Terms and Conditions of the "TradeDays" Campaign
Date: 25 October 2021
This Campaign will be carried out by Admirals Group AS, (hereinafter also Admirals, in its global legal entities such as Admiral Markets Cyprus Ltd, Admiral Markets UK Ltd, Admiral Markets AS Jordan Ltd and Admiral Markets Pty Ltd).
1. General conditions and provisions
Through this Campaign, eligible clients will receive a 15-50% cash back on the typical spread for all eligible trades on selected trading instruments on the Trade.MT4 and Trade.MT5 accounts according to the following provisions:
1.1. Eligible clients (hereinafter also participants) are new and existing clients of Admirals with a proper registration on the landing page provided for the Campaign by Admirals.
1.2. Campaign participation is not linked to any new deposit, volume, or any other trading related circumstances. Nevertheless, should Admirals detect or have reasonable grounds to believe a client has made any manipulations, Admirals reserves the right, at its discretion, to exclude the client from participating in this Campaign completely.
1.3. Due to technical reasons, the cash back will be given afterwards as compensation of 15-50% on typical spreads on selected instruments (for more information see Appendix 1 and 2), on all eligible trades within the participation period.
1.4. Eligible trades are closed trades that were initially opened after the registration in the Campaign and with a length of at least 180 seconds before closing. There is an exception for Admiral Markets AS Jordan Ltd clients: the minimum length of the trade decreased to 1 second.
1.5. Participation period is a four-week period starting from the date of registration in the campaign, but not earlier than November 1, 2021 (for those clients who register in the campaign earlier). Registration for the Campaign closes for all clients on November 14, 2021. The campaign for all clients ends on December 12, 2021.
1.6. Spreads are variable for most of the trading instruments of Admirals. Nevertheless, only the typical spread as listed on www.admiralmarkets.com website in the "Contract Specification" section will be subject to the cash back, irrespective of the actual real spread. Please, be aware that in the case of special market conditions such as market-moving news, spreads can be much higher (theoretically unlimited)!
1.7. An eligible client could choose up to 2 trading instruments in the form of registration which participate in the Campaign. There is an exception for Admiral Markets AS Jordan Ltd clients: they could choose up to 3 instruments for participation in the Campaign.
2. Other provisions
2.1. Admirals will contact a client via appropriate communicational channels in case any clarifications are needed.
2.2. Admirals will process all the requests in the usual processing time within normal business hours.
2.3. Every client (in the case of corporate clients: every legal entity) may participate in this Campaign only once, in other words - only with one trading account (should be indicated in the Campaign registration form). If a client has multiple trading accounts with Admirals, the client must choose an account for the Campaign.
3. Cash back compensation
3.1. A client can receive a maximum of EUR 3,000 equivalent compensation during this Campaign. There is an exception for Admiral Markets AS Jordan Ltd clients: the maximum compensation equivalent is EUR 5,000.
3.2. The cash back compensation will be reimbursed no later the end of the following month after the expiry of the Campaign period for the eligible client.
3.3. Compensation means 15-50% cash back on the typical spread value of the trading instruments, as listed on www.admiralmarkets.com website in the "Contract Specification" section. The actual spread for order execution may be higher or lower; the cash back on typical spread will be compensated. Other cash backs because of less participation period, of lower amount of instrument used as offered, or for any other reasons, will not be proceeded.
3.4. Admirals has to, where necessary, refer to internal conversion rates at the time of calculation; Admirals is not required to use any other prior conversion rates.
4. Final provisions
4.1. Admirals reserves the right to change and/or terminate this Campaign at any time if deemed reasonably necessary without giving immediate notice to the participants. This may apply to individual participants or to all participants. Under no circumstances shall Admirals be liable for any consequences of any alteration, amendment, suspension, cancellation, or termination of the Campaign.
4.2. This Campaign cannot be understood as a motivation for trading and should not be considered as such. A client takes part in this advertising Campaign only if the client would like to trade foreign exchange and/or CFDs! Admirals does not want to stimulate anyone to trade more than usual or planned - the spread represents for many the order costs, and cash back compensation is mainly a kind of cost savings.
4.3. Simultaneous participation in several Campaigns of Admirals, including personal offers, is excluded. If a client wants to participate in this Campaign, while another campaign is still valid for the client, the client must opt for one of the campaigns and the other ends. In this case, confirmation from client service via e-mail is mandatory. Without such confirmation, participation in the "TradeDays" Campaign is not possible.
4.4. Simultaneous participation in this Campaign, as well as an ongoing affiliation to one of the various partners of Admirals, is not possible. If a client wants to participate in this Campaign, while the client’s membership is active, the client’s membership for the duration of the Campaign will be cancelled and continued later. The client acknowledges that this procedure always includes a full month or full months.
4.5. Admirals presumes mutual "fair play". If a client makes fraudulent intentions about the Campaign, doubts or otherwise wrongly "creep" or manipulate this Campaign, Admirals has at any time, at its own discretion, the right to exclude any client from the list of Campaign participants without being entitled to cash back compensation. Already paid compensation can be cancelled by Admirals.
4.6. Admirals always endeavors to define all conditions and rules clearly and unambiguously - should any condition not appear clear to a client, please contact Admirals’ client service for clarification. The relevant determination is solely at the discretion of Admirals.
4.7. The current trading conditions apply, they may change from time to time.
4.8. In addition, the General Conditions and Conditions of each of the Operational Companies of Admirals apply.
4.9. All the clients are obliged to pay all taxes solely in their own responsibility.
4.10. If any ambiguities or inconsistencies among the terms and conditions published in any languages and the English terms and conditions available at www.admiralmarkets.com, the English terms and conditions shall prevail, since interpretations or ambiguities can never be excluded completely.
4.11. Admirals is not responsible for any problems or technical malfunction of any telephone network or lines, computer online systems, servers, or providers, computer equipment or software, failure of any email or entry to be received on account of technical problems or traffic congestion on the internet, telephone lines or at any website, or any combination thereof, including any injury or damage to participants or any other person’s computer or mobile telephone related to or resulting from participation in the Campaign.
4.12. Admirals cannot accept any responsibility for any damage, loss, injury, or disappointment suffered by any participant entering the Campaign or as a result of accepting it.
All clients participating in this Campaign could choose up to 2 trading instruments from the following list which represents the bulk of the most traded instruments at Admirals. There is an exception for Admiral Markets AS Jordan Ltd clients: they could choose up to 3 instruments for participation in the Campaign.
|Group||Instrument||Typical Spread - as listed on www.admiralmarkets.com website|
|Index CFDs||DAX40||0,8 points|
|Commodity CFDs||Gold||20 points|
|Crypto CFDs||Bitcoin* (BTCUSD)||0.3%|
* Instrument is not available in Admiral Markets AS Jordan Ltd
Instruments not listed here cannot participate in this Campaign.
Pips: This is the common denomination in global currency trading as a unit of measure for a price change ("percentage in point"), usually the 4th decimal place is chosen. Exception: currency pairs with JPY, where a pip equals a change of 0.01.
TradeDays cash back percentage calendar:
|Period of trading||Cash back of the typical spread, %|
|1 Nov. 2021 - 22 Nov. 2021||15% сash back|
|23 Nov. 2021||20% сash back|
|24 Nov. 2021||25% сash back|
|25 Nov. 2021||30% сash back|
|26 Nov. 2021 - Black Friday||50% сash back|
|After 26 Nov. 2021**||15% сash back|
** For clients registered between November 2nd through November 14th