How to activate and use the trade bonus

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12.08.2024
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A trading bonus is a cool bonus we give you for trading. So you can start earning right away!

If you’re reading this article, chances are you’re already on the list of those who are entitled to a trade bonus! Just get it.

2 steps Get a Trade bonus

First of all, you must make your deposit. Then you can trade and activate the Movo bonus. It’s an automatic process. The money will be credited to your account as soon as the two conditions are met. After all, Movo has to make sure that you want to trade! πŸ˜‰

How to deposit

  • Click “Deposit in the upper right cornerYou can fund your account in USD fiat currency through the official online payment system of the Central Bank of Brazil β€” Pix. 
  • Now enter the amount you want to trade for. But for your profit to be tangible, we recommend you add $50-100 to your balance at once. Agree that making $100 is easier from the same $100 than from $10. Within minutes, your account will be funded.
  • Now choose the asset of your choice and trade.

How to start trading

  1. Go to the Movo App.
  2. Π‘hoose an asset, multiplier and direction.
  3. The only thing left to do is to press the Long or Short button. Depending on where you think the price will go (rise or fall). Read more details here.

Learn about trade positions in the article “How to trade longs and shorts“.

When will the bonus be credited?

The money will be credited to your Movo balance in the USD amount specified in the promotion. The bonus is credited without commission, in the full amount stipulated in the terms and conditions of the promotion.

What can you do with the bonus?

The bonus allows you to:

  • buy and sell assets;
  • trade crypto and stocks on the platform;
  • replenish the account with your own funds and trade with the bonus funds;
  • withdraw earned profits.

Even if you lose bonus funds on a trade, there is no need to return them.

Withdrawal

We guarantee that you can withdraw your own money deposited on Movo at any time if it is not in an open position. Also, you can always withdraw your earned profit (made by trading on personal funds and bonuses). But you can withdraw the trading bonus from Movo only after the trading commission amount reaches the bonus amount.
For example, if you received a bonus of 20 USD, but earned 2 USD and open a position for 20 USD, you will not be able to withdraw 2 USD. It is necessary that at the moment of withdrawal bonus funds are in the available balance and then the system will be able to distinguish the bonus funds from yours.

Read more to trade better:

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