Terms of "Invite a Friend" bonus program
StreamForex offers an unlimited number of its clients to take part in the "Invite a Friend" bonus program. Participation in the "Invite a Friend" bonus program confirms the fact of consent and full acceptance of all clauses of these Regulations.
1. Terminology
1.1. Agent - a registered client of StreamForex, who invites a Friend.
1.2. Friend - a new client of the company who is invited by the Agent.
2. Terms of the Program
2.1. Each client of the company can invite a Friend.
2.2. You can invite a Friend by sending a message (e-mail, SMS or a special link), through the " Invite a Friend" section in the Trader's Personal Account.
2.3. The Agent can send no more than 20 invitations and no more than 2 invitations to one Friend within 24 hours.
2.4. The friend must be a new customer of the company. It is forbidden to invite registered customers.
2.5. Both the Agent and the Friend receive a reward after registering and replenishing the trading account by the invited Friend.
2.6. A client who has family ties with the Agent can’t be a friend.
3. Reward
3.1. Friend
3.1.1. friend receives a bonus +15% of the amount of all deposits in his trading account within 30 days from the date of the first deposit. The reward is not applied when making a deposit to the "Vault".
3.1.2. Transfer of funds from account to account is not considered a deposit.
3.1.3. The reward is credited to the trading account in the "Credit" column and is initially unavailable for withdrawal, but at the same time fully participates in maintaining free funds and the margin level, including in the event of a drawdown (the Stop out level on the account does not change, but still corresponds to the level, declared in the section "Specification of trading instruments" on the Company's website).
3.1.4. If the Friend has several accounts, the accrual of reward will be made only to the one to which the deposit has been made.
3.1.5. The reward can be worked out and transferred to the "Balance" column. In order to transfer reward from credit funds to the "Balance", you need to make transactions with a total volume (lots) of at least 10% of the amount of the accrued interest within 90 days from the date of the first deposit.
Example: A friend deposited $100 in a trading account and received a reward of $15. After 20 days, I made a deposit of $50 and received $7.5. In order to transfer $22.5 of credit funds to the "Balance" column, he needs to conduct transactions with a total volume of 2.25 lots within 90 days from the date of the first deposit.
To transfer the reward from credit funds to "Balance", you must send a request to bonus@streamforex.net. In the email, indicate the number of the trading account to which the reward was accrued.
3.1.6. The reward is debited in full:
upon the expiration of 90 days from the moment the first reward was credited, if it has not been worked out.
in case of transferring funds to another trading account, or to a vault from an account that has a reward.
in case of confirmation of the request for withdrawal of funds (from an account that has a reward) with a code from an SMS message.
in the case when the account balance becomes negative and there are no open positions.
when the condition for the transfer of reward to the column "Balance" is met.
3.1.7. The maximum amount of reward in total for all deposits can’t be more than $500.
3.2. Agent
3.2.1. The Agent receives a reward from the Friend's trading volume: $20 for each closed full (1.0) lot, but not more than 10% of the sum of all deposits of the Friend's trading account within 30 days from the date of the first deposit.
3.2.2. The Agent receives a reward from the Friend's trading volume within 90 days from the date of the first deposit of the Friend's account.
3.2.3. The maximum amount of the Agent's reward from each Friend can’t be more than $500.
3.2.4. The Agent receives an additional amount of reward in the amount of +10% if the amount of the first deposit of the Friend is more than or equal to $100. Additional reward does not reduce the maximum amount of reward (clause 3.2.3) from this Friend.
3.2.5. All rewards to the Agent is credited to a special Agent account.
3.2.6. Funds from the Agent Account can be withdrawn by transfer to any other real account. The minimum amount for this operation is $20.
Example: One Friend was invited by the Agent. A friend has funded his trading account with $100. The agent is immediately credited with an additional reward of $10 (clause 3.2.4). Then the Friend carried out 2 trading operations with a volume of 0.1 and 0.05 lots. The agent was credited with reward of $2 and $1 respectively (clause 3.2.1). The maximum reward amount will be $10. If within 30 days after the first deposit the Friend makes another deposit of $200, then the maximum amount of the Agent's reward will be $30.
4. Final Regulations
4.1. Locked transactions made within 2 minutes on one symbol with the same volume in the opposite direction (BUY and SELL), at the discretion of the Company, may be excluded from the calculation of the Agent's reward.
4.2. In the event that management of different accounts or trading from one IP address and/or computer is detected, all accounts can be blocked, the profit received from trading and non-trading operations can be canceled, and the client is denied service.
4.3. The Company reserves the right to cancel the received reward of the Agent, as well as completely exclude him from participation in the program, if it is revealed that the terms of the program are abused by him.
4.4. StreamForex administration reserves the right to make changes to these Regulations, about which the company will inform program participants in advance.
