What are the credits used for?

The credits can only be used in TradFi (MT5) Trading as a trading margin, and/or pay for commission and swaps once your deposited funds have been depleted. Please note that any commission, swap, or trading loss will be deducted from your deposited funds first, and only after they have been used up will they be deducted from the credit amount.

 

 

 

Is there a minimum deposit required to be eligible for the credits?

Yes, the minimum deposit amount is 1 USDT each time a deposit is made.

 

 

 

Can I withdraw the credits?

No, the credit cannot be withdrawn or transferred. However, users can withdraw the profits earned from trading with the credits. 

 

 

 

Will my credits be forfeited if I make withdrawals from the TradFi (MT5) Account?

For users who had not made any deposit before they made withdrawals from the TradFi (MT5) Account, the entire credit will be forfeited. If you have made deposits, any withdrawal or transfer will result in a proportional reduction of your credit.

 

 

 

What is the credit validity period?

Credits do not have an expiration date. However, they can be revoked under certain circumstances:

• Withdrawals: Credits will be deducted proportionally during withdrawals.

• Policy Violation: If risk control detects any violations, credits may be revoked.

• Account Liquidation: Credits will be forfeited if the account is liquidated.

 

 

 

What happens if I withdraw my funds from my MT5 Account during the event period?

When a withdrawal is made, the system will deduct the credit amount based on the following deduction rules:

 

MT5 Credit Deduction Calculation Based on Withdrawal Amount Ratio:

The deduction is calculated as: Min(Withdrawal Amount / Net Deposit Amount, 100%) × Credit Amount

 

Example 1:

If a user deposits 500 USDT, receives 500 USDT in credits, gains a profit of 50 USDT from trading, and makes a withdrawal of 100 USDT, the credit deduction will be calculated as:

• Min (100 / 500, 100%) x 500 = (100 / 500) x 500 = 100 USDT

• After the withdrawal of 100 USDT is made, the system will deduct 100 USDT worth of credits from the user's MT5 Account

 

Example 2:

If the user receives a sign-up credit, profits from trading with the credit, and then makes a withdrawal, without making any deposit, the system will deduct all credits received since there was no deposit made.

 

 

 

What calculation is used to determine the withdrawal amount?

• If users have no open positions in their MT5 Accounts, the amount they can withdraw is: Equity − Credit.

• If users have open positions in their MT5 Accounts, they can only withdraw according to this formula:

  • Max[Min(Free Margin − Credit, Balance), 0], withdrawal will not cause liquidation.