Black Week 2023 Cashback Terms & Conditions

§1 General Provisions

1. The organizer of this promotion is SimpleFX Ltd, registration number 22361, Beachmont Business Centre, Suite 404, Kingstown St. Vincent and the Grenadines.
2. The promotion takes place on SimpleFX trading platform.
3. The Promotion starts at 12:00:00 UTC on November 20, 2023 and ends at 23:59:59 UTC on November 27, 2023.
4. Before entering the Promotion, the Participant is obliged to read the general terms and conditions of use of the SimpleFX platform and the affiliation agreement.
5. Participant’s participation in the promotion means that he/she accepts the rules of the Promotion contained in this document.
6. Every registered SimpleFX client is entitled to take part in the Promotion.
7. Only Qualified Traders will receive the spread cashback.

§2 Definitions

1. “Black Week” will be called “Promotion” in these terms and conditions.
2. “positive net deposit” means that the difference between the total deposits and total withdrawals is in plus.
3. Qualified Trader means Simplefx user who joined the Promotion and fulfilled its conditions.
4. Affiliates of a Qualified Trader means a user who registered on Simplefx platform using the affiliation link of Qualified Trader or user who became Qualified Trader.
5. First deposit means first deposit made by a particular user since SFX Coin is available for traders on the SFX platform.
6. First trade means first trade made by a particular user since SFX Coin is available for traders on the SFX platform.

§3 Promotion Program

1. All spread calculations are based on the Liquidity Providers Spread from the Symbols Specification from this link.
2. Qualified trader qualifies for cashback if he:
   • joined the Promotion here
   • generated at least $2.5 worth of spreads on trades, made with live accounts, registered at SimpleFX during the Promotion period;
   • during the time of the Promotion has a positive net deposit for his live accounts connected with one email registered at SimpleFX that is equal to or greater than the numbers presented in the table below.
3. USD Cashback thresholds: 

1. Qualified Trader receives SFX Coins as a part of additional bonus from activities listed here:  https://app.simplefx.com/sfx-simplefx-coin
2. Affiliates of a Qualified Trader receive SFX Coins in this Promotion, current value listed here: https://app.simplefx.com/sfx-simplefx-coin

§4 Final Provisions & Restrictions

1. Qualified Traders will receive 50% cashback on the spreads charged for trades that were opened and closed on their live accounts during the time of the Promotion and that were made in accordance with the current SimpleFX Terms of Use and Customer Agreement.
2.  The funds transferred from the affiliate panel Unilink are not included in the net deposit.
3. The spread cashback will be paid in Bitcoin to the client’s SimpleFX Bitcoin account. SimpleFX reserves the right to pay spread cashback in another cryptocurrency or fiat currency, chosen at its sole discretion. 
4. Spread cashback is paid to the client’s SimpleFX Bitcoin account within 10 business days after the Promotion period ends.
5. SFX Coins earned from activities during this cashback will be added to the user’s account on the SFX platform and will be visible in the history of SFX operations.
6. Cashback is calculated from the time a user joined in until the end of the Promotion.
7. The spread cashback added to the Client’s account can be used to trade or to be withdrawn without further restrictions.

General T&C applies.