ForexBrokerInc alters VIP program to depend on deposit, traded amount

ForexBrokerInc alters VIP program to depend on deposit, traded amount


The largest US forex broker

Do not invest more money than you can afford to lose.


Online forex broker ForexBrokerInc said on Monday it has launched new VIP status account program for traders, which depends on the total deposit amount or the traded volume, rather than on the method of payment traders use. To become holders of a VIP status account, traders need to deposit a minimum of $5,000 or execute trades with a combined value of at least $2.5 million.

The broker has also introduced a new VIP account type, called VIP Plus status account, where traders are required ti deposit a minimum of $15,000 and trade at least $5.0 million.

Clients who have already met the above-mentioned conditions will automatically be eligible for VIP status accounts, while those that are already holders of such accounts will retain the status.

Holders of VIP accounts can benefit from the services of an accound manager, as well as from the no-fee deposits and withdrawals, since the broker charges no fees and waives all third-party commissions and charges. In addition, VIP traders can partake in the upcoming forex tournaments and monthly raffles.

VIP Plus status accounts also provide free VPS, advanced set-up for the MetaTrader (MT4) trading platform, and subscription to trade recommendations.

In addition to the VIP status account programs, ForexBrokerInc also provides a welcoming bonus for newcomers and loyalty bonuses for existing members who make new deposits of at least $100. It also offers a weekly nonfarm payroll competition where traders need to guess, in addition to the above-mentioned forex tournaments and monthly VIP raffle.

Generally, ForexBrokerInc offers ECN Micro and ECN Standard trading accounts, as well as Pro accounts with a minimum deposit of $100.

ForexBrokerInc accounts

Source: ForexBrokerInc

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