Statuses

Each of the three statuses provides a set of platform tools and features accessible to traders who make deposits of a certain amount or earn it by gaining experience points.

Starter, Advanced and Expert statuses respectively offer a basic, advanced, and maximum set of accessible tools.

Each status has its own specific benefits, such as higher profit yield, faster funds withdrawal, etc. You can learn more about it in the information table above.

Statuses last for exactly 30 days. At the end of this period, traders either keep the same status or it is downgraded. The Starter status is the exception since it’s the basic status given to all traders by default. Traders can upgrade their status if they earn enough experience points or make a deposit of a certain amount.

The status is upgraded as soon as the trader reaches the number of experience points necessary or makes a deposit of a certain amount.

To renew a status, you need to make sure you have earned the required number of experience points by the time the 30-day period ends. The countdown starts from the moment you get the status. If you have enough experience points, your status will be renewed for another 30 days.

To get Advanced status, you need to make a deposit of no less than $500/€500, depending on the account currency.

To get Expert status, you need to make a deposit of no less than $2000/€2000, depending on the account currency.

You can also upgrade your status by earning enough experience points by making trades on your live account.

These are points given out as a reward for your trading activity. Traders need experience points to renew their current status or upgrade to the next one. You’ll earn experience points for each trade you make on a live account.

Profitable trades give you more points, and the trade amount also factors into how many you earn. When trading Forex, you can use a multiplier as well. The greater the multiplier, the more experience points you get.