1. Introduction
- The website www.ct/za (the “Company’s Website”) is operated by a Group of companies. GT IO Markets (Pty) Ltd and ISPASS Technologies Ltd are companies of this group. The Company’s Website is owned by GT IO Markets (Pty) Ltd (the “Company”)
- The Company is registered in South Africa, with Registration Number 2015 / 059344 / 07 and has its registered address at Aurora Drive, Liberty Life Building 21, Office 125, 1st Floor Umhlanga, Kwa-Zulu Natal South Africa, 4301. GT IO Markets (Pty) Ltd is regulated by the Financial Sector Conduct Authority under the FSCA FSP Number 48896.
- The Company acts as intermediary between the investor and the Liquidity Provider, the counter-party to the contract for difference purchased by the Investor via the Company.
- ISPASS Technologies Ltd provides the software platform and is a registered company in Cyprus, with Registration Number HE394419 and has its registered address at Nikodimou Mylona 12, Themis Build 3, Block A, Flat/Office 312, 8046 Paphos, Cyprus.
2. No Deposit Bonus
- 2.1 The No Deposit Bonus Promotion (hereinafter the “No Deposit Bonus”) is available only for new Clients and valid through a limited time period (hereinafter the “No Deposit Bonus Period”) which is specified under the “Promotions” tab from time to time in the Company’s Website. The Company reserves the right to extend the period at its own discretion. All times are GMT+3.
- 2.2 The No Deposit Bonus is offered at the discretion of the Company to the amount specified under the “Promotions” tab in the Company’s Website to new approved Clients of the Company. Clients that register and are approved after the No Deposit Bonus expires will not be eligible for the bonus.
- 2.3 The No Deposit Bonus is available only if the account is validated within 30 days from the registration date of the account
- 2.4 The No Deposit Bonus will be credited to the Client’s Account as a Credit instantly and shall be available for trading purposes only.
- 2.5 The No Deposit Bonus will be automatically cancelled in case a Client withdraws money during or after the No Deposit Bonus Period.
- 2.6 The No Deposit Bonus will apply per Client, therefore, if the client holds multiple accounts in the same or different currency, he/she is eligible to receive the No Deposit Bonus only once in the first account that was registered during the promotional period. If the Client registered an account before the No Deposit Bonus Period, he/she shall not receive the No Deposit Bonus for any account that was registered during the No Deposit Bonus Period. The No Deposit Bonus can be granted for up to two family members / per household.
- 2.7 Profits generated from the No Deposit Bonus can be withdrawn when they reach a value equal to / more than 300 USD. Any attempt to transfer out less than 300 USD from the Client's Live MT5 account to the eWallet, will not be approved. If a Client however makes a deposit and uses his/her own deposit for trading, then he/she will be able to withdraw any profit generated from the Live MT5 Account.
3. First Time Deposit Bonus
- 3.1 The First Time Deposit Bonus Promotion (hereinafter the “First Time Deposit Bonus”) is available only for Clients that make their first deposit and it is applicable to all currency deposits and valid through a limited time period (hereinafter the “First Time Deposit Bonus Period”) which is specified under the “Promotions” tab from time to time in the Company’s Website. Compatible Trading reserves the right to extend the period at its own discretion. All times are GMT+3.
- 3.2 The First Time Deposit Bonus is offered at the discretion of the Company to the first deposit amount and to a maximum specified under the “Promotions” tab in the Company’s Website from time to time to new approved Clients of the Company. Clients that register and are approved after the First Time Deposit Bonus expires will not be eligible for the bonus.
- 3.3 The First Time Deposit Bonus will be credited to the Client’s Account as a Credit instantly and shall be available for trading purposes only.
- 3.4 The First Time Deposit Bonus will be automatically cancelled in case a Client withdraws money during or after the First Time Deposit Bonus Period.
- 3.5 The First Time Deposit Bonus will apply per Client, therefore, if the Client holds multiple accounts in the same or different currency, he/she is eligible to receive the First Time Deposit Bonus only on the first deposit in any of the accounts during the First Time Deposit Bonus Period. If the client registered an account before the First Time Deposit Bonus Period, and never made a deposit, he/she shall be eligible to receive the First Time Deposit Bonus during the First Time Deposit Bonus Period.
- 3.6 Bonuses are granted when you transfer funds from your eWallet to your MT5 Trading Account. There is no Bonus for depositing funds into your eWallet.
- 3.7 The Bonus is calculated based on the amount you transfer from your eWallet to your MT5 Trading Account, not on the amount you have deposited.
4. Second Time Deposit Bonus
- 4.1 The Second Time Deposit Bonus Promotion (hereinafter the “Second Time Deposit Bonus”) is available only for Clients that make their second deposit and it is applicable to all deposits and valid through a limited time period (hereinafter the “Second Time Deposit Bonus Period”) which is specified under the “Promotions” tab from time to time in the Company’s Website. The Company reserves the right to extend the period at its own discretion. All times are GMT+3.
- 4.2 The Second Time Deposit Bonus is offered at the discretion of the Company to the second deposit amount and to a maximum specified under the “Promotions” tab in the Company’s Website from time to time to new approved Clients of the Company. Clients that register and are approved after the Second Time Deposit Bonus expires will not be eligible for the bonus.
- 4.3 The Second Time Deposit Bonus will be credited to the Client’s Account as a Credit instantly and shall be available for trading purposes only.
- 4.4 The Second Time Deposit Bonus will be automatically cancelled in case a Client withdraws money during or after the Second Time Deposit Bonus Period.
- 4.5 The Second Time Deposit Bonus will apply per Client, therefore, if the Client holds multiple accounts in the same or different currency, he/she is eligible to receive the Second Time Deposit Bonus only on the second deposit in any of the accounts during the Second Time Deposit Bonus Period. If the Client registered an account/s before the Second Time Deposit Bonus Period, and never made a second deposit, he/she shall be eligible to receive the Second Time Deposit Bonus during the Second Time Deposit Bonus Period.
5. Third Time Deposit Bonus
- 5.1 The Third Time Deposit Bonus Promotion (hereinafter the “Third Time Deposit Bonus”) is available only for Clients that make their third deposit and it is applicable to all deposits and valid through a limited time period (hereinafter the “Third Time Deposit Bonus Period”) which is specified under the “Promotions” tab from time to time in the Company’s Website. The Company reserves the right to extend the period at its own discretion. All times are GMT+3.
- 5.2 The Third Time Deposit Bonus is offered at the discretion of the Company to the third deposit amount and to a maximum specified under the “Promotions” tab in the Company’s Website from time to time to new approved Clients of the Company. Clients that register and are approved after the Third Time Deposit Bonus expires will not be eligible for the bonus.
- 5.3 The Third Time Deposit Bonus will be credited to the Client’s Account as a Credit instantly and shall be available for trading purposes only.
- 5.4 The Third Time Deposit Bonus will be automatically cancelled in case a Client withdraws money during or after the Third Time Deposit Bonus Period.
- 5.5 The Third Time Deposit Bonus will apply per Client, therefore, if the Client holds multiple accounts in the same or different currency, he/she is eligible to receive the Third Time Deposit Bonus only on the third deposit in any of the accounts during the Third Time Deposit Bonus Period. If the Client registered an account/s before the Third Time Deposit Bonus Period, and never made a third deposit, he/she shall be eligible to receive the Third Time Deposit Bonus during the Third Time Deposit Bonus Period.
6. Next Time Deposit Bonus
- 6.1 The Next Time Deposit Bonus Promotion (hereinafter the “Next Time Deposit Bonus”) is a promotion where a deposit bonus, in the form of trading credit, is granted to Clients who make a transfer-in to their Live MT5 trading account during the promotional period (hereinafter the “Next Time Deposit Bonus Period”).
- 6.2 The Next Time Deposit Bonus has a limit of trading credits which can vary according to the maximum set for each running promotion. The Company reserves the right to increase the maximum limit of trading credits and/or extend the timeframe of the Next Time Deposit Bonus at its own discretion.
- 6.3 Clients who register and are approved after the Next Time Deposit Bonus expires, will not be eligible to receive the deposit bonus.
- 6.4 Trading credits obtained through the Next time Deposit Bonus are credited to the Client’s Account and can be used for trading purposes only.
- 6.5 The Next Time Deposit Bonus will be automatically cancelled if a Client makes a withdrawal during or after the Next Time Deposit Bonus Period.
- 6.6 If a Client holds multiple accounts irrespective of the currency of the accounts, they will be eligible to receive the Next Time Deposit Bonus as long as the amount of the bonus credits received in total does not exceed the maximum during the Next Time Deposit Bonus Period.
- 6.7 If a Client registered an account and/or verified their details before the Next Time Deposit Bonus Period but made a deposit during the Next Deposit Bonus Period then they will be eligible to receive trading credits.
7. Any Time Deposit Bonus
- 7.1 The Any Time Deposit Bonus Promotion (hereinafter the “Any Time Deposit Bonus”), is available for Clients that make any deposit and it is applicable to all deposits and valid through a limited time period (hereinafter the “Any Time Deposit Bonus Period”) which is specified under the “Promotions” tab from time to time in the Company’s Website. The Company reserves the right to extend the period at its own discretion. All times are GMT+3.
- 7.2 The Any Time Deposit Bonus is offered at the discretion of the Company to any deposit amount and to a maximum specified under the “Promotions” tab in the Company’s Website from time to time to approved Clients of the Company. Clients that register and are approved after the Any Time Deposit Bonus expires will not be eligible for the bonus.
- 7.3 The Any Time Deposit Bonus will be credited to the Client’s Account as a Credit instantly and shall be available for trading purposes only.
- 7.4 The maximum bonus will apply per Client if he/she holds two accounts (“the maximum account limit”) in the same currency. If the Client holds multiple accounts in different currencies, then he/she is eligible to receive the maximum bonus in both accounts.
- 7.5 There is a total maximum bonus cap equal to $20,000 a user is entitled to receive in his lifetime as a client to the company.
8. General Bonus Terms and Conditions
- 8.1 Cent Account holders are not eligible for the No Deposit Bonus & ECN Trading Account holders are not eligible for any bonus promotions.
- 8.2 Transfers between the Company trading accounts are not considered as deposits for the purposes of any Bonus Promotion.
- 8.3 The Bonus is non-transferable between the Company trading accounts and cannot be withdrawn.
- 8.4 If multiple accounts under the same email or different email address but share the same IP address, will be considered as the same Client.
- 8.5 If the Company suspects that Clients registered accounts using different email addresses for the purpose of taking advantage of any promotion, will be considered as an abuse and violation of terms and conditions.
- 8.6 The Company reserves the right at its own discretion without any prior notice to cancel any Bonus and/or disable the client’s account/s if abuse of the promotion and its terms is suspected.
- 8.7 The Company reserves the right to refuse offering any type of Bonus at its sole discretion without the need to provide justification. The Company will not be liable for any stop outs or any other consequences that result out of a Bonus cancellation and/or removal.
- 8.8 The Bonus shall be removed if the terms and conditions of this Promotion are not met.
- 8.9 By participating in any bonus promotion, the client acknowledges that has read and agreed to be bound by these terms and conditions of the promotion together with the Company’s standard Customer Agreement and Operative Agreements as well as to all other Business terms and conditions.
- 8.10 In the event of any dispute in relation to any Promotion, such dispute shall be resolved by the Company acting in good faith and as, in its sole and absolute discretion, deems fit and proper. The Company ’s decision shall be final and binding.
- 8.11 The Company reserves the right, at its sole discretion and as it deems fit, to alter, amend, suspend, cancel or terminate any Promotion, or any aspect of the Promotion at any time and upon any reasonable cause. Under no circumstances shall the Company be liable, for any consequences of any alteration, amendment, suspension, cancelation or termination of this Promotion.
- 8.12 The Company reserves the right, at its absolute discretion, to deny, withhold or withdraw from a Client any Bonus and/or to terminate Client’s participation or access to the Promotion if a Client acts in bad faith or in a manner that the Company deems not to be in the spirit of the Promotion.
- 8.13 Notwithstanding the translated language of these T&C’s, the English wording shall be the binding version in the event of any discrepancy between the various languages.
- 8.14 Any Bonus is considered to be invalid if not utilized for 30 consecutive days and will be nullified.
9. Cashback Rebate
- 9.1 The Cashback Rebate(hereinafter the “Cashback Promotion”), is applicable to all financial products as specified in the Promotions tab and valid through a limited time period (hereinafter the “Cashback Promotion Period”) which will be specified under the “Promotions” tab from time to time in the Company’s Website. The Company reserves the right to extend the period at its own discretion. All times are GMT+3.
- 9.2 The Company has the right to withdraw without prior notice the Cashback Promotion earned by the Client if:
- 9.2.1 A breach of these Terms and Conditions occurs;
- 9.2.2 No trades take place during the period between deposits and withdrawals with at least 60 seconds between the opening and closing of the trades;
- 9.2.3 Upon expiration of the promotion, the trading terms are not satisfied;
- 9.2.4 The Company has reasonably grounds to believe a misuse of the Cashback Promotion;
- 9.2.5 The Client attempts to withdraw any part of the Cashback Promotion before satisfying the Trading Terms;
- 9.2.6 The Company has reasonable suspicion that the Client uses an expert advisor or other means to exploit prices and takes advantage of the Cashback Promotion;
- 9.2.7 The Client frequently opens and closes a position in less than 60 seconds taking advantage of the Cashback Promotion.
- 9.3 Clients can only benefit from one Cashback offer at a time.
- 9.4 The Company will not be liable for any margin call or losses that you may suffer, including but not limited to losses due to Stop-out Level, if the Cashback Promotion is withdrawn for any reason pursuant to the Terms and Conditions set out herein.
- 9.5 The Company reserves the right, as it in its sole discretion deems fit, to alter, amend, suspend, cancel or terminate the Cashback Promotion, or any aspect of the Cashback Promotion, at any time and without any prior notice. Under no circumstances shall the Company be liable for any consequences of any alteration, amendment, suspension, cancelation or termination of the Cashback Promotion.
- 9.6 Any indication or suspicion of fraud, manipulation, Cashback arbitrage, or other forms of deceitful or fraudulent activity in a Client’s account or multiple accounts with the Company or otherwise related or connected to the Cashback Promotion will nullify any and all transactions carried and/or profits or losses garnered therein. The Company reserves the right, at its sole discretion, to disqualify any individual that misuses or attempts to misuse the Cashback Promotion or breaches the present Terms and Conditions and/or any of the Company’s Business Terms and to cancel all orders and annul all profits of such Client. In these circumstances, the Company shall not be liable for any consequences of the Cashback Promotion cancelation.
- 9.7 In the event of any dispute or misinterpretation of the above applicable Terms and Conditions, such dispute or misinterpretation shall be resolved as the Company is acting in good faith and as it shall, in its sole and absolute discretion, deem fit and proper. The Company’s decision shall be final and binding.
- 9.8 By participating in the Cashback promotion, the Client acknowledges that has read and agreed to be bound by these terms and conditions of the Promotions together with the Company’s standard Customer Agreement and Operative Agreements as well as to all other Business terms and conditions.
- 9.9 Notwithstanding the translated language of these Terms and Conditions, the English wording shall be the binding version in the event of any discrepancy between the various languages.
