Bonus Terms and Conditions
1. Pursuant to Bonus accrual rules, the «No Deposit Bonus» promotion (hereinafter the “Bonus Offer”, “Promotion”) shall begin on July 1, 2019. The number of bonuses provided is limited, the Company reserves the right to suspend the Promotion once a predetermined limit is reached.
2. The Bonus Offer is available to Clients who meet the following criteria:
– A Client has registered and opened his first Trading Account with the Company during the validity period of the Bonus Offer;
– A Client has completed general verification and provided his contact information in «My profile» section.
3. A Client can not deposit his own funds to the Bonus account.
4. The Bonus is a one-time offer and can be credited to the Bonus trading account only once. A Client is not eligible to claim and receive the bonus for the second time in accordance with the Bonus Terms and Promotions.
5. In the event that the Company has reasonable grounds to assume that a Client is using additional accounts for the purpose of obtaining the bonus or discovers any other fraudulent activity, the Company reserves the right to block all of the above-mentioned accounts and write off the profit obtained from trading with the bonus funds without prior notice.
6. To receive the Bonus, a Client shall have to perform the following steps in his Personal area:
– In the «Trading – Open trading account» section select «Islamic Bonus» or «Direct Bonus» account;
– Select “No Deposit Bonus” in the “Available bonuses” section.
7. A Client participating the Promotion can trade using the bonus funds within 14 (fourteen) days from the automatic bonus accrual. During this period, the Client can withdraw his profit, obtained from trading, from the Bonus trading Account to the Wallet, and then to verified payment details while simultaneously satisfying the following conditions:
– The participant of the Promotion has traded 5 lots or more. The turnover calculation does not include trades with a profit or loss of less than 10 pips. Pip – the 0.0001 price change or the 0.01 change in pairs with JPY, respectively.
– The minimum position holding time is 5 minutes;
– The total profit on all closed positions exceeds $15. The maximum profit available for withdrawal is $200. If the total profit received on the bonus account exceeds this threshold, the remaining funds will be written off from the Client’s Bonus account automatically. If a Client has fulfilled the necessary conditions but failed to withdraw the profit made by trading on the bonus account within 14 (fourteen) days, his Bonus trading account will be closed, and the profit received will be canceled;
– A Client has not employed the strategy of “locking-in”;
– A Client has confirmed his identity with the Company manager during the verification call.
Suite 305, Griffith Corporate Centre 1510, Beachmont,
Kingstown, Saint Vincent and the Grenadines