Tuesday, 5 April 2016

CGAT FAQ's


Frequently Asked Questions (FAQs) - Final Part

11. What is the IB funding and withdrawal rate now?
Malaysia: Funding RM4.40, Withdrawal RM4.00
More country rates available, here: http://www.fxunitedpowerinternational.com/invoice.html

12. Any Withdrawal Fees or Rules?
Through Local IB in Malaysia; deduct RM 1; All withdrawal from Monday to Friday ONLY. Weekend or Public Holiday withdrawal will be rejected. It is to ensure that the IB processes all withdrawal at the quickest timeframe possible. Overseas withdrawal is according to IB SELL Rates; withdrawal processes by IB every Friday for overseas withdrawals.
*If you funded directly to Broker, withdraw via Account Section
*If you funded via Powerteam IB, withdraw via Partner Section
*For withdrawal via IB: Max capping at $1,000 a day is for a control measure by the broker for money laundering
-> Min. Withdrawal per day; $50USD
-> Max. Withdrawal per day; $1000USD
Example
$1,000USD Withdrawal
$1,000USD x 4.20 = RM4200
RM4200 - RM1 = RM4199
RM 4199 = 1300SGD, 1300AUD
*According to IB Rate

13. What currency pair(s) does CGAT trade on?
EUR/USD Pair (mainly), GBP/USD Pair.

14. Is there any guarantee?
On the letter of agreement from the Broker to every CGAT client, point 1.2 on the form states:

15. Do we get our expected returns successfully every month or cycle?
Yes. We are paid out every Sunday of the week. From the date that you activated your account; your cycle will end after 30-31 days then paid on the following Sunday

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