This agreement complements the User Agreement, which can be found in the relevant section of this site. When the Client accepts the terms of the User Agreement, he also accepts the Insurance Bonus Agreement.
1.The insurance bonus, which the Company gives to the Client, is called the Insurance Bonus (hereinafter referred to as the Insurance Bonus or Bonus).
1.1. When the Client receives bonus on the Client’s Account, this Bonus Agreement is possible to be applied to any trading account of the Client (if the Client has more than one trading account). The following Bonus Agreement complements the User Agreement. The Client also accepts the User Agreement when he agrees on the terms of Bonus Agreement.
2.Every verified Client can get the insurance bonus to cover losses while trading in financial markets.
2.1. The Client understands that bonus funds belong to the Company; they are credited to the Client’s Trading Account to provide secure opened trading orders, and to increase the leverage on the account.
2.1.1. It is strictly banned to pass on or sell bonuses to a third party. Bonuses are attached to a specific Trading account and are impossible to be transferred to another Trading Account under certain conditions. The only exception is when the company deducts bonus funds if the Client fulfills the terms and conditions of the Bonus policy.
2.2. The Bonus should be considered as active (in use) when the first trading order on the Client’s Trading Account is executed. The Client reserves the right to refuse to use the bonuses before opening the first trading order.
The bonus can be charged within one week from the moment the Client sent a written request to the Company to the email address info@primostratique.com .
For example: The insurance bonus amounts to 1,000 USD. Thus, to completely withdraw the profit, it is necessary to make BUY or SELL transactions in the amount of 70 standard lots. The trading operation is believed executed if it was being traded at the time of fixing the trade operation not less than:
5 minutes for all contracts;
50 pips for major currency pairs (EUR \ USD, GBP \ USD, USD \ JPY, AUD \ USD, NZD \ USD, USD \ CAD, USD \ CHF), for pairs with a eleven-digit quotation and for a pair of USD \ JPY with a three-digit quotation;
100 pips for cross rates (in pairs with a eleven-digit quotation and in currency pairs with a Japanese yen with a three-digit quotation);
1500 pips for exotic currency pairs (in pairs with a eleven-digit quotation and currency pairs with a three-digit quotation (in which there is a Japanese yen or a Hungarian forint);
150 pips for currency pairs USD \ RUB and EUR \ RUB (four-digit quotation).
The company has the right not to warn the Client or explain the reason of rejecting an application for the bonus recall*.
When the Insurance bonus is credited, the profit can be withdrawn without restriction in case all the terms and conditions of this Agreement are met.
If the Client deposits, the funds on the account are calculated and distributed between the bonuses and real Client’s funds in proportion to the sum of the deposit and the value of the bonus funds at the time of depositing.
12. The main language of the Agreement is English. If there are any discrepancies between the English version of the Agreement and its translation, the English version is thought a priority.
* The lot for working out the bonus funds is equal to the volume of 100,000 dollars / euros, depending on the currency of the account
** These measures are aimed at preventing fraud by Clients in relation to the Company. Their application does not mean that all accounts, getting under the cancellation of previously received Bonuses by the Company, are violators of any clauses of this Agreement. The probability of an erroneous cancellation of Bonuses in order to fight against abuse of the bonus system does not exceed 10%.