Terms of the «Bonus 200» promotion
1. General terms
1.1 The promotion runs from the 1st of May until the 31st of August 2017.
1.2 Grand Capital is the sole organizer of the promotion.
1.3 The organizer has the right to change the terms of the promotion, as well as the list and characteristics of the bonuses offered.
1.4 All promotion participants must carefully read the terms of the promotion and follow them. Ignorance of the promotion terms cannot serve as a valid reason when submitting a claim.
1.5 The organizer has the right to cancel the promotion at any time.
2.1 All clients of Grand Capital can take part in the promotion. That includes those who open a Grand Capital trading account during the term of the promotion.
2.2 Valid phone verification and submitted Identification Documents, as well as the confirmation of the residential address, are mandatory for the participation.
2.3 Types of the trading accounts that can take part in the promotion: Standard, Swap Free, Option.
2.4 The leverage for the trading account that was chosen to participate in the promotion cannot exceed 1:100.
2.5 To receive a bonus, a client must deposit to their trading account during the term of the promotion. The client has the right to claim the bonus after each deposit. The bonus amount may be between 60% and 200% depending on the deposit amount, client’s account type and how long they have been trading with Grand Capital.
2.6 The term of the client’s trading in Grand Capital is calculated as the time difference between the registration of the Private Office and the date the request to claim the bonus is submitted. The deposit amount in USD is calculated according to the internal exchange rate of the Organizer at the moment the request to claim the bonus is submitted.
2.7 The bonus amount is calculated according to the following formula:
Option account +15%
Standard or Swap Free account + 40%
From $100 to $300 + 15%
From $300 to $500 + 25%
From $500 to $1000 + 35 %
From $1000 to $3000 + 45 %
Over $3000 + 60%
The term of trading with Grand Capital
Under 1 year + 30%
1-3 years + 40%
3-5 years + 50%
5-7 years + 70%
Over 7 years + 100%
2.8 The minimum deposit amount required to participate in the promotions is $100.
2.9 The maximum amount of the bonuses received cannot exceed 20 000 $
2.10 Employees of Grand Capital and their relatives cannot participate in the promotion.
2.11 Other Grand Capital promotions cannot be applied to the account participating in the “Individual bonus +200%” promotion.
2.12 If other bonuses/promotions have already been applied to the account that a client wishes to use to participate in the “Individual bonus +200%” promotion, the bonus can be granted only after all other promotions/bonuses had been deactivated. That only can be done after the client’s personal request and provided all the conditions of the promotion are met.
2.13 A bonus coefficient is set for the account participating in the promotion, according to the pp.2.7 (Bonus amount). The bonus coefficient is set at the time of the initial deposit.
2.14 For all consecutive deposits the bonus is granted automatically, in accordance with the account’s Bonus coefficient.
2.15 If the amounts of the consecutive deposits are larger than the initial deposit amount or at the moment of a consecutive deposit the client has reached a new level of the term of trading with the company, then the account’s Bonus coefficient is automatically recalculated upward, according to the pp 2.7 (Bonus amount).
3. Bonus request
3.1 To receive a bonus, a client must create a request in their Private Office or contact a personal manager.
4. Option accounts
4.1 Once the bonus is granted, all funds on the client’s account are divided into two parts: client’s funds (funds on the client’s account before the bonus is granted) and bonus funds (all active bonuses and the profit accumulated by trading the bonus funds). The proportion ratio between these two parts is used for further calculations and is updated after every deposit/withdrawal transaction.
4.2 If a profit is received, the funds are proportionally distributed between the client’s funds and the bonus funds.
4.3 If a loss is sustained, it is proportionally distributed between the client’s funds and the bonus funds.
4.4 Before the required trading volume is met, the client can only withdraw the funds that are not associated with the bonus and a part of the profit that has been received as a result of trading with such funds.
4.5 The funds associated with the bonus and the bonus funds become unblocked and free for withdrawal only after the total trading volume exceeds the total amount of the bonuses received by 40 times.
4.6 The client has the right to cancel the bonus at any time. In this case, the bonus funds and the part of the profit received by trading the bonus funds are deducted from their account. The remaining client’s funds become free for withdrawal.
5 Claiming the bonus
5.1 The request to claim the bonus is reviewed by the client support within 48 hours. The bonus is then granted to the client’s trading account.
5.2 The bonus funds are granted for 3 months only.
5.2.1. The company has the right to deny granting the bonus as well as deduct the bonus funds at any moment without providing reasons for such action.
5.3 The bonus will also be granted for all consequent deposits made before the end of the participation in the promotion. The bonuses will be granted in accordance with the pp 2.7.
5.4 It is forbidden to trade on the account associated with the promotion through an anonymous proxy server. If more than 5 (five) connections to the account from different IP addresses belonging to different regions are detected, the account can be disqualified and the bonus — annulled. If any concerns about the abuse of the promotion or a fraud arise, and/or falsification of the documents provided by the participant of the promotion is detected, the account can be disqualified and the client may be denied service. Insufficient trading activity on the account can also serve as a valid reason for the reconsideration of the result. For example, placement of a single large trade or several trades with a lower volume, that are placed approximately at the same time with similar prices, which is basically a split of a large trade into smaller trades. With an aim to prevent fraud and money laundering, the Company has the right to deduct the bonus funds or deny granting the bonus at any time without any prior notice.
6. Using bonus funds
6.1 The deposit used to claim the bonus cannot be withdrawn until the required trading volume is met or until the client cancels the bonus. Before the required trading volume is met, all funds on the trading account with a bonus present, including the profit, are divided into two parts: the client’s own funds and the company’s funds in accordance with the Personal funds coefficient.
6.2 Personal funds coefficient = Deposit / Deposit + Bonus.
6.3 If any suspicion of fraudulent activity concerning the bonus in a client’s trading strategy arises, the company has the right to correct the results of the trading activities. The part of the trading result, achieved by the involvement of the bonus funds in trading will be annulled.
6.4 Internal transfers, commission payouts, and other non-trading transactions equal deposit/withdrawal transactions.
7 Making the bonus funds withdrawable
7.1 With active trading the bonus funds gradually become the client’s property. For that, a client needs to place trades and for every closed 1 full Lot, a client can claim $3. The trading volume required to make all the bonus funds withdrawable is calculated according to the formula: Bonus amount / $3.
7.2 The withdrawal request is placed in no particular form via email or through the Personal Office upon the end of the bonus term or at the moment of the bonus cancellation.
7.3 The bonus funds cannot be claimed partially.
7.4 The following trading instruments are considered in the calculations: FOREX MAJORS, FOREX EXT 1, FOREX EXT.
7.5 The subject of the request must be: “Individual bonus +200%” – make the bonus withdrawable”, the trading account and the client’s full name.
8.1 All claims may be forwarded to firstname.lastname@example.org.
8.2 All claims must contain a full name, the exact residential address, account number and a thorough description of the problem.