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Terms and Conditions for Bonuses offered by Ubuntu Invest

Ubuntu Invest may from time to time offer special trading bonuses for our family of clients. A bonus is given to encourage you to trade and to increase your margin. The choice whether to accept the bonus is yours, but once the bonus is in your account, then you accept upon yourself the following terms and conditions:

  1. Bonus offers are made to clients who meet the relevant requirements as set by the Company
  2. You may opt out of receiving any bonus by sending a mail to finance@ubuntuinvest.com
  3. Any bonus funds are to be used for margin trading only
  4. For the avoidance of doubt, bonus funds do not belong to the Client and may not be withdrawn until the required trading volume has been reached.
  5. Conditions for withdrawing bonus funds if your base account is US Dollar:
    1. Bonuses of up to and including 20%:
      The minimum trading volume required will be $10,000 (Ten Thousand US) for every given as a bonus by The Company to the Account. In such a case, a client who receives $100 bonus will need to generate a minimum trading volume of $1,000,000. (One Million US Dollars).
    2. Bonuses of above 20%:
      The minimum trading volume required will be $20,000 (Twenty Thousand US Dollars) for every dollar given as a bonus by The Company to the Account. In such a case, a client who receives 100 bonus will need to generate a minimum trading volume of $2,000,000. (Two Million US Dollars).
  6. Conditions for withdrawing bonus funds if your base account is ZAR:
    1. Bonuses of up to and including 20%:
      The minimum trading volume required will be R10,000 (Ten Thousand Rand) for every Rand given as a bonus by The Company to the Account. In such a case, a client who receives R100 bonus will need to generate a minimum trading volume of R1,000,000. (One Million Rand).
    2. Bonuses of above 20%:
      The minimum trading volume required will be R20,000 (Twenty Thousand Rand) for every Rand given as a bonus by The Company to the Account. In such a case, a client who receives R100 bonus will need to generate a minimum trading volume of R2,000,000. (Two Million Rand).
  7. Should you, the client, withdraw funds from an account that is holding a bonus but where the minimum volume has not been reached, the withdrawal will effect a withdrawal of all bonus received. Clients should be aware that this may cause positions to be closed due to lack of margin
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