This site is owned and operated by Systemgates Ltd.
«Systemgates Ltd», hereinafter referred to as the Company, whose registered address is Suite 305, Griffith Corporate Centre, PO BOX 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines, offers currency conversion (exchange) operations on the Forex market, CFD stocks, indexes and metals to any individual or corporate entity (hereinafter referred to as the Client) according to the procedure and on the terms and conditions described in this Agreement. The English version of the Client Agreement is the main version for all website editions.
The Agreement becomes effective as of the date when the client opened a trading account and transferred funds to the Company's account(s) to ensure minimum trading deposit.
Order - Client's request to the Company to open or close a position when the price reached the desired level.
Currency contract - currency pairs available for trade.
CFD contract - stocks available for trade.
Currency pair - Forex instrument based on the exchange rate of one currency vs another.
Financial instruments - currency pairs and CFD contracts available for trading.
Transaction - set of trading operations when funds are transferred from base currency into quote currency and back.
Hedged positions - equal long and short positions of the same instrument on the same trading account.
Open position - buy (sell) order not covered by the opposite sell (buy) order.
Marginal trade - arbitrage operations with currency and (or) CFD contracts that result in the volume of opened positions several times exceeding the amount of variable margin.
Lot - volume of an order.
Equity - current state of an account, calculated as balance + floating profit - floating loss.
Floating Profit/Loss - unfixed profit/loss on open positions with floating exchange rates.
Free Margin - funds in trading account used to open new positions, calculated as equity - margin.
Margin - necessary deposit amount to open orders, calculated as lot size * lot volume*current price/leverage and is equal to 0.5% (with 1:200 leverage) of the total amount of opened positions.
Margin Level - indicator of the state of an account, calculated as Equity / Margin*100%
Stop Out - is the level below which the most lossmaking transaction is forcibly closed at the nearest quotation and is calculated using the following formula - (Equity/Margin * 100)%
Base currency - currency unit in which subaccount, all balances, fees, and payments are nominated and calculated.
Non-market quote - quotation (price level) inside a price gap, several price ticks close to each other in amount which form a price gap, appearance of quotation as a result of price noise, and a price level formed without any macroeconomic indicators which have substantial effect on the instrument's exchange rate.
Balance - amount in Client's or broker's secure trading account after closing the last transaction during any period of time.
Weltrade Station means licensed software used to make orders.
Spread - difference between buy and sell rate of a currency pair or CFD contract at a given moment.
Storage, Swap - cash held or added to Client's or broker's secure trading account for prolonging (carrying over) a position to the following day. From Wednesday to Thursday swaps are tripled.
Dealer - Company employee processing Client orders.
Company's business hours - time during which the Company's terminal processes orders with standard currency contracts and standard CFD contracts. This time represents a continuous period of time between 00:00 hours EET of Monday and 23:59 hours EET of Friday. Order processing can be limited or unavailable from 00:00 hours EET till 00:05 hours EET daily from Monday till Friday due to special technical pricing procedures at the start of the new business day. Price flow for specific trading instruments with limited trading hours can be limited at the beginning of trading session due to insufficient liquidity.
Buy rate (ASK) - rate at which the Client may buy a traded currency.
Sell rate (BID) - rate at which the Client may sell a traded currency.
1.1. Client shall fund his trading account within 90 calendar days from the date of its opening in an amount not less definite terms for the type of account (minimum initial deposit).
1.2. The Company has the right to archive the Client's trading account with a balance less than 1 (one) USD/EUR or 75 (seventy five) RUB, if the Client did not have activity on this account for the past three months. The Client has the right to recover the trading account by contacting customer support.
1.3. Client may withdraw funds from his trading account the amount not used to cover the margin, but not more then current balance.
1.4. Client places a cash withdrawal order using the Company website's interface. All the orders have to be confirmed by a unique confirmation code sent to the Client's registered email address. Company is not responsible for any third party access to the Client personal information and withdrawal orders. Once an order has been received, the withdrawal amount is deducted from the Client's trading account or safe box. All payments are final and are not to be returned.
1.5. The money will be transferred within five banking days after receiving a Client's order. The security service of the company has the right to hold the order up to 10 business days, previously having notified the client.
1.6. The Client will be given the Company's banking details to transfer funds to replenish his trading account via the Company's website, or may place an account replenishment order in electronic (placed using the Company website's interface) or written form.
1.7. When replenishing his account, the Client shall use the Company's current banking details received at the Company's website only and effective on the payment date. Current banking details mean details received within 24 (twenty four) hours prior to payment. The Company cannot be held responsible for the funds which the Client transferred to accounts and using banking details different from current, and does not offer search and refund of Client's payment and cannot credit these funds to Client's trading balance. Trading deposit replenishment orders may be issued, and current banking details may be received in the appropriate section of trader's office on the payment day.
1.8. Deposit/withdrawal fees are payable by the Client.
1.9. The company has the right to reject an application for withdrawal of funds in case of discrepancy between the payment systems of depositing and withdrawing, and process only the request to withdraw funds to that payment system, from which deposit was done. Herewith profit from the trading operations can be withdrawn to the payment systems (on client’s request) that were not initially used to top up the account, but only after the total amount of funds will be withdrawn from the account. The payment system may be changed by prior agreement between the Company and the Client.
1.10. When the trading account balance is replenished using direct bank transfer, credit of funds will be made upon their arrival in the Company’s account. The Client who replenishes the account using direct bank transfer has the right to order the funds withdrawal only to the account from which the payment was made. When transferring funds, commission is charged (for international bank transfer).
1.11. If the withdrawal of funds from the trading account or My Safe, deposited before using payment card, is made earlier than 30 days after the account was funded, the company's security department is entitled to request a color scan of both sides of the payment card with the owner signature (only the first 6 and the last 4 digits of its number must be visible, as well as the validity period, name and surname of the owner; the CVV number must be closed) and client’s passport for verification. The withdrawal of funds to the same payment card or payment system is possible by prior agreement between the Company and the Client.
1.12. Company reserves the right to reject a request for withdrawal in case of an explicit intention to exchange customer funds from one payment system to another.
1.13. Replenishing account balance using credit cards of third parties is prohibited.
1.14. The company has the right to accept for processing withdrawal order only by international bank wire transfer to the personal bank account of the Client if total summary profit equivalent more than 10000 USD in all trading accounts.
1.15. The client confirms that he has read the terms and conditions of the service.
1.16. The client confirms that he knows the legislation of the country of his residence concerning the use of cards for payments for goods and services through the Internet.
1.17. The Company reserves the right to cancel payment service fees compensation.
2.1. Client is notified and agrees that the company cannot be held liable for client's actions or inactions during conversion operations. Responsibility for trade account standing is borne by the client.
2.2. Company reserves the right to amend this Agreement by notifying the client about it at least 2 business days prior to the effective date of these amendments. Posting the relevant information on the main page of the website for the period of at least 3 days is also considered a notification.
2.3. All powers and obligations of the company and the client represent a long-term commitment, which remains in force up until the company receives a client's notice of termination of this agreement or closing his trading account.
2.4. Company cannot be held responsible for non-fulfillment of any obligations involving quality of online communication of information to the client terminal or use of information, software, and interfaces of websites which do not belong to the company.
2.5. Client realizes that any market recommendations and information communicated to the client by the company, its representatives, or third parties do not constitute an offer to make operation/transaction.
2.6. Client realizes that any payments which client makes using the banking details received earlier than 24 hours prior to the payment time or not at the appropriate sections of the company website, which differ from the company's current banking details do not entail the company's liability or obligations concerning the search, refund or credit of this payment to the client's trading balance.
2.7. Client realizes that any actions committed by the client or third parties (through client's fault or with client's participation), which destabilize the company's business or performance of the company's services, equipment, or software may result in the company's denial (on the basis of private law) of servicing the client's current trading account and cancellation of all orders, with full refund of the current account equity. Company must notify the client about the reasons for the above decision. Company also may deny this client a registration and servicing of a new trading account in the future.
2.8. The Client declares and guarantees that:
- - Client is of sound mind and memory, of full age, and financially solvent
- - Client is able to trade on Forex and CFD markets
- - information which client provided to the company is true and correct
- - Client shall notify company about any and all changes in this information within one day after the change took place
- - the e-mail address stated by the client is not an e-mail address of general, group, or common use with third parties. Any and all notices, requests, complaints, and information received from this address are considered coming from the client and to be accurate.
2.9. Company may request from client a confirmation of accuracy of the personal account data due diligence and in the event of cash withdrawals. Company may require a notarized copy of the client's ID and the document proving his place of residence.
2.10. Client agrees to provide all documents and notices, procure registration of documents, and take all other actions which the company may deem necessary or desirable at own discretion in accordance with the Anti Money Laundering Policy.
2.11. In case double registrations of the same client with different email addresses are revealed, the company has the right to cancel such additional registrations.
3.1. Client understands that the risk of suffering trading losses may be quite significant. Client should analyze his financial capabilities before engaging in trading operations.
3.2. Client realizes that he may completely lose his all initial funds and any additional funds used when trading on the market.
3.3. Client agrees that the company cannot be held responsible for client's losses caused, directly or indirectly, by the government restrictions, restrictions of foreign exchange or market rules, suspension of trading, military operations, or other conditions usually called the 'force majeure circumstances' which lie beyond the company's control.
3.4. Client was informed about additional risks associated with the specifics of functioning of e-trade systems and the problems of Internet communication nodes.
3.5. Client bears full responsibility for the risks associated with the storage of trading account access data, and must ensure that third parties cannot access the trade terminals. Client's losses and risks associated with the restoration of access to the trading account place no obligations on the company, other than to provide new access data to the client upon sufficient and unambiguous identification of the client as the holder of this account.
4.1. The Client may issue only the following trading instructions using electronic access:
- - OPEN - to open a position;
- - CLOSE - to close a position;
- - to place (delete, change) Stop Loss, Take Profit, Buy Limit, Buy Stop, Sell Limit, Sell Stop orders.
The Company cannot accept and will automatically deny any other requests.
4.2. A confirmed request to open/close a position cannot be canceled, changed, or withdrawn.
4.3. Orders are executed at the Bid / Ask prices proposed by the Client, which he sees in the window of сlient's trading terminal. During trading session client may select a desired operation and place a price confirmation inquiry with the dealer. Company reserves the right to increase declared spreads during excessive market volatility and/or insufficient market liquidity.
4.4. If the price has changed while the inquiry was processed, or in the event of increase of market volatility dealer may offer the client a new price, in which case the dealer's response time may increase until the price will be certain.
4.5. Dealer may decline the Client's instruction to open a position, if the free margin is lesser than the margin required to secure this position.
4.6. Limit and Take Profit orders are executed at the order price. Stop and Stop Loss orders are executed at the best available market price when the order price level is reached in the market. The Company reserves the right to reject order execution if current market situation does not correspond to order conditions at the moment of execution, The Company reserve the right not to execute an order or revise an order opening (closing) price based on the first tick at the opening of a trading session, and in the event of a technical failure of the trading platform , which affected the financial instrument quotation flow, or other technical failures.
4.7. When market is opened for CFD on stock indexes, Limit and Take Profit orders are executed at the order price. Stop and Stop Loss orders are executed at the best available market price when the order price level is reached in the market. The Company reserves the right to reject order execution if current market situation does not correspond to order conditions at the moment of execution.
4.8. Client cannot change or delete current and pending orders, if price has reached the order execution level.
4.9. Forced closure of open positions (Stop Out) on the Client's account happens when the Margin Level (20% for Crypto accounts) reaches 10% (ten percent). However, if there are more than three open positions, the Company reserves the right to close some of the most unprofitable orders, when the Margin Level reaches 20% (twenty percent) (40% for Crypto accounts) in order to avoid negative balance on the fast (volatile) market.
4.10. Company may suspend its operations or revise client's orders for the following reasons: failures on part of Internet access providers, failures in information flows, hacker attacks, and other illegal actions against the company's servers and equipment, force majeure circumstances, and suspension of trading on financial markets which concerns financial instruments used by the Company.
4.11. Company may revise (change) a trading operation upon discovery of software malfunction within 5 trading sessions after malfunction was discovered. In this case, client will be provided data concerning history of at least 2 independent quotation sources.
4.12. Client bears full responsibility for his trading operations using additional functions of the client trade terminal, such as Trailing Stop or Expert Advisor. These functions and their performance and characteristics directly depend on the client trade terminal and cannot be controlled by the company's server.
4.13. Company may change spread amount and parameters of Limit & Stop levels for orders for certain financial instruments at nighttime and during periods of low market volatility.
4.14. Company reserves the right to cancel orders with duration less than 2 minutes.
4.15. Company may increase the Limit & Stop level for Forex instrument orders for up to 30 pips for the period of release of important economic news. The level changes take effect at least 15 minutes prior to the news release time.
4.16. The Company reserves the right to cancel the orders and refuse services if:
- a) the number of orders in most of its mass hedged by counter-orders earlier than in 2 minutes;
- b) client's intentions directed only to open / close trading orders using old / not existing prices;
- c) identified fraud attempts to make profit using particularities of trading conditions and trading equipment;
- d) the Client creates multiple profiles or manages multiple profiles with the purpose to manipulate trading conditions or commercial offers of the Company.
4.17. The company has the right to cancel client pending orders, if client didn't perform any trading activity during the period of 3 month.
4.18. The Company reserves the right to limit maximum amount of active orders on client's account.
4.19. Company reserves the right to reduce leverage based upon current market conditions and liquidity provider margin requirements.
4.20. The overall result, as well as swaps, for all closed orders on Micro account older than 1 month (older than 12 months for account types Premium, Pro, Zulutrade) may be combined into one order, which is recorded in the history of the account. The combined orders are deleted from the trading account history.
4.21. MICRO account is designed for training purposes and familiarization with trading conditions and market orders execution quality. Thus, taking into account professional trading skills, Company has the right to limit trading activity on this account type and propose to transfer trading activity to accounts Premium, Pro, ZuluTrade. Funds transfer between accounts is free of charge.
4.22. The maximum number of current trading accounts cannot be greater than 10 (deleted and archived trading accounts are not taken into account).
4.23. The Company reserves the right to cover Client account negative balance derived from Client trading operations when trying to manipulate with orders and negative account balance on different accounts, by the Clients' funds on other accounts with the Company.
4.24. The Company reserves the right to limit Client’s trading on Micro account(s) when equity of an Micro account(s) equals or exceeds 2 000 USD or its equivalent. In this case, the Client has the right to continue trading on any other types of accounts offered by the Company.
4.25. The Company reserves the right to decrease trading account leverage on its own discretion when account equity equals or exceeds 10 000 USD or its equivalent.
4.26. The Company warns that market spreads of trading instruments can exceed the values stated in specifications during the periods of low market liquidity (the beginning or the end of trading day, releases of statistics and news). The Company is not responsible for such expansions.
4.27. The Company reserves the right to limit unilaterally the Client’s activity on accounts of one trading server (MT4 or MT5). In this case, the Client has the right to continue trading on accounts of different trading server (MT4 or MT5).
4.28. Company reserves the right to change client swap free account status at any time according to current market conditions and liquidity providers requirements.
5.1. The parties will try to settle all disputes by negotiation and correspondence. The company may accept client's complaints for review, if these complaints were stated in writing and received within three calendar days after the dispute occurrence date.
5.2. Client's all inquiries will be considered official and regarded as written inquiries, if these inquiries were placed via the Company's website interface, by e-mail sent to the addresses of the company's services concerned, or by regular mail. Inquiries placed using online communication programs, such as ICQ or similar, cannot be considered written inquiries.
5.3. Сlient's complaint should contain:
- - client's full name;
- - e-mail;
- - account number;
- - date and time a controversial situation emerged;
- - order number;
- - complaint description.
5.4. The Company reserves the right to decline a complaint review in the following cases:
- - if a complaint does not satisfy the conditions enumerated in paragraphs 5.1, 5.2, 5.3;
- - if a complaint contains vulgar language or insults addressing the Company or its employees;
- - if a complaint contains threats addressing the Company or its employees;
- - if the Client uses threats to denigrate the Company’s reputation in social networks or other resources as an argument.
5.5. If the client will breach any of the above paragraphs, the company reserves the right to deny the client its services and make a refund of the client's deposit. Termination of service and refund of the deposit will come into effect upon expiration of 5 banking days after the client was sent a notice via internal mail of the trade terminal or by e-mail provided at the time of registration of trading account.
5.6. In case of failure to reach an agreement through negotiations and correspondence within 3 (three) months from the date of the emergence of a dispute its further consideration will be directed towards the justiciability in accordance with the local laws of the country of the Company registration.
6.1. Verification procedure is obligatory for the Client to perform financial operations.
6.2. The company has the right to request the Client to confirm his identity and information provided upon registration. For this, the Client shall provide an electronic copy, certified copy or notarized copy of a passport (at the discretion of the Company) as well as a document which proves the Client’s residence address.
6.3. In the case Client’s registration data (name, address or telephone number) have changed, the Client shall immediately notify the Company's customer service asking to change the data.
6.4. The Client acknowledges that the registration data, referred to them for opening an account can be used by the company in the fight against money laundering.
6.5. The Client is responsible for the authenticity of submitted documents (copies) and recognizes the right of the Company, in case of doubt about their authenticity, contact the law enforcement agencies of the issuer of the document to verify its authenticity and if it detects a falsification of the document, the Company has the right to place a hold on the account and conduct an investigation.
6.6. For verification, the Company has the right to request additional documents and photographs confirming the reality of the Client's identity, as well as to conduct video verification via Skype.
6.7. The Company does not provide the services for residents of the USA.
7.1. The company can use to communicate with the client:
- - Internal mail of the MetaTrader trading platform;
- - E-mail client provided upon registration;
- - Phone number client provided upon registration;
- - Postal address client provided upon registration;
- - Viber;
- - Through cpmpany News page at www.weltrade.com
The company will use the details specified by the customer provided upon registration. Client must notify the company of any changes in contact information within 3 business days.
7.2. Any correspondence (documents, announcements, notifications, confirmations, reports, etc.) will be considered as received by the client:
- - One hour after sending to client's e-mail address;
- - Immediately after sending the internal mail in the trading platform;
- - Immediately after the telephone conversation with the client;
- - 7 calendar days from the date of posting on the website;
- - Immediately after placing ads in the Company News page on its Web site.
8.1. Following agreement becomes effective as of its acceptance by the client.
8.2. This agreement will be terminated if following occurs:
- - In the case of expression of one of the parties wishes to terminate this Agreement;
- - In the case of a complete withdrawal of funds from client's trading account, which entails the termination of relations governed by the agreement;
- - In case of breach by the client the terms specified in the agreement, the company may terminate this agreement unilaterally by notifying the customer of such termination and returning in full the Customer's funds from his/her trading account at the time of termination.
8.3. If the Company terminates the activities regulated by the Agreement:
- - Company warns the customer for the month prior to such closing;
- - The Company shall pay the Customer the Customer's funds, which are on the account at the time of closing account.
8.4. In case of death of the Client:
- - The right to demand withdrawal of funds from the client's trading account becomes appropriate queue or the heirs of the heirs under a will;
- - The right to use trading account and the right to conduct operations in the financial markets by inheritance is not transmitted.
8.5. Customer agrees that the Company reserves the right at its sole discretion, suspend or discontinue all or part of the client's access the services of a subsequent notice by means of communication. In this case, this Agreement shall be terminated and company released from providing services to the Client.
9.1. All Clients of the Company can participate in the Loyalty Program after verification of the mobile phone number. The bigger your trading volume is, the higher your status in this program.
9.2. Status is updating on the first day of each month depending on the trading volume made since verification of the mobile phone number.
9.3. Executed orders are not considered for turnover calculation matching the following conditions:
9.3.1. Difference between the opening and closing price is less than the MTP value of the corresponding instrument.
9.3.2. If the client opened offsetting locked position, the amount of which is equal to the previously open one, trade turnover accounted for 50% of each deal.
9.3.3. If the client opened offsetting locked position, the volume of which is not equal to the volume of previously open one, trade turnover of hedged volume accounted for 50% of each deal. Trade turnover of unhedged volume is considered in full.
9.4. The Company reserves the right to change the Loyalty Program terms, including the list and characteristics of privileges and statuses, as well as the size of payouts.
10.1. The Client can connect the trading account to the automated service, developed by the company ZuluTrade Ltd (hereinafter the “Service”).
10.2. The commission fee is 1.5 points per 1 lot.
10.3. ZuluTrade Ltd automated Service is merely the technical execution service of trade operations. By agreeing to use the Service, the Сlient provides Systemgates Ltd (hereinafter – the “Company”) with the right to execute the instructions and to enter into transactions on the client’s trading account in line with the instructions, which the Company receives from ZuluTrade Ltd, and the Company is not responsible and does not guarantee the potential profit of the systems, acquired through the use of the Service.
10.4. The Сlient understands and agrees with the fact, that The Company does not bear any responsibility and does not guarantee the potential profit, acquired through the use of the Service, and also for any losses incurred on the trading account and proposed amendments, operations, updates or upgrades for the client’s chosen system (Service). The Сlient understands that it is solely his responsibility – to monitor the trading account’s activity and status updates of his chosen system (Service).
10.5. The Сlient fully understands and agrees that the instructions are generated by ZuluTrade Ltd not the Company, and the Company only offers the execution of trade orders services and does not provide any recommendations, nor does it confirm the accuracy of the Service, provided by ZuluTrade Ltd.
10.6. The Сlient confirms that he has studied the principles behind the provision of the Service, and understands their purpose. The Сlient fully understands that he provides full access to his account to a third party (ZuluTrade Ltd) and cannot hold the Company responsible, in any way, for the mismatched and/or inappropriate provision of the Service.
10.7. The Company does not bear responsibility for any losses incurred on the Сlient trading account caused by a mechanical, software or a communication error, and also the system error, as well as any other influence outside of its direct control. The Сlient understands and agrees that the Company does not hold any responsibility for any consequences caused by the possible activity and/or inactivity of ZuluTrade Ltd or any other third party providing the Service, that lead to the inability to use the Service for the reasons that are out of control of the Company. The Сlient understands and agrees that it is entirely his responsibility - to monitor the trading activity on the account and to make independent trading decisions in case of any possible Service failures, particularly, when the reception of the Service trading signals stops.
10.8. This agreement releases the Company, as well as its brokers, agents, directors, shareholders, and employees from being responsible for any loss and / or other liability (including, but not exclusively from the corresponding costs of a lawyer / auditor) arising from the use of the given Service.
10.9. By using the given Service, the Сlient acknowledges that he has received, read and accepted this agreement concerning the appointment of rights, fully understands his responsibility, is aware of the risk of incurring financial losses because of trading on the foreign exchange market and agrees to all the terms stated above.
11.1. Credit bonus is only added to trading account.
11.2. Credit bonus is provided both after a direct funding of trading account and after a transfer from My Safe or from ZuluTrade, Pro, Crypto account.
11.3. If during the promotion period, a Client makes withdrawal from any account besides ZuluTrade, Pro, Crypto MT4 and then funds any of his accounts, besides ZuluTrade, Pro, Crypto MT4 the bonus will be calculated as the difference between funding and withdrawal.
11.4. If the client makes withdrawal, percent bonus funds (at first balance bonus funds, then credit bonus funds) is deducted from the trading account in proportion of 1:1, the proportion can be changed in the future. This condition applies to the total amount of percent bonus funds in account.
11.5. Transfer of funds between accounts (besides ZuluTrade, Pro, Crypto MT4) is referred to as withdrawal and funding, therefore percent bonus funds is deducted from one account and added to another proportionally.
11.6. The Company has the right to refuse credit bonus supplement without explanation.
11.7. The Company has the right to cancel previously accrued credit bonus.
11.8. The Company reserves the right to request additional identification information from a client.
11.9. Credit bonus is not provided for ZuluTrade, Pro, Crypto MT4 accounts.
11.10. The maximum amount of current credit bonus on each Client's trading account cannot exceed 10 000 USD or its equivalent in another trading account currency.
12.1. Welcome Bonus is a fixed bonus, which has two types of charges:
12.1.1. Welcome Bonus $10 provides for a bonus of 10 USD and does not require depositing of the trading account;
12.1.2. Welcome Bonus $50 provides for a bonus of 50 USD when depositing trading account for at least 25 USD.
12.2. Welcome Bonus is credited only to Micro MT4 accounts.
12.3. Each new client of the Company has the right to receive deposit-free bonus only once.
12.4. To get Welcome Bonus $10 can all new Clients of the company after passing the verification procedure, which includes:
12.4.1. Automatic telephone number verification;
12.4.2. Loading a copy of the passport, as well as a document confirming the address of residence (photo or scan);
12.4.3. Authentication of the document by company security service.
12.5. Bonus funds are credited once to the account, on which there are no other bonuses.
12.6. Welcome Bonus is credited to the "Balance" field. The bonus is not available for withdrawal, but at the same time fully involved in the maintenance of free funds and margin level, including at drawdown (the Stop out level on the account does not change, but still corresponds to the level stated in the section "Trading instruments" on the Company's website).
12.7. In case the account is funded with the client's own funds, when receiving the Welcome Bonus, the amount of own deposit can be withdrawn without any restrictions.
12.8. The funds, earned in addition to the Welcome Bonus $50 (profit), are available for withdrawal after the orders with a total volume of at least 200 lots will be closed on the trading account (for Micro MT4 account), which is equivalent to 2 standard lots.
12.9. The funds, earned in addition to the Welcome Bonus $10 (profit), are available for withdrawal after the following conditions are fulfilled on the trading account:
12.9.1. Closed orders totaling at least 200 lots for a Micro MT4 account, which is equivalent to 2 standard lots;
12.9.2. From the moment when the Welcome Bonus $10 was received not less than 30 calendar days have passed.
12.10. When calculating total lot, the following conditions apply:
12.10.1. The orders are not taken into account if the difference between the opening and closing price is less than «MTP» the value of the corresponding instrument;
12.10.2. If the Client has opened a hedging locking order, the volume of which is equal to the previously opened one, 50% of each order is considered when calculating;
12.10.3. If the Client has opened a hedging locking order, the volume of which is not equal to the previously opened one, 50% of each order is accounted for. The remaining not hedged volume is taken into account in full;
12.10.4. If the Client has opened a hedging locking position on one trading instrument and the difference in points between the opening price of one transaction and the opening price of a hedging transaction with another type of execution (sell or buy) will be less than the value of «MTP» the corresponding instrument, the order data is not taken into account;
12.10.5. Orders, the duration of which is less than 2 minutes, are not considered.
12.11. If the bonus account has been funded with Client's own money, in the case of drawdown on the account, this amount will be lost first, prior bonus funds.
12.12. The Company reserves the right to debit the bonus funds and/or profits received from the bonus funds from the Client's account without prior notice and explanation of the reasons.
12.13. The company has the right to change the terms, as well as the list and features of the bonuses.
12.14. Deposit method “WELTRADE Voucher” is available in the personal area of each client only once. After activation of a voucher deposit method “WELTRADE Voucher” becomes unavailable.
13.1. Funds can be placed only in U.S. dollars and Euros.
13.2. Remuneration, which depends on the Client's trading turnover, applies to all funds in the My Safe account. In case if there was no trading activity on any of the Client's trading accounts, the Company has the right to lower the remuneration, including the current calendar month.
13.3. Remuneration is converted at the average commercial rate calculated by company. The course can be adjusted at any time.
13.4. In the case of conversion of funds without the implementation of the minimum volume of transactions the Company is entitled to retain a commission of 2% of the amount. The minimum volume of transactions (lots) can not be less than 1% of the amount for conversion, this takes into account only the transaction between the previous and current conversions. For cent accounts the minimum volume of transactions increased by 100 times.
13.5. Funds kept are not eligible for bonus.
14.1. General rules.
14.1.1. The Contest is held on real accounts of Crypto type.
14.1.2. The Contest is open to all comers, regardless of nationality, sex, national origin. The contest is not open to employees of the Company, as well as their family members and relatives.
14.1.3. The dates of the registration in the Contest, the period of the Contest, the date of winners announcement, and the ratings of participants are published on the official contest page.
14.1.4. To activate the contest account the transfer of 400 USD from the safe box is needed on the contest section of the website personal area. To make this the safe box balance should be equal or exceed this amount.
14.1.5. All kind of trading and the use of any strategies including automated are allowed in the contest.
14.1.6. The Client can suspend the participation in the contest at any time by clicking “Close the account” button, the account balance will be transferred to the safe box after this action.
14.1.7. The Client can open a new contest account and continue trading at any time.
14.1.8. All funds on a contest Crypto account belong to the Client and remain in the Client’s possession without any limits.
14.2. The Prize Fund.
14.2.1. The prize fund of the Contest is $20000 and consists of two prize tables of $10000 each.
14.2.2. The prize fund is distributed among the winners by the Contest commission, in accordance with the position occupied in the participants ratings at the time of summing up the results by two rating systems: the size of the balance and the trade turnover. The ratings are generated automatically in real time by comparing the values of the “Balance” fields and the turnover of trades of the Contest participants.
14.2.3.The participants who hold the places from 1 to 20 by largest size of the balance and the participants who hold the places from 1 to 20 by largest trade turnover receive money prize according to the prize table:
14.2.4. By the Contest results, each participant can receive two prizes at the same time according to the place in the both ratings, by balance and by trade turnover. The prize funds are added to the safe box on the day of winners announcement and are available for withdrawal.
14.3.1. At registration the Participant undertakes to provide the real personal data. All participants agree to publish on WELTRADE website their first and last name or nickname in the Contest, country of residence,the balance and the trade turnover of the contest account.
14.3.2. At registration the Participant opens a contest Crypto account (unique number and password is assigned) in the personal area of the website. The data obtained are used to login into trading platform MT4 or web-terminal to trade in the Contest. The Participants need to download and install trading platform on their computers in advance. If using other companies platform (based on MetaTrader 4), the Participant must specify in the settings our trade server address: dc1.weltrade.com:443 or dc2.weltrade.com:443.
14.3.3. Starting account balance and leverage is identical for all competitors:
- balance - 400 US dollars;
- leverage - 1:10.
14.3.4. The Participant is allowed to open only one contest account at a time. If the Participant is detected behind the management of several contest accounts (for example, trades on two or more contest accounts from the same IP address), the Participant can be disqualified during the contest or after its completion.
14.3.5. The Participant is allowed to re-enter the current contest from the personal website area.
14.4. Additional Terms.
14.4.1. During the Сompetition the number of complete transactions undertaken by the Participant shall not be less than 5.
14.4.2. Terms of transactions are fully complying with described in Section 4 of User Agreement for real trading accounts.
14.4.3. At the end of the contest all opened positions are forcibly closed at the current market prices, and the current value of gains/losses on them is reflected in the balance while the funds are transferred to the safe box.
14.4.4. Leverage can not be changed.
14.4.5. Trading operations on the contest Crypto accounts during the contest can be held with the use of any trading instruments available on the given type of account.
14.4.6. Trade turnover on the contest Crypto account is counted in the currency of the account, namely USD.
14.4.7. To receive a prize the winner has to fulfill the qualification requirements for turnover: at least 30,000 USD for the total period of the Contest.
14.4.8. With the closing of a contest account in the personal area of the website this account ceases to participate in all ratings.
14.5. Conducting and judging the Contest.
14.5.1. The contest commission of Weltrade is the judge of the Contest. The commission's decision shall be final and can not be appealed.
14.5.2. Participants who violate this Regulation shall be disqualified from the current contest. Disqualification from current contest does not preclude one from taking part in the next contest of traders.
14.5.3. All complaints, suggestions and questions arising from the Participants during the registration period, in the course of the contest, and in summing up its results, should be sent using the feedback form (the "Contacts") after authorization in trader's personal area, mandatory addressing the contest commission. All claims, questions and suggestions related to the Contest brought by other means or sent to other departments of the company, will not be accepted.
14.5.4. Shall not be accepted claims from the participants:
- related to the inability to perform operations in contest account due to poor quality of connection on the side of the Participant as well as on the side of WELTRADE providers;
- related to the quote levels in the trading platform MT4 or web-platform, except the cases of obvious errors.
14.5.5. Administration of WELTRADE has the right to suspend or terminate the Contest in case of technical problems on the side of providers servicing company’s equipment, or in case of the extreme circumstances that arise after the start of the contest, which the administration of the company could neither foresee nor prevent with reasonable measures.
14.5.6. Administration of Weltrade reserves the right to amend these rules, as the company will give advance notice to contest participants.
16.1. All the Clients can participate in the rebate service program after verification of the mobile phone number and acceptance of the Loyalty program terms.
16.2. The amount of payments according to program depends on the current status in the Company's Loyalty Program.
16.3. Calculation of payments occurs once a day taking into account deals executed over the past day.
16.4. When calculating payments orders that meet the following conditions are not considered.
- 16.4.1. If the difference between the opening and closing price is less than the MTP value of the corresponding instrument.
- 16.4.2. If a client opened offsetting locking position, which volume is equal to the volume of previously opened position, the size of payments is accounted for 50% of each deal.
- 16.4.3. If a client opened offsetting locking position, which volume does not equal to the volume of previously opened position, the amount of payments with the hedged volume is accounted for 50% of each trade. The amount of payments with uncovered volume is considered in full.
- 16.4.4. If a client opened offsetting locking position on one trading instrument and the difference in points between the opening price of one trade and the opening price of the trade with another type of execution (sell or buy) is less than the MTP value of the corresponding instrument.
- 16.4.5. Duration of which is less than 2 minutes.
16.5. The Company reserves the right not to charge payment from deals, margin for the opening of which was ensured only bonus funds. This rule can be applied to the already charged payments.
16.6. Currency of payments is USD.
16.7. Conversion into the currency of payments, USD, from other currencies of trading accounts occurs at the commercial rate of the Company. The exchange rate can be changed at any time depending on the current market situation.
16.8. Charged amount of payments can be transferred by the client to any trading account or safe box and used for trading or withdrawn to the payment system.
16.9. Upon detection of any manipulation or violation of the program conditions, the Company has the right, at its sole discretion, to deny participation of any client in the program and to cancel already charged according to the program payments.
16.10. The Company is entitled to change the size of payments under the program without prior notice, based on the current market situation.
17.1. The promotion is held on real accounts of Crypto type, as well as on the contest Crypto accounts.
17.2. The date of promotion start and the period it is held is published on the promotion official webpage.
17.3. The Contest is open to all comers, regardless of nationality, sex, national origin. The contest is not open to employees of the Company, as well as their family members and relatives.
17.4. To take part in the promotion it is necessary to join Loyalty program by confirming the telephone number.
17.5. To receive the prize – iPhone X 64GB – it is necessary to complete the total trading turnover of at least 15 lots. 1 lot equals 100,000 USD.
17.6. Trading turnover is counted for closed orders since the date of the promotion start.
17.7. Any strategies including automated are allowed in the promotion, the duration of orders as well as the numbers and the volumes of deposits are not limited.
17.8. Instead of the prize, the Participant can ask for compensation of $1200 to be accrued to the safe box. This compensation can be used for trading on any real account or withdrawn to any payment system available.
17.9. The Company reserves the right to compensate the prize with the sum of $1200.
17.10. The number of prizes is not limited for the period of the promotion.
17.11. To receive the prize after the trading turnover of 15 lots is completed, the Participant should contact customer support team in any convenient way.
17.12. The current completed trading turnover is available in the trader website personal area in Loyalty Program section.
18.1. NganLuong bonus is added only to a trading account.
18.2. NganLuong bonus is accrued after a trading account direct deposit of at least 10 USD from NganLuong payment system.
18.3. NganLuong bonus is added to the balance field of the trading account and is used as a margin during drawdown.
18.4. NganLuong bonus is canceled in whole when any amount is withdrawn or transferred from the account with the bonus.
18.5. The Company has the right to refuse to provide NganLuong bonus without explanation.
18.6. The Company has the right to cancel previously accrued NganLuong bonus.
18.7. The Company reserves the right to request additional identification information from the Client.
18.8. The promotion runs till it is canceled by the Company.
18.9. When withdrawing or transfering funds from an account with the bonus the Client agrees the bonus will be canceled. Bonus for the next deposit will be added only for the amount that exceeds the last written-off bonus.
18.10 If the Company detects manipulations with the bonus, the Company reserves the right to cancel 50% profit on bonus trading account without argumentation.
20.1. The Promotion is held for all WELTRADE clients.
20.2. The Promotion is held daily, lasts 24 hours and may be terminated in any time.
20.3. The Promotion is open to all comers, regardless of nationality, sex, national origin. The contest is not open to employees of the Company, as well as their family members and relatives.
20.4. According to the Promotion conditions, tasks are published daily. Having completed a part of tasks from the general list the Client takes part in the first prize drawing, by completing all tasks the Client takes part in the second prize drawing.
20.5. After the Client completes the required number of tasks the system will automatically determine one of the possible prizes.
20.6. To take part in the Promotion it is necessary to activate it in the Client’s personal area.
20.7. The Promotion starts again each day. The progress achieved in tasks is not transferred for the next day.
20.8. Types, amount and conditions of the tasks for Promotions are defined by the company.
20.9. All types of trading accounts can be used to complete tasks in the Promotion.
20.10. Orders closed only on the day on the Promotion starting from the moment it is activated in the personal area are counted to complete the tasks.
20.11. Tasks completed before the Client activated the Promotion in the personal area are not counted in the Promotion.
20.12. To complete the tasks trading transactions should be not less than 2 minutes.
20.13. Manipulation of trading conditions, hedging of positions on different accounts, creation of multiple profiles with the purpose to complete the tasks or any other actions aimed to manipulate the rules with the purpose of getting a prize is qualified as the violation of the Promotion conditions. The Clients violating the Promotion conditions will be disqualified and the prizes revoked.
20.14. The prize is added automatically in USD Safe box.
20.15. The prize can be used is whole to deposit a trading account as well as to withdraw to any payment system available.
20.16. The Client can take part in the Promotion daily.
20.17. WELTRADE administration reserves the right to make changes in these Conditions in any time.
Anti-money laundering (AML) is a term mainly used in the financial and legal industries to describe the legal controls that require financial institutions and other regulated entities to prevent, detect, and report money laundering activities. Anti-money laundering (AML) refers to a set of procedures, laws and regulations designed to stop the practice of generating income through illegal actions.
The AML Policy of Company undertakes all reasonable and appropriate procedures related to money laundering prevention, financing of terrorism, and other illegal activities. The Company has prepared AML Policy to ensure the highest possible voluntary compliance under national and international AML standards and it will be reviewed and updated on a regular basis to ensure appropriate policies, procedures and internal controls.
In order to help the government fight the funding of terrorism and money laundering activities and apart of our AML Compliance Program, we are required to obtain and record information and documentation that help confirm client's identity or provide additional information regarding the client. This information may be requested at account opening or during periodic reviews conducted on existing clients.
Company’s AML Policy includes:
- - Compliance Officer;
- - Internal control;
- - Customer due diligence;
- - Maintaining records;
The duties of the Compliance Officer include:
- - Monitoring the company’s compliance with AML obligations;
- - Monitoring and control client's trading activity;
- - Monitoring client’s deposits and withdrawals;
- - Overseeing communication and employee training;
The Compliance Officer also ensures that the company keeps and maintains all the required AML records and will ensure that suspicious activity reports are provided to the proper law enforcement.
This AML Policy has been duly approved by the Board of Directors to oversee compliance with applicable AML Laws and Standards.
Company undertakes a client's risk assessment based on:
- - Sufficiency and adequacy of identification documents submitted by client;
- - Client's trading activity;
- - Manner and other information about funds deposit and withdrawal;
- - Guidance notes circulated by various governmental and intergovernmental organizations;
Company may internally categorize client as a low-risk, medium-risk, or a high-risk user on the basis of the aforementioned assessment. In order to maintain the integrity of the risk assessment process, the results of client's risk assessment will not be disclosed to client.
One of the international standards for preventing illegal activity is customer due diligence (“CDD”). According to CDD, Company establishes its own verification procedures within the standards of anti-money laundering frameworks.
Company may collect the following information¹ according to CDD:
- - Individual clients.
Name; date of birth; email address; phone number and residential address; photograph; copies or certified copy of any Valid Documents;
- - Business clients.
Business name; name, contact details, photograph, and copy of Valid Documents of the authorized representative, one certified copy of one of incorporation/registration Certificate (as the case may be); memorandum and articles of association/partnership deed (as the case may be); board resolution/other authorization documents giving authority to the representative chosen to execute transactions on the Website;
In addition to the above, Company can reserve the right to verify client’s identity through non-documentary means or both. Company may also use non-documentary means if there are some uncertain about the true identity of a client. Company may use the following non-documentary methods to verify identity:
- - Confirming email validity;
- - Confirming telephone number validity;
- - Confirming client’s location using, among others, client’s IP address;
All of which may be carried out by an automated or manual process.
If Company believes any information obtained from the client hereunder is:
- - Inadequate or incomplete;
- - False or misleading;
- - Insufficient resulting in an inability to readily verify the same;
- - Appearing on any Sanctions Lists;
Company may in sole discretion either refuse or terminate (as the case may be) the registration of such account or require such client to verify the Valid Documents submitted by him again. Company may also, in sole discretion, refuse to open any new trading accounts, terminate existing client's account after giving due notice, or refuse to process any transactions on the Website if Company is unable to verify any information due to non-cooperation of the client, or if such transactions are likely to have an material adverse effect on Company for being in violation of any applicable laws or industry best-practice guidelines.
¹ Personal data is be processed in a manner that ensures appropriate security of the personal data, including protection from unauthorized or unlawful processing and from accidental loss, destruction or damage, using appropriate technical or organizational measures (‘integrity and confidentiality’).
The purpose of monitoring and control activities is to protect the Company from risks and to monitor and control on a permanent basis whether the Company’s operations are carried out in accordance with national and international AML standards. Monitoring and control activities are executed by the Compliance Officer.
Monitoring and control activities include:
- - Monitoring and control of clients and transactions in the high risk group;
- - Monitoring and control of complex and extraordinary transactions;
- - Controlling, through the sampling method, whether the transactions do not exceed a predetermined limit consistent with the client’s risk-profile;
- - Monitoring all transactions, through both manual screening and use of software-based algorithms, in order to promptly identify and highlight any suspicious activity;
- - Controlling, completing and updating the information and documents about the client;
Also Company may regularly monitor, through both manual screening and us in gof software-based algorithms, all transactions, in order to promptly identify and highlight any suspicious activity and Company may cancel all transactions where was identified any suspicious (fraud) activity.
On detection of any suspicious (fraud) activity, Company reserves the right to take appropriate actions without any prior notification to the client, which includes, without limitation:
- - Refusing to open any new trading accounts;
- - Blocking existing client's trading accounts and close open trading orders;
- - Restricting and/or blocking further access to the website;
- - Cancelling all deposit/withdrawal transactions where was identified any suspicious (fraud) activity;
- - Notifying the appropriate enforcement authorities regarding the suspicious activities of any client;
Under applicable AML Laws and Standards, Company is required to maintain and preserve the following information and/or data:
- - Records of all transactions executed by client, for a period of at least 5 (Five) years from the date of each;
- - Records of all suspicious transactions, whether executed or attempted, for a period of at least 10 (Ten) years, including but not limited to the information about the date of remittance;
- - Identification records of clients (including but not limited to the Valid Documents submitted pursuant to the clause titled ‘Customer Due Diligence’ above), during the subsistence of and for a period of at least 5 (Five) years from the date of termination of such client;
Affiliate Program Terms & Conditions
The company «Systemgates Capital Ltd», hereinafter referred to as a company offering an conversion (exchange) transactions in the currency market Forex, CFD stocks, indices, metals to any individual or corporate entity (hereinafter - the Customer) in the manner and conditions of the Offer Agreement, and physical or legal entity, hereinafter referred to as "Partner", collectively the "Parties", entered into this Agreement as follows.
An active client is a client, who accomplishes a trade turnover at the rate of two lots within a calendar month. Only lots from discount transaction under the terms of counterpart order are taken into account.
MTP - the difference between the opening and closing order’s price in pips.
Locked positions - long and short positions of the same size opened on the same instrument in one trading account.
1.1. The company and partner take on the commitments agreed upon, directly related to attracting customers to the conclusion of trading on the tools offered by the Company.
1.2. Partner assumes the rights and obligations set forth in this Agreement to seek and attract customers, as well as other rights and obligations under this Agreement. Fulfilling the commission pursuant to this Agreement, Partner shall act on its behalf and at his own expense to attracts customers to the Company.
1.3. Partner fully accepts that all the involved customers are customers of the Company.
2.1. A partner can provide potential customers with promotional information about the company, citing the relevant sections on the official website of the Company, as well as other information, which confirmed the reliability of the Company.
2.2. Partner guarantees the authenticity and validity of all contracts and documents that provide the Company Partner on behalf of the Client.
2.3. Partner must provide clients with the necessary accurate information relating to the registration of the Client to the Company`s website, provided clarification regarding the Company`s services.
2.4. Partner is obliged to inform customers about the risks associated with participation in currency trading.
2.5. The Company is not responsible for the consequences of providing partner clients guidance and advice on the conduct of operations on their account.
3.1. Partner undertakes to attract customers to register on the website of the Company on the terms offered by the Company.
3.2. Partner agrees to complete the registration form to open a partnership account with the Company, the authenticity of their personal data.
3.3. Partner must have general information on international financial markets, and be competent in the services provided by the Company.
3.4. Partner must own and inform customers about changes in the company.
3.5. Partner to provide comprehensive customer support, which belong to his group, time alerts about promotions and other company news.
3.6. Partner has no right to enter into sub agencies and other agreements (agreements, contracts), which can be transmitted powers Partner or a part thereof under this Agreement to any third party, except with the prior written consent of the Company. An assignment of the claim of the present contract is possible only with the consent of the Company.
3.7. Partner has the right to plan and carry out marketing activities and promotions.
3.8. Partner can implement input/output operations with cash affiliate account in accordance with the partnership agreement.
3.9. In case of problems associated with doing business and the provision of services offered by the Company, Partner must seek the advice of the Company, in its entirety by giving the information needed to solve the problem.
3.10. Partner has no right to conduct any transactions with the Customer`s trading account.
3.11. Partner has no right to organize monetary relations with the clients on behalf of the Company (including receiving cash payments and bank cards, etc.).
3.12. Partner has no right to involve customers, using illegal methods and techniques. By unlawful means and methods include: providing incomplete information about the risks arising when investing in financial instruments and certain, misrepresentation, deceit.
4.1. Open trading accounts under the Customer Agreement to clients, attracted by the Partner.
4.2. Enables clients to trade through the system established by the Company logins and passwords.
4.3. Exercise control over the activities of the Partner`s performance of its functions and duties under this Agreement.
4.4. The Company is obliged to carry out the calculation with a partner in the revenue by charging commissions on affiliate account.
4.5. The Company is entitled to request a full report on progress and achievements of the partner in attracting new customers.
4.6. Company agrees to pay Partner commission once a day.
4.7. Attracted by the Client Partner may not be a partner himself and his relatives and any other affiliates. If you find any data crossing the Partner and the Customer (such as passport details, address, phone number, e-mail, ip-address, etc.) The Company has the right to exclude from the list of login Client Partners and revoke accrued commission. The accounts are traded on an ip-address, equal to one active account, and in the case of intersection with the same name are considered to be affiliates and can not participate in the program.
4.8. In the case of non-fulfillment partner obligations under this Agreement, the Company has the right to exclude clients from his Partner Group.
4.9. Company is not responsible for the agreement between the Partner (IB) and the customers, including the distribution of rebate and clients funds are traded by the Partner (IB).
5.1. Registering Clients and recording them into Partner group getting done by following ways:
- - If you specify the Client Partner identification code in the form of opening a trading account;
- - Through the use of the Client Partner links to the official website of the Company.
5.2. The client has the right to deny service provided by the Partner and work directly with the Company.
5.3. Clients transfer between partner groups is prohibited to avoid unfair competition.
6.1. Partner may bring a claim to the Company in the event of a dispute. Claims must be made within five working days from the date of the grounds for their presentation.
6.2. The complaint must be issued in the form of an e-mail (e-mail) and sent from the Partner registered e-mail addresses in Company`s data.
6.3. It is the responsibility of the Company is to review Partner`s claim within 10 working days and to post a reply to its partners by e-mail.
6.4. All disputes arising from this Agreement shall be settled by negotiation.
7.1. Partner has no right to disclose any information obtained from the Company in joint activities, as well as information and data contained in this Agreement, throughout the term of this Agreement and five years after its dissolution.
7.2. Partner can not provide a competing third party confidential information relating to methods of the Company, the provision of its services.
7.3. Parties are required to keep confidential all information regarding clients personal data, data on their accounts and their transactions history.
8.1. Company agrees to pay Partner commission on forex instruments according to the rates mentioned in the table located in Partners area, Terms of payment section.
8.2. Company agrees to pay Partner commission on CFD instruments according to the rates mentioned in the table located in Partners area, Terms of payment section.
8.3. During the calculation of commission The Company may not take into account customers` transactions, undertaken by the imperfections of the trading platform, as well as to exclude such customers from the Partner group.
8.4. In the case of detection by attracting customer orders that are contrary to the regulations, the rules of the bonus system, or the rules of the competitions, as well as in the case of receiving commissions from accounts suspected of cheating, commission received from such accounts shall be revoked in its entirety, and Clients themselves - removal of the Partnership Group.
8.5. Commission is paid to the partner’s account once a day after the closing of the transactions of attracted clients.
8.6. The Company reserves the right to refuse payment of commission on transactions, the margin for the opening of which was provided only by means of bonus accounts - the bonus program participants. This rule can be applied to already accrued commissions and such members may be excluded from the Partner group.
8.7. Affiliate commission is not paid on the transaction, in which difference between the opening and closing price is less than the MTP value of the corresponding instrument.
8.8. If the client opened offsetting locked position, the amount of which is equal to the previously open one, the affiliate commission is charged at a rate of 50% of each deal.
8.9. If the client opened offsetting locked position, the volume of which is not equal to the volume of previously open one, commission of hedged volume is paid in the amount of 50% of each deal. Commission of unhedged volume is paid in full.
8.10. If the client opens locked position on the same trading instrument and the difference in points between the opening of one deal and the opening price of the offsetting transaction with another execution type (sell or buy) will be less than the value of «MTP» of appropriate instrument, the partner remuneration will not be charged on the hedged volume in lots.
8.11. Partner's commission for each currency pair is specified in the "Terms of payments" in the partners area.
8.12. If account equity exceeds $10 000 dollars, the company reserves the right to reduce payment of partner remuneration in twice.
8.13. Partner’s remuneration per one deal cannot exceed $500.
8.14. The Company reserves the right to reduce partner remuneration twofold, if the partner does not attract active clients.
8.15. The Company reserves the right to change the amount of partner commission without notice, based on the market situation.
9.1. This Agreement may be amended or supplemented by the Company on an individual basis with prior approval of both Parties.
9.2. Any of the Parties to the Agreement have the right to unilaterally and without judicial procedures refuse to perform this Agreement, notifying the other Party at least one day in advance.
Client understands that the risk of suffering trading losses may be quite significant. Client should analyze his financial capabilities before engaging in trading operations.
Client realizes that he may completely lose his all initial funds and any additional funds used when trading on the market.
Client agrees that the company cannot be held responsible for client's losses caused, directly or indirectly, by the government restrictions, restrictions of foreign exchange or market rules, suspension of trading, military operations, or other conditions usually called the ‘force majeure circumstances' which lie beyond the company's control.
Client was informed about additional risks associated with the specifics of functioning of e-trade systems and the problems of Internet communication nodes.
Client bears full responsibility for the risks associated with the storage of trading account access data, and must ensure that third parties cannot access the trade terminals. Client's losses and risks associated with the restoration of access to the trading account place no obligations on the company, other than to provide new access data to the client upon sufficient and unambiguous identification of the client as the holder of this account.
What information do we collect?
We collect information from you when you register on our site.
When ordering or registering on our site, as appropriate, you may be asked to enter your: name, e-mail address, mailing address or phone number.
What do we use your information for?
Any of the information we collect from you may be used in one of the following ways:
To personalize your experience
(your information helps us to better respond to your individual needs)
To improve our website
(we continually strive to improve our website offerings based on the information and feedback we receive from you)
To improve customer service
(your information helps us to more effectively respond to your customer service requests and support needs)
To process transactions
Your information, whether public or private, will not be sold, exchanged, transferred, or given to any other company for any reason whatsoever, without your consent, other than for the express purpose of delivering the purchased product or service requested.
To send periodic emails
The email address you provide may be used to send you information, respond to inquiries, and/or other requests or questions.
How do we protect your information?
We implement a variety of security measures to maintain the safety of your personal information when you place an order or enter, submit, or access your personal information.
We offer the use of a secure server. All supplied sensitive/credit information is transmitted via Secure Socket Layer (SSL) technology and then encrypted into our Payment gateway providers database only to be accessible by those authorized with special access rights to such systems, and are required to keep the information confidential.
After a transaction, your private information (credit cards, social security numbers, financials, etc.) will not be stored on our servers.
In accordance with the recommendations of Payment Card Industry Security Standards Council, customer card details are protected using Transport Layer encryption - TLS 1.2 and application layer with algorithm AES and key length 256 bit.
Yes (Cookies are small files that a site or its service provider transfers to your computers hard drive through your Web browser (if you allow) that enables the sites or service providers systems to recognize your browser and capture and remember certain information).
Do we disclose any information to outside parties?
We do not sell, trade, or otherwise transfer to outside parties your personally identifiable information. This does not include trusted third parties who assist us in operating our website, conducting our business, or servicing you, so long as those parties agree to keep this information confidential. We may also release your information when we believe release is appropriate to comply with the law, enforce our site policies, or protect ours or others rights, property, or safety. However, non-personally identifiable visitor information may be provided to other parties for marketing, advertising, or other uses.
Third party links
Occasionally, at our discretion, we may include or offer third party products or services on our website. These third party sites have separate and independent privacy policies. We therefore have no responsibility or liability for the content and activities of these linked sites. Nonetheless, we seek to protect the integrity of our site and welcome any feedback about these sites.
Terms and Conditions
Please also visit our Terms and Conditions section establishing the use, disclaimers, and limitations of liability governing the use of our website at www.weltrade.com
Refer a friend program conditions
Inviting trader – existing Weltrade Company client, who invites friends.
Invited friend – new company client, who is invited by the Inviting trader.
1.1. This promotion is created for Weltrade company clients who can receive bonuses by inviting friends.
1.2. Invited friend also can receive a bonus in case of registration by referral link from Inviting trader.
2.1. Each Weltrade company client can invite friend.
2.2. Friend's invitation is possible by sending the letter with invitation to open account in Weltrade Broker Company through the section "
2.3. Inviting trader can send no more than 100 invitations per day and no more than 2 invitations to one email address within 24 hours.
2.4. Invited friend has to be new company client. It is forbidden to invite the registered Weltrade clients.
2.5. The company can limit number of sent emails in case of SPAM suspicions or complaints from email's recipients.
3.1. Each Inviting trader who will invite friend according to clauses 1 and 2 of the present conditions can receive a bonus.
3.2. Invited friend can receive a bonus according to clauses 1 and 2 of the present conditions.
3.3. Inviting trader and Invited friend can check the status of the condition of minimum trade turnover performed by Invited friend for bonus activation according to the table in clause 3.11. of the present conditions through the section "Refer a friend" of the member's area.
3.4. Inviting trader and the Invited friend can transfer a bonus to the trading account for trade in case of condition performance of the minimum volume by Invited friend according to clause 3.11. of the present conditions.
3.5. If Invited friend funds some trading accounts or the safe, charge of a bonus is made according to the table in clause 3.11 for the maximum total deposit (the deposit minus withdrawal) which was made within 24 hours after the first deposit, or until commission of the first trade on the trading account.
3.6. If Invited friend has several accounts types, the bonus is charged only on one of them.
3.8. Bonus can not be transferred from one account то another.
3.9. Bonus can be credited only on the trading account and and is not withdrawable. Any profit got as a result of trades, made on bonus means, is available to withdrawal.
3.10. Trading bonus is activated only after performance of the minimum trade volume in standard lots by Invited friend according to the table in clause 3.11. of the present conditions.
3.11. Table of bonus payments on the promotion "Refer a Friend":
Necessary trade turnover of the friend in lots
$100 - 500
$500 - 1 000
$1 000 - 5 000
$5 000 - 10 000
more than $10 000
4.1. Bonus means are charged only on MT4 accounts types: Micro, Premium.
4.2. If the bonus account replenished with own funds, in case of drawdown, own funds of the client are lost at first from the account.
4.3. When Stop Out event is occurred, bonus funds are not renewable on the trading account.
4.4. The Company reserves the right at any time without notice and for any reason to cancel (charge off an account) the bonus given out earlier and also to revoke (cancel) all trades made with use of bonus funds.
4.5. The following trades aren't considered at calculation of the minimum trade turnover:
4.5.1. Trades, the duration of which is less than 2 minutes.
4.5.2. The Company reserves the right to cancel the calculated trade turnover if client's actions are directed on receiving a trade turnover by a manipulation with features of trade conditions, namely trades commission on one symbol with an identical volume in an opposite direction (BUY and SELL).
4.5.3. The trades made within 2 minutes on one symbol with an identical volume in an opposite direction (BUY and SELL).
4.5.4. The overlapped (hedged) volume of trade positions is not considered.
IB Contest rules
1.1. Participation is free.
1.2. The Competition is open to all Indonesia citizens. The Contest is not open to employees of the Company, as well as their family members and relatives.
1.3. Registration and holding of the Contest, announcement of winners is conducted in accordance with the dates listed on the WELTRADE website. Current rating is published on the official contest page at weltrade.live.
1.4. The Competition is open to all new and already registered IBs and partners.
1.5. Winners are determined by the total volume of lots, traded by the clients, referred within contest period. Use the WELTRADE IB Partner Program Rules.
1.6. To get a prize according to the rating table, you must meet the minimum qualification requirements:
- - at least 5 new unique clients registrations on the website during the contest (new accounts opened for IB by previously registered clients are not taken into account);
- - minimum trading volume for the contest period — 10 lots.
1.7. To participate in the drawing of an incentive prize, you must meet the minimum qualification requirements:
- - at least 3 new unique clients registrations on the website during the contest (new accounts opened for IB by previously registered clients are not taken into account);
- - minimum trading volume for the contest period — 3 lots.
An incentive prize fund of $1000 (10 prizes of $100) will be drawn between the remaining contestants who are not included in the rating (see the clause 1.7).
2.1. The prize fund is distributed among the winners by the tender committee, in accordance with the position occupied in the ranking of the participants at the time of summing up its results. The rating generated automatically in real time by comparing the values of the current trades in the Competition.
2.2. Money prize can be withdrawn at any time without limitations.
3.1. It is possible to register in this Contest with the announcement of registration, as well as at any time during the current Competition (after the start).
3.2. When register the Participant is obliged to provide his real data. The Participant agrees to publish on the WELTRADE website his account numbers and its history, country and city of residence.
3.3. Upon completion of registration in the contest a Partner account will be opened.
4.1. Winners will be determined based on the performance of their clients registered since the start of the contest.
4.2. Terms of transactions are fully complying with terms described in Section 4 of the Client Agreement for real trading accounts.
4.3. Volume is calculated basing on conditions stated in the Partner Agreement.
4.4. All trading activity that has been made before or after holding dates of the contest, which is conducted in accordance with the dates listed on the WELTRADE website, will not be included in the Contest volume calculations.
4.5. Applicants for receiving additional prizes are determined among the participants who fulfilled the conditions from the clause 1.7.
5.1. Judge and commission of the competition is WELTRADE. The Commission's decision shall be final and without appeal.
5.2. Participants who violate this Regulation shall be subject to disqualification from the contest. Disqualification from current contest does not preclude the Participant from taking part in the next contest.
5.3. All complaints, suggestions and questions arising from Participants during the registration period, in the course of the contest, and in summing up its results, should be sent using the feedback form (the "Contacts") after authorization in trader's office, addressed to contest commission. All claims, questions and suggestions related to the competition brought by other means or sent to other departments of the company, will not be accepted.
5.4. Shall not be accepted claims from members:
- - related to the inability to perform operations in contest account due to poor quality of communication on both sides, the Participant and one of the servers of WELTRADE;
- - connected with quoting on trading platform "WELTRADE Station", except in cases of obvious errors.
5.5. WELTRADE administration has the right to suspend or terminate the Contest in case of technical problems with providers, company service equipment, or because of the extreme circumstances that arise after the start of the contest, which the administration of the company could neither foresee nor prevent with reasonable measures.
5.6. WELTRADE administration reserves the right to amend these rules, as the Company will give advance notice to all Contest Participants.