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2024-09-11
News FXCL Markets
FXCL Markets explains how to earn through their referral program

FXCL Markets explains how to earn through their referral program

The "Refer a Friend" program from FXCL Markets offers existing clients the opportunity to earn up to $200 for each friend they successfully refer to the platform. The program is designed to reward both new and current users for expanding the FXCL community, with no limit on the number of friends they can invite.

How the Program Works.

Clients receive a personal referral link from their account cabinet, which they can share with friends. Once the referred friend registers using the link and makes their first deposit, the referrer becomes eligible for a bonus. The bonus amount depends on the size of the friend’s initial deposit:

    - $25 bonus for deposits between $250 and $499
    - $50 bonus for deposits between $500 and $999
    - $100 bonus for deposits between $1,000 and $1,499
    - $150 bonus for deposits between $1,500 and $1,999
    - $200 bonus for deposits of $2,000 or more

A key feature of the program is its flexibility—there’s no deposit required for the referrer to receive their bonus. Additionally, 20% of the bonus can be withdrawn immediately, while the remaining 80% can be used for trading and fully cashed out once the referred friend meets specific trading volume requirements.

To fully cash out the bonus, the referred friend must complete a certain trading volume based on the bonus amount received. For instance, unlocking a $25 bonus requires 1.5 standard lots, while a $200 bonus requires 10 standard lots. Only non-scalping, non-hedging trades are considered in the calculation of the trading volume.

If the referred friend withdraws funds or makes internal transfers before meeting the required trading volume, the referrer’s bonus will be canceled. The program is also not available for certain account types, including ECN Pro and MAM accounts, and existing Introducing Brokers (IBs) and Sub-IBs are not eligible to participate.

One of the major benefits of the program is that there’s no expiration period for the bonus. Clients can take their time to fulfill the withdrawal requirements without worrying about the bonus expiring. FXCL designed the program to be as flexible as possible, allowing clients to earn and withdraw bonuses at their own pace.

FXCL’s "Refer a Friend" program presents a lucrative opportunity for clients to increase their trading balances while introducing new traders to the platform. With no limit on the number of friends that can be referred, traders stand to benefit significantly from participating in the promotion.

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