ITRADER - <span>INVEST IN YOUR FUTURE</span>

Risk Warning: Trading FX/CFDs involves substantial risks. Losses may exceed invested capital.

ITRADER - INVEST IN YOUR FUTURE
EURUSD1.05623:59 09.12.16
GBPUSD1.25823:59 09.12.16
EURCHF1.07423:59 09.12.16
USDJPY115.35823:59 09.12.16
AUDUSD0.74523:59 09.12.16
USDCAD1.31823:59 09.12.16
APPLE113.84522:59 09.12.16
GOLD1159.84023:58 09.12.16
EURUSD1.05623:59 09.12.16
GBPUSD1.25823:59 09.12.16
EURCHF1.07423:59 09.12.16
USDJPY115.35823:59 09.12.16
AUDUSD0.74523:59 09.12.16
USDCAD1.31823:59 09.12.16
APPLE113.84522:59 09.12.16
GOLD1159.84023:58 09.12.16

Prices are indicative

Bonus - Terms and Conditions


1. These Bonus Terms and Conditions (the “Agreement”) apply by and between:
(a) Hoch Capital Limited (which owns and operates under the brand name - “ITRADER”, a Company duly registered as a Cyprus Investment Firm by the Cyprus Securities and Exchange Commission (CySEC) with CIF License Number 198/13 and having its registered address at 5 Christaki Kranou Street, Office 201, 2nd Floor 4047 Germasoya, Limassol, Cyprus (hereinafter “ITRADER” or “the Company”) and
(b) Every individual who registers with the Company and holds an active trading account (only to who have passed the ‘suitability test’) and who accepts an offer from the Company to participate in any of its Bonus Programs (hereinafter “the Client”, “You” or “Trader”).


2. Any references in this agreement to trader/s and/or client/s are regarded to the trader/s and/or client/s of ITRADER.

3. You are not required to accept any Bonuses offered by the Company since all Bonuses are optional. By accepting the bonus terms, you are bound by its guidelines and provisions for the duration that your existing bonus is active. Prior to accepting any Bonus offers, you will have the opportunity to consider the terms & conditions associated with each Bonus scheme and provide your consent. The Company may not directly offer such trading benefits to all Clients. If you are interested in receiving a trading bonus, you should carefully consider the Terms and Conditions below prior to requesting or accepting a bonus from the Company. 

4. The decision whether to offer a bonus to a prospective/potential client who has been assessed by the Company as eligible for the granting of bonus is clearly and indisputably at ITRADER absolute and unreserved discretion. The Company will, as part of its fiduciary responsibilities, take into consideration any information you present to the Company during the application process, which includes, but is not limited to, your financial situation and your trading experience. Eligible for the granting of bonus will be the clients who have been assessed as appropriate to trade following the completion of the account opening procedure.

5. Any bonuses, promotions and benefits that are provided by ITRADER.com or any trading account are held under the Company’s Terms and Conditions. Clients are expected to utilize ITRADER bonus in a rightful and justified manner, according to the terms and provisions of this agreement. Should ITRADER under any circumstance suspect any wrongdoing or deception, ITRADER reserves the right to cancel bonuses, promotions or benefits that have been provided or are supposed to be provided to the specified trading account. ITRADER reserves the right to close the client’s account if it suspects any form of abuse or refrainment of the bonus by the client. Should this be the case, the Company’s decisions shall be final.

6. Eligibility to receive Trading Benefits may be restricted to one per household, account, device or computer

7. ITRADER offers the following trading benefit/bonus:

Gifts: The Company may offer gifts to new and/or existing Traders from time to time. Such gifts shall not be in the form of cash bonus. The Company shall make publicly available on its website and/or electronically and/or promote through its advertising campaigns, the characteristics of the promotions to be run each time and the minimum requirements. The Company reserves the right, as it in its sole discretion deems fit, to alter, amend, suspend, cancel or terminate the promotions, or any aspect of the promotions at any time. Within 3 days after the end of each promotion, the eligible winners will be notified by e-mail and/or telephone and/or Company's website- to the email/telephone they have specified during registration- accordingly. Gifts shall be awarded at the Company’s discretion.

Conditions:

  1. New and/or existing Traders requirements: Each promotion may be addressed to new or existing Traders only or both.
  2. Minimum Deposit Requirement: Each promotion may require a minimum deposit to be made by the Trader during the promotional period for which the offer shall be valid in order for him/her to be eligible for the gift.
  3. Minimum Trading Volume Requirements: Each promotion may require a minimum trading volume to be achieved during the promotional period for which the offer shall be valid in order for him/her to be eligible for the gift. The Minimum Trading Volume Requirement refers to the minimum sum of the individual transactions that the Trader must enter in order to be eligible to receive the gift. For example, if a Trader agrees to receive a gift at the value of one thousand ($1,000) with a multiplier of 10'000 EURx, the Minimum Trading Volume Requirements will be 10'000'000 $. The Trading Volume is the aggregated sum of the invested amount.

Withdrawal Requests: If a trader did not accomplish the minimum trading volume requested– the value of the gift will be deducted from the trading account.

For example:
Deposit – 5000$
Gift = IPhone 6
Gift (USD) value : 800$
Minimal Volume requirement: 800$ X 10,000

Example 1:

Date/Period

Transaction Type

Amount

Total Cash Balance of the Account (available for withdrawal)

1 September

Deposit

$5,000

$5,000

2 September

Gift

$800

$5,000

3 September

Order - Profitable

$500

$5,500                 

4 September

Withdrawal request (didn’t completed volume trading required)

$5,500

$4,700


Example 2: 

Date/Period

Transaction Type

Amount

Total Cash Balance of the Account (available for withdrawal)

1 September

Deposit

$5,000

$5,000

2 September

Gift

$800

$5,000

3 September

Order – Loss

$500

$4,500

4 September

Withdrawal request (didn’t completed volume trading required)

$4,500

$3,700 (gift value deducted)


"Cash" Bonus: ITRADER may credit your account, subject to your consent with a "cash" bonus representing a certain percentage of each deposit you make. The Cash Bonus is determined solely by the company and on its on absolute discretion. The "cash" bonus will be available for use by you for the purpose of trading activities upon deposit in your trading account. However, in order to be eligible to withdraw your "Cash" Bonus you must execute a minimum trading volume of 10,000 (ten thousand) base instruments for every $1 (one US Dollar) or equivalent of the "Cash" Bonus from the date on which the "Cash" Bonus was deposited in your trading account .

Withdrawal Requests While "cash" Bonus is Active:

A. For example, if you receive a bonus of $100 (one hundred US Dollars), you will need to have a minimum trading volume of $1,000,000 (one million US Dollars) within the Bonus Period in order to be able to withdraw your Cash Bonus. A Cash Bonus which has been “earned” by meeting the minimum trading volume during the Bonus Period is fully available for use in trading and it may be withdrawn. Many Clients reach their trading volume within the first couple of weeks of trading but no guarantee can be provided as to the time it takes for such trading volume to be reached, if at all. If the minimum trading volume is not achieved, then the Cash Bonus in relation thereto shall be cancelled.
Please note that Clients shall be eligible to participate in the "Cash" Bonus provided that the conditions herein have been satisfied in full.
Further to the above, please note that the profits/losses generated using your funds and using a trading benefit will not be distinguished and therefore all profits/losses generated using both (your funds/deposits and trading benefit) will be allocated to you (see Examples below).


B. The Company does not wish to restrict your account during the period in which you have not met trading volume requirements related to your bonus. Please note therefore that if you request a withdrawal during this period, the available bonus amount will be forfeited and deducted from your account and thus it shall not be available for withdrawal. You will then be able to freely withdraw the remaining balance of your account. Please note that the Company shall not accept / process with any withdrawal requests until all Open Positions are closed. Thus, you must ensure that all Open Positions are closed/settled prior to submitting your withdrawal request.

C. Bonuses made available to you on the Site are not valid in conjunction with any other promotion, offer or bonus.

D. A Client’s agreement to receive a bonus and its subsequent deposit into his or her account on the Site shall bind such Client to the terms and conditions of this Agreement. After the bonus is deposited into a Client’s account on the Site, it cannot be retracted and/or removed from such account under any circumstances whatsoever other than withdrawal.

E. in case of any disputes regarding the bonus or any aspect of the same, the final decision shall lie exclusively with the Company and any ruling made by the Company in relation thereto shall be considered binding on the Client.

F. The Company reserves the right, at any time, to alter this Agreement and/or cancel, modify or suspend a bonus if, in its sole discretion, it is not capable of being conducted as specified. In such case, the Company will inform appropriately and in advance the Clients to whom a trading benefit has been granted. An option to either continue using the trading benefit or to cancel it without any cost will be given by the Company and without to be considered that the trading benefit conditions are not fulfilled.

G. This Agreement and any matters relating hereto shall be governed by and construed in accordance with the laws of the Republic of Cyprus and shall be subject to the exclusive jurisdiction of the courts of the Republic of Cyprus.

H. General Description of the Bonus Method:
Definitions:
Balance – Amount of Cash funds in the Trading Account (excluding open trades)
Credit – Total funds granted to client as bonus
Open P/L – Profit or loss at a given moment related to open positions
Equity – Balance + Credited + Open P/L
Free Margin – Amount of funds available for trader to trade or hold open positions
Profit – Final result of trade after the position closes (may be a negative in the case of a LOSS)
Withdrawal Amount – Balance + Open P/L

Example 1:

Date/Period

Transaction Type

Amount

Total Value of Account (available for trading)

Total Cash Balance of the Account (available for withdrawal)

1 September

Deposit

$1,000

$1,000

$1,000

2 September

Bonus

$250

$1,250

$1,000

3 September

Order - Profitable

$500

$1750

$1500                 

4 September

Withdrawal request

$1500

$0*

0

*Assuming that the required trading volume for withdrawing the bonus granted has not been reached

if you deposit $1,000 (one thousand US Dollars) and the Company grants you a bonus of $250 and you make a profit of another $500, then you will be able to withdraw the total amount of your initial deposit (i.e. $1,000) plus all the profits made (i.e. $500) irrespective if you have reached the specific trading volume or not. The Company will cancel the Bonus at the time of the Withdrawal request.


Example 2: 

Date/Period

Transaction Type

Amount

Total Value of Account (available for trading)

Total Cash Balance of the Account (available for withdrawal)

1 September

Deposit

$1,000

$1,000

$1,000

2 September

Bonus

$400

$1,400

$1,000

3 September

Order – Loss making

$500

$900

$500

4 September

Withdrawal request

$500

$0

$0

*Assuming that the required trading volume for withdrawing the bonus granted has not been reached.

For example, if you deposit $1,000 (one thousand US Dollars) and the Company grants you a bonus of $400 and you make a loss of $500, then you will be able to withdraw the cash balance of your account, $500 ($900-$400). The Company will cancel the Bonus at the time of the Withdrawal request.

Example 3: 

Date/Period

Transaction Type

Amount

Total Value of Account (available for trading)

Total Cash Balance of the Account (available for withdrawal)

1 September

Deposit

$2,000

$2,000

$2,000

2 September

Bonus

$500

$2,500

$2,000

3 September

Order – Loss making

$2,200

$300

0

*Assuming that the required trading volume for withdrawing the bonus granted has not been reached: For example, if you deposit $2000, and the Company grants you a bonus of $500 and you make a loss of $2,200, then you will not be able to withdraw any cash balance (since the trading volume requirement hasn't been fulfilled) .

Only the bonus granted shall be restricted and shall be available for withdrawal when you reach the pre-specified minimum trading volume requirement of the corresponding bonus scheme.
 
Risk warning: Trading Forex and CFDs entails substantial risk of loss and it is possible to lose all your invested capital.
These products may not be suitable for everyone and you should ensure that you understand the risks involved.