TeleTrade has updated the conditions for assigning VIP-statuses

From December, 2020, new conditions for the assignment and maintenance of VIP, VIP Gold and VIP Platinum statuses for the clients of the international broker TeleTrade come into force.

Now VIP status is assigned only when depositing a trading account up to the level of the total equity of the corresponding status:

• for VIP - up to 50,000 USD;
• for VIP Gold - up to 100,000 USD;
• for VIP Platinum - up to USD 500,000.

All VIP status holders as of December 2, 2020 receive privileges corresponding to their status:

Calculations for all privileges for all VIP statuses from December 2, 2020 have no restrictions on the types of trading instruments and requirements for holding positions.

To receive a cumulative bonus in the amount corresponding to the status, trading activity of at least 2 trading lots per 1000 USD is required (1 lot of the given volume is the volume of a trade, the nominal value of which is 100.000 USD).

In addition, VIP Platinum payouts (cumulative bonus and cashback to a trading account) may become available to clients with VIP and VIP Gold statuses, subject to appropriate trading activity.

Loss of VIP status occurs only if funds are withdrawn from the trading account. In this case, the status can be restored by replenishing the trading account to the level of the total equity of the corresponding status.

More information about the privileges and benefits of statuses can be found on the «VIP-clients» page in the «Trading» section on the TeleTrade website.