Common use of Deposit Bonus Clause in Contracts

Deposit Bonus. The Client may receive a bonus (the “Bonus”) in the amount of each deposit of percentage of up to 15%. The bonus percentage is subject to the amount of the deposit (Account Base Currency) as this is defined below *: First Time Deposit Bonus 1 up to $4,999 Bonus of 2% 2 $5,000 - $9,999 Bonus of 4%, mql5 access, SMS signals, tutorials (50% access) 3 $10,000 - $19,999 Bonus of 6%, mql5 access, SMS signals, tutorials (70% access), analytical tools, Senior Platform Manager 4 $20,000 - $49,999 Bonus of 10%, mql5 access, SMS signals, tutorials (80% access), analytical tools, all IPOs access, Senior Platform Manager 5 $50,000 and above Bonus of 15%, mql5 access, SMS signals, tutorials (100% access), analytical tools, Senior Platform manager * Only valid for first time deposit for one account only. Managerial Bonus: The Client may receive a bonus (the “Bonus”) of any amount at the discretion of the Company. Conditions that apply to ANY Bonus: • The Bonus can be in USD/EUR or any other currency that the Company will allow the Client. • The Bonus will be deposited as a CREDIT into his/her trading account provided that he/she will request the receipt of the bonus and he/she will confirm the acceptance of the Bonus Terms and Conditions by electronically consenting to the present terms. The Bonus shall apply to all account types. • The Client confirms that he/she receives the Bonus for himself/herself and not for members of his/her family. • The Client will not be entitled to withdraw the Bonus offered by the Company. • At any time, the Client can withdraw the available funds in his/her account and any profits generated irrespective of meeting or not the Trading Volume Requirement. Numerical example of Trading Volume Requirement: For each 1USD (or equivalent) Bonus the client needs to trade 0.2 lot (i.e.: 1000USD bonus => 1000x0.2=200 lots). If a Client requests to withdraw before executing the Trading Volume Requirement, the bonus will be deducted from his total balance before the withdrawal request is processed. Numerical example of withdrawal before the Trading Volume Requirement is met: • Account balance at the time of withdrawal is USD5.000 • Deposit amount is USD 3,000 • Bonus amount is USD 60 • Profits are USD 1,940 • Amount eligible for withdrawal USD 4,940 The Bonus has an expiry date of 6 months from the day it was accepted by the client and the Company has deposited it to the account. In order for a client to obtain the Bonus, it is necessary to complete the compliance identification procedures and receive the compliance approval notification. The Company may cancel the Bonus in case of revealing dishonest usage of the bonus surcharge system. If the deposit was withdrawn immediately after the Bonus receipt, the company reserves the right to cancel the Bonus for this trading account. The Company reserves the right to revoke the bonus should the special offer be abused and/or should the offer’s terms fail to be met. The Company’s decision – should this be the case – shall be final. The Company’s brokers do not have the ability to remove the bonus. All bonus insertions are final. By accepting a bonus into your account, you are agreeing to the terms and conditions above and hereinafter. In the event where a Client accepts a bonus in accordance with the present Agreement, undertakes the obligation of our trading benefits (but not exclusively) and requests to withdraw in contrary to the terms and conditions of the present Agreement, the Client’s request will be reviewed by a special committee that will decide in accordance with each Client’s unique circumstances.

Appears in 3 contracts

Samples: Bonus Policy, Bonus Policy, Bonus Policy

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Deposit Bonus. The Client may receive a bonus (the “Bonus”) in the amount of each deposit of percentage of up to 15%. The bonus percentage is subject to the amount of the deposit (Account Base Currency) as this is defined below *: Licence Number SFC Hong Kong AAC1995 Registered office Sun Hung Kai Forex Limited 00 Xx Xxxxxx Xxx, 00 Xxxxx Xxxxxx Xxxxxxxx Xxx, Xxxx Xxxx Offices: 00 Xxxxx Xxx X-0000 Xxxxxxxxxx. Phone: +000 00000000 First Time Deposit Bonus 1 up to $4,999 Bonus of 2% 2 $5,000 - $9,999 Bonus of 4%, mql5 access, SMS signals, tutorials (50% access) 3 $10,000 - $19,999 Bonus of 6%, mql5 access, SMS signals, tutorials (70% access), analytical tools, Senior Platform Manager 4 $20,000 - $49,999 Bonus of 10%, mql5 access, SMS signals, tutorials (80% access), analytical tools, all IPOs access, Senior Platform Manager 5 $50,000 and above Bonus of 15%, mql5 access, SMS signals, tutorials (100% access), analytical tools, Senior Platform manager * Only valid for first time deposit for one account only. Managerial Bonus: The Client may receive a bonus (the “Bonus”) of any amount at the discretion of the Company. Conditions that apply to ANY Bonus: • The Bonus can be in USD/EUR or any other currency that the Company will allow the Client. • The Bonus will be deposited as a CREDIT into his/her trading account provided that he/she will request the receipt of the bonus and he/she will confirm the acceptance of the Bonus Terms and Conditions by electronically consenting to the present terms. The Bonus shall apply to all account types. • The Client confirms that he/she receives the Bonus for himself/herself and not for members of his/her family. • The Client will not be entitled to withdraw the Bonus offered by the Company. • At any time, the Client can withdraw the available funds in his/her account and any profits generated irrespective of meeting or not the Trading Volume Requirement. Numerical example of Trading Volume Requirement: For each 1USD (or equivalent) Bonus the client needs to trade 0.2 lot (i.e.: 1000USD bonus => 1000x0.2=200 lots). If a Client requests to withdraw before executing the Trading Volume Requirement, the bonus will be deducted from his total balance before the withdrawal request is processed. Licence Number SFC Hong Kong AAC1995 Registered office Sun Hung Kai Forex Limited 00 Xx Xxxxxx Xxx, 00 Xxxxx Xxxxxx Xxxxxxxx Xxx, Xxxx Xxxx Offices: 00 Xxxxx Xxx X-0000 Xxxxxxxxxx. Phone: +000 00000000 Numerical example of withdrawal before the Trading Volume Requirement is met: • :Account balance at the time of withdrawal is USD5.000 • Deposit amount is USD 3,000 • Bonus amount is USD 60 • Profits are USD 1,940 • Amount eligible for withdrawal USD 4,940 The Bonus has an expiry date of 6 months from the day it was accepted by the client and the Company has deposited it to the account. In order for a client to obtain the Bonus, it is necessary to complete the compliance identification procedures and receive the compliance approval notification. The Company may cancel the Bonus in case of revealing dishonest usage of the bonus surcharge system. If the deposit was withdrawn immediately after the Bonus receipt, the company reserves the right to cancel the Bonus for this trading account. The Company reserves the right to revoke the bonus should the special offer be abused and/or should the offer’s terms fail to be met. The Company’s decision – should this be the case – shall be final. The Company’s brokers do not have the ability to remove the bonus. All bonus insertions are final. By accepting a bonus into your account, you are agreeing to the terms and conditions above and hereinafter. In the event where a Client accepts a bonus in accordance with the present Agreement, undertakes the obligation of our trading benefits (but not exclusively) and requests to withdraw in contrary to the terms and conditions of the present Agreement, the Client’s request will be reviewed by a special committee that will decide in accordance with each Client’s unique circumstances. Should you require any further information and/or have any questions regarding the Bonus Terms and Conditions, please direct your request and/or questions to info xxxxxxx@xxxxx-xxxxxxx.xxx Licence Number SFC Hong Kong AAC1995 Registered office Sun Hung Kai Forex Limited 00 Xx Xxxxxx Xxx, 00 Xxxxx Xxxxxx Xxxxxxxx Xxx, Xxxx Xxxx Offices: 00 Xxxxx Xxx X-0000 Xxxxxxxxxx.

Appears in 1 contract

Samples: Bonus Policy

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