Personal Bonus +200%» terms and conditions
1 General terms
1.1 The promotion is valid until the 31st of December 2016.
1.2 The organizer of the promotion is Grand Capital.
1.3 The organizer has the right to change the promotion terms at any time, including the list and characteristics of the bonuses.
1.4 The organizer has the right to annul the promotion at any time.
2.1 All clients of Grand Capital can participate in the promotion, including clients who open a Grand Capital trading account during the promotion term.
2.2 To participate in the promotion one needs to verify their phone number and submit id verification documents, as well as the residence address.
2.3 The promotion is valid for the following account types: Standard, Swap Free, Micro, Option.
2.4 In order for the account to be eligible for this promotion, the leverage on the account can’t be greater than 1:100.
2.5 To receive the bonus one needs to deposit their trading account during the term of the promotion. The bonus amount can vary between 50% and 200% of the deposit amount and depends on the client’s account type, deposit amount and the length of trading with Grand Capital.
2.6 The length of trading is calculated as a difference between the date of the registration of the Private office and the date the bonus is claimed. The amount in dollars is calculated in accordance with the company’s internal exchange rate at the moment the bonus is requested.
2.7 The bonus amount is calculated as follows:
Micro account + 5%
Option account +15%
Standard or Swap Free account + 40%
$100 to $300 + 15%
$300 to $500 + 25%
$500 to $1000 + 35 %
$1000 to $3000 +45%
Over $3000 + 60 %
Length of trading with Grand Capital
Less than 1 year + 30%
1 to 3 years + 40%
3 to 5 years + 50%
5 to 7 + 70%
Over 7 + 100%
2.8 The minimum deposit amount required to participate in the promotion is $100.
2.9 The cumulative amount of bonus funds received cannot exceed 20 000 $
2.10 Employees of the organizer and their relatives cannot participate in the promotion.
2.11 The client participating in the promotion must follow these rules, which they should read carefully. Ignorance of the rules cannot serve as a valid excuse when submitting a claim.
2.12 Other promotions of Grand Capital cannot be applied to the account participating in this promotion.
2.13 Any bonus on the account must be annulled prior to the participation in the “Personal bonus +200%” promotion. That can be done by the participant’s request and provided all the conditions of the promotion are met.
3 Requesting the bonus
3.1 To receive the bonus one needs to create a request in their Personal account or contact a personal manager by email (also available in the private account).
3.2 To withdraw bonus funds the documents verifying the client’s identity and the place of residents must be approved.
4 Binary Options accounts
4.1 After the bonus is deposited all funds on the client’s account are divided into 2 parts: client’s personal funds (funds on the account before the bonus was granted) and bonus funds (all active bonuses and the profit gained using the bonus funds). The proportion between these two parts will be used for further calculations and is updated after each deposit/withdrawal.
4.2 When profit is made, the profit amount is distributed between the client’s personal funds and bonus funds proportionally.
4.3 If a trade(s) result(s) in a loss of funds, the loss in proportional to client’s personal funds and the bonus funds.
4.4 Before the bonus requirements are fulfilled, the client’s personal funds which were not used to receive the bonus remain free for withdrawal at any time, as well as the part of the profit made using the mentioned funds.
4.5 Bonus funds, as well as the funds deposited by the client will be available for withdrawal once the collective trading volume exceeds the bonus amount in 40 times.
4.6 The client has the right to cancel the bonus at any time. In this case the whole bonus amount is deducted from the account as well as the profit received using the bonus funds. The remaining personal funds of the client will be then available for withdrawal.
5 Bonus funds
5.1 After the request to claim the bonus is received, it is reviewed by the client support in a 48-hour time. Once approved, the bonus is granted to the trading account.
5.2 Each withdrawal decreases the bonus amount by 50%.
5.3 Internal transfers, commission payouts and other non-trading transitions are equal to a withdrawal.
5.4 The bonus funds are granted for 6 months only.
5.4.1 The bonus term can be extended for another 6 months by making a deposit of at least 50% of the bonus amount, before the bonus funds are deducted.
5.4.2. The company can decline the bonus request at any time, as well as deduct the bonus without prior notice and any comment.
5.5 It is prohibited to trade using anonymous proxy server on the account the bonus is granted to. Upon detection of more than 5 (five) connections to the account from different IP addresses belonging to different regions/countries, the account can be disqualified and the bonus cancelled. If any fraudulent activity and attempt to abuse the bonus scheme as well as falsification of the documents provided is detected, such account can be disqualified and the client can be denied service.
6 Withdrawing the bonus funds
6.1 The bonus funds become client’s funds upon active trading. For that a client needs to place trades and for every open and closed 1 full lot the client receives $3. The minimum request for claiming the bonus funds is 50$. For that the client must send a free form request by email or in the Private office.
6.2 The following trading instruments are used for calculations: FOREX MAJORS, FOREX EXT 1, FOREX EXT.
6.3 The headline of the request should include: “Personal bonus +200% – make my bonus withdrawable”, trading account number and the full name.
7.1 Any claims regarding the promotion can be sent to the email: firstname.lastname@example.org.
7.2 All claims must include: full name, residential address, account number and a thorough description of the problem.