Cap Date

Maximum One has a maximum cap on transaction fees paid to the Brokerage of $6,000.  This is a non-guaranteed cap meaning you do not have to guarantee those funds to the Broker.  The cap date is based on YOUR anniversary year with Maximum One and goes from the 1^st of the month to the last day of the previous month 11 months later.  Your cap date is determined by when you initially joined Maximum One.

• ·         If you join Maximum One from the 1^st through the 20^th of a month, your initial cap period will begin the 1^st of the following month.
• ·         If you join Maximum One from the 21^st of the month through the 31^st of the month, your cap period will initially begin the 1^st  of the month proceeding the following month.
• ·         For Example, if you join MX1 August 9^th your Cap Period is: September 1^st  - August 31^st   If you join MX1 August 29^th, your Cap Period is: October 1^st – September 30^th
• ·         After that, your Cap period is a 12 month cycle