<Base Amount> = <Balance> - <Bonus>
where:
Balance – is the amount of the funds on the account balance.
Bonus – is the total amount of all active bonuses on the account.
The above-mentioned parameters are recalculated every day at 11:59:59 PM.
Trading volume in lots | ||
1-10 | 10 – 1,000 | More than 1,000 |
2,5% | 5% | 10% |
<Per cent Amount> = <Base Amount> * <(Per cents / 100 / 365)>
where:
Base Amount – is the client’s account balance at 11:59:59 PM on the current day.
Per cents – is the per cent rate for this account on the current day, calculated based on all fixed parameters.
Example
Day 1. The account balance is equal to 50,000 USD (without bonuses), and the trading volume is 3 lots. The per cent rate is 2.5%.
By the formula, the per cent accrued amount is:
50,000 * (2.5 / 100 / 365) = 3.42 USD
Day 2. The account balance is equal to 55,000 USD (without bonuses), and the trading volume is 7 lots (3 for yesterday + 4 for the current day). The per cent rate is 2.5%.
By the formula, the per cent accrued amount is:
55,000 * (2.5 / 100 / 365) = 3.77 USD
The per cent accrued amount for two days is:
3.42 USD + 3.77 USD = 7.19 USD
Day 3. The account balance is equal to 60,000 USD (without bonuses), and the trading volume is 12 lots (7 for the previous days + 5 for the current day). The per cent rate is 5%, so the per cent accrued amount for the past days will be recalculated as follows:
Day 1: 50,000 * (5 / 100 / 365) = 6.85 USD
Day 2: 55,000 * (5 / 100 / 365) = 7.53 USD
Day 3: 60,000 * (5 / 100 / 365) = 8.22 USD
As a result, the per cent accrued amount for three days is:
6.85 USD + 7.53 USD + 8.22 USD = 22.6 USD
Day 4. The account balance is equal to 60,000 USD (without bonuses), and the trading volume is 12 lots (12 for the previous days + 0 for today). The per cent rate is 5%.
The per cent accrued amount for this day is:
60,000 * (5 / 100 / 365) = 8.22 USD
The per cent accrued amount for four days is:
6.85 USD + 7.53 USD + 8.22 USD + 8.22 USD = 30.82 USD
If there are 30 days in the month, during which the trading volume is less than 1,000 lots, the per cent rate is 5%. There are no open positions on the account and the account balance has not changed (no deposit/withdrawal has been made). In this case, 8.22 USD will be accrued on the account daily for the remaining 26 days.
On the first day of next month, the following amount will be transferred to the account:
30.82 USD (for the first 4 days) + 8.22 USD * 26 (for the remaining 26 days) = 244.54 USD