BONUS POLICY
1. Trading Bonus at tradesmarter.com
To help traders starting out in binary option trading online, tradesmarter.com offers a variety of bonuses and promotions to depositing customers. Every bonus is meant to give traders an extra boost to their trading experience. Let's have a look at how they work and how you can get them.
2. Pending Bonus (Cash Back)
tradesmarter.com may, from time to time and at its sole discretion, offer trading bonuses to specific traders. The trading bonus will be deposited into your account pending a trading volume (after receiving the bonus) of twenty times the sum of the bonus plus deposit amount for any bonus up to 50%. For example, if you deposit US$5000 and receive a Bonus of US$2500, the bonus will be released into your account after trading a volume of US$150,000. All bonuses meeting the trading volume requirement will be added upon support approval. For any bonuses between 51% - 100%, the volume required will be twenty five times the sum of the bonus plus deposit amount. For any bonuses between 101% - 200%, the volume required will be thirty times the sum of the bonus plus deposit amount. For any bonuses above 201% the volume required will be thirty five times the sum of the bonus plus deposit amount.
You may withdraw your funds at any time prior reaching the volume traded needed for receiving the bonus.
3. First Trade Risk Free Bonus
tradesmarter.com may, from time to time and at its sole discretion, offer trading bonuses of 10-50% of the deposit amount (with the maximum bonus offer being $1000) to specific traders so they can open their first position using the bonus money. The First Trade Risk Free feature offers clients their money back if their first trade expires out-of-the-money. When the trade expires out-of-the-money, the bonus will be exercised and the investment amount is automatically added back to the client's balance without needing to contact support.
The First Trade Risk Free bonus is granted only upon the first trade that is placed.
The First Trade Risk Free bonus will not be applied and will be automatically canceled in the following cases:
a. the client uses the sell back feature for the first trade
b. if the client chooses an investment amount higher than the First Trade Risk Free bonus
You may withdraw the Bonus only after reaching a trading volume (after receiving the bonus) of thirty times the First Trade Risk Free investment amount. For example, if you deposit US$5000 and receive a First Trade Risk Free Bonus of US$1000, the bonus will be eligible for withdrawal after trading a volume of US$30,000 is reached.
4. Immediate Cash Bonus
tradesmarter.com may, from time to time and at its sole discretion, offer trading bonuses to specific traders as immediate cash into the account balance, allowing the clients to use this bonus for trading immediately.
You may withdraw the Bonus only after reaching a trading volume (after receiving the bonus) of thirty times the sum of the cash bonus and deposit amount. For example, if you deposit US$5000 and receive a Cash Bonus of US$2500, the bonus will be eligible for withdrawal after trading a volume of US$225,000 is reached.
In the case of requesting a withdrawal when the required trading volume has not been reached or in the case the client requests to close the account, the cash bonus and associated profits will be canceled and only the original deposit may be withdrawn.
5. Trade Insurance Bonus
tradesmarter.com may, from time to time and at its sole discretion, offer trade insurance bonuses to specific traders. The Trade Insurance bonus allows clients to be covered on any losses when they trade a volume of up to 50% of the deposit amount, regardless of the profit level. For example, if a client deposits $5000, the client will be covered on out-of-the-money trades for the first $2500 volume traded in addition to receiving profit on in-the-money trades.
You may withdraw the Bonus only after reaching a trading volume (after receiving the bonus) of fifteen times the deposit amount. For example, if you deposit US$5000 and receive a trade insurance bonus, the bonus will be eligible for withdrawal after trading a volume of ($5000 x 15) is reached.
In the case of requesting a withdrawal when the required trading volume has not been reached or in the case the client requests to close the account, the trade insurance bonus and any profit from the point the bonus was granted will be canceled and only the original deposit may be withdrawn.
6. General Terms for all Bonuses
tradesmarter.com reserves the right to set, alter and/or annul the criteria for bonus eligibility at its sole discretion. tradesmarter.com will make public the policy under which you will be entitled to withdraw any bonuses received by you, and may change, enhance, narrow or annul said policy at any time.
tradesmarter.com may, from time to time, offer refunds to customers who suffered losses using the service. Any refund will be offered solely at tradesmarter.com’s discretion, and regardless of any such refund offered to anyone, including you, you will not have a claim for, and may not rely on being offered, a refund of any sort.
Any indication or suspicion of fraud, manipulation, cash-back arbitrage, or other forms of deceitful or fraudulent activity in a client account will result in nullification of all previously granted bonuses and/or any and all transactions carried and/or profits or losses garnered therein. In these circumstances, tradesmarter.com reserves the right, at its sole discretion to close or suspend (either temporarily or permanently) all such client accounts.
7. Terms & Conditions
CAUTION: PLEASE CAREFULLY READ ALL TERMS & CONDITIONS BELOW BEFORE ACCEPTING A BONUS. YOU ARE NOT REQUIRED TO ACCEPT A BONUS. A TRADING BONUS IS OPTIONAL FOR ALL ACCOUNT HOLDERS. EVERY BONUS REQUIRES A TRADING TURNOVER BEFORE ANY WITHDRAWAL OF BONUS FUNDS IS MADE BY THE ACCOUNT HOLDER. BY ACCEPTING A BONUS YOU ARE AGREEING TO THE TERMS AND CONDITIONS BELOW. ALL BONUS INSERTIONS ARE FINAL.
Bonuses and benefits shall be credited to the client's account subject to compliance with the terms of the offer made to the client, e.g. making minimum deposits and/or purchasing a minimum amount of options within a specified time period.
tradesmarter.com urges its clients to take part in the offers, but to refrain from abusing them. Abusing any of the offers could lead to cancellation of the bonus/benefit and closure of the client's account on the tradesmarter.com website.
The bonuses/benefits must be used within the period defined in the details of the special offer. Should the bonus/benefit fail to be used within this time frame, the bonus/benefit will be withdrawn from the client's account.
tradesmarter.com reserves the right to revoke the bonus/benefit should the special offer be abused and/or should the offer's terms fail to be met. tradesmarter.com decision - should this be the case - shall be final. tradesmarter.com reserves the right to revoke or change the offers at any time without prior notice.
Once the bonus has been inserted into the trading account, it cannot be returned or removed under any circumstance. tradesmarter.com brokers do not have the ability to remove the bonus. All bonus insertions are final.
By accepting a bonus into your account, you are agreeing to the terms and conditions above.
If the required turnover is not met when making a withdrawal request – any bonus will be automatically canceled.
NOTE: tradesmarter.com DOES NOT RECOMMEND TAKING A BONUS UNLESS YOU KNOW HOW TO MAKE IT WORK IN YOUR ADVANTAGE AS LEVERAGE.
Last updated on 22-August-2013
PLEASE PRINT OFF AND RETAIN A HARD COPY OF THIS AGREEMENT FOR YOUR RECORDS.