Bonus Terms & Conditions
- *Globexultra withdrawable Bonus offer, subject to the terms and conditions contained in this document.
- *By opening a trading account with Globexultra the Client acknowledges that they have read and agreed to be bound by this withdrawable bonus offer Terms and Conditions as well as by the Globexultra Terms and Conditions.
- *To be eligible for the withdrawable trading Bonus, the Client must make a minimum deposit of USD 5,000 or more into their trading accounts.
- *The duration of the Credit Bonus will be 60 Days from the day Bonus is credited to the trading account. Any Bonus amount not used within this duration will be automatically removed. If the trading account has multiple Credit bonuses, the duration of each Bonus amount will be according to its Credit date.
- *Internal Transfers are not eligible for withdrawable bonus offers such as; from another Client/IB account. Internal fund transfers between trading accounts are considered as withdrawals, therefore bonus removal will apply if the amount being transferred is from the account that was originally credited.
- *The maximum Leverage available for accounts with withdrawable bonus offers is up to 1:500. This Leverage can be removed or reduced without giving prior notice solely at the discretion of Globexultra.
- *The Client must send a Bonus request email to info@globexultra.com and state his/her full name and trading account number. After approval, the client will receive the Bonus.
- *The client must request his Bonus within 5 business days of their deposit. If a client start trading before his request for a bonus is processed, the client will not be entitled to the Bonus.
- *The eligible client will be entitled to receive a up to 50% Bonus on any deposits (see point 3) up to a maximum of USD 500,000 where the maximum amount limit applies on a per Client basis.
- *The Bonus offer is limited to one account per client, regardless of the number of accounts that the Client holds with Globexultra. The client's trading account will not be credited with the Bonus if that account is already subject to another promotion.
- *The Bonus may be removed in full by Globexultra from the Client's trading account at any time or following a client’s withdrawal request after the Bonus has been credited and immediately prior to the settlement of the withdrawal request.
- *The Bonus will be held for increased trading potential and can be used for trading as well as withdrawn by the Client. Example of withdrawal process: (a) Client's Initial Deposit is USD 5000 (b) Bonus: USD 1500 (30% of initial deposit) (c) Starting Equity: USD 5000 + USD 1500 (Deposit + Bonus) = USD 6500 (d) Client made a Profit of USD 500 (e) Total Equity: USD 7000 (f) Eligible Withdrawal Amount: USD 7000 (if 150 Standard Lots are traded). If minimum trading requirements are not met, the Client can still withdraw his profit.
- *The Bonus will be credited into the eligible Client's account, as a notional sum, after all requirements set out in these terms and conditions are met. The Bonus will not be recorded or construed as a liability of Globexultra towards the clients and maybe unilaterally, retroactively, and unconditionally be withheld and subtracted from the client's accounts at any time at the discretion of Globexultra.
- *Globexultra is offering this withdrawable bonus to its clients on the condition that the client complies with the terms and conditions at all times, acts in good faith to this offer, should not abuse this offer by establishing a trading position or positions which have the sole purpose or effect of extracting the credit provided, or the profits generated by the Bonus. The client hedging his positions including, without limitations, holding open positions or positions on one side direction at given periods internally (using other trading accounts with Globexultra) or externally (trading accounts held with other brokers).
- *While using withdrawable trading bonus it’s not permitted to do scalping with less than 10 minutes (open/close).
- *If Globexultra suspects or has reason to believe that a client (whether individually or as a part of a group) has failed to comply with the terms and conditions of this Bonus offer, Globexultra is entitled at its sole discretion to (i) deny, withhold or withdraw from the client the bonus (ii) to block the Client's account (iii) to terminate the Client's access to Globexultra services (iv) to terminate the contract between Globexultra and the Client's account (v) to cancel any profits generated by abusing the terms and conditions.
- *Globexultra has the right to unilaterally modify, change or terminate this offer or any of the terms and conditions of this offer, or any policies it applies in the exercise of its discretion under this offer at any time, without the client's consent.
- *The Client acknowledges that Forex and Contracts for Difference ('CFDs') are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Please ensure you fully understand the risks involved, seeking independent advice, if necessary, prior to entering into such transactions.