Bonus Policy – Simply Bit

Bonus Policy – Trading Credit Policy

Introduction

Our company is committed to providing our clients with the best possible trading experience. As part of this commitment, we are pleased to offer a Trade Credit program that can help you grow your trading capital. Under specific circumstances, we are willing to match up to 150% of your client's investment with a trading credit. This policy explains the terms and conditions of our Trade Credit program, including the requirements for withdrawal and the calculation of trade volume.

Minimum Deposit: €100

Execution: Instantly

Profits and Investments

Any profits earned alongside the trading credit are subject to the Trade Credit terms and conditions (T's and C's). The profits and investments can only be withdrawn from the account if the following conditions are met:

Zero Equity Exposed: There must be zero equity exposed to trades and pending orders.
Available Balance: Profits and investments can only be withdrawn from the available balance on your account.
Review by Compliance: Withdrawals exceeding $10,000 USD must be reviewed by our Compliance team before processing.
Trade Volume Goal: The trade capital becomes available for withdrawal when the client achieves the Trade Credit Trading Volume goal.

Minimum Deposit: Not required

Executio: Not required

Trade Credit

We offer a non-withdrawable trading credit to our clients, which can be used in conjunction with their invested capital. The trading credit is intended to enhance your trading experience and help you take advantage of market opportunities.

Trade Credit Benefits

Up to 150% match of your client's investment with a trading credit
Compliments your invested capital, enabling you to trade with a larger amount of capital
No interest rates or fees applied to the trading credit

Trade Credit Trading Volume Goal

The Trade Credit Trading Volume goal is calculated as follows:

Trade Size: The size of each trade (e.g., 10 lots for a currency pair)
Leverage: The leverage applied to each trade (e.g., 100:1 for a currency pair)
Amount of Trades: The number of trades executed

The Trade Credit Trading Volume goal is calculated by multiplying the Trade Size, Leverage, and Amount of Trades. The total volume must be greater than 1 million times the value of the trading volume.

Example Calculation

Trade Size: 10 lots
Leverage: 100:1
Amount of Trades: 100 trades

Trade Credit Trading Volume Goal = (10 lots x 100:1 x 100 trades) = 1,000,000 lots

Withdrawal

Once the client achieves the Trade Credit Trading Volume goal, the trading capital becomes available for withdrawal. Withdrawals can be made from the available balance on the account, subject to the conditions outlined above.

Important Notes

The Trade Credit program is subject to change at any time, and we reserve the right to modify or cancel the program without prior notice.
Our company retains the right to review and adjust the Trade Credit Trading Volume goal at any time.
The Trade Credit program is designed to encourage trading activity and growth, and we expect our clients to adhere to the terms and conditions.

By participating in the Trade Credit program, you acknowledge that you have read and understood the terms and conditions outlined above. If you have any questions or concerns, please do not hesitate to contact our support team.

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