Bonus Terms of the Brokerage Company Myexpert100
-
Maximum Bonus Amount:
-
The client is entitled to receive bonus funds of up to 100% of the total invested amount.
-
The total invested amount is calculated as the difference between the deposited and withdrawn amounts.
-
Example: if the client deposited $5,000 and withdrew $2,000, the total investment amount is $3,000. The maximum bonus amount provided to the client in this case would be $3,000.
-
For Awaiting Deposit, the bonus may be provided in advance, up to 100% of the Awaiting Deposit amount.
-
-
Bonus Grant Conditions
-
Bonus funds are provided to the client only upon the addition of new funds to the trading account.
-
The bonus may only be used to increase trading capital and cannot be withdrawn or used outside of the Myexpert100 platform until the conditions for its usage are met.
-
Bonus funds cannot be used to cover trading losses. If the client's trading account balance becomes negative, the bonus funds are canceled.
-
-
Withdrawal Conditions with Bonus
-
If the client receives bonus funds, withdrawal of any funds from the trading account is not possible until the client:
-
Fully meets the bonus requirements, according to the conditions set below;
-
Or deposits an amount equal to the received bonus to the trading account.
-
-
Example: if the client received a $1,000 bonus, they can either meet the requirements in point 4 or deposit $1,000 to the trading account to be able to withdraw funds.
-
-
Conditions for Lot Requirements
-
To meet bonus requirements, the client must complete a certain volume of trades (lots), calculated as follows:
Bonus amount / requirement coefficient = lot volume.
The requirement coefficient is always set at "4".
-
Example: if the client received a $1,000 bonus, they need to complete: (1000 / 4) = 250 lots.
-
Note: Only closed trades are counted towards the bonus requirements. Open positions will not be counted until they are closed.
-
Lots traded by the client before receiving the bonus are not counted towards the requirements for this bonus.
-
-
Conditions for Completing Lot Requirements
-
A lot is considered completed only when the trade is closed with a profit of at least 5% of the amount invested in that trade.
-
Trades closed with less than 5% profit or with a loss are not counted towards fulfilling the bonus requirements.
-
The client can track their progress towards the bonus requirements in the Myexpert100 platform’s personal account.
-
-
Right to Withdraw Bonus Funds
-
After the client fulfills the lot requirements specified in point 4, they gain the right to withdraw the bonus funds along with the main funds on their trading account.
-
The client also has the right to withdraw only the bonus funds without withdrawing the main funds if all conditions for the requirements are met.
-
-
Additional Conditions
-
All bonus requirements must adhere to the rules and regulations of Myexpert100.
-
Myexpert100 reserves the right to make changes to the bonus conditions, notifying clients at least 5 calendar days prior to the effective date.
-
Receiving the bonus implies acceptance of these terms.
-
Bonuses cannot be credited without the client’s consent.
-