1.1 The bonus program is a clients stimulation system.
1.2 A bonus is the Client's financial reward, which is calculated according to the Bonus program terms.
1.3 Bonus funds are the funds that are deposited to the Client’s trading account by the Company according to the Bonus program terms.
1.4 Real funds are the funds that are deposited to the Client’s trading account.
1.5 A required trading turnover is the total amount of trades required to be eligible for the bonus program.
1.6 A deposit bonus is the Client’s reward, which is presented as bonus funds and added to the Client’s account after making a deposit.2. Participation in the Bonus program
2.1 Each Client who is complied with the Bonus program criteria is eligible to participate in the Bonus program.
2.2 By participating in the Bonus program the Client agrees with sharing his personal data (such as its first and last names, financial metrics) while publishing the results of the Bonus program, including usage of this information for marketing purposes.3. Rights and liabilities of parties
3.1 The Company reserves the right to change the rules of the Bonus program at its discretion.
3.2 The Company reserves the right to deactivate or terminate Bonus programs.
3.3 The Company has a right to refuse the Client from gaining bonus funds in case its failure to follow current rules and regulations of the Bonus program.
3.4 The Company reserves the right to use results of the Bonus program for marketing purposes.
3.5 The Company reserves the right to deduct the Bonus funds from the Client’s trading account in case its failure to follow the rules and regulations of the Bonus program or in case revealing technical malfunction or fraud.
3.6 By agreeing with the receipt of Bonus funds, the Client is obliged to comply with the terms of the Bonus program.
3.7 The Client has a right to refuse participating in the Bonus program.4. Conditions of the Bonus program
4.1 A bonus is not mandatory and the Client has a right to refuse it.
4.2 A bonus is offered by the Company by depositing Bonus funds to the Client’s trading account.
4.3. According to the terms of the Bonus program a Bonus is depositary.
4.3.1 Terms and conditions of operations with a depositary bonus
22.214.171.124 The total amount of Bonus funds is calculated depending on the sum deposited to the Client’s trading account. Current correlation between a deposit and a Bonus amount is shown in the payment section.
126.96.36.199 A bonus is deposited to the Client’s trading account after arrival of funds to the Company’s operating account.
188.8.131.52 While using a bonus the Client should reach the required trading turnover in order to withdraw funds from its trading account.
184.108.40.206 The amount of the required trading turnover is a sum exceeding a thirty-five (35) times the bonus sum.
4.4 The real funds coefficient
4.4.1 The total sum of available bonus and real funds is shown at the Client’s trading account after depositing bonus funds.
4.4.2 After depositing the bonus funds, the real funds coefficient is assigned to the Client’s trading account. The coefficient is calculated by the formula:
RF+BF = SS
RF - real funds
BF - bonus funds
SS - the sum of real and bonus funds
C - coefficient
If you deposited 5000 of real funds, then according to the Bonus program rules, the Company deposits 1350 of bonus funds to your trading account. Let’s calculate the coefficient:
5000+1350 = 6350 5000/6350 = 0,787 I.e. the real funds coefficient is 0,787.
The coefficient is assigned for calculating the sum of real funds on the Client’s trading account at anytime by the formula:
SS(at present time) * C = RF
Let’s calculate the example:
8750*0,787 = 6886,25
I.e. in case the total balance of the trading account is 8750. The real Client’s funds are 6886,25.
4.4.3 Depositing funds while participating in the Bonus program.
220.127.116.11 After the Client deposits real funds to its trading account until the moment of reaching the required trading turnover, the Real funds coefficient is converted, calculated, and then adjusted for the previous trading turnover in the following way:
SS(at present time) = 10200
Calculating RF and BF by the formula given at the paragraph 4.4.2.
RF(1) = 8027,4
BF(1) = 2172,6
The Client deposits 8000 and according to the Bonus program rules gets 1850 of bonuses.
RF = RF(1)+RF(2)
BF(1) = BF(1)+BF(2)
RF(1) are the real funds before depositing to the trading account
RF(2) are the real funds, deposited second time.
BF(1) are the bonus funds before depositing to the trading account
BF(2) are the bonus funds deposited to the Client’s account after his second deposit.
Let’s calculate according to the algorithm above:
RF=8027,4+8000 = 16027,4
BF= 2172,6+1850 = 4022,6
A new coefficient will be the following:
16027,4 + 4022,6 = 20050
16027,4 / 20500 = 0,799
C = 0,799
4.5 The required trading amount does not include the trades finished as “Out Of The Money”. “Out Of The Money” is a trade in which the strike price is equal to the expiration price.5. Funds withdrawal
5.1 Withdrawal of the funds from the Client’s trading account in a case where a Bonus had been used is only possible after the Client achieves the required trading turnover. The amount of the required trading turnover is specified in the paragraphs 18.104.22.168.
5.2 The Client has a right to withdraw all funds from the trading account in case of a total refusal from the bonus funds.
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