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The 30% cash bonus programme is available to all new direct clients who open a live account with GKFX and deposit minimum €/$/£ 1000 depending on the base currency of their account. The bonus amount will be added to the account as a cash bonus and the client can withdraw it after fulfilling trading volume requirement.
GKFX Financial Services Ltd, Bevis Marks House, 24 Bevis Marks, London, EC3A 7JB. GKFX is authorised and regulated by the Financial Conduct Authority ( FCA registration number : 501320) www.gkfx.com
a. The cash bonus can be applied to all new direct clients
3. Promotional Period
The deadline to subscribe for the 30% cash bonus programme is 30/09/2016
All applicants must be 18 years old or over, subject to our general Terms of Business.
b. All applicants must deposit minimum €/$/£ 1000 depending on the base currency of their account.
c. All clients who fulfil the Terms and Conditions are eligible to apply for the bonus promotion.
d. If an eligible client has been disqualified from the offer for any reason, he/she cannot apply for the same promotion again.
a. No members of staff, or their relatives of GKFX Financial Services Ltd or any associated company, may take part in this promotion.
b. The offer is limited to one per household and one per person, even if they have multiple accounts.
c. This cash bonus cannot be transferred between trading accounts with GKFX
d. Trading account of a client will not be credited with the bonus if that account is already subject to another promotion.
6. Mechanism of the Promotion
a. The bonus promotion is 30% of the deposit amount
b. This bonus can be withdrawn once the client meets the minimum required trade volume. Minimum required trade volume is 1 effective lot for each €/$/£ 10 bonus amount. In order to withdraw the bonus, the volume requirement of the entire bonus has to be fulfilled.
c. For currency pairs, one “effective lot” shall mean 1 lot traded round turn on the GKFX trading platform. For commodities and indices, one “effective lot” shall mean 10 lots of commodities or indices traded round on the GKFX trading platform. Equity positions will be discarded.
d. Illegal trading positions will not be taken into consideration while calculating minimum trading volume.
e. Open trades will not be included from the calculation of minimum trading requirement.
f. The bonus promotion will be applied only once. It cannot exceed €/$/£ 15,000.
g. The bonus will be valid for two calendar months from the time that the bonus has been credited to the account.
h. The client can submit a bonus request no later than 2 business days after the deposit. Requests submitted outside of this time limit will not be processed.
i. The Cash Bonus will not be automatically applied to the client account as cash until after the end of the promotional period or before if the Payments Departments are made aware of it.
j. The removal of the bonus at the end of the offer period may affect the available equity on the account and cause a need for additional margin, or positions may be auto closed.
7. Termination of the Promotion
a. If an eligible client withdraws funds from his/her account during the promotional period, the account will be disqualified from the offer.
b. GKFX is not responsible for informing the client when the bonus is removed from the account.
c. After receiving the bonus if the client does not reach the required trade volume within 2 months the bonus will be removed.
8. Further Conditions
a. GKFX Financial Services Ltd reserves the right to amend, cancel or restrict this offer to any applicant or customer.
b. If GKFX detects that the client has abused the terms of this promotion, GKFX reserves the right to withdraw the trading cash bonus or terminate the client access to the services provided by GKFX.
c. If GKFX detects that the client has abused the terms of this promotion by hedging his positions internally or externally, GKFX reserves the right to withdraw the trading cash bonus or terminate the client access to the services provided by GKFX.
d. GKFX reserves the right to modify or change any of the terms and conditions of this trading cash bonus promotion without client’s consent.
e. Clients should be aware that this bonus will be added as credit and converted to cash when client fulfils the volume requirement. This Bonus affects the Free Margin Level percentage shown on their MT4 platform, and this does not reflect the level at which they will be automatically closed out if they have insufficient funds. The auto close function does not take into account the amount of bonus, so the client should monitor their available margin at all times, as this a credit for trading purposes as in a waived margin and not an actual credit.
RISK WARNING:All financial products traded on margin carry a high degree of risk to your capital. They are not suited to all investors and you can lose more than your initial deposit. Please ensure that you fully understand the risks involved, and seek independent advice if necessary.See our full Risk Warning and Terms of Business for further details.
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