Withdrawal Bonus Terms and Conditions
Terms & Conditions
Prior subscribing to withdrawal bonus, KOT traders are invited to read the Terms and Conditions listed below.
The withdrawal bonus is available to traders, redeemed during the withdrawal of funds from their KOT account.
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 traders upon withdrawal of funds by accepting this from the pop-up when doing a withdrawal from your account.
If the trader declines the promotion, they will not be eligible to obtain this promotion until their next withdrawal.
Traders will benefit from a withdrawal bonus of 20% with a ceiling of $5000 or equivalent in the withdrawal currency.
This bonus shall be transferred in the form of credit directly to the MT4 account 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 or equivalent in the account currency of the withdrawal bonus collected.
In the eventuality that any balance is extracted before the required number of lots to convert all credit to balance has been achieved, any residual reward amounts will be removed from the trader’s credit.
In the eventuality that the equity in the account is less than or equal to the credit in the account, all remaining credit will be removed from the account in question.
Withdrawal bonus can be withdrawn from the traders account once the bonus has been transferred from credit to balance as a result of sufficient trading volumes.
This promotion is only applicable in relation to the trading of forex pairs, metals and cryptos. All other Instruments are excluded.
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.