How to participate

  • “ Deposit Bonus 2024” is now open to new and existing clients of redearth Capital Limited. Clients who participate in this Promotion must complete the Account Opening Process from the redearth Client portal and successfully open a new MT4 trading
  • This Promotion is only for Clients who deposit from 1st January 1 to March 31 (hereinafter referred to as the “Promotion Period”). Clients must also maintain a trading account with a minimum deposit of US$50,000 to enjoy this Promotion.
  • Customers participating in the event must complete the following conditions:
      1. To be eligible for this promotion, the client must fulfill the following conditions: To be eligible for this promotion, the client must fulfill the following conditions: The crediting of the bonus will only begin from a minimum deposit of USD 5000 for those accounts that are eligible for participation in this Promotion. Clients can apply for a 15%credit bonus once the deposit was made.

      2. During the Promotion Period, the Client must send an email to info@redgroupfx.com,with the details of the Client’s name, MT4 trading account number, redearth Back Office ID and the corresponding credit bonus before the start of trading. Clients who send an email to claim the credit bonus after trading has begun will not be eligible.

      3. Internal transfers from existing MT4 accounts will not be used for deposit accumulation towards your credit bonus calculation.
  • For example, if Clients deposited $50,000 and completed 3,000 standard lots of transactions during the promotional period with the calculation ($50,000=3000 standard lots), the Clients are eligible to apply for the credit bonus of $7,500 to be converted to the cash balance.

Client can request to convert existing credit bonus into cash balance within 182 days from the day the first minimum deposit of USD 50,000 is made.

  • The trade deadline is from January 1 to June 30, 2024,If the number of transactions is not reached, no bonus will be awarded After the cash conversion, Client can choose to continue with the promotion by making a deposit to redeem the remaining credit bonus cap.


For example:

Amount of Deposit (USD) Trading Volume * (Bonus/2) 20% Bonus (USD)
USD 50,000 3000 Lots 15%USD7,500
USD 100,000 5000 Lots 20%USD20,000
USD 500,000 15000 Lots 30%USD150,000
USD 1,000,000 20000 Lots 30%USD300,000
USD 5,000,000 50000 Lots 40%USD2,000,000

*Standard Lots: R/T traded

  • The trading products eligible for credit bonus cash balance conversion are Foreign Exchange (FX), Spot Gold (XAUUSD) or Spot Crude Oil (WTI & Brent). The trading on other instruments will not be considered towards cash balance conversion.
  • Transactions that are not eligible for cash conversion application:Hedge arbitrage trading, Trades that are not accepted by Liquidity Providers, Trade is opened less than 2 minutes 

Bonus Redemption:

  • To convert credit bonus to cash balance, the Client has to complete the corresponding trading volume, and the Terms and Conditions set out herein. The Client must send an email containing the Client’s name, MT4 trading account number, redearth Back Office ID, and indicate cash balance amount to be converted from credit bonus info@redgroupfx.com
  • The credit bonus will be credited to the Client’s MT4 trading account balance when all the Terms and conditions set out herein have been met in full. The bonus amount may be used for trading purposes or, alternatively, may be withdrawn.
  • For those Clients who have not applied for the credit bonus but fulfilled the trading volume requirement during the Promotion Period, Clients can redeem cash balance latest by June 30th 2024. In this case, no credit bonus will be given.

 

* Redearth Capital Limited has the right to explain the final interpretation of this event*