Purpose of the program
Cash Back is a bonus program. It gives the clients who trade with currencies, gold, silver and oil commissions from Benchmark Finance for each deal that they have made, according to the trading volumes for the corresponding month, as shown below.
According to the accomplished volumes per each month, you can get up to USD 4.00 for each traded lot (100,000 currency units) on the Forex market, as well as up to USD 4.00 and USD 12.00 for each trading lot of gold (100 oz) and silver (5,000 oz).
Through Cash Back you receive commission for each deal you have made, without any requirement for minimal accomplished profit/loss or minimal duration of the deals. Each deal, regardless of its volume, is included in the Cash Back program.
Benefits of the program
Below you can see the commissions for each major currency pair, gold and silver:
|Currency pair||USD per lot* (100 - 1,000 lots a month)||USD per lot* (1,001 - 2,000 lots a month)||Above 2,000 lots a month|
|EURUSD||USD 0.50||USD 1.00||Negotiable|
|USDJPY||USD 1.00||USD 2.00||Negotiable|
|USDCHF||USD 0.50||USD 1.00||Negotiable|
|GBPUSD||USD 1.00||USD 2.00||Negotiable|
|AUDUSD||USD 1.00||USD 2.00||Negotiable|
|USDCAD||USD 1.00||USD 2.00||Negotiable|
|NZDUSD||USD 1.00||USD 2.00||Negotiable|
|GBPJPY||USD 2.00||USD 4.00||Negotiable|
|GBPCHF||USD 1.00||USD 2.00||Negotiable|
|EURAUD||USD 1.00||USD 2.00||Negotiable|
|EURCHF||USD 1.00||USD 2.00||Negotiable|
|EURGBP||USD 1.00||USD 2.00||Negotiable|
|EURJPY||USD 1.00||USD 2.00||Negotiable|
|CHFJPY||USD 2.00||USD 4.00||Negotiable|
|NZDJPY||USD 2.00||USD 4.00||Negotiable|
|CADJPY||USD 2.00||USD 4.00||Negotiable|
|AUDJPY||USD 2.00||USD 4.00||Negotiable|
|AUDCAD||USD 2.00||USD 4.00||Negotiable|
|NZDCHF||USD 2.00||USD 4.00||Negotiable|
|Gold (XAUUSD)||USD 1.00||USD 2.00||Negotiable|
|Silver (XAGUSD)||USD 5.00||USD 10.00||Negotiable|
|Everything else||On request||On request||Negotiable|
*In currency trading, one full lot equals 100,000 currency units, in gold trade - 100 oz, in silver trade - 5,000 oz. For example - one full lot of EURUSD is traded after opening and closing a position of 100,000 EURUSD.
Participating in the program
To take advantage of the program, you should have at least 100 full lots, traded in one calendar month. Traded lots in the Cash Back program apply only for the current calendar month and cannot be transferred for another month.
Joining the Cash Back program is not subject to any fees or other obligations. No matter what kind of trader you are - beginner or advanced, Cash Back gives you the opportunity to generate profits without any extra cost or effort.
In order to get the commissions, generated by the Cash back program, you should conctact us no later than 30 days after the calendar month, you have traded at least 100 full lots in, has expired.
According to your preferences, you can take your profit from Cash Back program personally in our office, through a bank transfer or via a direct deposit to your trading account.
In August you have traded the volumes below:
100 full lots of EURUSD
50 full lots of GBPUSD
50 full lots of USDJPY
The total volume is between 100 and 1,000 so you fall in the first group. You need to contact us no later than 30 September in order to get your commissions, which are calculated as follows:(100 х 0.50) + (50 х 1.00) + (50 х 1.00) = USD 150
In September you have traded the volumes below:
500 full lots of EURUSD
200 full lots of GBPUSD
300 full lots of USDJPY
100 full lots of GBPJPY
The total volume of is between 1,000 and 2,000 so you fall in second group. You need to contact us no later than 30 October in order to get your commissions, which are calculated as follows: