Terms & Conditions on 100% BONUS
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This ‘Margin Booster Bonus’ is applicable to all account categories except MAM account and it is not allowed to transfer.
Minimum single deposit of $100 USD is required.
Maximum accumulative credit for the ‘Margin Booster’ is $20,000 USD only for each single account.
‘Margin Booster’ will be credited into the trading accounts automatically upon reception of the deposit fund.
The ‘Margin Booster’ only able withdrawn after the required volume of Forex trading transaction completed by the trading accounts that received the bonus. The minimum trade volume by the table above is by the measure of FOREX trading only, the transaction volume for GOLD shall be scaled by multiple of 50.Client have to email to
[email protected] to redeem the bonus from credit to balance. No partial redemption is allowed.
In order to maintain the ‘Margin Booster’ before achieving it's withdrawal rule no.6, a minimum amount of equity is required. Withdrawal of fund which causes the equity falls below the minimum required level, therefore the ‘Margin Booster’ shall be cancelled.
Formula
Minimum Withdrawal Equity Level = Total Margin Booster + Initial Deposit Made (For withdrawal)
Example
If you had deposited $10,000 USD and received a total ‘Margin Booster’ of $10,000 USD, you must maintain your equity level of $20,000 USD which is your initial deposit plus the bonus. For any withdrawal action that cause the equity to fall below this level, partial of your ‘Margin Booster ’ will be cancelled.
Kindly ensure the equity is above the minimum requirement for maintaining the ‘Deposit Bonus’ before any withdrawal has been made.
Rule no. 6 above only applicable to withdrawal action, the falling of equity due to trading loss is not fall under this condition. However, 'Margin Booster' will be cancelled automatically when the equity has fall below the amount of 'Margin Booster' to prevent debt back to the company as the bonus cannot be lost. The Company accepts no liability whatsoever for any loss resulting from the Stop Out of open positions after Bonus Removal in accordance with these. Terms and Conditions.
Minimum Equity Level = Total Margin Booster Received
Example
If you had deposited $10,000 USD and received a total ‘Margin Booster’ of $10,000 USD, you must maintain your equity level of $10,000 USD which is your initial deposit. If your equity fall below $10,000usd which means you has lost all your deposit, then the ‘Margin Booster ’ will be cancelled.
Maximum profit allowed for accounts with 'Margin Booster' is 200% of the 'Margin Booster' per turn, the counter will only be refreshed once the profit was withdrawn.
FxCitizen reserves the rights to recede or disqualify the ‘Margin Booster’ in the case of revealing or suspecting any unscrupulous usage or abuse of the bonus surcharge system; if the deposit is made right after the withdrawal; if reveal or suspect that the client open a reverse or hedge positions in different accounts or different companies which is strictly prohibited, doing so will result in cancellation of the bonus and the transaction as well. No evidence will be provided.
FxCitizen reserve the rights to decline or refuse any request for ‘Margin Booster’ without any prior notice and reason. However, shall any enquiry or appeal for the company's decision, it shall be e-mail to
[email protected] within 7 days from the date of issue arise.
It is the responsibilty of the Client that received the bonus to read the terms and conditions of the bonus and if the Client wish to reject the bonus, just simply email to
[email protected] or contact our live support.
This bonus is valid until 31 December 2015 but the company reserves the rights to stop the bonus anytime before the above mentioned date based on the company’s judgment. Shall any extension of the period, announcement will be made on the company bulletin.
