100% First Deposit Bonus Terms & Conditions
You agree that by participating in this offer ("Offer"), you will be bound by these terms and conditions ("Terms") as well as the general terms and conditions that apply to your trading account. You should read these Terms carefully and acquaint yourself with our risk disclosure notice.
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Eligible Clients: New and Existing Clients of FXCC who:
- hold ECN XL account
- made the first qualified deposit.
- elect to opt-in to take part in the Offer by expressly confirming their decision by submitting a request by email at support@fxcc.net, or by live chat, or by ticking the relevant box in the FXCC Trader Hub.
- Qualified Deposit: The first deposit operation that adds new funds to Eligible Client’s wallet through means of payment offered by FXCC. Balance adjustments, withdrawal of available balance and re-sending it again, Introducer/Affiliate/Partner rebates or commissions will not be considered new funds.
- 100% First Deposit Bonus: For the first Qualified Deposit that is made by Eligible Clients in their respective wallet with FXCC during the promotion period Eligible Client will receive 100% Deposit Bonus within twenty-four (24) working hours after the deposit has been made. Bonus can be found in the “My Wallet Balances” section of the client`s cabinet and can be transferred to any trading account and back to the wallet with the equal proportion to the balance at any time.
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Maximum Amount of First Deposit Bonus: The maximum amount of First Deposit Bonus credited by FXCC to any particular Eligible Client at any time cannot exceed $2,000 US (or equivalent).
Example
Scenario A
Client 'A' made a first deposit of $1,500 ▶ Client 'A' will receive trading credit $1,500 as 100% Deposit Bonus; After funds have been transferred from the wallet to a trading account, this bonus will reflect on Client's account as follows:
Balance
|
Equity
|
Credit (Available Bonus)
|
Available (Free) Margin
|
$1,500
|
$3,000
|
$1,500
|
$3,000
|
Scenario B
Client 'B' made first deposit of $3,000 ▶ Client 'B' will receive trading credit $2,000 as 100% Deposit Bonus. After funds have been transferred from the wallet to a trading account, this bonus will reflect on Client's account as follows:
Balance
|
Equity
|
Credit (Available Bonus)
|
Available (Free) Margin
|
$3,000
|
$5,000
|
$2,000
|
$5,000
|
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FXCC reserves the right, as it in its sole discretion deems fit, to add new 100% Deposit Bonus for subsequent deposits provided that both point 1.iii and point 4 are met.
- FXCC reserves the right to decline any Bonus request at its sole discretion, without the need to provide any justification or explaining the reasons for such a decline.
- Bonus shall be added to the Eligible Client’s ECN XL trading account as credit, The Bonus is intended for trading purposes only and it cannot be lost.
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Withdrawal from Eligible Client's Wallet, will make the Bonus is being automatically cancelled and removed in the same proportion to the withdrawn amount.
Example
Client ‘C’ has the following balance available in his Wallet:
Balance
|
Credit (Available Bonus)
|
$2,500
|
$2,000
|
Client ‘C’ has requested $1,000 withdrawal ▶ Received bonus will be automatically cancelled and removed in the amount of $1,000 upon the withdrawal request is approved.
This will reflect on the Client’s Wallet as follows:
Balance
|
Credit (Available Bonus)
|
$1,500
|
$1,000
|
-
If the Eligible Client’s account balance (including the floating profits and losses) reaches a level equal or below 50% of the available Bonus Credit (in other words: account’s equity reaches a level equal or below 150% of the available Bonus credit), the available Bonus Credit amount shall be automatically removed (credit out) from the account.
Example
Client ‘D’ has the following balance available in his ECN XL trading account:
Balance
|
Equity
|
Credit (Available Bonus)
|
Available (Free) Margin
|
$500
|
$1,000
|
$500
|
$1,000
|
- 50% of the available Bonus (credit) = $250
Assuming Client ‘D’ has an open trade of 1 lot EURUSD with a current total floating loss of $250, this means ▶ Balance + Floating profit&loss = $500 - $250 = $250
In this case, the bonus will be automatically removed and it will reflect on the account as follows:
Balance
|
Equity
|
Credit (Available Bonus)
|
Available (Free) Margin
|
$500
|
$250
|
$0
|
No Free Margin
|
IMPORTANT NOTICE:
- Due to volatile market conditions that may persist, it may not always be possible to remove the Bonus (credit) at exactly 50%.
- The trading account stop out level will remain in effect at all times regardless if the credit is still in the customer's account or not and there might be no margin call alert.
- FXCC shall not be liable for any margin call or losses that the Client may suffer, including but not limited to losses due to Stop-out Level, if the Bonus is withdrawn for any reason pursuant to the Terms and Conditions set out herein.
- FXCC reserves the right, at its sole discretion, to disqualify any individual that breaches the Offer Terms and/or any of FXCC Terms and Policies.
- Any indication of manipulation or other forms of deceitful or fraudulent activity in any Client trading account or otherwise related or connected to a Bonus Credit will nullify all of that Client Bonuses.
- Any dispute, misinterpretation of the above applicable Terms and Conditions or situation arise and not covered by this Offer Terms and Conditions, such disputes or misinterpretation will be resolved by FXCC in the manner it deems to be the fairest to all concerned. That decision shall be final and/or binding on all entrants. No correspondence will be entered into.
- FXCC reserves the right, as it in its sole discretion deems fit, to alter, amend, suspend, cancel or terminate the Offer, or any aspect of the Offer, at any time by giving you notice by internal mail via our Online Trading System, or by email or by placing a notice on our Website. We will endeavour to provide you with at least three (3) Business Days notice of such amendments unless it is otherwise impractical for us to do so.
- The Client shall be treated as accepting the change unless the Client informs the Company that the Client does not accept the changes and wishes to cancel the offer. The Client shall not have to pay any charges as a result of terminating in this case, other than costs due and payable for Services offered until then.
- Under no circumstances shall FXCC be liable for any consequences of any alteration, amendment, suspension, cancelation or termination of the Promotion.
- This offer is organized and run by Central Clearing Ltd, Suite 7, Henville Building, Main Street, Charlestown, Nevis. This offer is not available for clients from the European Economic Area (EEA).
Risk Disclosure
- Clients should manage their trading account consistent with their trading comfort level. The promotional offers are not designed to alter or modify clients' risk preference or encourage customers to trade in a manner inconsistent with clients' investment strategies.
- FXCC products are traded on margin, which carries a high level of risk and which may not be suitable for all clients. Before deciding to trade FXCC products, clients should carefully consider their investment objectives, level of experience, and risk appetite. It is possible to sustain a loss of more than your initial investment. Clients should not deviate from their typical trading preferences to satisfy the requirements set out in these Terms and Conditions.
- Failure to comply with these Terms and Conditions will result in a client becoming ineligible for the offer.
- These Terms and Conditions do not disclose all of the risks associated with investing in FXCC products. Clients should carefully review FXCC Account Agreement and Risk Disclosure Statement in their entirety before deciding to open an account with FXCC and consider the risks described in light of each client's own particular investment objectives and financial circumstances to determine whether such investment is suitable for them. The Agreement and Risk Disclosure is available on the FXCC website at fxcc.com
(Version 4.1 - Last updated: January 2023)