Participation

  1. The Promotion period shall run from 1 November 2017 until 30 November 2017. All clients participating in this Promotion must make their Promotion margin deposit within this time frame.
  2. The Promotion is only available to clients in jurisdictions where such Promotions are permitted by law.
  3. Trading accounts are funded via credit card are not eligible for this Promotion
  4. The Promotion will be limited to one participating account per client, and each client is eligible for only one Promotion and cannot claim multiple Promotions on his trading account.
  5. Existing Clients – In order for existing clients to participate in this Promotion, Bacera has to be notified in advance, so that margin deposits, turnover and withdrawal can be calculated from the start of the Promotion. Calculations made before the Promotion starts will not be taken into consideration. The existing client acknowledges that he has to comply with the Terms and Conditions of the Promotion.
  6. New Clients – New traders with Bacera will need to register and fund a new Standard or Pro Account in order to participate in the Promotion. All calculations will start at the time of account funding.
  7. Opening a new trading account under the Promotion means the client acknowledges that he has read, and agreed to be bound by these Terms and Conditions, as well as by Bacera’s Product Disclosure Statement and Financial Services Guide. Clients must be in compliance with all account opening and trading requirements specified by Bacera.
  8. Bacera will not be responsible for any delays in receiving margin deposits caused by the processing times associated with various payment method providers.

Promotion Criteria

Promotion Margin Deposit Turnover Requirements Withdrawal Rules
5,000 - 9,999
AUD
5% Credit Bonus
Client must trade a number of lots equal to the Credit Bonus X 15% in round-turn lots. Client must fulfill the Turnover Requirements before he can withdraw any of the promotion margin, or Credit Bonus will be forfeited.

Trading profit is available for immediate withdrawal, excluding any fees, swap, commissions, or rebates due to Bacera or Referral Parties.
10,000 - 19,999 AUD
10% Credit Bonus
Client must trade a number of lots equal to the Credit Bonus X 15% in round-turn lots. Client must fulfill the Turnover Requirements before he can withdraw any of the promotion margin, or Credit Bonus will be forfeited.

Trading profit is available for immediate withdrawal, excluding any fees, swap, commissions, or rebates due to Bacera or Referral Parties.
20,000 - 50,000 AUD
15% Credit Bonus
Client must trade a number of lots equal to the Credit Bonus X 15% in round-turn lots. Client must fulfill the Turnover Requirements before he can withdraw any of the promotion margin, or Credit Bonus will be forfeited.

Trading profit is available for immediate withdrawal, excluding any fees, swap, commissions, or rebates due to Bacera or Referral Parties.
  1. The max credit bonus per account is $50,000 x 15% = $7,500

Turnover Requirements Examples

Deposit Credit Bonus Bonus Amount Turnover Requirements
$5,000 AUD 5% Credit Bonus $250 AUD 37.5 round-turn lots (250 x .15)
$35,000 AUD 15% Credit Bonus $5,250 AUD 787.5 round-turn lots (5,250 x .15)
$50,000 AUD 15% Credit Bonus $7,500 AUD 1,125 round-turn lots (7,500 x .15)

Other Considerations

  1. The client acknowledges that in the event he makes a withdrawal of margin related to this Promotion in violation of the withdrawal rules after he has received his Credit Bonus, Bacera is entitled to deduct an amount equal to the Credit Bonus received.
  2. The client acknowledges that in the event he does not fulfill the Promotion Turnover Requirements within the specified timeframe after he has received his Credit Bonus, Bacera is entitled to deduct an amount equal to the Credit Bonus received.
  3. The client acknowledges that in the event that no transactions occur within 30 days of depositing the Promotion margin, Bacera is entitled to automatically deduct an amount equal to the Credit Bonus received from his Bacera trading account.
  4. The client acknowledges that in the event his trading account balance at any time becomes less than or equal to zero, or the trading account equity becomes less than Credit Bonus received, Bacera is entitled to automatically deduct an amount equal to the Credit Bonus from the client's trading account. If the client's trading account has open positions, the account will be set to "liquidation only", and will no longer be able to open new positions. Once the client closes all open positions, Bacera will deduct an amount equal to the Credit Bonus.
  5. The client acknowledges in the event that any credit bonus or equivalent value of received gift is deducted from the client's trading account because the client has failed to fulfill the requirements of the promotion, the client accepts that he or she has lost his or her eligibility in the promotion after the deduction is executed, and any bonus or gift or equivalent value of received gift is permanently forfeited. If the client wishes to participate in the promotion again, or any other promotion offered by Bacera, his or her participation will be determined at Bacera's discretion.
  6. In the event that it has a reason to suspect that a client has abused or attempted to abuse the Promotion or has used specific programs or otherwise acted with a lack of good faith, Bacera reserves the right, at its sole discretion, to deny, withhold or withdraw from client his eligibility to participate in the Promotion, even in cases where the client met the conditions set on above clauses, and if necessary, to cancel any Terms and Conditions with respect to that client, either temporarily or permanently, or terminate that client’s access to the service and/or block client’s account.
  7. Bacera reserves the right to modify, change or terminate this Promotion at any time, without the consent of the client. Bacera also reserves the right to modify terms of this Promotion without any notice.
  8. The client acknowledges that Forex and CFDs are leveraged products which involve a high level of risk. When trading in such products, the client understands that it is possible to lose all of his capital. These products may not be suitable for everyone, and the client should ensure that he or she understands the risk involved. The client should seek independent advice if necessary.
  9. Attention Existing Clients - Only margin deposited and trades executed after you join the promotion will be applied to promotional requirements. All margin deposited and trades executed prior to joining the promotion will not count. The trading volume of each bonus cycle is calculated on a first-in, first-out basis. After the completion of a bonus cycle, all calculations of margin-in and trade volume will be reset.

Other Information

  1. Below are scenarios outlining what happens when the trading account equity becomes less than or equal to zero, or the trading account equity becomes less than the Credit Bonus received.
    1. If the client participates in the Bonus Promotion, and their trading account equity becomes less than or equal to the credit bonus at any time, Bacera is entitled to deduct an amount equal to the credit bonus from the trading account.
    2. If the client's trading account has open positions, the account will be set to "liquidation only", and will no longer be able to open new positions. If the client does not liquidate any positions, the platform will be automatically liquidate positions at the next market day close time (21:00 GMT Summer Time, 22:00 GMT Winter Time). Regardless of the account balance after the liquidation, Bacera is entitled to deduct the credit bonus from the trading account.
  2. The following examples for reference only and are subject to relevant activities -
    1. Example 1
      Client deposits $20,000, receives a Credit Bonus of $3,000. If the client’s trading account equity becomes less than $3,000 and the client does not complete the trading requirement [Equivalent to 450 round-turn lots for the Bonus Promotion] with no open trading positions, Bacera will deduct from the trading account the $3,000 credit bonus.
    2. Example 2
      Client deposit $20,000, receives a Credit Bonus of $3,000. If the client’s trading account equity becomes less than $3,000 and the client does not complete the trading requirement [Equivalent to 450 round-turn lots for the Bonus Promotion] and the client’s trading account has an open position of 1 lot of the Gold CFD, the account will be set to "liquidation only", and will no longer be able to open new positions. If the client does not liquidate the position, the platform will automatically liquidate the position at the Gold CFD closing price at the next market day close time. Bacera will deduct from the trading account the $3,000 credit bonus after the position liquidation.

Risk Disclosure

Trading CFDs may not be suitable for everyone, so please ensure that you fully understand the risks involved. Bacera Co Pty Ltd does not issue personal financial advice, recommendations or opinion in relation to acquiring, holding or disposing of a CFD. Bacera Co Pty Ltd is not a financial adviser and all services are provided on an execution-only basis. The information in this advertisement is not directed at residents of the United States or any particular country outside Australia and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.