The Cashback Bonus promotion rewards eligible clients with bonus credits based on qualifying deposits. Bonus credits are credited to a Bonus Wallet and can be converted into withdrawable cashback through eligible trading activity.
Promotion Eligibility
To participate in the Cashback Bonus promotion:
- A minimum single deposit of USD 500 is required.
- The promotion is available to eligible live trading accounts.
Cashback can only be earned from qualifying trades on Forex, Gold, and Oil products.
How Cashback Is Earned
When you make a qualifying deposit, 50% of the deposit amount is credited to your Bonus Wallet.
Bonus credits cannot be withdrawn directly and cannot be used as trading margin or account equity. Instead, they are converted into cashback when you complete eligible trading activity.
To qualify for cashback:
- Trades must be placed on eligible Forex, Gold, or Oil products.
- Positions must remain open for at least 10 minutes.
- Cashback is calculated based on qualifying trading volume.
Cashback is calculated daily and credited to your Cashback Wallet on the following day.
Cashback Conversion Rates
Cashback conversion rates vary depending on your account type and whether you participate in the Introducing Broker (IB) program.
| Account Type | Standard Client | IB Client |
|---|---|---|
| Standard STP | USD 2.00 per eligible lot traded | USD 0.50 per eligible lot traded |
| Prime ECN | USD 0.50 per eligible lot traded | USD 0.25 per eligible lot traded |
Cashback Redemption
Cashback earned during the current calendar month accumulates in your Cashback Wallet and becomes available for redemption during the following calendar month.
For example, cashback earned during January becomes available for redemption in February.
Important Note
- Bonus credits are not withdrawable.
- Bonus credits cannot be used as trading margin or account equity.
- Cashback is only earned from qualifying trading activity on eligible products.
- Cashback conversion rates may vary depending on account type and participation in the IB program.
- Cashback and unused bonus credits do not expire.
Additional promotion terms and conditions may apply.
Need More Help?
If you have questions about the Cashback Bonus promotion, cashback calculations, or promotion eligibility, please contact our Customer Support team via email at support@monetamarkets.com and include your registered email address and trading account number.
