Deposit Bonus Clause Samples
A Deposit Bonus clause outlines the terms under which a party receives an additional financial incentive, typically a bonus, upon making a deposit. This clause specifies the conditions that must be met to qualify for the bonus, such as minimum deposit amounts, eligible payment methods, or timeframes for making the deposit. Its core function is to encourage prompt or larger deposits by offering a tangible reward, thereby incentivizing desired financial behavior and clarifying the requirements for receiving the bonus.
Deposit Bonus. The given bonus is provided by the Company to the clients when the Client deposits his/her account. The amount of the bonus is defined by the Company as a percentage of the amount of the money which the Client deposits. The given bonus presupposes the following volume of trade by the client. Each 1000$ of bonus money the volume of trade must reach: 10,000,000$ volume of trade for each bonus 1,000$ for the total bonus of up to 10000$; 20,000,000$ volume of trade for each bonus 1,000$ for the total bonus of 10000$ to 30000$; 30,000,000$ volume of trade for each bonus 1,000$ for the total bonus of more than 30000$. In case the Client has two or more accounts in the Company, trading volume for the bonus must be reached for each account in accordance with the amount of the bonus transferred and trading volume of all deals made on these accounts. In case the Client has several bonuses the withdrawal of the bonus and the income from trading activities is not allowed until the volume of trade is reached. The volume of trade does not include the transactions which are opened in the mixed way, scalping transactions, and transactions which last less than three minutes. In case there is no trading activity on the account during any period longer than three months from the moment the bonus is deposited and till the moment the volume of trade must be reached, the company has the right to debit the bonus money as well as the whole income on the account of the client for the given period without any notice or agreement with the client. In those cases when during any period more than 3 months from the day the bonus is credited until the volume of trade condition is fulfilled: – there is no activity on the Client’s trading account; – the current balance of the Client’s account (with opened positions) does not exceed the amount of the bonus received from the Company; the Company has the right to debit bonus funds, as well as all income received on the Client’s account with bonus funds without warning and without receiving any consent from the Client. In case there are any suspicions of the fraud with the purpose to reach the necessary volume of trade or use of the bonus, the trading account of the client can be adjusted. The withdrawal of the bonus and the income from trading activities is not allowed until the volume of trade is reached. When the volume of trade is reached, the whole balance of the account together with the bonuses, deposits and income can be withdrawn with...
Deposit Bonus. The Client may receive a bonus (the “Bonus”) in the amount of each deposit of percentage of up to 15%. The bonus percentage is subject to the amount of the deposit (Account Base Currency) as this is defined below *:
Deposit Bonus. (Pending Bonus)
(a) Subject to the deposit method, bonuses receive instant or managers’ approval. Bonuses subject to managers’ approval will only be visible in your bonus wallet once approved.
(b) Some bonus promotions might include a time window for which new deposits are eligible to receive a bonus and shall accordingly be announced in the terms of the respective promotion. In case no specific time window is stipulated, all deposit requests have to be received within the first 24 hours the first deposit was approved under the respective bonus promotion to be eligible for a bonus.
(c) The respective bonus promotion shall indicate the bonus to be granted with each approved deposit. In case no specific terms are issued, the bonus shall be 30%.
(d) The required trading volume is based on the cumulative bonus amount and updated each time a bonus is issued.
(e) Your bonus will be automatically released to your account balance when your leveraged trading volume reaches a specified multiplier on the granted bonus within a period of 60 days. In case the respective bonus promotion does not stipulate different terms, this multiplier shall be USD 10,000. For example, if you have a bonus of USD 300, you need to trade a total volume of USD 3,000,000 for it to be released. If you are subsequently granted another bonus of USD 200, your required trading volume will be USD 5,000,000 to release all bonus funds.
(f) When the bonus is released, it will be automatically credited to your account balance and can be withdrawn immediately.
(g) Bonus funds cannot be used for trading until they are added to your account balance.
(h) The bonus wallet cannot exceed USD 10,000 unless otherwise stipulated in the respective bonus promotion.
(i) Deposited funds (excluding the bonus) can be withdrawn at any time.
(j) The Company reserves its right to amend and/or cancel the conditions of its bonus promotions at any time and it shall be the responsibility of the Client to update himself accordingly. By continuing to participate in the bonus promotions you agree to their terms and conditions.
Deposit Bonus. When a Qualified Customer makes a deposit into a Qualified Account, Streetbeat will provide a Bonus Reward of up to $5,000.00. Streetbeat will award Bonus Rewards according to the following table: 0 50.00 – 99.99 10.00 1 100.00 – 499.99 20.00 2 500.00 – 1,999.99 25.00 3 2,000.00 – 9,999.99 40.00 4 10,000.00 – 24,999.99 120.00 5 25,000.00 – 49,999.99 270.00 6 50,000.00 – 99,999.99 500.00 7 100,000.00 – 499,999.99 1,020.00 8 500,000.00 – 999,999.99 2,500.00 9 1,000,000.00 + 5,000.00 There are no limits to the number of deposits or withdrawals a Qualified Customer may make into a Qualified Account during the Promotional Period. The amount of each additional deposit or withdrawal made by a Qualified Customer into a Qualified Account will be combined with the aggregate amount of the previous deposits or withdrawals made by the Qualified Customer. In the event that a Qualified Customer makes an additional deposit or withdrawal and the Net Deposit Amount reaches or falls to a new Bonus Level, Streetbeat will deposit or subtract the difference between the Bonus Reward associated with the new Bonus Level and the previous Bonus Level achieved. At the end of the Promotional Period, the Qualified Customer will not receive or lose any Bonus Rewards for deposits and withdrawals. Every reward for a new Bonus Level will have 180 days holding period from the day of assigning. The Bonus Reward will increase or decrease based on the net between deposit and withdrawal during that time.