Prize points are the points used for getting prizes. Prize points calculation is made according to the formula:
Number of traded lots * Loyalty status coefficient
The coefficient depends on the Participant’s Loyalty Status:
As you progress to a new Loyalty Status, your specific Loyalty Status coefficient is increased so that you could get more rewards.
Prize points are credited right after a participant (or his/her first level client) closes the trading order which has the difference between the Open and Close price more than 59 points.
For example, if you open an order at opening price 1.00000 and close it at the price 1.00060 or vice versa.
In case you have both trading account and Partner account, the prize points are credited for your trading and the trading of your first level clients.
- Prize points are not credited for trading with bonus funds.
- Prize points are valid throughout one year from the day of attainment. Points that were not used within the validity period (1 year after crediting) are deducted in the order they were received.
- Prize points will be deducted automatically once the prize is requested.