Loyalty Bonus – Full Terms & Conditions
TERMS AND CONDITIONS – 2011 LOYALTY CREDIT BONUS PROMOTION
A. Introduction
1. Subject to the Terms and Conditions set forth hereinafter (the “Offer Terms”) and Trading Point’s General Terms and Conditions of Business, Clients that meet the criteria set forth hereinafter (“Eligible Clients”) will be eligible for a LOYALTY CREDIT BONUS equal to 10% of all subsequent deposits (other than such Eligible Client’s first deposit in his or her live Micro, Standard or Executive Account with Trading Point) that are made by the Eligible Client in his or her live Micro, Standard or Executive Account(s) with Trading Point from the 21st of March 2011 onwards (the “Loyalty Credit Bonus”).
B. Offer Terms
2. The Offer Terms set forth hereinafter form the basis of the “2011 Loyalty Credit bonus” promotional offer, whereby Eligible Clients of Trading Point of Financial Instruments Ltd. (“Trading Point”) may be rewarded with a loyalty credit bonus to their live Micro, Standard and Executive Accounts (the “Offer”) when trading CFD’s on these accounts, subject to these Offer Terms (the “Loyalty Credit Bonus”).
3. Taking part in this Offer constitutes acceptance of these Offer Terms. Trading Point of Financial Instruments Ltd. is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under License Number 120/10 and is registered with the Financial Services Authority in the United Kingdom (FSA) under Number 538324, and reserves the right to alter, amend or terminate this Offer, or any aspect of it, at any time and without prior notice. Trading Point reserves the right to make changes to these Offer Terms and will notify you of these changes by posting the modified Offer Terms on the Website. Trading Point recommends that you revisit these Offer Terms regularly. Please not that by your continued use of the Trading Point Website and the services offered by Trading Point you accept any such modified Offer Terms.
4. Trading Point reserves the right, at its sole discretion, to disqualify any individual that tampers or attempts to tamper with the operation of the Offer, or breaches the Offer Terms and/or any of Trading Point’s Terms and Conditions of Business.
5. Any dispute or situation not covered by these Offer Terms will be resolved by the Trading Point management 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.
6. If any of these Offer Terms were to be translated into a language other than English, then the English version of these Offer Terms shall prevail where there is an inconsistency.
C. Conditions of Eligibility
7. Subject to, and without prejudice to, all other Terms and Conditions of Business, the Offer is available to Trading Point Clients who have satisfied the Eligibility Criteria for the Offer (“Eligible Client”) as set out in the Sections following hereinafter.
8. The Eligibility Criteria for the Offer are:
a. that it shall only apply to Trading Point Clients that have one or more live Micro, Standard or Executive Accounts with Trading Point (this includes existing live Micro, Standard and Executive Account holders and new Customers that open a live Micro, Standard or Executive Account with Trading Point);
b. that the Client must elect to opt-in to take part in the Offer by expressly confirming his or her decision on the Offer landing page that is posted on the Trading Point Website and Trading Point reserves a right to decline a Client’s Loyalty Credit Bonus application at its sole discretion. Without the need to provide any justification or explaining the reasons.
c. that, in addition to the first deposit, the Client makes a new, additional deposit into his or her live Micro, Standard or Executive Account(s) with Trading Point after opting-in to the Offer;
D. The Offer
9. Subject to all other Terms and Conditions of Business, any Loyalty Credit Bonuses due to an Eligible Client will be equivalent to 10% of all subsequent deposits (other than the Eligible Client’s first deposit in his or her live Micro, Standard or Executive Account with Trading Point) that are made by the Eligible Client in his or her live Micro, Standard or Executive Account(s) with Trading Point from the 21stth of March 2011 onwards.
10. The maximum of all Loyalty Credit Bonuses awarded to any particular Eligible Client cannot exceed a total of USD 1,000.00 (or currency equivalent) aggregated over all of an Eligible Client’s live Micro, Standard or Executive Accounts with Trading Point.
11. Loyalty Credit Bonuses will be credited to Eligible Clients’ live Micro, Standard or Executive Account(s) with Trading Point, in each instance, within twenty-four (24) working hours after a subsequent deposit (other than the Eligible Client’s first deposit in his or her live Micro, Standard or Executive Account with Trading Point) is made by an Eligible Client in his or her live Micro, Standard or Executive Account(s) with Trading Point.
12. Loyalty Credit Bonuses may be used for trading purposes only and cannot be withdrawn. Profits from trading on live Micro, Standard or Executive Account(s) with Trading Point can, however, be withdrawn anytime.
13. Clients may make as many deposits as they wish into as many of their live Micro, Standard or Executive Accounts in order to qualify as an Eligible Client.
14. Any withdrawal of funds from an Eligible Clients’ live Micro, Standard or Executive Account(s) with Trading Point will immediately nullify all previously awarded Loyalty Credit Bonus(es) and will cause all previously awarded Loyalty Credit Bonus(es) to be withdrawn from the respective Eligible Client’s live Micro, Standard or Executive Account with Trading Point.
15. In the event that the amount of an Eligible Client’s own funds in his live Micro, Standard or Executive Account(s) with Trading Point, becomes zero or less, all previously awarded Loyalty Credit Bonus(es) will be cancelled and will be withdrawn from the respective Eligible Client’s live Micro, Standard or Executive Account with Trading Point.
16. Internal funds transferred between trading Accounts with Trading Point are not considered as a new deposit and, therefore, do not qualify for the awarding of a Loyalty Credit Bonus.
17. Loyalty Credit Bonuses cannot be transferred between, or from Eligible Clients’ trading Accounts with Trading Point.
18. Any indication of fraud, manipulation, cash-back arbitrage, or other forms of deceitful or fraudulent activity in an Eligible Client’s live Micro, Standard or Executive Account with Trading Point or otherwise related or connected to a Loyalty Credit Bonus will nullify all of the Eligible Client’s live Micro, Standard or Executive Accounts with Trading Point and any and all transactions carried and/or profits or losses garnered therein.
19. No partner’s commissions are paid for trading Loyalty Credit bonus funds.
20. This Offer will remain in effect for as long as Trading Point deems fit to provide it, based on the Offer Terms outlined herein. Trading Point reserves the right to modify or cancel this Offer at its sole discretion at any time.
E. Risk Warning
21. It is important the Eligible Clients are aware that their risks are not limited to their deposit(s) and that by making a qualifying trade it is possible to lose more than the deposit. In some circumstances, losses may be considerably more than any initial or minimum deposit.
F. Date
22. These Terms and Conditions are dated March 21st, 2011 and will enter into effect with respect to all subsequent deposits that are made by Eligible Client in their respective live Micro, Standard or Executive Account(s) with Trading Point (other than the first deposits made by Eligible Clients in their respective live Micro, Standard or Executive Account with Trading Point), from the 21st of March 2011 onwards.
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