To get the bonus, traders need to follow three simple steps:

• Deposit a minimum amount of 50 USD to your Standard trading account
• Contact the broker via email and request the bonus. (support@forexvox.com)
• Start trading as soon as you receive the bonus

The floating bonus comes with certain terms and conditions and it’s important to read them before proceeding with the account funding:

• This bonus is tradable. Which means you will not be able to withdraw it right away. The bonus withdrawal will only be possible after meeting the predetermined trading turnover numbers
• The size of the bonus is 10% of the deposited amount
• Traders need to deposit more than 50 USD to be able to claim the bonus
• The bonus is only available on the Standard account. You will not be able to claim the promotion if you have an ECN account
• The maximum amount a trader can get as a bonus per deposit is 200 USD, and the total amount the client can get within the trading period is 200 USD
• The bonus cannot be withdrawn, however, it can be used in drawdowns 
• In case a trader fully or partially withdraws deposits, the promotion will be canceled
• The bonus is available for 60 days. After the 60 days are passed, the promotion will be canceled
• The bonus is available per account and per client
• If the broker suspects any fraudulent behavior, the bonus will be canceled

The deposit bonus doubles the balance on your trading account. However, it should be mentioned that you will not be able to withdraw the bonus from your account right away. Certain trading turnover requirements need to be met before the broker enables you to receive the actual funds in your local bank account. 

There are three steps to claiming the bonus:

• You need to make a deposit of 100 USD or more on your Standard trading account
• Contact the customer support of ForexVox via email (support@forexvox.com) and request the bonus
• Receive the bonus and start placing orders to reach the turnover numbers

Terms and conditions of the 100% Deposit Bonus:

• Clients can choose between 25%, 50%, and 100% bonus amounts. Because the bonus is not withdrawable right away, some traders will logically pick a 25% or 50% bonus amount, so that they have less trading turnover requirements to meet
• The minimum deposit required to receive the bonus is 100 USD
• The bonus is only available on the Standard account. Similarly to the 10% Floating Deposit promotion, ECN account holders will not be able to receive the bonus. 
• The maximum amount of bonus each trader can receive is 1,000 USD, and the total amount the client can receive within the trading period is 1,000 USD. 
• Only closed orders are counted in the trading turnover and the turnover requirements are counted using the following formula: Number of lots = The Bonus sum in USD / Closed transactions
• If a trader withdraws funds from his trading account, the deposit will be canceled
• The time frame for the bonus to work is 60 days. After the time is passed, the bonus will be canceled
• The broker reserves the right to cancel the promotion if it suspects fraudulent behavior from a trader

Deposit bonuses of Forex Vox are promotional offers to incentivize traders to deposit more funds and trade more actively. While deposit bonuses may appear to be an attractive offer for traders, there are some drawbacks to take into account:

• Increased trading volume: the deposit bonuses offered by Forex Vox can be withdrawn once trading turnover requirements are met, which urges traders to trade more. The main goal of every trader should be to trade the right way and not to trade with oversized positions or too frequently. 
• Increased risks: increased trading volume is associated with increased risks. Taking larger positions or opening orders that are not worth trading can decrease the account balance.
• The bonus is only available for 60 days. This means you need to meet the trading turnover requirements within a short period of time and there might not be the right trading opportunities during that time frame.
• The broker reserves the right to cancel the offer without explanation if it suspects fraudulent behavior. 

To sum everything up, Forex Vox offers a 10% Floating Deposit Bonus and a 100% Deposit Bonus to its clients. Both promotions are non-withdrawable and traders need to meet predetermined trading turnover requirements to be able to receive the funds. In order for traders to receive the bonus, first they need to make a deposit on a Standard account (over 50 USD for the 10% Floating deposit and over 100 USD for the 100% deposit bonus). Secondly, traders need to contact the broker via email to request the promotion and start trading once they receive the bonus. Such promotions, in general, can be dangerous for traders as these bonuses urge traders to trade more, despite the quality of their trades.