Terms & Conditions PROFIT BONUS 202,0
Dear traders and partners!
PaxForex announces the start of the new promo “NEW YEAR PROFIT BONUS 202,0” which is designed to boost your profits. Starting from 16 December until 01 February 2020 your Net Profit will be rewarded with 10% of the resulting profit. The percentage amount credited will be available for withdrawal with no restrictions.
- The promo is valid from 16.12.2019 until 01.02.2020.
- All accounts can participate in the promo.
- The minimum bonus amount is 1 cent for standard accounts and 0.01 cent for cent accounts.
- All dates are recorded strictly according to the time zone of the trading platform time. Please notice that each new day begins at 00:00:00 terminal time.
- Only accounts that were funded with amount of 300 USD and above during the promotion period (or the equivalent at the terminal’s current exchange rate) may participate.
- Funds transfers between accounts are not considered as initial deposit.
- The bonus cannot be transfer between accounts
- The maximum amount of one time bonus payment for single trade is restricted to 50 USD or equivalent.
- The total amount of the received % on one client’s profile may not exceed 202,0 USD or equivalent. Only those trades are eligible for participating in the promotion that are:
- of Forex and Commodities (Metals) trading instruments groups;
- opened and closed during 30 days from the moment the client fund his account with the amount required to take part in the current promo.
- The bonuses are NOT added to the account if:
- the client already received our 10% one time deposit bonus or took part in our 100% deposit loyal bonus;
- the client has refused to participate in company’s promotions.
- The amount of the added % is available for withdrawal with no restrictions.
- Client’s Deposit Net during promo period should be not less than amount deposited for taking part in promo.
- To receive your profit bonus, you need to send a request to [email protected] with a list of trades that satisfy all requirements mentioned in PROFIT BONUS 202,0 Terms & Conditions. The request should be sent after one month will pass from the moment you fund your account to take part in this promo. Our Support Team will check the trades and add a bonus into your account within 48 working hours.
- PaxForex bonuses are limited to only one bonus per registered e-mail address as well as IP address and account holder. The creation of multiple accounts under different e-mail and names by one account holder in order to receive multiple bonuses from PaxForex is strictly prohibited and will lead to the cancellation of the entire bonus program for the registered account holder and the account while assets will be kept to offset fraudulent activity which resulted in losses to the company. Excess funds, if any are available after losses have been recovered, will be sent back to the account holder by the same mean the deposit was made and a permanent ban will be issued.
- 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 Credit Bonus will nullify all previously credited bonuses of the Eligible Client’s live Accounts with Cand/or any and all transactions carried and/or profits or losses garnered therein. In these circumstances, 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 $1 received bonus amount. In case of trade assignment bonus and profit will be held on the account until client complete the lots. In these circumstances, PaxForex shall not be liable for any consequences of the bonus cancelation, including, but not limited to, order(s) closure by Stop Out.
- Any completed trading transactions with the duration of five (5) minutes or less will not be included in the lots calculation. Duration is considered the time between the opening and closing of a position.
- All positions that were closed on the platform using the functions “close by” and “multiple close by” will not be included in the Lots calculation.
- All positions closed with a profit or a loss of less than one (1) maximum spread will not be included in the lots calculation.
- This promotion can be canceled at the discretion of the company and will remain in effect for as long as the company sees fit to provide it based on the terms and conditions outlined here and in the customer agreement.
- PaxForex may make changes to these Promotion Terms and will notify you of these changes by posting the modified terms on the PaxForex website.
- PaxForex advises you to revise these Promotion Terms regularly, and by your continued use of the PaxForex website and services that you accept any such modified terms.
- The minimum amount to take part in the promo by funding account with Bank Wire is 1000$.
- If the client wants to take part in one more promo after he already took part in one of our offers of PaxForex New Year Promotion 2020, he needs to open a new trade account and deposit it with at least 1000 $.
- 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.