Deposit Bonus 40%

The “40% Deposit Bonus” Terms and Conditions is an integral part of the “Customer Agreement” and provisions set herein are considered as an annex of “Customer Agreement“.

40% Deposit Bonus credits (hereinafter, "Offer") begins on March 15th, 2021 and will run indefinitely, until VENTEZO ltd. (hereinafter, "Company") determines otherwise.

The Offer is available to all new and existing live account holders who deposit or redeposit $10 or more from March 15th, 2021, indefinitely (hereinafter, "Participants"). The bonus is available for accounts that completed two-level verification.

The 40% Deposit Bonus will be credited (as credit) to the participant's live account for each deposit above $10, up to a total amount of $10,000 deposit.

The bonus will not be received for the internal transfer between the client's accounts.

The 40% Deposit Bonus is credited for a deposit up to USD 3,000. If a deposit runs over USD 3,000 by USD 3,000 - 5,000, then a trader shall get a 40% bonus for USD 3,000 and 30% for the remaining amount. In case the remaining amount exceeds USD 5,000, a 25% bonus is applied. For example, USD 15,000 deposit will have another USD 7,000 credited as bonus.

The validity period for this Offer is 90 days from the day the 40% Deposit Bonus was added to the account.

The 40% Deposit Bonus for each deposit is considered a separate bonus.

In order for bonus funds to be transferred from the "Credit" column to the "Balance" column and the funds are available for withdrawal or subsequent trading, it is required to perform trading activities with the following total volumes:

< Amount Lot >= < Bonus Amount >/ 4

Volume calculation starts from the first bonus and continues consecutively. This means that Client can't withdraw later bonuses before traded the required volume for the first bonus, and so on. The volume calculation starts from the moment the bonus is added to the trading account. The volume for each deposit is calculated separately.

The following orders are not considered in the calculation of traded volume:

• orders with the trading result which is less than 3 pips;
• orders with the trading time between open time and close time which is less than 1 minute;
• orders closed before the account was deposited to participate in the bonus program.

The bonus can be withdrawn ONLY if by the moment of lots calculation the bonus is still present in the account.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 canceled, it would not be added or compensated.

At the end of the 90 days period, if the participant has not reached the total volume required, the 40% Deposit Bonus will be withdrawn from the account.

During the Conversion Period, Profit can be withdrawn without affecting the bonus.

Withdrawal of full balance during the Conversion Period will result in the bonus being removed. To proceed with withdrawing your full balance, please ensure all trades have been closed and then simply submit the withdrawal request from the Client Portal.

Internal MT4 to MT4 transfers, to or from the Offer account, are not permitted. If an internal transfer is requested, the 40% Deposit Bonus part will be removed.

The bonus is cancelled automatically in case equity totals less than 150% of the bonus amount.

The maximum leverage is equal to the maximum value set for the Client's account type. However, when calculating the maximum leverage, the 40% Deposit Bonus is considered as part of the client's trading account equity, which means that a decreasing factor can be applied to the client's maximum leverage.

The stop-out level for accounts included in this Offer is at 30%. Once your margin level reaches 30% the system will start closing your positions automatically, the position with the highest loss will close first.

The Company reserves the right to cancel 40% Deposit Bonus without prior notice so we strongly recommend that you refrain from factoring in the bonus when calculating the profitability of your trading strategy. The Company is not responsible for any consequences of the bonus cancelling including the stop out since it wholly owns the accrued bonus.

The 40% Bonus is not allowed to be used for investments in PAMM Service including PAMM Manager accounts and PAMM Investor accounts. In case an account with 40% Deposit Bonus registered in PAMM Service as Manager or as Investor the bonus will be cancelled.

In the event The Client’s trading account contains no opened trades or there are no closed trades within 30 days, 40% Deposit Bonus is annulled.

If VENTEZO suspects or has reason to believe that a Client has abused or attempted to abuse the terms of this Offer or any other Offer presented by VENTEZO, or has acted in bad faith, VENTEZO reserves the right, at its sole discretion, to deny, withhold, withdraw or terminate from that Client the Offer and, if necessary: (i) to withhold, cancel and subtract from that Client’s account(s), (ii) to terminate that Client’s access to services provided by VENTEZO and/or terminate the contract between VENTEZO and the Client for the provision of services (iii) to block that Client’s Account(s) (however, save it where otherwise required by a relevant authority) and to arrange for the transfer of any unused balance, less the Offer amount as well as any profits which the Company deems to have been gained via Abusive Behavior, to the Client. Where Abusive Behavior includes but is not limited to:

1. Where a Client, by himself or acting with others (including an Business Introducer/ Affiliate) established a trading position or positions which have the purpose or effect of extracting the Credit provided and/ or profits generated by the Offer, without exposure to economic risk, including without limitation loss of the Offer or the Client’s capital (or the capital of others).
2. Where the Client, by himself or acting with others (including an Business Introducer/ Affiliate) hedges his positions, including without limitation, holding open position(s) in one direction, including by way of illustration only, single or correlated currencies, at given periods, internally (using other trading accounts held with VENTEZO or externally (using other trading accounts held with other brokers).
3. Where a Client, by himself or acting with others (including a Business Introducer/ Affiliate) established a trading position or positions which uses so-called "reverse trading" on bonus accounts. "Reverse trading" denotes opening the same position in reverse directions on 2 or more bonus accounts. E.g. open 0.1 lot BUY on EURUSD in one account and 0.1 lot SELL on EURUSD in another at the same time.

In the event an account has open positions or a floating profit/loss and the Offer amount is removed for any reason, VENTEZO will not be liable for any adverse effects.

In the event that an account qualifies as Inactive all bonuses and promotion credits will be automatically removed.

The Company reserves the right to amend or modify the campaign terms at any time and without prior notice.

The official language of the Terms and Conditions is English. If there is any conflict or inconsistency between the English version and the translated version of the Terms and Conditions, English will be the prevailing and predominant version.