Forex/CFDs Bonuses Policy

Forex/CFDs Bonuses Policy

Forex/CFDs Bonuses Policy

1.     Lead Capital Corp (the “Company”) may elect to grant a benefit to Clients by depositing bonus amounts in the Client's trading account, subject to certain terms and conditions as shall be determined by the Company, at its sole discretion. Such bonus amounts may not be withdrawn by the Client, unless the Client complies with the applicable trading requirements as may be amended from time to time or as communicated to the Client.

2.     To qualify for any of the Company’s Bonus Promotions you must:

a.   be a new client of Lead Capital Corp Limited (“LCC”);

b.   the account should be approved by the Compliance Department;

c.   deposit a minimum amount of $/€/£100.00;

d.   have accepted the bonus and all the Bonuses Terms & Conditions

NB: You are required to accept the Bonus Terms & Conditions

Upon fulfilment of all the conditions in point 2 hereinabove the bonus will be applied automatically to your trading account within one (1) business day.

If you do not wish to receive the bonus or cancel it, you may notify the Customer Support Department of your wish via email to the following email address: [support@finq.com].

3.     A welcome bonus of $25 is available for each client who opens an account with the Company and undergoes verification and becomes fully compliant. You can withdraw only the profit produced from the bonus and your deposit. 

Clients will be able to receive the welcome bonus of $25 as soon as they complete the registration and compliance except for Clients residing in Restricted Jurisdictions mentioned in the Retail Client Agreement and also in any of the following jurisdictions:
Algeria, Anguilla, Azerbaijan, Bahamas, Bangladesh, Belgium, Bermuda, Bhutan, Bolivia, British Indian Ocean Territory, Brunei Darussalam, Burundi, Canada, Cambodia, Cameroon, Central African Republic, Chad, Colombia, Comoros, Cyprus, Djibouti, Dominica, Dominican Republic, Egypt, Equatorial Guinea, Ethiopia, Faroe Island, Gabon, Gambia, Grenada, Greece, Guinea, Guinea Bissau, India, Indonesia, Jersey, Kenya, Korea Democratic People of, Korea Republic of, Kyrgyzstan, Lao people Democratic Republic, Lebanon, Lesotho, Liberia, Libya, Macao, Madagascar, Malawi, Marshal Islands, Mayotte, Mongolia, Morocco, Mozambique, Namibia, Niger, Nigeria, Pakistan, Philippines, Poland, Russian Federation, Rwanda, Saint Kitts and Nevis, Saint Lucia, Samoa, Sao Tome and Principe, Seychelles, Sierra Leone, Somalia, South Sudan, Sudan, Suriname, Tajikistan, United Republic of Tanzania, Togo, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Ukraine, United States, Uzbekistan, Vietnam, Zambia, Zimbabwe.

4.     A First-Time Deposit bonus is available when you are full registered and you deposited for the first time the minimum amount.

5.     Retention Bonuses are available as percentage on your total deposits.

6.     Pending Bonus available when you reach an X amount of points in a predefined period of time.

Your bonus is subject to volume and term criteria (the “Criteria”). The Bonus cannot be withdrawn until the Criteria, both a and b and c for pending bonuses here below have been met.

a.     To be eligible to withdraw the bonus you must generate a trading volume of ten thousand Dollars (US$10,000) for every Dollar (US$1) of bonus awarded e.g.  for a $100 bonus award the trading volume requirement is $100 * $10,000 = $1,000,000.

b.     The trading volume requirement must be achieved within sixty (90) calendar days (the “Timeframe”), from the date the bonus is awarded.

c.     Pending bonus is the type of bonus that does not produce a financial transaction at the moment of creation. The bonus is not added to the customer's account balance, but its status is “pending”. The “pending bonus” is delayed until the customer reaches the required number of points within the predetermined time frame. The points begin to be counted only after the customer has accepted the Terms and Conditions. Only after the customer has fulfilled these two conditions (the number of points required within the set time frame) then the bonus is added to the customer’s account as a “Cash free” to withdraw- without any restrictions

7.     If you sustain trading losses in your account, those losses will be firstly deducted from your deposit. This also applies if you make further deposits after you have received the bonus.

If you withdraw funds prior to meeting the Criteria the bonus will be removed. For the avoidance of any doubt, profits accumulated from own funds or accrued from the use of the bonus are withdrawable in a proportional manner as per the below example.

Where you have incurred losses upon making a withdrawal request and prior to meeting the Criteria, all losses will firstly be applied to your deposited funds and the remaining balance excluding the bonus will be available for withdrawal.

 

Profit Example

Loss Example

Client deposit:

$5,000

$5,000

Bonus:

$1,000 (per table above)

$1,000 (per table above)

Account Balance After Bonus:

$6,000

$6,000

Percentage of Deposited Funds:

83%

83%

Profit/Loss Generated:

$1,000

- $1000

Account Balance:

$7,000

$5,000

Withdrawable Amount:

$5,833.33

$4,000

 

8.     If you do not meet the volume criteria described above in 4a within the Timeframe, LCC reserves the right to remove the bonus, or such proportion as is available for removal, without providing any notice to the Client.

9.     You will be able to identify at any time your Withdrawable Equity, your Bonuses Balance and the days available until the Timeframe expires.

10.  If your account balance reaches zero, the Criteria will cease to apply and normal trading protocol will take effect.

11.   From time to time, the Company may offer additional bonus promotions, which will be offered to you based on certain pre-defined criteria and at the Company’s sole discretion. If you are eligible to receive such bonus, a relevant email notification will be sent to you.

12.  The relevant bonus becomes available for withdrawal as soon as you satisfy the required minimum trading volumes determined hereinabove. If you are participating in more than one bonus promotions simultaneously, the Criteria operate as follows:

a.     trades placed following receipt of the bonus are allocated towards the withdrawal Criteria that relate to the specific bonus until completely fulfilled;  

b.     subsequent trades will be allocated to any other bonus criteria once the initial Bonus Criteria have been met in full. Bonus withdrawal criteria are therefore met in chronological order. This principle applies regardless of the number of offers or bonuses you may be participating in simultaneously.

13.  If you make any additional deposits while you are participating in a bonus offer, subsequent deposits will not count towards the Criteria for already received bonuses.

14.  The bonus and any other bonuses will be immediately revoked from Clients who appear to be in abuse of the spirit of this offer. LCC reserves the right to cancel/remove a bonus at any time in case of any suspected abuse of the offer.

“Abuse” and “Abusive Behaviour” includes, but is not limited to:

  1. the opening of multiple accounts to claim multiple bonuses,
  2. the Client by himself or in collusion with others behaving in a manner that may be deemed that the sole intention is to extract the bonus,
  3. trading activity patterns that suggest fraud, manipulation, cash-back arbitrage or attempts to garner risk free profits by making use of the bonus.

Further, where any single term of the bonus offer is breached or where there is any reasonable suspicion by LCC that a Client has acted fraudulently or has obtained an unfair or unintended advantage, LCC reserves the right to cancel any attempted withdrawal of profits, temporarily or permanently close or suspend the account(s) that have been deemed abusive, cancel any orders and all profits. Under these circumstances LCC shall not be held liable for any consequences of bonus cancellation, including but not limited to cancellation of orders and closure of positions. 

15.  LCC is the sole arbiter of these Bonus Terms and Conditions and any other issue arising under this promotion. Exceptions to these are at the sole discretion of LCC’s management, and any decisions to this effect are final. LCC reserves the right to amend, withdraw or restrict this offer at any time without any notice to the Client.

16.  LCC will not be held liable for any losses incurred by you because of your trading in relation to this offer. There is a substantial risk that you may lose all your initial investment. 

Bonus Disclaimer

Bonuses are offered exclusively based on the management’s discretion. While bonuses have some advantages, you do not have to accept them. Bonuses require a trading turnover which might be beyond your reach. You are advised not to accept any bonuses unless you understand Bonus Terms and Conditions and you are committed to trading over a long period.