PLUS 20% ACCOUNT TOP-UP (BONUS)
x500 LEVERAGE
100% PROFITS
NO LIMITS
XLTRADE PLUS ACCOUNT | XLPLUS
Below we describe the procedure of how to trade on an XLTRADE Plus Trading Account.
MARKET ACCESS
XLTRADE provides Direct Market Access by means of its Advanced XL Technology.
ORDER ANONYMITY
XLTRADE routes orders to Liquidity Pools that conceal positions to avoid being taken
by counterparty action.
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TRADABLE MARKETS
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Equity Indices
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Single Stocks
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Forex
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Cryptos
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Metals
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Oil
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Commodities
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RAW SPREADS
XLTRADE utilizes a Raw Spread Model on all tradable instruments.
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COMMISSIONS
Low Commissions on all Account levels.
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ACCOUNT LEVERAGE
The trader may utilize a maximum Leverage of x500.
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ACCOUNT TOP-UP | ACCELERATION CAPITAL
XLTRADE tops up the trader's deposit by twenty percent (+20%).
EXAMPLE
If the trader makes a deposit of $ 2,000, XLTRADE adds $ 400 to the Account Deposit (+20%).​
LEVERAGE
The trader may maximise his/her profit potential by exploiting the maximum leverage (x500) based on the Accelerated Capital provided by XLTRADE.
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EXAMPLE
If the trader makes a deposit of $ 2,000 and receives the top-up of +20% by XLTRADE ($ 400)
the trader trades on a Live Account of $ 2,400. To increase the profit potential, the trader may exploit the leverage (x500) based on the $ 2,400 Account (Maximum Trading Exposure = $ 1,200,000).
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ACCELERATION CAPITAL
The trader receives the Acceleration Capital (Account Top-up) immediately once the Account is activated by XLTRADE.
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ACCELERATED ACCOUNTS
The trader may trade on XLTRADE Plus Accounts as follows:
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USD 500 | USD 600 (+20%) | USD 300,000 (x500)
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USD 1 000 | USD 1 200 (+20%) | USD 600,000 (x500)
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USD 1 500 | USD 1 800 (+20%) | USD 900,000 (x500)
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USD 2 000 | USD 2 400 (+20%) | USD 1,200,000 (x500)
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Higher levels on request
NUMBER OF ACCOUNTS
The trader may open and maintain accounts of any level without limits. However, XLTRADE at its sole discretion is entitled to limit the number of accounts of a trader or reject traders from account opening.
RELEVANT TIME ZONE
The relevant time zone for all trading is GMT.
ACCELERATED ACCOUNT SUMMARY
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XLTRADE ACCOUNT TOP-UP +20%
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PROFIT ACCUMULATION UNLIMITED
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STRATEGY RESTRICTION NONE
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LOT SIZE RESTRICTIONS NONE
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STOP-LOSS REQUIREMENT NO
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AUTOMATED TRADING YES
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POSITIONS OVERNIGHT YES
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TRADING ON NEWS EVENTS YES
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POSITIONS OVER THE WEEKEND YES
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PROFIT ACCUMULATION
The Profit Accumulation on an Accelerated Account is unlimited.
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INCREASE OF DEPOSIT
At any time, the trader may increase his/her deposit (minimum $ 500).
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PROFIT WITHDRAWAL
The trader may request his/her profit withdrawal on any Business Day (Monday - Fri) after the Initial Withdrawal Lock-up Period.
Withdrawals may be made via direct bank wire and Crypto. Upon withdrawal request, the trader will be asked to provide bank details and/or a Crypto link.
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WITHDRAWAL LOCK-UP PERIOD
Withdrawals are subject to an initial thirty days (30 calendar days) Withdrawal Lock-up Period that starts from the date the trader has commenced trading.
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WITHDRAWAL DAY​
The trader is entitled to request profit withdrawals on any Business Day generated from his/her initial deposit and the Acceleration Capital provided by XLTRADE (+20%). At its sole discretion, XLTRADE is entitled to reject or limit the withdrawal on a Withdrawal Day.
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The trader is required to submit the withdrawal request to XLTRADE three (3) calendar days prior to the Withdrawal Day.
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In the event, that the trader requests the withdrawal of his/her profits, all positions/orders must be closed/deleted EOD (End of Day) on a Withdrawal Day. If the trader maintains open positions/orders at the end of a payout day, the withdrawal request may be denied.
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MINIMUM TRADING DAYS
There are no minimum trading days to qualify for profit withdrawals.
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DEPOSIT WITHDRAWAL
An initial Deposit Withdrawal Lock-Up Period of 30 calendar days (30) is in place starting from the date the trader has opened the account. Thereafter on any Business Day starting from the date the initial lock-up period has ended, the trader may request the payout of his/her deposit.
An administration fee of ten (10) percent, subject to a minimum of $ 370, will be charged for the return of deposits in inactive accounts. An inactive account is an account with less than fifteen trading days.
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​ACCELERATED CAPITAL & DEPOSIT
The Acceleration Capital provided by XLTRADE and the deposit of a negative account (caused by losses of the trader) can not be withdrawn.
ACCOUNT SCENARIOS
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The sum of open positions (PnL) may not exceed the Account Balance (Deposit + Top-up).
The Equity (Deposit + the Top-up + Accumulated Profits) is the limit. -
The Position Margin may not exceed the Deposit + Top-up + Profits (the Deposit + Top-up + Profits are available for Margin Requirements).
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Growth on the Account provides extra cushion to increase the trading potential (no trailing drawdown levels).​
DEACTIVATION
An XLTRADE Plus Account will turn unable to trade if the open PnL (Profit + Loss = the sum of all open positions) drop to an account balance of zero.
The Deposit + Top-up (Bonus) + Profits (if any) is the limit.
The Account will turn inactive if the Position Margin exceeds the Account Balance (Deposit + Top-up + Accumulated Profits).
​In the event of deactivation, the Account Top-up will be withdrawn from the account.
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LIABILITY
The trader is not obliged to settle negative account balances.
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POTENTIAL & RISK
POTENTIAL
The XLTRADE Acceleration Capital + Account Top-up (Bonus) + x500 leverage dramatically increases a trader's potential to generate outstanding profits in the markets.
RISK
The trader may lose the Deposit caused by risky trading.
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TERMINATION
​In the event of account irregularities, legal/regulatory/technical issues, risk issues, inactivity or other issues, XLTRADE is entitled to terminate an Account at any time. The trader acknowledges that XLTRADE is not obliged to provide detailed reasons for Account Termination. In the event of Termination, XLTRADE returns the Deposit to the trader within ninety Calendar Days.
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CONFIDENTIAL INFORMATION
The communication in connection to XLTRADE Plus Accounts (emails, messages, account statements, a.s.o.) is strictly confidential and must not be made public. XLTRADE reserves the right to take legal action in the event of non-compliance. Non-compliance shall be deemed to result in a contractual penalty of $ 50,000.
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ACKNOWLEDGEMENT
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The trader acknowledges that he/she receives an Account Top-up (+20%) plus maximum leverage of five hundred (x500) that increases the profit potential.
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The trader acknowledges that he/she is entitled to withdraw the profits derived from his/her Deposit and the Acceleration Capital provided by XLTRADE (+20%).
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The trader acknowledges that he/she can not withdraw the Acceleration Capital (+20) provided by XLTRADE.
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The trader acknowledges that he/she is entitled to withdraw Profits/Deposits on any Business Day after the initial Withdrawal Period.
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The trader acknowledges that any communication in connection to XLTRADE Plus Accounts is strictly confidential.
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AGREEMENT
If a trader opens a Live Account and receives the Acceleration Capital (XL20) by XLTRADE, the trader agrees and is bound to the conditions above.