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FOREX.com Welcome Bonus Terms & Conditions
FOREX.com Welcome Bonus Terms & Conditions The following terms and conditions shall apply to the FOREX.com Welcome Bonus (the “Promotion”) offered to new account holders of GAIN Global Markets, Inc. d/b/a FOREX.com (“FOREX.com”, “we”, “our”, or “us”) at FOREX.com’s sole discretion. FOREX.com is a brand name of GAIN Global Markets, Inc., a wholly‑owned subsidiary of StoneX Group Inc. You agree that by participating in the Promotion you will be bound by these terms and conditions (the “Promotion Terms”) as well as the FOREX.com Customer Agreement (including any supplemental terms) that apply to your account (“Our Terms”). Capitalized terms and expressions used in these Promotion Terms shall have the same meaning as in Our Terms unless specified otherwise in the Promotion Terms. In case of disputes, the interpretations, and decisions of FOREX.com shall be final and binding on all participants. 1. Eligibility and Promotion Period: 1.1 This Promotion is only available to new FOREX.com account holders. 1.2 FOREX.com customers who were introduced or referred by an introducing broker or a third party affiliate are not eligible for this Promotion. 1.3 Employees of FOREX.com (or any other company within the StoneX group of companies, as determined by FOREX.com in its absolute discretion) and their immediate family members shall not be eligible to participate in the Promotion. In addition, employees of any partners and agencies (including, without limitation, any external auditor(s) and advertising agencies) who are directly involved in the organization or conduct of the Promotion as determined by FOREX.com, shall not be eligible to participate in the Promotion. This Promotion is also not open to employees of any other company engaged in direct competition with FOREX.com. 1.4 The Promotion is limited to one account per person and no multiple entries will be permitted. Multiple accounts from the same household may be barred from the Promotion. 1.5 Joint accounts or accounts which have a Limited Power of Attorney in force will not be eligible for the Promotion. 1.6 Only natural persons with full legal capacity, over eighteen (18) years of age, are eligible for this Promotion. 1.7 Participants must not reside in the United States, United Kingdom, Canada, the People’s Republic of China, Australia, Japan, Singapore or any member of the European Union. 1.8 To qualify for the Promotion, eligible clients will need to:
Anyone who meets the criteria above shall be deemed a “Qualifying Applicant.” Qualifying Applicants should read these Promotion Terms carefully and reacquaint themselves with Our Terms. 1.9 The Promotion is subject to a fair use policy and consequently FOREX.com has the right to withhold the Promotion if it has reasonable belief that there has been co-operation, collusion or organization of trades from the same source, or if it has reasonable belief that the Promotion is being abused in any way. 2. Funding, Account Balance, and Trading Requirements: 2.1 Qualifying Applicants will be eligible for a bonus (“Bonus”) equivalent to 20% of the deposits made into the Qualifying Applicant’s account within the first 14 days of the first deposit date. The cut-off point on the 14th day will be 23:59 GMT. 2.2 The maximum Bonus redeemable for this Promotion is $5000 USD. 2.3 The minimum Bonus redeemable for this Promotion is $50 USD. A deposit of at least $250 must be made to qualify for this Promotion. 2.4 To receive the Bonus, participants must place the minimum number of Qualifying Trades. The tables in Appendix A of these Promotion Terms reflect the trading volume equal to one Qualifying Trade for each product category. Qualifying Applicants can place any combination of opening and closing trades, in any markets, to meet Qualifying Trade requirements. 2.5 The number of Qualifying Trades required to receive the Bonus is 4% of the anticipated total Bonus amount, which is determined by the deposits made into the Qualifying Applicant’s account within first 14 days of the first deposit date. For example:
2.6 For the purposes of this Promotion, the Promotion Period extends until 11:59:59 PM UTC on the 60th calendar day following the initial deposit date, with the day of the initial deposit date considered day one. Note: The Promotion Period begins on the date of the initial deposit date and lasts 60 calendar days, regardless of when within the opt-in window the client joins. 2.7 The Bonus will be credited to a Qualifying Applicant’s account on the Wednesday after the Qualifying Applicant has satisfied the minimum trading requirements. 2.8 The Bonus will be calculated in US dollars. The Bonus earned by a non-US dollar account will be converted into the base currency of the client’s account by the non-negotiable exchange rate provided by FOREX.com. 2.9 Qualifying deposits can be made via one lump sum or a series of deposits that settle with FOREX.com within 14 days of the first deposit. Fund transfers from another FOREX.com account will not qualify as deposits towards the Promotion. 2.10 Only one Bonus will be paid per client. Once Qualifying Applicants receive a Bonus, they will not be eligible to receive any further Bonus payments in respect of this Promotion. 2.11 This Promotion may not be used in conjunction with any other promotion or offer related to new account creation or funding. 2.12 The Bonus does not represent a commitment to make further payments in the future. 2.13 FOREX.com is compensated through the bid/ask spread. Your trading costs and/or trading losses may exceed the amount of the Bonus you qualify for. 2.14 The Bonus is non-transferable between individuals or accounts, and no alternative prize or substitute will be offered. However, once credited, the Bonus may be used for trading or withdrawn in accordance with our standard withdrawal procedures. 2.15 If any restrictions apply to a Qualifying Applicant’s account, the account will not be eligible for the Bonus until the restrictions are lifted. The account must be open, not in default, and not the subject of any dispute with FOREX.com on the date that the payment becomes payable to qualify for this Promotion. 2.16 FOREX.com will not be liable for any losses that may be incurred as a result of trading, including trading with the Bonus. This Promotion is not intended to change any client’s risk preferences or investment strategies, and FOREX.com accepts no responsibility for the same. 2.17 Qualifying Applicants should read these Promotion Terms carefully in conjunction with Our Terms. 3. General 3.1 This Promotion must only be used for personal and non-commercial purposes. 3.2 If FOREX.com at any point discovers that a Qualifying Applicant is in fact not eligible to participate in the Promotion, FOREX.com may at its discretion reverse the Bonus. No person shall be entitled to any payment or compensation from FOREX.com should any Bonus be forfeited or reversed. 3.3 FOREX.com shall not be liable to any account holder or any other persons for any loss, taxes or damage arising in connection with the Promotion, including without limitation, any error, technical malfunction of the Internet or FOREX.com’s trading platform, or any breakdown or malfunctions in any computer system, mobile application, downloadable software, or equipment including that of FOREX.com or of a Qualifying Applicant. 3.4 In the event that any deposit made by a Qualifying Applicant is cancelled or charged back, returned from the bank for insufficient funds, fraud, or any other reason, the Qualifying Applicant will become ineligible for a Bonus and FOREX.com has the right to reclaim and remove any Bonus deposited to an account under this Promotion. FOREX.com reserves the right at its sole discretion to disqualify any individual that tampers or attempts to tamper with the entry process, the operation of the Promotion, or breaches the Promotion or Our Terms. 3.5 The decision of FOREX.com on all matters relating to the Promotion shall be final and binding on all participants and any other persons, including, without limitation, any decision to cancel or suspend the Promotion. 3.6 FOREX.com reserves the right to cancel, revoke, or withdraw the Promotion at any time in case of any suspected abuse of the Promotion by a participant. 3.7 FOREX.com may at any time at its sole and absolute discretion, without notice or assigning any reason therefore, terminate this Promotion, or delete, vary, supplement, amend, restrict, withdraw, or modify any one or more of these Promotion Terms in such manner as FOREX.com shall see fit, including without limitation, the eligibility of any client, the bases and methods of identification of Qualifying Applicants, and any dates in connection with the Promotion and the Promotion period. Modifications and/or exceptions to these Promotion Terms are at FOREX.com’s sole discretion, and its decision is final. FOREX.com is the sole arbiter of these Promotion Terms and any other issue arising under this Promotion. 3.8 Participants are deemed to have accepted and agreed to be bound by these terms and conditions upon entry. 3.9 FOREX.com may make changes to these Promotion Terms by posting the modified terms on its website. The publication of modified terms on its website shall be deemed sufficient notice of the changes. Your use of FOREX.com’s services following the publication of the changes shall constitute acceptance of any such modified terms. 3.10 FOREX.com shall not, to the extent permitted by law, be liable for any claims, costs, expenses, loss or damage suffered by any person as a result of this Promotion and its Terms. 3.11 Any dispute or situation not covered by these Promotion Terms will be resolved by FOREX.com’s management in a manner it deems to be the fairest to all concerned, and that decision shall be final and/or binding on all parties. 3.12 This Promotion will be governed by the laws of the jurisdiction of the FOREX.com entity with which the Qualifying Applicant’s Account was opened in accordance with Our Terms. 3.13 If any term of these Promotion Terms is found to be illegal, invalid, or unenforceable under any applicable law, such term shall be deemed omitted and shall in no way affect the legality, validity, or enforceability of the remaining terms. 3.14 If these Terms are translated into a language other than English, then the English version of the Terms shall prevail where there is an inconsistency. 3.15 Each Qualifying Applicant who successfully takes part in this Promotion is responsible for any and all taxes payable (if any) as a result of the deposit of the Bonus to their account, and therefore all Qualifying Applicants should consult their tax advisers concerning the reporting of Bonus payments. Risk Warning: Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest. Information on the FOREX.com website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks. APPENDIX A Qualifying Applicants can place any combination of opening and closing trades, in any markets, to meet Qualifying Trade requirements. HKD currency pairs are excluded from the Qualifying Trade requirements. Shares
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