FXCC START-UP AND FUNDING BONUSES TERMS & CONDITIONS  (EXPIRED)


  • Promotion Period: This Promotion shall expire on 30th of December 2017.
  • Eligible Clients:
    • New and Existing Clients of FXCC. (Standard or XL accounts holders)
    • Elects to opt-in to take part in the Offer by expressly confirming his or her decision via the Traders Hub, bonus section.
    • Clients not participating in any other promotion with FXCC.
  • Leverage: Maximum Leverage of Accounts participating in this promotion is 1:200
  • Qualified Deposit: A money operation that adds new funds to Eligible Client’s trading account through means of payment offered by FXCC. Internal transfers, balance adjustments, withdrawal of available balance and re-sending it again, Introducer/Affiliate/Partner rebates or commissions will not be considered new funds .
  • 100% Start-Up Bonus: For the first Qualified Deposit that is made by Eligible Clients in their respective accounts with FXCC during the promotion period Eligible Client will receive 100% Start-Up Bonus within twenty-four (24) working hours after first deposit has been received. (Minimum first deposit is subject to the account type)
  • 50% Funding Bonus: For the subsequent / additional Qualified Deposits of minimum amount $100 US that are made by Eligible Clients in their respective accounts with FXCC during the promotion period Eligible Client will receive 50% Funding Bonus within twenty-four (24) working hours after such subsequent / additional deposit has been received.
  • The Bonus Credit can be used as a trading credit and shall be available on the trading account for 50 calendar days since the date of receiving the Bonus (“eligibility period”). After this date, any remaining Bonus Credit shall be removed from the account.
  • Maximum Amount of all Bonuses: The maximum amount of all Bonuses (including both Start-Up and/or Funding Bonuses) credited by FXCC to any particular Eligible Client at any time cannot exceed a total of $10,000 US (or equivalent).
    Example
    Scenario A

    Client ‘A’ 1st deposit $1,000 ▶ Client ‘A’ will receive credit $1,000 (i.e. 100%) as Start-Up Bonus;

    This bonus will reflect on Client’s account as follows:

    Balance Equity Credit (Available Bonus) Available (Free) Margin
    $1,000 $2,000 $1,000 $2,000

    Then, Client ‘A’ made a 2nd deposit $3,000 ▶ Client ‘A’ will receive credit $1,500 (i.e. 50%) as Funding Bonus

    This bonus will reflect on Client’s account as follows:

    Balance Equity Credit (Available Bonus) Available (Free) Margin
    $4,000 $6,500 $2,500 $6,500
    Scenario B

    Client ‘B’ 1st deposit $15,000 ▶ Client ‘B’ will receive credit $10,000 as Start-Up Bonus.

    This bonus will reflect on Client’s account as follows:

    Balance Equity Credit (Available Bonus) Available (Free) Margin
    $15,000 $25,000 $10,000 $25,000

    Then, Client ‘B’ made a 2nd deposit $5,000 ▶ Client ‘B’ will not receive additional bonuses.

    This bonus will reflect on Client’s account as follows:

    Balance Equity Credit (Available Bonus) Available (Free) Margin
    $20,000 $30,000 $10,000 $30,000

    Max Total Bonus amount cannot exceed $10,000

  • FXCC reserves the right to decline any Bonus request at its sole discretion, without the need to provide any justification or explaining the reasons for such a decline.
  • Bonus shall be added to the Eligible Client’s trading account as credit, The Bonus is intended for trading purposes only and it cannot be lost. Any profit made by investing the credited bonus may be withdrawn from the account without any delays.
  • Withdrawal of funds from Eligible Client’s trading account is allowed in part or in full and this will cause the Bonus Credit amount to be reduced in proportion accordingly.
    Example

    Client ‘C’ has the following balance available in his account:

    Balance Equity Credit (Available Bonus) Available (Free) Margin
    $7,000 $14,000 $7,000 $14,000
    Scenario A

    Client ‘C’ has requested $2,000 withdrawal ▶ Received bonus will be reduced by $2,000.

    This will reflect on the Client’s account as follows:

    Balance Equity Credit (Available Bonus) Available (Free) Margin
    $5,000 $10,000 $5,000 $10,000
    Scenario B

    Client ‘C’ has requested to withdraw the full amount ($7,000) ▶ Received bonus will be entirely removed.

    This will reflect on the Client’s account as follows:

    Balance Equity Credit (Available Bonus) Available (Free) Margin
    $0 $0 $0 $0
  • Cashback: Bonus Credits will be partially settled and converted into withdrawable Balance instantly after closing each trade regardless of the amount as per next paragraph.
  • The execution of 1 standard lot round turn shall transfer an amount of $1.0 (or equivalent) from Bonus Credit to withdrawable Balance.
    Example

    Client ‘D’ has the following balance available in his trading account:

    Balance Equity Credit (Available Bonus) Available (Free) Margin
    $1,000 $2,000 $1,000 $2,000

    Client ‘D’ traded a complete transaction of 1 standard lot EURUSD (i.e. opened and closed the order), with a profit of a $100 ▶ This added the following extra two entries into the account history:

    • Credit Out -$1.0 (i.e. the bonus amount is deducted from Credit)
    • Bonus Deposit $1.0 (i.e. the bonus amount is converted into real money and added to the account balance).

    And was reflected on the account balance as follows:

    Balance Equity Credit (Available Bonus) Available (Free) Margin
    $1,101 $2,100 $999 $2,100
  • During the eligibility period if the Eligible Client’s account balance (including the floating profits and losses) reaches a level equal or below 30% of the available Bonus Credit (in other words: account’s equity reaches a level equal or below 130% of the available Bonus credit), the available Bonus Credit amount shall be automatically removed (credit out), stored in a separate “Saving Account” and it will be used to reward the aforementioned Eligible Client for any further trades executed with the remaining balance of that account as per paragraph 10 until the end of the eligibility period.
    Example

    Client ‘D’ has the following balance available in his trading account:

    Balance Equity Credit (Available Bonus) Available (Free) Margin
    $1,000 $2,000 $1,000 $2,000

    - 30% of the available Bonus (credit) = $300

    Assuming Client ‘D’ has an open trade of 1 lot EURUSD with a current total floating loss of $700, this means ▶ Balance + Floating profit/loss = $1,000 - $700 = $300

    In this case, the bonus will be automatically removed and it will reflect on the account as follows:

    Balance Equity Credit (Available Bonus) Available (Free) Margin
    $1,000 $300 $0 No Free Margin

    For current and future trades during the eligibility period, the Client shall receive a deposit of $1.0 per lot that will be deducted from the saving account.

    IMPORTANT NOTICE:

    - Due to volatile market conditions that may persist, it may not always be possible to remove the Bonus (credit) at exactly 30%.

    - The normal margin call levels will remain in effect at all times regardless if the credit is still in the customer's account or not.

  • FXCC shall not be liable for any margin call or losses that the Client may suffer, including but not limited to losses due to Stop-out Level, if the Bonus is withdrawn for any reason pursuant to the Terms and Conditions set out herein.
  • FXCC reserves the right, at its sole discretion, to disqualify any individual that breaches the Offer Terms and/or any of FXCC Terms and Policies.
  • Any indication of manipulation or other forms of deceitful or fraudulent activity in any Client trading account or otherwise related or connected to a Bonus Credit will nullify all of that Client Bonuses.
  • Any dispute, misinterpretation of the above applicable Terms and Conditions or situation arise and not covered by this Offer Terms and Conditions, such disputes or misinterpretation will be resolved by FXCC in the 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.
  • FXCC reserves the right, as it in its sole discretion deems fit, to alter, amend, suspend, cancel or terminate the Offer, or any aspect of the Offer, at any time by giving you notice by internal mail via our Online Trading System, or by email or by placing a notice on our Website. We will endeavour to provide you with at least three (3) Business Days notice of such amendments unless it is otherwise impractical for us to do so.
  • The Client shall be treated as accepting the change unless the Client informs the Company that the Client does not accept the changes and wishes to cancel the offer. The Client shall not have to pay any charges as a result of terminating in this case, other than costs due and payable for Services offered until then.
  • Under no circumstances shall FXCC be liable for any consequences of any alteration, amendment, suspension, cancelation or termination of the Promotion.

(version 2.00 – 03/08/2017)

FXCC brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience.

DISCLAIMER: All services and products accessible through the site www.fxcc.com are provided by Central Clearing Ltd a Company registered in Mwali Island with Company number HA00424753.

LEGAL: Central Clearing Ltd (KM) is authorized and regulated by the Mwali International Services Authorities (MISA) under International Brokerage and Clearing House License no. BFX2024085. The Company's registered address is Bonovo Road – Fomboni, Island of Mohéli – Comoros Union.

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