No Spread Terms And Conditions
1. Eligibility for the promotion is only on First Time Deposit.
2. Maximum deposit for promotion is 1,000 base currency.
3. This promotion is valid only for new clients for a period of 14 days.
3.1. The return spreads will be credited into your trading account on completion of the promotion (within a week after the 14 day period).
3.2. The calculation for the return of spreads is:
'Spreads the trading account was charged' minus 'roll spreads of the market'.
3.3 All funds will be liquid.
4.All eligible accounts must be fully verified, have answered additional details and done assessment test.
4.1 Proof of identity - A clear, up-to-date copy of a government-issued picture document that includes the client’s full name (as displayed in the account), date of birth, and expiration date.
4.2 Proof of residence – A recent (not older than three months), clear copy of a bank statement, utility bill or local authority tax bill, indicating the clients name (as displayed in the account), date of issue and address of residence.
4.3 DOD- all DOD's signed in cases when applicable
5. Spreads will be credited according to the trading account’s base currency. Clients are not eligible to receive in the return of spreads more than their original deposit..
6.1 Hedging orders (1 Buy 1 Sell) will be considered as 1 order only.
6.2 An order will not be counted if it remains active less than 3 minutes.
7.1 Abuse – Any improper or abusive trading, that is not in accordance with the company’s client retail agreement, will result in the award being revoked or not provided, and may also result in the account being frozen pending proper investigation and suspended, should the investigation’s result indicate a breach of the client retail agreement.
7.2 No waiver – Any delay or omission to exercise any right, power or remedy accruing To the Company upon any breach or default under these Terms & Conditions or the Retail Client Agreement, shall not be deemed and must not be construed as a waiver of Its rights.
7.3 Validity – If any provision of these Terms & Conditions is held invalid or unenforceable, such invalidity or unenforceability shall not affect the other provisions of These Terms & Conditions, and, to that extent, the provisions of these Terms & Conditions are intended to be and shall be deemed severable.
7.4 Terms Change – In Case of modification of the particular award’s Terms & Conditions, the Company shall provide the client with appropriate notification via email in advance.
7.5 In case of any discrepancy between the Retail Client Agreement and these Terms & Conditions, the latter shall prevail.
7.6 The Company reserves the right to cancel or change the Terms & Conditions at anytime.
Roll spreads of the market- The rate of spread TradeFred pays the Liquidity Provider's.
Liquid funds- funds that are withdrawable at any time.