1. General provisions
1.1 The following Bonus Terms and Conditions (hereinafter referred to as the “Terms”) determine the procedure and rules that govern basic operations performed by AMarkets LTD (hereinafter referred to as the “Company”) in accordance with its Bonus Program. The abovementioned operations shall include services provided to individuals (hereinafter referred to as the “Clients”), related to calculation, crediting, cancellation and deduction of bonus funds.
1.2 These Terms are an integral part of a public offer placed by the Company on its website at https://amarkets.ng, which should be considered by all interested parties as an offer to conclude a “Customer Agreement” (hereinafter referred to as the “Agreement”), on the terms specified in the Agreement and its annexes.
1.3 The acceptance of the offer by any legally capable person shall mean unconditional acceptance of Bonus Terms and Conditions set forth herein. By accepting the offer, you confirm that you are not a citizen or a resident of the countries, where the Company does not offer its services. The full list of such countries is published on the Company’s website.
1.4 The Company undertakes to calculate, credit and write off bonus funds received by the Client as a part of various promotions and marketing activities of the Company, or obtained from the Company in any other way.
1.5 The Company has the right to make changes and additions to the Bonus Terms and Conditions unilaterally and at any time, without prior notification of its Participants.
1.6 The Company has the right to exclude the Clients from participation in its Promotion (also referred to as Bonus Offer) without disclosing the reason.
1.7 The Company reserves the right to withdraw its Bonus Offer at any time without explanation.
1.8 All bonuses are valid within 2 (two) months from the date of accrual, unless otherwise stated in the bonus offer terms and conditions.
1.9 The Company may at its sole discretion exchange or substitute prizes for the Promotion without prior notice.
1.10 In case the Company fully or partially writes off the bonus from the Client’s account(s), the Client agrees not to take any legal action against the Company. In the event of a dispute the Parties, i.e. the Promoter and the Promotion Participant, shall attempt to resolve the dispute in good faith through negotiation. If the dispute cannot be resolved by negotiation, complaints will be handled in accordance with applicable law of the country, where the Company was incorporated.
1.11 The Company has the right to refuse to provide any Bonus funds and privileges to the Client if the Client’s account is managed by a third party.
1.12 Please note that AMarkets does not provide bonuses to citizens and residents in the countries: Afghanistan, Hong Kong, Egypt, India, Israel, Pakistan, Singapore, Philippines.
2. Terms and definitions
2.1 Bonus – a notional amount, expressed in the account’s base currency and credited to the Client’s account during various promotions and marketing campaigns organized by the Company, or as a result of any other cooperation or interaction with the Company.
2.2 Accrued bonus funds can be used only for independent trading on Standard and Fixed accounts in the MetaTrader 4 platform.
3. Performing operations with Bonus funds
3.1 Bonus terms and conditions are set out separately for each Promotion and published on the Company’s website.
3.1.1 The Bonus is granted no later than 7 (seven) days after the Client deposits their trading account.
3.1.2 The Bonus is calculated and credited based on the amount of the actual balance in the trading account, and cannot be more than the fixed percentage from the amount of deposit.
3.1.3 The Bonus is credited to the trading account participating in the Promotion, and cannot be transferred or used in another account.
3.1.4 The maximum amount of Trading Bonus available to one Client is 5 000 USD, 5 000 EUR depending on the currency of the trading account.
3.1.5 The maximum amount of Credit Bonus available to one Client is 10 000 USD.
3.2 The Bonus can only be used for trading and cannot be withdrawn by the Client.
3.3 The Company has the right to write off the Bonus from the Client’s trading account at any time or upon the Client’s request for withdrawal after the bonus funds have been credited to the account (during or after the Bonus period) and immediately prior to the execution of the withdrawal request (if possible).
3.4 Once the Bonus is credited, if the Client makes a request for withdrawal of funds (or internal transfer from one account to another) from their account during or after the Bonus period, the Company, at its own discretion, may decide to write off the Bonus before the withdrawal request is executed.
3.5 The Company has the right to block the Client’s account(s) (except as otherwise required by the federal law or relevant authority) and to transfer any unused funds (net of the bonus amount) to the Client.
3.6 The Bonus for the reporting period shall be canceled if the Client makes a full or partial withdrawal of their own funds from the trading account.
3.7 The Bonus shall be canceled if the account reaches Stop Out level (forced closure of an open position, when the equity/margin ratio reaches a certain level).
3.8 The Bonus shall be canceled in the event of inactivity in the Client’s trading account within 30 (thirty) calendar days.
3.9 If the Company suspects or has reasonable grounds to suspect that the Client is performing fraudulent operations, violating or taking unfair advantage of the Promotion terms and conditions or is acting in bad faith, the Company reserves the right, at its sole discretion, to decline, retain or write off the Bonus from the Client’s account (s) and refuse service to the Client and/or terminate the Customer Agreement between the Company and the Client for the provision of services if required.
To receive a trading bonus from AMarkets, please contact your personal manager or leave us a message in a customer support live chat.
Beachmont Business Centre, 272, Kingstown,
Saint Vincent and the Grenadines
Date of Last Revision 11/04/2022