FOG VIP Service

The Company grants an accumulation bonus on the Client’s own funds monthly if several conditions are met by the Client. An accumulation bonus amount is subject to the Client's status as follows:

• VIP — 26.8%* per annum
• VIP Gold — 29.3%* per annum
• VIP Platinum — 31.8%* per annum

The amount of accumulation bonus to be accrued is calculated based on the sum of the Client’s own funds available at the end of the settlement period less the amount of funds deposited to the trading account during the settlement month.

Bonus accrual conditions:

• Funds were not withdrawn from the trading account during the settlement month.
• The Client has the required total volume traded:
  • The amount of lots has a reference value, which is calculated using a formula: (sum of the funds available as of the start of a month + credit bonus)*2/1000.
  • The closed trades with all financial instruments are used to calculate  the total volume traded.

* Provided that funds are retained on the account during a year.
Classic - 2% per month
Gold - 2.17% per month
Platinum - 2.33% per month

The Company repays 20% of the accumulated negative swaps for trades, which have been closed during the settlement period. The repayment is transferred to the Client’s trading account as of the start of each month but not later than the fifth (5) day of a month following the settlement month.

Repayment conditions:

• Only closed negative swap trades are used to calculate the repayment amount.
• The Client has a VIP status trading account as of the start of settlement month, at the end of the month, and as of the repayment date.

The Company reimburses its clients for expenses (in part) regarding the trades, which have been closed during the settlement month. The reimbursement amount is subject to the Client’s status and is calculated based on the spread value and the fees the Client has paid for a transaction. However, it may not exceed $10 per lot. The reimbursement amount is transferred to the Client’s trading account as of the start of each month but not later than the fifth (5) day of a month following the settlement month.

Cash back percentage:

• VIP — 20%
• VIP Gold — 25%
• VIP Platinum — 30%

Cash back conditions:

• The Client has a VIP status trading account during the entire trading month, including on the day of cash back reimbursement.
• Funds are not withdrawn from the trading account during the entire trading month.
• No bonuses are received from the Company during the entire trading month.
• The closed trades with all financial instruments are used to calculate the cashback amount.

Example of how to calculate a cash back amount for the closed position:

A VIP Gold Client closes EURUSD position for 10 lots. At a closing time, the spread is 0.6 pip, which makes up $60 for 10-lot EURUSD position. As of the start of next month, the Client will have a $15 cash back (i.e. 25% of $ 60) for this trade.