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Bonus Policy

BONUS POLICY

 

 

This Agreement (“the Agreement”) is provided to you (our Client) in accordance with the Company’s Bonus policy, as subsequently amended from time to time, pursuant to which Grand Markets (“the Company”) is aiming to take all reasonable steps to detect and avoid conflicts of interest.

 

The Agreement”) provides the framework of the Bonus structure offered by the Company and is entered into by and between:

 

Any person who is registered with the Company and has an active trading account (hereinafter “the client”, “you” or “trader”).

 

In this Agreement references to “client” or “clients”, “trader” or “traders”, “he” or “she”, “him” or “her” refer to “client” or “clients”, “trader” or “traders” of Grand Markets.

 

The Company is committed to act honestly, fairly and professionally and in the best interests of its Clients.

 

It is clarified and emphasized that the decision whether to grant a bonus to a certain customer is at the Company’s sole and exclusive discretion. The Agreement hereinafter is subject to the main “Terms and Conditions” consented by the Client and which can be found at the Company’s website.

 

Definition of a trading bonus: A trading bonus is an added value to your deposit in your trading account with the Company which provides you with more funds in the form of Credit to use when you are trading.

 

A trading bonus gives you great value and extra trading leverage. With all of the above being mentioned; when you trade with bonus leverage you need to be cautious. It is truly appealing, but there is a downside. You may close higher trades and make more money initially (or in the long run), but you can also lose a lot more money. CFD trading can be risky and you need to trade with confidence and responsibility to avoid losses.

 

PLEASE READ ALL TERMS & CONDITIONS BELOW BEFORE ACCEPTING A BONUS. YOU ARE NOT REQUIRED TO ACCEPT A BONUS. A TRADING BONUS IS OPTIONAL FOR ALL CLIENTS.

 

 

 

Deposit Bonus:

 

The Client may receive a bonus (the “Bonus”) in the amount of each deposit of percentage of up to 15%. The bonus percentage is subject to the amount of the deposit (Account Base Currency) as this is defined below *:

 

Licence Number SFC Hong Kong AAC1995

 

Registered office

Sun Hung Kai Forex Limited

 

28 Le Garden One, 33 Hysan Avenue Causeway Bay, Hong Kong

 

Offices: 25 Grand Rue L-1661 Luxembourg.

Phone: +352 20441497

 

 

First Time Deposit

Bonus

1

up to $4,999

Bonus of 2%

 

 

Bonus of 4%, mql5 access, SMS signals, tutorials

2

$5,000 – $9,999

(50% access)

 

 

Bonus of 6%, mql5 access, SMS signals, tutorials

 

 

(70%  access),  analytical  tools,  Senior  Platform

3

$10,000 – $19,999

Manager

 

 

Bonus of 10%, mql5 access, SMS signals, tutorials

 

 

(80%  access),  analytical  tools,  all  IPOs  access,

4

$20,000 – $49,999

Senior Platform Manager

 

 

Bonus of 15%, mql5 access, SMS signals, tutorials

5

$50,000 and above

(100%  access),  analytical  tools,  Senior  Platform

manager

* Only valid for first time deposit for one account only.

 

Managerial Bonus:

 

The Client may receive a bonus (the “Bonus”) of any amount at the discretion of the Company.

 

Conditions that apply to ANY Bonus:

 

  • The Bonus can be in USD/EUR or any other currency that the Company will allow the Client.

 

  • The Bonus will be deposited as a CREDIT into his/her trading account provided that he/she will request the receipt of the bonus and he/she will confirm the acceptance of the Bonus Terms and Conditions by electronically consenting to the present terms. The Bonus shall apply to all account types.

 

  • The Client confirms that he/she receives the Bonus for himself/herself and not for members of his/her family.

 

  • The Client will not be entitled to withdraw the Bonus offered by the Company.

 

  • At any time, the Client can withdraw the available funds in his/her account and any profits generated irrespective of meeting or not the Trading Volume Requirement.

 

Numerical example of Trading Volume Requirement:

 

For each 1USD (or equivalent) Bonus the client needs to trade 0.2 lot (i.e.: 1000USD bonus => 1000×0.2=200 lots).

 

If a Client requests to withdraw before executing the Trading Volume Requirement, the bonus will be deducted from his total balance before the withdrawal request is processed.

 

 

 

Licence Number SFC Hong Kong AAC1995

 

Registered office

 

Sun Hung Kai Forex Limited

28 Le Garden One, 33 Hysan Avenue Causeway Bay, Hong Kong

 

Offices: 25 Grand Rue L-1661 Luxembourg.

Phone: +352 20441497

 

 

 

 

Numerical example of withdrawal before the Trading Volume Requirement is met:Account balance at the time of withdrawal is USD5.000

 

  • Deposit amount is USD 3,000

 

  • Bonus amount is USD 60

 

  • Profits are USD 1,940

 

  • Amount eligible for withdrawal USD 4,940

 

The Bonus has an expiry date of 6 months from the day it was accepted by the client and the Company has deposited it to the account.

 

In order for a client to obtain the Bonus, it is necessary to complete the compliance identification procedures and receive the compliance approval notification. The Company may cancel the Bonus in case of revealing dishonest usage of the bonus surcharge system.

 

If the deposit was withdrawn immediately after the Bonus receipt, the company reserves the right to cancel the Bonus for this trading account.

 

The Company reserves the right to revoke the bonus should the special offer be abused and/or should the offer’s terms fail to be met. The Company’s decision – should this be the case – shall be final.

 

The Company’s brokers do not have the ability to remove the bonus. All bonus insertions are final.

 

By accepting a bonus into your account, you are agreeing to the terms and conditions above and hereinafter. In the event where a Client accepts a bonus in accordance with the present Agreement, undertakes the obligation of our trading benefits (but not exclusively) and requests to withdraw in contrary to the terms and conditions of the present Agreement, the Client’s request will be reviewed by a special committee that will decide in accordance with each Client’s unique circumstances.

 

 

 

Should you require any further information and/or have any questions regarding the Bonus Terms and Conditions, please direct your request and/or questions to info [email protected]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Licence Number SFC Hong Kong AAC1995

 

Registered office

 

Sun Hung Kai Forex Limited

28 Le Garden One, 33 Hysan Avenue Causeway Bay, Hong Kong

 

Offices: 25 Grand Rue L-1661 Luxembourg.

Phone: +352 20441497

Risk Declaration:

Foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Grand-Markets is a Trade name of Sun Hung Kai Forex Limited, Registration number AAC1995 of SFC Hong Kong. Address 28 Le Garden One, 33 Hysan Avenue Causeway Bay, Hong Kong.

© 2020 Grand markets. All rights reserved.