1.1 The Welcome Bonus Program (hereinafter the “Program”) is available to all Clients of the Company who have satisfied the criteria for this Program as set out in points 1.2 and 3.1 of the Terms and Conditions.

1.2 In order for a Client to be eligible to participate in the Program, the Client must have opened a Trading Account with the Company as per the Account Opening Agreement and must be over the age of 18 or the legal age applied in the clients country of residence or otherwise must not be considered as a "minor" in the country of residence.

1.3 The Client hereby acknowledges, confirms, and accepts to be legally bound by the Terms and Conditions as set out in this Program and/or any other legally binding Agreement between the client and the Company.

1.4 Through the Program, eligible Clients must apply on Radex Markets’ Client Portal to enter this Program and have to meet the required number of minimum standard lots traded within a trading period of 2 months from the Program acceptance date to qualify for the Bonus.

1.5 After a Client meets the required number of lots traded, they will need to notify the Company, and the company will then review the Client’s application and grant the “Welcome Bonus” to the Client, upon approval. Please note that it will take approximately three business days for the Company to review the Client’s Welcome Bonus application. Once approved, the Welcome Bonus will be credited to the Client’s MT4 or MT5 account.

2.1 The campaign period for this Program shall commence as of 2nd January 2024 and end on 31th of December 2024.

2.2 The Company has the right to amend, alter or terminate this Program at its sole discretion, and at any time without prior notice.

3.1 The Program only applies to new real trading accounts opened on or after the 1st March 2022, that are fully funded and activated. Applicable account types are STANDARD Accounts and RAW Accounts (MAM accounts/PAMM accounts, EA trading bot or any type of trading expert do not qualify for the Program).

3.2 The calculation of valid lots traded for the Welcome Bonus Program is based on the volume traded on Forex and Metal (Gold and Silver); any volume traded on Indices/CFDs, and Oil is not counted towards valid lots traded. Valid lots traded will be considered when a trade is closed. One standard lot means a lot traded Round Turn beyond 5 minutes. Any lot that is opened and closed within 5 minutes will not be counted as a completed lot traded.

3.3 The Welcome Bonus will be calculated based on USD only. Should the base currency of the trading Account differ, the appropriate conversion rate will apply.

3.4 The Company will not be liable for any potential issues or losses on the client’s front, including any financial losses that may be incurred during the campaign period. Forex and derivatives involve a high level of risk. There is a possibility that a client may experience a significant loss that can quickly exceed the initial investment. Please take extra care and be cautious when handling trading risks.

3.5 All Bonus and Incentive Programs are at the Company’s discretion.

4.1 Bonus under this Program is one-off and cannot be accumulated and/or claimed repeatedly.

4.2 Following a Client’s registration for the Welcome Bonus Program, and at least $200 net deposit remains on the account upon registration, as well as meeting the required minimum Standard Lots traded and notify the Company of their qualification by e-mail, live chat, or through their account manager. The Company will review the Client’s qualification and credit the corresponding bonus amount to their MT4/MT5 account upon approval. Further details on the Welcome Bonus Values are as follows:

For Example: A Client deposits USD $1,000 to their activated live Account, registers to join the Welcome Bonus Program, and subsequently completes 15 Standard Lots. After notifying Radex Markets of qualification, the Company will review the Client’s application. If all the requirements are met, the Bonus amount of $50 will be credited to the Client’s MT4/MT5 account. Henceforth, any further lots traded will not be included in the calculation of the Program.

4.3 Clients who have completed the number of required standard lots need to send an email to [email protected] from the registered email address on file to claim the bonus. Below is the template for a bonus-claiming email:
Subject: (Trading Account Number) + (Client Name) + Welcome Bonus Application
Email Content: (Trading Account Number) + (Client’s Full Name) + Numbers of standard trading lots completed
Clients could also notify Radex Markets through Live Chat or through their account manager.

4.4 The terms of 60 calendar days in this Program will come into effect after the Client has funded their trading account as well as being accepted by the Company to enter the Program. The Company will notify participants of acceptance via email.

4.5 After being accepted to enter the Program, the Client’s lots traded on the trading account will be deemed as valid lots traded. Please note, any lots traded prior to entering this Program and after the bonus is granted will not be counted towards valid lots traded.

4.6 The Welcome Bonus can be applied to one (1) Account per Client and per IP address only. In the event that a Client has already applied for the Welcome Bonus to a live Account, no other sub-account may apply for this Welcome Bonus under any circumstances.

4.7 Under this Program, the Welcome Bonus that each client can earn is up to USD $500.

4.8 The Program cannot be combined with other offers or other bonus programs offered by the Company.

5.1 The Company reserves the right to refuse to offer this Program at its sole discretion without the need to provide justification.

5.2 If the Company suspects or has reason to believe that a Client has abused and/or manipulated the Terms and Conditions of this Program by hedging their positions internally (using other trading accounts held with the Company) or externally (using other trading accounts held with other brokers) and/or has not acted in good faith, the Company reserves the right to refuse to grant the bonus.

5.3 If the Company suspects or has reason to believe that a Client has more than one account under this Program, the Company reserves the right to refuse to give the bonus.

6.1 Any dispute or situation not covered by these Terms will be resolved by the Company’s Management in a fair manner.

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

7.2 These Terms and Conditions are made in the English language. Any other language translations are provided as a convenience only. In the case of any inconsistency or discrepancy between the original English text and their translations, the original versions of English, shall prevail.

Date: December 2023