Do not invest more money than you can afford to lose.
Automated forex broker RoboForex said on Monday it has set new annual percents payouts for active clients and brokers can receive a bonus of up to 10% of their account balance if they have more than 1,000 traded lots in their trading history. The new conditions came into effect from 1 July, 2016.
The program, called “Up to 10% on account balance”, is an improved and renamed version of the “% on available funds” program that RoboForex previously offered. The largest difference is that the trading volume clients have to make to receive additional income is 10 times less than before.
Depending on the trading volume of their accounts, traders can receive different percentage of their funds. Those who have traded up to 10 lots will get 2.5% of their balance back; those with 10-1,000 lots will get 5% of their balance back; and those with more than 1,000 traded lots will get a payout equal to 10% of their account balance.
Investors receive the money in their account balance and can either withdraw it, or use it to increase their buying power.
Each RoboForex clients is eligible to partake in the program. The only requirements are that traders need to use a live trading account and have at leastone traded lot. Traders can trade on their own, copy transactions via CopyFX, RoboForex’ copy trading platform, or copy transactions to their account within the framework of MQL5 signals service.
Payouts are automatically transferred to clients’ accounts each month, but only if their trading account’s volume is more than one standard lot.
RoboForex offers a wide selection of bonus programs and offers. A couple of weeks ago, the broker also lowered the deposit requirements on its Tradable Bonus up to 50% program. In addition, since the beginning of July, its cashback program has also been altered to include clients with just 10 lots traded on their accounts.
RoboForex provides trading in currencies, metals and contracts for difference (CFDs). The brokerage group is headquartered in Cyprus’ Limassol and has representative offices globally. It consists of the holding company RoboForex Financial Group, and its units Cyprus-regulated RoboForex, Belize-regulated RoboTrade Ltd. and New Zealand-based RoboForex LP.
Source: RoboForex
