The campaign applies to Standard USD accounts opened from 29/03/2019 with the aim of receiving InstaSpot StartUp Bonus.

  1. Every new InstaSpot client is entitled to receive the 100% welcome Bonus which equals the first deposit in the account participating in the program called InstaSpot StartUp Bonus. The Bonus is credited wherever the Client replenishes his/her Bonus account afterwards.
  2. At the moment of crediting the 100% Bonus, the Client’s Account has to be free from any trading operations. Otherwise, the Bonus cannot be provided.
  3. The 100% Bonus shall not be provided if the Account has been already credited with bonuses of other types.
  4. The 100% Bonus is credited in full to a total deposit up to USD 2,000. If a deposit runs over USD 2,000 by USD 2,000-5,000, then the Client shall get a 50% bonus for the remaining amount. In case the remaining amount exceeds USD 5,000, a 30% bonus is applied. For example, USD 10,000 total deposit will have another USD 5,000 total amount credited as a bonus.
  5. The Client agrees that profits in the accounts with the 100% StartUp Bonus are distributed proportionally between the actual deposited funds and the bonus funds in such accounts. At the same time, a part of the profits proportional to the bonus amount can be temporarily limited for withdrawal until a particular number of lots are executed in accordance with clause 7 of this Agreement.
  6. In case of any withdrawal from the Bonus account, the 100% StartUp Bonus is canceled in the amount equal to the withdrawal sum. In case the Bonus amount which remains in the account after withdrawal exceeds the balance after withdrawal by 50%, the Company cancels a part of the bonus that is a difference between these values.
  7. The 100% StartUp Bonus can be withdrawn provided that the Client executes BUY or SELL trades which total X*3 InstaSpot lots, where X is an amount of the Bonus credited. A bonus profit can be withdrawn after the Client executes BUY or SELL deals which total Y*3 InstaSpot lots, where Y is a profit share proportional to the Bonus. The Client can withdraw only the whole bonus amount/profit. Partial withdrawal is not allowed. In order to withdraw both bonus funds and profits gained from the trading account, the Client should send a request following the link in Client Cabinet. The link will appear as soon as the Client has executed the required number of lots. The Bonus to be withdrawn should be available in the Account at the moment of processing the request by a manager. The Company reserves the right to reject the request for bonus withdrawal without explaining the reason.
  8. The Accounts credited with 100% StartUp Bonus cannot be used for PAMM investing.

    Risks

  9. The Client agrees that if a current balance (calculated as equity/funds) in the account turns below the Bonus available in the Account, all funds shall be considered the Bonus means in full in case no new deposits are made. In other words, ongoing losses exceed the Client’s actual funds in the Bonus account. In case a new deposit is made, the funds in the Account are distributed between the Bonus funds and the actual Client’s funds in proportion to the deposited amount and the value of the Bonus funds at the moment of making a deposit.
  10. The Company reserves the right to cancel the 100% Bonus without prior notice, so we strongly recommend that you refrain from factoring in the bonus when calculating the profitability of your trading strategy. The Company is not responsible for any consequences of the bonus canceling, including the stop out since it wholly owns the accrued bonus.*
  11. The Client agrees that the Company may cancel the bonus and revise the profit made with it by an amount equal to the bonus sum, in case of detecting any signs of abusing the bonus program if there is a profit equal to the deposit size without prior warning or explaining the reason. The Client admits possible risks of applying this clause.
  12. The 100% Bonus is aimed at trading Forex. Therefore, it can be canceled when used for trading cryptocurrencies and CFDs on shares.
  13. The terms and conditions of the campaign can be amended or supplemented without prior notice.
  14. The official language of the Agreement is English. In case of differences between the Agreement in English and a translated version, the Agreement in English is considered to be a prior reference standard.

* This clause intends to prevent any fraudulent activity related to the bonus system. However, its application does not mean that all accounts subject to cancellation of previously received bonuses are recognized as the ones having violated any of the rules due to the fact that in some cases it is impossible to detect explicitly the fact of the rule’s violation. There is only a 10% chance that an erroneous cancellation of the bonus would take place within the struggle against abusing the bonus system.