Forex/CFDs Deposit Bonus Terms & Conditions
1. The Deposit Bonus (the “Bonus”) is limited to one bonus per person per deposit.
2. To qualify for the Bonus you must:
a. be a new client of Lead Capital Corp Limited (“LCC”);
b. open a verified account that has been approved by Compliance of LCC;
c. deposit a minimum amount of $/€/£100.00; and
d. you have explicitly requested the bonus from your account manager and accepted all the Bonus Term & Conditions herein and submitted these for the review and approval of the relevant department.
NB: You are required to accept the Bonus Terms & Conditions and submit the Bonus Acceptance Form each and every time you receive a bonus. You request to receive a bonus will not be considered until after you have submitted your acceptance of the Bonus.
3. Upon fulfilment of all the conditions in point 2 here above the Bonus will be applied automatically to your trading account within one (1) business day.
In the event that you do not wish to receive the Bonus or cancel it you may notify Customer Support of your wish either through the email@example.com or through your account manager.
4. Your Bonus is subject to volume and term criteria (the “Criteria”). The Bonus cannot be withdrawn until the Criteria, both 4a. and 4b. here below have been met.
a. To be eligible to withdraw the Bonus you must generate a trading volume of ten thousand Dollars (US$10,000) for every Dollar (US$1) of Bonus awarded e.g. for a $100 bonus award the trading volume requirement is $100 * $10,000 = $1,000,000.
b. The trading volume requirement must be achieved within sixty (60) calendar days (the “Timeframe”), from the date the Bonus is awarded.
5. In the event that you sustain trading losses in your account those losses will be incurred from your deposit first. This also applies in the event that you make further deposits after you have received the Bonus.
If you withdraw funds prior to meeting the Criteria the Bonus will removed. For the avoidance of any doubt profits accumulated from own funds or attributable from the use of the Bonus are withdrawable in a proportional manner per the below example.
Where you have incurred losses upon making a withdrawal request and prior to meeting the Criteria all losses will first be applied to your deposited funds and the remaining balance excluding the Bonus will available for withdrawal.
6. If you do not meet the volume criteria described above in 4a. within the Timeframe, 4b.; LCC reserves the right to remove the Bonus, or such proportion as is available for removal, without notice.
7. If your account balance reaches zero, the Criteria will cease to apply and normal trading protocol will take effect.
8. In the event that you are participating in more than one bonus offer simultaneously the Criteria operates as follows:
a. trades placed following receipt of the Bonus are allocated towards the withdrawal Criteria that relate to the specific Bonus until completely fulfilled;
b. subsequent trades will be allocated to any other bonus criteria once the initial Bonus Criteria have been met in full. Bonus withdrawal criteria are therefore met in chronological order. This principle applies regardless of the number of offers or bonuses you may be participating in simultaneously.
9. In the event that you make any additional deposits while you are participating in a bonus offer, subsequent deposits will not count towards the Criteria for already received bonuses.
10. The Bonus and any other bonuses will be immediately revoked from customers who appear to be in abuse of the spirit of this offer. LCC reserves the right to cancel/remove a bonus at any time in case of any suspected abuse of the offer. “Abuse” and “Abusive Behaviour” includes, but is not limited to, the opening of multiple accounts to claim multiple bonuses, the client by himself or in collusion with others behaves in a manner that may be deemed that the sole intention is to extract the Bonus, trading activity patterns that suggest fraud, manipulation, cash-back arbitrage or attempts to garner risk free profits through the use of the Bonus. Further, where any single term of the Bonus offer is breached or there is any reasonable suspicion by LCC that a customer has acted fraudulently or obtained an unfair or unintended advantage, LCC reserves the right to cancel any attempted withdrawal of profits, temporarily or permanently close or suspend the account(s) that have been deemed Abusive, cancel any orders and annul all profits. Under these circumstances LCC shall not be held liable for any consequences of bonus cancellation, including but not limited to cancellation of orders and closure to positions.
11. LCC is the sole arbiter of these here Bonus Terms and Conditions and any other issue arising under this promotion. Exceptions to these are at the sole discretion of LCC’s management, and any decisions to this effect are final. LCC reserves the right to amend, withdraw or restrict this offer at any time without notice.
12. LCC will not be held liable for any losses incurred by you as a result of your trading in relation to this offer. There is a substantial risk that you may lose all of your initial investment.
Bonus Disclaimer Bonuses are offered exclusively by management discretion. While bonuses have some advantages you do not have to accept them. Bonuses require a trading turnover which might be beyond your reach. You are advised not to accept any bonuses unless you understand the Deposit Bonus Terms and Conditions are committed to trading over a long period.