Bonus Terms and Conditions

GENERAL INFORMATION

1.1. The following Bonus Terms and Conditions (hereinafter referred to as the “Terms”, “Bonus Terms and Conditions”) determine the procedure and rules that govern basic operations performed by AxisFx (hereinafter referred to as the “Company”) in accordance with its Bonus Program. The above-mentioned operations shall include services provided to individuals (hereinafter referred to as the “Clients”) related to the calculation, accrual, cancellation and deduction of Bonus funds, including transactions related to the cashback options.
1.2. These Terms are an integral part of a public offer placed by the Company on its website AxisFx.com, which should be considered by all interested parties as an offer to conclude a “Customer Agreement” (hereinafter referred to as the “Agreement”), on the terms specified in the Agreement and its annexes.
1.3. The Company undertakes to calculate, accrue and deduct bonus funds received by the Client as a part of various promotions and marketing activities of the Company, or obtained from the Company in any other way.
1.4. The Company has the right to make changes and additions to the Bonus Terms and Conditions unilaterally and at any time, without prior notification of its Participants.
1.5. The Company reserves the right to withdraw its Bonus Offer at any time once the allocated time has been exceeded
1.6. The Bonus Offer becomes available upon successful completion of the Client’s general verification process.

2. TERMS AND DEFINITIONS

2.1 Bonus funds or Bonus – a conditional amount expressed in the account’s base currency, deposited into the Client’s trading account in the “Credit” field as part of various marketing campaigns, promotions or other interaction with the Company.
2.2 The bonus funds can be used only for independent trading on Standard and Fixed accounts.

3. PERFORMING OPERATIONS WITH BONUS FUNDS

3.1 Bonus terms and conditions are set out separately for each Promotion and published on the Company’s website.
3.1.1 The Bonus is granted no later than 7 (seven) days after the Client funds his trading account.
3.1.2 The Bonus is calculated and accrued based on the actual balance in the trading account and cannot be more than the deposit amount in percentage terms.
3.1.3 The Bonus is deposited to the trading account participating in the Promotion and cannot be transferred or used in another account.
3.2. Required number of lots to withdraw the bonus = Bonus amount / $3. Only closed trades on currency pairs are taken into account in the turnover calculations. The transaction must have at least a 3 pips difference between the open and close price to meet the volume requirement.
3.2.1. For example, a Client deposited $100 and received a $100 bonus. To withdraw the credit bonus, the Client must generate a trading turnover of 100 / 3 = 33.3 lots in currency pairs.
3.3. In case of a trade-out of a client account, Remaining bonus amount will be either partially/fully used to recover the account from any negative balance in the trading account. Bonuses are an additional benefit provided to the client as a goodwill gesture by the Company and they do not provide special protection against losses. It is strongly advised that the client manages trading risk according to the funds available in the trading account.
3.4. The Bonus will be canceled in the event of inactivity in the Client’s trading account within 30 (thirty) calendar days.
3.5. If the Company suspects or has reasonable grounds to suspect that the Client is performing fraudulent operations, violating or taking unfair advantage of the Promotion terms and conditions or is acting in bad faith, the Company reserves the right, at its sole discretion, to decline, retain or write off the Bonus from the Client’s account (s) and refuse service to the Client and/or terminate the Customer Agreement between the Company and the Client for the provision of services if required.
3.6. During the validity period of the bonus, the client is able to withdraw any profits up to the amount equal to the given bonus, without affecting the bonus. In case where the client wants to withdraw the initial deposit partially or fully, Bonus will be removed from the account upon the withdrawal confirmation.
3.7. In cases where a client wants to withdraw profits exceeding the amount of bonus given, bonus and profits accumulated will be canceled and removed from the account.