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Terms & Conditions
This Bonus is available to new Clients who deposit $100 or more into their Live Individual, Joint, Corporate ECN or Variable trading account with PRIMUS MARKETS INTL Limited (hereinafter ‘PRIMUS MARKETS’).
Once an initial deposit of $100 or more is made, PRIMUS MARKETS will credit an additional 100% of the amount to the Clients account, subject to the Terms and Conditions below.
- This Offer commences on 27th April 2021 and is valid until 27th October 2021.
- Clients under an IB or Affiliate Network are not eligible for this Offer.
- By registering, opening a live account, and or accepting the terms and conditions within the applicable landing pages and/or client members area, the trader is acknowledging that they have read, understood and agreed to be bound by the Terms and Conditions of this Offer.
- If the Clients account is being managed within a Multi-Account-Manager (MAM) or PAMM, in order to participate in this Offer, the client must register and open a new separate self-directed trading account.
- The Offer is available for all Base Currency Accounts.
- Only Clients in Canada, Brazil, Kenya, Malaysia, Brunei, Indonesia, India, Singapore, Ethiopia, Philippines, Thailand, UAE, Bahrain, Saudi Arabia, Qatar, Kuwait, Jordan and Egypt are eligible for this Offer.
- The Minimum deposit required to apply for the Offer is USD 100 or currency equivalent.
- The Maximum credit that can be obtained via the Offer is USD 400 or currency equivalent.
- The maximum leverage allowed with this Offer is 1:500.
- Any withdrawal made from the Client’s account will result in the Offer credit being fully removed.
- The stop-out level for accounts included in this Offer is at 100%. Once your margin level reaches 100% the system will start closing your positions automatically. If a withdrawal request is made and the Offer amount is removed, the Stop Out level will remain at 100%.
- Under no circumstances shall PRIMUS MARKETS be liable for any consequences of any cancellation or decline, including, but not limited to order(s) closure by Stop Out. This is inclusive of the removal of the Offer at the end of the promotional period.
- The Stop Out level of the account will change back to normal if the client sends a request to the Support Team, after all bonuses or promotions are revoked.
- This Offer is limited to one (1) account per Client and per IP address only, regardless of the numbers of accounts held by the client.
- The Offer may be used as a method to increase the maximum potential net position.
- The Offer amount can be lost.
- Internal MT4 to MT4 transfers, to or from the Offer account, are not permitted. If an internal transfer is requested, the Offer credit will be removed.
- In the event an account has open positions or a floating profit/loss and the Offer amount is removed for any reason, PRIMUS MARKETS will not be liable for any adverse effects.
- This Offer cannot be combined with any other Bonus or cashback based on trading volume which PRIMUS MARKETS may offer. Should a Client’s trading account already have an existing Bonus, then they will not be able to opt in to this promotion OR by accepting these Terms and Conditions, the Client also accepts that the previous Bonus will be removed prior to the new Offer being applied.
- PRIMUS MARKETS employees, Introducing Broker accounts, and Affiliate accounts cannot participate in this promotion.
- If PRIMUS MARKETS suspects or has reason to believe that a Client has abused or attempted to abuse the terms of this Offer or any other Offer presented by PRIMUS MARKETS, or has acted in bad faith, PRIMUS MARKETS reserves the right, at its sole discretion, to deny, withhold, withdraw or terminate from that Client the Offer and, if necessary: (i) to withhold, cancel and subtract from that Client’s account(s), (ii) to terminate that Client’s access to services provided by PRIMUS MARKETS and/or terminate the contract between PRIMUS MARKETS and the Client for the provision of services (iii) to block that Client’s Account(s) (however, save it where otherwise required by a relevant authority) and to arrange for the transfer of any unused balance, less the Offer amount as well as any profits which the Company deems to have been gained via Abusive Behavior, to the Client. Where Abusive Behavior includes but is not limited to:
- A) Where a Client, by himself or acting with others (including an Introducing Broker/ Affiliate/ Money Manager) established a trading position or positions which have the purpose or effect of extracting the Credit provided and/ or profits generated by the Offer, without exposure to economic risk, including without limitation loss of the Offer or the Client’s capital (or the capital of others).
- B) Where the Client, by himself or acting with others (including an Introducing Broker/ Affiliate/ Money Manager) hedges his positions, including without limitation, holding open position(s) in one direction, including by way of illustration only, single or correlated currencies, at given periods, internally (using other trading accounts held with PRIMUS MARKETS) or externally (using other trading accounts held with other brokers).
- C) Abusing the negative balance protection with high volume trades on the news or at the close time of the market before the weekend or holidays, or at the close time of the indices.
- D) Latency abuse strategy.
- 1. It is important that Eligible Clients are aware that their risks are not limited to their deposit(s) and that by making a qualifying trade it is possible to lose more than their deposit. In some circumstances, losses may be considerably more than any initial or minimum deposit.
- 2. The English version of this document shall supersede, in the incidence of any discrepancy in the terms of this Offer, once translated into other languages.
- 3. PRIMUSARKETS reserves the right, at its sole discretion, to alter, amend or terminate the Offer, or any aspect of it, at any time and without prior notice.
Copyright ©️ 2021 Primus Markets INTL Limited. All Rights Reserved.
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