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Abstract：This year's competition for WPC2022 begins on October 3, 2022, and concludes on December 25, 2022. On December 29, 2022, the winners will be revealed.
Weltrade has announced that it's annual World Partner Contest (WPC) 2022 for partner traders will start on January 1, 2022. The prize pool is worth 25,000 USD. The point of the contest is to give big cash prizes to traders who bring in more members by recommending them. That's correct! You can earn great rewards if you bring in new merchants to Weltrade. Except for staff and their families, the contest is open to everyone.
This year's competition begins on October 3, 2022, and concludes on December 25, 2022. On December 29, 2022, the winners will be revealed.
What Kinds of Prizes Are Available？
The entire prize budget for the event is 25,000 USD, split into two categories. The first group has participants who received the most recommendations. The second category is for those who received the most active referrals. Specifically, referrals with the highest trading volume (amounts of lots traded). In theory, you could win up to $10,000 USD in cash, which you could cash out at any time.
How to Take Part
Participation in the WPC2022 competition is entirely free. However, you must first join the Weltrade Partner Program. All Weltrade partners who have already signed up for the Partner Program or who sign up during the contest period are automatically entered.
Other prerequisites for participating and winning include:
Registrations and trading volume are only counted for active referrals who have registered for the duration of the contest.
The trading volume of XTIUSD and XBRUSD instruments are counted with a 0.1 coefficient.
The trading volume for Digital instruments, Stock CFDs, and Index CFDs are counted in standard forex lots, which is equal to 100,000 USD.
To be ranked by the number of referrals, a participant must have attracted at least 25 referrals.
For a participant to be ranked by trading volume, the sum of their referrals turnover must be at least 10 standard lots.
Referrals are subject to Weltrade's onboarding processes, as well as anti-money laundering and counter-terrorism funding checks. Weltrade has the right to approve or refuse the account opening.
Winners Selection
Winners in one reward table are determined by how many lots their referrals traded throughout the event. Also, how many referrals were drawn from the other reward table？
According to the terms of their affiliate program, Weltrade only counts the first level of affiliate trading volume.
All contest winners must authenticate their profiles before they may get their rewards. The prize money is split between the winners based on where they stand in the participant rating at the time the results are tallied.
About Weltrade
WELTRADE was started in 2006 by a group of experts with a shared interest in international finance and information technology. It has been a huge success in helping traders of all sizes. The platform provides a new approach to investment approaches and makes safe Forex trading open to everyone.
By December 2020, the number of active Weltrade dealers in 180 countries had topped 600,000 worldwide. The broker offers a variety of financial instruments, such as pairs of currencies, metals, commodities, and digital currencies.
The company's goal is to build a smart, easy-to-use trading environment and long-term relationships with customers based on empathy, interaction, and feedback.
Among Weltrade's primary characteristics are:
250 trading tools, including indices, energies, metals
Smart deposit insurance
Easy trading start at $1 and no extra efforts
Cashback of up to 6% per year
The fastest deposits and withdrawals in the market
Unique promo offers
24/7 full multilingual support
WELTRADE gives traders of all levels unique tools, such as a 100% credit incentive, no commission costs, and an affiliate program that is easy to join. Customer feedback is always taken into account when making changes to products, trading conditions, and incentive programs.
Status of WELTRADE on WikiFX
Weltrade has a score of 4.45 which means that the broker has issues with its regulation. Although the complaints got by WikiFX are only a few, they can still affect the score of a broker. Upon checking the regulation status of Weltrade on the FSCA official website. We found out that Weltrade already exceeds its regulation status and needs to be renewed.
You can check out more of Weltrade here: https://www.wikifx.com/en/dealer/9161578493.html
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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