1. Introduction

Zenita Finance Ltd, herein referred to as the “Company”, extends the DoubleUp Bonus Program (subsequently known as the “DoubleUp Bonus”) to its clients in accordance with Terms and Conditions. This program is designed as a reward initiative.

1.1 DoubleUp Bonus is eligible for the Company’s all clients who have satisfied the specific criteria set out for this DoubleUp,as detailed in paragraph 1.2

1.2 To be eligible for participation in the DoubleUp Bonus:

      A. a client needs to have an active trading account with the Company,
      B. as defined by the Customer Agreement. The client should also be 18 years of age or
        older, or have reached the legal age as prescribed in their country of residence, and not
        be considered a “minor” under their respective jurisdiction.
      C.Only clients who have undergone full verification can receive the bonus.

2. Terms And Conditions

2.1 The DoubleUp Bonus program presents every validated client with the chance to acquire up to $10,000 as a credit bonus. The bonus is credited at a rate of 100% for each deposit made. The total bonus can amass up to $10,000 at the individual client level, and it isn’t determined per trading account.

2.2 The bonus is applicable only for Standard and Fixed-spread accounts.

2.3 Each client is eligible for the bonus on only one trading account

2.4 DoubleUp Bonus can’t be used in drawdown situations.

2.5 The bonus amount becomes eligible for withdrawal once a specific trading volume has been achieved. For each lot of FX/Metals traded, 2 units of the bonus currency will be released. Only trades that are open for a minimum of 10 minutes will be considered in turnover calculation. Turnover will be calculated according to the following formula: Turnover (in lots) = Bonus Amount (in USD) / 2.

For instance, if the bonus amount is $100, the required turnover in lots would be:

Turnover = $100 / 2 = 50 lots
This indicates that to release a bonus of 100 units, 50 lots of FX/Metals must be traded.

2.6 Bonus funds are not factored into the calculation of Margin Call and Stop Out levels, nor are they considered in the cancellation of the Bonus as outlined in paragraph 2.11

2.7 The history of the trading account does not impact the turnover calculations for the purpose of this promotion; only new trades are taken into account in calculations of the turnover.

2.8 The Bonus is granted no later than 7 (seven) days after the Client funds his trading account.

2.9 To get the bonus, the client must contact customer support.

2.10 If the equity is less than the initial deposit, you cannot get the 100% Bonus on your deposit. Example: You deposit $100. Then you start trading and lose $2. Your equity is $98, which is less than your initial deposit of $100. Therefore, you cannot get the 100% Bonus on the deposit.

2.11 In the event that your account balance or Equity (excluding bonus funds) drop below 40% of the bonus amount, the bonus will be deducted.

For instance:

Your bonus funds = $1500
Your equity = $2000
2000 — 1500 = 500 (which is less than 40% of the bonus funds) => The bonus gets canceled.

3. Cancellation of the DoubleUp Bonus

3.1 The Company retains the right to cancel the DoubleUp Bonus with immediate effect in the event of a Client’s Default, with prior notification to the client.

3.2 Any withdrawal of the client’s may result in the corresponding deduction of the bonus amount from their account.

3.3 Our platform reserves the right to cancel the bonus if any suspicious or abusive trading behavior is detected. This includes but is not limited to activities such as wash trading, use of unauthorized automated trading systems, and any attempts at market manipulation.

3.4 If the Company suspects or has reason to believe that a Client holds more than one account under this Program, the Company, at its absolute discretion and without obtaining the Client’s consent, reserves the right to remove the DoubleUp from the Client’s Trading Account(s) immediately. The Company does not accept any liability whatsoever for any loss resulting from the Stop Out of open positions following any bonus removal in compliance with these Terms and Conditions.

3.5 The Bonus will be withdrawn if there is inactivity (i.e., no deposits, withdrawals, or trading activities have been executed) in the Client’s trading account over a period of 30 (thirty) calendar days.

4. Acknowledgments

4.1. The Client acknowledges that participation in the DoubleUp Bonus Program signifies acceptance and understanding of all terms and conditions, and is indicative of their agreement to abide by them.

4.2. The Client understands and acknowledges that the Company retains the right, in its sole discretion, to close/suspend temporarily or permanently all of the Client’s Trading Accounts, void any previously credited trading bonuses from the Client’s Trading Accounts, or cancel all transactions conducted, including any pending orders and/or any profits or losses earned, if the Company detects or suspects any form of arbitrage, abuse, fraud, manipulation, cash-back arbitrage related to a Trading Account or any other forms of deceitful or fraudulent activity.

4.3. The Client further agrees and recognizes that the Company bears no liability for any consequences arising from the Bonus cancellation, including, but not limited to, the closure of orders by Stop Out, in circumstances where any of the situations stated in Clause 4.2 occur.

4.4. The Client acknowledges that Forex and CFDs are leveraged products that involve a high level of risk. It is possible for Clients to lose all their invested capital when trading these products. These products may not be suitable for everyone, and Clients should make sure they understand the associated risks. Clients should seek independent advice if necessary.

4.5. These Terms and Conditions are written in English. Translations into any other language are provided for convenience only. In the event of any inconsistency or discrepancy between the original English text and its translation into any other language, the original English version shall prevail.