1. Every client that deposits more than $2 000 is eligible to request “Max trading” trading courses for free of charge according table below:
Deposit | Courses | Cost | Number of Lots |
$1,000.00 | Primer Courses | $329.00 | 33 Lots |
$5,000.00 | Lite + Primer Courses | $1,028.00 | 103 Lots |
$50,000.00 | Standard Course | $2,999.00 | 300 Lots |
2. By requesting “Max Trading” courses, you acknowledge that you have read, and agreed to be bound by, these terms and conditions as well as to the PaxForex Trading Terms and Conditions.
3. The “Max Trading” courses is provided upon clients' request after funds have been deposited and before making any trades.
4. Cost of courses is hold on the account till client trade necessary amount of lots.
5. To withdraw “Cost of courses” client have to make number of lots in the amount of:
{Course cost} / 10 = {number of lots}
6. Funds transfers between accounts are not considered as initial deposit.
7. In case of any indication or suspicion of fraud, manipulation, pip hunting, pip mining, scalping, bonus hedging, cash-back arbitrage, or other forms of deceitful or fraudulent activity in an Eligible Client’s live Account(s) with PaxForex or otherwise related or connected to a cost of Courses, PaxForex reserves the right, at its sole discretion to close/suspend (either temporarily or permanently) all such Eligible Client’s live Accounts with PaxForex, cancel all orders and annul all profits of such participant or assign to trade 0.5 standard lots per $1 received bonus amount.
In case of trade assignment Cost of courses and profit will be hold on the account until client complete the lots. In these circumstances, PaxForex shall not be liable for any consequences of the promotion cancelation, including, but not limited to, order(s) closure by Stop Out.
8. Any completed trading transactions with duration of five (5) minutes or less will not be included in the lots calculation. Duration is considered the time between the opening and closing of a position.
9. All positions that were closed on the platform using the functions “close by” and “multiple close by” will not be included in the Lots calculation.
10. All positions closed with a profit or a loss of less than one (1) maximum spread will not be included in the lots calculation.
11. This promotion can be cancelled at the discretion of the company and will remain in effect for as long as the company sees fit to provide it based on the terms and conditions outlined here and in the customer agreement.
12. PaxForex may make changes to these Promotion Terms and will notify you of these changes by posting the modified terms on the PaxForex website.
13. PaxForex advises you to revise these Promotion Terms regularly, and by your continued use of the PaxForex website and services that you accept any such modified terms.
Any dispute or situation not covered by these Promotion Terms will be resolved by our management in a manner it deems to be the fairest to all concerned. That decision shall be final and/or binding on all entrants. If these Promotion Terms are translated into a language other than English, then the English version of the Rules will be prevailing.