Seasonal Promotion Terms and Conditions

TERMS AND CONDITIONS OF THIS PROMOTION

iPhone Giveaway Terms & Conditions

1. Eligibility: This prize draw is open to any active Switch Markets client who trades between December 9th, 2024, and January 15th, 2025. New customers who sign up and trade within this period will automatically enter the lottery.
2. Entry Requirements: Eligible participants will be automatically entered into the iPhone 16 prize draw by actively trading during the promotional period. Residents of the European Union are not eligible for this promotion.
3. Winner Selection: You’ll be automatically entered and we’ll reveal the winner beginning of February 2025.
4. Cash Option: Instead of the iPhone 16, the winner may choose a cash alternative of equivalent value, which will be credited to their Switch Markets trading account.
5. Agreement to Marketing Communication: By participating in the prize draw, entrants agree to receive future marketing and promotional communications from Switch Markets. Participants may unsubscribe from marketing emails at any time after the promotion.
6. Data Privacy: All personal information provided will be securely stored and managed in accordance with Switch Markets' privacy policy and used solely for purposes related to this promotion and relevant updates.
7. Non-Transferable: The prize is non-transferable. If the iPhone 16 is unavailable, a prize of equivalent value will be provided.
8. Acceptance of Terms: By entering, participants confirm they have read, understood, and agree to these Terms & Conditions.

Cashback Promotion Terms & Conditions

Switch Markets provides $2 cashback rebates per round-turn lot unless otherwise specified (Forex trades only). One lot represents 100,000 base currency units traded.

Eligibility

Cashback rebates apply to clients who register and make a first deposit during the promotion period (December 9th, 2024, and January 15th, 2025). For eligible clients, cashback rebates will be automatically credited to the cashback wallet in their account cabinet. Cashback applies for trades opened and closed on live accounts until January 31st, 2025, after which no rebates will be paid.

Exclusions

• Accounts registered before December 9th, 2024
• Residents of the European Union
• Islamic accounts
• Clients referred by affiliates or IBs (non-direct clients)

Credit Bonus Terms & Conditions

1. Switch Markets International PTE Ltd offers this The "Bonus" campaign and is valid only in special cases and is only provided to the selected group of Participants. This "Special Bonus" is not transferable and is solely limited to the recipient of this offer. Residents of the European Union are not eligible for this promotion.

2. The Credit Bonus constitutes only an additional free margin limit and therefore it increases the amount of funds available for trading (i.e. for opening new positions and maintaining margin requirements to such positions). Bonus however is not a part of the balance of the trading account and as such it cannot be withdrawn.

3. The Credit Bonus is deposited in the client’s account where funds are deposited to and approved by Switch Markets as margin credit and therefore cannot be used to cover trading losses.

4. The Bonus funds are considered to be the property of Switch Markets.

5. The Credit Bonus applies to eligible clients subject to Switch Market's on-boarding procedures and relevant anti-money laundering and counter terrorism financing checks. Switch Markets has the full right to accept or reject the opening of the new account.

6. By participating in this promotion, you acknowledge that you have read and agreed to be bound by the rules of engagement of this promotion and Switch Market's Account Terms as displayed on Switch Market's website https://www.switchmarkets.com/

7. All disputes or situations not covered by these terms and conditions will be resolved by Switch Markets International PTE Ltd management in a manner it deemed to be fairest to all concerned parties. Such a decision shall be final and binding to the Participant.

8. If any part of this promotion were to be translated into a language other than English, then the English form shall prevail where there is an inconsistency.

9. This offer cannot be used in conjunction with any other offer, unless approved by Switch Markets.

10. Switch Markets reserves the right at its sole discretion, to alter, amend or terminate the promotion or any aspect of it at any time without prior notice. However, Switch Markets will post changes (if any) on their website.

11. It is recommended that participants carefully and regularly keep up to date on the T&Cs and or updates, please note that by continuing to participate in this promotion and the use of Switch Market’s services constitutes the acceptance and agreement to be bound by any amendment or alteration to the promotion.

12. Switch Markets shall not be liable for any loss (including, without limitation, indirect, special or consequential loss or loss of profits), costs, expense or damage which is suffered or sustained in connection with the Promotion or opening a live trading account with Switch Markets.

13. If Switch Markets suspects that the Participant has abused or attempted to abuse the promotion or otherwise acted with a lack of good faith towards Switch Markets, Switch Markets reserves the right to deny, withhold, cancel or withdraw from that Participant any amounts, and, if necessary, to cancel any terms and conditions of this promotion and client agreement with respect to that Participant, either temporarily or permanently, or to terminate that Participant's access to the services and/or block that Participant's account(s).

14. Switch Markets is not responsible for any technical malfunction of any communications network or any late, lost, incorrectly submitted, delayed, illegible, incomplete, corrupted or misdirected entry whether due to error, transmission interruption or otherwise.

15. These Terms & Conditions are made in English. Any other language translation is provided as a convenience only. In the case of any inconsistency or discrepancy between the original English text and the translation into any other language, English version shall prevail.