Tag: freshforex

Starting with 3 Schemes Megarebate FreshForex again presents cashback promotion that you can choose to maximize your profits. What’s different with the cashback program this time? In 3 Megarebate Schemes you are free to choose whether you want to get a rebate for every lot of transactions that are profit, loss, or every transaction.
While in the rebate program this time the rebate you get is not only calculated based on trading volume but also the existing margin of your account.

As you can see in the table above, the amount of your trading volume per week affects the percentage of rebate per year. Although this program is advertised as 120% per year on margin, rebates are paid weekly. The following is an example of rebate calculation that you can receive every week.

The Client closed trades with a total volume of 26 lots for a week. The value of Margin at night on Saturday, Sunday, Monday and Tuesday was $ 1400, on Thursday it was $ 1000, on Wednesday and Friday there were no open trades. Then, if all the Promotion terms are fulfilled, the reward will be ($ 1400 + $ 1400 + $ 1400 + $ 1400 + $ 1000) * 120% / 360 = $ 22.

This 120% per Year on margin program cannot be combined with previous rebate programs. You can activate this program through the client area if your account is a Classic MT4 and Market Pro MT4 accounts.

Things you need to know

• Margin for locked positions is not taken into account when calculating the daily Margin value.
• Any withdrawals from accounts including internal transfers shall cancel the reward accrued based on results of a trading week.
• If there are bonus funds in the account in the “Credit” field, the interest payment on Margin will be calculated in proportion to the amount of the Clients own funds (“Funds” – “Credit”).
• The volume of trades closed with a zero financial result is not taken into account in this promotion. For example, a trade with of 1 lot is closed with a profit of $ 10, a swap of $ 6 and a commission of $ 4, so the final financial result of the trade is $ 0, so 1 lot will not be taken into account in a closed volume for the week.
• The minimum amount of reward per week cannot be less than 0.01 units of the account currency. The maximum reward amount per week cannot exceed 100 USD.

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FreshForex offers its clients a unique opportunity to insure transactions and make additional profit. In this promotion program, FreshForex provides a cashback option that you can receive, which is to divide into three schemes that you can choose from. You can choose a scheme that suits your trading style.

The first scheme is $ 20 for every lot you trade and closes with a loss position. This scheme is suitable for those of you who trade with high risk so that you can minimize losses in your transactions.

The second scheme is more suitable for those of you who are experienced traders who want additional profit from your already stable transactions. In this scheme you will get $ 10 for each lot of close profit trades.

The last scheme will be more familiar because this scheme is often found in other brokers. In this scheme you get $ 5 for every lot you trade with a profit or loss result. This scheme is recommended for those of you who are just starting to trade on the forex market.

In this program you can use Classic MT4, Classic MT5 or Market Pro MT4 account types. To join this program you only need to register and verify the account and activate the scheme you want. Cashback is paid at the end of the week. You are given the opportunity to change the type of scheme once a week for all Forex asset transactions, CFDs on metals, stocks, energy, indices and cryptocurrency.

Because of the vulnerability of the cashback system in forex, there will usually be rules and conditions that must be met in every transaction to be counted to get cashback. In this case each transaction must meet the MTT and MTP standards.

MTT stands for Minimum Time of Transaction, where the minimum time when a trade is on the market (the difference between Open and Close Time) is 1 minute.

MTP stands for Minimum Result of Transactions in points where the minimum profit or loss of a trade is on the market measured in points (the difference between Open and Close Price). With this being said, choose a scheme that suits your trading style and obey the MTT and MTP. You can use cashback / rebate every week to make transactions or withdraw without restrictions.

[Info_Box]Read on this FreshForex Promotion page for more detail.[/Info_Box]