*Terms And Conditions:
Offer applies to approved Alpari (US) trading account deposits.
The credit bonus is a non-withdrawable credit on net deposits made between July 1 – August 31, 2009. In order to withdraw the credit bonus you must complete the required amount of standard round turn lot transactions by October 1, 2009. The credit bonus cannot be transferred between accounts.
Calculating the credit bonus
The standard lot round turn transactions will be calculated from July 1, 2009 until October 1, 2009, starting from the day of you first credit bonus (see example below). The "credit bonus" will be changed to a deposit and made withdrawable, starting October 3, 2009, after the applicable amount of standard lot round turn transactions have been placed by you on your account. The credit bonus cannot be claimed during the offer period, even if the lot requirements have been made. All withdrawals within this period will count towards your net deposit.
A credit bonus of 10% will be calculated for every new deposit. In the case of a withdrawal, the credit bonus will be reduced by 10% of the withdrawal amount (see example below).
Standard Round Turn Lot Requirements
| Amount credited as bonus |
Standard Round Turn Lots Requirement |
| $0 - $1,000 |
50 lots |
| >$1,000 - $2,000 |
100 lots |
| >$2,000 - $3,000 |
150 lots |
If you do not make the required number of standard lot round turn transactions by October 1, 2009, the “credit bonus” will be removed from your account. The equity and margin level on your open positions may be affected, possibly closing some or all of your positions out. This will be done automatically by our Risk Management System to limit your potential of loss.
There is a maximum “credit bonus” for each account held with Alpari (US) of $3,000. The credit bonus will be changed to a deposit based on the Net Deposit Value (“Deposit” – “Withdrawals or transfers during the campaign” = “Net Deposit Value,”) calculated on a First In First Out (FIFO) basis.
Example:
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You register your trading account on July 1, 2009.
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On July 3, 2009, you make a deposit to your trading account in the amount of $5,000. A credit bonus amount of $500 (10% of your deposit value) is credited to your account automatically.
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The number of standard lots on closed transactions will be calculated from July 1, 2009 (the day when your first credit bonus was credited), until October 1, 2009.
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On August 18, 2009, you withdraw $1,000 from your trading account. Your credit bonus is automatically reduced by $100 (10% of your withdrawal value).
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At this time your credit bonus is $400.
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On October 2, 2009, the final number of standard lot round turn transactions is calculated. If the number of standard lots is 50 or more the credit bonus of $400 is transferred to your account as a deposit and becomes available for withdrawal, starting October 3, 2009. If this condition is not met, the credit bonus will be removed from your account.
For more information, please visit our Promotional Campaign 3 FAQ.
Risk Warning
Forex Trading is speculating in foreign currency exchange rates in an off exchange over the counter market (OTC). The funds in your account may not be afforded the same protection under U.S. Bankruptcy code as funds deposited for exchange traded contracts. You could end up being a general creditor if Alpari (US) were to become insolvent. Forex trading is very speculative, risky and is not suitable for all investors. In fact, you could lose all your initial investment and may be liable for additional losses. Alpari (US), LLC is registered with the CFTC as a Futures Commission Merchant and is a member of the NFA - Member ID: 0379678.
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