XL+ ACCOUNT – Special Terms and Conditions

  • You agree that by participating in this Promotion ("Promotion"), you will be bound by these terms and conditions ("Terms") together with Customer Agreement and Investment Services General Conditions, as well as to all other Business terms and conditions that apply to your trading accounts.
  • This Promotion shall start on 1st May 2020
  • This Promotion is valid for FXCC new and existing Clients who:
    • had read and accepted these terms and conditions
    • elect to opt-in to take part in the Promotion by expressly confirming their decision by submitting a request by email at accounts@fxcc.net
    • open and activate an XL+ account by making the minimum deposit by bank wire.
    • are not participating in any other promotion with FXCC.
  • The minimum deposit by a new Client under this promotion: $3,000 into Client’s XL+ account
  • The minimum deposit by an existing Client under this promotion to upgrade to XL+:
    • $1,000 (if existing Client’s funds are above $2,000); or
    • $2,000 (if existing client’s funds are between $1,000 - $2,000); or
    • $3,000 (if existing client’s funds are less than $1,000)
    • Withdrawal of available balance and re-sending it again will not be considered new funds.
  • All deposits to XL+ shall be in USD currency and made by bank wire.
  • Maximum Leverage of XL+ account is 1:200
  • Participants of this promotion can have only one XL+ account.
  • The interest rate is calculated based on the average of the daily equity of Client’s XL+ account for the calendar month. It should be clearly noted that interest rate are calculated and paid for only the equity in Client’s XL+ trading account available in the MT4 trading platform, any money available in the Client’s wallet(s) or other trading account(s) are not entitled for any interest payout.
  • Each day at approximately 23:59 MT4 Time, a snapshot is taken of the equity of Client’s XL+ account. This is added up and divided by the number of days in the calendar month
  • Every Client participating in this promotion is entitled for a Free Device (Phone or Tablet) as a gift from FXCC to help Client to stay connected provided that the Client meets the eligibility requirements as set out through the promotion terms and conditions.
  • Interest Rate varies based on the average daily equity in Client’s XL+ account and the accumulated traded volume for the preceding calendar month as below:
  • Average daily equity

    $3,000 - $10,000

    $10,000 - $20,000

    $20,000 - $50,000

    $50,000+

    Minimum trades per month

    25 lots

    50 lots

    100 lots

    200 lots

    Interest per annum

    10%

    15%

    20%

    24%

    Get Connected – A Free device gift

    Tablet*

    Phone*

    Phone*

    Phone*

    Device eligibility

    *in order to be fully eligible for the device, a Client has to trade regularly and meet the required minimum monthly trades for six months

  • Interest rate payout will be calculated within 5 working days of the new calendar month for the preceding month and will be credited directly into Client’s XL+ account as new balance operation.
  • Any indication of manipulation, abuse or other forms of deceitful or fraudulent activity in any Client’s XL+ account, or otherwise related or connected to an XL+ Account will disqualify the Client from all benefits offered under this Promotion.
  • FXCC reserves the right to change any XL+ Account to “Standard Account” at its sole discretion, without the need to provide any justification or explaining the reasons for such changes.
  • Any dispute, misinterpretation of the above applicable Terms and Conditions or situation arise and not covered by this Promotion’s Terms and Conditions, such disputes or misinterpretation will be resolved by FXCC in the 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.
  • FXCC reserved the right to refuse annual interest payout at its discretion without reasoning.
  • FXCC reserves the right, as it in its sole discretion deems fit, to alter, amend, extend, suspend, cancel or terminate the Promotion, or any aspect of the Promotion, at any time and without any prior notice. Under no circumstances shall FXCC be liable for any consequences of any alteration, amendment, suspension, cancelation or termination of the Promotion.
  • This promotion is organized and run by Central Clearing Ltd, Law Partners House, Kumul Highway, Port Vila, Vanuatu and available for Clients residing in non-European Jurisdictions.

    The monthly interest rate amount is calculated in accordance with the following formula:

    %, month = (average daily equity)* days * Interest rate/100/360, where

    Average equity: the average daily equity of client’s XL+ account for the preceding month;

    Interest rate – interest rate as specified in paragraph 11;

    360 – Number of days in a calendar year.

    days – Number of days in a calendar month.

    i.e. Each calendar month is taken into account with 30 interest days, and each year with 360 interest days.

  • Get Connected - Free Device Eligibility:

  • Client who Creates and activates an XL+ account is eligible to one free device (or the equivalent device price) as below:

    • Apple iPhone 11 or Samsung Galaxy S10+ (or equivalent amount $1,000)
      • XL+ Account with minimum deposit $10,000;
      • Choose the preferred brand by sending an email to accounts@fxcc.net
      • We’ll ship your desired mobile to your address;
      • Trade regularly for six months and meet the monthly minimum trades as set in paragraph 11
    • Apple iPad Air / Samsung Tablet S5 (or equivalent amount $500)
      • XL+ Account with minimum deposit $3,000;
      • Choose the preferred brand by sending an email to accounts@fxcc.net
      • We’ll ship your desired watch to your address;
      • Trade regularly for six months and meet the monthly minimum trades as set in paragraph 11
  • The device will be dispatched to your address within 5 days of your XL+ account activation and claiming the device.
  • The device will be delivered to the address you indicated during your account registration with FXCC
  • As soon as the device is delivered, you are responsible for tax payment and other compulsory payments set by your Government authorities.
  • Only XL+ accounts that fulfil the deposit and minimum monthly trades criteria will be fully eligible for the prize.
  • The Client can get only one device (or its equivalent price) during the promotion.
  • The Client is eligible to withdraw any profit made without any restrictions, however withdrawal of the initial amount deposited for activating the XL+ account (internal transfer from XL+ to wallet) will make the device eligibility is being cancelled as per the next paragraph.
  • If a Client is unable to adhere to the terms and conditions of the promotion (such as withdrawal of the initial deposit amount (i.e. making an internal transfer of the initial deposit amount from XL+ back to wallet) before meeting the trade requirements, or not meeting the monthly trading requirements or any other reason), FXCC shall, at its sole discretion, deduct the equivalent price of the device from Client’s available funds.
  • FXCC reserves the right at its sole discretion, to:
    • Decline Client’s participant in the promotion without the need to provide any justification or explaining the reasons for such a decline.
    • Disqualify any client that breaches the promotion Terms and/or any of FXCC terms and conditions.
    • Deposit the device equivalent price into the Client’s XL+ account instead of shipping the actual device to the Client’s address.
  • Any indication or suspicion, in FXCC’s reasonable discretion, of any form of abuse, fraud, or manipulation, will disqualify the client and become illegible for the device (refer to paragraph 26. Above).
  • FXCC reserves the right, as it in its sole discretion deems fit, to alter, amend, suspend, cancel or terminate the promotion, or any aspect of the promotion, at any time. FXCC is not obliged to warn you about changes in the promotion. The Client is obliged to comply with all the rules and conditions of the promotion, as well as monitor any changes.
  • Any dispute, misinterpretation of the above applicable Terms and Conditions or situation arise and not covered by this Offer Terms and Conditions, such disputes or misinterpretation will be resolved by FXCC in the 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.
  • Participation in the promotion means the fact of acquaintance and agreement with its terms and conditions.
  • This device under this promotion will be offered by Central Clearing Ltd, Law Partners House, Kumul Highway, Port Vila, Vanuatu and available for Clients residing in non-European Jurisdictions.

FXCC brand is an international brand that is authorized and regulated in various jurisdictions and is committed to offering you the best possible trading experience.

FX Central Clearing Ltd (www.fxcc.com/eu) is regulated by the Cyprus Securities and Exchange Commission (CySEC) with CIF license number 121/10.

Central Clearing Ltd (www.fxcc.com & www.fxcc.net) is registered under the International Company Act [CAP 222] of the Republic of Vanuatu with registration number 14576.

RISK WARNING: Trading in Forex and Contracts for Difference (CFDs), which are leveraged products, is highly speculative and involves substantial risk of loss. It is possible to lose all the initial capital invested. Therefore, Forex and CFDs may not be suitable for all investors. Only invest with money you can afford to lose. So please ensure that you fully understand the risks involved. Seek independent advice if necessary.

FXCC does not provide services for United States residents and/or citizens.

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