Terms & Conditions of the Partner Bonus

1. The Partner Bonus is a balance bonus linked to the specified partner. Clients under exact Partner are allowed to participate in his/her bonus campaigns.
2. Bonus duration and max profit available for withdrawal depends on the campaign terms & conditions. All terms are represented in the Bonus progress bar widget in Trader’s Room dashboard.
3. Profit will be unblocked for withdrawal once required terms are met.

More details are below.

1.1. The Partner bonus is held by MTrading (ServiceComsvg LLC, hereinafter Company).

1.2. The Partner Bonus Terms and Conditions is an integral part of the MTrading (ServiceComsvg LLC) Business Terms and Policies and provisions set herein are considered as an annex of all MTrading (ServiceComsvg LLC) Business Terms and Policies.

1.3. MTrading reserves the right to change the terms of the promotion.

1.4. The Partner Bonus is available in the USD currency.

2.1. The Partner Bonus is a special bonus for MTrading clients, which is given on an individual basis at the discretion of the Company.

2.2. The Partner Bonus is only for the clients from non-restricted countries, who are interested in opening a live M.Premium trading account with MTrading (ServiceComsvg LLC).

2.3. Only verified users can participate in the promotion. For verification, a user should verify his/her mobile phone number, e-mail and upload the identification document inside the Trader’s Room. The Company reserves the right to require additional documents for identification.

2.4. Only one bonus available for the client simultaneously.

2.5. The employees of the Company and their family members cannot participate in the promotion.

2.6. The Partner Bonus can be used for trading only. Withdrawals and internal transfers of the Partner Bonus to other accounts of the Partner are not allowed.

2.7. Clients agree that information provided during the registration process may be used by MTrading both within the context of the Partner Bonus promotion and for any other marketing purposes.

3.1. The Client receives a trading account number automatically after having registered successfully and applied for the bonus.

3.2. Only realized profits earned from trading with the Partner Bonus funds are eligible for withdrawal. The Partner Bonus itself is not withdrawable. It is deducted from the account after all the required conditions are met and profit of the Bonus is automatically transferred to the Client wallet.

3.3. To be eligible to withdraw profits earned from the Partner Bonus, all open trading positions must be closed before bonus expiration date. This includes any positions opened with the Partner Bonus funds. Any remaining open positions after the expiration date will be closed by the Company. All profits and losses, occurred due to remaining positions closure, does belong to Company.

3.4. MTrading reserves the right to reject a bonus request or block the account with the Partner Bonus, if there is a partial or complete match of IP address or other signs of belonging to the same person.

3.5. The Partner Bonus can be used for the period set by the terms & conditions of the specific campaign. After the period is over, the Partner Bonus gets deducted from the account.

3.6. All profits earned with the aid of the Partner Bonus are deemed to be null and void, if the account holder has provided incorrect, false or misleading information during the registration process.

3.7. Hedging trading positions internally (using other trading accounts held with MTrading) or externally (using other trading accounts held with other brokers) and thus avoiding market risk, is considered to be an abuse.

3.8. Using the failures in the quote flow for getting guaranteed profit or any other form of fraudulent activities are considered to be an abuse.

3.9. No partners’ commissions are paid for trading with the Partner Bonus.

3.10. Any disputes or likely misunderstandings that may occur as a result of the Campaign terms will be resolved by the MTrading Management in a way that presents the fairest solution to all parties involved. Once such a decision has been made, it shall be regarded as final and/or binding for all parties.

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.

“Company” – ServiceComsvg LLC registered at PO Box 2897, Euro House, Richmond Hill Road, Kingstown, Saint Vincent And The Grenadines, VC0100.

“Participant” – An user who applied for the bonus.

“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:

1. The trade remained open at least 3 minutes 00 seconds;
2. The profit or loss in this trade is more than 3 pips, where:-for Forex instruments quoted to the 5th digit following the decimal point (e.g. GBPUSD – 1.32451), 1 pip is equal to a price increment of 0.00010;- for Forex instruments quoted to the 3rd digit following the decimal point (e.g. USDJPY – 101.522), 1 pip is equal to a price increment of 0.010;- for spot metals 1 pip is equal to a price increment of 0.01;- for indices 1 pip is equal to a price increment of 1.0, which is also called an Index Point;- for other instruments 1 pip is equal to Tick Size, as provided in the Contract Specifications on MTrading website
3. The trade was not hedged, meaning that is has to conform with ALL of the points below to be considered a hedged trade:- the reversal position was opened within 15 minutes after opening the initial position;- the volume variance between the initial and reversal position does not exceed 20%;- the reversal position is closed within 15 minutes before or after the closing of the initial position.