These Terms and Conditions govern the use of the deposit bonus offered by the Company. By claiming the deposit bonus and continuing to use the Company's services, the Client ('Client') agrees to comply with and be legally bound by these Terms and Conditions. The Client acknowledges that they have read, understood, and accepted these Terms and Conditions in their entirety.
1. The Client may access and review the available deposit bonus options through their Profile. The Company reserves the right to amend, modify, or discontinue the bonus options available to the Client at its sole discretion, without prior notice or obligation to the Client.
2. The bonus cannot be added to internal transfer deposits and to deposits from contests/promotions, etc., unless stated otherwise.
3. The Client can only claim a new bonus if the sum of this bonus and the amount of all other bonus funds in the relevant trading account is less than the amount of the Client's funds (excluding bonuses) in this account's free margin.
4. It is advised to claim a bonus right after your deposit is credited to your trading account.
5. The bonus shall be credited into your account and locked until the volume requirements are met. After the required volume is completed, the bonus will be deducted from your credit and simultaneously deposited into your balance. The operation will be processed every hour on a daily basis.
6. The bonus for each deposit is considered a separate bonus.
7. It is required to trade (bonus amount)/2 (bonus amount divided by two) standard lots to be able to withdraw a bonus.
8. Volume calculation starts from the first bonus and continues consecutively. This means that you can't withdraw later bonuses before you trade the required volume for the first bonus, and so on. The volume calculation starts from the moment the bonus is requested. The volume for each deposit is calculated separately.
E.g. You made a $100 deposit on Monday and started trading. On Wednesday you claimed a $50 bonus. Volume calculation for your bonus starts on Wednesday, and any volume traded before Wednesday will not be included. It is advised to claim a bonus right after your deposit is credited to your trading account.
9. The bonus can be withdrawn only if by the moment of lots calculation the bonus is still present in the account. If a Client had traded the required volume, but the bonus has already been cancelled, it would not be added or compensated.
10. If the equity of your account becomes less than your bonus amount or equal to it, the bonus will be cancelled.
11. If the amount of the Client's personal funds in the trading account upon withdrawal/internal transfer becomes less than or equal to the bonus(es) amount, the bonus(es) will be cancelled starting from the latest one until the amount of personal funds in such account becomes higher than the bonus(es) amount.
12. If the trader's own funds are withdrawn after the bonus has been claimed, the bonus will be cancelled.
E.g. If you deposit $100 to your account, receive a $50 bonus and then withdraw $100, the bonus will be cancelled. However, if you make a profit, you can withdraw the profit made anytime, and it will not affect your bonus.
13. A Client can cancel a deposit bonus at any time. Once the deposit bonus is cancelled, it can't be reinstated.
14. Elev8 may reject a Client's bonus application(s) at any time without prior notification or providing reasons for such decision.
15. Elev8 may cancel a Client's bonus at any time without prior notification.
16. Any situation not described in these rules shall be subject to the Company's decision.
17. Elev8 reserves the right to change, update, or cancel this promotion with notification in the Company news.