Bonus Terms and Conditions

1. General provisions

1.1 The following Bonus Terms and Conditions (hereinafter referred to as the “Terms”, “Bonus Terms and Conditions”) determine the procedure and rules that govern basic operations performed by AMarkets LLC (hereinafter referred to as the “Company”) in accordance with its Bonus Program. The above-mentioned operations shall include services provided to individuals (hereinafter referred to as the “Clients”) related to the calculation, accrual, cancellation and deduction of Bonus funds, including transactions related to the cashback loyalty program.

1.2 These Terms are an integral part of a public offer placed by the Company on its website es.amarkets.com, which should be considered by all interested parties as an offer to conclude a “Customer Agreement” (hereinafter referred to as the “Agreement”), on the terms specified in the Agreement and its annexes.

1.3 The acceptance of the offer by any legally capable person shall mean unconditional acceptance of Bonus Terms and Conditions set forth herein. By accepting the offer, you confirm that you are not a citizen or a resident of the countries where the Company does not offer its services. The complete list of the countries is published on the Company’s website.

1.4 The Company undertakes to calculate, accrue and deduct bonus funds received by the Client as a part of various promotions and marketing activities of the Company, or obtained from the Company in any other way.

1.5 The Company has the right to make changes and additions to the Bonus Terms and Conditions unilaterally and at any time, without prior notification of its Participants.

1.6 The Company has the right to exclude the Client from participation in its Promotion (also referred to as Bonus Offer) without disclosing the reason.

1.7 The Company reserves the right to withdraw its Bonus Offer at any time without explanation.

1.8 In case the Company fully or partially writes off the Bonus from the Client’s account(s), the Client agrees not to take any legal action against the Company. In the event of a dispute, the Parties, i.e., the Promoter and the Promotion Participant, shall attempt to resolve the dispute in good faith through negotiation. If the dispute cannot be resolved by negotiation, complaints will be handled in accordance with the applicable law of the country where the Company is incorporated.

1.9 The Company has the right to refuse to provide any Bonus funds and privileges to the Client if the Client’s account is managed by a third party.

1.10 Please note that AMarkets does not provide bonuses to citizens and residents in the countries: Afghanistan, Hong Kong, Egypt, Israel, Pakistan, Philippines.

1.11 The Bonus Offer becomes available upon successful completion of the Client’s general verification process.
 

2. Terms and definitions

2.1 Bonus funds or Bonus – a conditional amount expressed in the account’s base currency, deposited into the Client’s trading account in the “Credit” field as part of various marketing campaigns, promotions or other interaction with the Company.

2.2 The bonus funds can be used only for independent trading on Standard and Fixed accounts in the MetaTrader 4 and MetaTrader 5 platforms.
 

3. Performing operations with Bonus funds

3.1 Bonus terms and conditions are set out separately for each Promotion and published on the Company’s website.

3.1.1 The Bonus is granted no later than 7 (seven) days after the Client funds his trading account.

3.1.2 The Bonus is calculated and accrued based on the actual balance in the trading account and cannot be more than the deposit amount in percentage terms.

3.1.3 The Bonus is deposited to the trading account participating in the Promotion and cannot be transferred or used in another account.

3.1.4 The maximum deposit bonus per Client is $5,000 USD, depending on the account currency. When combined with cashback earned through the loyalty program, the total maximum bonus amount per account can reach $7,500 USD.

3.1.5 The maximum amount of Credit Bonus available to one Client is 10,000 USD.

3.2 The Bonus can only be used for trading and cannot be withdrawn by the Client.

3.3 If there are Bonus funds in a trading account, all Client’s funds are divided into the Client’s own funds and Bonus funds. The Client’s own funds include deposits minus withdrawals (excluding Bonus funds), as well as the profit received from trading. Bonus funds represent the sum of all active Bonuses in the Client’s account, displayed in the “Credit” field of the MetaTrader 4 and MetaTrader 5 trading platforms. The sum of the Client’s own funds and Bonuses represent the account Equity.

3.4 Bonus funds can be used during a drawdown. If there are no open positions in the Client’s trading account, and the Equity level is below the Credit level, the remaining Bonus will be deducted from the account. For example, a Client deposited $1,000 into his account and received a $150 Bonus. This bonus will be displayed in the “Credit” field of the MT4 and MT5 trading platforms. If, after closing the last transaction, the Client’s account Equity is less than $150 (less than the value in the “Credit” field), then the Bonus will be written off in full.

3.5 The credit bonus granted as part of the “Trade demo, earn real cash” and “Double your trading deposit” promotions does not participate in the drawdown. Bonus funds will become available for withdrawal after the required trading volume is generated. The trading volume is calculated as follows:

Required number of lots to withdraw the bonus = Bonus amount / $3. Only closed trades on currency pairs are taken into account in the turnover calculations. The transaction must have at least a 3 pips difference between the open and close price to meet the volume requirement.

For example, a Client deposited $100 and received a $100 bonus. To withdraw the credit bonus, the Client must generate a trading turnover of 100 / 3 = 33.3 lots in currency pairs.

3.6 The Company has the right to block the Client’s account(s) (except as otherwise required by the federal law or relevant authority) and to transfer any unused funds (net of the Bonus amount) to the Client.

3.7 The Bonus is canceled when a Stop Out occurs (forced closure of open positions when the account’s margin reaches a certain level). When the Stop Out is triggered on Standard and Fixed accounts in the MetaTrader 5 platform, the most unprofitable positions will be liquidated at the market price one after another until the required margin level is restored. The Bonus will be canceled only after all the positions are closed as a result of a Stop Out.

3.8 The Bonus will be canceled in the event of inactivity in the Client’s trading account within 30 (thirty) calendar days.

3.9 If the Company suspects or has reasonable grounds to suspect that the Client is performing fraudulent operations, violating or taking unfair advantage of the Promotion terms and conditions or is acting in bad faith, the Company reserves the right, at its sole discretion, to decline, retain or write off the Bonus from the Client’s account (s) and refuse service to the Client and/or terminate the Customer Agreement between the Company and the Client for the provision of services if required.
 

4. Withdrawals from a trading account containing Bonus funds

4.1 Funds withdrawals from a trading account that contains Bonus funds are made in the following way:

4.1.1 Profit obtained through trading can be withdrawn without the deduction of bonus funds provided that the bonus funds to own funds ratio does not exceed 20% after the withdrawal.

4.1.2 Withdrawal of the Client’s own funds can be accompanied by partial or full deduction of Bonus funds in accordance with the following rules:

• If the share of Bonus funds after the withdrawal is less than 20% of the account’s Equity, the Bonus will not be written off.
• If the share of Bonus funds after the withdrawal is more than 20% of Equity, the Bonus will be partially written off. The amount of this partial deduction is calculated by the formula: (Bonus funds/Equity after withdrawal*100 – 20%) / 100 * Equity after withdrawal.
• If the share of Bonus funds after the withdrawal is more than 90% of the account’s Equity, the Bonus will be deducted in full.

Calculation examples:

A Client has $1,000 of his own funds (Balance) and $200 of bonus funds in his trading account. The account Equity is $1,200. The Client withdraws $100. The Balance will be $900, Bonus funds – $200, Equity – $1,100. The share of the Bonus funds (Bonus funds to Equity ratio) after the withdrawal will be 200 / 1,100 * 100 = 18.18%, which is less than 20%. In this case, the Bonus will not be written off.

A Client has $5,000 of his own funds (Balance), $1,000 of Bonus funds (displayed in the “Credit” field), and an open position with a floating loss of $-300 in his trading account. The account Equity is $5,700. The Client withdraws $1,500. The Balance will amount to $3,500, Bonus funds – $1,000, Equity – $4,200. After the withdrawal, the share of Bonus funds will be 1000 / 4,200 * 100 = 23.81%, which is more than 20%. In this case, the Bonus in the amount of 3.81% (23.81% – 20%) of Equity will be partially deducted: 3.81 / 100 * 4,200= $160.02.

A Client has $3,000 of his own funds (Balance) and $600 of Bonus funds (in the “Credit” field) in his trading account. The account Equity is $3,600. The Client withdraws all his funds in the amount of $3,000. The Bonus will be written off in full.

To receive a trading bonus from AMarkets, please leave us a message in a customer support live chat.
 

info@amarkets.com
Date of Last Revision 18/10/2024
AMarkets LLC registered in the Cook Islands with registration number LLC14486/2023