Alvexo is the brand name of HSN Capital Group Ltd which is supervised and regulated by the Financial Services Authority (FSA) of Seychelles under the
License Number SD030 and Company Registration Number 8422417-1, located at HIS Building, Office 5, Providence, Mahe, Seychelles
HIS Building, Office 5
Providence, Mahe,
Seychelles
TRADING BONUS SCHEME- TERMS AND CONDITIONS
1.
Introduction
1.1
Alvexo is the brand name of HSN Capital Group Ltd (hereinafter “the Company”), which is supervised
and regulated by the Financial Services Authority (FSA) of Seychelles under the License Number SD030
and Company Registration Number 8422417-1, located at HIS Building, Office 5, Providence, Mahe,
Seychelles.
1.2
The “Trading Bonus Scheme” terms and conditions is an integral part of the Company’s “Terms and
Conditions” and all provisions set herein are considered as an annex of all Company’s “Terms and
Conditions”.
2.
Conditions of Eligibility
2.1
The terms and conditions included herein apply to all bonus promotions referenced or listed on
alvexo.com, affiliated sites, or distributed in any and all forms of electronic communication.
2.2
Subject to, and without prejudice to, all other Company Terms and Conditions, the offer is available
to Clients who have satisfied the Eligibility Criteria for the offer (“Eligible Clients”) as set out in the
sections following hereinafter.
2.3
The Trading Bonus Scheme may be offered by the Company from time to time to Clients who open
real trading accounts with the Company, in cases where such clients are referred to the Company via
specific websites and/or social network sites in the context of certain specific promotions, and/or
surveys that the Company may be running from time to time on such specific websites and/or social
network sites.
2.4
The Company, at its reasonable discretion, offers the Trading Bonus Scheme to any Clients as it deems
appropriate and for as long as the Company deems to provide it.
2.5
Only persons who can form legally binding contracts under the laws applicable in their country of
residence may participate in the Trading Bonus Scheme. Without limiting the foregoing, participation
in the Trading Benefit Scheme, is not allowed for persons under the age of 18 or otherwise under
legal age in their country of residence ("minors").
2.6
Participation of Intermediaries/Related Parties in the Trading Bonus Scheme is prohibited. If the
registration and/ or trading data of a participant in the Trading Bonus Scheme corresponds with the
registration and/or trading information, including but not limited to IP address, of another participant
in the Trading Bonus Scheme, the Company reserves the right to regard this matching as a reason for
immediate disqualification. For the purposes hereof, the term Intermediary(ies)/Related Party(ies)
when used in these Terms & Conditions, unless the context otherwise requires, shall mean to include
any person or entity bearing a relationship with any participant in the Trading Bonus Scheme
including, without limitation:
Alvexo is the brand name of HSN Capital Group Ltd which is supervised and regulated by the Financial Services Authority (FSA) of Seychelles under the
License Number SD030 and Company Registration Number 8422417-1, located at HIS Building, Office 5, Providence, Mahe, Seychelles
HIS Building, Office 5
Providence, Mahe,
Seychelles
a) family members, such as brothers, sisters, spouses, ancestors, lineal descendants and collateral
descendants;
b) person or entity, whom any participant in the Trading Bonus Scheme , directly or indirectly
through one or more intermediaries, controls, or whom, directly or indirectly, through one or
more intermediaries, is controlled by, or is under common control with any participant in the
Trading Bonus Scheme; for the purpose of this definition, the term “control” (including, with
correlative meaning, the terms “ controlled by” and “under common control with”), as used
with respect to any participant in the Trading Bonus Scheme , shall mean the possession, directly
or indirectly through one or more intermediaries, of the power to direct or cause the direction
of management policies of such person or entity, whether through ownership of voting
securities or otherwise.
2.7
Similarly, persons associated in any manner whatsoever with the Company and/or with the specific
websites and/or social network sites on which the Company may be running from time to time certain
specific promotions, contests and/or surveys, in the context of which access to the Trading Bonus
Scheme is offered, are not allowed to participate in the offer.
3.
Specific Trading Bonus Scheme Terms
3.1
The Company offers different Trading Bonus schemes such as ‘Pending Bonus’ and ‘Credit Bonus’,
from time to time, which differentiate the size of the bonus in relation to the initial deposit in the
Trading Account. A ‘Credit Bonus’ is a credit that is tradable and becomes a part of the deposit for
securing trading results but shall not be withdrawable. By comparison, a ‘Pending Bonus’ becomes a
part of the deposit for securing trading results but shall not be available for withdrawal, unless the
Required Trading volume has been performed in the Trading Account (the "Required Volume"). The
Required Volume in lots shall be equal to the Bonus amount received multiplied by two (2) and divided
by ten (10).
3.2
Volume from hedging trades, scalping trades, crypto currencies, copper and stocks are excluded in
the trading volume for the bonus.
3.3
If the requirement is not fulfilled within sixty (60) calendar days from the deposit date, the bonus
amount will be removed from the client’s account. If this should cause a margin call, the Company
will wait for client to either deposit additional funds or close all of his/her positions.
3.4
Clients may withdraw the funds they deposited at any time, however the bonus amount and any
generated profit amount can only be withdrawn once the minimum trading requirements outlined
above have been met. By accepting the deposit bonus, clients may NOT withdraw the trading profit
funds at any time nor the bonus funds they received until the “required volume” requirements have
been met according to the restrictions. Any withdrawal of funds from an Eligible Client’s real
Account(s) prior to the completion of the “required volume”, will cause the removal of the previously
awarded trading bonus(es).
The Company reserves the right to cancel (withdraw or remove) the active bonus of client (including
retroactively),
Alvexo is the brand name of HSN Capital Group Ltd which is supervised and regulated by the Financial Services Authority (FSA) of Seychelles under the
License Number SD030 and Company Registration Number 8422417-1, located at HIS Building, Office 5, Providence, Mahe, Seychelles
HIS Building, Office 5
Providence, Mahe,
Seychelles
without any previous notice, during the occurrence of either one of the following events:
i. when the client’s balance turns into zero and/or negative, (this means that the client has
lost all his funds and part or all of his credit); or
ii. The Company has the right to close out open trades if the account's Floating P/L (also known as
“Open P/L”) plus the account’s balance is equal to or less than 0. Essentially, if the equity is lower
than the credit, the Company may close out the positions (e.g., if the balance is +100 and the
Floating P/L is -101).
3.5
Eligible Clients, who meet the criteria set forth herein are able to receive a trading bonus equal to:
a) 30% on the amount of their first deposit eg. $1,000 that is made in their real Account(s) with
the Company, provided that the maximum amount of any such trading bonus awarded to any
particular Eligible Client will be limited to a maximum amount of $300 (or currency equivalent),
per Eligible Client.
b) 75% on the amount of any subsequent deposit eg. $1,000 that is made in their real Account(s)
with the Company, provided that the maximum amount of any such trading bonus awarded to
any particular Eligible Client will be limited to a maximum amount of $750 (or currency
equivalent), per Eligible Client.
c) The total amount of trading benefit accumulated due to participation in this Trading Bonus
Scheme promotion is set to $1,050 (or currency equivalent), as per the example above.
d) In case the client receives additional bonus, bonuses will be merged to one bonus, in such cases
the new bonus expiration will be calculated as follows: the remaining days left from the
acceptance of the first bonus + (new bonus / old bonus) * 60 days. Ex. Client has $1000 bonus
and 10 days left to expiration. If client gets another bonus of $500, new bonus will be $1500
and bonus expiration will be 40 days (10 days + 60*500/1000)
Table of example:
TOTAL DEPOSITS
MAXIMUM TRADING BONUS APPLIED
REQUIRED VOLUME
$1,000
30% on $1,000= $300
60 Lots
$1,000+$1,000
30% on $1,000 +75% on $1,000= $1,050
210 Lots
$1,000+$4,000
30% on $1,000 +75% on $4,000= $3,300
660 Lots
$1,000+$9,000
30% on $1,000 +75% on $9,000= $7,050
1410 Lots
$1,000+$19,000
30% on $1,000 +75% on $19,000= $14,550
2910 Lots
$1,000+$22,500
30% on $1,000 +75% on $22,500= $17,175
3435 Lots
3.6
Please note that it may take up to three (3) working days before the trading bonus is added to the
account of an Eligible Client who meets all of the criteria set forth herein.
Alvexo is the brand name of HSN Capital Group Ltd which is supervised and regulated by the Financial Services Authority (FSA) of Seychelles under the
License Number SD030 and Company Registration Number 8422417-1, located at HIS Building, Office 5, Providence, Mahe, Seychelles
HIS Building, Office 5
Providence, Mahe,
Seychelles
3.7
Trading bonuses cannot be transferred between the Client’s real trading accounts with the Company.
3.8
The Company reserves the right, at its reasonable discretion:
i. to decline registration of any participant in the Trading Bonus Scheme; and
ii. disqualify any participant in the Trading Bonus Scheme who tampers and/or attempts to tamper
with the operation of the Trading Bonus Scheme, and/or breaches the terms included herein
and/or any terms and conditions of the Company set forth in the Company’s website.
Under no circumstances shall the Company be liable for any consequences of any trading bonus
cancelation or decline, including, but not limited to, order(s) closure by Stop Out.
3.9
The Company reserves the right, at its reasonable discretion, to discontinue the offering of this Trading Bonus
Scheme to any of its clients. Such clients will be informed via email.
3.10
Clients may opt- out from the Trading Benefit Scheme whenever they wish. Please send your request to the
following email address:info@alvexo.com and the relevant department will process your request and inform
you accordingly.
3.11
The Company reserves the right to alter, amend or terminate the Trading Bonus Scheme or any aspect of it at
any time. Prior notice of such changes will be given to clients and the Company will post any such changes on
its website. Please note that taking part in the Trading Bonus Scheme constitutes acceptance and agreement
to abide by any such alterations, amendments and/or changes.
3.12
Any indication and/or suspicion, in the Company’s reasonable discretion, of any form of arbitrage (including
but not limited to risk free profiting), abuse (including, but not limited to, a participant's trading activity
patterns that indicate that the participant solely aims to benefit financially from the credit trading bonus
without being genuinely interested in trading in the markets and/or taking market risk), fraud, manipulation,
cash-back arbitrage connected to a trading bonus or any other forms of deceitful or fraudulent activity, will
nullify all previously credited trading bonuses of the Eligible Client’s real trading Accounts with the Company
and/or any and all transactions carried and/or profits or losses in that Account. In these circumstances, the
Company reserves the right, at its reasonable discretion to:
i. close (either temporarily or permanently) all such Eligible Client's real trading Account(s) with
the Company;
ii. suspend (either temporarily or permanently) all such Eligible Client's real trading Account(s)
with the Company;
iii. cancel all orders; and
iv. annul all profits;
In these circumstances, the Company shall not be liable for any consequences of the trading bonus
cancellation, including, but not limited to, order(s) closure by Stop Out.
3.13
In the event that Account becomes dormant all previously awarded trading benefits will be immediately
withdrawn from the respective Eligible Client’s real Account with the Company.
3.14
In the event that a Client Account reaches a negative balance and a Client has no open trades, all previously
awarded trading benefits will be immediately withdrawn from the respective Eligible Client’s real Account with
Alvexo is the brand name of HSN Capital Group Ltd which is supervised and regulated by the Financial Services Authority (FSA) of Seychelles under the
License Number SD030 and Company Registration Number 8422417-1, located at HIS Building, Office 5, Providence, Mahe, Seychelles
HIS Building, Office 5
Providence, Mahe,
Seychelles
the Company.
3.15
If any of Trading Bonus Scheme terms were to be translated into a language other than English, then the
English version of these terms shall prevail where there is an inconsistency.
