Bonuses and Promotions – Terms and Conditions Xtrade International LTD
Xtrade International Ltd.
Bonuses and Promotions – Terms and Conditions
January 2024
Proprietary Restriction:
This controlled document is property of XTrade International Ltd.
any disclosure, reproduction or transmission to unauthorized
parties without the prior written permission of XTrade International Ltd is prohibited
Xtrade International Ltd is authorized and regulated by the Financial Services Commission with license
number 000281/20
Bonuses and Promotions – Terms and Conditions Xtrade International LTD
1. General- terms and conditions acceptance
1.1 We expressly reserve the right to amend, supplement or modify these
Terms and Conditions at any time without notice. The amended Terms and
Conditions will be posted and made available on our brand's sites. You are
responsible for regularly reviewing these Terms and Conditions for changes
and amendments. The revised Terms and Condition shall be effective
immediately upon posting.
1.2 By using our services and opening an account with us it is noted that
you agree to be bound by the Company’s Terms and Conditions and
Policies.
1.3 In the event of any dispute, the decision of the company management will
be considered full and final. Participation in any of the promotion or benefits
offered by the company is subject to acceptance of our full Terms &
Conditions.
2. Welcome Package
2.1 First Deposit Bonus
2.1.1 The First Deposit Bonus of up to $6000 is available for new accounts
registered in Xtrade.
2.1.2 The First Deposit Bonus is automatically allocated to the eligible account,
according to the first deposit made, as specified below:
- Deposit $100 - $249 – 10% bonus
- Deposit $250 - $499 – 25% bonus
- Deposit $500 and more – 50% bonus
• The First Deposit bonus is of credit type (refer to section 4 below for
more details regarding bonuses types).
• In order to release the bonus to your equity balance, you are required
to reach XPoints at a volume of the Bonus Amount multiplied by 10.
(refer to section 7 below for more details regarding the Xpoints
accumulation system).
• Releasing of the bonus is limited in time and expires in 30 days from
date that the First Deposit bonus becomes an Active bonus (refer to
section 5 below for more details regarding bonus status.) One Deposit
Bonus per household, according to IP address.
Xtrade International Ltd is authorized and regulated by the Financial Services Commission with license
number 000281/20
Bonuses and Promotions – Terms and Conditions Xtrade International LTD
2.2 Phone Verification Bonus
2.2.1 $25 Cash bonus is available to customers who verify their phone number
through entering a code received by SMS.
2.2.2 The bonus is credited automatically once the process is successfully
completed. Credit of the bonus might take up to 10 minutes.
2.2.2 The bonus is available once per phone number.
2.2.3 Phone verification bonus is of Cash type. (Refer to section 4 below for
more details regarding bonuses types).
2.2.4 The cash bonus will be credited to your equity and can be used for
trade. To redeem it, you are required to reach 300 XPoints within the bonus
released duration time frame.
2.3 Account Verification Bonus
2.3.1 20% bonus is available to customers who verify their account
through submission of the required documentation.
2.3.2 To submit the documents, you are required to follow the upload link
available on web trading platform under Main Menu > Account > Account
Verification, and on mobile application under Main Menu > Account
Verification.
2.3.3 Crediting of the bonus will take up to 2 business days upon approval of
your submitted documents.
2.3.4 The bonus is available for all the deposits made within 48 hours after you
first deposit.
2.3.5 The bonus offer is limited to 14 days after your first deposit.
2.3.6 The maximum bonus is up to $1000.
2.3.7 Account verification bonus is of Credit type. (Refer to section 4 below for
more details regarding bonuses types).
The bonus is available only once per account and only after completion of your
first deposit.
Xtrade International Ltd is authorized and regulated by the Financial Services Commission with license
number 000281/20
Bonuses and Promotions – Terms and Conditions Xtrade International LTD
3. Ongoing Campaigns:
• From time to time, we run bonus campaigns. These bonuses are to
be considered as a personal offer, based on a specific account's
terms, and may not be transferred from one account to another.
• Notification on bonuses eligibility will be sent through emails and
occasionally through SMS, push notification or as Pop-ups within the
trading platform.
• Bonuses are limited in time. Expiration date and time (GMT) are
specified clearly in the communication methods described above.
3.1 Bonus Eligibility
3.1.1 Deposit bonuses assigned to the account are visible in the cashier
under "bonus". The customer is required to choose his preferred bonus to be
allocated against the deposit he is about to make.
3.1.2 Customer can choose only one bonus per deposit.
3.1.3 If no bonus assigned to the account- "No bonus assigned" is presented
in cashier. In this case you may contact your account manager for more
information.
In the case a customer chose a bonus, but failed to deposit the amount required
by the specific terms of the bonus, the next best bonus available to the account
will be automatically assigned. The bonus which was not used will still be
available for the customer to use in a different deposit until it expires. If no other
bonus is assigned, and specific bonus requirements were not met, no bonus
will be credited against the specific deposit made.
3.2 Bonus Allocation
3.2.1 Bonuses are credited immediately to the account, unless in cases
specifically mentioned otherwise.
3.2.2 All bonuses which were credited to the account are presented in bonus
report available in web trader under "My Account".
3.3 Special campaigns
3.3.1 We shall, from time to time, run certain periodical promotions and
competitions. These campaigns will likely have separate terms, conditions
and rules.
3.3.2 In the event of a conflict between these Terms and Conditions and the
specific provisions of the promotion or competition, the promotion /
Xtrade International Ltd is authorized and regulated by the Financial Services Commission with license
number 000281/20
Bonuses and Promotions – Terms and Conditions Xtrade International LTD
competition specific provisions shall govern but only to the extent of the
conflict and in no other manner.
4. Bonus Types
4.1 Cash Bonus
4.1.1 Cash bonus is credited to the account's equity and the sum is available
for trading use.
4.1.2 Only one cash bonus amount will be credited to the account's equity at
a time. If more than one cash bonus is credited to the account, the second
cash bonus will wait in queue as "pending", until the first cash bonus was
released through Xpoints accumulation, expired or voided by calibration.
4.1.3 If you wish to withdraw this bonus, you are required to reach the specified
xpoints in order to release the bonus sum forwithdrawal.
4.1.4 In case of account calibration, this bonus will be cleaned from the
account's equity, together with the Xpoints accumulated against releasing
this bonus.
4.2 Credit Bonus
4.2.1 The bonus credited to the account is kept as a credit sum.
4.2.2 In order to redeem the bonus into the account's equity, the customer is
required to reach "release volume" of Xpoints accumulation.
4.2.3 Releasing of the bonus is limited to 30 days.
4.2.4 If required xpoints reached within the 30 days' time frame, the bonus is
credited to the account's equity at once.
4.2.5 In the event of failing to release the bonus within the 30 days' time frame,
the bonus and the Xpoints accumulated against that bonus expire.
5. Bonus Status
5.1 Active Bonus
5.1.1 Active bonus is the status of the bonus that is now actively being
released.
5.1.2 Active bonus can be of "cash" or "credit" type.
Xtrade International Ltd is authorized and regulated by the Financial Services Commission with license
number 000281/20
Bonuses and Promotions – Terms and Conditions Xtrade International LTD
5.1.3 If the bonus released duration time frame has expired and the release
xpoints volume was not achieved, the bonus and its accumulated
xpoints will be voided.
5.1.4 If other bonuses are waiting in queue as pending (see below), the next
bonus to become active will be determined by bonus priority.
• Cash bonuses are at the highest priority
• Credit bonuses will become active by their value- best value bonus
will get higher priority for released.
5.1.5 The bonus status, type, and release status can be seen in the bonus
report.
5.2 Pending Bonus
5.2.1 Pending bonus is the status of a bonus that has been credited to the
account but is waiting in queue.
5.2.2 Pending bonus can be of "cash" type or "credit" type.
5.2.3 In case of a cash bonus- if no other cashbonus available- the cash sum
will be credited to the equity, and can be used for trading, even while the bonus
is in pending mode. However, it will become active only upon releasing/
expiration/ void of the actual active bonus.
5.2.4 The 30 days to release time frame is not yet active for a pending
bonus. Only once it became active does the 30 day’s release time
period apply.
5.2.5 The bonus current status, type, and release status can be seen in the
bonus report.
6. Campaign eligibility expiration
6.1 Campaigns are offered under specific terms and time frame constraints.
6.2 Expiration date and time are specified in the campaign's relevant emails.
6.3 In the event a specific campaign has expired, this bonus is no longer
available for you and will not show on the pre-populated drop down menu in
cashier. 6.4 You may contact customer support for more information.
7. XPoints accumulation
7.1 Xpoints are accumulated through trading, calculated according to the
trading volume and instruments types.
Xtrade International Ltd is authorized and regulated by the Financial Services Commission with license
number 000281/20
Bonuses and Promotions – Terms and Conditions Xtrade International LTD
7.2 Every instrument contributes differently towards XPoints accumulation.
Refer to https://www.xtrade.com/promotions/xtrade-points/ for a complete
table of instruments contribution.
7.3 Xpoints accumulation is used towards releasing of the active bonus - either
cash or credit bonus.
7.4 If active bonus release 30 days' time frame has expired, or in case the
bonus was removed or voided, the xpoints accumulated against that bonus
are also zeroed.
Xtrade International Ltd is authorized and regulated by the Financial Services Commission with license
number 000281/20
