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Cashback promotion with Admiral Markets

TERMS AND CONDITIONS

Effective as of 1st March 2021

PLEASE READ THE FOLLOWING TERMS AND CONDITIONS (“TERMS”) CAREFULLY BEFORE PARTICIPATING IN THE ADMIRAL MARKETS CASHBACK PROMOTION (“PROMOTION”). PARTICIPATION CONSTITUTES YOUR ACCEPTANCE OF THESE TERMS. THESE TERMS SHOULD BE READ IN CONJUNCTION WITH THE TERMS & CONDITIONS ON INVESTMENT SERVICES AND OUR PRIVACY POLICY.

1. PROMOTION OVERVIEW

1.1. The Promotion is organised by Admiral Markets AS Jordan (“Company”) and will run for unlimited period of time during which the client is making trades at one of the following account types:

  • Trade.MT5
  • Zero.MT5
  • Trade.MT4
  • Zero.MT4

1.2 As a result of the client’s trading activities during the month, the rebate rate in the amount of 1 USD per million USD of notional volume will be credited to the client’s accounts automatically during 5 first calendar days of each reporting month.

1.3 For participation in the promotion the client needs to register a Trader’s Room, open one of the following live accounts - Trade.MT4, Trade.MT5, Zero.MT4 and Zero.MT5, make a deposit and start making trading operations.

1.4 The client doesn’t need to claim the reward or make any specific actions to get it - the Company will provide a rebateto the client’s trading account automatically during 5 first working days of each reporting month.

2. ELIGIBILITY CRITERIA

2.1 The Promotion is available for all clients aged 18 years or over who:

2.1.1 Have successfully registered a live trading account by providing the necessary identification documentation;

2.1.2 Are eligible to trade as per Company’s onboarding Client Agreements; and Have agreed to these Terms.

2.2 Both new and existing clients may participate in the promotion;

2.3 Both customers, as individuals and legal entities may participate in the promotion.

3. ADMIRAL MARKETS CASHBACK PROMOTION RULES

3.1 These T&Cs are applicable to the following trading instruments, based on the Contract Specifications:

  • Currencies
  • Commodities
  • Indices

3.2 The rebate rate is equal to 1 USD per million USD of notional volume.

3.3 Amount of funds received on the balance of the client’s trading account as a rebate is fully available for further trading activities and withdrawal.

3.4 Rebate according to the monthly trading volume is calculated on the basis of closed positions.

3.5 If the specific position is opened for more than a month, then the rebate for this position will be calculated only after the trading session in which it will be closed.

3.6 Each trading account can have only one active bonus at a time and each trading account can participate only in one promotion provided by the Company at the same time.

3.7 There is no minimum deposit requirement for participation in the Admiral Markets Cashback Promotion.

3.8 Positions with duration less than 15 minutes or with profit/loss values less than two typical spreads of the traded instruments as well as positions on single share CFDs and ETF CFDs will not be taken into consideration for calculation the rebate amount. 

3.9 If the Client places a withdrawal request or the request for the internal transfer, the rebate will not be removed from his trading account. 

3.10 Any profit earned (including floating Profit/Loss) via trading with the Promotion can be kept and withdrawn in accordance with withdrawal of funds procedure. Withdrawal fees apply.

3.11 The Client acknowledges that any indication or suspicion of any form of abuse, fraud, manipulation, in the Company’s reasonable discretion, may lead to such account’s disqualification from participation in the Promotion.

3.12 The Company reserves the right to decline registration and cancel the cashback payout of any client in the Promotion and/or disqualify any participant from the Promotion who violates or abuses these Terms or Company’s Terms of Business, and where necessary:

(a) withhold, cancel and/or subtract rebate from the Client’s account(s); 

(b) terminate Client’s agreement with the Company; 

(c) block Client’s account(s) due to abusive behaviour, including but not limited to: 

(d) when the Client, acting himself or with others, open trading position(s) which has the purpose or effect of extracting the rebate provided and/or profits generated by the Promotion, without exposure to economic risk, including without limitation, loss of the Promotion or your capital (or capital of others); 

(e) where the Client, acting by himself or with others, hedge 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 accounts held with the Company) or externally (using other trading accounts held with other brokers).

3.13 The Company will not be liable for any adverse effects where an account has open positions or floating profit/loss which results in the Promotion being removed for any reason.

4. GENERAL TERMS

4.1 The Admiral Markets Сashback promotion starts from 01.03.2021 and is valid until further notice from the Сompany’s administration. 

4.2 The Company reserves the right to cancel or amend the Promotion and these Terms without prior notice. Any changes to the Promotion will be notified to participants as soon as possible via the client’s registration email. Under no circumstances shall the Company be liable for any consequences of any alteration, amendment, suspension, cancelation or termination of the Promotion. 

4.3 By participation in the Promotion, each participant declares and consents to the processing of his/her personal data collected and used by the Company to process them through automated and/or non-automated means. The personal data of the participants will be retained and used in accordance with the Company’s Privacy Policy. 

4.4 The Company cannot accept any responsibility for any damage, loss, injury or disappointment suffered by any participant entering the Promotion or as a result of accepting the Promotion. 

4.5 The Company 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 Promotion.

4.6 The Company will not accept any responsibility for the damage, loss, injury or disappointment suffered by any participant of the Promotion. 

4.7 Notwithstanding the translated language of these Terms, the English wording shall be binding in the event of discrepancy between the two languages.

Feel free to contact us in case of any question or feedback:

Internet: https://www.admiralmarkets.com?regulator=jsc

Phone: +962 (6) 4009100

E-mail: jordan@admiralmarkets.com.

Admiral Markets AS Jordan

Time Centre Building, Eritrea Street, Um Uthaina, Amman, Jordan