Please make sure You carefully read, understand and agree to our Terms and Conditions
1.This Bonus Agreement (the “Agreement”) is made and entered into by and between: 1. Eightplusmarkets (The Company) and any person, which may be either a legal entity or a natural person who the Company has accepted as a Client (the “Client”)
1.1. By accepting to abide by the Terms and Conditions of the Agreement, the Client hereby agrees to be bound by the provisions as outlined herein.
2.Terms and Conditions of the Bonus
2.1. The decision whether to offer the Bonus to the Client is clearly and indisputably at the Company’s absolute and unreserved discretion.
2.2. If the Client is interested in receiving the Bonus, he/she should carefully consider the Terms and Conditions herein prior to accepting the Bonus from the Company.
2.3. Clients are expected to utilize the Bonus in a rightful and justified manner, according to the Terms and Conditions as stated herein.
2.4. The Bonus can only be applied to one account per Client. If the Client has more than one Trading Account, the Client shall specify the Trading Account where the Bonus is to be allocated.
3.1. Regular Withdrawal: to make a withdrawal from the account, the Client needs to make transactions (number of lots) in the amount of (Total Bonus) / 2 = number of lots to be traded.
● if the Client receives Bonus USD 10,000;
● The Client needs to trade 10,000 / 2 = 5,000 lots (only closed trades are taken into account) in order to make a withdrawal request Only trading in forex or commodity financial instruments is calculated in the number of lots to be traded. Trades in equities, indices, or other instruments do not count towards the number of lots to be traded.
3.2. Irregular Withdrawals: the Client is able to withdraw his/her own funds, even prior to reaching the Required Traded Volume. However, if a client decides to withdraw before the requested trading volume, the withdrawal amount won’t exceed the deposited amount. It should be noted that the amount of an Irregular Withdrawal calculation reflects the Client’s trading achievement whereby all profits and losses generated using his/her own funds are allocated to the Company
3.3. Furthermore, any withdrawal from the Trading Account before the Required Traded Volume is reached will cancel the Bonus entirely and the profited amount in the account. If the Client has Open Positions and in the event that any losses incurred as a result of such cancelation of the Bonus, the Company shall not be held liable.
– if the deposited amount is USD 10,000;
● the Bonus is USD 10,000;
● Had the Client traded 2,500 lots, the Client would not be able to withdraw USD 5,000. Based on that, the Client needs to trade 10,000/2 = 5,000 lots (only closed trades.
3.4. Once the Client completes the Required Traded Volume; the Client will need to send an email to support@Eightplusmarkets.com with the calculation of the total lots he/she traded.
3.5. The Client cannot reclaim any Bonus amount that has been removed by making subsequent deposits into the Trading Account.
3.6. The Company reserves the right to delay processing the Client’s withdrawal request until all Open Positions are closed. Thus, the Client must ensure that all Open Positions are closed/settled prior to submitting the withdrawal request.
4.1. If the Company suspects that the Client has abused or attempted to abuse the Terms and Conditions contained herein, or otherwise acted in bad faith towards the Company, then the Company reserves the right, at its sole discretion, to deny, withhold or withdraw from that Client the Bonus and, if necessary, block and/or terminate the Client’s access to the Trading Account.
4.2. In such cases, the Company will not be liable for any other consequences that result from the Bonus cancellation and/or removal. If the Client has Open Positions and in the event that any losses incurred as a result of such cancelation of the Bonus, the Company will not be held liable.
4.3. The decision of whether the Client is abusing and/or manipulating the Company’s trading platform and/or its Bonus is at the Company’s sole and exclusive discretion.
4.4. The Company reserves the right to revoke or change the Bonus at any time.
4.5. If the Company has a reason(s) to believe that the Client has more than one Trading Account which utilized the Bonus, then the Company reserves the right, without the Client’s consent to immediately withdraw the Bonus from the Client’s Trading Account(s) and hold any withdraw/deposit requests before the Company investigates the situation. In the event that any losses incurred as a result of such a removal, the Company will not be held liable.
4.6. The Company does not recommend taking the Bonus unless the Client knows how to make it work to his/her advantage.
5.1. Internal funds transferred between the Trading Accounts within the Company are considered withdrawals; therefore, the Bonus removal will be applied according to the Terms and Conditions as set out herein.
5.2. If the Required Traded Volume is not met and the Equity (displayed in the platform) of the Trading Account goes below the Bonus amount (displayed in the platform), then the Bonus is removed automatically by the system. In other words, if the Cash Equity (Equity – Active Bonus) becomes zero or less, all Bonuses will be canceled and removed from the respective Trading Account. In these circumstances, the
Company shall not be liable for any consequences of the Bonus cancelation, including, but not
limited to, order(s) closure by Stop Out.
● The Client has deposited USD 10,000;
● As a result, the Client received the Bonus of USD 5,000;
● The Balance of the Client’s Trading Account available for trading is USD 15,000
● If the Equity falls under USD 5000, the Bonus will be removed automatically.
5.3. The Bonus cannot be transferred between the Trading Accounts.
5.4. Persons under the age of eighteen (18) or below the competent legal age in their country of
residence (minors) are not permitted to participate in Bonus offers.
5.5. The maximum Bonus that can be claimed is USD 100.000 (or any other currency
equivalent) per Client. (depends on the deposit amount)
5.6 The Bonus structure is represented in USD currency .
The decision whether to offer the Bonus to the Client is clearly and indisputably at the
Company’s absolute and unreserved discretion.
Bonus structure may change from time to time.
1,000-5,000 Deposit = 10% Bonus
5,000-10,000 Deposit = 12% Bonus
10,000-15,000 Deposit = 15% Bonus
15,000-20,000 Deposit = 18% Bonus
20,000-25,000 Deposit = 20% Bonus
25,000-30,000 Deposit = 22% Bonus
30,000-35,000 Deposit = 25% Bonus
35,000-40,000 Deposit = 27% Bonus
40,000-45,000 Deposit = 30% Bonus
45,000-50,000 Deposit = 33% Bonus
50,000+ Deposit = 50% Bonus
6.Acknowledgments and Risk Warnings
6.1. The Client understands that the Bonus gives him/her increased value and extra trading leverage. Therefore caution must be exercised at all times when using the Bonus. by using the Bonus, higher trades may be closed; thus, more money can be made; however, the Client may also lose more than expected.
6.2. The Client hereby acknowledges that Forex and Contract For Differences (“CFDs “) are leveraged products that involve a high-risk level. It should be noted that when trading in the aforementioned products, it is possible for Clients to lose all their invested capital. These products may not be suitable for everyone, and Clients should ensure that they understand the risks involved. Electing to utilize the Bonus may increase the risk of losing all assets. Clients should seek independent advice, if necessary.
7.1. The above Bonus is subject to the Company’s Terms of Business available on the Company’s website, which may be amended from time to time.
7.2. Once the Client read, understood, and agreed to the Agreement, the Client can apply to participate in the Bonus by sending an email to support@Eightplusmarkets.com
7.3. In case of discrepancy between the meanings of any translated versions of this Agreement or any other communications forming part of this Agreement in any other language, the meaning of the English language version shall prevail.