FreshForex Provides a Financial Safety Net with Stop-Out Insurance, Offering Traders Up to 50% of Their Deposits Back
November 2024 – FreshForex, a leading online Forex broker, is proud to announce the launch of its innovative Stop-Out Insurance, designed to protect traders from the financial impact of poor trading decisions. With this unique offering, FreshForex aims to provide traders with a “financial cushion” to recover and continue trading in the event of a stop-out.
The new Stop-Out Insurance service ensures that traders who experience losses will receive 50% of their insured funds back, helping them to stay in the market and potentially recoup their losses. The insurance payout can be used to resume trading, while the deposit balance remains safeguarded from total depletion.
Key Features of FreshForex Stop-Out Insurance:
- 50% Return of Deposit Amount: Traders are eligible to receive a 50% payout of their insured balance in the event of a stop-out.
- Unlimited Number of Payouts: There is no limit to the number of times traders can receive insurance payouts.
- Maximum One-Time Payout of $2,500: Each payout is capped at a maximum of $2,500 (or the equivalent in other currencies).
- Flexible Coverage for Each Deposit: Every deposit of $500 or more is covered under the insurance terms.
How to Activate Stop-Out Insurance:
Traders can easily activate the Stop-Out Insurance by following a few simple steps:
- Open a trading account and complete the identity verification process.
- Enable Stop-Out Insurance within the Client Area.
- Make a deposit of at least $500 (or equivalent in other currencies).
The promotion is valid from August 7, 2019, until November 30, 2024, and is available for Classic MT4 and Market Pro MT4 accounts. To qualify for the insurance, deposits must be made from external sources (payment systems) during the promotion period, and the account must not be part of any other ongoing promotions.
Comprehensive Terms of Stop-Out Insurance:
- Insurance Event: Occurs when a trader’s position(s) is closed by a stop-out and no open positions remain in the account.
- Insurance Payout: The insurance payout is calculated as 50% of the balance of deposit operations (deposit minus withdrawals) between the last insurance payout (or the activation of the promotion) and the insurance event (stop-out).
- Payout Limit: The maximum payout for a single insurance event is $2,500 (or equivalent), and the total amount of payouts is not limited.
- Usage of Payout: The insurance payout can be fully used for trading but is not available for withdrawal or transfer to another account.
In case a trader has open positions or generates profits, the insurance payout remains on the “Credit” field until it is deducted after three working days or under specific conditions outlined in the promotion terms.
FreshForex’s Commitment to Traders
FreshForex is committed to supporting traders with risk mitigation tools that allow them to trade with confidence. The Stop-Out Insurance is just one example of how FreshForex is working to make the trading experience safer and more rewarding for both new and experienced traders.
By providing this insurance product, FreshForex aims to reduce the fear of complete deposit loss and give traders the opportunity to regain their footing after an unfortunate market move.
For more information on how to activate Stop-Out Insurance, please visit FreshForex’s official website or contact customer support.
About FreshForex
FreshForex is a reputable online Forex and CFD broker offering a wide range of trading services to retail traders globally. With a focus on transparency, security, and customer support, FreshForex provides traders with the tools and resources needed to succeed in the dynamic world of online trading.
