Zenita Finance General Bonus Terms and Conditions

1.Introduction

1.1 These Terms and Conditions are applicable to Zenita Finance (“the Company”) and its Clients (legal entities or individuals) who have active trading accounts and have been granted a Credit or Bonus (hereinafter referred to as “the Client” or “you”).

1.2 Zenita Finance reserves the right to offer a variety of bonus programs to its Clients periodically. Each bonus program is subject to its specific set of terms and conditions, which will be clearly outlined at the launch of each program. Clients are required to read, understand, and agree to these terms before participating in any program. These Terms and Conditions may be revised similarly to the Company’s Customer Agreement.

1.3 In this document, the term “Credit” or “Bonus” is used to refer to the additional funds provided by Zenita Finance to its clients as part of various promotional or incentive programs. These additional funds are added to the client’s trading account and can be used to open positions and increase trading volume. They serve as a form of trading equity but are distinct from a client’s deposited funds or earned profits. Clients should be aware that specific terms and conditions govern the allocation, utilization, and withdrawal of these bonus funds, which will be outlined in each bonus program’s details.

2.About The bonus programs

2.1 Zenita Finance proposes a variety of bonus programs periodically. Each of these has unique features, criteria, and requirements that need to be met for you to receive a Credit. We highly encourage you to scrutinize the features of each bonus program and ensure you comprehend and consent to them. The bonus programs are optional, and you may request to disable this service at any time.

2.2 Participation in any bonus program is restricted to verified clients of Zenita Finance trading on the MetaTrader 5 platform, unless otherwise specified in the program’s individual terms.

2.3 Zenita Finance reserves the right to exclude clients from certain regions from participating in any of its bonus programs at its sole discretion.

3.Bonus Eligibility and Cancellation

3.1 The maximum bonus that can be earned from any bonus program will be specified in the terms of each program. Any attempt to exploit the system to earn multiple bonuses is considered a breach of the program terms and may result in the cancellation of the bonus and potential sanctions.

3.2 Clients may have multiple trading accounts but are only eligible for one bonus per program, per client, unless otherwise specified in the individual program terms.

3.3 The Credit/Bonus is credited in the Base Currency of the Trading Account.


3.4 Zenita Finance retains the right to cancel any bonus with immediate effect in the event of a Client’s Default, with prior notification to the client

3.5 Zenita Finance reserves the right to modify, cancel, or cease any bonus program at any time and at its sole discretion, with or without prior notice to clients.

3.6 Zenita Finance retains the right to close the Client’s trades if there are no funds available for withdrawal in the Trading Account (i.e., only the Credit/Bonus remains in the Trading Account).

3.7 Zenita Finance also reserves the right to disallow the opening of new positions if there are no funds available for withdrawal in the Trading Account (i.e., only the Credit/Bonus remains in the Trading Account).

3.8 Participation in any bonus program is only open to individuals who are at least 18 years of age and have a solid understanding of FX and CFD trading.

3.9 Any abusive behavior, including but not limited to multiple registrations from the same IP address, manipulative trading activities, or failure to meet certain requests related to the bonus program within the specified deadline, may result in exclusion from the program and additional penalties.

3.10 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.

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

4.Bonus Usage and Withdrawal

4.1 Existing clients are eligible for new bonus programs but may be required to open a new trading account or make a new deposit, as specified in the individual program terms.

4.2 Zenita Finance is not liable for any trading losses or other consequences that result from bonus cancellation or removal.

4.3 The bonus amount becomes eligible for withdrawal once the client fulfills specific trading volume requirements, as outlined in each program’s terms. This includes only for credit bonus programs.

Credit Bonus Example (100% Credit Bonus)

A client may withdraw their bonus amount once they have met a certain trading volume. Specifically, for each lot of FX/Metals traded, 2 units of the bonus currency will be released. It’s important to note that only closed trades with a minimum of 3 pips will be factored into the turnover calculation. The turnover is calculated using the formula:
Turnover (in lots) = Bonus Amount (in USD) / 2.

Consider a scenario where the bonus amount is $100. The required turnover in lots would be:

  • Turnover = $100 / 2 = 50 lots
  • Hence, a client must trade 50 lots of FX/Metals to release a bonus of 100 units.

Deposit Bonus Example (30% Deposit Bonus)

In case of a withdrawal from a bonus-credited trading account, the bonus will be deducted from the account.

5.Complains

5.1 You may send complaints via [email protected].

6.General Provisions

6.1 All terms and conditions related to the Credit Programs are supplementary to the terms and conditions stipulated in Zenita Finance’s Customer Agreement. In case of any inconsistencies between the Credit Program terms and the Customer Agreement, the respective Credit Program’s specific terms will prevail, given that they don’t contradict the general principles of the Customer Agreement.

7.Risk Warning

7.1 Trading foreign exchange (Forex) and Contracts for Differences (CFDs) involves significant risk and can result in the loss of your invested capital. Therefore, Forex and CFDs may not be suitable for all investors. You should not risk more than you are prepared to lose.

7.2 Regarding the use of bonuses, while they can potentially enhance your trading capabilities, they come with their own specific terms and conditions. You are required to fully understand these terms and conditions before availing of any bonus program. In case of non-compliance, Zenita Finance reserves the right to cancel or reclaim the bonus, which might affect your trading strategies.

7.3 Bonuses do not constitute a substitute for personal savings or risk capital. Zenita Finance advises all clients to use bonuses wisely and as part of a comprehensive and well-thought-out trading strategy. Never invest money that you cannot afford to lose and always remember that past performance is not an indication of future results.

7.4 All trading decisions are the responsibility of the individual client and Zenita Finance will not be held responsible for the results of such decisions.

7.5 By participating in Zenita Finance’s bonus programs, you acknowledge that you have read, understood, and agreed to be bound by these terms and conditions, in addition to Zenita Finance’s Customer Agreement.