Forex/CFDs Bonuses Policy

1.     Trade Propel (the “Company”) may elect to grant a benefit to Clients by depositing bonus amounts in the Client's trading account, subject to certain terms and conditions as shall be determined by the Company, at its sole discretion. Such bonus amounts may not be withdrawn by the Client, unless the Client complies with the applicable trading requirements as may be amended from time to time or as communicated to the Client.

2.     To qualify for any of the Company’s Bonus Promotions you must:
a.   be a new client of Trade Propel Limited (“LCC”);
b.   the account should be approved by the Compliance Department;
c.   have accepted the bonus and all the Bonuses Terms & Conditions
NB: You are required to accept the Bonus Terms & Conditions
Upon fulfilment of all the conditions in point 2 hereinabove the bonus will be applied automatically to your trading account within one (1) business day.
If you do not wish to receive the bonus or cancel it, you may notify the Customer Support Department of your wish via email to the following email address: [ info@tradepropel.com].

3.    Welcome Bonus
A welcome bonus of $50 is available for each client who opens an account with the Company and undergoes verification and becomes fully compliant. The Bonus is immediately available for trading and does not depend on deposits. You can withdraw only the profit produced from the bonus and your deposit. Example - you deposit $100 and get $50 bonus, you make $12.5 profit, you can withdraw $112.5 (upon withdrawal the bonus is removed). The Bonus expires after one month.

Clients will be able to receive the welcome bonus as soon as they complete the registration and compliance, except for Clients residing in Restricted Jurisdictions mentioned in the Retail Client Agreement and also in any of the following jurisdictions:
Algeria, Anguilla, Azerbaijan, Bahamas, Bangladesh, Bermuda, Bhutan, Bolivia, British Indian Ocean Territory, Brunei Darussalam, Burundi, Canada, Cambodia, Cameroon, Central African Republic, Chad, Colombia, Comoros, Djibouti, Dominica, Dominican Republic, Egypt, Equatorial Guinea, Ethiopia, Faroe Island, Gabon, Gambia, Grenada, Guinea, Guinea Bissau, India, Indonesia, Jersey, Kenya, Korea North, Korea South, Kyrgyzstan, Lao people Democratic Republic, Lebanon, Lesotho, Liberia, Libya, Macao, Madagascar, Malawi, Marshal Islands, Mayotte, Mongolia, Morocco, Mozambique, Namibia, Niger, Nigeria, Pakistan, Philippines, Russian Federation, Rwanda, Saint Kitts and Nevis, Saint Lucia, Samoa, Sao Tome and Principe, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Suriname, Tajikistan, United Republic of Tanzania, Togo, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Ukraine, United States, Uzbekistan, Vietnam, Zambia, Zimbabwe.

4.     First-Time Deposit bonus is available when you are fully registered and you have deposited for the first time the minimum amount. You will be able to trade the bonus only after you have traded with your deposit. You will automatically accrue the bonus to your equity according to the table below.

You can withdraw the bonus only if you have reached the trading volume required for the entire amount of the bonus granted to you ($10,000 in volume for every one dollar of bonus). All this needs to happen in 30 days.

5.     Pending Bonus available when you reach an set amount of points in a predefined period of time.

The Bonus cannot be withdrawn until the Criteria, for pending bonuses below have been met:

a.     To be eligible to withdraw the bonus you must generate the required trading points as follows:
Required Trading Points = (USD Amount of Order/1000) X Coefficient of the instrument traded
b.     The trading points requirement must be achieved within the given timeframe from the Company

The bonus is in “pending” status until you reach the required number of points within the predetermined time frame. The points are allocated only after you have accepted the Terms and Conditions. Once you reach the number of points required within the set time frame then the bonus is added to your account balance without any restrictions.

6.     If you sustain trading losses in your account, those losses will be firstly deducted from your deposit. This also applies if you make further deposits after you have received the bonus.
If you withdraw funds prior to meeting the Criteria the bonus will be removed. For the avoidance of any doubt, profits accumulated from own funds or accrued from the use of the bonus are withdrawable in full amount as per the below example.
Where you have incurred losses upon making a withdrawal request and prior to meeting the Criteria, all losses will firstly be applied to your deposited funds and the remaining balance excluding the bonus will be available for withdrawal.

 
7.     If you do not meet the volume criteria described above in 4a within the Timeframe, LCC reserves the right to remove the bonus, or such proportion as is available for removal, without providing any notice to the Client.

8.     You will be able to identify at any time your Withdrawable Equity, your Bonuses Balance and the days available until the Timeframe expires.

9.  If your account balance reaches zero, the Criteria will cease to apply and normal trading protocol will take effect.

10.   From time to time, the Company may offer additional bonus promotions, which will be offered to you based on certain pre-defined criteria and at the Company’s sole discretion. If you are eligible to receive such bonus, a relevant email notification will be sent to you.

11.  The relevant bonus becomes available for withdrawal as soon as you satisfy the required minimum trading volumes determined hereinabove. If you are participating in more than one bonus promotions simultaneously, the Criteria operate as follows:
a.     trades placed following receipt of the bonus are allocated towards the withdrawal Criteria that relate to the specific bonus until completely fulfilled;  
b.     subsequent trades will be allocated to any other bonus criteria once the initial Bonus Criteria have been met in full. Bonus withdrawal criteria are therefore met in chronological order. This principle applies regardless of the number of offers or bonuses you may be participating in simultaneously.

12.  If you make any additional deposits while you are participating in a bonus offer, subsequent deposits will not count towards the Criteria for already received bonuses.

13.  The bonus and any other bonuses will be immediately revoked from Clients who appear to be in abuse of the spirit of this offer. LCC reserves the right to cancel/remove a bonus at any time in case of any suspected abuse of the offer.
“Abuse” and “Abusive Behaviour” includes, but is not limited to:

1. the opening of multiple accounts to claim multiple bonuses,
2. the Client by himself or in collusion with others behaving in a manner that may be deemed that the sole intention is to extract the bonus,
3. trading activity patterns that suggest fraud, manipulation, cash-back arbitrage or attempts to garner risk free profits by making use of the bonus.

Further, where any single term of the bonus offer is breached or where there is any reasonable suspicion by LCC that a Client has acted fraudulently or has obtained an unfair or unintended advantage, LCC reserves the right to cancel any attempted withdrawal of profits, temporarily or permanently close or suspend the account(s) that have been deemed abusive, cancel any orders and all profits. Under these circumstances LCC shall not be held liable for any consequences of bonus cancellation, including but not limited to cancellation of orders and closure of positions. 

14.  LCC is the sole arbiter of these Bonus Terms and Conditions and any other issue arising under this promotion. Exceptions to these are at the sole discretion of LCC’s management, and any decisions to this effect are final. LCC reserves the right to amend, withdraw or restrict this offer at any time without any notice to the Client.

15.  LCC will not be held liable for any losses incurred by you because of your trading in relation to this offer.  There is a substantial risk that you may lose all your initial investment.

 

Refer a Friend Award

The Refer a Friend (“RAF”) program allows an existing client (the "Referrer") to encourage friends ("Friends") to sign up for an account (the "Promotion"). By participating in the Refer a Friend program, you acknowledge that you have read, understood, and agree to be bound by the RAF Rules.

Eligibility: The Offer is only available to Trade Propel (the “Company”) clients referring Friends who have never held an account with any of the brands of the Company. A client cannot refer themselves and you can only refer a person once. The referrer must complete the full registration process and make a minimum deposit of at least 100 USD

Award: For each of your Friends that participates in the Promotion under this program, the Company will credit the Referrer trading account based on the following schedule:

 

You will be able to trade the bonus only after you have traded with your deposit. You can withdraw the profit you make from the bonus ($10,000 in volume for every one dollar of bonus), only if you have reached the trading volume required for the entire amount of the bonus granted to you. All this needs to happen in 30 days.

Conditions: The Friend must be over 18 years old and the “Referrer” must believe he or she would like to be contacted by the Company. To receive the Bonus, the Friend must deposit the minimum amount quoted
The Promotion is intended for trading with the brands of the Company and we reserve the right to exclude you from the scheme and deny payments in cases of promotion abuse or if the client does not meet the Company’s account opening procedures. This offer cannot be used in conjunction with any other promotional offer.

The Company reserves the right to disapprove of a referral account if it determines that any of the following conditions apply; i) the referred client is a pre-existing client ii) the account is managed by a third party iii) the referred client is an immediate family member iv) the account is referred by an introducing broker v) the referred client did not come from the relevant link on the websites

Persons who may be referred: You may only refer this Promotion to individuals with whom you have a personal or business relationship and whom you believe would like to receive the Promotion. Without limiting the generality of the foregoing, you may not submit for referral i) group email addresses ii) email mailing lists, or iii) yourself.
A "Friend" will only be deemed to have participated in the "Promotion" for the purposes of these Program Rules at the time that he or she receives approval for the account application, funds their account with the amount quoted (or the same amount in base currencies) and completes the required trades.

Currency: All amounts will be paid in the base currency your account is held.

Bonus Disclaimer
Bonuses are offered exclusively based on the management’s discretion. While bonuses have some advantages, you do not have to accept them. Bonuses require a trading turnover which might be beyond your reach. You are advised not to accept any bonuses unless you understand Bonus Terms and Conditions and you are committed to trading over a long period.