The Agreement to participate in the Promotion
“Welcome!”
1. Introductory provisions
The present Agreement describing the conditions of participating in the Promotion “Welcome!”
(hereafter the Agreement) is the main regulatory document on the ground of which NewForex
Group represented by its own Departments, Tributary offices and Affiliated partners (hereafter
NewForex Group),holds an Promotion “Welcome!” (hereafter the Promotion) for registered
(having the Profile) Customers. Thus, in the frames of the present Agreement NewForex
Group and the Customer are the parties of the contractual relationship. The agreement itself
should be treated as a public offer addressed to an unlimited number of people (a person and
entity). The acceptance of the present Agreement represented in the form of an offer as well
as the fact of the entry of the present Agreement into legal force as a treaty between the
parties is the fact of passing a full (twostage)
account registration procedure on the corporate
site of NewForex Group by a person (a private individual) or a person representing this or that
company in case of a direct and obvious consent with the conditions of participation in the
Promotion by marking a “Checkbox”
in the corresponding field on the Registration page on
the corporate site of NewForex Group. From this point such a person should be treated as an
Acceptant of the present Agreement and it clearly implies that the Offerer (NewForex Group)
and the Acceptant (the Customer) take all the rights and duties described in the present
document in their full size.
Deciding to participate in the Promotion described in the present Agreement the Customer
consents to the fullest extent with all the conditions of the present Agreement.
The present Agreement has a subitem
position towards the Public documents package from
the juridical point of view. Among other things it means that if for one reason or another there
will be conditions for the termination of the Client Agreement in compliance with one of the
documents of the Public documents package, then the present Agreement must immediately
lose its force.
2. Participation in the Promotion
Only the Customers who have a profile and who passed the following procedures have the
right to participate in the Promotion:
. Confirmation of email.
. Confirmation of identity authentication through uploading a photocopy
(scanned
cope) of the main identification document in the Customer’s country of residence
(passports, ID) or other document of identification (for instance, driving licence).
Furthermore, in order to participate in the Promotion the Customer must give a direct and
clear consent with all the conditions of the present Agreement putting a checkbox
in the
corresponding field on the Registration page on the corporate site of NewForex Group.
The reverse procedure (i.e. the refusal to participate in the Promotion) is also possible for the
Customer and it is described in the corresponding part of the present Agreement.
3. The restrictions on the participation in the Promotion
Profiles registered through NewForex Group partners are disallowed to take part in the
Promotion described in the present Agreement. The present Promotion is intended to be used
only by Customers who registered on an independent basis.
For one profile a nodeposit
bonus can be provided only once (on one trading account).
4. The duration of the Promotion
The Promotion described in the present Agreement is launched on December 4th 2014 at
00:00:01 UTC+0. The company has the right to prolong the duration of the Promotion in its
discretion.
5. The Customer’s Bonus
As a bonus for participation in the Promotion the Customer gets a credit (bonus) on the
personal trading account in an amount equal to $50 (5000 cents). The provided funds perform
a free credit (the payment for the credit (in per cents) is not taken from the Customer). The
provided funds are purpose credits: the funds can be used by the Customer for making
transactions on the personal trading account.
6. Intended Use of credit funds
As it was mentioned in clause 5, the credit funds (bonus) are added as intended time free
credit. The period during which this crediting is fulfilled is described in clause 4 of the present
Agreement. Conditions and the period during which the transfer of the Credit (bonus) is
possible are described in clauses 7 and 8 of the present Agreement. A more detailed
description of granting credit funds (bonus) is described in the present clause.
The key task of granting credit funds to NewForex Group Customer is the maintainance of
wide financial possibilities in the margin trading with financial instruments as well as the
formation of extra margin funds. It is possible to trade only with credit funds.Provided that
transactions only with credit funds shall be disregarded while laying down the conditions of
funds withdrawal from the credit into balance.
Newforex Group offers the Customer additional means for trading with financial instruments to
support the sufficient level of the margin. However, the Customer should take into account
extra risks which might emerge in case of the abusive practice of the simplest rules of capital
management. In order to minimize risks NewForex Group recommends:
. not to use the amount of the margin exceeding 1/10 for one deal of the whole deposit
excluding credit funds (Bonus).
. not to make very aggressive transactions without a sufficient level of preparation.
The mentioned recommendations should be treated as some addition to the Risk Disclosure
included in the Public documents package of NewForex Group. The Customer may follow or
not follow the mentioned recommendations at his/her own discretion provided that the
Customer takes responsibility for all the risks resulting from it.
7. Conditions of transferring the Credit into Balance
Credit funds (bonus) added to the trading account of the Customer who took part in the
Promotion may be transferred from the Credit into Balance. As a result they will be available
for any further financial operations including but not restricted to withdrawal of these funds
into the Customer’s payment details, transferring them into another account and/or further
usage in the trading at the discretion of the Customer. And the profit gained as the result of
trading only with credit funds and replenished on the balance can not be withdrawn into
external accounts until the conditions of the credit transfer into Balance are fulfilled.
The first necessary condition is the deposit of the trading account with the amount equal or
exceeding the amount of Bonus and profit obtained in trading with bonus funds.
Examples:
1. A Client received 5000 USC on the trading account and as a result of trading made
profit in the amount of 3500 USC. Thus, it is necessary to deposit in the amount equal
or exceeding 85 USD.
2. A Client received $50 and as the result of trading had a loss in the amount of 5
dollars. In order to start the procedure of transferring bonus funds into balance it is
enough to make the deposit in the amount of $45 or more.
If the Client deposits the bonus account with the amount less than minimal required to transfer
the credit into balance, the provided credit can be cancelled.
The second necessary and sufficient condition of transferring the credit funds (bonus) into
Balance of the Client’s trading account is to make not less than 50 full (doublesided)
transactions (trades) having in total a certain volume according to the following formula: 0.07
lot for every complete unit of the account currency received as a bonus.
Examples:
1. A Client received on the account 5000 USC and as the result of trading with these
funds a client made the profit in the amount of 4500 USC. Consequently, the total
amount of funds which should be transferred into balance is 9500 USC. According to
the formula of 0.07 lot for every unit of currency we get: 9500 * 0.07 = 665 lots.
2. A Client received on the account 5000 USC and as the result of trading with these
funds a client has a loss in the amount of 1000 USC. Consequently, the total amount
of funds which should be transferred into balance is 4000 USC. According to the
formula of 0.07 lot for every unit of currency we get: 4000 * 0.07 = 280 lots.
Calculating the amount of trades necessary to transfer the Credit (Bonus) into Balance only
the amount of trades made (which are being made) using personal funds of the Customer
without using credit funds (Bonus) are accepted.
8. The period of transferring the Credit into Balance
The Customer can transfer the funds obtained from the Credit (as a Bonus) in the frames of
the Promotion into the Balance of the personal trading account within 7 months from the date
of the first deposit.
9. The technology of extra risk defence (ERD)
As it was said in clause 6 of the present Agreement the usage of credit funds (Bonus) might
carry extra risks. NewForex Group recommends to familiarize yourself with clause 6, but the
tactics and strategy choice of trading with financial instruments is at the discretion of the
Customer. The present clause of the Agreement describes the situation when the risks
increase and NewForex Group is obliged to protect the Customer’s funds.
A special defence mechanism operates on all trading accounts, it was specially developed for
the present Promotion: “Extra Risk Defense ERD.
This defence mechanism is aimed at
minimizing risks if the amount of the margin is very big.
In particular:
. If the total amount of security (margin) of all open positions exceeds or equals the
amount of credit funds (bonus), then Extra Risk Defense forcedly closes all the
positions on the Customer’s trading account when the level of funds equals (or is
lower than) the amount of the Credit (Bonus).
. If the total security (margin) of open posit
ข้อตกลงการเข้าร่วมในโปรโมชั่น "ยินดีต้อนรับ" 1. เกริ่นนำบทบัญญัติ ข้อตกลงปัจจุบันอธิบายเงื่อนไขของการเข้าร่วมในโปรโมชั่น "ยินดีต้อนรับ" (ปรโลกข้อตกลง) เป็นเอกสารหลักของข้อบังคับบนพื้นดินของ NewForex ที่ แสดง โดยแผนกของตนเอง แควนั้นสำนักงาน และคู่ค้า (โดยการเชื่อมโยง NewForex กลุ่ม), มีโปรโมชัน "ยินดีต้อนรับ" (ปรโลกโปรโมชั่น) สำหรับการลงทะเบียน (มีส่วนกำหนดค่า) ลูกค้า ดังนั้น ในกรอบของ NewForex ข้อตกลงปัจจุบัน กลุ่มและลูกค้าที่เป็นฝ่ายของความสัมพันธ์ตามสัญญา ข้อตกลงเอง ควรถือว่าเป็นการให้ที่อยู่ของคน (บุคคล และ เอนทิตี) การยอมรับข้อตกลงปัจจุบันที่แสดงในแบบฟอร์มการเสนอเช่น เป็นความจริงของรายการข้อตกลงปัจจุบันใช้บังคับกฎหมายเป็นสนธิสัญญาระหว่างการ ฝ่ายเป็นจริงส่งผ่านเต็ม (twostage) ขั้นตอนการลงทะเบียนบัญชีเกี่ยวกับนิติบุคคล เว็บไซต์ของ กลุ่ม NewForex โดยบุคคล (บุคคลส่วนตัว) หรือผู้แทนนี้หรือที่ บริษัทในกรณีที่มีความยินยอมที่ชัดเจน และตรงกับเงื่อนไขของการเข้าร่วมในการ ส่งเสริม โดยการทำเครื่องหมาย "ตัดสิน" ในหน้าลงทะเบียนบนใบ เว็บไซต์ขององค์กรของ กลุ่ม NewForex จากจุดนี้ บุคคลดังกล่าวควรจะถือว่าเป็นการ Acceptant ปัจจุบันและข้อตกลงอย่างชัดเจนหมายถึงการที่ Offerer (กลุ่ม NewForex) and the Acceptant (the Customer) take all the rights and duties described in the present document in their full size. Deciding to participate in the Promotion described in the present Agreement the Customer consents to the fullest extent with all the conditions of the present Agreement. The present Agreement has a subitem position towards the Public documents package from the juridical point of view. Among other things it means that if for one reason or another there will be conditions for the termination of the Client Agreement in compliance with one of the documents of the Public documents package, then the present Agreement must immediately lose its force. 2. Participation in the Promotion Only the Customers who have a profile and who passed the following procedures have the right to participate in the Promotion: . Confirmation of email. . Confirmation of identity authentication through uploading a photocopy (scanned cope) of the main identification document in the Customer’s country of residence (passports, ID) or other document of identification (for instance, driving licence). Furthermore, in order to participate in the Promotion the Customer must give a direct and clear consent with all the conditions of the present Agreement putting a checkbox in the corresponding field on the Registration page on the corporate site of NewForex Group. The reverse procedure (i.e. the refusal to participate in the Promotion) is also possible for the Customer and it is described in the corresponding part of the present Agreement. 3. The restrictions on the participation in the Promotion Profiles registered through NewForex Group partners are disallowed to take part in the Promotion described in the present Agreement. The present Promotion is intended to be used only by Customers who registered on an independent basis. For one profile a nodeposit bonus can be provided only once (on one trading account). 4. The duration of the Promotion The Promotion described in the present Agreement is launched on December 4th 2014 at 00:00:01 UTC+0. The company has the right to prolong the duration of the Promotion in its discretion. 5. The Customer’s Bonus As a bonus for participation in the Promotion the Customer gets a credit (bonus) on the personal trading account in an amount equal to $50 (5000 cents). The provided funds perform a free credit (the payment for the credit (in per cents) is not taken from the Customer). The provided funds are purpose credits: the funds can be used by the Customer for making transactions on the personal trading account. 6. Intended Use of credit funds As it was mentioned in clause 5, the credit funds (bonus) are added as intended time free credit. The period during which this crediting is fulfilled is described in clause 4 of the present Agreement. Conditions and the period during which the transfer of the Credit (bonus) is possible are described in clauses 7 and 8 of the present Agreement. A more detailed description of granting credit funds (bonus) is described in the present clause. The key task of granting credit funds to NewForex Group Customer is the maintainance of wide financial possibilities in the margin trading with financial instruments as well as the formation of extra margin funds. It is possible to trade only with credit funds.Provided that transactions only with credit funds shall be disregarded while laying down the conditions of funds withdrawal from the credit into balance. Newforex Group offers the Customer additional means for trading with financial instruments to support the sufficient level of the margin. However, the Customer should take into account extra risks which might emerge in case of the abusive practice of the simplest rules of capital management. In order to minimize risks NewForex Group recommends: . not to use the amount of the margin exceeding 1/10 for one deal of the whole deposit excluding credit funds (Bonus). . not to make very aggressive transactions without a sufficient level of preparation. The mentioned recommendations should be treated as some addition to the Risk Disclosure included in the Public documents package of NewForex Group. The Customer may follow or not follow the mentioned recommendations at his/her own discretion provided that the Customer takes responsibility for all the risks resulting from it. 7. Conditions of transferring the Credit into Balance Credit funds (bonus) added to the trading account of the Customer who took part in the Promotion may be transferred from the Credit into Balance. As a result they will be available for any further financial operations including but not restricted to withdrawal of these funds into the Customer’s payment details, transferring them into another account and/or further usage in the trading at the discretion of the Customer. And the profit gained as the result of trading only with credit funds and replenished on the balance can not be withdrawn into external accounts until the conditions of the credit transfer into Balance are fulfilled. The first necessary condition is the deposit of the trading account with the amount equal or exceeding the amount of Bonus and profit obtained in trading with bonus funds. Examples: 1. A Client received 5000 USC on the trading account and as a result of trading made profit in the amount of 3500 USC. Thus, it is necessary to deposit in the amount equal or exceeding 85 USD. 2. A Client received $50 and as the result of trading had a loss in the amount of 5 dollars. In order to start the procedure of transferring bonus funds into balance it is enough to make the deposit in the amount of $45 or more. If the Client deposits the bonus account with the amount less than minimal required to transfer the credit into balance, the provided credit can be cancelled. The second necessary and sufficient condition of transferring the credit funds (bonus) into Balance of the Client’s trading account is to make not less than 50 full (doublesided) transactions (trades) having in total a certain volume according to the following formula: 0.07 lot for every complete unit of the account currency received as a bonus. Examples: 1. A Client received on the account 5000 USC and as the result of trading with these funds a client made the profit in the amount of 4500 USC. Consequently, the total amount of funds which should be transferred into balance is 9500 USC. According to the formula of 0.07 lot for every unit of currency we get: 9500 * 0.07 = 665 lots. 2. A Client received on the account 5000 USC and as the result of trading with these funds a client has a loss in the amount of 1000 USC. Consequently, the total amount of funds which should be transferred into balance is 4000 USC. According to the formula of 0.07 lot for every unit of currency we get: 4000 * 0.07 = 280 lots. Calculating the amount of trades necessary to transfer the Credit (Bonus) into Balance only the amount of trades made (which are being made) using personal funds of the Customer without using credit funds (Bonus) are accepted. 8. The period of transferring the Credit into Balance The Customer can transfer the funds obtained from the Credit (as a Bonus) in the frames of the Promotion into the Balance of the personal trading account within 7 months from the date of the first deposit. 9. The technology of extra risk defence (ERD) As it was said in clause 6 of the present Agreement the usage of credit funds (Bonus) might carry extra risks. NewForex Group recommends to familiarize yourself with clause 6, but the tactics and strategy choice of trading with financial instruments is at the discretion of the Customer. The present clause of the Agreement describes the situation when the risks increase and NewForex Group is obliged to protect the Customer’s funds. A special defence mechanism operates on all trading accounts, it was specially developed for the present Promotion: “Extra Risk Defense ERD.This defence mechanism is aimed at minimizing risks if the amount of the margin is very big. In particular: . If the total amount of security (margin) of all open positions exceeds or equals the amount of credit funds (bonus), then Extra Risk Defense forcedly closes all the positions on the Customer’s trading account when the level of funds equals (or is lower than) the amount of the Credit (Bonus). . If the total security (margin) of open posit
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