5. For each referral made, the Participants may be eligible for a Cash Credit on to their trading account based upon the Referral’s basis the initial deposit and the achievement of the Trading Volume Requirement – which must be achieved during the first 90 days from an Account being successfully opened.

6. ADSS will monitor all referred accounts and will pay any Cash Credit payments due once 90 days have elapsed from successful account opening and basis the total trading volume achieved on the new Account. Cash Credit payments will not necessarily be credited immediately at the end of the 90 day period.

7. The Participants will no longer be eligible to receive a Cash Credit if, during the Promotional Period, a Cash Credit has already been successfully claimed and credited to their Account by ADSS.

8. Each Participant is restricted to one (1) Account. Any Referral that attempts to utilise or utilises more than one (1) Account will be immediately disqualified from the Promotion.

9. The Promotion cannot be combined with any other promotion offered by ADSS or any of its affiliates.

10. The Participants will be deemed to have read, received, understood and accepted all Terms by their participation in the Promotion.

11. ADSS reserves the right, at its sole and absolute discretion to:

i. determine breaches and/or instances of abuse of the Promotion;
ii. disqualify any individual that breaches the Terms, abuses or attempts to abuse, tampers or attempts to tamper with the Promotion;
iii. deny any Cash Credit for any breach, potential breach, abuse, potential abuse, tampering and/or potential tampering of the Promotion or otherwise;
iv. reject any Account or account application for any reason; and
v. alter, amend, suspend or terminate the Promotion, or any aspect of its Terms, at any time without prior notice.

12. ADSS will provide notification of such changes to the Promotion on the ADSS website. All the Participants will be immediately bound by such changes. Any dispute or situation not covered by the Terms will be resolved by ADSS in a manner ADSS deems to be the fairest to all concerned; that decision shall be final and binding on all parties.

13. If the Terms are translated into a language other than English, then the English version of the Terms shall prevail where there is an inconsistency.

14. The Promotion is:

i. non-transferrable and cannot be combined with any other promotion offered by ADSS or any of its affiliates;
ii. not intended for distribution to, or use by, any person or entity where such promotion would be prohibited or restricted by applicable law or regulation;
iii. void where prohibited or restricted by applicable law or regulation;
iv. not open to employees, affiliates, subsidiaries, officers, or agents of ADSS or any member of their immediate family or persons living in the same household.

15. The Participant agrees to hold harmless ADSS and its affiliates, shareholders, parent companies, subsidiaries, officers, employees and agents, from any and all liabilities for any loss, damage, costs and/or expenses of any kind, including legal fees, arising from or in connection with this Promotion and/or the Cash Credit.

16. These Terms supplement the ADSS Terms of Business (‘ToB’). In the event of dispute, the ToB shall prevail.

17. Defined terms:

  • Account’ means a New Customer opening either a live MetaTrader4 Standard trading account or OREX trading account with ADSS which has been approved by ADSS’ compliance team.
  • ADSS’ means ADSS Securities LLC. ‘
  • 'ADSS Customer’ means an existing customer of ADSS.
  • Cash Credit’ means a free, non-transferrable cash amount (in accordance with Table A) which is credited to the Account.
  • Referral’ means a customer of ADSS who: (i) does not have, or previously has had any Account with ADSS; (ii) is referred to ADSS by an ADSS Customer; and (iii) is accepted by ADSS.
  • New Customer’ means a customer without an existing relationship with ADSS or a trading account with ADSS on any trading platform
  • Notify’ means a Participant contacting ADSS by email: [email protected]
  • Participant’ means; (i) an ADSS Customer; and/or (ii) a Referral. 
  • Promotion’ means the rebate offer by ADSS where Participants may be eligible for a Cash Credit.
  • Terms’ means these terms and conditions (as amended from time to time).
  • Trading Requirements’ means notional volume, set out in Table A, to be achieved by the Referral.

Table A: Referral’s Trading Requirements

Initial  deposit Range

Trading Volume Requirements

Payout

$250 - $499

$1.0 Mln traded

$75

$500 - $1,999

$2.0 Mln traded

$150

$2,000- $4,999

$3.5 Mln traded

$250

$5,000- $9,999

$5.0 Mln traded

$400

$10,000 - $14,999

$8.0 Mln traded

$600

$15,000 - $19,999

$10.0 Mln traded

$800

$20,000 - $34,999

$13.0 Mln traded

$1,000

$35,000 - $49,999

$20.0 Mln traded

$1,500

>$50,000

$25.0 Mln traded

$2,000

 
Billion
Positions Opened
 
Thousand
Active Users
 
Trillion
Traded Value