The xChief Welcome Bonus up to $500 is a deposit-based promotion that credits a bonus equal to 100% of your initial deposit, up to a maximum of $500 (or the equivalent in your account currency). The bonus is designed to increase available trading margin, while allowing traders to withdraw any trading profits at any time.
To receive the Welcome Bonus, traders must open an eligible account type (Classic+, DirectFX, or xPRIME) and claim the offer during the first deposit of at least $50 by selecting the Welcome Bonus option directly on the deposit/replenishment form. Once the deposit is completed, the bonus is credited automatically and appears in the account.
While profits can be withdrawn without limitations, the bonus itself becomes withdrawable only after meeting the required trading turnover. xChief defines the turnover requirement using a clear formula: Required Turnover = Welcome Bonus (USD) × 50,000, and turnover is calculated as the total turnover of all opening and closing deals. The promotion also includes important risk controls: the Welcome Bonus cannot be used in a drawdown situation and is automatically cancelled if account equity falls to or below the credit amount, at which point all open positions are forcibly closed (stop out).
Additionally, if the Welcome Bonus is active, withdrawals are restricted using the broker’s stated formula based on free margin, bonus amount, and the deposit amount that generated the bonus. Traders can remove these withdrawal restrictions by cancelling the bonus in the Personal Area, in which case only the bonus amount is deducted.
This offer is stackable with xChief cashback by HighFxRebates, with cashback calculated separately from bonus credit.
Comment on this Bonus
Comments