"Deposit Bonus" Terms & Conditions

The Deposit Bonus is a promotional campaign allowing traders to increase their deposit amount by up to 100%. The Bonus is offered during specific campaign periods and may be limited by time or by specific events. Any withdrawal or internal transfer from the account reduces the Bonus. The Bonus does not absorb trading losses or drawdown.

1. The Deposit Bonus is offered by ServiceComsvg LLC (the Company) to its Clients under the following Terms.
2. By applying for the Bonus, the Client acknowledges that he or she has read and agreed to be bound by the Bonus Terms and Conditions as well as the Company Terms and Conditions.
3. The Deposit Bonus is applicable to MT4/MT5 M.Premium accounts at the time of deposit to these accounts (except manual deposit operations for India).
4. The Deposit Bonus provides an additional amount of funds available for trading (i.e. for opening new positions and maintaining margin requirements for such positions).
5. The deposit bonus is available to eligible copy trading subscribers who have successfully subscribed to a qualified trader's strategy and have made a new deposit into their copy trading account. Subscribers are solely responsible for understanding the risks associated with copy trading and for making informed decisions regarding their investment strategies.
6. The company assumes no responsibility for any losses incurred by subscribers, regardless of whether the losses are related to the use of the deposit bonus or other trading activities. The company can’t guarantee the performance of any qualified trader's strategy or the profitability of subscribers' trading activities.
7. The deposit bonus increases the trading volume and is included in the account balance for independent trading only. However, it can't be used for actual trades and is excluded from subscribers.
8. The bonus amount will be promptly credited into the investment account once all the necessary terms and conditions are met.
9. The bonus cannot be used to cover trading losses.
10. The bonus is not a part of the trading account balance and is displayed in the “Credit” field in the MetaTrader platform.
11. The Deposit Bonus is offered within individual campaigns. Campaign parameters (bonus percentage, eligible regions, maximum bonus cap and validity period) are specified in the Trader's Room or on the official campaign page. A Bonus received during an active campaign remains valid under these Terms after the campaign ends.

1. Each customer profile registered on the Company website is subject to one active bonus at a time.
2. In case if the Wire Transfer method is used for depositing, the Participant has to notify his\her account-manager in order to arrange a Bonus assignment to the Participant’s trading account via e-mail after the Participant’s trading account has been funded. In all the other cases, the Bonus is added to the Participant’s account automatically.
3. Participants must meet the minimum trading volume requirements before the Bonus will be transferred to account balance and become available for withdrawal requests or internal transfers. After receiving the Bonus, participants will have 180 calendar days to meet the minimum volume requirement. This term is calculated separately for each particular bonus amount received during this Promotion.

Example:

A Participant deposits $100 and chooses 100% Bonus.

The bonus is added to the Participant`s account. The account balance now is $100 Deposit + 100% Deposit Bonus = $200Required lots to trade:0.25-0.3 lot per USD$100*0.25 = 25 lots

The Participant has 180 calendar days to trade the required number of lots and keep the Bonus. The Participant has applied for the Bonus in September so he/she has the time till March to meet the trading volume requirement.

The number of lots to trade till March is calculated automatically and shown in the Trader`s Room -> Dashboard section.

1. After 180 calendar days from the deposit date, MTrading has the right to remove a client’s eligibility for any active bonuses, provided that the minimum trading volume requirement has not been completed. Clients are required to make good faith efforts to ensure that MTrading is able to withdraw a bonus after 180 calendar days have passed if the minimum trading volume has not been completed.
2. Bonuses will only be credited to the exact same real trading account that was funded.

1. Once the trading volume requirement is met, the Participant can withdraw the Bonus or use it for further trading. All trading positions should be closed.
2. Once credited to a client’s trading account, the deposit bonus remains linked to this same account and cannot be withdrawn either partially or in full unless the minimum trading volume requirement is met in its entirety
3. The Participant can withdraw accrued profits and earlier deposits from trading accounts. Any withdrawal of funds from the trading account is subject to a bonus removal, regardless of whether the funds withdrawn represent the client's own deposited funds or trading profit. Where only part of the available funds is withdrawn, the bonus is removed in part; where all available funds are withdrawn, the bonus is removed in full. All withdrawal and transfer requests are processed exclusively when no open trading positions exist on the account. The active Bonus will be adjusted or reduced at the time of processing, as determined by the Company.
4. The Deposit Bonus is not transferable and is solely limited to the recipient of this offer.
5. The client agrees that a withdrawal request will not be processed if the request results in a total reduction of more than 70% of the free margin on the account after any automatic reductions of bonus levels are taken into account.

1. Deposit Bonus does not absorb drawdown. It increases the margin available for opening positions, but trading losses are covered only by the Participant's own funds. Due to an additional free margin limit formed by a Bonus amount in the trading account a Participant accepts and agrees that besides the default Stop Out level stated on MTrading website an Additional Stop Out condition will be applied to Participant`s trading account that contains Bonus. Participant`s open positions will be immediately liquidated if any of default or Additional Stop Out conditions will occur in Participant`s trading account.
2. The Deposit Bonus shall be cancelled in full in the event of a Stop Out, i.e. when open positions are forcibly closed because the account's margin level has reached or fallen below the default Stop Out level or the Additional Stop Out condition has been triggered. Since, on the MetaTrader 4/5 platforms, positions are closed sequentially at market price, starting with the least profitable one, the Bonus shall be cancelled only after all Stop Out closures have been fully executed.
3. Additional Stop Out condition will trigger the Stop Out procedure if Participant's total account equity (own balance + current floating profit/loss + swap + Bonus amount - per trade commissions) decreases below the amount of the received Bonus, as shown in Example below:

Example:

a) Default Stop Out conditions:

When a Participant has 1000 USD of own funds in a trading account and an additional 200 USD received as Bonus, the total amount that may be used as margin in the account is 1200 USD. If Participant uses 1100 USD as margin, Default Stop Out will trigger when current account equity decreases below 20% of used margin, i.e. when equity will drop to 220 USD or lower. This remaining amount of 220 USD is greater than the amount received as Bonus, therefore equity did not drop below the amount of Bonus and Default Stop Out procedure will trigger at margin level of 20%.

b) Additional Stop Out conditions:

Following the same parameters as in the example above, but assuming that this time the Participant will use 600 USD for margin requirements. In such a case 20% of this margin requirement will be 120 USD, however as this amount remains below the amount of received Bonus (200 USD) an Additional Stop Out condition will apply whenever total account equity decreases below 200 USD. As a result Stop Out will trigger at a margin level of 33%.

It is clients` sole responsibility prior to offer ending date to maintain sufficient margin level on their accounts so that after removal of the Bonus margin level will still remain sufficient for maintaining open positions.

1. At all times, ServiceComsvg LLC reserves the right to amend, change or cancel this promotion without any prior notice to current or prospective promotion participants.
2. If the Company suspects that a Promotion participant has abused or attempted to abuse a Promotion or otherwise acted with a lack of good faith towards MTrading, MTrading’ reserves the right to deny, withhold, cancel or withdraw from that participant the credit bonus, and, if necessary, to cancel any terms and conditions of this promotion and client agreement with respect to that Promotion participant, either temporarily or permanently, or to terminate that participant`s access to the services and/or block that participant`s account(s).
3. The bonus funds are considered to be the property of the Company until the client reaches the required trading volume.
4. Most deposit instruments are subject to a commission or fee by a third party. It is a client’s responsibility to provide sufficient deposit levels, excluding the commission, in order to be eligible for an appropriate bonus category.
5. Trading in the Forex and CFD markets entails significant risk. Participation in the Forex and CFD markets should not be undertaken unless the Trader is fully aware of and understands the risks involved in trading. Participation in this promotion should not be a motivating factor when considering participation in the Forex and CFD markets.
6. It is the responsibility of the client to ensure that all applicable taxes and fees on bonuses in their country are paid.
7. In case of any ambiguity or conflict or inconsistency between different translations of these Terms, the English version shall prevail.
8. In case of additional questions related to the Promotion, Participants may contact MTrading at support@mtrading.com or contact their personal account-manager.

“New Client” – An individual or corporation who, at the time of enrolment into this Promotion, does not have any live accounts or earlier registrations in the Trader’s Room at MTrading.

“Company” – ServiceComsvg LLC registered at PO Box 2897, Euro House, Richmond Hill Road, Kingstown, Saint Vincent And The Grenadines, VC0100.

“Existing Client” – An individual or corporation who, at the moment of enrolment into this Promotion, has, or earlier was in possession of, any of the following accounts:

• Registration in the Trader’s Room of MTrading;
• Real trading account (currently active or deactivated).

“Participant” – An M.Premium Account user who applied for the bonus through the Trader’s Room or at support@mtrading.com in case wire transfer was used.

“Account funding”, “deposit” – A money operation that adds new money to a client`s real trading account through means of payment offered by MTrading. Internal transfers, balance adjustments, other cash bonus credits, IB/partner rewards or commissions will not be considered an account funding operation.

“Minimum trading volume requirement” – The total volume required to trade before the client is able to withdraw bonus funds received from the Promotion. Trading volume is calculated in lots. Traded volume in lots can be checked by the Participant in the Trader Room by following progress on a special dashboard. Traded volume in lots counted as 1 lot = 100,000 USD Dashboard shows required volume in lots to be traded and current number of lots traded.

“Valid trade for the required total volume calculation” – a full round turn trade that complies with all three of the following criteria:

1. The trade remained open at least 3 minutes 00 seconds;
2. The profit or loss in this trade is more than 3 pips, where:-for Forex instruments quoted to the 5th digit following the decimal point (e.g. GBPUSD – 1.32451), 1 pip is equal to a price increment of 0.00010;- for Forex instruments quoted to the 3rd digit following the decimal point (e.g. USDJPY – 101.522), 1 pip is equal to a price increment of 0.010;- for spot metals 1 pip is equal to a price increment of 0.01;- for indices 1 pip is equal to a price increment of 1.0, which is also called an Index Point;- for other instruments 1 pip is equal to Tick Size, as provided in the Contract Specifications on MTrading website
3. The trade was not hedged, meaning that is has to conform with ALL of the points below to be considered a hedged trade:- the reversal position was opened within 15 minutes after opening the initial position;- the volume variance between the initial and reversal position does not exceed 20%;- the reversal position is closed within 15 minutes before or after the closing of the initial position.