This agreement is the addition to the User Agreement, published in the relevant section of this site. By accepting the terms of the User Agreement, the Client agrees to accept the Standard Bonus Agreement.
1.1. In case the Client has already been granted a bonus, then the maximum available amount of bonus the Client can receive should be equal to the sum of gained profit from utilizing the bonus and all non-trading (replenishment of trading account) operations.
1.1.1. The Client agrees that bonus funds are a property of the Company credited to the Client’s Trading Account in order to secure opened trading orders, and to increase the leverage on the account.
1.1.2. It is strictly prohibited to give or sell bonuses to any third party. Bonuses are tied to a specific Trading account and cannot be transferred to another Trading Account under certain conditions. The only exception is when the bonus funds being deducted by the Company when the terms of the Bonus Policy were met.
1.2. While bonus is credited to the Client’s Account this Bonus Agreement is applied to any trading account that is opened under the client (in case there are more than one trading account). The following Bonus Agreement is the addition to the User Agreement. By accepting the terms of Bonus Agreement the Client also accepts the User Agreement.
2.1. The Company reserves the right to approve the Client’s withdrawal request from the Trading Account on its own discretion if at least 3 standard lots were executed.
3.1. The client has the right to refuse using the bonus funds credited to the Trading Account until the first trading order is opened in the trading terminal. In case the Client rejects a bonus and wants it to be deducted from the account’s balance, the corresponding email has to be sent to email@example.com.
3.2. By opening any trading order on the trading terminal with the granted bonus to the trading account the Client automatically accepts all of the terms and conditions of the following Bonus Policy which is the addition to the User Agreement.
4.1. The terms of the Bonus Agreement should be considered as fulfilled after the Client has executed BUY or SELL transactions in a total volume equal to X*7 standard lots* for every 100 dollars of the granted bonus, where X = the amount of the bonus/100.
For example: Bonus 100% equals $ 1,000, for a total withdrawal of profit, you must execute BUY or SELL operations with 70 standard lots. At the same time, the operation will be considered as worked out if it was being traded at the time of fixing the trading operation not less than:
4.2. If there are other types of bonuses on the Trading Account, then these funds must be worked out together. To have the bonus funds recalled from the Trading Account by the Company, the Client must send a request to the email address firstname.lastname@example.org when the required number of lots is executed. The bonus funds must be available in full amount on the Trading Account at the time the application for Bonus recall is reviewed by the manager. The company reserves the right to reject an application for Bonus recall without explanation. Ony full amount of the bonus can be recalled – there is no possibility of a partial deduction of the bonus funds.
6.1. The company reserves the right to reject an application for bonus funds recall without explanation and warning the Client**.
* Lot for working out the bonus is equal to the volume of 100 000 dollars / euro depending on the currency of the account
** If on the account, apart from the Standard Bonus there is a bonus of any other type then bonus funds are worked out together.