1.1 From time to time, Forex Capital Trading Pty Ltd (‘ForexCT’) may offer cash payments('Referral Fee') to individuals ('Referrer') who refer other individuals ('Referred Client') to ForexCT. This promotion shall be referred to as the 'Refer a Friend Promotion'.
1.2 Payment of the Referral Fee is dependent on the Referred Client registering for a live trading account, passing all compliance requirements, depositing a minimum amount of $500 and trading with ForexCT.
1.3 These terms and conditions form the basis of the Refer a Friend Promotion.
1.4 Taking part in this Refer a Friend Promotion constitutes acceptance of these terms and conditions.
2.1 The Referrer must be an existing client of ForexCT.
2.2 ForexCT may accept or reject any application from a Referred Client to open a trading account in its sole and absolute discretion.
2.3 Fraudulent, multiple or incorrectly completed applications will not be accepted.
2.4 Referrers may only refer individuals whom they already have a pre-existing personal or business relationship with. Referrers must not submit the following for referral:
(a) existing leads or clients of ForexCT or clients that have already registered an interest in trading with ForexCT;
(b) email lists or group email addresses;
(c) themselves or their spouses;
(d) co-inhabitants or people living at the same address as the Referrer; or
(e) fictitious individuals.
2.5 Referrers should only refer persons that are interested in the products that ForexCT offers.
2.6 Existing ForexCT introducing brokers and referrers are not eligible to participate in the Refer a Friend Promotion.
2.7 The Referrer is limited to 10 Referred Clients.
2.8 ForexCT shall not be responsible or liable if there is a delay in payment of the Referral Fee to the Referrers bank account or ForexCT trading account.
2.9 The Refer a Friend Promotion cannot be used in conjunction with any other offer.
3. Terms and Conditions
3.1 The Referral Fee will be based on the amount of the first deposit by the Referred Client.
3.2 The following schedule outlines the Referral Fees payable under the Refer a Friend Promotion:
First Deposit ($500 - $4,999) = Referral Fee $100
First Deposit ($5,000+) = Referral Fee $200
3.3 Subject to these terms and conditions, the Referral Fee will be paid when the Referred Client opens and closes a total of five trades on their ForexCT trading account ('Trading Requirement').
3.4 Any hedged trades shall not be included in the Trading Requirement.
3.5 The Referred Client must satisfy the full Trading Requirement before the Referral Fee will be paid.
3.6 The Referred Client must satisfy the Trading Requirement within 1 month from the date of receipt of their first deposit otherwise the Referral Fee will not be paid.
3.7 ForexCT reserves the right to amend or cancel the Refer a Friend Promotion terms and conditions at any time without prior notice. Any amendments made to the terms and conditions will be posted on the website. We recommend that Referrers revisit these terms and conditions regularly and, by continued use of ForexCT’s website and services, Referrers accept any such amended terms and conditions.
3.8 Any dispute or situation not covered by these terms and conditions will be resolved by ForexCT in a manner it deems to be the fairest for all concerned. That decision shall be final and no correspondence will be entered into.
3.9 If these terms and conditions are translated into a language other than English, then the English version of the terms and conditions shall prevail where there is an inconsistency.
3.10 If the Referrer or Referred Client is in breach of the ForexCT trading terms and conditions in any way whatsoever the Refer a Friend Promotion will immediately become null and void.
3.11 ForexCT shall not be liable for any loss (including, without limitation, indirect, special or consequential loss or loss of profits), cost, expense or damage which is suffered or sustained in connection (directly or indirectly) with the use of the Refer a Friend Promotion.