What is Futures Trading Bonus?
The Futures Trading Bonus is a special benefit launched by Phemex specifically for futures users. It aims to allow users to experience futures trading products and reduce trading costs, providing them with an opportunity to achieve higher investment returns.
Futures Trading Bonus Distribution Rules
1）The futures trading bonus is directly credited to the futures account, and users do not need to claim.
2）Users can check the bonus distribution records and information in the "Rewards Hub - My Rewards."
How to Use the Futures Trading Bonus?
1）You are not obligated to manually select the bonus, as it is automated.
2）The trading bonus can be used directly as margin to open positions and can also be used together with funds to open positions.
3）The trading bonus can offset futures fees, losses, and funding costs. It will cover 50% of your fees and losses, with the other 50% coming from your own funds. If you have no funds other than the trading bonus, it will cover 100% of the fees and losses.
4）When opening positions, the funds will be used first. If the funds are insufficient, the trading bonus will be used next.
Rules and Restrictions on Futures Trading Bonus
1）The trading bonus can be used with any futures pair and leverage on the platform, with no restrictions.
2）The profit from the trading bonus can be withdrawn, but the remaining bonus will become invalid once transferred.
3）If a bonus remains unoccupied upon expiration, it will automatically be reclaimed by the system.
4）Expired and Occupied Bonus Reclamation Rules：
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When the futures account contains only one bonus and it is used to open positions or place orders, the bonus will be reclaimed upon expiration, resulting in position closure and order cancellation.
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When the futures account contains multiple bonuses with different expiration dates or funds, if a position or order includes bonus, the expired bonus will be subject to reclamation. The system will decide whether to reclaim it immediately based on the risk after reclamation: if there is a liquidation risk, reclamation will be postponed with continuous attempts; if there is no risk, reclamation will be executed immediately, but the liquidation risk of the position will increase, so users should closely monitor their position safety.
Note: Starting 2025-10-20 at 00:00 (UTC), Phemex introduces Expired and Occupied Bonus Reclamation Rules. All bonuses credited to user accounts after this time point will be subject to this rule, while bonuses issued before this time point will not be affected.
5）Transfers of any funds from the futures trading account will lead to the removal of the remaining bonus.
6）Users will receive a system reminder 24 hours before their bonus expires, and another notification after the bonus has been successfully reclaimed. Please check your account on time.
User Notice and Disclaimer:
1）Phemex reserves the final decision-making and interpretation rights regarding the trading bonus and may modify the trading bonus rules at any time without further notice.
2）Phemex reserves the right to cancel the receipt and use of trading bonuses for any user who is suspected of cheating or violating Phemex's rules and regulations.
3）Any malicious attempt to exploit the trading bonus may result in the account being banned.
