Preferences tab
On this tab, you can configure the following settings of a cashback reward program for MT4 or MT5:
Enabled
If Enabled, the cashback program is enabled for the MT4 or MT5 platform; otherwise, Disabled.
Cashback value (per lot)
The fixed rate per each traded lot. The cashback value can be denoted as an integer or decimal value.
The cashback amount is calculated as follows:
Cashback amount = Cashback value * Number of traded lots
Cashback currency
The cashback program currency.
The cashback is calculated only for the volumes traded on MT accounts denominated in the cashback program currency. In addition, this is the currency in which the cashback is paid to clients.
To receive the earned cashback, a client must have an account of the trade or personal type, denominated in the cashback program currency.
For example, the cashback rate is 0.7 and the cashback program currency is USD. For the volume of 10 lots traded on the MT account denominated is USD, the cashback is calculated as follows:
0.7 * 10 = 7
The cashback of 7 USD is rewarded to the owner of the MT account.
Account destination type
The type of the account to which the cashback is rewarded:
Trade — the cashback is rewarded to the client’s MT trading account on which the volume taken for cashback calculations has been traded.
Personal — the cashback is rewarded to the client’s account of the
personaltype, such as a wallet, denominated in the cashback program currency.
If the Personal account type is selected, ensure that your clients have personal-type accounts in the required currency; otherwise, the earned cashback can’t be deposited to them.
By default, the Trade account type is selected.
Ignored symbols groups
A list of ignored symbols.
The trades made in the selected symbols are excluded from cashback calculations.
Accounts platform groups allowance
A list of MT account groups.
By default, all the account groups configured on the MT platform are selected.
If the Accounts number allowance field is empty, all the MT trading accounts included in the groups selected in Accounts platform groups allowance field are rewarded the cashback.
Accounts number allowance
A comma-separated list of MT account numbers.
By default, the list is empty.
If one or more MT account numbers are listed in this field, only the listed accounts are rewarded the cashback and the Accounts platform groups allowance option is ignored.
Updated
The date when the cashback program was last modified.
Last updated