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£100 Bonus Additional Risk Disclosure


£100 Bonus Additional Risk Disclosure

  1. Customers should manage their trading account consistent with their trading comfort level. The Account Bonus is not designed to alter or modify customer's risk preference or encourage customers to trade in a manner inconsistent with the customer's investment strategies.
  2. Trading on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade Spread Bets, customers should carefully consider their investment objectives, level of experience, and risk appetite. It is possible to sustain a loss of some, all or more of an initial investment. Customers should not deviate from their typical trading preferences to satisfy the minimum trade requirement set forth in the Terms and Conditions below.
  3. Failure to comply with the Terms and Conditions will result in becoming ineligible for the £100 Account Bonus. However, ineligibility has no impact on an investor's ability to trade on GFT's trading platform and in no way exposes the trader to increased risk or market exposure.

£100 Terms & Conditions

  1. The Account Bonus is available to GFT direct business only.
  2. To be eligible for the £100 account bonus, the customer must open a Spread Betting account with a minimum of £1,500.
  3. The Spread Betting Account Bonus is not available for new accounts created with money transferred from an existing GFT account.
  4. Spread Betting Accounts that fall below £1,500 due to trading remain eligible for the £100 Account Bonus. However, Customers cannot make a withdrawal that would make the account fall below £1,500 within 60 days of opening the account.
  5. The customer must place a minimum of 20 round-turn lots, assuming 100,000 lot size for spot forex Spread Bets, or the equivalent volume for other forex Spread Bet lot sizes, and US $10,000 Notional Volume for non-forex Spread Bets within 60 days. For spread bets in foreign exchange, the units to calculate lots above are calculated as the stake multiplied by the contract price multiplied by the cross rate of the currency of the stake and the first named currency. For non-forex Spread Bets “Notional Volume” shall be calculated as the stake (converted to the contract currency) multiplied by the contract price divided by the Tick Factor. Tick Factors are as shown from time to time in the market information sheets at www.GFTUK.com.
  6. The £100 bonus will credited to the Spread Betting account 60 days after being opened as long as the all other terms and conditions have been met. All accounts must be opened between 21 June 2010 and 31 July 2010 to be eligible for the Account Bonus.

Full Disclaimer

**UK Tax laws may be subject to change, may depend on personal circumstances and can differ if you pay tax in any jurisdiction outside of the UK. It is therefore advisable to seek independent tax advice. It should be noted that conversely the losses that you may incur by way of financial spread betting can’t be offset against tax liabilities. Please note that spread betting, as contracts for differences, is legally enforceable as contracts within the UK. Unlike traditional fixed odds bets, spread betting trades are not simply "gentlemen's agreements."

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