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Bonus point conversion to cash for Fix-Contracts trading

Bonus points accrued can be exchanged for cash to trade Fix-Contracts. To do so, select how many points you would like to convert in your myAlpari and make sure that the amount converted is credited to your alpari.fix-contracts account. Then start trading!

The points exchange takes place at Alpari’s internal ALPUSD rate.

How does it work?

Let’s say that there are 20,000 ALP on your bonus account and you wish to exchange 5,000 ALP for use in trading Fix-Contracts.

You make a request for the points conversion, selecting the amount of points and the alpari.fix-contracts account to which the funds will be transferred. The current ALPUSD rate is 1 USD for 100 ALP. In this case, 50 USD1 will be credited to your account.

The funds you receive can only be used for trading Fix-Contracts. Any profits resulting from these trades can be spent entirely as you wish.2.

Please note:

  1. The maximum amount of bonus points that can be converted to cash is 150 USD per week. The amount in the request cannot exceed 25% of the total bonus account balance. One request is allowed per week.
  2. Two wallets will be created on the alpari.fix-contracts account in the Fix-ContractsTrader platform: one for your own funds and one for bonus funds which you have received following points conversion. Bonus funds used in trading will be used up when a contract is opened and any profit derived from their use will appear in the wallet for your funds.
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