Bonus Terms & Conditions
a. Zurix Corporation Ltd. Trust Company Complex Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands provides binary options trading services via its brand and website binaryxchange.com and its billing agent.
b. The following Deposit Bonus promotion terms and conditions have been structured for the Trading Bonus Binary Xchange offers, (hereinafter the ‘Bonus’), and are described in details below. The Bonus Terms and Conditions constitute a key part of Binary Xchange’s General Terms and Conditions and should be read alongside them. The explanation of the terms included in these Bonus terms and conditions reflect those in the Company’s General Terms and Conditions, which can be found on the Company’s website www.binaryxchange.com.
2 . CONDITIONS OF ELIGIBILITY
a. The bonus can be used by those clients of the Company who are considered ‘Eligible’ according to the terms and conditions outlined hereby.
b. An ‘Eligible’ client as defined in this agreement is one who has submitted the requested KYC documents and completed the Company’s Clients Due Diligence procedures, and has consequently become approved as a client by the Company and is allowed to trade under the Company’s General Terms and Conditions.
c. Binary Xchange offers the Bonus at its absolute discretion, and is thus able to make it available to Eligible clients in any countries and regions it deems appropriate, as long as the client has successfully completed the KYC and Due Diligence procedures.
d. The company reserves the right to stop any bonus and/or promotion programs at any time. e. The Bonus can only be offered once the Eligible client accepts these Terms and Conditions.
3 . TRADING BONUS
a. Up to 100% deposit Bonus (up to EUR, USD, GBP 10.000) shall be credited to the trading account of the customer and is subject to terms of the offer made by the Company.
b. All amounts gathered in the Bonus Account Balance shall become available for withdrawal should the following conditions be met:
1 . A minimum trading volume requirement of 40x times the Client’s given bonus amount is reached.
2. It is understood that the Bonus amount cannot be in excess of the total amount deposited.
4. GENERAL TERMS
If the Company discerns any indication of or suspects any form of illegal, unfair and\or abusive trading methods (including but not limited to trading behavior that indicates an attempt to benefit financially from the Trading Bonus without taking market risk and\or opening and using more than one account per client) in addition to any indication or suspicion of fraud, manipulation or a breach of the Company’s agreements, and all policies and conditions related to this Bonus, it will annul all previous bonuses credited to the account and any related accounts. In the event of such cheating, the Company reserves the right, at its sole discretion, to cancel all transactions carried out and/or profits or losses acquired therein and to immediately block all relevant accounts without a notice.
5 . RISK DISCLOSURE
a. Eligible Clients should always make trading decisions which reflect and are consistent with their trading comfort level. The Bonus is not designed to affect or modify clients’ risk appetite or cause them to trade in a manner inconsistent with their investment.
b. Trading in the products offered by the Company carries a high degree of risk which may not be fitting for all clients. Before making the decision to trade the products offered by the Company, clients should carefully consider their investment objectives, trading experience, and risk appetite. Trading can result in the loss of a client’s entire initial investment. Clients should not move away from their typical trading strategies in order to satisfy the requirements set out in these Bonus Terms and Conditions.
c . Failure to comply with the Bonus Terms and Conditions outlined herein will result in the client becoming disqualified from any Bonus Scheme offered by the Company. However, being disqualified may have no impact on a client’s ability to trade on the Company’s trading platform and under no circumstances exposes the client to increased risk or market exposure.
d. These Bonus Terms and Conditions do not disclose or detail all of the risks associated with investing in the Company’s products. Clients are strongly advised to review the Company’s General Terms and Conditions and Risk Disclosure in their entirety. These can be found on the Company’s website www.binaryxchange.com.
By opening an account and trading I automatically accept the Bonus Terms and Conditions as described above.