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The bonus is trading credit. It is not your money and cannot be withdrawn. Trading profits are yours.
Withdrawing your own funds removes bonus credit in the same proportion, so your margin level falls immediately.
When equity falls to the bonus amount, the bonus is removed, which can trigger a stop-out at once. A bonus increases your risk; it does not reduce it.
A bonus-funded account can still go below zero. Negative Balance Protection applies as on any account, up to USD 100 per occurrence; the bonus does not increase that threshold.
Depends on account type, client classification and jurisdiction. Not available where prohibited. You can decline a bonus at any time.