Predict & Win Terms and ConditionsE_X_C_O_@_exco2023-03-01T12:12:21+00:00
PREDICT & WIN TERMS & CONDITIONS
1. General Terms
1.1 The Predict & Win (the “Bonus”) is offered by EXCO (“EXCO”, “we”, “our” or “us”) in accordance with these Terms and Conditions. EXCO is a trading name of RSG Finance Ltd.
1.2 Bonus shall be distributed among new Clients who open an MT4 STP Live Account.
1.3 EXCO shall issue a maximum of one Bonus per Client.
1.4 The Bonus is deposited into the account as credit.
1.5 Please note that it may take up to 24 hours before the Bonus is added to the account of an Eligible Client who meets all the criteria set forth herein.
1.6 Under no circumstances should a Participant’s trading strategy take into account the terms and conditions of this Bonus promotion. All trading decisions should be made based upon the Participant’s understanding of the markets and involved risks and the Participant’s specific trading strategies.
1.7 The bonus is only available in designated countries: Nigeria, Philippines, Indonesia, Vietnam, Mexico, Uganda, Kenya, Tanzania, Rwanda, Burundi, Ghana, Cameroon, South Africa.
2. Conditions of Eligibility
2.1 Subject to, and without prejudice to, all other Business Terms and Policies, the offer is available to EXCO Clients who have satisfied the Eligibility Criteria for the offer (“Eligible Clients”) as set out in the sections following hereinafter.
2.2 The Bonus may be offered by EXCO from time to time to clients who open real trading accounts with EXCO, in cases where such clients are referred to EXCO via specific websites and/or social network sites in the context of certain specific promotions, and/or surveys that EXCO may be running from time to time on such specific websites and/or social network sites.
2.3 Only persons who can form legally binding contracts under the laws applicable in their country of residence may participate in the Bonus. Without limiting the foregoing, participation in the Bonus is not allowed for persons under the age of 18 or otherwise under the legal age in their country of residence (“minors”). If you are a minor, you may not participate in the Bonus.
2.4 Participation of Intermediaries/Related Parties in the Bonus is prohibited. If the registration and/or trading data of a participant in the Bonus corresponds with the registration and/or trading information, including but not limited to IP address, of another participant in the Bonus, EXCO reserves the right to regard this matching as a reason for immediate disqualification. For the purposes hereof, the term Intermediary(ies)/Related Party(ies), when used in these Terms & Conditions, unless the context otherwise requires, shall mean to include any person or entity bearing a relationship with any participant in the Bonus, including, without limitation:
2.4.1 family members, such as brothers, sisters, spouses, ancestors, lineal descendants and collateral descendants;
person or entity, whom any participant in the Bonus, directly or indirectly through one or more intermediaries, controls, or whom, directly or indirectly, through one or more intermediaries, is controlled by, or is under common control with any participant in the Bonus; for purposes of this definition, the term “control” (including, with correlative meaning, the terms “controlled by“ and “under common control with”), as used with respect to any participant in the Bonus, shall mean the possession, directly or indirectly through one or more intermediaries, of the power to direct or cause the direction of management policies of such 2.4.2 person or entity, whether through ownership of voting securities or otherwise.
2.5 Similarly, persons associated in any manner whatsoever with EXCO and/or with the specific websites and/or social network sites on which EXCO may be running from time to time specific promotions, contests and/or surveys, in the context of which access to the Bonus is offered, are not allowed to participate in the offer.
3. Specific Bonus Terms
3.1 Eligible Clients, who meet the criteria set forth herein can receive a Bonus:
3.1.1 To receive the Bonus clients must register a new trading account with EXCO on the dedicated Bonus webpage.
3.1.2 The 10 0000 NGN Bonus is credited to a Promotion account for a period of 60 calendar days.
3.1.3 The client cannot make any additional deposits to this Promotion account.
3.1.4 Bonus can be withdrawn, provided that the trading volume in the Promotion account reaches at least 1 standard lot. The number of realized lots traded can be verified by logging into the account under the “Account History” tab or by logging into the EXCO Trader’s Room. The credited bonus cannot be withdrawn.
3.1.5 The trading volume is calculated in standard lots, where 1 lot is:
1 unit for CFDs pairs, GOLDex, SILVERex
5 units for BTCUSDex
25 units for SOYBEANex, USA2000ex
50 units for COFFEEex, CORNex, WHEATex, COPPERex, GER30ex, IND50ex, JAP225ex, USA100ex, USA500ex, SUI20ex, BRAINDex, KOSP200ex
100 units for AUS200ex, CHN50ex, HKN50ex, USA30ex, ITA40ex, SPA35ex, MEXINDex, VIXINDEXex, USDIDXex, ALUex, NATGASex, BUNDex, SCHATZex, TNOTEex, ETHUSDex
200 units for FRA40ex, UK100ex, EU50ex, OILWTIex, OILBRENTex
1000 units for SUGARex, DSHUSDex, LTCUSDex
3.1.7 To claim the profit generated from the Bonus, the client needs to be duly verified.
3.1.9 The Maximum volume per order is 0.1 lot.
3.1.10 The maximum available leverage on the account is 1:1000.
3.1.11 The maximum number of positions opened at the same time is 10.
3.1.12 Only orders with 10 pips difference and above between opening and closing prices meet the conditions. Example: If you sell EURUSD at the price of 1.15300 and close the deal at 1.15000, the difference between the opening and the closing prices is 0.00300 = 30 pips.
3.1.13 Only orders with a duration time minimum of 3 minutes and above between opening and closing time.
3.1.14 The following are prohibited: locking/hedging, expert advisors (EA), ladder/scaling/grid strategy (it is not allowed to open a new position in the same direction within an hour after the closure of the previous deal).
3.2 The amount of the Bonus is 10 000 NGN, (or other value equivalent).
3.5 The Bonus can be claimed only once per client.
3.6 Any profits generated from the utilization of the Bonus are available for trading or withdrawal as per our withdrawal procedure, and the maximum profit available for withdrawal is USD 100.
3.7 All Eligible Clients are permitted to hold only one (1) Bonus per one (1) unique IP address. Multiple registrations from the same IP are not permitted nor do multiple Bonus accounts register with the same personal details.
3.8 The Bonus applied to the real Accounts of Eligible Clients in accordance with the rules set forth herein cannot be transferred between live trading accounts with EXCO.
4. Final Provisions
4.1 Any withdrawal of funds from an Eligible Client’s Bonus account with EXCO will immediately nullify all previously awarded trading bonuses and will cause all previously awarded trading bonuses to be withdrawn from the respective account with EXCO.
4.2 At all times, EXCO reserves the right to amend, change or cancel this Bonus campaign with prior notice to the current Participants via email.
4.3 Under no circumstances shall EXCO be liable for any consequences of any trading bonus cancellation or decline, including, but not limited to, order(s) closure by Stop Out.
4.4 EXCO reserves the right, at its reasonable discretion, to discontinue the offering of this Bonus to any of its clients. Such clients will be informed via email.
4.5 Clients may opt-out from the Bonus whenever they wish. Please send your request to the following email address: and the relevant department will process your request and inform you accordingly.
4.6 All claims should include the participant’s name and address, account number and a thorough description of the problem and send to
4.7 If EXCO suspects that a Bonus Participant has abused or attempted to abuse a campaign or otherwise acted with a lack of good faith towards EXCO, EXCO reserves the right to deny, withhold, cancel or withdraw from that Participant any Bonus amounts, and, if necessary, to cancel any terms and conditions of this campaign and client agreement with respect to that campaign Participant, either temporarily or permanently, or to terminate that Participant’s access to the services and/or block that Participant’s account(s).
4.8 Any indication or suspicion, in the EXCO’s reasonable discretion, of any form of arbitrage (including but not limited to risk-free profiting), abuse (including but not limited to participant’s trading activity patterns that indicate that the participant solely aims to benefit financially from the trading bonus without being genuinely interested in trading in the markets and/or taking market risk), fraud, manipulation, cash-back arbitrage connected to a trading bonus or any other forms of deceitful or fraudulent activity, will nullify all previously credited trading bonus of the Eligible Client’s real trading Accounts with EXCO and/or any and all transactions carried and/or profits or losses garnered therein. In these circumstances, EXCO reserves the right, at its reasonable discretion to close/suspend (either temporarily or permanently) all such Eligible Client’s real trading Account(s) with EXCO, cancel all orders and annul all profits of such participant. In these circumstances, EXCO shall not be liable for any consequences of the trading bonus cancellation, including, but not limited to, order(s) closure by Stop Out.
4.9 No partner’s commissions are paid for trading on trading bonuses funds when no additional client deposit is processed.
4.10 This promotion may be redeemed only once by any Eligible Client.
4.11 Taking part in the Bonus constitutes acceptance of these Terms & Conditions and of the Customer Agreement set forth on EXCO’s website.
4.12 Trading in the CFD markets entails significant risk. Participation in the CFD markets should not be undertaken unless the Participant is fully aware of and understands the risks involved in trading. Participation in this promotion should not be a motivating factor when considering participation in the CFD markets.
4.13 It is the sole responsibility of the Participant to ensure that all applicable taxes and fees on Bonuses in their country are paid.
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