1. The present Terms and Conditions (“Terms”) govern all actions in respect of the First Protected Positions Promotional Offer (“FPP Promotional Offer”), whereby eligible clients of 70Trades, a brand name of Securcap Securities Limited (the “Company”) will be granted with full protection on their first positions (“FPP”) as per the below terms.
2. By accepting and using the FPP Tool you unconditionally acknowledge that you have read, understood and intend to be legally bound by these Terms found on our website.
3. The FPP Tool is available to clients who meet the following criteria:
a. Are registering a new trading account with us;
b. Do not already have an existing account with us ;
c. Are funding their trading account with a minimum deposit of US$200 (US Dollar Two Hundred); and
d. Are eligible to become clients of 70Trades.
4. The Company will grand to the clients that meet the criteria of these Terms with the following number of FPP, according to the amount of the first deposit that the client funded to his trading account as per the table below:
|First Deposit Amount|
|Number of protected positions
|200 – 499.00 ||5|
|500.00 – 999.00||8|
|1,000.00 – 1,999.00||10|
|2,000.00 or above||15|
* NOTE: the currency will depend on the trading account currency.
8. The Company reserves the right, at its sole discretion, to grant the client with more FPP.
9. The FPP will be credited automatically to the client’s trading account once the client’s trading account registration is confirmed and upon the abovementioned criteria are met.
10. Any funds lost from the FPP will be credited back to the trading account. Any profits generated may be withdrawn by the client, as long as there are no open positions.
11. The leverage available for the FPP is maximum 1:20 accordingly.
12. While using the FPP Tool the following minimum and maximum base currency unit amount applies accordingly per symbol:
|Symbols||Min unit amount||Max unit amount|
|CL Future Contracts (Commodity)||5||50|
|NSDQ Future Contracts (Index)||0.1||0.5|
|Aurora Cannabis Inc (Stock)||10||100|