Dear traders! The promotion "Stop Out shield" will let you protect your funds from a temporary drawdown of your account. The bonus may be used without any limitations and also as margin funds.
Both new and active clients of FIBO Group, Ltd. company may take part in this promotion if they opened an MT 4 Fixed or MT 4 Floating bonus account during the period from the 20st of August to the 20th of September inclusive and activated it via depositing not less than 300 USD. One client is able to open only one trading account to take part in this promotion.
The amount of the bonus is proportionate to the amount of the deposit, it increases after depositing funds and decreases after withdrawing funds.
The amount of the bonus accounts for 20 %. The bonus is deposited upon funds being credited to a bonus account using direct transfer via one of the deposit methods you may find in the section "Deposit funds" in your Client's Cabinet. It's impossible to make a deposit to a bonus account via internal transfer. The bonus funds will be credited to the activated account after termination of the promotion's activity period.
The amount of the bonus increases 20 % from the amount of the deposited sum after each deposit to the trading account. The amount of the bonus decreases 20 % from the amount of the withdrawn sum after each withdrawal from the trading account. The total amount of bonus may not exceed 5000 USD.
- Deposit funds: deposited sum * 20 % = sum credited to the bonus part of your trading account
- Withdrawal of Funds: withdrawn sum * 20% = sum withdrawn from the bonus part of your trading account
Promotion "Stop Out shield" is set out to protect open positions from Stop Out during the period of drawdown.
Funds credited as a"safety cushion" may not be withdrawn from your trading account.
The company is entitled to deny the deposit bonus or cancel a credited bonus at any time if there are arguments to presume that a Client deposited to a (bonus) trading account with funds which were earlier withdrawn by a Client from his trading account (trading accounts) including but going beyond as well bank transfer, transfer via any paying system etc. The Company is entitled to cancel and withdraw the credited bonus if it soundly considers that a Client has undertaken certain actions which are aimed at illegitimate use of the bonus funds. The Company isn't responsible for any consequences of the bonus cancellation including Margin Call and Stop Out.
The Company is entitled to introduce changes to the conditions of promotion "Stop Out shield" and to also abolish the current promotion at any time without prior notification. Abolishment of the promotion doesn't apply to Clients who take part in the promotion at the moment of abolishment.
A Client has a right to impeach the refusal of the bonus deposit and cancellation of the credited bonus during 5 working days via sending reclamation to the email: service@fibogroup.com
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