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article writing rules |
jetaro
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Post subject: article writing rules |
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Posted: Fri 26 Jul, 2013, 14:21
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User rating: 0
Joined: Wed 26 Jun, 2013, 12:58 Posts: 4 Location: PhilippinesPhilippines
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"The winners may withdraw cash prize amounts from their respective live accounts after meeting the following minimum turnover requirements on these live accounts. Those requirements constitute 0.5 million USD for every 100 dollars of prizes won."
does it mean the winners have to turn that 100$ to .5 Million $? to be able to withraw profits?
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jlongo
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Post subject: Re: article writing rules |
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Posted: Thu 01 Aug, 2013, 19:32
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User rating: 94
Joined: Mon 06 Feb, 2012, 12:22 Posts: 357 Location: Portugal, Castelo Branco
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jetaro:
No, that means you have to place orders with 250.000$us or equivalent on total amount value (can be for example 25 orders each one of 10.000$us) to be possible to get the 100$us. I say 250.000$us because the value is at entry adding the same value at close (that means 0.5 million). That is the turnover.
I hope this answers your question.
Trade well
JL
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CommunitySupport
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Post subject: Re: article writing rules |
Post rating: 0
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Posted: Fri 09 Aug, 2013, 20:44
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User rating: 1
Joined: Mon 03 Jun, 2013, 09:31 Posts: 22 Location: Switzerland, Geneva
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You can not place 250K order with depo of $100. Maximum order that You can place with such a depo and 300 leverage is $30 000. And one move of 20 pips against You will kill Your depo. That's why if You want to withdraw You prize You have to trade with smallest amount of units allowed for a long time.
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