Get an additional $20 for trading capital from the FreshForex Cashback program. You can take advantage of this program to boost your trading profits.
FreshForex is one of the leading forex brokers offering its clients many bonuses and promotions. One widely discussed promotion is the cashback bonus, which allows traders to earn up to 20 USD per lot traded. This cashback bonus is very attractive for traders because it can increase potential trading profits.
The cashback bonus is calculated based on the trading volume and type of account the trader owns. For example, trading 1 lot on a standard account would earn a cashback of 10 USD. Meanwhile, trading 1 lot on a cent account would give you a free 1 USD.
The cashback bonus will be paid automatically into your account at the end of each trading day. You can then withdraw the bonus or reuse it for trading.
To qualify for up to $20 cashback on FreshForex, there are several steps you need to follow, including:
- Create a new account on FreshForex.
- Verify the account.
- Activate cashback bonus.
- Trade at least 0.1 lot per day.
Are you interested in taking this promo?
Where to Find the Information on the Official Broker Site?
- This information is reported per Oct 26 2023.
- We can not ensure if this offering is still available or remain the same in future.
- The broker announcement page may or may not exist anymore, You may explore FreshForex homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.
How to Claim FreshForex Cashback Bonus
Claiming a FreshForex cashback bonus is a simple process. Here is a step-by-step guide on how to do it:
1. Open an Account
To open a live trading account with FreshForex, you can follow these steps:
- Visit the FreshForex website and click on the "Open account" button.
- You can choose the type of trading account you want to open. FreshForex offers a variety of account types, including Standard Accounts, Cent Accounts, ECN Accounts, and Islamic Accounts.
- Enter your personal information, including name, email address, and country of residence.
- Create a password for your account.
- Verify your email address and phone number.
- Deposit money to your account. FreshForex accepts various payment methods, including credit and debit cards, bank transfers, and e-wallets.
2. Verify Your Personal Information
To verify your personal information on FreshForex, you must upload the following documents to your client area:
- Copy of ID issued by your government (passport, driver's license, or ID card).
- Proof of residence (bank statement, utility bill, or rental contract).
If you use a credit or debit card to deposit, you must also upload a copy of the front and back of the card. To upload your documents, go to your Client Area and click on the "Verification" tab. Next, click the "Upload Document" button and select the document you want to upload.
3. Activate the Cashback bonus
To activate the cashback bonus in your FreshForex client area, follow these steps:
- Log in to your client area.
- Click on the "Bonus" tab on to menu.
- Scroll down to the "Cashback" promotion.
- Choose the "cashback" bonus level.
- Click on the "Yes" button to confirm that you want to enable the cashback bonus.
Once you have enabled the cashback bonus, you will start earning cashback on all your trades. You can view your cashback balance in your Client Area.
4. Trade At Least 0.1 Lots a Day
To trade 0.1 lots daily, you must have a FreshForex trading account. You can open a real trading account for free. Afterward, you can trade on various assets, including forex, CFDs on metals, stocks, energy, indices, and cryptocurrencies.
Terms and Conditions for FreshForex's Cashback Bonus
- The cashback promotion is available from August 7, 2019, to November 30, 2023.
- This promotion is available for Classic MT4 or MT5 and Market Pro MT4 accounts not connected to other promotions.
- You can activate the promotion on an unlimited number of accounts.
- The promotion covers transactions on all trading assets, including forex, CFDs on metals, stocks, energy, indices, and cryptocurrencies.
- To receive cashback on closed trades, you must enable the promotion for your trading account in your Client Area.
- You can choose only one of three bonus schemes for all participating accounts:
- The first scheme: 10 USD for each trading lot for closed profitable trades.
- The second scheme: 20 USD for each trading lot for closed losing trades.
- The third scheme: 5 USD for each trading lot for all closed trades.
- Your financial result for closed trades accounts for the sum of trading results, accrued swaps, and commissions.
- Only closed trades are accounted for in the promotion. They must meet the following criteria:
- Minimum Time of Transaction (MTT): A trade's minimum time on the market (the difference between Open and Close Time).
- Minimum Transaction Profit (MTP): A trade's minimum profit or loss while on the market is measured in points (the difference between the Open and Close Price). MTP values for Market Pro MT4 accounts correspond to MTP values for Classic MT4, taking into account the number of decimal places in prices.
- The bonus calculated proportionally to the volume of closed trades is credited to your trading account at the end of each week. It is available for trading or withdrawal without any restrictions.
- Any withdrawal from your account, including internal transfers, will cancel the cashback accrued based on the results of a trading week.
- If the participating account has no open trades, you can change the bonus scheme only once a week in your area. The new system will come into effect at the beginning of the next trading week.
- FreshForex reserves the right to:
- Deny a connection to the promotion, not credit a bonus, or disconnect a client from the promotion if the client is assigned to a partner and in case of detected violating rules.
- Change the terms and duration of this promotion.
Why Traders Choose the Cashback Program at FreshForex?
Several reasons make this cashback program very attractive, including:
- Precise calculations: This is important for traders who want to maximize their profits, minimize losses, and ensure they receive the correct cashback amount, regardless of the trading asset or market conditions.
- Detailed cashback statistics: This information can be used to track progress, identify areas for improvement, make informed trading decisions, and give traders a clear and concise overview of their cashback earnings.
- Qualified technical support: This support is essential for traders who want to maximize the promotion's benefits and avoid potential problems, and it is available to assist traders with any questions or problems with the cashback promotion.
- Three schemes: FreshForex offers traders three different cashback schemes, depending on their trading style and risk tolerance. This gives traders more flexibility and control over their cashback earnings.
- The highest rates in the cashback program: FreshForex offers the highest cashback rates, up to $20 per lot. This means traders can earn more cashback from FreshForex than from any other broker.
- Guaranteed safety of funds: FreshForex is a regulated broker that guarantees the safety of its clients' funds. This means that traders can be confident that their money is safe when they trade with FreshForex.
FreshForex is one of the leading forex brokers offering a wide range of trading products, including forex, stocks, cryptocurrencies, and commodities. Founded in 2008, this broker has attracted over 10,000 clients from 153 countries. This broker is headquartered in Saint Vincent and the Grenadines and is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines.