Common use of Qualified Introduced Client Clause in Contracts

Qualified Introduced Client. An individual or entity which was directed by a Marketing Partner, and identified by a Tracker ID assigned to such Marketing Partner, provided that: (a) such Marketing Partner is confirmed by IG or on behalf of IG by a member of the IG Group as included in the Programme and is linked to the Site(s) in accordance with this Agreement; (b) such individual or entity is not already registered to the Site(s), including through registration under a different name or through a different identity; (c) such individual or entity is not from a banned country as set out in the Marketing Partnership Section from time to time; (d) with the exception of the Netherlands, such individual or entity has been approved by a member of the IG Group on behalf of IG and has made a minimum real money deposit of at least US$250 for leveraged accounts or US$700 for non-leveraged accounts (or their currency equivalent relevant as applicable), or such other minimum amount as shall be specified by the Programme from time to time per relevant country; (e) with the exception of the Netherlands, such individual or entity has entered into no less than ten (10) trades with a member of the IG Group for leveraged accounts or one (1) trade with a member of the IG Group for non-leveraged accounts or as otherwise agreed between the parties; for the Netherlands, such individual or entity has been approved by IG or a member of the IG Group on behalf of IG and has a Qualified Introduced Open Account; and (f) for IG Bank S.A., such individual or entity is a Swiss resident and has been approved by IG Bank S.A. For the avoidance of doubt, neither a Marketing Partner nor any of its Affiliated Parties are eligible to become Qualified Introduced Clients under such Marketing Partner’s Tracker ID(s), and should a Marketing Partner or any of its Affiliated Parties register in such a manner, the Marketing Partner will not be eligible to receive the applicable commission or any other compensation whatsoever.

Appears in 2 contracts

Samples: Marketing Partnership Agreement, Marketing Partnership Agreement

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Qualified Introduced Client. An individual or entity which was directed by a Marketing Partner, and identified by a Tracker ID assigned to such Marketing Partner, provided that: (a) such Marketing Partner is confirmed by IG or on behalf of IG by a member of the IG Group as included in the Programme and is linked to the Site(s) in accordance with this Agreement; (b) such individual or entity is not already registered to the Site(s), including through registration under a different name or through a different identity; (c) such individual or entity is not from a banned country as set out in the Marketing Partnership Section from time to time; (d) with the exception of the Netherlands, such individual or entity has been approved by a member of the IG Group on behalf of IG and has made a minimum real money deposit of at least US$250 for leveraged accounts or US$700 for non-leveraged accounts (or their currency equivalent relevant as applicable), or such other minimum amount as shall be specified by the Programme from time to time per relevant country; (e) with the exception of the Netherlands, such individual or entity has entered into into: (i) no less than ten (10) trades with a member of the IG Group for leveraged accounts or (with the exception of barriers and options accounts); (ii) no less than twenty (20) trading events with a member of the IG Group for barriers and options accounts; or (iii) one (1) trade with a member of the IG Group for non-leveraged accounts or as otherwise agreed between the parties; for the Netherlands, such individual or entity has been approved by IG or a member of the IG Group on behalf of IG and has a Qualified Introduced Open Account; and (f) for IG Bank S.A., such individual or entity is a Swiss resident and has been approved by IG Bank S.A. For the avoidance of doubt, neither a Marketing Partner nor any of its Affiliated Parties are eligible to become Qualified Introduced Clients under such Marketing Partner’s Tracker ID(s), and should a Marketing Partner or any of its Affiliated Parties register in such a manner, the Marketing Partner will not be eligible to receive the applicable commission or any other compensation whatsoever.

Appears in 1 contract

Samples: Marketing Partnership Agreement

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Qualified Introduced Client. An individual or entity which was directed by a Marketing Partner, and identified by a Tracker ID assigned to such Marketing Partner, provided that: (a) such Marketing Partner is confirmed by IG or on behalf of IG by a member of the IG Group as included in the Programme and is linked to the Site(s) in accordance with this Agreement; (b) such individual or entity is not already registered to the Site(s), including through registration under a different name or through a different identity; (c) such individual or entity is not from a banned country as set out in the Marketing Partnership Section from time to time; (d) with the exception of the Netherlands, such individual or entity has been approved by a member of the IG Group on behalf of IG and has made a minimum real money deposit of at least US$250 for leveraged accounts or US$700 for non-leveraged accounts (or their currency equivalent relevant as applicable), or such other minimum amount as shall be specified by the Programme from time to time per relevant country; (e) with the exception of the Netherlands, such individual or entity has entered into into: (i) no less than ten (10) closed trades with a member of the IG Group for leveraged accounts or (with the exception of barriers and options accounts); (ii) no less than twenty (20) trading events with a member of the IG Group for barriers and options accounts; or (iii) one (1) trade with a member of the IG Group for non-leveraged accounts or as otherwise agreed between the parties; ; (f) for the Netherlands, such individual or entity has been approved by IG or a member of the IG Group on behalf of IG and has a Qualified Introduced Open Account; and (fg) for IG Bank S.A., such individual or entity is a Swiss resident and has been approved by IG Bank S.A. For the avoidance of doubt, neither a Marketing Partner nor any of its Affiliated Parties are eligible to become Qualified Introduced Clients under such Marketing Partner’s Tracker ID(s), and should a Marketing Partner or any of its Affiliated Parties register in such a manner, the Marketing Partner will not be eligible to receive the applicable commission or any other compensation whatsoever.

Appears in 1 contract

Samples: Marketing Partnership Agreement

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