FXCL Markets has launched a new promotion offering a bonus of up to 170% for transferring an account from another forex firm.

"Increase your trading power with a Transfer Account Bonus," the company says on its portal.

The broker states that a client can only receive this bonus once. To claim the bonus, you will need to provide a screenshot of another FX firm's MT4 platform, which must show:

Withdrawal amount with a comment field.

The date of the withdrawal.

The box with your account details.

The top of the MT4 platform with the name of the other company.

The bonus amount depends on the deposit amount and is:

130% for a deposit from USD 1 to USD 200.

150% for a deposit from USD 201 to USD 1,000.

170% for a deposit over USD 1,000.

For example, if a client makes a deposit of 700 USD, the Transfer Account Bonus will be 150% of the account balance.

For current FXCL clients, the following bonuses are offered depending on the deposit amount:

125% for deposits between USD 1 and USD 100.

135% for deposits between USD 101 and USD 500.

150% for deposits over USD 1,000.

The time for transferring funds from another company should not exceed 3 business days. For example, if a client transfers funds on Friday, the bonus request can be mailed out by Tuesday.

The bonus can be partially withdrawn after a trading turnover (in lots) of at least 5% of the bonus amount in US dollars. The bonus can be withdrawn in full after a trading turnover (in lots) equal to 10% of the bonus amount in US dollars. The maximum bonus amount for a trader is USD 2,000. The terms and conditions of rebates and bonuses apply.

FXCL Markets began operations in 2006 and offers its clients favorable trading conditions and a wide range of trading instruments. The company is registered in St. Vincent and the Grenadines.