Trying Out Forex Metal

Today I tried a $ 100 bonus program offered by the Forex Metal. Without a word more, the following rules for bonus programs they offer.

“No Deposit” sign-up bonus!

1. Upon opening of an account and provision of copies of ID documents as maybe required, a customer receives a $100 “no deposit” welcome bonus.
2. Only new customers are able to receive the $100 bonus under this promotion. Customers who previously received a similar no deposit bonus under a different promotion are not eligible for this bonus.
3. The customer can make trades immediately after the bonus is credited into the account using the 1:200 trading leverage. All bonus accounts are “no swap” accounts.
4. Funds maybe withdrawn from the account providing that the customer completed a minimum of 50 bonus points worth of trades during 2 calendar months from the time of receiving the bonus. Every forex pair and instrument has an assigned bonus point value to it. For the list of instruments and values click here
5. No funds related to the no deposit bonus could be withdrawn from the account before the trading conditions are completed. When the trading requirement of 50 bonus points has been completed, the trader must either stop trading and withdraw the funds from the account (except the $100 bonus) or make an additional deposit of no less than the equity in the account to continue trading. This additional deposit will be eligible for a first deposit bonus of 35% or maximum $15,000.

Examples:
A. Customer receives the $100 no deposit bonus and starts trading. 3 weeks later customer has completed enough trades to collect 50 bonus points and his profit is equal $200. $100 is removed from the account. $200 remains as the customer’s profit and can be used or withdrawn at any time.
B. Customer receives the $100 no deposit bonus and starts trading. A few weeks later customer has completed enough trades to collect 50 bonus points. And his profit is equal $300. Customer deposits another $400 into the account and wants to continue trading. Customer can receive an additional bonus of 35% of $400 deposit and continue trading. $100 no deposit bonus is removed from the account. The customer has a total of $840 ($300 + $400 + $140) remaining in the account.
C. Customer receives the $100 no deposit bonus and starts trading. 2 months later the customer has a total balance of $170, but the 50 bonus points are not accumulated yet and no additional deposit has been made during the period of 2 months. All $170 are removed from the account.
Customer can make a new deposit into the account and receive a 35% bonus on it. D. Customer receives the $100 no deposit bonus and starts trading. A few weeks later customer has only $50 left in the account and deposits another $200. By the end of the 2 months period the customer has $500 in the account, but 50 bonus points have not been accumulated. $100 bonus money is removed from the account, $400 remains in the account.
E. Customer receives the $100 no deposit bonus and starts trading. During the course of 2 months customer deposits another $200 into the account. At the end of the period the customer has a total of $500 in the account, but the 50 bonus points have never been completed. $100 bonus is removed from the account. The customer can withdraw the remaining $400.
Special conditions:

1. If you are caught opening multiple accounts under different names in order to claim the bonus or cheating in some other way, we reserve the right to cancel the bonus and all the profits that have been accumulated as the result of the dishonest conduct.
2. Only one bonus per IP and per telephone number is allowed.