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Bonus T&C
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Terms and Conditions for HFX Promotions
T&C for General Bonuses Promotion
- Subject to all Terms, the Trading Credit and Trading Bonus are available to Participants
who have satisfied the Eligibility Criteria for the Promotion advertised
- The Offers relate to a minimum approved deposit of 1000$. The credit bonus may be
added to a trading account as credit, but not before all required documents have
been completed, received, processed and approved.
- Credit bonuses are non-transferable between clients. The credit bonus cannot be
transferred between different accounts whether clients separate account or other
account in HFX if the original deposit has already been traded on in this account.
- Credit bonus is a credit which can't be withdrawn. It is a credit which HFX will
applies to your account upon your initial investment.
Classification of credit bonus "in advance"
- In cases when the credit bonus will be added to the account in advance it can be
used for margin requirements only.
- Margin requirements are set by default to 0% but may change to up to 25% according
to market conditions and trading account classification as set by HFX.
- Unless otherwise stated, the credit bonus cannot be combined with any other offers
or promotions offered by HFX.
- The credit bonus cannot be withdrawn until the lot obligations has been made according
to the conditions stipulated below.
Fulfilling lot obligations-General T&C:
- Unless otherwise stated, for each $25 credit bonus given in advance, there is a
lot obligation of 5 lots.
- For example: If a 30% credit bonus is given on an initial investment of $1000, the
account holder would receive an additional $300 credit. Total equity is equal to
$1300.
(30%*1000+1000=$1350) 300$/25$=12*5 lots=60 lots are the volume obligations in order
to receive each 30%”credit bonus.
- “1 Lot”- shall mean one transaction of 100,000 units of the base currency. Transactions
in indices will be considered 1 lot for each transaction of $100,000.
- There is a maximum credit bonus of the currency equivalent of $5000 US Dollar per
each HFX account.
- Clients must inform HFX account managers upon completing lot obligations. HFX shall
not be held responsible to inform clients of their volume status at any time.
- The credit bonus may be withdrawn after the applicable amount of standard round
lot turn transactions have been placed. Please note that until the required trading
volume has been fulfilled, withdrawals of bonus funds or trading profit are not
allowed.
- You may opt out of the bonus program, in which case, no minimum trading volume need
be reached before requesting a withdrawal.
- If you do receive a bonus and request a withdrawal before the trading volume conditions
are met, only your initial deposit less profits or losses may be withdrawn , your
account would be closed and trading will not be permitted on the remaining bonus
amount and / or any profit generated.
- According to this Promotion, once the client makes their initial investment, they
must complete the required number of standard lots in a period of 6 months in order
for the bonus to become valid. If you have not fulfilled the required number of
standard lot round turn transactions during the 6 month period, the ‘credit bonus’
will subsequently be detached from the account. This detachment may affect the equity
and margin level on your open positions at the time, possibly closing out some or
all of your positions. This is done automatically by our Risk Management System,
which limits your potential losses.
- This promotion shall be valid according to the company decisions.
- We reserve the right, at our sole discretion, to disqualify any individual that
tampers or attempts to tamper with the operation of the Promotion, or breaches the
Promotion Terms and conditions or Our Terms or conditions.
- We reserve the right to alter, amend or terminate this Promotion, or any aspect
of it, at any time without prior notice. We may make changes to this Promotion's
Terms and will notify you of these changes by posting the modified terms on the
HFX website. We recommend you to revisit these Promotion terms regularly and, by
your continued use of the HFX website and services you accept any such modified
terms.
- Any dispute or situation not covered by these Promotional Terms will be resolved
by our management team in a manner it deems to be the fairest to all concerned.
That decision shall be final and/or binding on all entrants. 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 are any inconsistencies.
- Terms & Conditions concerning all bonuses are in addition to the General Terms &
Conditions of HFX web-site and HFX Glob.
T&C for Zero Spread On Majors
- Subject to all Terms, the Trading Credit and Trading Bonus are available to Participants
who have satisfied the Eligibility Criteria for the Promotion advertised
- The Offer relates to a minimum approved deposit of 5,000$.
- Margin requirements are set by default to 0% but may change to up to 25% according
to market conditions and trading account classification as set by HFX.
- Zero spread will be reflected in 3 currencies Only: EURUSD,GBPUSD,USDJPY
- The spread on Gold is a variable spreads and will reflect an average of 45 cents
under normal market conditions.
- In other financial instruments spreads will reflect a Platinum Account. his promotion
shall be valid according to the company decisions but no later than 31 of December
2011. After the promotion period, client shall trade with spreads and trading conditions
according to the account types which appear at HFX’s website.
- During to promotion period, Scalping in not allowed in any case on EURUSD, GBPUSD,
USDJPY and Gold.
- We reserve the right, at our sole discretion, to disqualify any individual that
tampers or attempts to tamper with the operation of the Promotion, or breaches the
Promotion Terms and conditions or Our Terms or conditions.
- We reserve the right to alter, amend or terminate this Promotion, or any aspect
of it, at any time without prior notice. We may make changes to this Promotion's
Terms and will notify you of these changes by posting the modified terms on the
HFX website. We recommend you to revisit these Promotion terms regularly and, by
your continued use of the HFX website and services you accept any such modified
terms.
- Any dispute or situation not covered by these Promotional Terms will be resolved
by our management team in a manner it deems to be the fairest to all concerned.
That decision shall be final and/or binding on all entrants. 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 are any inconsistencies.
- Terms & Conditions concerning all bonuses are in addition to the General Terms &
Conditions of HFX web-site and HFX Glob.
PTA Specifications and limitations
- Protected trades will be valid, only on EURUSD and only for lot size of 0.1.
- The protected time period is limited to maximum of 7days (including weekends). The protected period will be expired at the 7th day at 18:00 (MT4 Server Time). Trade which will remain open will be closed by the dealing room.
- During the protected period, only up to 5 trades of 0.1 each will be protected. In case the trader executed 5 trades at the same day, his trades will no longer be protected.
- In the event that the client generated profits during the protected period, he may withdrawal his profits subject to a required lot transaction of times 3000 on the profit amount.
For example: trader deposited 5,000$ and made 1,000$ profits. He may withdrawal the profits after completing required trading volume of 3 million (30 Lots)
- Trader may execute trades in all other financial instruments besides EURUSD. Each trades with those instrument will be considered as a regular trading, with no connection to the protected period and terms and conditions.
- We reserve the right, at our sole discretion, to disqualify any individual that tampers or attempts to tamper with the operation of the Promotion, or breaches the Promotion Terms and conditions or Our Terms or conditions.
- We reserve the right to alter, amend or terminate this Promotion, or any aspect of it, at any time without prior notice. We may make changes to this Promotion's Terms and will notify you of these changes by posting the modified terms on the HFX website. We recommend you to revisit these Promotion terms regularly and, by your continued use of the HFX website and services you accept any such modified terms.
- Any dispute or situation not covered by these Promotional Terms will be resolved by our management team in a manner it deems to be the fairest to all concerned. That decision shall be final and/or binding on all entrants. 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 are any inconsistencies.
- Terms & Conditions concerning all bonuses are in addition to the General Terms & Conditions of HFX web-site.
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