MiTrade – $50 No-Deposit Bonus

1. These terms and conditions (the “Terms”) form the basis of the Mitrade Global Pty Ltd Trial Bonus Promotion (the “Promotion”). By participating in the Promotion, you agree to be bound by these Terms. Mitrade Global Pty Ltd (“Mitrade”, ABN 90 149 011 361, AFSL No 398528) is the provider of this Promotion. Mitrade reserves the right to vary or cancel any of these Terms at any time, subject to applicable laws with or without prior notice.

2. The terms used but not defined herein have the meaning given to them in the Mitrade Global Pty Ltd Product Disclosure Statement (the “PDS”) and/or Client Agreement (the “CA”), and references to the PDS and/or CA below shall be construed accordingly.

3. Mitrade will offer this Promotion to new customers who have opened a new live account during the period of Promotion in condition 5 (the “Eligible Customer”) at its own discretion. All new accounts are subject to approval as per Mitrade’s account opening procedure. The Promotion is only available once for each Eligible Customer and does not include multiple accounts being opened by the same customer.

4. The Promotion is limited to a maximum of 300 Eligible Customers on each calendar day in all of the regions/countries where Mitrade may offer products and services. Eligible Customers are chosen in a random manner in accordance with the Term 3 above.

6. Subject to the base currency of the trading account, an Eligible Customer can apply to receive AUD$50 or USD$50 (the “Trial Bonus”) after having satisfied all account opening criteria as determined by Mitrade in its absolute discretion. Mitrade will activate and deposit the Trial Bonus to the Eligible Customer’s trading account as soon as practicably possible and no later than 1 hours after accepting your application. The Trial Bonus will be displayed on the trading platform for your reference.

7. The Trial Bonus itself cannot be claimed or withdrawn. All Trial Bonuses expire after 48 trading hours of activation. The count-down timer of the Trial Bonus will be displayed in the trading platform for your reference.

8. In order to claim the trading profits from the Trial Bonus, you must satisfy the minimum trading requirements represented by the Trading Points within 48 trading hours of activation. You must satisfy at least 1 Trading Point (“TP”) as defined in the Symbol and TP Table .The trial bonus and the profit exceeded maximum claimable amount will be withdrawn by Mitrade after the event has ended. In general, 1 lot in FX and Commodities is counted as 1 TP and 1 lot in Indices and other instrument is counted as 0.2 TP. Trading Points are awarded only based on closed positions. (for example, opening a position of 1 lot EUR/USD and closing the same position is counted as 1 lot in total).Positions opened using trial bonus will be automatically closed when the Trial Bonus expires.

9. The trading requirement under Condition 8 must be strictly completed before the Trial Bonuses expires under Condition 7.

10. The maximum of profits you can claim under this Promotion is AUD$50 or USD$50.

11. During the event, you can only submit a deposit/withdrawal request after you have ended the event, and the $50 AUD/USD Trial Bonus will be withdrawn from your account by Mitrade.

12. The Trial Bonus promotion is an independent event. This means that the trading points you have acquired from this promotion will not be counted towards other promotions.

13. All trading decision are yours. Mitrade will not be held liable for any losses incurred on your account under this Promotion. Any dispute or situation not covered by these Terms, will be resolved by our management in a manner it deems to be fairest to all concerned and that decision shall be final and binding on all parties.

14. This Promotion and any obligations of Mitrade pursuant to it will be revoked or withdrawn from participants who abuse the spirit or intention of it, or who breach PDS or CA. We reserve the right to cancel or terminate the trade, and to cancel or withdraw the promotion at any time in case of any suspected abuse of the Promotion.

15. If at any time, all or any part of any provision of these Terms are or become illegal, invalid or unenforceable in any respect under the law of any jurisdiction, such provision(s) shall not affect or impair the legality, validity or enforceability in that jurisdiction of the remainder of that provision or all other provisions of these Terms or the legality, validity or enforceability under the law of any other jurisdiction of that provision or all other provisions of these Terms.

16. These Terms shall be governed by and construed in accordance with the laws of Victoria, Australia and shall by subject to the jurisdiction of the Victorian courts.

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