November 2024 – OEXN is excited to announce the launch of a special performance-based bonus scheme for Introducing Brokers (IBs) aimed at rewarding those who significantly contribute to the company’s growth. The promotion is designed to incentivize IBs who bring in new retail clients and generate substantial net deposits during the promotional period.
The scheme runs from November 1st, 2024, to January 31st, 2025, with the trading volume for qualifying IBs calculated until February 28th, 2025. The performance bonus will be determined by both the amount of net deposits brought in and the corresponding trading volume, rewarding IBs for their efforts in expanding OEXN’s retail client base.
Eligibility Criteria
To qualify for the bonus, IBs must meet the following criteria:
- Minimum net deposit of $50,000.
- All referred clients must be retail accounts. Institutional clients or partnerships do not qualify for the promotion.
Bonus Structure
IBs can earn bonuses based on their total net deposit and the number of active clients they refer. The bonus is calculated as a percentage of the net deposits brought in, and is subject to a minimum number of active clients and required trading lots.
Bonus Payout Conditions
To qualify for the bonus payout, IBs must:
- Meet the minimum net deposit threshold during the promotion period (November 1st, 2024 – January 31st, 2025).
- Complete the required number of trading lots by February 28th, 2025. Trading is limited to Forex FX and Gold (XAUUSD). Each valid lot consists of 100,000 trading units (industry-standard lot), and only orders held for a minimum of 2 minutes are considered valid.
- Maintain a minimum number of funded accounts with at least one deposit of over $100 per account.
- Payout will be made 15 days after the promotional period ends.
Additional Terms
- Multiple accounts opened by the same IB will only be eligible for one participation in this promotion.
- The promotion cannot be combined with other concurrent offers.
- The bonus will be subject to tax consequences, and participants are advised to consider the risks of trading in Forex and CFDs.
Fraud Prevention & Discretionary Clause
OEXN reserves the right to withhold bonuses if it determines that the IB has engaged in abusive trading practices or has violated the terms and conditions. This includes, but is not limited to, activities such as commission churning, bonus & swap hedging, high-frequency trading, or market manipulation. Ineligible IBs may have their rewards withheld or reclaimed.
Contact
For more information or clarification, IBs are encouraged to reach out to the OEXN IB support team.
About OEXN
OEXN is a global financial services provider that specializes in Forex and CFD trading, offering retail clients and institutional partners access to a wide range of trading instruments. OEXN is committed to providing exceptional services and innovative solutions to clients across the world.
