Terms of the "Any deposit bonus +40%"
1. General terms
1.1 The organizer of the Promotion is Grand Capital, Limited, registered in accordance with the laws of the Seychelles (registration number 036046), legal address: Office F2-2A, Second Floor, Oceanic House, Providence Estate, Mahe, Seychelles.
1.2 These terms and conditions are governed by and construed in accordance with the laws of the Seychelles. All disputes arising in connection with this Promotion shall be subject to the exclusive jurisdiction of the courts of the Seychelles.
1.3 Risk Warning: Trading financial instruments on the Forex market involves a high level of risk and may result in the loss of your entire deposit. Ensure that you fully understand the risks involved and seek independent financial advice if necessary.
1.4 The bonus provided under the promotion may be used to cover drawdowns, increase margin coverage, and convert bonus funds into real funds.
1.5 The organizer has the right to change the terms of the Promotion at own sole discretion, if there are valid reasons related to changes in market conditions, regulatory requirements, or technological factors. All changes shall take effect no earlier than three calendar days after their publication on the company's official website.
1.6 Participants of the Promotion must read and follow the present terms. Ignorance of the terms shall not be used as an excuse when filing a claim.
1.7 Participants of the Promotion shall keep track of any changes in the terms of the Promotion by their own.
1.8 The organizer reserves the right to cancel the Promotion at any time.
2. Participants
2.1 All Clients of the organizer can participate in the Promotion.
2.2 The Client must verify his/her phone number and submit a paper proving the identity and a residence place in order to participate in the Promotion.
2.3 Account types eligible for the Promotion: Standard, Swap Free.
2.4 The leverage for the trading account that was chosen to participate in the promotion cannot exceed 1:200.
2.5 To receive the bonus, the Client must make a deposit (hereinafter referred to as the "Deposit") during the Promotion period. A bonus is credited after each deposit. The bonus amount is 40% of the deposit. Bonuses are available for every deposit, and there is no limit on the number of bonuses that can be received under this Promotion.
2.6 Minimum amount of deposit needed to participate in the Promotion shall be USD 100.
2.7 Maximum amount of bonus shall not exceed USD 20,000.
2.8 Employees of the organizer, as well as their relatives shall not take part in the Promotion.
2.9 Account used for the Promotion shall not be used for other Promotions of the company.
2.10 This bonus may only be used if there are no other company bonuses active on the account.
2.11 An account participating in the promotion is subject to a ratio of the client's own funds to the bonus funds. This ratio is set at the time of the first bonus credit and may be revised with subsequent bonus credits. The personal funds ratio is calculated as: deposit / (deposit + bonus).
3. Placing a bonus request
3.1 The Client shall place a request for participation in the Promotion in their Private Office by contacting the company’s Client support or the Client’s personal manager in order to receive the bonus under the Promotion.
4. Receiving the bonus
4.1 The bonus funds will be credited to the trading account within two business days after the Client’s request is processed by the company's support team.
4.2 Bonus funds are granted for up to 3 months. A renewal of the bonus for up to 6 months is possible if the Client deposits at least 50% of the previously received bonus to the account used for the previous Promotion.
The company may refuse to provide the bonus funds or cancel previously accrued bonus funds without any explanation in the event of abuse or violation of the terms and conditions of this Promotion.
4.3 Internal transactions to the account with bonus funds accrued under the Personal Bonus program are not treated as deposit.
4.4 The bonus amount cannot exceed the account balance.
5. Use of the Bonus
5.1 The bonus may be used as additional margin collateral.
5.2 The bonus may be used to support drawdowns.
5.3 Profit (positive trading result) is distributed between bonus and personal funds in proportion to the personal funds ratio (see section 2.12).
5.4 Losses (negative trading result) are first deducted from the client’s personal funds. Once these are depleted, bonus funds are used to cover further drawdowns.
5.5 Profit attributed to personal funds is available for withdrawal at any time. Conditions for withdrawing profit generated from bonus funds are described in the section "Transition of Bonus Funds to Client Ownership."
6. Bonus Cancellation Conditions
6.1 The bonus is canceled upon expiration of the period specified in Section 4.
6.2 The bonus will be partially canceled upon any withdrawal of funds (including transfers to other accounts within the company). The cancellation amount is 40% of the withdrawal.
6.3 The bonus is canceled as a result of trading activity in the following cases:
– if one or more positions are closed by Stop Out and no personal funds remain on the account;
– if there are no personal funds and no open trading positions on the account.
6.4 The bonus is subject to cancellation if the company has reason to believe that the client has abused the bonus or violated the current rules.
7. Transition of Bonus Funds to Client Ownership
7.1 Bonus funds are divided into credited bonus (the net result of all bonus credits and cancellations on the account) and bonus profit.
7.2 The credited bonus is eligible for transfer into client ownership.
7.3 Bonus profit is, by default, available for withdrawal at any time. However, in accordance with the company's internal policy aimed at preventing bonus abuse, the withdrawal of bonus profit may require meeting the conditions outlined later in this section.
7.4 During active trading, a portion of the bonus funds may become eligible for transfer into client ownership. For each full lot opened and closed, the client earns the right to convert $3 of the bonus into personal funds.
7.5 When calculating the bonus amount eligible for transfer, trades on any currency pairs and instruments involving precious metals (XAU, XAG) are taken into account.
7.6 Only trades with a financial result exceeding at least twice the average spread of the instrument are counted toward the trading volume. Opposite-direction trades on the same instrument, as well as trades on highly correlated instruments, are excluded from the volume calculation.
7.7 The minimum request to convert bonus funds into client ownership is $50. The request can be submitted in free form via email or through the Client Area.
8. Bonus Abuse Warning
8.1 The bonus is provided to the client with the aim of supporting active and long-term trading activity.
8.2 Abuse of the bonus program refers to actions taken by a client solely for the purpose of profiting from bonuses without the intention of conducting full-fledged trading activities. Signs of such actions include (but are not limited to): hedging between accounts, manipulation of volumes and spreads, arbitrage between brokers, and other risk minimization schemes aimed at profiting solely from bonuses.
Excessively aggressive trading, as well as trading aimed solely at profiting from the bonus, contradicts the principles of this promotional campaign.
8.3 The company reserves the right to adjust the trading results on the account, cancel the full amount of bonus funds, and take other actions if the client’s activity shows signs of:
– hedging trades on the bonus account using other accounts, including those opened with third-party companies;
– manipulative practices aimed at minimizing personal risk while using the bonus, including trading with excessive market risk when bonus funds significantly exceed personal funds;
– focusing on rapid conversion of bonus funds into ownership by avoiding market risk and/or combining the benefits of this promotion with other offers, rebates, or company payments;
– intentionally creating the appearance of regular trading to conceal the client’s true motives;
– any other actions intended to abuse the bonus program.
9. Claims
9.1 All inquiries regarding this promotion must be sent to [email protected].
9.2 All claims related to this promotion must include the client’s full name, full address, account number, and a detailed description of the issue.
9.3 Claims must not contain emotional evaluations of the situation, offensive language, or profanity.
10. All provisions of this Promotion apply in conjunction with the KYC/AML Policy and User Agreement published on the official Grand Capital website
