100% BONUS – UFT Group

AGREEMENT ON THE ADOPTION OF 100% BONUS

This agreement is additional to the User Agreement, published in the relevant section of this site. By accepting the terms of the User Agreement, the Client agrees to accept the 100% Bonus of this Agreement.

1. Each Client of the UFT Group Company is entitled to receive the bonus, the maximum amount of which totaled 100% of the amount of the trading account replenishment, or the amount of all funds credited to the client's trading account. This bonus is called UFT Bonus 100% (hereinafter – the 100% Bonus or Bonus).

2. The bonus is available only for trading accounts that have been fully verified. The client agrees that after any withdrawal of funds from the Trading Account, the bonus can be canceled in full, taking into account all the profit gained through it. At the same time, the amount of funds available for withdrawal will be equal to the Client’s own funds balance, taking into account previous withdrawals and closed unprofitable trading operations (if any). Cash withdrawal is regulated by paragraph 11.1, 11.2 of the User Agreement.
The Client agrees with the fact that the profit obtained through the use of bonus funds can be claimed only after the conditions regulated by this Agreement are fulfilled.

3. The 100% bonus can be fully credited to any amount of the deposit or the amount of all deposits of the Client during the time of cooperation with the Company. The bonus is credited in the column "credit" and does not participate in the drawdown.

3.1. The client has the right to refuse to use the Bonus from the Bonus credited to his Trading Account until the opening of the first trading operation of the BUY or SELL type on his trading terminal.

3.2. Opening any trading operation on his trading terminal after crediting to the Bonus Trading Account, the Client automatically recognizes all the rules and regulations for the use of bonus funds.

4. Basic terms of using the Bonus

4.1. The fixed profit from the bonus can be withdrawn after making BUY or SELL transactions in a total volume equal to X * 7 standard-lots for every 100 dollars of the profit, where X = the amount of the fixed profit from the bonus.

For example: Bonus 100% equals $ 1,000, the earned profit equals 20% of the amount of the bonus received ($ 200), $ 200 = X, for a total withdrawal of profit, you must make BUY or SELL transactions with 14 standard lots.: At the same time, the operation will be considered processed if it was being traded at the time of fixing the trade operation not less than:
  • 5 minutes for all CFD contracts;
  • 50 pips for major currency pairs (EUR \ USD, GBP \ USD, USD \ JPY, AUD \ USD, NZD \ USD, USD \ CAD, USD \ CHF), as well as for pairs with a five-digit quotation and for the pair USD \ JPY with three-digit quotes;
  • 100 pips for cross rates (in pairs with a five-digit quotation and in currency pairs with a Japanese yen with a three-digit quotation);
  • 1500 pips for exotic currency pairs (in pairs with a five-digit quotation and currency pairs with a three-digit quotation (in which there is a Japanese yen or a Hungarian forint);
  • 150 pips for currency pairs of type USD \ RUB and EUR \ RUB (four-digit quotation).

4.2. The minimum amount of profit to be withdrawn is $ 50, taking into account transactions of at least 3 standard lots. If there are other types of bonuses on the Trading Account, then these funds are fully processed. To withdraw the bonus funds from the Trading Account, you must send a request to the email address [email protected] when you reach the required number of lots. The withdrawn bonus should be listed on the Trading Account at the time the application for withdrawal is reviewed by the manager. The company reserves the right to reject an application for withdrawal of bonus funds without giving a reason. One can withdraw the full amount of the bonus - there is no possibility of a partial withdrawal of the bonus.

5. The Client agrees that all the profits on the accounts using bonus funds may be temporarily limited to withdrawal until the full fulfillment of clause 4.1. of the present Agreement.

6. The company reserves the right to cancel the bonus without warning; that is why it is not recommended to use the Bonus in calculating the profitability of the trading strategy. The Company is not responsible for the consequences of the cancellation of the Bonus, including Stop Out, since the credited Bonus is the property of the Company until it is processed through opening the required number of lots specified in clause 4.1 of this agreement.

7. The Client agrees that in case of a decrease in the level of the current funds (equity) on the account below the Bonus on the account, i.e. when reaching a point of current losses that exceed the client’s real funds on the trading account, then all funds will be calculated as bonus funds in full if there are no subsequent deposits on the account. In doing so, the profit received after the account replenishment will be regulated in accordance with clause 4.1 of this agreement and clauses 11.1, 11.2. of the User Agreement.

8. The main language of the Agreement is English. In case of any discrepancies between the English version of the Agreement and its translation, the English version is considered a priority.

English