Promotion Rules:

• The maximum amount of bonus available for winning for the first investment of your friends on Phase Forex is $300.

• Only active traders on Phase Forex are eligible for the referral bonus.

• Any member may use this promotion without any limitation. In other words, one may be entitled to up to 15% of the first investment of each friend they refer to Phase Forex as a bonus. Such referred friends are also eligible for a 30% Welcome Bonus for their first investment.

• For both sides to be eligible for their respective promotions, the friends referred to Phase Forex should deposit minimum $100 to their account.

• The maximum amount of referral bonus available for the first investment of each friend is $300.

• The amount of bonus earned acts as a reinforcement to raise the level of margin in the forex transactions, and cannot be withdrawn. However, the yield made by using the bonus can be withdrawn. In case of a stop-out, if the amount remaining in the account of a trader after the stop-out is equal to or less than the bonus they received, no withdrawal request may be made for the balance since it is equal to the bonus received. For instance, if a trader who deposits $1000 and receives a Welcome Bonus of $30 reaches the stop out level, and if their account's balance is $300 or below, this amount is deducted from the trader's account.

• Simply contact Live Support to sign up to the campaign.

• If a trader is found to engage in illegitimate activities or cheating, their Phase Forex account shall be suspended without any excuse. Where necessary, the account shall be terminated.

• Phase Forex reserves the right to change the rules of this promotional offer or terminate it altogether. It is the trader's responsibility to observe the updated rules of any promotional offer.

• Based on the company's criteria and policy, if a trader requests and approves withdrawal of an amount equal to the amount they traded, the amount of bonus defined to their account is deleted.