4X REPLAY Bonus Terms and Conditions

Introduction

The following Terms and Conditions shall be considered an inseparable part of the Client Agreement between Global Derivative Capital Markets NZ Limited referred to as “GDMFX” and “The Company” and all Customers that have requested and have subsequently been granted a 4X Replay Bonus, referred hereinafter as the “Bonus” or "4X Replay".

These Terms are binding and all Customers are advised to read through them carefully and to seek independent advice where necessary.

GDMFX does not recommend this Bonus to Customers who lack the experience or knowledge needed in order to use its properties to their advantage.

Eligibility:

  • The 4x REPLAY can be awarded for each of the first four eligible deposits made by an existing Customer of GDMFX during the promotion period. Each time the Bonus is granted its size would be determined by the deposited amount in the following way:
     

    • 100% of the 1st Eligible Deposit

    • 50% of the 2nd Eligible Deposit

    • 30% of the 3rd Eligible Deposit

    • 20% of the 4th Eligible Deposit
       

  • The 4x REPLAY can not be used in combination with any other ongoing promotions.

  • The 4x REPLAY can not be awarded for Initial Deposits below $1000.

  • The 4x REPLAY must be requested by the Client via e-mail to the client's Account Manager on the date when the deposit was made. Bonus requests made after the that period will not be approved.

  • GDMFX reserves the right to decline a Bonus request at its sole discretion and without providing any explanation to the client.

Bonus Characteristics:

  • The 4x REPLAY is added as Credit to the Client's Trading Account.

  • Withdrawal of profits shall be allowed, as long as the balance in the trading account remains above the initial deposit, based on which the Bonus was granted.

  • The 4x REPLAY can be converted to Balance upon request, but only after its Initial Trading Requirement has been fulfilled. Partial conversions will not be allowed.

  • The 4x REPLAY can not be withdrawn before it is converted to Balance.

  • The 4x REPLAY Can not be converted to Balance after it has been removed / revoked from the Trading Account.

  • The Initial Trading Requirement of your 4X REPLAY is calculated in the following way: [Amount of the Credit Bonus] / 3 = [Required Lots you have to trade before requesting conversion].

  • Only positions which have been opened and subsequently closed after more than 3 minutes have passed will be added towards the Total Traded Volume considered for your Initial Trading Requirement

  • The Credit Bonus can not be used for Binary Options Trading.

  • The Total Amount of The 4x REPLAY bonuses awarded can not exceed USD 30,000.00 or its equivalent in another currency.

  • The leverage of the trading account where a 4X Replay bonus has been granted, shall be set to 1:200

  • The Client can request a 4X REPLAY to be converted to Balance once the Initial Trading Requirement has been fulfilled by sending an e-mail to customersupport@gdmfx.com

Bonus Removal:

GDMFX reserves the right to remove part of, or the full 4x REPLAY Bonus without prior notice in the following cases:
 

  • If the Balance of the Trading Account falls below the amount of the initial deposit as a result of a withdrawal request, or an internal transfer request, The 4x REPLAY will be revoked or reduced accordingly. The Client is specifically warned that there might be a technical delay between the execution of a withdrawal / internal transfer request and the removal/adjustment of The 4x REPLAY. The Client shall not be authorized to use the Credit Bonus in this period. GDMFX reserves the right to decline and/or void any transactions placed in the period between the withdrawal / internal transfer request and the removal/adjustment of The 4x REPLAY, as those orders shall be considered to be using a Credit Bonus without authorization.

  • If the Equity of your Trading Account falls to an amount equal to your 4X REPLAY.

  • If the Bonus has not been converted to Balance within 12 months since the date it was credited to the Trading Account.

  • If GDMFX suspects the client is engaged in unethical or questionable trading methods.

  • GDMFX will not be liable for any losses caused by 4X REPLAY removal / revocation, or adjustment.


The Client has the right to request The 4x REPLAY to be removed / Cancelled at any time by sending a request to customersupport@gdmfx.com The Client is specifically warned that the Removal of any or all of The 4x REPLAY will have a negative effect on the Client's Margin Level and Open Positions and as a result the Trading Account might reach a Margin Call and /or Stop-Out level.