No Commission Offer for Stock CFDs
TERMS & CONDITIONS
Effective as of 13th July 2021
1. General terms
1.1. No Commission Offer is arranged by Admiral Markets AS Jordan Ltd (hereafter “Admirals”) for its clients (hereafter “Participants”) according to Terms & Conditions outlined herein.The client will undertake this Offer with the relevant legal documentation as general Terms of Business/Terms & Conditions of Admiral Markets AS Jordan Ltd.
1.2. Participants of the offer have the opportunity to trade Stock CFDs on their Trade.MT4 and Trade.MT5 account types with no transaction commission (hereafter “Offer”) on a daily basis. The no commission terms are set up for all Trade.MT4, Trade.MT5 Live accounts from the date of the start of the Offer. All new and existing clients will take part in the Offer automatically, no additional registration is required.
1.3. The trading day starts at 00:00:00 and ends at 23:59:59 in the MetaTrader platform time zone, which is Eastern European Time (EET).
2. Trade.MT4 account type terms
2.1. The Offer will be applied to the first 3 (three) trades. Round-turn trade is opening and closing of the same position. The standard commission will apply to all following trades. Other fees may apply as per the Contract Specification.
2.2. The Offer is eligible for all stock CFDs of the US and European markets.
2.3. Any partial closing of the position counts as a separate trade and decreases the daily limit of no commission trades.
2.4. Any Stock CFD position opened before the start of the Offer will have a commission (as it was charged for 2 sides at the time when the position was opened). This commission will not be compensated if the position is closed during the Offer.
2.5. If the position is opened within the Offer period, the commission to close it will be 0 (zero) even after the end of the Offer.
3. Trade.MT5 account type terms
3.1. The Offer will be applied to the first 6 (six) one-side deals. One-side deal is opening or closing of any position. The standard commission will apply to all following deals. Other fees may apply as per the Contract Specification.
3.2. The Offer is eligible for Stock CFDs from the US, UK, and EU markets. ETF CFDs and Stock CFDs from Japan and Australian exchanges are not included into the Offer.
3.3. Any partial closing of the position counts as a separate deal and decreases the daily limit of no commission deals.
3.4. Only deals executed during the Offer will be subject to no commission deals. Closing of positions opened within the Offer period will be subject to the Admirals’ regular commission rates after the end of the Offer.
4. Final Provisions
4.1. Admirals reserves the right to cancel or amend the Offer and these Terms & Conditions without prior notice. Any changes to the Offer will be notified to Participants as soon as possible. Under no circumstances shall Admirals be liable for any consequences of any alteration, amendment, suspension, cancellation or termination of the Offer.
4.2. Admirals reserves the right to change limits of no commission trades or list of instruments to which this Offer applies, as well as any other conditions of these Terms & Conditions.
4.3. By participation in the Offer, each Participant declares and consents to the processing of his/her personal data collected and used by Admirals to process them through automated and/or non-automated means.
4.4. Admirals cannot accept any responsibility for any damage, loss, injury or disappointment suffered by any participant entering the Offer.
4.5. In the event of any dispute or misinterpretation of the applicable Terms & Conditions set out above, such dispute or misinterpretation will be resolved as Admirals deems appropriate. The decision of Admirals is final and binding.
4.6. By participation in the Offer, each Participant acknowledges that he/she has read, understood and agreed on these Terms & Conditions as well as the client agreement and all other general Terms & Conditions of Admirals and agrees to them.
4.7. The Offer is not and should not be construed as legal, tax, investment, financial, or other advice. In addition, nothing contained in the Offer constitutes a solicitation, recommendation, endorsement or offer by Admirals or any third party to buy or sell any financial instruments.
4.8. Notwithstanding the translated language of these Terms & Conditions, the English wording shall be binding in the event of a discrepancy between the two languages.
Risk warning: Trading in securities or CFDs (contracts for difference) on margin carries a risk and may not be suitable for all investors. There is a possibility that you may sustain a loss equal to or greater than your entire investment. Therefore, you should not invest or risk money that you cannot afford to lose. Before using Admiral Markets AS Jordan Ltd services, please acknowledge all of the risks associated with trading.