Up to 35% spread rebates
The money earned through the Pips Back program is fully at your disposal: you decide whether to use it in trading and make more profits or withdraw it from your account with no limits.
|Spread rebates are available solely to the members of LiteForex's VIP-club:|
Pips Back conditions:
- Promo-code for participation: PIPSBACK
- The promo-code is valid for 30 days from the moment of its activation.
- The promo-code gives Client a right to participate in the Pips Back program that makes partial spread refunds after each trade.
- The promo-code may be activated once a minimum deposit of $500 has been made.
- The program applies to the following types of account: CENT, CLASSIC.
- The promo-code is valid only for the trading account on which it has been activated. Each client may activate the promo-code on each of his/her trading accounts when making a relevant deposit.
- Partial spread refunds are activated as soon as the deposit, to which the PIPSBACK code has been applied, is paid into the account.
- There is no limit to the amount of funds refunded under this program.
- The promo-code may not apply to money transfers made between Client's trading accounts.
- Once a trade is closed on the account participating in the Pips Back program, a relevant partial spread refund is automatically and instantly paid in this account as balance funds.
- Conditions and spread rebate amounts:
- The funds repaid under this program may be used in trading or withdrawn from the account without any limits.
- The funds earned under the Pips Back program are paid in the account on condition that all trading rules applicable to LiteForex's clients are respected (the difference between opening and closing prices must be at least 3 points).
- In case the Client has opened a matched (locking) position whose volume does not exceed (is less than or equal to) the volume of the locked position, the spread rebate is applicable only to the locked position. In case the Client has opened a matched position whose volume exceeds the volume of the locked position, spread rebates are applicable to the locked position in full and to the unhedged volume of the locking position. A calculating error of no more than 1% may occur.
- The Client may claim a spread refund if he/she has conducted a trade using his/her own funds. Spread refunds do not concern trades conducted by use of bonus funds. If the Client’s trading account has a bonus as credit funds and at the moment of opening a transaction Margin exceeds the difference between available funds and credit funds (M > FreeM – Cr, where M means “Margin”, FreeM means “available funds”, Cr means “Credit funds”), the spread rebate amount will be reduced in proportion to the amount of credit funds.
- Those partners whose traders participate in this service are paid commission depending on the amount of rebated spread according to the following scheme:
- For «Bronze» clients receiving repayments of 0.3 points, the partner is paid 0.7 points;
- For «Silver» clients receiving repayments of 0.4 points, the partner is paid 0.6 points;
- For «Gold» clients receiving repayments of 0.5 points, the partner is paid 0.5 points;
- For «Platinum» clients receiving repayments of 0.6 points, the partner is paid 0.4 points;
- For «Elite» clients receiving repayments of 0.7 points, the partner is paid 0.3 points.
- The company has the right to refuse permission for participation in the Pips Back program or payments under the Pips Back program in case of suspicion that Client has used any fraudulent strategies. Also, LiteForex has the right to cancel at any time the funds paid under the program earlier as well as cancel the results of any transactions conducted by use of these funds.
- LiteForex reserves the right to request Client’s further identity information. Should the Client refuse to provide this information or the documents to verify his/her identity and address of residence, LiteForex reserves the right to cancel at any time funds earned through the Pips Back program as well as cancel the results of any transactions conducted by use of these funds.
- LiteForex has the right to amend the conditions of the Pips Back program at any time and without special notification.
- The program conditions will be considered as accepted by the client from the moment of activating the promo-code.
|Available solely to the members of LiteForex's VIP Club. The spread rebate amount varies according to the club status:|