OTX Forex promotes Cash rebates to all its activated new Clients, subject to the terms and conditions contained in the present document.
The duration of the offer is from 1st August till 31st August 2022.
By opening a trading account during the term of this Offer, the Client acknowledges that he has read and agreed to be bound by these terms and conditions as well as by the OTX Forex Trading Terms and Conditions.
To be eligible for the Cash Rebate, the Client must maintain a trading account with OTX Forex for at least one month after the initial deposit.
The Client must send a Cash Rebate offer request email to [email protected] and state his/her full name and Account number. After approval, the client will receive the cash rebate.
The cash rebate will be calculated on basis of all traded standard lots during the offer period of 1st August till 31st August 2022 and will be processed to all eligible accounts in the first week of September 2022.
Cash Rebate for each client is calculated and applied as per the table below:
From 1 lot - 50 lots Cash Rebate of USD 4/lot
From 51 lots - 100 lots Cash Rebate of USD 5/lot
From 101 lots - 200 lots Cash Rebate of USD 6/lot
From 201 lots - 500 lots Cash Rebate of USD 7/lot
Over 500+ lots Cash Rebate USD 10/lot
The Cash Rebate offer is limited to one account per client, regardless of the number of accounts that the Client holds with OTX Forex. The client’s trading account will not be credited with the Cash Rebate if that account is already subject to another promotion.
This Cash Rebate offer is not applicable for the client(s) registered as an OTX Forex IB.
Open trades will not be included in the calculation of the Cash Rebate. The minimum difference between opening and closing a trade should not be less than 5 pips and 5 minutes (both conditions to be met), to be eligible for a cash rebate.
The Cash rebate will be credited into the qualified Client’s trading account after all the requirements set in these terms and conditions are met.
OTX Forex is offering this Cash Rebate to its clients on the condition that the client complies with the terms and conditions at all times, acts in good faith to this offer, and should not abuse this offer.
If OTX Forex suspects or has reason to believe that a client (whether individually or as a part of a group) has failed to comply with the terms and conditions of this Cash Rebate offer, OTX Forex is entitled at its sole discretion to (i) deny, withhold or withdraw from the client the bonus (ii) to block the Client’s account (iii) to terminate the Client’s access to OTX Forex services (iv) to terminate the contract between OTX Forex and the Client’s account (v) to cancel any profits generated by abusing the terms and conditions.
OTX Forex has the right to unilaterally modify, change or terminate this offer or any of the terms and conditions of this offer, or any policies it applies in the exercise of its discretion under this offer at any time, without the client’s consent.
The Client acknowledges that Forex and Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Please ensure you fully understand the risks involved, seeking independent advice, if necessary, and prior to entering into such transactions
The English version of this document shall supersede, in the incidence of any discrepancy in the terms of this offer, once translated into other languages.
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