Deposit Bonus General Terms and Conditions
1. General Terms
1.1 The “Deposit Bonus” campaign is valid only in special cases and is only provided to the selected group of Participants. This “Deposit Bonus” is not transferable and is solely limited to the recipient of this offer.
1.2 This document entitles the right for “DepositBonus” to EXCO clients under the following conditions:
||Trading Volume Requirement (in lots)
|Above 10 USD
||Max 2000 USD
1.3 The “Deposit Bonus” offer is only valid if it was sent personally via email by EXCO representative or client register in Deposit Bonus campaign.
1.4 The Bonus constitutes only an additional free margin limit and therefore it increases the amount of funds available for trading (i.e. for opening new positions and maintaining margin requirements to such positions). The bonus, however, is not a part of the balance of the trading account and as such, it cannot be withdrawn nor transferred to other accounts.
1.5 The Bonus is deposited to the account as credit.
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 participant accepts and agrees that The Deposit Bonus will be removed if the Participant open position loss (PnL) exceeds Balance of his Account. Please note that in this case can occur immediately Stop Out.
2. Withdrawals from trading accounts during the campaign
2.1 Once credited to a client’s trading account, the Bonus remains linked to this same account and cannot be withdrawn either partially or in full.
2.2 Internal transfers of the Bonus to other trading accounts are not allowed.
2.3 Participant can withdraw accrued profits and earlier deposits from trading accounts. Participant understands and agrees that in cases in which a withdrawal of deposited funds occurs, it will lead to the total removal of the Bonus from the Participant’s account.
3. Final Provisions
3.1At all times, EXCO reserves the right to amend, change or cancel this campaign with a prior notice to the current Participants via email.
3.2 If EXCO suspects that a campaign 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).
3.3 Trading in the Forex and CFD markets entails significant risk. Participation in the Forex and 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 Forex and CFD markets.
3.4 It is the sole responsibility of the Participant to ensure that all applicable taxes and fees on Bonuses in their country are paid.