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“Traders’ mission - POSSIBLE!” program terms and conditions

14 March — 31 July 2016

Both new and active clients of FIBO Group, Ltd. company may take part in the promotion "Traders’ mission - POSSIBLE!". The sum of the bonus that is credited after depositing an account, increases according to the volume of the trade and can triple the deposit sum.

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“Traders’ mission - POSSIBLE!” program terms and conditions

14 March — 31 July 2016
“Traders’ mission - POSSIBLE!” program terms and conditions

Both new and active clients of FIBO Group, Ltd. company may take part in the promotion "Traders’ mission - POSSIBLE!". The sum of the bonus that is credited after depositing an account, increases according to the volume of the trade and can triple the deposit sum.

  1. General Information 

    1. The bonus program is called "Traders’ mission - POSSIBLE!"
    2. The bonus program period: from March 16th, 2016 till July 31th, 2016 inclusively.
    3. The bonus program participants are the clients of FIBO Group, Ltd (BVI) who have opened a МТ4 Fixed trading account with leverage up to 1:200 and funded it with the amount not less than $300 or the equivalent in another currency.
    4. Both new and existing clients are able to become participants.
    5. The bonus account is a МТ4 Fixed trading account which takes part in the bonus program "Traders’ mission - POSSIBLE!" of the company.
  2. Bonus program terms and conditions

    1. The bonus is granted to every client of FIBO Group, Ltd (BVI), who:
      1. has opened a МТ4 Fixed trading account during the Bonus program period, put a tick in the registration form near the “Bonus program” field in the Personal Cabinet on the company website and select the “Traders’ mission - POSSIBLE!” bonus program from the list.
      2. has activated the MT4 Fixed trading account (funded it with the amount not less than $300 or the equivalent amount in another currency)
      3. has activated the bonus by clicking the button "Activate bonus" in the Personal Cabinet (“Account management” section – click on the bonus account number marked with the symbol “B”).
      4. has received a confirmation from the system: "Bonus has been activated successfully".
  3. How the bonus is calculated and credited 

    1. The bonus amount would depend on the bonus account turnover. Such turnover is calculated by taking the closed positions according to the number of standard lots. One standard lot equals to 100,000 units of the base currency. The total amount of bonus cannot exceed USD 10,000.
    2. We shall give a 100% for the first deposit.
    3. Once the bonus account turnover reaches the point of USD 1,000,000 (10 standard lots), we shall give a 125% for your following deposit.
    4. When the bonus account turnover gets to the level of USD 5,000,000 (50 standard lots), the bonus for the following deposit will be increased to 150%.
    5. When the bonus account turnover reaches the point of USD 20,000,000 (200 standard lots), the bonus amount for the following deposit will be 175%.
    6. When the bonus account turnover gets to the point of 50,000,000USD (500 standard lots), the bonus amount for the following deposit will be 200%.
      1. For example: A client opens an MT4 Fixed bonus account and funds it with 1,000 USD, after that he activates the bonus. The bonus amount is USD 1,000. The client then executes his trades by opening and closing positions with the total volume of USD 1,000,000 (i.e 10 standard lots). Then, after depositing his account with further USD 1,000, he will get a USD 1250 bonus (i.e. 125% of the deposit).
    7. The bonus is credited to the trading account automatically once the funds have been deposited.
    8. In case of withdrawals of funds from the trading account, the amount of bonus will be decreased proportionally.
    9. The bonus can also be credited and after the effective period until the limit of the total bonus amount is reached (Please see Paragraph 3.1).
    10. The funds can be kept on the trading account permanently.
  4. Withdrawal of bonus

    1. The profit earned in the result of trading along with the deposit funds can be withdrawn without any restrictions.
    2. The withdrawal of the credited bonus is impossible.
  5. Bonus restrictions

    1. Bonus funds cannot be used to compensate the drawdown of the account, i.e. bonus will be charged from the account when Equity (Balance including open positions) on the account will be equal to the sum of bonus. In this case, all open positions will be automatically closed.
    2. The bonus is credited only to the funds deposited directly to the  MT4 Fixed trading account by any means offered in the section “Deposit funds” in the Personal Cabinet
    3. Trading on the MT4 Fixed bonus account before the activation of the bonus program is forbidden.
    4. Each client has the right to open only one bonus account to take part in this promotion program. 
  6. Changes to the conditions of the bonus program

    1. The company has the right to make changes to the conditions of the bonus program and annul the bonus program at any time without preliminary notification. The cancellation of the bonus program is not applicable to the clients who are participating at the moment of cancellation.
    2. Information about changes to the conditions of the bonus program will be published on the FIBO Group Ltd (BVI) website in the section “Clients - Promotions”.
    3. Questions concerning the conditions of the bonus program can be asked to the customer service department by phone via on-line chat on the company’s website, via “Feedback” in the Personal Cabinet or via e-mail to service@fibogroup.com.

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