Non Deposit Bonus - Terms and Conditions

 

1. General terms

1.1. The promotion HAS BEEN SUSPENDED

1.2 The company-organizer is Mena-Investing.

1.3 The Company reserves the right to change the conditions or refuse to grant an incentive at any time.

1.4 The Company reserves the right to cancel the promotion at any time.

 

2. Participants

2.2 Only verified new users can participate in the promotion. For verification, you should upload the scan of your international passport to Private Office. You should also verify your mobile number. The organizer reserves the right to require additional documents for identification.

2.3 Types of accounts involved in the promotion: Welcome incentive $50 account with trading conditions similar Standard account.

2.4 Your account’s leverage can’t exceed 1:500.

2.4 The participant should read this terms carefully and follow these rules. Ignorance of the terms can't serve as a valid argument when submitting a claim.

2.7 Other promotions of the Company can't be applied to the account participating in this promotion.

2.8 Only a private individual can take part in the promotion.

2.9 No Deposit Bonus lasts for a period of 2 weeks. If a trader does not perform the necessary to request a withdrawal. The bonus and all associated trades will be removed. 

 

3. How to receive the incentive

3.1 To receive the welcome incentive you should open and verify a real account through the website or an account manager

 

4. Getting the incentive

4.1 Incentive is granted automatically, provided all the required conditions are met.

4.2 Incentive can only be claimed once. The incentive can't be granted twice.

4.3 Incentive funds are credited as long as the campaign is valid.

4.4 Profit received from trading with the $50 incentive is available for withdrawal.

4.5 Partial withdrawal of the profit is possible if profit exceeds $100. Maximum Withdrawals are of $500.

4.6 The withdrawal of the incentive amount is prohibited

4.7 Customer must complete trades in total of 5 Standard Lots 

4.8 Getting incentive and/or trading incentive funds ON TWO OR MORE ACCOUNTS with same IP-address is prohibited.

4.9 Trading through an anonymous proxy server on the incentive account is prohibited. If more than 5 (five) connections from differed IP addresses belonging to different regions are detected, the incentive will be cancelled. If any suspicion of fraudulent activity arises, and/or falsification of client's documents is detected, the client's account may be disqualified and the client may be denied service.

4.10 Multidirectional trading is prohibited in the incentive account. In a case of violation of this term, the Company can cancel incentive and part of the profit earned as a result of the trade on the basis of the proportional ratio of own funds to the client’s profit obtained in the incentive account.

4.11 Incentive funds are the Company’s property.

4.12 Primarily the client's own funds are used in trading.

 

5. Claims

5.1 All claims can be sent to the email: [email protected].

5.2 All claims should include the participant’s name and address, account number and a thorough description of the problem.

 

BONUS - TERMS AND CONDITIONS

1.                    Mena Investing promotes a 10%  Bonus Offer (the “Offer”) to its Clients, subject to the terms and conditions contained in the present document.

2.                    By opening a trading account and applying for this Offer, the Client acknowledges that he has read and agreed to be bound by these terms and conditions and the Mena Investing Trading Terms and Conditions which are available on this website.

3.                    This 10%  Bonus Offer supersedes all previous  Bonus promotions and no further  Bonus will be provided on any previous promotions. This Offer is not available for Clients who reside in Australia, UK, Indonesia, Bangladesh, India, Pakistan, Vietnam, Cambodia, Laos, Japan and the People’s Republic of China or any of its Special Administrative Regions In addition, this Offer is not available for Clients who opened an account through www.mena-investing.com

4.                    In order to be eligible for this Offer, the Client must satisfy each of the following requirements:

4.1             the Client must act in good faith in applying for this Offer

4.2             the Client must have authorised any application to Mena Investing for this Offer

4.3             the Client must provide true and accurate details and information in connection with this Offer, including without limitation the Client’s telephone contact details

4.4             the Client must not have previously obtained this Offer (regardless of the number of accounts which the Client maintains with Mena Investing)

4.5             the Client must not be an employee or partner of Mena Investing

4.6             the Client must never have participated in Abusive Behaviour (as defined in paragraph 5 below) in relation to any other offer or promotion made by Mena Investing

4.7             the Client must not be associated with any person who has participated in Abusive Behaviour (as defined in paragraph 5 below) in relation to any other offer or promotion made by Mena Investing.

 

5.                  This Offer, and the retention of the Offer by the Client, is conditional on the Client complying with the Mena Investing Trading Terms and Conditions and on the Client meeting the following conditions at all times:

5.1            the Client acts in good faith in relation to this Offer

5.2            the Client does not participate in any abuse, improper conduct, or attempted abuse or improper conduct in relation to this Offer or, in either case, any previous abuse or improper conduct in relation to a previous similar Offer or promotion by the Client (together, "Abusive Behaviour").

5.3            Abusive Behaviour includes the following:

5.3.1            giving instructions on behalf of a Client without due or proper authority;

5.3.2            repeatedly failing to respond to an email for a period of 15 days or more;

5.3.3            the Client, by himself or acting with others (including an Introducing Broker), constructing a trading position or positions which have the purpose or effect of extracting the credit provided, and/or the profits generated by the  Bonus, without exposure to economic risk, including without limitation loss of the  Bonus or the Client's capital (or the capital of others);

5.3.4            the Client, by himself or  acting with others, having an account or accounts where    the accumulated  Bonus or bonuses from other offers or promotions in the account is greater than the amount which could have been accumulated if the Client and such others had complied with the terms and conditions of this Offer and such other offers or promotions based on the specific offer(s) or promotion(s) in which the Client has participated or is participating;

5.3.5            the Client hedging his positions including, without limitation, by holding open position(s) on the opposite of a trade, including, by way of illustration only, through use of a single or correlated currencies, at given periods, internally (using other trading accounts held with Mena Investing) or externally (using other trading accounts held with other brokers);

6.                  Subject to Mena Investing’ s Trading Terms and Conditions and the present 10%  Bonus Terms  and Conditions (each Client other than a Client excluded in accordance with paragraph 3 above or who does not satisfy the conditions in paragraph 5 above) (an “eligible client”) will be entitled to receive a 10% bonus (the “ Bonus”) on any deposits up to a maximum of US$1,000 (or the equivalent amount in other currencies) per Client. Where the Client reaches a stop-out limit (i.e. his balance falls below 5%and all his positions are closed), he will be entitled to an additional 10% bonus (the “Additional Bonus”) on his next deposit up to a maximum of US$1,000 (or the equivalent amount in other currencies). Please note that the maximum amount limits referred to in this paragraph shall apply on a per-Client (rather than on a per-account) basis and shall in no way be affected by the number of accounts which a Client holds with Mena Investing. THE  BONUS CANNOT BE CASHED IN and Clients will not be allowed to withdraw from their account(s) the  Bonus (see paragraph 13 for further details).

7.                  The  Bonus applies only to deposits made by Clients during the period set out in paragraph 3 above. The  Bonus is only available to Clients who deposit US$500 (or the equivalent amount in other currencies) or more into their trading accounts and the life of the granted  Bonus is 3 months.

8.                  No trading account of a Client will be credited with the  Bonus if that account is already subject to another promotion. If the Client's trading account is already subject to another promotion, the Client may open a separate account for the purpose of receiving the  Bonus. The Client acknowledges that in the case of an internal transfer from an account already subject to another promotion (excluding the case mentioned in paragraph 9) any  Bonus or Additional Bonus already granted to this existing account will be automatically subtracted and removed in order for the Client to be eligible to receive the 10%  Bonus into his new account.

9.                  Clients that have their accounts funded through their Introducing Brokers are not eligible to receive the  Bonus. In addition, Introducer Brokers will not be eligible to receive commissions for trading on Bonus funds.

10.                 Once all of the requirements set out in these terms and conditions have been met, the  Bonus will be credited into an eligible Client's account, as a notional sum. The  Bonus will not be recorded or construed as a liability of Mena Investing towards the Client and may be unilaterally, retroactively  and  unconditionally  withheld,  subtracted,  cancelled  or  removed  from  a  Client's accounts, at any time and at the sole discretion of Mena Investing in accordance with the terms set out in paragraph 19 below.

11.                 The  Bonus may also be removed in full by Mena Investing (following a Client's withdrawal request or request to transfer funds between accounts at Mena Investing (whenever that request is made) and immediately prior to the fulfilment (if fulfilment is possible) of the request. In addition and if requested by the Client during trading, the remaining  Bonus may only be removed provided that all of the Client’s positions are closed.

12.                 Following receipt of the  Bonus, if the Client requests a withdrawal of funds from his account or requests a transfer of funds from one Mena Investing account to another Mena Investing may:-

12.1.         (where the Client has not received the Additional Bonus) prior to the fulfilment of such request, at its sole discretion, to remove from the Client's account a sum which equals the  Bonus previously granted. If there are insufficient funds in the Client's account to enable the removal of a sum equaling the  Bonus, Mena Investing shall be entitled to remove all sums in the account; or

12.2. (where the Client has received the Additional Bonus) prior to the fulfilment of such request, at its complete sole discretion, to remove from the Client's account a sum which equals the Additional Bonus. If there are insufficient funds in the Client's account to enable the removal of a sum equaling the Additional Bonus, Mena Investing shall be entitled to remove all sums in the account.

13.                 Please see below examples of how withdrawal requests will be processed:

Example A

Initial Deposit: US$ 10000

Bonus: (Initial Deposit * 10%) with maximum limit at US$ 1,000 (US$ 10000 * 10%) = US$ 1000

Starting Equity = (Bonus + Deposit) = (US$ 10000 + US$ 1,000) = US$ 11000 Profits = US$ 9000

Balance = US$ 20000

Eligible withdrawal amount: (Balance – Bonus) = US$ 20,000 – US$ 1,000 = US$ 19000

Example B

Initial Deposit: US$ 10000

Bonus: (Initial Deposit * 10%) with maximum limit at US$ 1,000 (US$ 10000 * 10%) = US$ 1000

Starting Equity = (Bonus + Deposit) = (US$ 10000 + US$ 1,000) = US$ 11000 Profits = US$ -7,000

Balance = US$ 4,000

Eligible withdrawal amount: (Deposit * Balance) / Starting Equity = (10,000 * 4,000) / 11,000 = US$ 3,637

 

14.                If Mena Investing proceeds with the withdrawal of the  Bonus or Additional Bonus from the Clients’ account(s) in accordance with paragraph 13 above, such action shall not give rise to any cause of action, liability or remedy against Mena Investing.

15.                The Client acknowledges that Forex and CFDs are leveraged products which involve a high level of risk. When trading in such products, the Client understands that it is possible to lose all of his capital. These products may not be suitable for everyone and the Client should ensure that he understands the risks involved.  The Client should seek independent advice if necessary.

16.                This Offer is independent and, save as set out in paragraph 4 above, does not affect any promotions previously offered by Mena Investing. Clients should contact their account managers if they have any questions (or wish to make requests) in relation to this Offer or previous promotions.

17.                If Mena Investing in good faith has reason to believe that a Client (whether individually or as part of a group) has failed to comply with the conditions set out in paragraph 5 above, Mena Investing is entitled at its sole discretion, to: (i) deny, withhold or withdraw from that Client the  Bonus (and the Additional Bonus if applicable) (ii) to withhold, cancel and subtract, from that Client’s   account(s) and/or from any other account(s) related to such Client account(s) the  Bonus, (iii) to offset any resulting losses against related/hedged winning accounts, (iv) to terminate that Client's access to services provided by Mena Investing and/or terminate the contract between Mena Investing and the Client for the provision of services, (v) to block that Client's Account(s) (save where required otherwise by a relevant authority) and to arrange for the transfer of any unused balance (less the  Bonus and any Additional Bonus if applicable) to the Client and (vi) to cancel any profits, as well as   any Introducing Broker’s fees, generated from Abusive Behaviour.

18.                 Mena Investing has the right to levy an administration charge on the Client up to the value of the  Bonus to cover any costs incurred by Mena Investing in respect of validating or investigating information provided by the Client to Mena Investing or contacting the Client.

19.                 Mena Investing may ask the Client to provide sufficient documentation as the Company thinks fit and necessary in order be satisfied as to the Client’s identity before granting any bonus.

20.                 These Terms & Conditions are made in English. Any other language translation is provided as a convenience only. In the case of any inconsistency or discrepancy between the original English text and its translation into any other language, as the case may be, the original version in English shall prevail.

21.               Bonus Trading is not allowed (i.e. Hedging, Full Equity Trading, ...)