Promotional Information
Zero Commission Offer (for Alpari Direct and Alpari Direct Pro only)
Introduction
- 1. These Terms and Conditions (“Terms”) form the basis of the Zero Commission (“0% Commission”) promotional offer (“Offer”).
- 2. Taking part in this Offer constitutes acceptance of these Terms. Alpari (UK) Limited (Company Number 5284142) is authorised and regulated by the Financial Services Authority (“Alpari UK”) and reserves the right to alter, amend or terminate this Offer, or any aspect of it, at any time and without prior notice. We may make changes to these Offer Terms and will notify you of these changes by posting the modified terms on the Alpari (UK) website. We recommend that you revisit these Terms regularly and, by your continued use of the Alpari (UK) website and services you accept any such modified terms.
- 3. We reserve the right, at our sole discretion, to disqualify any individual that tampers or attempts to tamper with the operation of the Offer, or breaches the Offer Terms or Our Terms and Conditions of Business.
- 4. Any dispute or situation not covered by these Offer Terms will be resolved by our management in a manner it deems to be the fairest to all concerned. That decision shall be final and/or binding on all entrants. No correspondence will be entered into.
- 5. If these Offer Terms are translated into a language other than English, then the English version of the Rules shall prevail where there is an inconsistency.
Conditions of Eligibility
- 6. Subject to clause 7 below, the Offer is available to clients who have satisfied the Eligibility Criteria for the Offer (“Eligible Client”).
- 7. The Eligibility Criteria for the Offer are:
- (a) that it shall only apply to a potential client who successfully opens a new Alpari Direct or Alpari Direct Pro account (please note that this offer does not apply to a client who has a Pro Account in MetaTrader);
- (b) that the Offer is limited to transactions made on the first Pro account opened per client; and
- (c) for the avoidance of doubt, the Offer is available once for each Eligible Client and does not include multiple accounts being opened by the same potential client.
The Offer
- 8. The Offer entitles an Eligible Client to have their Commissions paid rebated in full, on a pro-rata basis, following the end of each month.
- 9. Clients must trade a pro-rata monthly average nominal volume of USD1 billion on the relevant Pro account during the promotional period to qualify.
- 10. Clients trading a pro-rata monthly average nominal volume of less than USD1 billion on the relevant Pro account during the promotional period will have 50% of their Commissions rebated at the end of each month.
- 11. During this period, commission will be charged on all transactions at the Pro account commission rates stated.
- 12. The rebate will occur fifteen calendar days after the end of each month during the promotional period.
- 13. All persons taking part in the Offer, to the maximum extent permitted by law, release from, and indemnify Alpari (UK) against, all liability, cost, loss or expense arising out of or in connection with the Offer including (but not limited to) personal injury and damage to property and whether direct or consequential, foreseeable, due to any negligent act or omission or otherwise.
- 14. A failure by Alpari (UK) to enforce any of these terms and conditions in any instance(s) will not give rise to any claim by any person or prevent Alpari (UK) from taking enforcement action later.
Promotional Period
- 15. The Promotional Period is from 00:00:00 (GMT) Wednesday 21st October to Wednesday 20th January 2010 23:59:59 (GMT).
- 16. These Terms and Conditions are dated 20 October 2009.
Risk Warning
- 17. It is important that Eligible Clients are aware that their risks are not limited to the deposit and that by making a qualifying trade it is possible to lose more than the deposit. In some circumstances Losses may be considerably more than any initial or minimum deposit.