Activities Details

[Ultima Markets]Ultima IB Rewards Programme Campaign

The "Ultima IB Rewards Programme" Campaign (the "Campaign") is offered by Ultima Markets Ltd (Mauritius license No.GB 23201593) (here in "the Company or "Ultima Markets") to the Company's clients (here in "the Client" or "client").

This Campaign is valid from 14th February 2024 00:00 (GMT+8) to 14th February 2025 23:59 (GMT+8).

ELIGIBILITY CRITERIA

1. This campaign is open to new and existing IB clients of Ultima Markets. By participating in this Campaign,the client acknowledge that they have read and agreed to be bound by the Terms and Conditions herewith and Ultima Markets' General Terms and Conditions.

2. To become a new IB client of Ultima Markets,it is necessary to register with Ultima Markets via dedicated IB registration page,provide all relevant information upon request as part of "KYC" (Know Your Customer) process and create a Live Account.

3. To participate in this Campaign, the Client will be required to opt-in via dedicated Landing Page. Confirmation of opt-in are to be provided by the Client's dedicated sales representative.

4. The Campaign is applicable to of all types of Live Accounts.

5. The Campaign is not open to Ultima Markets' employees or their relatives.

CAMPAIGN MECHANICS

6. The Campaign will be separated into two different periods:

    a. Registration Period: 14th February 2024 00":00 (GMT+8) - February 2025 23:59(GMT+8)

    b. Trading Period: 14th February 2024 00":00 (GMT+8) - February 2026 23:59(GMT+8)

7. Referring to Clause 6.a, the Client will be granted with Trading Period up to 365 days or 1 year from the date of registration.

8. The aforementioned date is finalized as per the publication of this Terms and Conditions while subject to change by the Company's Prerogative.

9. To be entitled for the prize as stipulated in clause 10, the Client will be required to achieve the below mentioned criteria during the Trading Period:

    a.Minimum Net Deposit: The total amount of deposit minus total withdrawals during the trading period, in US Dollar (or equivalent amount in other currency per current exchange rate).

    b.Total Trading Lot: Accumulation of traded lot sizes from opening and closing trades within the trading period.

10. The prizes for the Campaign are as follows:

11. Upon achievement of requirement, redemption can be made by submitting the request to your dedicated sales representative.

12. The Campaign take account on trading positions that are opened for ALL groups of products that is offered by Ultima Markets unless stipulated otherwise at any point in time.

13. In terms of Campaign mechanics calculation, only trading orders with time interval of 5 minutes and above in between opening and closing are to be considered valid for the calculation of trading lot.

14. All open orders must be closed on the last day of Trading Period for final calculation of reward points. Any orders that are still open after the Trading Period will not be included in the calculation.

15. The Company reserves the right to determine, at its own discretion, whether certain trades, practices, strategies, or scenarios are in violation with the Campaign intended purpose that may lead to immediate cancellation of client's entitlement to the Campaign's reward without notice.

16. Clients are allowed to participate in other Campaign,Promotion and/or Offers  with this Campaign  such as 50%+21% Deposit Bonus 20%+10% Deposit Bonus and other trading credit promotions.

PRIZE REDEMPTION AND EXCLUSIONS

17. Following the submission of prize redemption,the Client will be required to maintain the prize's net deposit requirement for 90 days or 3 months. The Company reserves the right to cancel the eligibility of Client to the net deposit falls below the required amount within the maintenance period of 90 days or 3 months.

18. The Campaign prizes may subject to change based on factors but not limited to availability,logistics and cost fluctuations.

19. All prize redemptions are expected to delivered within 90 days or 3 months following the completion of the stipulated maintenance period in clause 17.All requests will be fulfilled based on the Company's adherence to the stipulated timeframe unless circumstances or factors that arise which may delay the delivery process.

20. Upon redemption,the Client's progress in terms of Prize requirement will reset to null.Existing balance and total trading lot within the account after submission of redemption will not be calculated in the next cycle of the Campaign.

21. All prizes would require the Client to claim in person unless otherwise being specified in advance while subject to its suitability and with discretion from both parties. If the Client were to opt for a postal delivery of the prize,the Company bears no responsibility on the safety and efficacy of the postal delivery service,cost incurred and/or accidents or damages the may arise.

22. In special circumstances,with discretion of both parties,the Client may nominate a designated representative for the collection of the prize.The representative will be required to present a written consent and authorization from the Client and a copy of identification card of both representative and the Client.

23. In addition, with discretion of both parties, the Client may choose to exchange the prize for an equivalent sum of cash(USD or equivalent amount of other currencies based on current exchange rate of the prize value). Likewise, the prize value as stipulated in this Terms and Conditions or other related marketing materials for this campaign will take its referencing from UK as of writing or production. The Company will not be liable for additional compensation if price changes occur.

24. The Company will be responsible for the fulfilment of the stipulated prizes as listed in this document only. Any other expense or costs associated with the prizes but not limited to configuration fees, legal fees, theft, insurance, maintenance and taxes will not be borne by the Company.

25. The Company reserves the right to withhold the prize if the Client failed to comply with any clauses as stated within the stipulated Terms and Conditions.

26. Any dispute and/or misrepresentation is made in relation to the stipulated terms, shall be resolved by the Company, acting in good faith and as it shall, in its sole and absolute discretion, be deemed fit and proper. The Company reserves the right to make final decisions in case of disputes, which shall be binding.

27. The Client agrees that Ultima Markets’ reserves the right to use all images, data or personal information for its own promotional and marketing purposes, including all social media posts unless it is explicitly specified by the Client not to do so in writing.

LIABILITY AND INDEMNITY

28. The Company will not be responsible for any loss,liability or damages arising out of the Campaign participation and any technical issues,including but not limited to server issues,poor internet connection,leading to not being able to participate the Campaign in a stable and good manner.

29. The Company will not be responsible for any loss,liability or damages arising from the usage of the prize following its delivery to our Client and thereafter.The Client is hereby forever waive, release and discharge the Company,our agencies, sponsors and representatives from and against,any and all liabilities, costs, loss, damages or expenses which the Client or any party claiming through the Client hereafter that may have arising out of the usage of the prizes whether directly or indirectly,consequential or foreseeable.

GENERAL TERMS AND CONDITIONS

The following conditions apply to all offers unless explicitly stated otherwise:

30. The Campaign cannot be used in conjunction with the Campaign Terms and Conditions.

31. All Ultima Markets' offers are only available following applicable law.

32. Ultima Market’s offers are not designed to alter or modify an individuals risk preference or encourage individuals to trade in a manner inconsistent with their trading strategies.

33. Client should ensure they manage their trading account in adherence to their tolerable risk level.

34. New Live Accounts are subject to approval as per Ultima Markets' account opening procedure.Individuals who apply for an account must check their local laws and regulations before applying for an account with Ultima Markets.

35. Clients referred by a PAMM/MAM or money manager are not eligible to participate in Ultima Markets Campaign,Promotion of Offers unless stipulated within the Campaign Terms an Conditions.

36. Ultima Markets reserves the right to prohibit clients from redeeming credit bonuses from promotions if your deposit is made via an e-wallet/cryptocurrency channel,including but not limited to USDT.

37. Clients are not allowed to use the credit bonus to hedge positions. Ultima Markets reserves the right to cancel a client's eligibility to participate in any credit bonus offers,remove partial/all credit bonus from their trading account,and partial/all profits generated by hedging positions without further notice.

38. Ultima Markets reserves the right to decline any application or indication to participate in any promotion at its sole discretion without providing any justification or explaining the reasons for such a decline.

39.Ultima Markets reserves the right to exclude and/or cancel a client's participation in its offers or promotions if:a) Churning (opening and closing of Margin FX or CFD transactions just for the benefit of earning a benefit);b) the client is found violating its Client Agreement of has breached the promotion's terms and conditions.In the event of such misconduct or breach,Ultima Markets shall have the right to deduct any bonus amounts from the trading account.

40. Ultima Markets may at any time make changes to these terms and conditions and will notify you of these changes by posting the modified terms on the Ultima Markets website. You are advised to revise these Terms regularly and by your continued use of Ultima Markets website and services that you accept any such modified terms. Ultima Markets reserves the right to modify or cancel any offers at its sole discretion at any time.

41. Ultima Markets may cease or discontinue any of its Campaign,Promotion and/or Offer at any time and at its sole discretion.

42.All Ultima Markets promotions only apply to valid Standard STP,Swap free STP,Raw ECN and Swap free ECN unless otherwise stipulated.

43. Ultima Markets will not be liable for any losses,costs,expense,or damages that a client may incur in connection with this offer and which by law not be excluded by these Terms.

44. If these terms and conditions are translated into a language other than English, the English version will take precedence if there is a difference between the two.

45. The provider of this Campaign,Promotion and/or Offer is Ultima Markets Ltd (Mauritius FSC license No.GB 23201593).

ADDITIONAL CAMPAIGN TERMS AND CONDITIONS

46. If your account is closed or suspended,Ultima Markets reserves the right to cancel the reward in your account,along with any profits made from this Campaign.

47. You must be over 18 years of age to register and apply for an account.

48. Ultima Markets may amend or discontinue the Campaign without prior notice to current or prospective applicants and compensation will be remunerated.

49. If Ultima Markets has reasonable grounds to suspect that you have abused or attempted to abuse this Campaign to the detriment of Ultima Markets,Ultima Markets may deny,cancel,or withdraw the Campaign,and either temporarily or permanently terminate your account and access to all services offered by Ultima Markets.This may also apply if you have breached the Client Agreement.

50. You have acknowledged and agreed that for an account to be established and accepted Ultima Markets, Ultima Markets is required to perform identification checks in accordance with the applicable anti-money laundering and countering the financing of terrorism laws and regulations. Ultima Markets may, at its sole discretion, reject an application if it does not satisfy the regulatory requirements