Funding Frenzy Trading Bonus Promotion Terms and Conditions
The Funding Frenzy Trading Bonus Promotion allows select clients to receive a 100% bonus on new fundings with the ability to withdraw this bonus provided a certain amount of lots are traded.
Please see below for the complete terms and conditions of this promotion.
Bonus and Withdrawal Terms:
Minimum Deposit Amount:
USD500.00 or equivalent
Maximum Deposit Amount:
USD10,000 or equivalent
Maximum trading deadline to be eligible to qualify for withdrawal after funding:
90 days from the date of receiving bonus
This promotion is only applicable for self-directed ECN Premier, Fixed and Variable spread-type accounts.
You are entitled to a ONE-TIME 100% bonus during the promotion period. You may choose to fund the account more than one time during the promotion period but only the registered deposited amount that matches with the latest single deposit will be used to calculate your 100% bonus.
The amount of this bonus will be based on your next deposit after accepting the terms & conditions and registering for this promotion inside the FXPRIMUS Member Area.
Leverage follows normal guidelines as determined by FXPRIMUS Management.
The bonus is variable and is based on your net deposit and is for the purpose of increasing leverage and providing extra capital for you to trade. The bonus is for deposits in new accounts and for existing account holders. Funds transferred between your live accounts do not count as qualifying new deposits for the purposes of the promotion. This bonus cannot be combined with another existing promotion or bonus.
The bonus will be automatically withdrawn should your equity reach a deficit which is 60% of the sum of the initial deposit plus your bonus. To calculate the point at which your bonus will be automatically withdrawn, simply multiply your trading credit by 1.2. For example, a USD5,000 deposit will qualify for a USD5,000 credit. USD5,000 multiplied by 1.2 is USD6,000. In this example, should your equity reach USD6,000 or below, the USD5,000 credit will be withdrawn from the account, all positions affected by the withdrawal will be closed, and ONLY your equity will remain. We strongly recommend that you do not use this withdrawal in your risk management due to the fact that when volatile market conditions persist, it may not always be possible to withdraw the bonus at exactly 60%. The normal margin call levels will remain in effect at all times whether the bonus is still in your account or not.
For self-directed ECN Premier accounts:
You can withdraw the bonus once the number of lots you trade equals your bonus amount divided by 6 within 90 days from the time you receive the credit bonus. For example, if you receive a USD1,000 bonus, you would need to trade USD1,000/6 = 167 lots to be able to withdraw the USD1,000 bonus. Please note if your MT4 Account is in a currency other than USD, you must convert the bonus amount into USD and then divide by 6.
For self-directed Fixed and Variable spread accounts:
You can withdraw the bonus once the number of lots you trade equals your bonus amount divided by 5 within 90 days from the time you receive the credit bonus. For example, if you receive a USD1,000 bonus, you would need to trade USD1,000/5 = 200 lots to be able to withdraw the USD1,000 bonus. Please note if your MT4 Account is in a currency other than USD, you must convert the bonus amount into USD and then divide by 5.
The bonus credit will post within one full business day of your deposit. Please allow the credit bonus to post prior to trading or the bonus credit will reflect the deposit amount minus any floating losses.
Upon achieving the minimum number of required trading lots stated above, email [email protected] with your user ID number, amount of bonus received, date of receiving bonus and number of lots achieved, to claim yourbonus. After verification, the bonus will be converted to cash within 5 business days.
Additional Terms:
FXPRIMUS reserves the right, at our sole discretion, to disqualify and/or withdraw a bonus at any time should it be deemed that an individual is tampering with or attempting to tamper with the operation of the promotion, or breaches the promotion terms or the FXPRIMUS Terms & Conditions.
FXPRIMUS reserves the right to alter, amend or terminate this promotion, or any aspect of it, at any time and without prior notice. We may make changes to these Promotion Terms and will notify you of these changes by posting the modified terms on the FXPRIMUS website. We recommend you revisit these Promotion Terms regularly and, by your continued use of the FXPRIMUS website and services, you accept any such modified terms.
All disputes or situations not covered by these Promotion Terms will be resolved by FXPRIMUS management in a manner it deems to be the fairest to all concerned. That decision shall be final and/or binding on all customers. No correspondence will be entered into.
If these Promotion Terms are translated into a language other than English, then the English version of the rules shall prevail where there is an inconsistency.
FXPRIMUS prohibits the trading style of "churning" a trading account for the sole purpose of being able to withdraw the bonus. FXPRIMUS reserves the right to deem an account as being "churned" at its sole discretion, and reserves the right to disqualify and/or withdraw the bonus at any time should it be deemed an individual is using such a trading style.