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Prize Lot Promotion Terms and Conditions
These terms and Conditions ("Terms") outline the rules and regulations governing the "Aurum Markets Prize Lot Promotion" offered by Aurum Markets. By participating in this Promotion, clients ("Participants") agree to abide by these Terms in their entirety.
1. How Does It Work?
- Participating in the Aurum Markets Prize Lot Promotion is simple. The more standard lots you trade in a month, the more prizes you can win. We have set up various prize levels to acknowledge and reward your trading efforts.
Prize Reward Details
| Monthly Trading Volume (Lots) | Prize Reward |
|---|---|
| 2 Lots | $2 Cash Reward |
| 5 Lots | $5 Cash Reward |
| 10 Lots | $15 Cash Reward |
| 25 Lots | $50 Cash Reward |
| 50 Lots | $150 Cash Reward |
| 100 Lots | $250 Cash Reward |
| 250 Lots | $750 Cash Reward |
| 500 Lots | $1750 Cash Reward |
- Any trade which is open for less than 2 minutes will not be considered as a qualified lot.
2. Promotion Period
- The Aurum Markets Prize Lot Promotion starts from 15th May until further notice. Your trading volume for the month will determine your eligibility for rewards.
3. Eligibility
- Have a live trading account with Aurum Markets.
- Deposit $50 in your live Trading Account.
- Trade a minimum of 2 standard qualified lots within the month.
- Any trade which is open for less than 2 minutes will not be considered as a qualified lot.
4. How to Claim Your Reward
- Clients can participate provided they meet the minimum trading volume requirements. Once you reach the minimum trading volume for a specific prize level, your reward will be automatically credited to your trading account within 10 business days after the promotion is closed.
5. General Terms — Prohibited Activities
- Engaging in hedging trading positions, internally or externally, to avoid market risk is strictly prohibited.
- Any form of arbitrage, abuse, fraud, manipulation, cash-back arbitrage, or deceitful or fraudulent activity will lead to the nullification of the Promotion.
- Prohibited trading techniques, such as "arbitrage trading," "picking/sniping," the use of certain automated trading systems or "Expert Advisors," and abusive trading strategies aimed at riskless profit, are strictly forbidden.
Consequences of Prohibited Activities
If Aurum Markets determines that a client has engaged in prohibited activities, it may take various actions at its sole discretion:
- Closing the Client's account.
- Suspend the Client's account indefinitely.
- Conducting investigations.
- Imposing penalty fee on the client equal to or greater than the amount of money gained from using prohibited techniques.
- Close the account, confiscate profits resulting from prohibited trading techniques, and return the original deposit(s) to the account holder.
- Verify the eligibility of Participants at any stage of the Promotion.
6. Account Restrictions
- The Aurum Markets Prize Lot Promotion is not applicable to clients with ECN or Elite accounts.
7. Disqualification and Decisions
- Aurum Markets reserves the right to disqualify any user suspected of misusing or abusing the fair rules of the Promotion.
- If the Promotion is cancelled, it cannot be reinstated.
8. Modification or Cancellation
- Aurum Markets reserves the right to change, update, or cancel this Promotion at any time without prior notification.
- Any modifications or cancellations will be at the sole discretion of Aurum Markets, and participants will not be entitled to any compensation or claim in such cases.
9. Use of Information
- By participating in the Promotion, you acknowledge and agree that the information provided during the registration process may be used by Aurum Markets for marketing purposes.
- By participating in the "Aurum Markets Prize Lot Promotion", Participants acknowledge that they have read, understood, and agreed to these Terms and Conditions.