3️⃣Bonuses

Bonuses on Margex: claim your $50 registration bonus, $50 deposit bonus and learn how to get a 50% discount on trade fees when trading long and short on Margex.

Bonuses can be obtained by participating in various Margex marketing campaigns, competitions, events and through special offers. The amount of Bonus funds received will depend on the unique rules and conditions of each separate campaign. A breakdown of bonus balances for all currencies can be found on the Wallet page of your account, in the 'Bonus' column.

How Bonuses Work

After closing a position, up to 50% of trade fees and funding incurred for the trade will be reimbursed from the Bonus balance and credited to your Wallet of the same currency.

Each collateral currency will have a separate bonus balance which is used to cover trade fees/funding only when trading with the same corresponding collateral currency.

For example, if using ETH as margin collateral, only the ETH bonus balance will be used to reimburse trade fees/funding incurred. Bonus balances for one currency will not be used to cover trade fees or funding incurred when trading with another collateral currencies.

A detailed breakdown for each collateral currency, including bonus balances is reflected in the 'Your Balances' section of the Wallet page:

If Bonus balance is 0, any trade fee/funding costs will be accordingly deducted from the trade’s Margin.

All bonus rebates are reflected in the ‘Details’ column of the Transaction History on the Wallet page, as ‘Bonus rebate’ type transactions:

Sign-up Bonus

Sign-up bonuses are aimed at providing traders an opportunity to try out the platform with reduced fees.

When registering an account on Margex, new users are granted a $50 bonus balance for every collateral currency.

To activate these bonuses, simply click on the ‘Deposit’ button for the currencies that you wish to deposit:

These bonuses can only be claimed once for each currency.

First Deposit Bonuses

The First deposit bonus is granted for a trader’s first deposit equivalent to $100 in the deposited coin/token.

Once a qualifying deposit has been completed, the bonus will be automatically credited to the bonus balance for the same collateral.

This bonus can only be claimed once.