Added funds Terms and Conditions

Home > Added funds Terms and Conditions

Added funds Terms and Conditions

 

1.The company may offer added funds to its clients. The added funds will provide additional funds which the client can trade with on their account. Added funds and Promotions are for a limited time. Added funds on deposits are applied to the Client’s trading account for the first deposit made (or subsequent deposits if specified and at the sole discretion of Infinitrade).

 

2. The client is never under any obligation to accept the added funds. Once trading commences on an account after a trading added funds have been applied to the available account balance, the client is deemed to have willingly accepted the added funds and it cannot be reversed.

 

3.The added funds that shall be credited to the Client’s account is subject to comply with the terms of the offer made to the Client, this may include but not limited to making a minimum deposit and/or a minimum level of turnover of the account within a specified period of time.

 

4.All added funds are offered at Infinitrade’s discretion. Infinitrade reserves the right to set, change or annul the criteria for added funds eligibility at its sole discretion. The company will make public the policy, under which you will be entitled to withdraw any added funds received by you and may set, change or annul the criteria for added funds withdrawal.

 

We do not advise that you accept added funds unless you are committed to trading over a long period of time and understand that all added funds are subject to the following conditions:

a) There are no withdrawals allowed until a trading volume of 1 Lot of the added funds is reached (hereinafter: “the Trading Requirement”).

b) An added fund is not transferable. This means that an added funds provided to one account cannot be transferred to another.

c) Should a client, under any circumstance be suspected of wrongdoing or deception, Infinitrade reserves the right to cancel added funds, promotions or benefits that have been provided or are expected to be provided to the specified trading account.

d) In the event of suspected fraud or fraudulent activity on your behalf, or if payments by you or on your behalf are charged back, Infinitrade retains the right to withhold from your account any amount that is in excess of your original deposit, and, if so deemed necessary by the Company, to initiate any legal proceedings to collect any payments owed by you, and at its sole discretion.

Insurance Terms and Conditions

1. Infinitrade offers funds insurance services to its clients. The insurance will provide additional funds to the client as per of the amount of the trade lost under MARGIN CALL. The insurance comes with a 20% premium that would be calculated from the margin call amount for a limited time. The funds are applied to the client’s trading account within a week.

2. The client is never under any obligation to activate the insurance services. Once trading commences on an account after the insurance has been applied to the available account balance, the client is deemed to have willingly accepted the added funds and it cannot be reversed.

3. The added funds that shall be credited to the client’s account is subject to comply with the terms of the offer made to the client, this may include but is not limited to making a minimum deposit and/or a minimum level of turnover on the account within a specified period of time.

4. The funds insurance services is offered at Infinitrade’s discretion. Infinitrade reserves the right to set, change or annul the criteria for the insurance eligibility at its sole discretion. The company will make public the policy, under which clients will be entitled to withdraw any funds received by the client and may set, change or annul the criteria for withdrawal of the added funds.

5. A standard lot unit is equal to $100,000 USD. To withdraw the added funds from your account you need to meet turnover requirements. The turnover requirement is calculated as added funds amount * lots per instrument. Please keep in mind that only closed trades are taken into account. To withdraw the Bonus from your account you need to meet turnover requirements: “ X Bonus Amount * 1 = X standard lots”. The turnover requirement is “X standard lots”

6. We do not advise that clients activate the insurance unless they are committed to trading over a long period of time and understand that all funds are subject to the following conditions:

a) The insurance funds are not transferable. This means that the insurance provided to one account cannot be transferred to another.

b) Should a client, under any circumstance be suspected of wrongdoing or deception, Infinitrade reserves the right to cancel the insurance, promotions or benefits that have been provided or are expected to be provided to the specified trading account.

c) In the event of suspected fraud or fraudulent activity by the client or on behalf of the client, Infinitrade retains the right to withhold from the account any amount that is in excess of the original deposit, and, if so deemed necessary by the Company, to initiate any legal proceedings to collect any payments owed by the client, at its sole discretion.

**If ever any clarification is required in regards to any of the points above, please don’t hesitate to contact your trading mentor who will provide you with further explanations.