DMM FX - $50 Welcome Bonus Offer
Kick start your trading with a free $50 Welcome Bonus to your Live Account!
How to get $50?
Only one requirement, complete your live account registration!
Additional Info
1. Campaign is eligible to new clients only.
2. Bonus is credited to your Standard trading account and displayed in the credit column within one business day.
3. Leverage for this campaign is a maximum of 1:200 or below.
4. Completing live registration requires use of an active mobile telephone number
5. The 50 Credits will expire 7 days after being credited
DMM FX 50 CREDIT WELCOME BONUS CAMPAIGN TERMS AND CONDITIONS
These terms are effective on and from 9 May 2015 and updated on 28 May 2015.
1. By opening a new account with DMM FX Australia Pty Ltd (DMM FX) under this offer, the client acknowledges they have read and agreed to be bound by these terms and conditions (Terms) and DMM FX’s Account Terms.
2. To be eligible you must be a genuine new client of DMM FX that opens a new live account (meaning, not a “demo” account) via the relevant banner on the Company’s website www.dmmfx.com.au or any other link(s) as specified by the Company between 9 May 2015 and 31 July 2015, inclusive (unless the offer is closed earlier) and satisfy the other criteria contained in these Terms.
3. You must be over 18 years of age to register to apply for an account.
4. Only transactions in FX Contracts apply to this offer. Trading on the Expert Advisors (EAs) platform and trading during news release will not be permitted under this offer. DMM FX reserves the right to deny, cancel or withdraw the offer if DMM FX suspects a client has breached these Terms.
5. Only accounts with leverage 1:1, 1:2, 1:5, 1:10, 1:25, 1:50, 1:100 and 1:200 are eligible for this offer. If client request to change leverage on their account to a leverage higher than 1:200 during this offer, DMM FX will deny, cancel or withdraw the offer from the client’s account.
6. For the purpose of this offer, a new client will be regarded as an applicant or a close affiliate of
an applicant who has never registered to apply for a live account with DMM FX and is accepted
as a client by DMM FX. DMM FX will in its sole discretion determine whether an applicant is a genuine new client by assessing (including among other things, assessing the IP address of the applicant and the close affiliate) whether the applicant is associated or affiliated with any other existing account holder with DMM FX, including those with previously closed accounts. DMM FX in its sole discretion may assess any affiliation, having regard to (among other things) the intention of the offer and any information we request that you provide to us.
7. Each applicant is only permitted to participate in the offer once. The 50 Credit Welcome Bonus cannot be (i) transferred to any other person; (ii) transferred to another account holder or account; or (iii) exchanged for other financial services provided by DMM FX.
8. 50 Credit means:
a. AUD50 worth of credit if your Account is denominated in Australian dollars;
b. USD40 worth of credit if your Account is denominated in US dollars;
c. £25 worth of credit if your Account is denominated in British pounds;
d. NZD50 worth of credit if your Account is denominated in New Zealand dollars;
e. €35 worth of credit if your Account is denominated in Euros.
9. The applicant acknowledges and agrees that for an account to be established and accepted by DMM FX, DMM FX is required to perform identification checks in accordance with anti - money laundering and counter - terrorism financing laws and regulations ( AML/CTF Laws). DMM FX may, in its sole discretion, choose to reject an application if it is not satisfied as to the applicant’s identity or if it suspects on reasonable grounds that by accepting an application, DMM FX may breach the AML/CTF Laws.
10. To qualify for the 50 Credit
Welcome Bonus you must:
a. properly complete an application to become a client of DMM FX (Note: you must provide your primary active mobile telephone number in the application);
b. be successful in that application by 31 July 2015 and;
c. Successfully complete the SMS Verification Process.
11. The 50 Credit Welcome Bonus will be credited to your FX Account in the Account’s denominated currency as elected by you on Account establishment by the next business day after you successfully complete all steps listed in clause 10.
12. Once the 50 Credit Welcome Bonus has been credited to your Account, you may use the credited amount as excess margin to begin trading.
13. On the day which is seven (7) calendar days after the date 50 Credit Welcome Bonus has been credited to your FX Account, the 50 Credit Welcome Bonus will expire. Expiry in this clause means that:
a. if you have not used the 50 Credit for any transactions on your Account during this period, the 50 Credit will be reset to zero; or
b. your losses that are attributable to your trading with the 50 Credit will be reset to zero.
For example, if your Account balance is $50 when you start trading then, as a result of your trading, your Account balance falls to $30, the loss of $20 and Account balance of $30 will be reset to $0. Any losses that exceed the 50 Credit to put your Account balance in debit may be recovered from you by DMM FX; or
c. if your overall Account balance is in credit, any profits made from the 50 Credit will remain in your Account balance, but the 50 Credit amount will be reset to zero.
14. You will be able to withdraw profits that are specifically attributable to your trading with the 50 Credit Welcome Bonus, however each withdrawal request to transfer profits from your Account to your nominated bank account must be for a minimum of $20 in value (or approximately the equivalent amount of your Account’s denominated currency, as set by DMM FX).
15. If you request a withdrawal of profits attributable to the 50 Credit Welcome Bonus amount (but net of the 50 Credit amount) prior to the expiry period referred to in clause 13 above, and your request is approved and completed by DMM FX, the 50 Credit amount will be reset to zero automatically. \
16. DMM FX will not be liable for any costs, expenses or damages which may be suffered as a result of DMM FX re - setting or adjusting your Account as contemplated by these Terms, including but not limited to losses attributable to automatically Closed Out Open Positions as a result of 50 Credit reset to zero.
Additional Conditions
17. In exceptional volatile circumstances in the market (as decided by DMM FX), you may incur a loss that exceed the 50 Credit Welcome Bonus in your Account. You are liable for losses that exceed the 50 Credit amount and DMM FX will require you to pay the equivalent amount of those losses into the DMM FX client money trust account (so that it can be withdrawn and paid to DMM FX).18. If your Account is closed or suspended, DMM FX may cancel the 50 Credit Welcome Bonus in your Account, along with any profits made from the 50 Credit Welcome Bonus.
19. This offer is limited to one applicant per IP address.
20. DMM FX may amend or discontinue this offer without any prior notice to current or prospective applicants and without having to compensate anyone for that.
21. If DMM FX suspects a client has abused or attempted to abuse this offer to the detriment of DMM FX beyond the intention of the offer, then DMM FX may deny, cancel or withdraw the offer to that client, and either temporarily or permanently terminate that client’s access to the online services and suspend or close the client’s account. This may also apply if client has breached DMM FX’s Account Terms.
22. The provider of this offer is DMM FX Australia Pty Ltd (ACN 160 659 290, AFSL 437734), trading name DMM FX.
23. The client understands and agrees that this promotional offer is not an inducement to begin
transacting with DMM FX. Transacting in over the counter leveraged financial products carries significant risks and can result in substantial losses. You may lose more than your initial deposit so the financial product may not be suitable for all investors. You should consider the Product Disclosure Statement for FX Contracts (issue date: 24 October 2013) available on our website at www.dmmfx.com.au to understand the risks involved in transacting in FX Contracts before deciding whether to participate in this offer. DMM FX will not be liable for any loss, costs, expense or damage which may be suffered in connection with you participating in the offer and which by law may not be excluded by these terms.
