30% Welcome Bonus Terms and Conditions

1.      This 30% Bonus is open to new and existing Clients who place a first-time deposit into their Live trading account with Zeal Capital Ltd. (hereinafter ‘ZEAL CAPITAL’). With the 30% Bonus ZEAL CAPITAL will deposit 30% credit into the trading account of the Client, subject to the terms and conditions below. This Offer commences on 1^st August 2022 at 00:00 and is valid until the 31st of December 2022 23:59 (GMT+2), whereby the promotion will expire. 

2.      ZEAL CAPITAL promotes a 30% Credit (hereinafter the ‘Offer’) on the first deposit placed by the client during the period of the promotion. The offer is subject to the terms and conditions contained in the present document and subject to all existing ZEAL CAPITAL’s terms and conditions.

3.      By registering, opening a live account, and or accepting the terms and conditions within the applicable landing pages and/or client member’s area, the trader is acknowledging that they have read, understood and agree to be bound by the terms and conditions of this Offer.

4.      The Bonus will be applied to the trading account only after the acceptance of the terms and conditions. They will be credited to the trading account within three business days.

5.      This Offer is open to existing and new Clients of ZEAL CAPITAL who make a first-time deposit into their Real STP trading account, and who trade with any instrument Offered by ZEAL CAPITAL.

6.      This Offer is ONLY available to clients in MENA 

7.      This Offer is ONLY available to clients

 8.      The Offer is available for all Base Currency Accounts.

9.      This Offer is not available for clients under ZEAL groups.

10.  The minimum deposit to apply for the Offer is USD 100 or currency equivalent.

11.  Additional deposits of any amount do not qualify for the promotion.

12.  The maximum Credit that can be obtained via the Offer is USD 9,000 or currency equivalent.

13.  Maximum leverage associated with this offer is 1:500. ZEAL CAPITAL is not liable for any loss due to the reduction in leverage.

14.  There is no minimum trading requirement to be eligible for this promotion.

15.  The stop-out level for accounts included in this promotion is at 30%. Once your margin level reaches 30% the system will start closing your positions automatically and the credit will be removed.

16.  The Offer may be used as a method to increase the maximum potential net position.

17.  The Offer amount cannot be lost.

18.  The Offer amount can be withdrawn only minimum trading volume is met in 30 days after the bonus credited.

19.  Internal transfer of the Offer is prohibited.

20.  Recommended margin call and stop out levels that will be accepted for this promotion are: Margin call: 100% Stop out: 30%

21.  The English version of this document shall supersede, in the incidence of any discrepancy in the terms of this Offer, once translated into other languages.

22.  Any withdrawal made from the Client’s account will result in the bonus credit being fully removed.

23.  The bonus credit will be eliminated on the last day of this promotion. (23:59 31st December 2022 GMT+3).

24.  Offer applies to traders on MT4 only. 

25.  Under no circumstances shall ZEAL CAPITAL be liable for any consequences of any

Offer cancellation or decline, including, but not limited to order(s) closure by Stop Out. This is inclusive of the removal of the 30% bonus at the end of Offer date.

26.  Table of examples of the 30% Bonus part of the Offer:

First Time Deposit (USD)	Calculation	Bonus Credit (USD)
100	30% of 100	$30
300	30% of 300	$90
1,000	30% of 1,000	$300
3,000	30% of 3,000	$900
10,000	30% of 10,000	$3,000
30,000	30% of 30,000	$9,000

27.  Credit Conversion

Participant can convert the [Bonus Credit] into cash when the [Minimum Trading Volume] Requirement corresponding to the [Deposit] has been met after completed 30 days from the date of given credit. Participant must reach the [Minimum Trading Volume] of the total [Deposit] accumulated to convert the [Bonus Credit] to cash.

[Minimum Trading Volume] Calculation: [Minimum Trading Volume] = [Bonus Credit] * / (Per lot dollar amount)

Per Lot Dollar Amount =

3 usd per lot for deposits under $1000

4 usd per lot for deposits of $1000-$2999

5 usd per lot for deposits of $3000-$9,999

6 usd per lor for deposits of $10,000 and above

First Time Deposit	Qualification	Credit Received	Volume Requirement (Lots)
$100	30% of $100	$30	10
$300	30% of $300	$90	30
$1,000	30% of $1,000	$300	75
$3,000	30% of $3,000	$900	180
$30,000	30% of $30,000	$9,000	1500

 Trading volume is calculated in lots.

‘Lots’ definition: 1 lot means 1 standard lot of a completed opened and closed transaction.

The [Trading lots requirement] will be calculated 30 days after the day the credit has been granted. If the participant meets the requirement for each deposit, the correspond [Bonus Credit] Bonus will be converted to cash and transfer to the participant’s balance.

Orders opened and closed within one minute will be excluded from the [Minimum Trading Volume] calculation.

All hedging orders in the opposite directions within 120 seconds after opening a position will be excluded from the [Minimum Trading Volume] calculation.

Individual stocks are excluded from the lot calculation.

Account will be stopped out if participants total account equity (own balance + current floating profit/loss + swap + Bonus amount – per trade commissions) decreases below the Stop Out Level, STP account is 30%

Lot calculation period: Client must complete lot requirement 30 days after the day the credit has been granted after this date, all remaining [Credit] will be removed. For example, if credit is granted on the 1st of August, on 31th of August the credit is turned into cash if the client achieved the required volume or the credit will be removed if the client failed to achieve the required volume.   

28.  This Offer cannot be combined with any other Bonus or cashback based on trading volume which ZEAL CAPITAL may offer. Should a client’s trading account already have an existing Bonus, then they will not be able to opt into this promotion OR by accepting these Terms and Conditions, the Client also accepts that the previous Bonus will be removed prior to the new Offer being applied. 

29.  ZEAL CAPITAL employees, Introducing Broker accounts, and Affiliate accounts cannot participate in this promotion. 

30.  If ZEAL CAPITAL suspects or has reason to believe that a client has abused or attempted to abuse the terms of this Offer or any other Offer presented by ZEAL CAPITAL, or has acted in bad faith, ZEAL CAPITAL reserves the right, at its sole discretion, to deny, withhold, withdraw or terminate the Offer from the client and, if necessary:

(i)    to withhold, cancel and subtract from that Client’s account(s) any benefits directly or indirectly linked to the Offer, including but not limited to, the Offer amount, any profits made in bad faith, any rebated or kickbacks related to the trades in question,

(ii)   to terminate that Client’s access to services provided by ZEAL CAPITAL and/or terminate the contract between ZEAL CAPITAL and the Client for the provision of services

(iii)  to block that Client’s Account(s) (however, save it where otherwise required by a relevant authorities) and to arrange for the transfer of any unused balance, less the Offer amount as well as any profits which the Company deems, at its sole discretion, to have been gained via Abusive Behaviour, to the Client. Where Abusive Behaviour includes but is not limited to:

A)   Where a client, by himself or acting with others (including an Introducing Broker/ Affiliate/ Money Manager) established a trading position or positions which have the purpose or effect of extracting the Credit provided and/ or profits generated by the Offer, without exposure to economic risk, including without limitation loss of the Offer or the Client’s capital (or the capital of others).

 

B)   Where the Client, by himself or acting with others (including an Introducing Broker/ Affiliate/ Money Manager) hedges his positions, including without limitation, holding open position(s) in one direction, including by way of illustration only, single or correlated currencies, at given periods, internally (using other trading accounts held with ZEAL CAPITAL) or externally (using other trading accounts held with other brokers).

C)   Abusing the negative balance protection with high volume trades on the news or at the close time of the market before the weekend or holidays, or at the close time of the indices.

D)   Latency abuse strategy

E)   Any trading pattern that ZEAL CAPITAL, in its sole discretion, deems to indicate a lack of genuine interest in trading in the market and/or exposure to market risks but purely to benefit financially from the Offer and leveraging the offer to benefit financially in bad faith.

F)    Any trading pattern that indicates intention to generate income from rebates and/or commissions and/or any other financial benefits for the Client or others (including an Introducing Broker/ Affiliate/ Money Manager) and which indicate a lack of genuine interest in trading in the market and/or exposure to market risks but to generate trading volume.

 

31.  In the event an account has open positions, or a floating profit/loss and the Offer amount is removed for any reason, ZEAL CAPITAL will not be liable for any adverse effects. 

32.  ZEAL CAPITAL is not responsible for any delay of orders execution, technical interruption to connect to the Internet on the client side and on third party network services. This may directly or indirectly affect client participation. 

The participants in this promotion agree that ZFX shall record a video, collect a photo as well as an interview or allow ZFX to use the information for marketing purpose and PR materials. 

33.  It is important that Eligible Clients are aware that their risks are not limited to their deposit(s) and that by making a qualifying trade it is possible to lose more than their deposit. In some circumstances, losses may be considerably more than any initial or minimum deposit. 

34.  ZEAL CAPITAL reserves the right, at its sole discretion, to alter, amend or terminate the Offer, or any aspect of it, at any time and without prior notice.

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