이용 약관 (“이용 약관”)

Terms & Conditions (“Terms & Conditions”)

Introduction

1.1 FP Markets may offer all new MT4 and MT5 clients a promotional offer in the form of a deposit credit (“Deposit Bonus”).

1.2 FP Markets will directly notify you of the Deposit Bonus amount via phone, email or online advertisement. The offer is intended to be given to South Korean residents only.

1.3 These Terms and Conditions form the basis of the Deposit Bonus.

1.4 Taking part in this Deposit Bonus constitutes acceptance of these Terms and Conditions.

Eligibility

2.1 The Deposit Bonus is only available to clients who:

(a) have been offered the Deposit Bonus by FP Markets;

(b) pass all compliance and account opening requirements including agreeing to FP Markets terms and conditions.

(c) have opened a Standard or Raw MT4 or MT5 trading account; and

(d) have deposited a minimum of US$500 or equivalent funds with FP Markets as per the Terms and Conditions up to a maximum of US$20,000 (“Initial Deposit”).

2.2 FP Markets may accept or reject any application to open a trading account in its sole and absolute discretion.

2.3 Fraudulent, multiple or incorrectly completed applications will not be accepted.

2.4 This Deposit Bonus is only applicable to Initial Deposits and is not available for any further deposits by the client, unless specified by FP Markets.

2.5 The Deposit Bonus is not transferable between accounts.

2.6 The Deposit Bonus offer is available only once to each individual client (or a related party). A related party includes parties trading cohesively or as otherwise defined by FP Markets.

2.7 The Deposit Bonus offer is not to be used in conjunction with any other offer made by FP Markets, unless specified by FP Markets.

2.8 FP Markets will not honour the Deposit Bonus to clients deemed not to be acting in good faith.

2.9 FP Markets shall not be responsible or liable if there is a delay in crediting the Deposit Bonus to the client’s trading account. FP Markets will use all reasonable endeavours to credit the amount within 7 days of receipt of the actual deposit.

2.10 The Deposit Bonus is not available to clients who opened an account under an existing Introducing Broker, PAMM/MAMM, money manager or affiliate agreement.

2.11 The Deposit Bonus begins on 15th August 2022 and will end on the 31st December 2024. Please note that this bonus is not available for any further extension or modification, unless specified by FP Markets.

 

Further Conditions

3.1 The Deposit Bonus amount will be 50% of the Initial Deposit made by the client up to a maximum of US$20,000 or equivalent. 

3.2 The Deposit Bonus will appear in the credit facility of the MT4 or MT5 platform and shall form part of your account equity and can only be used as margin to open and maintain positions.

3.3 All realised losses and any other costs and expenses will first be deducted from funds deposited by the client into the trading account prior to the Deposit Bonus being reduced.

Example:

If you deposit US$500 in the trading account and receive a US$250 Deposit Bonus and you realise a loss of US$500 on a trade, your cash balance will now be US$0 and the US$250 Deposit Bonus amount will remain unchanged.

3.4 The Deposit Bonus amount is not cash and the client cannot withdraw the Deposit Bonus amount (in whole or part). 

3.5 In the event a client withdraws their balance or the account’s equity falls below the current credit facility amount, FP Markets may request the client to add more funds to the accounts or at FP Markets full discretion (with or without warning) remove the Deposit Bonus and/or close out any open positions. It is the responsibility of the clients to ensure their accounts’ equity does not fall below the current credit facility amount, even if they are pending to receive a conversion of the Deposit Bonus to a cash balance.

If the bonus credit has already been removed, FP Markets has the sole discretion to decide whether to re-apply the bonus, provided the client re-deposits funds into the trading account.

3.6  The client has 12 months from the date of receipt of the Deposit Bonus to utilize the Deposit Bonus, otherwise the Deposit Bonus will expire as null and void. This promotional offer is not designed to alter or modify a clients’ risk preference or encourage clients to trade in a manner inconsistent with their own trading strategies.

3.7 Clients may withdraw their accounts cash balance at any time. Any withdrawal of funds from the clients trading account will trigger a pro-rata adjustment of the Deposit Bonus or a reset of the Deposit Bonus to 50% based on the new cash balance at FP Markets discretion. Should the new cash balance fall below $50 USD or equivalent then the Deposit Bonus will become null and void. FP Markets reserves the right to withdraw the Deposit Bonus from a clients trading account at any time.

3.8 FP Markets reserves the right to amend or cancel the Terms and Conditions at any time without prior notice. Any amendments made to the Terms and Conditions will be notified to clients via the FP Markets website. We recommend that clients revisit the Terms & Conditions regularly and, by the continued use of FP Markets website and services, clients accept any such amended Terms and Conditions.

3.9 Any dispute or situation not covered by these Terms and Conditions will be resolved by FP Markets in its reasonable discretion.

3.10 If these Terms and Conditions are translated into a language other than English, then the English version of the Terms and Conditions shall prevail where there is an inconsistency.

3.11 If the client is in breach of the Terms and Conditions in any way whatsoever the Deposit Bonus will immediately become null and void.

3.12 FP Markets shall not be liable for any loss (including, without limitation, indirect, special or consequential loss or loss of profits), cost, expense or damage which is suffered or sustained in connection (directly or indirectly) with the use of the Deposit Bonus.

3.13 If a client’s account reaches a negative balance (i.e (Equity - Credit)<0) and has no open positions, FP Markets will automatically close out all open positions and disable trading in the account.

3.14 These Terms and Conditions are governed by the laws of St Vincents & the Grenadines

 

FP Markets LLC Limited Liability Number 126 LLC 2019 Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines. +44 28 2544 7780 Email: [email protected]