August 2024 Client Promotion
Promotion Period
- 01 August 2024 – 31 August 2024 (MT4/MT5 Platform Time).
Participation Eligibility
- Participation in this Promotion is opened to all international Clients (except China Mainland and Taiwan Clients). Each Client, identified by the same identification, may participate only once.
Promotion Details
- During the Promotion Period, when the Client meets the specified criteria of Net Deposit as outlined in the table below, the Client may apply for the corresponding cashback and 20% credit bonus on the Net Deposit.
August 2024 Client Promotion |
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Net Deposit Requirement
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Cashback
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Credit Bonus
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500 |
10 |
20% credit bonus on the Net Deposit |
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1,000 |
30 |
20% credit bonus on the Net Deposit |
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2,500 |
100 |
20% credit bonus on the Net Deposit |
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5,000 |
250 |
20% credit bonus on the Net Deposit |
Application Time and Net Deposit Calculation
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- Clients can submit application to participate in this Promotion from 1 August 2024 to 31 August 2024. In case of delays due to unforeseen events, the last acceptable application (attached with reasonable explanation of the delay) date is 05 September 2024.
- The Client’s application date will determine the Net Deposit Calculation Period in order to receive cashbacks and bonuses. The calculation of net deposit shall start on the 01 August 2024. For example, if Client submits an application on 15 August 2024, the calculation period shall run from 01 August 2024 to 15 August 2024. On the other hand, if the Client submits the application after 31 August 2024, the calculation period shall run from 01 August 2024 to 31 August 2024. (Please note that if the Client does not actively submit an application to participate in this event, Anzo Cap will not automatically review or send cashbacks and bonuses to the Client.)
- Net deposits refer to the Total Deposits minus Total Withdrawals made within the calculation period. Internal transfer and commission are excluded from the Net Deposit Calculation. The Client can only use New Deposit to apply for the Promotion.
Credit Bonus Further Terms:
- The credit bonus will be credited to the respective trading account within 7 business days after the Client agrees to the terms and conditions on the Client Portal.
- The credit bonus will be calculated and distributed based on the net deposit of each individual trading account. To entitle for the credit bonus, the net deposit of such trading account must reach a minimum of USD $150.
- For example, if Client has three trading accounts A, B and C, all of which net deposits are USD 400, USD200 and USD 100 respectively. The total net deposit is USD700, so the Client is eligible to apply for cashback of USD 10 and at the same time, the Client is required to agree to the terms and conditions on the Client Portal. Once Anzo Capital receives the application and consent to the terms, Anzo Capital will take up to 3 business days to review the Client’s eligibility. On successful review on eligibility, Account A will receive a USD 80 bonus, Account B will receive a USD 40 bonus, but Account C will not receive the 20% credit bonus because the deposit does not meet the minimum requirement of USD 150.
- The total credit bonus amount of each trading account must not exceed USD $10,000.
- Only when the trading account balance is greater than the existing bonus balance, can this trading account apply for new bonuses with new deposit requests.
- Credit Bonus is NOT losable but can be used as margin。
Credit Bonus Cash Balance Conversion Rules
- The credit bonus can be converted to cash if the trading volume requirements are met; the required trading volume for bonus conversion is calculated as: Amount of Credit Bonus/2 (Rounding to the whole number).
- The minimum amount for conversion is half of the credit bonus currently held in the trading account.
- For example, if a Client has a credit bonus of $500 in their account, the minimum amount for credit bonus conversion is $250, and the Client needs to trade at least 125 lots to apply for bonus conversion.
- Please be informed that if Client applies for partial bonus conversion, the remaining bonus balance will be reset to zero.
- The calculation of trading volume will begin once the participant’s account meets the minimum net deposit requirement for bonus application.
- The trading products eligible for credit bonus cash balance conversion are Foreign Exchange (FX), Bullion, Crude Oil, and Stock Indices. Trading volume from Shares products is not included in the calculation.
- Transactions that are not eligible for cash conversion application:
- Hedge arbitrage trading
- Trades that are not accepted by Liquidity Providers
Internal Transfer and Withdrawal (Additional Notice):
- Internal transfers will be considered as withdrawals within the Promotion Period. Internal transfers from existing MT4/MT5 accounts will not be used for deposit accumulation towards your credit bonus calculation.
- Clients are allowed to withdraw at any time during the Promotion Period. However, there will be a 20% deduction on the existing credit bonus for each withdrawal or internal transfer regardless of profits or principal until all existing credit bonus is fully removed.
Please check here for detailed Terms & Conditions.
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