Bonus Terms & Conditions


General Bonus Terms and Conditions:

The following terms from part of the Terms and Conditions of use at www.OptionFair.com – (Sections 25.1-25.9)

  1. To be eligible to receive a bonus or promotion from the Company, you must have made a minimum deposit of 250 USD/EUR/GBP.

  2. Each bonus offer is provided on a one-time and limited time basis.

  3. Bonuses are immediately available for trading.

  4. Bonuses are immediately available for trading. Bonuses are available for withdrawal only after wagering requirements (measured as trading volume completed) have been satisfied. Wagering is standardly set at 40 times the volume of the bonus value for Binary trades and 50 times the volume of the bonus value for Forex trades. For example, if a $30 bonus is granted, a trader must complete a total of $1200 Binary trades or $1500 Forex trades before the bonus is available for withdrawal [withdrawals are subject to the client’s account balance]. For Forex trades the wagered amount is set on initial investment amount only.

  5. Notwithstanding Point 4, bonuses exceeding $ 4,999 and $ 9,999 shall be subject to trading volume requirements of 60 times and 80 times the value of the bonus before becoming available for withdrawal.

  6. In the event that the entire or part of the deposit on which the bonus is given is withdrawn before the bonus amount has been traded 40 times, the following shall apply:

    1. The bonus shall be canceled.
    2. In the case of trading loses, all losses will be borne by the original deposit and the remaining balance may be withdrawn.
    3. In the case of trading profits, the trading profits shall be canceled and the original deposit may be withdrawn.
  7. Bonuses which are awarded as “Broker’s Money” shall be available for withdrawal after trading 10 times the volume of the bonus value. All other conditions described in sections 1-6 apply.

  8. Risk Free/Insured Trades- For any ‘risk free/insured trades’, all participating users understand that in the event of a trading loss, OptionFair will reimburse the trader with bonus funds to their account balance. The value of the bonus is determined by the total loss from all insured trades and will in no event exceed the value of the funding deposit. If at any point a trader withdraws the initial deposit amount from their account, OptionFair reserves the right to cancel the ‘risk-free/insured trades’ offer and all losses will be deducted from the account of the user.

  9. Cashback is a cash payment reward. Cashback is a promotional offer that is subject to change. OptionFair reserves the right to alter or cancel the terms of the cashback promotion without prior notice and without explanation. Any decisions are final. The requirements to qualify to receive cashback may vary for different promotions.

  10. The Company reserves the rights to change or cancel any bonus or promotion at their discretion.

 

OptionFair® is an innovative binary options trading platform provider owned and operated by B.O. Tradefinancials Ltd, a company located in the Republic of Cyprus and licensed by the Cyprus Securities and Exchange Commission: License Number 216/13 www.cysec.gov.cy

 

Risk Warning: All information in and on OptionFair.com is solely for informative means, and is not intended to be taken as financial advice on any issue or subject. No users, traders or site viewers should act, or not act, as a result of OptionFair’s content without first consulting the suitable financial expert advice. B.O. Tradefinancials and its affiliates publically repudiate all liabilities related to, or resulting from, any acts, taken or not, founded on any or all of the content on this site. It is recommended that traders should know that Binary Options trading is known as a ‘high risk’ monetary activity that has the potential to cause the trader to lose part of, or all of, the invested funds in a relatively short time period. All traders are kindly advised to decide if this activity will fit their needs, if they have the fiscal resources for it and if this is a worthwhile personal undertaking.

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