Privileged clients of ICE MARKETS receive additional interest on the average deposit ranging from 4 to 6% depending on the client's status.
The deposit bonus is a refund of part of the commission paid (Rebate). It is calculated once a year on 01.01.
All calculations are reset on payment.
Iteration of the calculation takes place once a week.
Two parameters are being calculated:
Rebate amount: 20% of commission for VIP and 20% of commission for Elite
Payout limit: 4% / 6% of the average weekly value of the client's funds in the Company. This amount includes all funds on all accounts of the client. Weeks with zero balance are taken into account.
The deposit bonus is equal to the lowest of the received values.
The approximate deposit bonus in the personal cabinet of VIP clients is the current value (at the end of last week) and it can both decrease as well as increase.
Example:
The client has traded $200 worth of commissions for 5 weeks in favor of the Company.
Deposit by weeks: $1,000, $1,200, $1,000, $1,500, $0 (withdrew funds).
The client has VIP status.
The Rebate amount = 200 * 20% = $40.
Payout limit = ((1 000 + 1 200 + 1 000 + 1 500 + 0) / 5) * 4% = 940 * 4% = $37.6.
The deposit bonus will be $37.6 (lower value).
The client has Elite status.
The amount of Rebate = 200 * 30% = $60
Payout limit = ((1 000 + 1 200 + 1 000 + 1 500 + 0) / 5) * 6% = 940 * 6% = $56.4.
The deposit bonus will be $56.4 (lower value).