Bonuses and promos terms and conditions
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1 Bonuses and promos terms and conditions Bonuses and promos terms and conditions 1
2 Table of contents Up to 100% deposit bonus... 3 Trading Points... 5 No comission on deposit and withdrawals Bonuses and promos terms and conditions
3 Up to 100% deposit bonus 1. The bonus is applied automatically if was selected during deposit process, upon successfull receipt of the payment, equal amount of bonus is added to the account. There is no limit for number of bonuses to be applied, you can select the bonus for your every deposit. 2. The bonus amount is calculated as follows: 25% for deposits from $100 to $999, 50% for deposits from $1000 to $4999, 75% for deposits from $5000 to $9999, and 100% for deposits from $10000 and above. 3. The bonus can be used for real trading, to increase actual leverage and exploit trading opportunities at full scale. There are no limits in bonus usage during your trading. 4. The bonus cannot be lost, if amount of equity on the account equals or is below bonus, the bonus is withdrawn. TurboForex bears no responsibility for possible losses because of terminated positions. 5. The bonus may be converted to balance and withdrawn, if minimal trading amount conditions are met: for every 10 lots of closed forex trades $10 of the bonus may be converted to the balance and withdrawn. Hedged trades, as well as trades with open and close price difference less than 3 pips are excluded from the calculations. To perform the conversion please contact customer support. Bonuses and promos terms and conditions 3
4 6. Up to 100% deposit bonus is given in order to boost trading activity, the bonus will be withdrawn after one year if not fully consumed by that time. 7. In case of any withrawals from the trading account, including internal trasfers, bonus is completelly removed. 8. In order to ease calculations, the account where the bonus is applied to is blocked for internal transfers to other client's accounts. 4 Bonuses and promos terms and conditions
5 Trading Points 1. Trading points are assigned for all clients closed trades where difference between opening and closing price is at least 3 pips. 2. Trading points are calculated once in an hour, every day. 3. Trading points can be used for TurboForex shop purchases or for credit bonuses conversion to a trading accounts balances. 4. Prices in TurboForex shop include shipping, however customs clearance is sole recepient responsibility. 5. In order to purchase from TurboForex shop, choose item and press «Get» button, and then fill out order form. 6. Purchases from the TurboForex shop are dispatched within 7 business days. 7. In order to convert bonuses to balance, clients should contact customers support, stating trading account number and bonuses amount. 8. Bonuses conversion rate is $1 for 1 trading point. Bonuses and promos terms and conditions 5
6 9. Conversion requests are processed within 24 hours. 6 Bonuses and promos terms and conditions
7 No comission on deposit and withdrawals 1. TurboForex offers opportunity to its clients to deposit and withdraw funds to and from trading account without comission. 2. Comission thats is charged from payer by payment system is not compensated. 3. Fair usage policy applies: If the client didnt generate trading volume equal or more to deposits amount divided by 200 in standard lots(only trades with open and close price difference no less than 3 pips are counted), 4.75% comission applies on deposits amount and 4.5% comission applies on withdraw amount in order to compensate the company for the deposit and withdraw costs that company pays to processing companies. Example: With $1000 deposited it is required to generate at least 5 standard lots of trading volume in order to be applicable for the promotion. Bonuses and promos terms and conditions 7
8 Refer a friend 1. Existing clients are offered an opportunity to recommend company services for other potential clients and receive reward in amount of 15% from the value of first deposit of the invited client.. 2. In order to secure recommendation it's required to use personal recommendation link, available in clients zone of the website. 3. The reward is paid only after referred client performed trades to meet minimal required trading volume(cumulative amount of trades in standard lots equal or more to deposit amount divided by 20) and performed 50 closed trades in total. Only forex and gold/silver trades are counted, as well as only trades where price difference between open and close trade is at least 3 pips. 4. In the event that referred client lost all his fund on the course of the trading, the comission will be paid out in full 8 Bonuses and promos terms and conditions
9 without meeting the minimal trade volume requirements, however not earlier than 30 days after the deposit date. 5. It's imperative for both referring and referred clients to pass account verification process before any rewards will be accounted and/or paid out. Bonuses and promos terms and conditions 9
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