YWO (CM) Ltd · Legal
Bonus Program – No Deposit Bonus
This No Deposit Bonus Program (the “Program”) is offered by YWO (CM) Ltd (the “Company”) to eligible Clients, subject to these terms, the Client Bonus Policy and the Client Agreement.
By participating in this Bonus Program, each client (the "Client") confirms acceptance of the Client Bonus Policy, which forms an integral part of the Company’s Client Agreement, Terms of Business, and other applicable legal documents. If there is any conflict between these Program-specific terms and the general Client Bonus Policy in relation to the mechanics of this Program, these Program-specific terms shall apply. All other provisions of the Client Bonus Policy remain in full force and effect.
BONUS DETAILS
- Bonus Amount: Eligible Clients will receive USD 100 in non-withdrawable trading credit (the "Bonus").
- No Deposit Required: No initial or minimum deposit is required to participate in the Program.
- Availability: The Program is available only to new Clients residing in Syria, Oman, Kenya, Jordan and South Africa.
- Client Limit: The Program is limited to the first 1,000 eligible Clients accepted by the Company.
- Validity Period: The Bonus trading account will remain available for 14 calendar days from the date the Bonus is credited. After expiry of this period, the Bonus account will be disabled.
- Bonus Usage: The Bonus may be used solely as trading credit for the purpose of opening and maintaining eligible trades. The Bonus itself cannot be withdrawn, transferred, redeemed for cash, or otherwise converted into a cash balance.
ELIGIBILITY CRITERIA
To qualify for this Bonus, the following conditions must be met:
- The Client must be a new verified Client of the Company;
- The Client must be a resident of Syria, Oman, Kenya, Jordan and South Africa;
- The Client must successfully complete the Company’s KYC verification process and be approved in accordance with the Company’s AML/CFT requirements;
- The Client must provide a valid, accurate and active telephone number registered to or legitimately used by them. The Company reserves the right to contact the Client by telephone or other approved communication channels at any time during the Program to verify their identity, contact details, eligibility and compliance with these Terms and Conditions. The Client must reasonably cooperate with such verification requests. Failure to provide valid contact information, respond to reasonable verification requests within the timeframe specified by the Company, or successfully complete the required verification may result in the withholding or cancellation of the Bonus, suspension of participation, or rejection of withdrawal requests until verification is satisfactorily completed;
- The Client must be at least 18 years old and satisfy the Company’s applicable client acceptance, sanctions-screening and jurisdictional requirements. Residence in an eligible country does not guarantee acceptance. The Company may decline participation where providing the Program or related services would breach applicable law, sanctions or the Company’s client acceptance policy;
- Participation is limited to the first 1,000 eligible Clients whose verification is completed and whose participation is approved by the Company, as recorded in the Company’s systems;
- The Client must not have previously held or operated another account with the Company, whether under the same or different registration details;
- A new Client may open and maintain a standard trading account with the Company while simultaneously participating in the Program through a separate Bonus account;
- The Program is limited to one (1) eligible Client per household. Where two or more family members reside at the same residential address, only one (1) family member may participate in the Program and receive the Bonus, regardless of whether they maintain separate trading accounts with the Company;
- The Client must comply with these terms, the Client Bonus Policy and all other applicable Company terms; and
- No deposit is required to qualify for or activate the Bonus.
The Company reserves the sole right to determine eligibility, and may retrospectively deny the Bonus where fraud, abuse, circumvention, duplicate registration, manipulation or other prohibited conduct is identified or reasonably suspected.
BONUS TERMS AND CONDITIONS
1. Bonus Amount: Each eligible Client will receive USD 100 in non-withdrawable trading credit.
2. Trading Requirements: The Bonus itself is non-withdrawable. To become eligible to withdraw profits generated through the Bonus account, the Client must complete at least one of the following trading volume requirements during the 14-day Program period:
- 3 standard lots in Metals; or
- 6 standard lots in FX.
The Client must complete either requirement in full; FX and Metals volumes cannot be combined. Volume is calculated from the aggregate closed volume of qualifying trades, including qualifying partial closures, without counting the opening and closing of the same volume twice. Standard-lot sizes are those specified in the Company’s contract specifications for each eligible instrument. Trades in other asset classes do not count towards these requirements.
Only valid, closed trades executed in accordance with the Company’s Client Agreement and trading conditions will count towards the required trading volume.
Trades identified as abusive, artificial, coordinated, hedged, offsetting, arbitrage-based or otherwise intended primarily to exploit the Program will not count towards the trading requirement.
3. Stop Out Level: Accounts participating in this Program are subject to a 50% Stop-Out level.
4. Bonus Withdrawal: Eligible profits mean the positive net realised trading result generated in the designated Bonus account during the Program period, after deducting trading losses, commissions, swaps and other applicable trading charges, and excluding the Bonus itself.
Following completion of the applicable trading requirement, the Client may request a single withdrawal of eligible profits of at least USD 50, subject to a maximum aggregate payment of USD 100 per Client under the Program. Where eligible profits exceed USD 100, the excess is not payable and will be removed upon settlement.
Withdrawal requests must be submitted within 14 calendar days after the Program expires. Requests submitted within that period remain eligible for processing after the deadline, subject to verification and applicable compliance checks. No deposit or additional trading is required to release eligible profits.
Completion of the trading requirement after the expiry of the 14-day period will not be accepted.
5. Bonus Removal:
- If the trading account balance becomes negative and there are no open positions, the Bonus will be removed. The account will be reset to zero (0) and negative balance compensation will be applied.
- All Bonuses will be removed if the account becomes dormant under Company’s Client Agreement.
- The designated Bonus account cannot receive Client deposits or transfers from other trading accounts. Any subsequent funded trading must take place through a separate account and is not a condition of receiving a Program payout.
APPLICATION PROCEDURES
Automatic Application: The Bonus will be applied to an eligible Client’s designated Bonus trading account following successful registration, KYC verification and confirmation of eligibility.
No deposit or payment from the Client is required for the Bonus to be credited.
Participation remains subject to availability and the maximum limit of 1,000 eligible Clients.
Manual Application: If necessary, the Bonus may be manually applied by the Company’s Business Development or Support Manager upon request.
ABUSE PREVENTION AND PROHIBITED CONDUCT
The following practices are strictly prohibited and will result in disqualification from the Program and potential account sanctions:
- Creation of duplicate or linked accounts to receive multiple Bonuses;
- Coordinated hedging, mirroring, or offsetting positions across accounts;
- Latency arbitrage, price manipulation, or use of automated systems to extract risk-free gains;
- Attempting to obtain multiple Bonuses through registrations by different family members residing within the same household, contrary to the Program's one (1) Bonus per household restriction;
- Providing false, inaccurate or misleading contact information, using unauthorised third-party telephone numbers, or deliberately attempting to circumvent the Company's identity or eligibility verification procedures;
- Misrepresentation, identity fraud, or the use of multiple registrations to obtain more than one Bonus.
- The use of shared IP addresses, devices, or other linked identifiers by multiple Clients participating in the No Deposit Bonus Program is strictly prohibited. The Company reserves the right to reject or cancel Bonus eligibility, remove promotional credit and associated profits, and reject related withdrawal requests where such connections are identified, in accordance with the Program's Terms and Conditions.
Where prohibited behavior is detected, the Company may:
- Where the Company has reasonable grounds to suspect prohibited conduct, it may temporarily suspend Program participation or payout processing while investigating. Where the Company determines, on documented reasonable grounds, that prohibited conduct occurred, it may remove the Bonus, exclude affected trades and cancel profits attributable to that conduct. Any restriction or closure of other accounts remains subject to the Client Agreement and applicable law. The Client may submit a complaint through the Company’s complaints procedure.
- Suspend or permanently close the Client’s trading account;
- Report the conduct to regulatory or legal authorities, where applicable.
RISK WARNING AND DISCLAIMERS
- The Bonus does not constitute investment advice, portfolio management, or a guarantee of profit;
- CFDs are complex instruments and involve a high risk of loss due to leverage. The Bonus may be lost in full, and participation does not guarantee profits or a payout. Clients should not trade solely to meet the volume requirement. No Client deposit is required to participate.
- Clients should carefully consider their financial situation, experience level, and risk tolerance before participating;
- The Bonus may increase exposure to market risk, and the Company assumes no responsibility for losses arising from its use.
LEGAL DISCLAIMERS AND LIMITATION OF LIABILITY
Participation in the Bonus Program involves significant trading risk. The use of trading credit increases exposure and the possibility of financial loss. Clients are urged to carefully assess their financial situation and risk tolerance. The Company provides no guarantees regarding performance, and the Bonus must not be interpreted as investment advice. The Company disclaims liability for any losses, including indirect, incidental, or consequential damages, loss of profit or opportunity, or technical delays associated with Bonus use.
The Company may amend, suspend or discontinue the Program for new participants. Material changes will be communicated to affected Clients and will not retrospectively reduce accrued payout entitlements, except where necessary to comply with applicable law or address established prohibited conduct. Nothing in these terms excludes liability that cannot lawfully be excluded or restricts the Client’s right to use the Company’s complaints procedure or pursue available legal remedies.
GOVERNING LAW AND JURISDICTION
This Program shall be governed by and interpreted in accordance with the laws of the Company’s jurisdiction of incorporation. Any disputes arising out of or in connection with the Bonus program shall be subject to the exclusive jurisdiction of the courts of the Company’s jurisdiction.
