The minimal amount is $5, while the maximum amount from a single trade cannot exceed $100. The maximum aggregate amount that can be obtained under our CashBack program is $1000.
Link – CashBack Loyalty Program
CASHBACK CALCULATION –
The amount of CashBack, which can be obtained via our “TenkoFX CashBack” program, is based on the margin that is involved in all trading accounts of the client in the first three months of trading since the account registration with the company.
The standard commission or the percentage of the TenkoFX commission is a key value that is used in all CashBack calculations and partner remunerations at all levels.
The standard commission is equivalent to 2.4 points for a completed trade on STP-accounts and 15% of the commission on ECN accounts.
To calculate the CashBack amount, the standard commission is multiplied by a coefficient, which depends on the total involved margin on the accounts of a particular client. In the table below, you can find all the coefficient values for the CashBack calculation. On the right side of the table you can see an example of CashBack calculation for the Standard Commission ($15).
|
Used Margin Range |
Cashback |
Example: |
|---|---|---|
| < 5 000 $ | 150% | 22.50$ |
| 5 000 $ – 15 000 $ | 105% | 15.75$ |
| 15 000 $ – 50 000$ | 70% | 10.50$ |
| 50 000 $ – 130 000 $ | 45% | 6.75$ |
| 130 000 $ – 400 000 $ | 25% | 3.75$ |
| 400 000 $ – 1,05 mln $ | 10% | 1.50$ |
| 1,05 mln $ – 2,5 mln $ | 0% | – |
| 2,5 mln $ – 5 mln $ | 0% | – |
| > 5 mln $ | 0% | – |
To get a more in-depth image of the CashBack calculation example presented in the table above, check the chart below. You can see how the amount of CashBack is reduced as the total involved margin in the accounts of a particular customer grows. CashBack is especially advantageous for beginners who trade in small volumes.