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Open an account at a high leverage broker and don't accept any bonus. Since the broker is high leverage, the trader doesn't need a bonus to play with higher trade volumes if desired. 100% of all profits go to the trader and the account balance is 100% withdrawable at any time without regard to how many lots have been traded and with no account closing fees - no matter how often the trader emails in to check on the withdrawal, no matter how well the trader writes, and no matter how well the trader trades.
So, do I win the $100?
Pharaoh, You are absolutely right, the best deal is a straight up account, which of course we offer with a super low spread and 500:1 leverage and Instant Execution - I welcome you to claim your $100 trading account at Caesar Trade. Contact me directly - jeremy@caesartrade.com
Alright, As I had not examined the numbers until today, I admit we made some mistakes in the calculations. The whole time Eric has been saying that we gave him the profits from the 1st Deposit to the Mistaken Deposit - the total of profits was miscalculated. The trader had opened and closed 4 trades, with profits of 451.94 + 446.50 +15.38 + 45.24 = 959.06 (If you include the initial deposit of $200 the total withdrawable equity was 1159.06) with a 50% Reduction for closing the account - there is no way we are going around this, besides, it would have been a 40% reduction regardless as per the min lot requirement not being fulfilled for the Super-Sized 400% Offer that he signed up for. So, we owed him a total of $579.53 ($387.72 we have already given him) and today we already transferred to his Perfect Money account $192.00 (rounding up).
Even though this problem was never taken to the FPA court, we are an honorable and transparent broker (I know it is rare). We admit when we are wrong, and remedy the situation immediately. As far as the 400% is concerned, we feel that we are giving traders the ability to trade larger volumes with minimal risk as we are giving TRADING BONUSES. If you read through our terms and conditions, the core of the terms is that we ask the trader to trade with the money we are giving. Is that really too much to ask???
Please feel free to contact me if you are interested in trading with a quality broker.
Jeremy
My very quick and dirty calculation (if I am wrong, I expect to be shown the error of my ways):
Thus, if the balance (including deposit, bonus, and error deposits) really was $2800, then 800 deposited in error would be removed, leaving $2000. As I understand it, the $600 bonus would be removed, right? If so, that leaves $1400. If this then gets cut in half (ouch!!!), that would leave about $700.
Please don't make me get out a spreadsheet and start typing in numbers.
If a broker shoved an extra $800 in my account, I probably would ask WTF is going on. Others don't question acts of God or errors of accounting. I would assume that the extra money would be removed sooner or later - without otherwise affecting my balance.
My very quick and dirty calculation (if I am wrong, I expect to be shown the error of my ways):
Thus, if the balance (including deposit, bonus, and error deposits) really was $2800, then 800 deposited in error would be removed, leaving $2000. As I understand it, the $600 bonus would be removed, right? If so, that leaves $1400. If this then gets cut in half (ouch!!!), that would leave about $700.