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"M.Gifts" Terms & Conditions

Overview

“M.Gifts” is a loyalty program (hereafter “M.Gifts”) for all MTrading clients. Each client is eligible to participate and claim monetary prizes. To be able to claim monetary prizes, the Participant should meet the trading volume requirements on each level. M.Gifts status bar presented in the Trader Room helps tracking the remaining number of lots to trade. Please see the detailed terms below.

General terms

  1. M.Gifts is offered by ServiceComsvg LLC (the Company) to its Clients under the following Terms.
  2. By applying for the M.Gifts participation, the Client acknowledges that he or she has read and agreed to be bound by the Terms and Conditions as well as the Company Terms and Conditions.
  3. M.Gifts is applicable to the Clients with verified Trader’s Room only.
  4. M.Gifts is applicable to M.Premium accounts only.
  5. Information on the Levels details, min required lots to level-up and prizes details are presented in Trader’s Room.

How to activate participation in M.Gifts

  1. To participate in M.Gifts, the client should click on the button “Deposit *minimum required amount* USD and get access to Gift boxes” in Trader’s Room promotions and deposit the minimum required amount or more in a single transaction. Once the deposit request status changes to 'Completed,' participation will be automatically activated. The minimum deposit amount varies by country.

How to claim Monetary Prizes

  1. Participants must meet the minimum trading volume requirements to be able to level-up and claim monetary prizes.
  2. Cash prizes to be credited to Participants’ wallet instantly. Once a cash prize is deposited to a Participant’s wallet, funds belong to him/her in full. A Participant can use this funds as per his/her decision.
  3. The Participant can withdraw cash prize from wallet directly or from trading accounts. Subject to all standard company fees and commissions.
  4. To claim prizes from the 7th and 8th levels, Participants must contact Company representatives via mail support@mtrading.com.

Miscellaneous

  1. At all times, ServiceComsvg LLC reserves the right to amend, change or cancel this promotion without any prior notice to current or prospective promotion participants.
  2. If the Company suspects that a Promotion participant has abused or attempted to abuse a Promotion or otherwise acted with a lack of good faith towards MTrading, MTrading’ reserves the right to deny, withhold, cancel or withdraw from that participant any credited funds from company side, and, if necessary, to cancel any terms and conditions of this promotion and client agreement with respect to that Promotion participant, either temporarily or permanently, or to terminate that participant`s access to the services and/or block that participant`s account(s).
  3. The monetary prizes are considered to be the property of the Company until the client reaches the required trading volume.
  4. Trading in the and CFD markets entails significant risk. Participation in the and CFD markets should not be undertaken unless the Trader is fully aware of and understands the risks involved in trading. Participation in this promotion should not be a motivating factor when considering participation in the and CFD markets.
  5. It is the responsibility of the client to ensure that all applicable taxes and fees on the monetary prizes in their country are paid.
  6. In case of any ambiguity or conflict or inconsistency between different translations of these Terms, the English version shall prevail.
  7. In case of additional questions related to the Promotion, Participants may contact MTrading at support@mtrading.com or contact their personal account-manager.

Definitions

“New Client” – An individual or corporation who, at the time of enrolment into this Promotion, does not have any live accounts or earlier registrations in the Trader’s Room at MTrading.

“Company” – ServiceComsvg LLC registered at PO Box 2897, Euro House, Richmond Hill Road, Kingstown, Saint Vincent And The Grenadines, VC0100

“Existing Client” – An individual or corporation who, at the moment of enrolment into this Promotion, has, or earlier was in possession of, any of the following accounts:

  • Registration in the Trader’s Room of MTrading;
  • Real trading account (currently active or deactivated).

“Participant” – An M.Premium Account user who applied for the M.Gifts through the Trader’s Room.

“Monetary prize” – A cash prize that the company deposits to the Participant wallet or other prizes such as “Luxury sport car” and “Travel”, which can be claimed once he/she meets min required lots terms on each level.

“Cash prize” – A money that the company deposits to the Participant wallet once he/she meets min required lots terms on each level.

“Travel”– A travel to the popular tourism places as per company choice on the date, when the Participant fulfilled all terms and conditions on the 7th level.

“Luxury sport car”– A sport vehicle as per company choice on the date, when the Participant fulfilled all terms and conditions on the 8th level.

“Minimum trading volume requirement” – The total volume required to trade before the client can claim monetary prize received from the Promotion. Trading volume is calculated in lots. Traded volume in lots can be checked by the Participant in the Trader Room by following progress on a special dashboard. Traded volume in lots counted as 1 lot = 100,000 USD Dashboard shows required volume in lots to be traded and current number of lots traded.

“Valid trade for the required total volume calculation” – a full round turn trade that complies with all three of the following criteria:

  1. The trade remained open at least 3 minutes 00 seconds;
  2. The profit or loss in this trade is more than 3 pips, where:
  • For instruments quoted to the 5th digit following the decimal point (e.g. GBPUSD – 1.32451), 1 pip is equal to a price increment of 0.00010;
  • For instruments quoted to the 3rd digit following the decimal point (e.g. USDJPY – 101.522), 1 pip is equal to a price increment of 0.010;
  • For spot metals 1 pip is equal to a price increment of 0.01;
  • For indices 1 pip is equal to a price increment of 1.0, which is also called an Index Point;
  • For other instruments 1 pip is equal to Tick Size, as provided in the Contract Specifications on MTrading website.
  1. The trade was not hedged, meaning that is has to conform with ALL of the points below to be considered a hedged trade:
  • The reversal position was opened within 15 minutes after opening the initial position;
  • The volume variance between the initial and reversal position does not exceed 20%;
  • The reversal position is closed within 15 minutes before or after the closing of the initial position.

"M.Gifts Boost offer" Terms & Conditions

Boost is an exclusive offer for M.Gifts participants to unlock rewards with fewer trades. Available on levels 1 and 2, participants must meet a minimum trading volume to unlock it. Purchased lots contribute to the cumulative trading volume of the M.Gifts total result. More details are below:

  1. Cost per 1 lot is 100 USD and can be purchased partially. Total lot(s) will be reflected in M.Gifts progress bar based on the completed deposit amount
  2. Purchased Boost lots to be reflected in M.Gifts progress bar within 1 hour of deposit status change to "Completed”
  3. Boost maximum available lots is reflected in TR M.Gifts landing page
  4. To unlock Boost trade minimum required lots, reflected in TR M.Gifts landing page
  5. Remaining purchased Boost lot(s) will be transferred to the next level automatically and reflected in TR M.Gifts landing page
  6. Unused unlocked Boost will be transferred to the next levels automatically and reflected in TR M.Gifts landing page