Promo codes are special alphanumerical codes which allow you to receive a discount on trade fees, overnight financing or receive a deposit bonus on PrimeXBT.
Promo codes are generally found across the internet in relevant trading communities, blogs, and social media platforms, but may also be issued individually.
Go to the "Account' section:
Select the Margin account on which to activate the code
Enter your code
You will now receive one of the following messages:
All successfully activated Promo campaigns as well as account status discounts will be reflected in the 'Campaigns' module. To cancel an active Promo, click the 'X' button:
It is important to remember that each promo campaign is subject to a unique set of rules and conditions! To review the rules and conditions for each separate Promo type, click on the icon opposite the Promo type:
If activating multiple promo types, it is also important to note that: - only 1 Reward promo type may be active at a time - multiple active Trade Fee discount promo types are NOT additive; only the highest active trade fee discount will be in effect at any given time If attempting to activate 2 campaigns of the same type, a notification window will pop-up:
Upon account creation clients may receive an offer to claim a Welcome Bonus. This bonus will provide a unique reward upon the users first eligible deposit within the specified time frame (upon logging in, the Welcome Bonus countdown timer reflects the amount of time remaining until the end of the offer):
Welcome Bonus does not require the activation of a unique promo code.
(for a quick and easy-to-understand guide on how to Deposit to your Wallet and Transfer funds to your Trading account see Quick start tutorial)
Once this offer has been claimed, a Reward will be activated on your Trading account.
This bonus is subject to a unique set of rules and conditions:
The bonus will be reflected as 'Reward' on your Trading account.
Bonus cannot be withdrawn from Trading account.
Bonus will be active for up to 30 days after activation and will be removed from Trading account after it.
Bonus is added to your account Equity and thus can be used as additional collateral to open positions.
Any withdrawal of your own funds from Trading account to Wallet will automatically remove the full amount of Bonus provided. Withdraw funds from your Trading account ONLY when available margin is sufficient and you are comfortable to continue trading without provided Bonus.
Bonus can be used to cover negative balance:
Balance may become negative in case of trading loss. You can continue trading with the negative Balance as long as it does not exceeded the Bonus and the Trading account Equity remains positive.
In case Balance of client's Trading account is negative when the Bonus is removed, the balance will be cleared to 0 upon Bonus removal.
Once the negative balance exceeds Bonus due to trading losses and/or fees and commissions paid, the Bonus is considered to be spent. It will be removed from the account, and the account’s Balance will be cleared to 0.
Details of the Welcome Bonus: - Bonus type: $200 worth of the deposited asset (tradeable) - Activation window: 24 hours - Active for: up to 30 days after activation - Activation trigger: first transfer to Trading account (must be equal to or more than the minimum amount reflected in the Welcome bonus offer)