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Club Bonus Agreement

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InstaForex :: Club Bonus Agreement
  1. Every owner of InstaForex Club Card has a right to receive the Club Bonus on his/ her trading account.
  2. The amount of the credited Bonus depends on the trading account surplus. * Thus, the credited Bonus will be equal to:
    1. Surplus is < 500$ - 1% of surplus
    2. Surplus is 500-1000 – 2%
    3. Surplus is 1000-1500 – 3%
    4. Surplus is 1500-2500 – 4%
    5. Surplus is 2500-5000 – 5%
    6. Surplus is 5000-7500 – 6%
    7. Surplus is 7500-10000 – 7%
    8. Surplus is 10000-13000 – 8%
    9. Surplus is 13000-15000 – 9%
    10. Surplus is 15000 and over – 10%
  3. The Club Bonus can be credited to the account, which is already credited with a bonus of another type (the 30% Bonus or the Fixed Welcome Bonus), though the sum of the credited bonuses is neglected in the Club Bonus calculation. The number of accounts for the Club Bonus receipt by The Client is not limited.
  4. The Client has a right to get the Club Bonus each time he/she deposits a trading account.
  5. The Client agrees, that each time he/she withdraws money from a trading account after receiving the Club Bonus the Company cancels a part of the bonus proportionate to the withdrawal amount. The total sum of canceled bonus can not exceed the size of bonus credited.
  6. Identification information is not requested while applying for the Club Bonus. But the Company reserves the right to request identification documents at Company’s own discretion.
  7. The Club Bonus can be withdrawn only after BUY or SELL trades are completed. The total volume of the trades must be equal to X*3 InstaForex lots, where X=the total volume of received bonuses. For the accounts opened in the RUR currency, the calculation of the trades volume is made by formula: X*3/50 (InstaForex lots).**
  8. The Company reserves a right to cancel the Club Bonus at any time at Company’s own discretion without explaining the reason. ***
  9. The Client agrees that the company may cancel the bonus and correct the profit made with it, with amount equal to bonus sum, in case of detecting any signs of abuse of the bonus program if account has profit equal to deposit without prior warning or explaining the reason. Client admits possible risks of applying this paragraph.
  10. The Company reserves a right at its discretion to calculate and distribute profit received with the use of bonus funds from the moment of registration of trading accounts, or from the moment of crediting of bonus funds to the account, in proportion to the client's real funds and bonus funds on the account. Herewith, a part of the profit proportional to the amount of the bonus may be limited for withdrawal from the trading account until the bonus part has been worked out in accordance with the rules specified in this agreement.
  11. The Client agrees that in case of decrease in the level of current funds (equity/funds ratio) on the account below the level of current bonus funds, i.е. when the point of current losses exceeds the client's real funds on the trading account, all funds from this moment will be calculated as bonus funds in full in case of no subsequent deposits on the account. In the event of deposit, funds on the account are being calculated and distributed between the bonus funds and the client's real funds in proportion to the amount of deposit and the value of the bonus funds at the time of the deposit.
  12. The Company reserves the right to amend or modify the campaign terms without prior notice.
  13. The official language of the Agreement is English. In case of variant readings of a translated version and the Agreement in English, the Agreement in English are considered as a prior reference standard.

* The balance of deposits and withdrawals on the account is calculated since the moment the payment for the Club Card was deducted.

** If there are Club bonus and either 30% Welcome bonus or Fixed bonus in the account, the total amount of bonus funds shall be earned.

*** The point is directed to prevent unscrupulous usage of the bonus surcharge system, but its employment does not mean that all accounts, for which the company cancelled the bonuses received earlier, are declared as violated any rule, because in some cases it is impossible to determine the fact of the rule’s violation unambiguously. Probability of the erroneous cancellation of the bonus within the struggle against unscrupulous usage of the bonus surcharge system does not exceed 10%.

«Insta Service Ltd.» 19.07.2019