M1 Daily Settlement Bonus Program
Up to 9.6% bonus on account transaction balance
M1 Daily Settlement Bonus Plan
| Account Balance | Annual bonus ratio | Minimum transactions per month |
|---|---|---|
| USD 10,000-49,999 | 6% | 1 time |
| USD 50,000 or more | 9.6% | 3 time |
- How to Participate:
1-1 The daily bonus is calculated accordingly:
(1) Daily bonus = Daily balance amount * Annual bonus ratio / 360 days
(2) Balance = Available margin balance at 23:59:59 (MT4 platform time) each night of the account.
(3) Annual bonus ratio can be obtained according to the account balance requirement.1-2 The daily bonus will be settled every night at 23:59:59 (MT4 platform time). The annual bonus ratio obtained depends on the balance of the account at the beginning and end of the month. The total number of transactions will be calculated from the first to the last day of each month. It will then be reset to zero at 23:59:59 (MT4 platform time) at the end of each month.
- Program Qualification:
2-1 The “M1 Daily Settlement Bonus” is a permanent service. This plan is for MOGA’s clients to receive a fixed percentage of their account balance as a bonus at regular intervals.
2-2 Anyone over the age of 18 can participate in this program.
2-3 The minimum deposit requirement for account opening is USD 10,000.
- Restrictions:
3-1 If the balance at the end of the month is less than USD 10,000, the bonus will not be issued for the month.
3-2 Trade duration shall be more than 3 minutes, any positions closed in less than 3 minutes will not be considered towards the minimum number of trades required.
- The bonus will be settled daily, and the accumulated bonus will be issued after settling the accounts at every end of the month.
- Deposit & Withdrawal： 5-1 Deposit methods and arrival time:
All payment channels are acceptable.
(1) USDT: Real-time; current date
(2) Wire transfer: actual arrival date
(3) UnionPay: Real-time; current date
(4) Other payments: Real-time; actual arrival date
5-2 The program has no lock-in period, participant can withdraw any time.5-3 Deposit & Withdrawal fee:All deposit methods are free of charge.
Withdrawal:
(1) USDT: Free of charge or according to the payment channel fee regulations.
(2) UnionPay: 0% for deposits over one year; $10 plus an additional of 3.5% for deposits under one year.
(3) Other payment channels: 0% for deposits over one year; $10 plus other fee charged by the payment channel for deposits under one year.
(4) Wire transfer: 0% for deposits over one year; $50 for deposits under one year.
(5) Free of charge if having made more than 3 lots within 2 weeks before withdrawal.
5-4 Withdrawal operation days: Real-time or 4 work days at most, depends on the actual operation days of the payment channel. - Moga Point Reward Mall cannot be participated in conjunction with M1 daily settlement bonus program.
- This program is permanently valid for each MOGA client. Clients must read and accept the conditions of this program to participate.
- MOGA reserves all rights for the final interpretation of the program and can modify, suspend or terminate the program at any time without prior notice.
Calculation Example 1:
30,000 * 6% / 360 = 5 (USD)
35,000 * 6% / 360 = 5.83 (USD)
5 (USD) + 5.83 (USD) = 10.83 (USD)
5 (USD) + 5.83 (USD) + 10 (USD) = 20.83 (USD)
60,000 *6% / 360 = 10 (USD)
20.83 (USD) (The first 3 days) + 10 (USD) * 27 (the remaining of 27 days) = 290.83 (USD)
Calculation Example 2:
70,000 * 9.6% / 360 = 18.7 (USD)
65,000 *9. 6% / 360 = 17.3 (USD)
18.7 (USD) +17.3 (USD) = 36 (USD)
11.7 (USD) + 10.83 (USD) + 6.67 (USD) = 29.2 (USD)
40,000 *6% / 360 = 6.67 (USD)
29.2 (USD)(First 3 days)+ 6.67 (USD) * 27 (the remaining of 27 days)= 209.29 (USD)
Calculation Example 3:
70,000 * 9.6% / 360 = 18.67 (USD)
65,000 *9. 6% / 360 = 17.33 (USD)
18.67 (USD) +17.33 (USD) = 36 (USD)
0(USD) + 0 (USD) + 0 (USD) = 0 (USD)
5,000 *0% / 360 = 0 (USD)
0 (USD)(First 3 days) + 0 (USD) * 27 (the remaining of 27 days)= 0 (USD)