Trade Award
Trade Award calculated according to the weekly turnover.
Note that registration, to participate in the bonus program is only possible with type of account ExpertFX with a deposit of USD 1,500 and above. Registration for the bonus program is available in FxBank.
If you have more than 1 account, register each of them!
How is the trading premium works and how do I get it?
Cycle charge consists of two weeks:
-According to the results of the first week you reported, you get the amount accumulated during the week award.
- According to the results of the second week you reported, you get the size of accumulated premiums for the second week .
As a result of a two-week cycle in the trading account is accruing less than two weeks’ Prize. At the third and subsequent weeks of the cycle, cycle is repeated, shifting forward from week to week. If in any of the weeks within calculated period the premious ammount will be 0, the premious for this time will not be calculated.
Summing-up of the trading week is made every Monday at 21:00 GMT. The award is selected based on the size of your deposit and the turnover for the past week.
The award is calculated by the formula: Amount of Award = Turnover * K/10000
Where K is the coefficient from the table calculating premiums, located at the intersection of rows, with the size of the deposit and the size of trade turnover ; turnover- total volume of all trades.
Table for calculating premiums
| Size of the deposit, $ | Turnover | ||
| Turnover minimum | Turnover maximum | ||
| 1500-2400 | less 750.000 | from 750.000 to 1.000.000 | More than 1.000.000 |
| 0 | 0,3 | 0,5 | |
| 2400-5500 | from 750.000 to 1.000.000 | from 1.000.000 to 1.500.000 | More than 1.500.000 |
| 0,3 | 0,5 | 0,75 | |
| more 5500 | rom 750.000 to 1.500.000 | from 1.500.000 to 3.000.000 | More than 3.000.000 |
| 0,5 | 0,75 | 1 | |
How can I monitor the size of my prize?
Every day in the Fxbank, you can see the size of its potential reward in the "Bonus". Information about already accumulated premiums can be obtained under "Reports - The history of bonuses."
Example:
At the beginning of the action your deposit was $ 1500, by the end of the week your trading amounted to 800 000 $. Your premium is equal to the estimated $ 24. During the second week of your trade turnover amounted to $ 2,000,000, and for this reporting period you are entitled to $ 140 as a reward. After two weeks you will receive at his own expense less premium - $ 24. A $ 140 is the starting point of the next (third) week.
When the third week starts the volume of your trades increased to $ 3 million. Reward, which you are entitled to - $ 210. The cycle has turned, and now your account is credited with the lowest premium on the results of two weeks, that is, $ 140.
The action takes place from 28 June to 28 September. The company has the right to limit participation in the program on an individual basis without further explanation.
