About
General Bonus and Incentive Scheme Terms and Conditions at Unicorn Forex Broker
:A. Definitions
- Agent: UNFXB LTD is referred to as the broker in this text.
- Bonus or trade credit (Credit): A program in which a conditional amount is paid as an incentive plan or points to real users or legal companies who are contract partners with UNFXB LTD.
- Clients: All natural individuals or legal entities are said to have received the bonus in this text.
- Rules: All bonus terms and conditions are referred to as “Rules” in this document.
:B. General rules
- The bonus rules will govern the operation of UNFXB LTD in compliance with legal restrictions while respecting the rights of clients who use the broker’s services.
As a result, all bonus amounts, their calculations, cancellations, deductions, and all financial transactions associated with this program shall be administered and implemented in accordance with these guidelines. - The rules are related to the broker’s general offer on the unfxb.com website and for all parties (broker and users) outlining the limitations of activity and actually an agreement to receive the broker’s services.
- Receiving a bonus from the broker implies unequivocal acceptance of the rules outlined on this page by any natural person or legal entity. Accepting the rules and obtaining the bonus indicates that you have read and accepted the rules.
As a result, we underline the importance of reading the rules before obtaining the incentive. - The broker agrees to pay, compute, deduct, or cancel the incentive in accordance with the rules.
- The broker has the sole right to make changes at any time and without prior notice to the user.
- The broker may refuse to allow the user to use the bonus (or any other incentive plan) without providing a justification.
- The broker maintains the right to revoke or cancel the bonus at any time for any reason.
- The client agrees not to take legal action against the broker if the bonus is removed entirely or partially by the broker. If a dispute arises between the user and the broker, the parties must attempt to resolve the dispute in good faith and file a complaint in accordance with the laws of the country in where the broker is situated. It will be followed up on.
- If a third party manages the user’s account (transactions are done by a third party), the broker has the right to refuse to pay any money, points, deduct or cancel the bonus, or freeze the account.
- If the broker detects any abusive activities, such as arbitrage, it has the authority to freeze or block all user accounts.
- All trading regulations of the broker and its accounts apply to bonus transactions, and the user is expected to follow them. Click here to view the broker regulations.
:C. Transactions involving bonus funds
- There are unique terms and conditions for each incentive granted by UNFXB LTD, which are disclosed on a separate page on the broker’s website. Click to view the various plans and their particular conditions.
- Deposit bonuses are automatically or manually applied to the relevant trading account after 3 (three) days, depending on their terms.
- For the deposit bonus, the bonus amount for the first deposit is different from the bonus amount for subsequent deposits, and the user’s first deposit includes a larger bonus amount, whereas subsequent deposits, even if they are in another trading account, are considered the user’s next deposit and include a smaller amount of the bonus.
- Bonus amounts are only negotiated and the user cannot remove them.
- Bonuses are applied and accessible in the “Credit” area of the trading interface (MT5).
- The total amount of the bonus will be removed if the user withdraws the profit from trades or the principal of his deposit or transfers it to another trading account.
- In the event of a violation or noncompliance with the regulations, the broker has the right to block the user’s account (unless federal legislation or a local authority intervenes).
- When a Stop Out occurs (according to the trading account’s terms, the margin limit has reached a specific amount and the Stop Out order has been activated), the bonus is canceled and taken from the account. To access the accounts and their terms, go here.
- Each bonus will be active in the account for a defined amount of time, and even if no transactions have been made in the account, it will be removed from the account after the specified period. Click to view the various plans and their particular conditions.
- If the broker finds fraudulent conduct or abuse of bonus and incentive schemes for valid reasons, he has the authority to cancel the plan and withdraw compensation.
- If the broker suspects fraudulent activity or abuse of bonus and incentive plans for reasonable reasons, he has the right to cancel the plan, deduct the bonus, freeze or block the user’s account, or continue to offer the service to the user and unilaterally terminate the contract between the user and the broker.
- Withdrawal conditions from trading accounts that incorporate bonuses or other incentive schemes are subject to their individual terms. To access the accounts and their terms, go here. Unicorn Forex Broker UNFXB LTD is constantly striving to improve its services and create the greatest trading circumstances for its clients. Contact your account manager or the website’s online chat support feature to receive the trading bonus and UNFXB services.
UNFXBLTD is constantly striving to improve its services and create the greatest trading circumstances for its clients. Contact your account manager or the website’s online chat support feature to receive the trading bonus and UNFXB services.
