LiteForex cancelled my profit

Two different persons , at the same time the same IP , same currency , big lot size.

Acc# 900231 Position - sell 65 lot size (0.65 real) time opened 2013.03.19 15:47 time closed 2013.03.19 19:00
Acc# 830258 Position - buy 65 lot size (0.65 real) time opened 2013.03.19 15:47 time closed 2013.03.19 19:00

the same trading IP for both

114.79.28.48
 
Yeah, I must admit that looks suspicious.

A couple of quick questions:

1. Since bonuses almost always come tightly wrapped in restrictions regarding the minimum number of lots traded, wouldn't it be easier for LiteForex to set that lot size to a number sufficient to make hedging between 2 accounts to try to "hunt" the bonus a totally pointless exercise, since the profits LiteForex makes from the spread (or commissions on ECN accounts) of all those trades would be far greater than the bonus? If you did this, then there would be no reason not to let people try whatever tricks they liked.

2. What is the minimum number of lots needed to claim a bonus under LiteForex's terms?
 
Pharaoh

For this type of bonus you need to make trades for 30% of bonus amount and 50 deals, to transfer this bonus into your balance. You cant just transfer it into your balance with one trade. Unfortunately this system is not perfect, so what they do , they transfer it from one to another account balance with one trade. And it is lossless , the do not lose there money at all. The only side is losing - company. The point of this bonus is to help trader to make more money ,so the company makes more money.
 
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