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Referral programme terms and conditions

This document sets out the Terms applicable to the Promotion.

The Promotion is available to ADSS Customers who makes one or referral of new clients to ADSS.

The Referred client may opt-in to the Promotion by submitting their application using the personalised account opening link, generated by the existing ADSS Customer from within their Client Portal.

You cannot refer yourself and an ADSS Customer can only be referred once.

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

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

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.

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

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

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

ADSS reserves the right, at its sole and/or instances of abuse of the Promotion; and individual that breaches the Terms, abuses or attempts to abuse, tampers or attempts to tamper with the Promotion; and Cash Credit for any breach, potential breach, abuse, potential abuse, tampering and/or potential tampering of the Promotion or otherwise; any Account or account application for any reason; and amend, suspend or terminate the Promotion, or any aspect of its Terms, at any time without prior notice.

ADSS will provide 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.

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.

 

The Promotion is:


Non- and cannot be combined with any other promotion offered by ADSS or any of its affiliates;


Intended for distribution to, or use by, any person or entity where such promotion would be prohibited or restricted by applicable law or regulation;


Where prohibited or restricted by applicable law or regulation;


Open to employees, affiliates, subsidiaries, officers, or agents of ADSS or any member of their immediate family or persons living in the same household.

 

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.

These Terms supplement the ADSS Terms of Business (‘ToB’).

 

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 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 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

Deposit Range Trading Volume Requirements Pay out
$250 – $499 $1 million traded $150
$500 – $1,999 $2 million traded $250
$2,000- $4,999 $3.5 million traded $400
$5,000- $9,999 $5 million traded $600
$10,000 – $14,999 $8 million traded $800
$15,000 – $19,999 $10 million traded $1,000
$20,000 – $34,999 $13 million traded $1,500
$35,000 – $49,999 $20 million traded $2,000
$50,000 – $99,999 $25 million traded $2,000
$100,000 – $199,999 $50 million traded $3,000
>$200,000 $75 million traded $5,000

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Investing in CFDs involves a high degree of risk that you will lose your money due to the use of leverage, particularly in fast moving markets, where a relatively small movement in the price can lead to a proportionately larger movement in the value of your investment. This can result in loses that exceed the funds in your account. You should consider whether you understand how CFDs work and you should seek independent advice if necessary.

ADS Securities LLC (“ADSS”) is authorised and regulated by the Securities and Commodities Authority (“SCA”) in the United Arab Emirates as a trading broker for Over the Counter (“OTC”) Derivatives contracts and foreign exchange spot markets. ADSS is a limited liability company incorporated under United Arab Emirates law. The company is registered with the Department of Economic Development of Abu Dhabi (No. 1190047) and has its principal place of business at 8th Floor, CI Tower, Corniche Road, P.O. Box 93894, Abu Dhabi, United Arab Emirates.

The information presented is not directed at residents of any particular country outside the United Arab Emirates and is not intended for distribution to, or use by, any person in any country where the distribution or use is contrary to local law or regulation.

ADSS is an execution only service provider and does not provide advice. ADSS may publish general market commentary from time to time. Where it does, the material published does not constitute advice, or a solicitation, or a recommendation to a transaction in any financial instrument. ADSS accepts no responsibility for any use of the content presented and any consequences of that use. No representation or warranty is given as to the completeness of this information. Anyone acting on the information provided does so at their own risk.