10x Bonus Terms & Conditions

Definitions

“10x Bonus” means MarketsVox 10x Bonus promotion, terms and conditions for which are described in these Terms.

“Company” means MarketsVox (SC) Ltd, incorporated and registered under the laws of Seychelles with Company number 8430368-1 and having its registered address at CT House, Office 9A, Providence, Mahe, Seychelles. The Company is authorized and regulated as a Securities Dealer by the Financial Services Authority under Securities Dealer license number SD142.

“Introducer” means Wegroup Ventures FZCO, incorporated and registered in the IFZA Dubai, United Arab Emirates, with the company number 51821, doing business as 10x Trader, and acting as an Affiliate referring the clients to the Company.

“Terms” means these 10x Bonus Terms & Conditions.

1. Introduction

1.1. MarketsVox (SC) Ltd is a Company incorporated and registered under the laws of Seychelles with Company number 8430368-1. The Company is authorized and regulated as a Securities Dealer by the Financial Services Authority under Securities Dealer license number SD142.

1.2. These Terms shall supplement and make an integral part of the Client Services Agreement. All capitalized terms not defined in these Terms shall have the same meaning as in the Client Services Agreement. All matters not covered by these Terms shall be resolved according to the Client Services Agreement.

2. Specific 10x Bonus Terms

2.1. The 10x Bonus is a deposit bonus, which is equal to the 9x of the deposited amount that can be received when the Client makes a deposit from their Client Area.

2.2. The 10x Bonus is special bonus offering exclusively available to new Clients who have been referred to the Company by the Introducer. Only those clients who register and fund their accounts through the designated affiliate link of the Introducer are eligible for this bonus.

2.3. The minimum deposit for the Client to obtain the 10x Bonus is 500.00 USD. The amounts of deposits are not summed, the 10x Bonus can be received only on the one-time deposits of minimum 500.00 USD. For example, the client deposits 250.00 USD and 250.00 USD, this will not be considered as 500.00 USD for the purposes of this 10x Bonus. Deposits made using any available payment system participate in this 10x Bonus.

2.4. The 10x Bonus will not be added to internal transfers and to deposits from contests/promotions of the Company.

2.5. There is no maximum size of the

2.6. The 10x Bonus will be available on such trading account types as the Company shall determine from time to time. In order to obtain the 10x Bonus, the Client shall contact the Company via By applying to receive the 10x Bonus, the Client acknowledges that he have read, understood, and accepted these Terms.

2.7. In case the Client has an active 10x Bonus on their account, all their funds are divided into two parts: the Client’s own funds and the bonus funds. The Client’s own funds consist of their deposits less withdrawals (excluding bonuses) and the profit they receive when trading using these funds. The Client’s own funds can be used in trading without any limitations. The bonus funds are reflected on the trading account in the field “Credit” and can be used as additional margin for trading.

2.8. The 10x Bonus funds can’t be used during ‘drawdown’. If at any point Equity on the trading account becomes less than the total sum of the active bonuses, that is less than Credit, 10x Bonus will be cancelled and removed from the account.

2.9. If there are profits generated while trading on the account with the active 10x Bonus, the Client can withdraw profits at any time, however, Clients may withdraw 90% of the net trading profits generated. The remaining 10% of the net trading profits will be allocated to the Introducer as a performance fee as part of these Terms.

2.10. By participating in this Bonus promotion, the Client expressly authorizes the Company to calculate, deduct, and transfer 10% of any net trading profits derived from Bonus-related activity to the Introducer in accordance with these Terms. This authorization is irrevocable with respect to profits generated under this promotion and shall be deemed accepted upon the client’s first trade after receiving the 10x Bonus.

2.11. This split applies only to profits generated on the account with the active 10x Bonus and does not apply to any other Client’s accounts.

3.General Terms

3.1. Please note that it might take up to 24 hours for the Company to apply 10x Bonus. Before applying the

3.2. The Company reserves the right to refuse to provide the 10x Bonus to the Client in case if there was any trading activity on the account. In case if at the moment when Company applies the 10x Bonus the Equity on the Client’s trading account is less than the deposit amount on which the 10x Bonus is claimed, the Company shall only apply the 10x Bonus as per Equity at that moment of time, proportionally. Example:

Deposit Amount 10x Bonus Claimed Trading Equity 10x Bonus Applied
$1 000.00 $9 000.00 $500.00 $4 500.00

 

3.3. While there is any active 10x Bonus on the account the Client own funds are available for withdrawal, however, if any part of the Client’s own funds is withdrawn from the trading account with the active 10x Bonus the 10x Bonus will be reduced proportionally to reflect the 9x amount of the remaining client’s Balance.

3.4. Trading in 10x Bonus funds will result in usual Remuneration paid to Introducer who referred the Client, if any.

3.5. The 10x Bonus can only be claimed by each Client within the limit provided in p.2.6, but the Client can Claim multiple 10x Bonuses on different deposits. If any information of the Client obtained during the registration and verification, including but not limited to name, phone, address, IP address, device, matches with other Client, the Company might consider this as a violation of these Terms. The Company might at its sole discretion consider as a violation of these Terms if another 10x Bonus is Claimed by the Client’s representative, close family member, affiliate or affiliated entity, affiliated entity’s directors or representatives.

3.6. The Company reserves the right to cancel the 10x Bonus as well as any or all trading results from trading with 10x Bonus funds, any Remunerations, rebates or cashbacks or any payments resulting thereon upon finding that the Client violates terms and conditions of these Terms or Client Services Agreement, or is involved in any suspicious or fraudulent activity, including but not limited to making any form abusive trading, risk-free arbitrage, market manipulation, abusing technical features of Company’s trading platform or other systems, or any types of risk-free activities aimed at benefiting from or exploiting the 10x Bonus without any economical reason or trading without bearing usual market risk. The Company will resolve such cases at its sole discretion.

3.7. If cancelling 10x Bonus for any reason would cause the margin to exceed the Client’s own funds, the Company reserves the right to close any open positions at then-current market prices.

3.8. While there any active 10x Bonus on the account, the system might not always generate Margin Call during the ‘drawdown’. Clients should maintain adequate levels of free margin in the account to maintain open positions at all times.

3.9. Any situation not described in these Terms shall be subject to the Company’s decision. The Company reserves the right to change, amend, update, or cancel these Terms by posting an updated version on the website. By continuing to use the 10x Bonus Client agrees with any changes, amendments or updated to these Terms. The Company reserves the right to exclude a Client from participation in this promotion at any moment without explaining the reason.

4. Risk Warning

4.1. CFDs and FX are leveraged products and carry a high level of risk to the capital. These products may not be suitable for all Clients, so the Client shall ensure that he fully understand the risks involved.

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