| USD1,000 | USD2,000 | USD3,000 | USD4,000 | USD5,000 |
| USD6,000 | USD7,000 | USD8,000 | USD9,000 | or USD10,000 |
All CGAT accounts will be traded absolutely by an Expert Advisor (EA) and all traders are not allowed to open/close any position in their trading account.
However, the trader may choose to withdraw the profit made in their trading or withdraw the initial capital + profits at anytime they desire but a 3% withdrawal fee will be charged if you opt to request for the capital withdrawal before the end of the 12 month contract. The trading profit can be withdrawn only when there is an excess amount of and above 150% of the initial deposit amount.
Eg; Susan deposited USD10,000 into her CGAT account. She will be given a 30% deposit bonus which is equivalent to USD3,000 thus her trading will start at USD13,000 now. She is allowed to withdraw her trading profits to the amount above USD15,000 only. Meaning lets say the margin becomes USD15,700 then Susan is allowed to make a withdrawal of the trading profit up to USD700.00 immediately.
The trading margin will be reset back to USD13,000 upon entering new trading month for the above case.
The system will also charge a monthly maintenance fee of 1% of the CGAT Deposit Amount.
HOW DOES CGAT PAY YOU?
| CGAT Profit Sharing Affiliates | |
|---|---|
| Self Affiliates | 28.0 % of trading commission |
| Level 1 | 10.0 % of trading commission |
| Level 2 | 0.5 % of trading commission |
| Level 3 | 0.4 % of trading commission |
| Level 4 | 0.1 % of trading commission |
| Total | 48.0% of trading commission |
Each position entry made by the EA is subject to a 3.5 pips brokerage commission. Let say the EA enters a buying position with USD1.00 of GBP/USD, then the commission is going to be USD1.00 x 3.5 pips =USD3.50 (Company total gross commission for this particular position). The account owner is paid USD3.50 x 28% (as tabled above) =USD0.98 as the “Self Affiliate Bonus” for that particular closed position regardless of whether the trade is making a profit or losing. Means you are given a profit sharing (28%) of the commission earned by the broker. Your total earnings during a month is subject to how many entries are being made by the EA during a “one month trading period”.
You also get paid when introducing friends into a CGAT account up to 4 levels as stated in the above table.
Eg; You introduced Susan directly with a deposit of USD10,000 into a CGAT account, you will be rewarded a 10% profit sharing of the brokerage commission once the positions are closed.
By the way the total monthly profit sharing is paid at the minimum percentage as stipulated in the table below.
| First Year | Min | Max |
|---|---|---|
| 12.0 % (affiliate + profit) | 20.0 % | |
| Level 1 | 4.5 % | 6.0 % |
| Level 2 | 2.0 % | 3.0 % |
| Level 3 | 1.0 % | 1.5 % |
| Level 4 | 0.3 % | 0.5 % |
| Second Year Term | Min | Max |
|---|---|---|
| 9.0 % (affiliate + profit) | 12.0 % | |
| Level 1 | 2.0 % | 3.0 % |
| Level 2 | 1.0 % | 1.5 % |
| Level 3 | 0.5 % | 1.0 % |
| Level 4 | 0.2 % | 0.5 % |
| Third Year onwards | Min | Max |
|---|---|---|
| 5.0 % (affiliate + profit) | 8.0 % | |
| Level 1 | 1.0 % | 1.5 % |
| Level 2 | 0.5 % | 1.0 % |
| Level 3 | 0.3 % | 0.5 % |
Each person is given up to 10 CGAT Trading Accounts and each accounts maximum deposit is USD10,000. This means that a single ID may deposit up to USD100,000 in one cabinet. However, a 3% setup fee will be charged for the 2nd CGAT Account onwards.
Upon depositing into a CGAT account, a contract between a trader and United Global Holding Limited will be issued for you to print out.
This write up has been revised on October 15th 2015
