- Nature of the Credit Bonus
a. The Credit Bonus is a non-withdrawable trading bonus that increases the client’s leverage capabilities.
b. While the bonus itself cannot be withdrawn, all profits generated from trading with the bonus are fully withdrawable. - Withdrawal Conditions
a. Before making any withdrawals from the account, the client must use the entire Credit Bonus.
b. If the client initiates a withdrawal before using the full bonus amount, the remaining bonus will be automatically removed from the account. - Profit Calculation
a. Profit is understood as the total profit from all transactions executed on the account.
b. Clients cannot selectively withdraw profits from individual trades while leaving losses on other positions, as this would create an imbalance in account performance. - Bonus Allocation
a. The Credit Bonus can only be granted through specific promotional campaigns.
b. The bonus amount varies depending on the terms of the promotion. - Eligible Accounts
a. The Credit Bonus is credited to a predefined live trading account in a specified cryptocurrency or fiat currency.
b. If the promotion does not specify a currency, the bonus will be credited to the live trading account with the highest balance. - Bonus Expiry
a. The Credit Bonus remains valid for 180 days from the date of issuance.
b. Any unused bonus amount after the expiry period will be removed from the account. - Abuse and Exclusions
a. SimpleFX reserves the right to exclude any account from this promotion if it determines, at its sole discretion, that the client has engaged in abusive behavior or attempted to exploit promotional funds.
b. In cases of gross abuse, SimpleFX may make necessary adjustments to the client’s account balance, including the removal of the bonus and any profits obtained through exploitative trading practices.