Your cashback is determined by multiplying the closed traded volume with the corresponding rebate level. The rebate level corresponds to the tier that the volume of each specific trade has reached. The traded volume is calculated based on the notional value of your CFD position, which depends on the contract size and price of the instrument you are trading.
For instance,
Let’s say you trade EURUSD, and your notional volume traded over the month reaches 5 million. Your trade volume falls within Tier 1, entitling you to receive $10 for every million traded. Therefore, your total rebate amount would be $50.
This cashback program is available to all qualified clients.
It is automatically enabled for all qualified clients.
To qualify, your trades must remain open for at least 2 minutes.
Rebates are earned with every qualifying closed position. They are credited and can be withdrawn on the first day of the following month, as long as you remain eligible.
Only positions closed within the month will qualify for the program.
The maximum withdrawable cash from trades is limited to $20,000 per calendar month.