Forex Zone Transfers To Brokers

The Forex Zone forum pays out for some of it's contests & promotions in the form of trading money into member's trading accounts. Here are the details about such transfers. Any changes or clarifications will always be reflected in this 1st post.

The following brokers allow for direct transfers from IB (eg. Forex Zone) account balance into the referral's (eg. you) trading account: FxOpen, FxGlory, Kinesis, and UnitedPips.

The following broker can only be deposited from Forex Zone using Crypto: LMFX and  XM .


Important Notes:

• You must have an account opened through the links provided. The account must show up as a referred account or funds won't be transferred.
• Accounts should be verified by passing the broker's full KYC requirements. It is a one-time process. You may be asked for proof (eg. screenshot) showing you have passed their full KYC procedure if you have not already done this.
• The same trading account can be used for different forum contests & promotions. So it is recommended to have your trading account ready since there are multiple ways of winning from this forum. Getting your account opened and ready is a one-time process that may have long-lasting benefits.
• These contests & promotions are operated by the Forex Zone forum and are completely independent from the brokers. Do not contact the brokers with any questions or concerns since it will be a waste of time. Send all questions or concerns about Forex Zone contests & promotions to the Forex Zone administration or post them on this forum.

PLEASE READ:

Most brokers do not want to be considered as money exchange services. They must also follow regulations. Therefore, since funds are being transferred from a different person (eg. Forex Zone) other than the account holder's name, the brokers have additional rules for withdrawals. It by no means they are a scam. Below are the rules for each broker.

FXOpen - If profit is made, the original funds from Forex Zone must be returned back. Then all profit can be withdrawn like normal.

Example: Forex Zone transfers $100 to your account. You trade with this money and profit $50. You decide to stop trading and want to withdraw profit. You transfer the original $100 back. Then you can withdraw the remaining profit as you normally would.

FxGlory & UnitedPips - If profit is made, the original funds from Forex Zone AND also the profit must be returned back.

Example: Forex Zone transfers $100 to your account. You trade with this money and profit $50. You decide to stop trading and want to withdraw profit. You transfer the original $100 you got for free AND the profit you want to withdraw back to Forex Zone. You will then receive the profit from Forex Zone (contact Admin by PM or email 'admin@forex.zone' to arrange this).

LMFX- There are no known restrictions on withdrawing trading money or profit.

Kinesis - There are no known restrictions on withdrawing trading money or profit.

XM - There are no known restrictions on withdrawing trading money or profit.


Note for FxGlory, FxOpen, and UnitedPips only: If original contest/promotion funds are sent back to Forex Zone, they will not be returned back to you. It is a one-time event per contest/bonus. Unless you win another contest/bonus then the process can start again. So you can keep trading with the money as long as you like. Whenever you are ready to cash out, the process is done.

Note for LMFX and XM only: These brokers do not have account-to-account transfer functionality. So deposits will be made to these brokers using cryptocurrency. Therefore, your unique deposit address will be needed to make the deposit. You must copy/paste your unique deposit address exactly as provided by the broker. You will also need to send a screenshot from within your back-office which shows this unique deposit address.


To summarize:

The Forex Zone forum allows you to get free trading money with NO RISK. If you profit after trading, YOU ALWAYS KEEP ALL THE PROFIT.


Linkback: https://www.forex.zone/forex-contests/28/forex-zone-transfers-to-brokers/2276/

and that means there is no real prize money given by this forum for the hard work of its members, I am more interested if each post is rewarded with real money even though a little so many interested people, for example, I do a post that I think is good and long but until now I have never won a post weekly contest, and you also did not explain how the system scrambles the winners, it is unfortunate for good writers but not appreciated, my advice give weekly prizes to writers who work hard to make good posts, not necessarily real money can be a deposit bonus such as "forex weekly contest" but all members get it, for example 100 posts will get a bonus deposit ($ 10) that is good with the condition that the post must be long and full, I am sure there will be many interested people

This is not true. Real money is being sent to member's trading accounts. It is not imaginary money. I have to load real money into the IB account before I can transfer to a contest winner's account. Just because broker's have rules in this situation does not mean real money is not being sent.


The posting contest was done differently before. For example, each post was paid for and payments were sent directly by Bitcoin and other methods. The problem is that members cheat and cause big problems. So that was stopped.


The problem with this is that members will start copying/pasting long text from other websites in order to win. Also, members will argue about why their post was not selected or 'good' enough. Having a purely random contest is better.

i think if someone member of this forum copied from another website,,u can banned sir so this forum will be good in future,,no spammers.and i also agree if in every single post reward.

It sounds easy, but going through hundreds of posts all day long and seeing what has been plagiarized is extremely time consuming. I would close the contest entirely before having to do that.

if really want this forum grow up and give good achievment sometimes need a good rule sir,,in my opinion.

if really want this forum grow up and give good achievment sometimes need a good rule sir,,in my opinion.

I'm not sure what rule you are referring to. I think the forum rules are very clear. 

can the post contest bonus also be done like this? what is the minimum WD if I want WD to IB?

maybe a little admin can create a web exchanger, or by adding bonus withdrawal points to the profile