RIYADEX ─ 50% + 20% Deposit Bonus

Broker Details

Broker Name
RIYADEX

Penguin Meter

Bonus Description
50% First Deposit + 20% Subsequent Bonus

Expiry Date
On Going

Deposit Bonus Details:

RIYADEX offers a deposit bonus promotion that gives trading credit on a client’s first and subsequent deposits. Clients receive a 50% bonus on their first deposit (FTD), up to a maximum of $500, and a 20% bonus on all eligible subsequent deposits. The bonus is used as trading credit to support margin and trading activity, but it is non-withdrawable. Profits generated from trading with the bonus can be withdrawn according to standard conditions.

How to acquire the bonus:

1. Clients must open and maintain a live trading account with RIYADEX Financial Markets LTD to qualify for the bonus promotion.
2. Clients must make a real deposit of at least $100 to activate the bonus offer.
3. The first deposit after account opening (FTD) receives a 50% bonus, capped at $500.
4. All subsequent deposits after the FTD receive a 20% bonus.
5. Accounts using leverage higher than 1:500 are not eligible for the promotion.

Important things to know:

1. Maximum total bonus per client is $20,000 in base currency.
2. Bonus funds are non-withdrawable, but trading profits generated from the bonus can be withdrawn.
3. Any withdrawal from the trading account results in full bonus removal.
4. Open positions during bonus removal require sufficient margin to avoid stop-out or liquidation.
5. Bonus cannot be transferred between accounts and applies only to real deposits (excluding internal transfers, rebates, or commissions).
6. Prohibited trading includes arbitrage, high-frequency scalping, bonus exploitation hedging, multiple account usage, and concentrated trading strategies.
7. Clients must maintain sufficient margin at all times; equity may fall below safe levels without warning (including at or below 80%).
8. The promotion cannot be combined with other offers, and violations may lead to bonus cancellation, profit removal, or account termination.