Terms and Conditions of IB Contest

  • Uniglobe Markets presents its largest-ever IB (Introducing Broker) contest running from August 1st, 2023, to December 31st, 2023.
  • ** All the prizes will be distributed in the second week of January, 2024
  • Total Prize amount will 50K USD and will be distributed as mentioned below:
    • 1st Prize 25K USD or CAR,
    • 2nd Prize 10K USD or Bike,
    • 3rd Prize 5K USD cash,
    • 4th Prize 3K USD cash,
    • 5th Prize 2K USD cash,
    • 6th to 15th 500 USD Each cash.
  • Prizes will be awarded based on rankings, and same will be updated on the contest page on Monthly Basis.
  • Ranking depends upon the prize coins earned by IB as per below calculations,
    • Client’s First Deposit = 1 Prize coin.
    • For every $100 USD deposit = 1 Coin (e.g., $300 deposit = 3 Prize Coins)
    • Additional 1 coin earned for deposits of $500+ (e.g., $800 deposit = 8+1 Prize coins).
    • Additional 3 coins earned for deposits of $1,000+ (e.g., $1,200 deposit = 12+3 Prize coins).
    • Additional 5 coins earned for deposits of $2,000+ (e.g., $2,500 deposit = 25+5 Prize coins).
    • Additional 7 coins earned for deposits of $3,000+ (e.g., $3,600 deposit = 36+7 Prize coins).
    • Additional 10 coins earned for deposits of $4,000+ (e.g., $4,500 deposit = 45+10 Prize coins).
    • Additional 15 coins earned for deposits of $5,000+ (e.g., $5,500 deposit = 55+15 Prize coins).
    • For every 1 traded lot by each IB client, the IB will get = 1 Prize Coin
    • Note, Initial amount withdrawal within the contest period the offered coins on that amount of IB will be cancelled.
  • The Introducing broker contest is subject to the terms and conditions contained in the present document and subject to all existing Uniglobe Markets’ terms and conditions.
  • By registering, opening a partner account, and or accepting the terms and conditions the agent is acknowledging that they have read, understood and agreed to be bound by the terms and conditions of this Offer
  • This Offer is eligible to the existing and new Introducing broker of Uniglobe Markets who refer their clients to deposit or redeposit into live accounts which are linked under their agent’s account, and who trade with any instrument Offered by Uniglobe Markets excluding all Indices.
  • This Offer is limited to one (1) account per Introducer broker, regardless of the numbers of accounts held by the agent
  • Positions open for less than three minutes are not eligible to avail this offer.
  • This Offer cannot be combined with any other Bonus or cash-back based on trading volume which Uniglobe Markets may offer.
  • If Uniglobe Markets suspects or has reason to believe that an agent or agent’s client has abused or attempted to abuse the terms of this Offer or any other Offer presented by Uniglobe Markets, or has acted in bad faith, Uniglobe Markets reserves the right, at its sole discretion, to deny, withhold, withdraw or terminate from that agent the Offer and, if necessary:
    • to withhold, cancel and subtract from that agent’s account(s),
    • to terminate that agent’s access to services provided by Uniglobe Markets and/or terminate the contract between Uniglobe Markets and the agents for the provision of services.
    • to block that agent’s Account(s) (however, save it where otherwise required by a relevant authority) and to arrange for the transfer of any unused balance, less the Offer amount as well as any profits which the Company deems to have been gained via Abusive Behaviour, to the agent. Where Abusive Behaviour includes but is not limited to:
  • Where the agent, by himself or acting with others (including an Introducing Broker/ client/ Affiliate/ Money Manager) hedges his positions, including without limitation, holding open position(s) in one direction, including by way of illustration only, single or correlated currencies, at given periods, internally (using other trading accounts held with Uniglobe Markets) or externally (using other trading accounts held with other brokers).
  • It is important that Eligible agents are aware that their risks are not limited to their deposit(s) and that by making a qualifying trade it is possible to lose more than their deposit. In some circumstances, losses may be considerably more than any initial or minimum deposit.
  • Uniglobe Markets reserves the right, at its sole discretion, to alter, amend or terminate the Offer, or any aspect of it, at any time and without prior notice.
  • The English version of this document shall supersede, in the incidence of any discrepancy in the terms of this Offer, once translated into other languages.