What is the Pips+ programme?
Our Pips+ loyalty programme is a way for our most active traders to reduce their trading costs; in other words, to benefit from reduced commission on all Pro accounts. The programme consists of five tiers and all our Pro clients are automatically enrolled.
Am I entitled to this programme?
All of our clients with MT4 and MT5 Pro accounts are automatically enrolled. If you are using one of our Classic accounts, but want to take advantage of our loyalty programme, simply open a Pro account from within your Backoffice, free of charge.
How can I have the commission reduced on my Pro account?
There are two ways you can reduce the commission. You either need to deposit more than $10 000 or trade more than 10 million units of currencies in a month. The more you deposit or the higher your trading volume, the less commission you will be charged on your Pro account. Take a look at the table below for a clearer view of the programme’s structure:
|Tier||Net deposit||Commission*||Traded volume|
|Tier 1||≥ $250 000||$15||≥ $100 million|
|Tier 2||≥ $100 000||$20||≥ $50 million|
|Tier 3||≥ $50 000||$25||≥ $25 million|
|Tier 4||≥ $10 000||$30||≥ $10 million|
|Tier 5||< $10 000||$35||< $10 million|
All figures are quoted in USD
How do I know which Tier I am currently trading in?
A detailed schematic of our programme levels can be found in your Backoffice user profile. Your level is highlighted in green. Please log in to your Backoffice, go to Profile section and choose Pips+.
How do you calculate the trading volume?
The calculation is AUTOMATICALLY processed by the system for the last 30 days. However, if you meet the volume requirements for an upgrade half way through the month, our servers are updated every day at 2am in the summer and 1am in the winter (server time), so you will be immediately upgraded; you will not have to wait until the end of the 30-day period to benefit from improved trading conditions. Please remember that you do have 30 days to meet the requirements, so don’t feel rushed to make a series of irrational decisions to be upgraded.