The 200% Deposit Bonus is an unlimited promo campaign allowing traders to increase their deposit amount up to 200%. Bonus percent depends on the country of the client’s residence. Anytime customers deposit funds to their M.Premium accounts, they can apply for the bonus by clicking the “Receive bonus” button inside the Trader’s Room and selecting the percentage that they would like to add to the amount of their deposit: 25%, 50%, 100%, or 200%. To be able to withdraw or use the bonus funds for further trading, the Participant should meet the trading volume requirement within 180 calendar days time frame. The bonus Status Bar presented in the Trader Room helps track the remaining number of lots to trade. If the requirements are not met within the specified timeframe, the bonus will expire. However, a client can claim a new bonus instantly and start working towards meeting the requirements again. Please see the detailed terms below.
The Deposit Bonus percent up to 200% is represented in Malaysia and India only. In other countries the Deposit Bonus percent is represented as 25% and 50%. The Deposit bonus is not available for the clients residing in Indonesia.
Example:
A Participant deposits $100 and chooses 100% Bonus.
The bonus is added to the Participant`s account. The account balance now is $100 Deposit + 100% Deposit Bonus = $200 Required lots to trade:0.25-0.3 lot per USD$100*0.25 = 25 lots
The Participant has 180 calendar days to trade the required number of lots and keep the Bonus. The Participant has applied for the Bonus in September so he/she has the time till March to meet the trading volume requirement.
The number of lots to trade till March is calculated automatically and shown in the Trader`s Room -> Dashboard section.
5. After 180 calendar days from the deposit date, MTrading has the right to remove a client’s eligibility for any active bonuses, provided that the minimum trading volume requirement has not been completed. Clients are required to make good faith efforts to ensure that MTrading is able to withdraw a bonus after 180 calendar days have passed if the minimum trading volume has not been completed.
6. Bonuses will only be credited to the exact same real trading account that was funded.
Example::
a) Default Stop Out conditions:
When a Participant has 1000 USD of own funds in a trading account and an additional 300 USD received as Bonus, the total amount that may be used as margin in the account is 1300 USD. If Participant uses 1200 USD as margin, Default Stop Out will trigger when current account equity decreases below 30% of used margin, i.e. when equity will drop to 360 USD or lower. This remaining amount of 360 USD is greater than the amount received as Bonus, therefore equity did not drop below the amount of Bonus and Default Stop Out procedure will trigger at margin level of 30%.
b) Additional Stop Out conditions:
Following the same parameters as in the example above, but assuming that this time the Participant will use 600 USD for margin requirements. In such a case 30% of this margin requirement will be 180 USD, however as this amount remains below the amount of received Bonus (300 USD) an Additional Stop Out condition will apply whenever total account equity decreases below 300 USD. As a result Stop Out will trigger at a margin level of 50%.
It is clients` sole responsibility prior to offer ending date to maintain sufficient margin level on their accounts so that after removal of the Bonus margin level will still remain sufficient for maintaining open positions.
At all times, ServiceComsvg LLC reserves the right to amend, change or cancel this promotion without any prior notice to current or prospective promotion participants.
“New Client” – An individual or corporation who, at the time of enrolment into this Promotion, does not have any live accounts or earlier registrations in the Trader’s Room at MTrading.
“Company” – ServiceComsvg LLC registered at PO Box 2897, Euro House, Richmond Hill Road, Kingstown, Saint Vincent And The Grenadines, VC0100.
“Existing Client” – An individual or corporation who, at the moment of enrolment into this Promotion, has, or earlier was in possession of, any of the following accounts:
“Participant” – An M.Premium Account user who applied for the bonus through the Trader’s Room or at support@mtrading.com in case wire transfer was used.
“Account funding”, “deposit” – A money operation that adds new money to a client`s real trading account through means of payment offered by MTrading. Internal transfers, balance adjustments, other cash bonus credits, IB/partner rewards or commissions will not be considered an account funding operation.
“Minimum trading volume requirement” – The total volume required to trade before the client is able to withdraw bonus funds received from the Promotion. Trading volume is calculated in lots. Traded volume in lots can be checked by the Participant in the Trader Room by following progress on a special dashboard. Traded volume in lots counted as 1 lot = 100,000 USD Dashboard shows required volume in lots to be traded and current number of lots traded.
“Valid trade for the required total volume calculation” – a full round turn trade that complies with all three of the following criteria: