Bacera is launching an iPhone 8 / iPhone 8 Plus or iPhone X Client Reward Promotion for new clients. New clients who meet the below terms and conditions (“Terms and Conditions”) will receive an iPhone 8 / iPhone 8 Plus or iPhone X from Bacera.
Promotion Participation Terms and Conditions
- The Promotional Period (“Promotion”) shall run from 01 October 2017 to 31 October 2017. All clients participating in this Promotion must open the appropriate trading account with Bacera and make their initial margin deposit within the above time frame. Clients who participate in the Promotion can make arrangements to receive their iPhone 8 / iPhone 8 Plus or iPhone X before they fulfill the promotional requirements.
- New trading accounts utilizing Expert Advisors (EA) or Leverage 400:1 or that are funded via credit card are not eligible for this Promotion.
- The Promotion is only available to clients in jurisdictions where such Promotions are permitted by law.
- This Promotion is available to new clients only. The Promotion will be limited to one eligible participating trading account per client. Each client is entitled to receive a maximum one (1) Reward offered through this Promotion, regardless of the number of trading accounts he maintains with Bacera.
- Opening a new trading account under the Promotion indicates that the client acknowledges that he has read and agrees to be bound by the Promotion Terms and Conditions, as well as by Bacera’s Product Disclosure Statement (PDS) and Financial Services Guide (FSG). Clients must be in compliance with all account opening and trading requirements detailed by Bacera.
- In order to be eligible to keep the promotion item permanently, the client must meet the requirements specified by Bacera, deposit at minimum the required initial margin deposit, and complete the trading requirements.
- Bacera will not be responsible for any delays in receiving and crediting margin deposits to trading accounts caused by the processing times associated with using various payment providers.
- The client is solely responsible for any taxes, VAT, custom fees, or any other expenses that may occur at the time of collecting the promotion item from local authorities or service providers.
|Promotion (Initial) Margin Deposit||promotion item Description||Trading Requirements for permanent possession of promotion item||Time Limitation||Withdrawal Rules|
|Standard AC||Pro AC|
|$20,000||iPhone 8 64GB or iPhone 8 Plus 64GB||Equivalent of 150 reward points.||Equivalent of 200 reward points.||210 Days||Client must fulfill the Trading Requirements before he can withdraw any of the initial margin deposits (trading profits excluded), otherwise an amount equal to the stated value of promotion item will be automatically deducted from his trading account.*|
|$30,000||iPhone 8 256GB or iPhone 8 Plus 256GB or iPhone X 64GB||Equivalent of 200 reward points.||Equivalent of 250 reward points.||No Limitation|
|$50,000||iPhone X 256GB||Equivalent of 250 reward points.||Equivalent of 300 reward points.|
|$100,000||iPhone X 256GB & 42mm Apple Watch 3 Stainless Steel Case with Sport Band (GPS + CELLULAR)||Equivalent of 400 reward points.||Equivalent of 450 reward points.|
Reward point values are as follows:
> Per round-turn lot of Gold/Silver/Copper/Oil/Natural Gas/Indices Future/Agricultural Future equals 1 point
> Per round lot of Forex equals 0.25 point
> Spot Indices and Shares have no point value.
* The market value and supply of promotion items relies on the price and stock of the Apple Store.
* The market value of prize is calculated after tax in the region.
Receipt of Promotion Item
- To claim the promotional item, the client needs within 5 working days after confirmation of margin deposit to send an email via the email address on file with Bacera to email@example.com. The email must be received within 5 working days, or the client forfeits his right to the promotional item.
- The promotion item can either be shipped by mail to the client’s home address on file with Bacera, or can be transferred in person at a Bacera representative office. If the device model specified in the Promotion is no longer available, then Bacera will choose an alternate device model or promotion item of equal value at its sole discretion.
- The promotion item will be shipped or transferred to the client within 10 business days after received from Apple Store and Bacera verifying that the client has fulfilled his Promotion requirements. Bacera will not be responsible for any loss, damage or non-receipt of promotion item once transferred or shipped to the client.
- The client acknowledges that in the event he makes a withdrawal of margin related to this Promotion in violation of the withdrawal rules after he has received his promotion item, or his trading account equity (Excluding bonuses and credits gained from other Bacera promotions) is less than or equal to the stated value of the received promotion item at any time, Bacera is entitled to deduct an amount equal to the stated value of the received promotion item from his trading account.
- The client acknowledges in the event that any credit bonus or equivalent value of received promotion item is deducted from the client's trading account because the client has failed to fulfill the requirements of the promotion, the client accepts that he or she has lost his or her eligibility in the promotion after the deduction is executed, and any bonus or promotion item or equivalent value of received promotion item is permanently forfeited. If the client wishes to participate in the promotion again, or any other promotion offered by Bacera, his or her participation will be determined at Bacera's discretion.
- In the event that it has a reason to suspect that a client has abused or attempted to abuse the Promotion or has used specific programs to cheat, or has otherwise acted with a lack of good faith, Bacera reserves the right, at its sole discretion, to deny, withhold or withdraw from the client his eligibility to participate in the Promotion, and Bacera is entitled to automatically deduct an amount equal to the stated value of the received promotion item from his Bacera trading account.
- Bacera reserves the right to modify, change or terminate this Promotion at any time, without the consent of the client. Bacera also reserves the right to modify terms of this Promotion without notice.
- Below are scenarios outlining what happens when the trading account equity (excluding bonuses and credits gained from other Bacera promotions) becomes less than or equal to the stated value of the received promotional item at any time.
- If the client participates in both the Bonus and Reward Promotions, and their trading account equity becomes less than or equal to the combined stated value of the received promotional item and credit bonus at any time, Bacera is entitled to deduct an amount equal to the combined stated value of the received promotional item and credit bonus from the trading account.
- If the client's trading account has open positions, the account will be set to "liquidation only", and will no longer be able to open new positions. If the client does not liquidate any positions, the platform will be automatically liquidate positions at the next market day close time (21:00 GMT Summer Time, 22:00 GMT Winter Time). Regardless of the account balance after the liquidation, Bacera is entitled to deduct an amount equal to the stated value of the received promotion item and credit bonus from the trading account.
- The following examples for reference only and are subject to relevant activities -
Client deposits $20,000, receives a Credit Bonus of $3,000 and applies for the iPhone 8 Plus 64GB Silver (reference price $998). If the client’s trading account equity becomes less than $3,998 and the client does not complete both trading requirements [Equivalent to 150 reward points for the Reward Promotion and 450 round-turn lots for the Bonus Promotion] with no open trading positions, Bacera will deduct from the trading account the $3,000 credit bonus and $998 for the promotional item.
Client deposit $20,000, receives a Credit Bonus of $3,000 and applies for the iPhone 8 Plus 64GB Silver (reference price $998). If the client’s trading account equity becomes less than $3,998 and the client does not complete both trading requirements [Equivalent to 150 reward points for the Reward Promotion and 450 round-turn lots for the Bonus Promotion] and the client’s trading account has an open position of 1 lot of the Gold CFD, the account will be set to "liquidation only", and will no longer be able to open new positions. If the client does not liquidate the position, the platform will automatically liquidate the position at the Gold CFD closing price at the next market day close time. Bacera will deduct from the trading account the $3,000 credit bonus and $998 for the promotional item after the position liquidation.
- Example 1
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 invested capital. These products may not be suitable for everyone, and the client should ensure that he understands the risk involved. The client should seek independent advice if necessary.
Trading CFDs may not be suitable for everyone, so please ensure that you fully understand the risks involved. Bacera Co Pty Ltd does not issue personal financial advice, recommendations or opinions in relation to acquiring, holding or disposing of a CFD. Bacera Co Pty Ltd is not a financial adviser and all services are provided on an execution-only basis. The information in this Promotion is not directed at residents of the United States, and is not intended for distribution to or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Bacera Co Pty Ltd reserves the rights to modify the terms and conditions at any time, without notice.