligible for this bonus, you must make an initial deposit of at least $50 and select the "Enroll Welcome Bonus" option on the replenishment form.

Advantages of the Welcome Bonus

The xChief 100% Withdraw-able Forex Deposit Bonus offers several advantages for traders:

1. Swift and Easy Verification: The verification process for the bonus is quick and hassle-free, ensuring a seamless experience for traders.

2. Automatic Bonus Crediting: Upon making your first deposit, the bonus is automatically credited to your account, saving you time and effort.

3. Unlimited Duration: Unlike other bonuses with time limitations, the xChief Welcome Bonus has no expiration date, allowing you to trade at your own pace.

4. Withdrawal Flexibility: Once you meet the required trading turnover, you can withdraw both the bonus amount and any profits without any limitations.

5. Compatible with Various Trading Strategies: The xChief Welcome Bonus allows you to utilize trading robots and implement any strategies, including scalping and arbitrage, giving you the freedom to trade as you please.

How to Obtain the Welcome Bonus

Getting started with the xChief 100% Withdraw-able Forex Deposit Bonus is a straightforward process:

1. Sign up and open a standard trading account with xChief.

2. Choose the "Enroll Welcome Bonus" option on the replenishment form when making your initial deposit.

3. Complete the deposit operation and verify that the bonus has been credited to your account.

4. Start trading and meet the required trading turnover to be eligible for withdrawals.

Terms and Conditions

To ensure a fair and transparent trading environment, xChief has established the following terms and conditions for the Welcome Bonus:

1. Account Eligibility: The Welcome Bonus is available only for Classic+, DirectFX, and xPRIME account types.

2. Minimum Deposit Requirement: To claim the bonus, you must make an initial deposit of at least $50 and select the "Enroll Welcome Bonus" option on the replenishment form.

3. Bonus Amount Limit: The bonus amount is equal to 100% of your deposit but cannot exceed $500 or its equivalent in the account currency.

4. Trading Turnover Requirement: While profits can be withdrawn at any time, the Welcome Bonus can only be withdrawn after meeting the required trading turnover. The turnover is calculated using the formula: Required Turnover = Welcome Bonus in USD * 50,000.

Example:

Let's say you deposit $200 and receive a Welcome Bonus of $200. The required turnover would be $10,000,000 (200 * 50,000), which is equivalent to 44 lots of EURUSD in MetaTrader.

1. Calculation of Trading Turnover: The trading turnover is calculated as the total turnover of all deals for opening and closing positions. Here are a few examples to illustrate how it is calculated:

• Buying 1 lot of EURUSD (1 lot = 100,000 EUR) position opened at a price of 1.1257 and closed at 1.1283. Trading turnover = (100,000 * 1.1257) + (100,000 * 1.1283) = 225,400 USD.

• Selling 5 lots of USDJPY (1 lot = 100,000 USD) position opened at a price of 109.806 and closed at 109.352. Trading turnover = (500,000 * 1) + (500,000 * 1) = 1,000,000 USD.

• Buying 3.5 lots of GBPUSD (1 lot = 100,000 GBP) position opened at a price of 1.2978 and closed at 1.2985. Trading turnover = (350,000 * 1.2978) + (350,000 * 1.2985) = 908,705 USD.

1. "Drawdown" Situation: The Welcome Bonus cannot be used in a "drawdown" situation and will be automatically canceled if your equity falls equal to or below the credit amount. In such cases, all positions will be forcibly closed (stop out).

Example:

If you deposit $500 and receive a Welcome Bonus of $500, and your equity drops to $500 (equal to the credit amount), the Welcome Bonus will be automatically canceled, and all positions will be forcibly closed (stop out).

1. Withdrawal Limitations: If an active Welcome Bonus is present in your account, the sum of funds available for withdrawal will be limited. The formula to calculate the available amount for withdrawal is: Available for withdrawal = Free Margin - Welcome Bonus - Deposit amount for which Welcome Bonus has been given.

2. Cancelling the Welcome Bonus: To remove the withdrawal restrictions, you can cancel the Welcome Bonus in the Personal Area at any time. In this case, only the bonus amount will be deducted.

3. Detailed Information: For detailed information about the Welcome Bonus, including the required and current turnover, you can refer to the Personal Area.

Conclusion

The xChief 100% Withdraw-able Forex Deposit Bonus up to $500 is a remarkable opportunity for traders to boost their trading capital and enjoy the flexibility of withdrawing both the bonus amount and profits. With a swift verification process, automatic bonus crediting, and compatibility with various trading strategies, this bonus provides traders with the freedom and potential for significant returns. Ensure to familiarize yourself with the terms and conditions to make the most of this rewarding opportunity. Sign up with xChief today and take advantage of this generous offer!

The Ultimate Guide to xChief 100% Withdraw-able Forex Deposit Bonus up to $500