Introduction
From November 7, 2024, new account holders with MIDORI FX will have an unparalleled chance to trade risk-free by offering them a $300 No Deposit Bonus Recovery Bonus. The No Deposit Bonus period lasts only between November 7, 2024, and November 14, 2024, and allows eligible traders to receive a reward should the MT5 trading account incur early losses within the first 30 days of opening the account. We outline below how the recovery bonus works, who stands to qualify for the bonus, and what benefits the trader will have while trading with MIDORI FX.
What is the MIDORI FX No Deposit Bonus Recovery Bonus?
It is called the MIDORI FX Recovery Bonus, where you’ll be able to recover up to $300 in losses you’ve incurred over the first 30 days of opening a new account. If ever your MT5 account balance falls below $10, MIDORI FX will compensate the amount lost up to a maximum of $300 and give you another chance at regaining momentum and continuing trading without the added risk.
Campaign Period
From: November 7, 2024, at 03:00 PM UTC
To: November 14, 2024, at 02:59 PM UTC
How Recovery Bonus Works
Eligible Trading Period – The recovery bonus includes the period of the first 30 days after opening a new account.
Loss Recovery – Midori FX will recover your lost account balance below $10 with bonus credits up to the amount of $300.
No Deposit Bonus Credit Reward Structure- Bonus credits are released in two tranches
15 Days from account opening
30 Days from account opening
More than One Account Eligible- Each new MT5 account activates bonus credit evaluation, but the overall combined bonus on all the accounts shall not exceed $300.
Advantages of MIDORI FX Recovery Bonus
This bonus provides a sure feeling among beginners since they are always free to test and acquire skills without much financial risk. Even when your first trades do not favor you, the recovery bonus ensures that you have a chance to keep on trading, thus minimizing possible losses.
Requirements for Being Eligible for the Recovery Bonus
The trader must fulfill the following qualifications for the recovery bonus:
Account Balance Condition – If your MT5 account balance was less than $10, after 30 days of opening of the account, then you can accept the No Deposit Bonus.
No Withdrawals or Transfers – Transfer or any withdrawal made from the MT5 account within the first 30 days of account opening will nullify your rights to claim the bonus.
Know Your Customer/Client Identification Check – KYC verification will be required. Acceptance of identification documents is required and must be verified to take the bonus.
Bonus Usage – Bonus credits are not withdrawable but useful for trading. All earnings from the trading using credits received with the help of a recovery bonus are withdrawable in full.
Important Notes on Recovery No Deposit Bonus
Max Bonus – You may have other accounts, that will qualify for bonuses, but the bonus received amount will be only up to $300.
Anti-Money Laundering Compliance – Withdrawals must equal your initial deposit through the same method. After the fully deposited amount has been withdrawn, other methods may be used for further withdrawal.
Bonus Cancellation on Withdrawal – When you withdraw or transfer while still possessing bonus credits, that said credit will be canceled.
Expiration – No trades have been executed within 180 days. All bonus credits remaining will expire.
Prohibited Activities of Fair Trade
MIDORI FX prohibits unfair usage of its bonuses. The following shall be considered as prohibited activities;
Multiple accounts exploitation, which creates and uses multiple accounts with the objective of bonus manipulation
Hedging across brokers or accounts, which employs hedging techniques in multiple accounts or with multiple brokers to exploit bonuses.
Malicious Trading –Any trading to take advantage of bonus features or the zero-cut system is strictly forbidden.
Forbidden actions traders can be delayed in receiving bonuses, be barred from participating in a bonus program, or be deducted from their withdrawals. MIDORI FX has a special monitoring department to identify and prevent these actions.
How to Join the MIDORI FX $300 No Deposit Bonus Recovery Bonus
Participate in the campaign and get the chance to receive up to a $300 recovery No Deposit Bonus through this process:
Opening New MT5 Account – Registration with MIDORI FX during the campaign period shall be qualified.
KYC Verification Completion – Begin by submitting the required identification document for verification and approval through MIDORI FX’s KYC procedure.
Start Trading – As soon as your MT5 account is opened, you may start trading. Provided your balance at any point falls below $10 within 30 days of opening your account, the bonus will be credited.
Bonus Payout– Where you are qualified for a bonus to be credited to your account, this will be paid out over two stages; 15 days from the date of opening the account and 30 days from the opening of the account.
Why benefit from MIDORI FX for your trading?
Midori FX offers competitive trading conditions and a bonus program that encompasses all the varieties for the support of traders on all levels. Having the recovery bonus of $300, the trader can easily trade the markets with risk lowered to a minimal level, and develop his trading experience.
This campaign is highly beneficial for new account holders, as it provides a safety net that does not stop you from achieving your goals in trading due to loss in some places.
Frequently Asked Questions (FAQs)
Q: Can I withdraw the recovery bonus itself?
A: No, you may not withdraw the recovery bonus. But any profit made when trading using the bonus can be withdrawn.
Q: What if I open many accounts?
A: It will be counted as a separate application for the bonus with all new accounts, but the bonus granted on all accounts is limited to $300.
Q: Do I lose my bonus if I do a withdrawal?
Q: Will my bonus credits be lost if I withdraw or move funds?
A: Yes, your bonus credits will expire if you withdraw or transfer your money.
Q: How will my bonus be issued to me?
A: The bonus comes in two tranches: 15 and 30 days after you open a new account, so long as you qualify.
Start Trading on MIDORI FX now!
The MIDORI FX $300 Recovery Bonus will give you a chance to know the world of forex and CFDs with more confidence. Don’t let this offer expire – open your account and cut the risk of trading so you can get this unique recovery bonus from MIDORI FX. For more details or to connect with our customer support, please contact Contact Us.
