No Deposit Bonus Terms And Withdrawal conditions

No Deposit Bonus | F Mart

1. General Terms.

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• Promotion - the Promotion “No Deposit Bonus”.
• Bonus - Company's funds, credited to Client's account in accordance with This Agreement.
• Client - any Person whom the Company as approved to open an account(s) subject to the Client Agreement.
• Client's Agreement - Terms and Conditions accepted by Client when registering an account.
• Company - Company ForexMart () a company incorporated and registered under the Company Law of the Republic of Cyprus with registration number 266937.
• By taking a part in Promotion described by This Agreement, Client agrees with all Terms and Conditions of This Agreement.

2. Participation.

• 2.1 Every Client  is eligible to receive the No Deposit Bonus only once. The bonus is incompatible with other types of bonuses. Check bonus amount.
• 2.2 The No Deposit Bonus is available only for the accounts that passed the verification procedure.
• 2.3 The campaign applies to ForexMart Standard accounts opened on 1st October 2015.

3. Promotion's period.For More Information  Click HERE

• 3.1 The Promotion described in this Agreement is launched on 1st October 2015.
• 3.2 The company has the right to stop the Promotion anytime without prior notice.

4. Conditions for getting the bonus.

• 4.1 The maximum leverage for clients who received the No Deposit Bonus is 1:200.
• 4.2 The stop out level for these accounts is 100%.
• 4.3 The No Deposit Bonus cannot be invested.
• 4.4 Clients who have received the No Deposit Bonus to their trading accounts cannot participate in rebate-programs.

5. Withdrawal conditions.
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• 5.1 The No Deposit Bonus can be withdrawn after executing buy or sell trades of the total volume equal to X*2,5 Market lots in total where X is the total amount of the bonuses received (all the bonuses ever gained are taken into account, including canceled or partially lost ones). Only the whole bonus amount is allowed for withdrawal, there is no possibility to partially withdraw the bonus. In order to withdraw bonus funds from your trading account, please send your request by Email (contact our Chat Support To get  the Email ). The bonus to be withdrawn must be on your account at the moment when your request is being considered. The company reserves the right to reject the withdrawal request without giving any explanations.
• 5.2 Profit is allowed for withdrawal only for completely verified accounts. The Client agrees that the bonus is canceled in full + 20% of the bonus amount upon withdrawal of funds from the trading account.
• 5.3 The profit derived from the No Deposit Bonus is allowed for withdrawal only in case it exceeds 20% of the bonus amount. Profit of any kind exceeding 20% is available for withdrawal.

6. Bonus cancellation and correction.

• 6.1 The client agrees that in the event the company suspects any fraud activity involving the bonus, the latter can be declared void and the trading result can be annulled.
• 6.2 The company reserves the right to cancel the No Deposit Bonus without prior notice, so factoring the bonus in when calculating the profitability of your trading strategy is strongly not recommended. The company is not responsible for any consequences of the bonus canceling, including the stop out since the accrued bonus is wholly-owned by the Company. *

7. Modification of Terms.

• The Promotion conditions can be changed or supplemented by Company without prior notice.
• Probability of the erroneous cancellation of the bonus within the struggle against unscrupulous usage of the bonus surcharge system does not exceed 10%. *

     Appendix 

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Example A: Withdrawal condition is fulfilled

• Bonus: US$100.00
• Starting Equity: US$100.00
• Profit/Loss: US$650.00
• Total volume traded: 260 market lots
• Balance after trading: US$100.00 (Starting Equity) + US$650.00 (Profits) = US$750.00
• Withdrawal condition: Total volume traded > X*2,5 market lots, where X = Total bonus amount received
• Total volume traded (260 lots) > Withdrawal condition (250 lots)
• Eligible withdrawal amount: US$750.00 (Balance after trading)

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     Example B: Withdrawal condition is not fulfilled

• Bonus: US$100.00
• Starting Equity: US$100.00
• Profit/Loss: US$150.00
• Balance after trading: US$100.00 (Bonus) + US$150.00 (Profits) = US$250.00
• Eligible withdrawal amount: Balance - (Bonus + (20%*Bonus)) = 250 - (100 + (20%*100)) = 250 - 120 = US$130.00
• In Accordance with clause 5.2 upon any withdrawal of funds from the trading account the bonus is canceled in full + 20% of the bonus amount.

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