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Allow allCompany means Moneta Markets Limited, registered in the International Business Companies Registry of Saint Lucia under number 2023-00068, or the relevant Moneta Markets entity that offers the Promotion in your region ([insert entity where applicable]).
Promotion means any marketing offer as described on the relevant landing page or announcement.
Reward means any bonus credit, cash rebate, cashback, voucher, points, prize, or other benefit issued under a Promotion.
Qualified Customer means a client who meets all eligibility criteria in Section 2 and any campaign-specific conditions on the Promotion page.
Net Deposit means deposits minus withdrawals during the Promotion Period, unless stated otherwise.
Promotion Period means the start and end dates and times specified on the Promotion page. All times are [Platform Server Time, e.g., GMT+2], unless stated otherwise.
Qualifying Volume means the trade volume required to earn or release a Reward, measured as [lots / notional / other metric], as defined per Promotion.
Promotions are available only to clients who hold a live trading account with the Company and pass all KYC/AML checks. Demo accounts are excluded.
Participants must be legally able to enter binding contracts in their country of residence. Persons under 18 are not eligible.
All account types are eligible unless the Promotion page states otherwise. PAMM/MAM and money manager master accounts are excluded.
Promotions are not available where prohibited by law. The Company may restrict Promotions by region, residency, or entity.
Employees, agents, and related parties of the Company and its affiliates may be excluded at the Company’s discretion.
Follow the steps on the Promotion page, including any opt-in, deposit, or trading requirements.
Where a promo code or form is required, it must be completed correctly within the Promotion Period.
Unless stated otherwise, one Promotion per client, household, IP, or device at any one time. Promotions are not combinable.
Reward type, amount, cap, and issuance timing are set out on the Promotion page.
Rewards credited as Bonus Credit form part of equity and margin, but are not withdrawable. The Company may remove Bonus Credit at any time if terms are breached or on account closure.
Proportional removal: If you withdraw funds before meeting release conditions, any Bonus Credit may be reduced proportionally or cancelled.
Cash Rewards or rebates may be withdrawable once all stated conditions are met. Processing times may vary.
If a Reward is credited in error, the Company may reverse or adjust it.
Any Qualifying Volume or other release condition must be met within the Promotion Period or by the stated expiry date. Unmet Rewards expire automatically.
Hedged positions, opposite positions opened within a short time window, or trades
under minimum hold times may be excluded from Qualifying Volume calculations.
Unless specified, volume from symbols that are suspended, delisted, or restricted will not count.
To keep Promotions fair, the following are not permitted. Breach may result in cancellation of Rewards, reversal of profits, and account suspension:
Latency, price feed, or platform arbitrage.
Risk-free strategies designed primarily to harvest Rewards, including but not limited to mirror hedging across multiple accounts or brokers, circular trading, or internal cross-hedging between related clients.
Coordinated trading between accounts with shared identifiers, including IP, device, address, payment method, or referral link, where the pattern suggests abuse.
Use of EAs or copy trading solely for Reward harvesting.
Any attempt to circumvent eligibility criteria, including multiple accounts, identity misrepresentation, or falsified documents.
Expressly prohibited strategies
Without limiting the generality of the Client Agreement, the following strategies are expressly prohibited and will be considered abusive in the context of any Promotion:
Hedging or offsetting positions. Holding long and short positions in the same, or highly correlated, instruments at the same time.
News trading or exploitation of volatility. Entering trades immediately before or during major scheduled news events with the intent of exploiting price gaps or latency.
Arbitrage. Exploiting small price differences between different platforms or during periods of low liquidity.
Scalping, as defined in the Client Agreement. Placing a high volume of very short term trades to profit from the bid or ask spread.
Any other activity that Moneta Markets, in its sole and reasonable discretion, determines is an attempt to exploit Bonus Credit or Rewards without genuine market risk.
Consequences of abuse
If Moneta Markets suspects, in its sole discretion, that any form of bonus or promotion abuse has occurred, it may take one or more of the following actions, to the extent permitted by applicable law and the Client Agreement:
Immediately revoke the entire Bonus Credit or Reward from the client’s account.
Void or adjust trades, and cancel any profits generated during the promotional period that, in the Company’s reasonable view, arose from or are connected to the abusive activity.
Close any or all open positions without prior notice where required to protect market integrity or platform stability. The Company will use reasonable efforts to notify the client as soon as practicable.
Terminate the client’s account and the Client Agreement, in accordance with the termination provisions of the Client Agreement.
Set off, withhold, or otherwise recover from the client’s account any amounts corresponding to losses, costs, or damages arising from the abusive activity, to the maximum extent permitted by law and the Client Agreement.
(Note: item e has been framed as set off or recovery rather than blanket retention of deposits, which is more defensible across jurisdictions while achieving the same objective.)
Promotions may exclude certain countries or regions due to legal or regulatory requirements. See the Promotion page for any local exclusions.
Certain instruments may be excluded, including products restricted by your entity or local rules.
Accounts must remain in good standing, verified, and active. Dormant or suspended accounts may lose eligibility.
The Company may request additional verification at any time and may withhold or cancel Rewards until verification is complete.
The Company may amend these Promotion Terms or cancel any Promotion at any time. Where possible, reasonable notice will be provided. Participation after an amendment takes effect constitutes acceptance of the amendment.
The Company may decline or disqualify any participant at its discretion where there is suspected breach of these terms or the Client Agreement.
Trading and Reward processing may be affected by scheduled maintenance, market disruptions, third-party outages, price feed interruptions, or force majeure. The Company is not liable for any loss arising from such events.
You are responsible for any taxes, duties, or charges arising from participation or any Reward received. Seek independent advice where needed.
Participation may require processing of personal data. See our Privacy Policy for details on how we collect, use, and store your information.
If you have a complaint about a Promotion, contact us via the usual channels shown on our website. We will handle complaints according to our internal complaints policy.
These terms are governed by the laws of Saint Lucia. Courts of Saint Lucia shall have non-exclusive jurisdiction. Local mandatory consumer protection rules may also apply.
These terms may be translated. If there is any inconsistency, the English version prevails.
These Promotion Terms form part of, and should be read with, the Moneta Markets Client Agreement, Terms and Conditions, Risk Disclosure, and Order Execution Policy. If there is any conflict, the Client Agreement will prevail, except where these Promotion Terms expressly state that they prevail for the purposes of a specific Promotion.
Nothing in any Promotion is, or should be taken as, personal advice or a recommendation to trade.
Trading leveraged derivatives carries a high level of risk to your capital. Only trade with money you can afford to lose. Review our Legal Documents and seek independent advice if necessary.
The Company may amend these terms or cancel any Promotion at any time. Where possible, reasonable notice will be provided.
Promotions cannot be used in conjunction with any other ongoing promotion unless explicitly authorised by Moneta Markets in writing.
In case of any discrepancy between these Promotion Terms and the Client Agreement, the Client Agreement shall prevail, except where these Promotion Terms expressly state otherwise for a specific Promotion.
