Continuous 10% Bonus to Cash Reward

In order to participate in the Continuous 10% Bonus to Cash Reward promotion you agree to be bound by these terms and conditions as well as the general terms that apply to your account.

Deposit

10% Credit Bonus

Lots to be traded

Cash reward

2,000 USD

200 USD

40

200 USD

3,000 USD

300 USD

60

300 USD

4,000 USD

400 USD

80

400 USD

5,000 USD

500 USD

100

500 USD

10,000 USD

1,000 USD

200

1,000 USD

Above 10,000 USD

1,000 USD

200

1,000 USD

Formula: Credit bonus / 5 = lots to be traded

Terms and Conditions

  1. 10% credit bonus will be issued on each new deposit above 2,000 USD.
  2. 10% credit bonus is for trading purposes only until set amount of lots have been traded; after which credit bonus can be turned into cash.
  3. For each new deposit above 2,000 USD that is made a new bonus can be received as long as the bonus amount does not exceed 1,000 USD bonus per account.
  4. The client may withdraw funds from their account but this may result in credit bonus reduction by 10% of the withdrawal amount.
  5. In the event a client deposits more than 10,000 USD then they will be able to maintain 1,000 USD bonus as long as more than 10,000 USD is maintained in the account. Example: Client deposits 10,000 USD and receives 1,000 USD bonus, they later deposit another 5,000 USD to the same account (they do not receive anything as the maximum bonus they can receive in one account is 1,000 USD). The client then withdraws 5,000 USD; they keep 1,000 USD bonus as this correlates to the original 10,000 USD deposit.
  6. The bonus will be converted to cash once the required number of lots according to following formula “Credit bonus / 5 = lots to be traded”, have been traded.
  7. There is no time limit for the lots to be traded.
  8. Any withdrawals of profit must be funded to a bank account which matches the ICM Capital account holder’s name.
  9. A maximum of 1,000 USD cash can be issued per account each time the fixed amount of lots has been reached.
  10. Traded lots will be calculated on the last working day of each month. Any applicable cash reward will be deposited into the clients live account within 5 working.
  11. Master accounts and sub-accounts are entitled to this promotion and can receive a maximum of 1,000 USD bonus per account.
  12. This revised promotion starts on 1st March 2014 and is on-going.
  13. Clients will be informed before this promotion ends and any remaining trading credit is withdrawn.

Communication Delay

ICM Capital shall not be made liable for any delays in the acceptance or transmission of orders due to a breakdown or failure of transmission or communication facilities, or for any other cause beyond their reasonable control or anticipation.

Disentitlement

In cases of any indiscretion in trading, overleveraging, misuse of orders where "scalping" or “sniping” or “hedging” may be involved, such transactions will not be taken into consideration and will be treated as illegal activity and may even be removed from participants accounts. ICM Capital reserves the right to disqualify any participant or cancel the trades found in violation of the trading rules or applying inappropriate trading strategies. Scalping defined as trade that was opened and closed within a very short period of time. Hedging means client over exposing his account with an opposite trade to an existing trade with the same trade volume with ICM Capital or another company to gain profit from deal terms.

Postponement or Cancellation

ICM Capital in its sole discretion, reserves the right to extend or postpone the promotion periods, to cancel the promotion and/or to reject any participant's application if determined that such action is reasonable and/or necessary.

The credit bonus will be forfeited and removed from the account under the following circumstances:

If the equity falls below 0% the credit bonus will be utilised to adjust balances to zero.
        margin

Promotion Terms

ICM Capital reserves the right to amend or waive any rule during and after this promotion. We may make changes to the Terms and Conditions and will notify you of these changes by posting the modified terms on the ICM Capital website.

CFDs and Spot FX are leveraged products. Trading CFD's or Spot FX carries a high risk to your capital and can result in losses that exceed your deposits. You should not engage in this form of investing unless you understand the nature of the transactions you are entering into and the true extent of your exposure to the risk of loss. Your profit and loss will vary according to the extent of the fluctuations in the price of the underlying markets on which the trade is based.

Please click here for full trading terms and conditions.

These terms are dated 4th September 2016.