Terms and Conditions
20% Tradable Bonus Terms & Conditions
This Bonus Program is intended to protect accounts from drawdown periods. The Bonus can be lost with no limitations and also be used as margin.
- The 20% Tradable Bonus will be deposited automatically into the relevant Trading Account with the deposit amount.
- The 20% Tradable Bonus will be applied on EVERY deposit for the relevant Trading Account.
- This 20% Tradable Bonus Program can only be applied to one account per client.
- The 20% Tradable Bonus can be used as stop loss as there is no limitation in using it for trading.
- The maximum total Tradable Bonus awarded is $200 per Client.
- The Tradable Bonus only applies on deposits over $100.
- In the event that the maximum total bonus has been received and lost, no other 20% Bonus account is allowed.
- In the case that the Client performs any withdrawal from a Trading Account that has the 20% Tradable Bonus in it, a corresponding Bonus removal will automatically take place.
- The formula used by the system regarding Bonus Removals upon a withdrawal request is: Withdrawal Amount × 20%.
- If there are open positions in the relevant Trading Account, and the equity in this account is lower than the Active Bonus, then the Bonus awarded will not be credited into the Trading Account until such time when there are no open positions.
- Active Bonus refers to the following: Total Bonus Awarded – (Lost Bonus + Bonus Removal).
- If the Client reaches Stop out Limit, then he/she will be entitled to an additional 20% bonus (‘Tradable Bonus’) on their next deposits, up to a maximum of $200. The ‘Tradable Bonus’ is not applied automatically.
- An account is considered to have reached ‘Stop out Limit’ if the open trades in the account were stopped out.
How to Claim the Tradable Bonus
- To claim the ‘Tradable Bonus’ under this Bonus Program, the Client must email the Company their relevant Trading Account number at [email protected]/. The ‘Tradable Bonus’ shall be granted provided all requirements set out in these terms and conditions are met.
- The ‘Tradable Bonus’ will only be applied to the trading account that received the initial 20% Tradable Bonus.
Abuse and Misuse
- If the Company suspects or believes that a Client has abused the Bonus Program (e.g., by hedging positions internally or externally), it reserves the right to withdraw the Tradable Bonus (and any additional bonus) from the Client’s account(s) without consent.
- If the Company suspects that a Client has more than one account under this Bonus Program, it reserves the right to immediately remove the Tradable Bonus from the Client’s account(s). The Company will not be liable for any resulting stop losses.
Risk Disclosure
The Client acknowledges that Forex and CFDs are leveraged products involving a high level of risk. Clients may lose all their capital, and these products may not be suitable for everyone. Utilizing this Bonus Offer may increase trading risk. Clients are advised to seek independent financial advice if needed.
Changes to the Program
The Company reserves the right to modify, change, or terminate this Bonus Program or any part of its terms and conditions at any time without the Client’s consent.
The bonus will be treated as backup equity. In the case of a loss, the actual liquidity will be used first, followed by the bonus.