Label this under the category of interesting forex broker promotions.

International financial broker RoboForex has announced the start of a global promotion for its clients and partners to celebrate the company’s 10-year anniversary. The promotion started on October 1st, 2020, and will last for the next eight months. The total sum of all prizes will be $1,000,000 USD.

Each month until the end of April 2021, the company is going to give away 30 money prizes amounting to a total of $100,000. In May 2021, there will be a Grand Prix giveaway with a prize pool of as much as $300,000. Prizes will be distributed among participants with special Coupons that can be received for trading on RoboForex accounts or attracting new clients to the company as a partner. Every client or partner has the opportunity to receive up to 3 Coupons in different categories each month.

Categories that receive Coupons

1. Trading on Prime accounts

Prime is an account type with the best trading conditions available at the company. When trading on Prime accounts, traders get spreads from 0 pips, 10 USD commission for the trading volume of 1 million USD, and the maximum leverage up to 1:300.

To receive a Coupon in this category, a participant must deposit at least 300 USD to them and perform at least 3 lots of trading operations per month. Only the positions in Currencies and Metals opened in the current month are taken into account.

2. Attracting new clients as a RoboForex partner

RoboForex partners have the opportunity to earn up to 60% of spreads for all transactions of their attracted clients thanks to VIP conditions and the company’s Loyalty program.

To receive a Coupon in this category, a partner is required to earn at least 300 USD of partner commission at the month-end.

3. Making the CopyFX Top list

CopyFX is an investment platform, which allows successful traders to attract subscribers to copy transactions in their strategies and receive a commission for that. When trading on CopyFX accounts, a Trader benefits both from trading their own operations and the success of their subscribers.

To receive a Coupon in this category, it will be enough for CopyFX Traders to make the Top-30 of the best Prime accounts in the current month.

More detailed information about the conditions of receiving Coupons can be found on the RoboForex website.

How will the winners be decided?

Each granted Coupon has its unique 6-digit number that will be used for deciding the winners. Owners of the Coupons, the numbers of which will be the closest to winning combinations, will receive 30 monthly prizes.

Winning combinations will be defined based on stock prices of 30 leading American companies. Stock prices are fixed at the market close on the first Friday of each month following the month when Coupons were distributed. For example, a giveaway for the Coupons that were received in October will be held on the first Friday of the following month, November 6th, 2020. A combination contains the last digits of prices of stock pairs, which were chosen for each of the 30 prize-winning places in advance. The list of these stock pairs can be found in the promotion section of the RoboForex website.

To provide transparency of all operations, all prices will be fixed based on the data from an independent public source, finance.yahoo.com.

Denis Golomedov, Chief Marketing Officer at RoboForex, commented on the start of the promotion:

“The company is turning 10 years old this year and that’s a pretty respectable age for our sector. This points to the fact that we provide cutting-edge and quality services, competitive trading conditions, and put our clients’ interests first. This is the reason why we wanted to offer them something special for our anniversary and prepared an unprecedented 8-month promotion with huge money prizes. The total prize pool for the promotion is $1,000,000. Each month, 30 winners will be decided and that’s a great chance for our clients and partners to celebrate the company’s anniversary together with us. Good luck to everyone!”

RoboForex Ltd is a company, which delivers brokerage services. The company provides traders, who work on financial markets, with access to its proprietary trading platforms. RoboForex Ltd has the brokerage license IFSC 000138/107.