VIP FAQs
- What is FOREX.com VIP?
- Do I have to apply for FOREX.com VIP?
- Are there any fees associated with the VIP program?
- What are the FOREX.com VIP cash rebate levels?
- What are the requirements for maintaining the benefits of FOREX.com VIP?
- How is my trade volume calculated?
- When are rebate levels applied to my account?
- When will my monthly trade volume reset?
- How is interest on my available margin calculated?
What is FOREX.com VIP
FOREX.com VIP is designed for high-volume traders looking for an edge. VIP members enjoy monthly cash rebates on their trades, one-on-one support from an experienced market strategist, generous deposit bonuses and much more based on their standing in our tiered system. Managed Accounts and accounts referred by an Introducing Broker are not eligible for the VIP program. Learn more about FOREX.com VIP.
Do I have to apply for FOREX.com VIP?
No. You’ll automatically qualify for FOREX.com VIP when you make an initial deposit of at least $10,000 or trade the minimum for each asset class in a calendar month.
Are there any fees associated with the VIP program?
No, there are no fees associated with the VIP program.
You may incur a rollover charge if you hold your positions overnight. Learn more about our rollover rates.
What are the FOREX.com VIP cash rebate levels?
Cash rebates are available on multiple asset classes according to your monthly trade volume. You can view the levels on the FOREX.com VIP page.
What are the requirements for maintaining the benefits of FOREX.com VIP?
You will continue to benefit from VIP when you maintain a total quarterly trade volume of at least tier 1 or an average account balance of at least $25,000.
How is my trade volume calculated?
Monthly volume is defined as the sum of all trades within an asset class in lot terms for a given calendar month.
When are rebate levels applied to my account?
Cash rebates are available on all asset classes traded according to predefined trading tiers. Rebates will generally be posted to the account within two business days of the following month, but there may be occasions where the process takes longer. Clients are free to either withdraw or utilize the rebate for trading. Terms and conditions apply.
When will my monthly trade volume reset?
Your monthly trade volume resets after 5pm EST on the last trading day of the calendar month.
How is interest on my available margin calculated?
Balances up to $500,000 will earn interest at 4% APY, while any additional balance in excess of $500,000 will generate interest at 1% APY. Interest will be calculated based on the average daily available margin. Average daily available margin is calculated by taking the average of your available margin (trading resources) as of 5PM each trading day during the prior month. Margin utilized for your open positions is not included. Interest will be posted within 15 business days of the following month. APY rates are subject to change daily. This promotion is void where prohibited or restricted by law and subject to all applicable federal, state and local laws and regulations.
Terms and Conditions:
For new accounts a minimum initial deposit of $10,000 or trade the minimum for each asset class in a calendar month. Continued eligibility is contingent on total quarterly trade volume maintained at tier 1 or an average account balance of at least $25,000.
Interest paid on ADAM is calculated by taking the average of your available margin (trading resources) as of 5 PM ET each trading day during the prior month. Margin utilized for your open positions is not included. Interest will be posted within 15 business days of the following month. This promotion is void where prohibited or restricted by law and subject to all applicable federal, provincial and local laws and regulations. Balances up to $500,000 will earn interest at 4% APY, while any additional balance in excess of $500,000 will earn interest at 1% APY, paid only on amounts of up to $5,000,000. VIP status is required to earn stated APY. Interest will be calculated based on the average daily Available Margin, with a minimum accrual of $5.00 required for deposit.
Please note that this promotion and APY are subject to change at any time without notice, as we periodically evaluate current interest rates on an ongoing basis. To be eligible, an account must be active during the calendar month. Active is defined as having placed at least one Qualifying Trade. See Qualifying Trade Requirements. FOREX.com VIP status is required to earn stated APY.
We reserve the right to terminate the promotion at any time.
Eligibility for interest payments is determined solely by FOREX.com and may not be available to clients in all jurisdictions or regions. FOREX.com reserves the right, in its sole discretion, to determine eligibility and to refuse, suspend, modify, or withdraw participation in this program at any time and without prior notice.