Terms & Conditions
Prior subscribing to deposit bonus and trading rebate promotions KOT traders are invited to read the Terms and Conditions listed below.
This deposit bonus and trading rebate promotion shall be valid for the timeframe between 01/10/2020 and 31/10/2020.
New and current KOT traders who are in possession of a live trading account can benefit from this promotion.
This reward can be redeemed by eligible KOT trader on deposits that have not been utilized for the purposes of another reward, promotion or campaign.
Every eligible KOT trader can benefit from this promotion only for one MT4 account.
Traders will benefit from a deposit bonus of 10% with a ceiling of $€£ 5000 per trader.
KOT traders will receive 10 % cash trading rebate on every standard lot traded with the value of 0.70$€£ for every standard lot.
This bonus shall be transferred in the form of credit directly to the MT4 accounts of participating KOT traders. Subsequently, this credit will be released once a trader completes a minimum level of trading.
To transfer a credit amount into the trading balance, KOT traders need to trade at least 1 standard lot per each $€£ 5 of the deposit bonus collected.
In the eventuality that the necessary number of lots has not been achieved, the account balance will be changed to $€£ 0. Moreover, if funds are extracted before the minimum necessary
amount of lots have been traded, any residual reward amounts will also be removed from the trader’s credit in the account.
In scenarios where the required number of lots has not been attained, KOT traders will be able to request a withdrawal of trading profits only if the account balance and the available margin are higher than or equal to the global deposit and reward amounts.
This promotion is only applicable in relation to the trading of forex pairs, metals and cryptos. CFDs will not be included in the calculation of the total trading volume.
Eligible KOT traders will be able to withdraw any part of the bonus only if the deposit bonus has been traded in its entirety.
In the eventuality that the minimum necessary number of lots has not been attained and a stop-out is experienced, all remain credit amounts will be removed from the account in question.
KOT retains the right to change these terms or terminate this promotion without prior notice.
KOT reserves the right to terminate participation in this promotion in scenarios where misuse or abuse are suspected.