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Terms & Conditions of the 30 USD Welcome Bonus

30 USD Welcome Bonus key points:

  1. The Welcome bonus is a balance bonus in the amount 30 USD. 
  2. Max profit available for withdrawal is 200 USD. 
  3. Profit will be unblocked for withdrawal once min required terms are met. 
  4. Once the first attempt for profit withdrawal is confirmed by the Client, The Welcome bonus will be removed from the Client’s account. 
  5. Bonus duration is 40 calendar days. 

More details are below.

1. General terms

1.1. The “30 USD Welcome Bonus” promotion (hereinafter called Welcome Bonus) is held by MTrading (Finvest Solutions Limited, hereinafter Company).

The Welcome Bonus is available in Malaysia only.

1.2. The Welcome Bonus Terms and Conditions is an integral part of the MTrading (Finvest Solutions Limited) Business Terms and Policies and provisions set herein are considered as an annex of all MTrading (Finvest Solutions Limited) Business Terms and Policies.

1.3. MTrading reserves the right to change the terms of the promotion. Promotion may be offered by the Company from time to time to clients who open real trading accounts.

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

2. Participants

2.1. The Welcome Bonus is a special no deposit welcome balance bonus for new MTrading clients, which is given on an individual basis at the discretion of the Company.

2.2. The Welcome Bonus is for introductory purposes and only for new clients from non-restricted countries, who are interested in opening a live M.Premium trading account with MTrading (Finvest Solutions Limited).

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 scan of his/her passport inside the Trading Room. The Company reserves the right to require additional documents for identification.

2.4. Each client can receive a Welcome Bonus only once.

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

2.6. The Client’s account participating in this promotion, cannot be used for other promotions of the Company.

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

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

3. How to receive the bonus

3.1. The Client receives a trading account number automatically after having registered successfully.

3.2. The Welcome Bonus is granted automatically, provided all the required conditions are met.

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

3.4. The Welcome Bonus can be used for the period of 40 calendar days from the day of depositing it to the Client's Account. After the 40-days period is over, the Welcome Bonus gets deducted from the account, as well as unclaimed profits gained with the aid of this bonus.

3.5. The Client can withdraw profits gained with the aid of the Welcome Bonus. The maximum profit available for withdrawal is 200$. The Minimum required traded Lot size to withdraw the profits is 5 Lots. Once the first withdrawal is made, 30$ will be deducted from the Client's Account.

3.6. All profits earned with the aid of the Welcome 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. The leverage on the Account cannot exceed 1:1000.

3.8. The Account cannot participate in the MTrading investment service, that’s to become a money manager or investor accounts.

3.9. 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.

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

3.11. No partners’ commissions are paid for trading with the Welcome Bonus.

3.12. 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.

Definitions

At all times, Finvest Solutions Limited 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” – Finvest Solutions Limited (“Finvest Solutions Limited”), registered at Unit 5, Long Stone House, PO box 1200, Main street, Charlestown, Nevis.

“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:

  • Registration in the Trader’s Room of MTrading;
  • Real trading account (currently active or deactivated).

“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 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 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.