WELCOME NO-DEPOSIT BONUS TERMS & CONDITIONS
7bforex is running the Welcome Bonus (hereinafter referred to as "Welcome No-Deposit Bonus ") and invites New traders to participate.
By participating in this Welcome Bonus, you agree to be bound by the Terms and Conditions herein (hereinafter referred to as the "Terms") as set out below.
TERMS
- A client can only claim the Welcome No-Deposit Bonus once.
- The bonus is available to new clients who have completed Verification.
- The Client has a maximum period of 7 days within which if NO trade is opened, the bonus account will be deactivated and the Bonus funds would be canceled.
- The client can trade freely with this no-deposit bonus and can withdraw the profit made from trading with the bonus if the following condition(s) are met.
- A minimum of 0.5 lot size must have been traded on the no-deposit bonus account before profit withdrawal can be allowed, to a maximum limit of ₦10,000 regardless of how much profit has been made.
- The bonus will be cancelled and remaining profit will be archived/held if any of the following happens:
- Client withdraws first N10,000 bonus profit or;
- Clients first Bonus Profit withdrawal.
- To release the archived/held bonus profit for withdrawal or trading, the following conditions have to be met:
- The client has to make a deposit and;
- The client has to take trades totaling an additional 1 lot, exclusive of any trades taken before the bonus cancellation.
- The bonus account is considered active when the bonus has not been totally lost by the client or canceled by the company.
- No other bonus can be applied for while the Welcome No-Deposit Bonus is active.
- All deposits made by the client into the bonus account will be available for trading and full withdrawal, provided the client does not lose any part of their money after making a deposit.
- Any losses made by the client to parts of the bonus will be forgotten by the company each time the client makes a deposit into the account while it is still an active bonus account. There will be no deduction from the client’s deposit. The company bears the loss.
- The Client agrees that the Company may cancel the bonus and correct the profit made with it, with an amount equal to the bonus sum, in case of detecting any signs of abuse of the bonus program.
- The total remaining bonus will be canceled and deducted if any of the following conditions are met:
- The total remaining bonus in the account becomes less than or equal to ₦4,000.
- No trade has been opened in the bonus account within a period of 7 days.
- If the Client requests to opt-out or requests that the bonus is removed and has not made a deposit, the remaining bonus and bonus profit in the account will be canceled.
- The Company reserves the right to amend or modify the campaign terms without prior notice.
Last Updated 24/03/2022