Bonus and Promotion Terms and Conditions - International

BONUS CLAUSE

 

The below stipulated general terms of the clause are subject to and are to be read in conjunction with the Terms & Conditions Agreement the client has agreed and accepted with O.C.M Online Capital Markets Limited (the “Company”).
You should read this only if you are a verified XForex Client.

The Company may in its sole and absolute discretion grant benefits to Customers by depositing bonus amounts to their Customer Account. These benefits are subject to such terms and conditions as the Company may specify and may only be used for the purposes for which they are credited to the Customer’s Account.
The Bonus Payment amount differs from one promotion to another according to the specified promotion offer, and will be of a fixed rate of the value of the qualifying deposit made by the customer during specified time.

 

The Bonus Payment is time limited and the pending bonus amount will be canceled once the expiry date is reached. Note that the exact time differs from one promotion to the other.

 

A Qualifying Deposit amount differs from one promotion to another according to the specified promotion offer and must be a unique deposit, which is made by the customer during a specified time.

 

The Account Verification Condition states that the bonus payment will be deposited in to a customer’s trading account only once the customer has forwarded the required documents and these documents have been approved by the company. Note, that the company reserves the right to require additional documents.

 

The Withdrawal Condition states that any withdrawal requests made during the time in which a pending bonus payment is active may result in the moderation and/or cancelation of the bonus amount.

 

The Volume Condition states that the bonus payment will be deposited into a customer’s trading account only once the customer completes the required trading volume. The trading volume condition also applies to physical bonuses, in which case the bonus will be posted rather than deposited into the customer's trading account.

 

  • A required trading volume differs from one bonus offer to another and will display in the platform under the “volume requirement” feature.
  • A “trading Volume” is the total value of contracts traded in a set period of time as stated in the specified promotional offer and counted only one time for each contract.
  • The volume count is a calculation of the sum of the total value of closed contracts that is counted towards the bonus eligibility will begin only after the “Pending Bonus” feature in the platform is activated. [I.e. you will see the exact amount of the pending bonus]
  • The trading volume is calculated according to the currency in which the Customer’s trading account is managed. [I.e. US dollars]
  • In cases of concurrent bonus offers, the “Pending Bonus” and “Volume to Reach” features in the platform, will display the aggregated amount. Each of the bonus offers, however, is calculated separately, and therefore there is no rollover of access volume amounts from one offer to another.

The company reserves the right to withdraw any bonus offer and/or reverse any offer already made without prior notification.

 

The Prizes enumerated herein shall be non-transferable and/or non-negotiable. XFOREX reserves the right to change the Prizes offered under this promotion at any point of time without prior notification.

 

Pending Bonus could be money or physical gift. In both cases the client must accomplish volume, based on the promotion requirement, in order to receive the bonus (or the gift).
 

 

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