Terms and conditions

1.1.   Hantec Markets Limited, authorized and regulated by the Mauritius Financial Services Commission (FSC) under License Number C114013940 (hereafter referred to as “the Company” or “Hantec”), hereby offers the “CASHBACK DEPOSIT BONUS OFFER” (hereinafter referred to as the “CDBO”) to its Eligible Clients, subject exclusively to the terms and conditions set forth herein. This offer is made at Hantec’s absolute discretion.

2.1.    Subject to the Client Agreement and all other applicable business terms and policies, the CDBO is available to Hantec clients who meet the Eligibility Criteria specified below (hereinafter referred to as the “Eligible Clients” or “Eligible Client”). Participation is contingent upon the existence of a Client Agreement between Hantec and the Eligible Client.

2.2.    The promotion may be offered by Hantec from time to time to clients who open live trading accounts with Hantec, where a Client Agreement is in place between the Eligible Client and Hantec. These clients may be referred to Hantec via specific websites and/or social network sites in the context of certain specific promotions, and/or surveys that Hantec may be running from time to time on such specific websites and/or social network sites.

2.3.    Only individuals who are legally capable of forming binding contracts under the laws of their country of residence may participate in the promotion. Specifically, individuals under the age of 18, or the legal age of majority in their country of residence, are ineligible.

2.4.    The participation of Intermediaries/Related Parties is strictly prohibited. Hantec reserves the right at its sole discretion to disqualify any participant whose registration and/or trading data matches that of another participant, including, but not limited to, shared IP addresses. For the purposes hereof, the term “Intermediaries/Related Parties” when used in these Terms & Conditions, unless the context otherwise requires, shall mean to include any person or entity bearing a relationship with any participant in the promotion, including, without limitation:
a)    family members, such as brothers, sisters, spouses, ancestors, lineal descendants, and collateral descendants;
b)    person or entity, whom any participant in the promotion, directly or indirectly through one or more intermediaries, controls, or whom, directly or indirectly, through one or more intermediaries, is controlled by, or is under common control with any participant in the promotion; for purposes of this definition, the term control (including, with correlative meaning, the terms “controlled by” and “under common control with”), as used with respect to any participant in the promotion, shall mean the possession, directly or indirectly through one or more intermediaries, of the power to direct or cause the direction of management policies of such person or entity, whether through ownership of voting securities or otherwise.
c)    Similarly, persons associated in any manner whatsoever with Hantec and/or with the specific websites and/or social network sites on which Hantec may be running from time- to-time certain specific promotions, contests and/or surveys, in the context of which access to the promotion is offered, are not allowed to participate in the offer.

3.1.1.    To qualify for the CDBO, prospective clients must: 

3.1.1.1.    Hold an approved Global and/or Pro account types. Cent accounts are excluded from CDBO promotion.

3.1.1.2.    Opt-in and fulfill all conditions stipulated under the relevant campaign rules which are specified on the Opt-In Page via a pop-up message, which includes the minimum deposit amount required as per section 4 below and deposit timeline.

3.1.1.3.    Trading account balance at the time of deposit must be equal to or greater than zero (≥ 0).

3.1.1.4.    Eligible Clients may maintain only one trading account per client and per unique IP address for participation in the CDBO. Multiple registrations from the same or related IP addresses, or multiple accounts with the same personal details, are not permitted. The bonus is only available for one account per client. Hantec reserves the right to determine, at its sole discretion, whether these conditions have been met.

For the purpose of this document Opt-In Page shall mean, “Page where an existing client can opt-in for the CDBO campaign or new users can sign-up and opt-in for the CDBO campaign”.

4.1.    A deposit shall be considered valid for the purposes of CDBO only if it satisfies the following conditions:

4.1.1.    The deposit is made prior to the final deadline for clients to register or agree to take part in the campaign (hereinafter referred to as “Opt-In Expiry date”), which shall be displayed in the pop-up notification following the eligibility verification process.

4.1.2.    The deposit amount must exceed the prescribed minimum deposit threshold, as displayed in the pop-up notification upon completion of eligibility verification.

4.1.3.    The deposit must be allocated to a Global or Pro account type; deposits made into Cent accounts shall not be eligible for the CDBO.

5.1.    The Bonus shall be credited to the first trading account in which the client successfully executes a valid deposit (i.e., transfers funds from the client’s wallet to their trading account). 

5.2.    The Bonus will be credited in the same currency as the client’s deposit account.

5.3.    The Bonus cannot be used for the PAMMs accounts (both for investors and the asset manager).

5.4.    Any partial withdrawal of deposit after the Bonus has been credited shall result in a proportional deduction from the Bonus amount (the “Partial Withdrawal Rule”). Withdrawal of profits will not be subject to  this Clause.

For the purposes of these terms and conditions, ‘withdrawal’ refers to the transfer of funds from the trading account that received the Bonus to the Client’s wallet

5.5.    In the event that a client’s equity balance falls to or below the available Bonus amount, the Bonus shall be automatically removed, which may result in a stop-out and/or the liquidation of open positions.

5.6.    Upon reaching the promotion expiration date, the Bonus shall be automatically removed from the trading account.

6.1.    Subject to eligibility verification and the conditions outlined in the relevant campaign, the client may qualify for Cashbacks transfer to balance upon achieving the specified trading target.

6.2.    For the purpose of these Terms and Conditions, the cashback will be calculated based only on trades executed in FX Pairs, Gold Pairs, Silver Pairs, Oil pairs and Indices, whereby 1 traded Lot in FX pairs, Gold pairs, or Silver pairs will be accounted as 1 Lot for Cashback purposes, and 1 traded Lot in Indices and Oil will be accounted as 0.1 Lot for cashback purposes. Trades in any other instruments shall not be eligible for Cashback.

6.3.    The Cashbacks shall be paid in USD (as specified on the Opt-In Page via a pop-up message) or in its equivalent as per the prevailing exchange market rate.

6.4.    Any withdrawal from the Cashback earned shall not be subject to the Partial Withdrawal Rule specified in clause 5.2.

7.1.    It may take up to 24 hours for the Bonus to be credited to an Eligible Client’s account after meeting the specified criteria.

7.2.    Any trading account deemed inactive (no trading activity for a period over 90 days) will have the Bonus removed. 

7.3.    The Bonus cannot be separately transferred between, or from, Eligible Clients’ real trading accounts with Hantec. 

7.4.    Hantec reserves the right, at its reasonable and sole discretion: 
•    to decline registration of any participant in the CDBO; and
•    to disqualify and remove any relevant trading activity from any participant in the CDBO who tampers or attempts to tamper with the operation of the CDBO, or breaches these terms, the Client Agreement and/or any of the Hantec terms and policies set forth on in this document. 

7.5.    Under no circumstances shall Hantec be liable for any consequences of any order cancelation or decline, including, but not limited to, any closure order by stop out. 

7.6.    Hantec reserves the right, at its reasonable discretion, to discontinue the offering of this CDBO to any of its clients, without having to explain the reasons. 

7.7.    Clients can opt out from the CDBO by contacting Hantec on [email protected] . The relevant department will process your request and inform you accordingly. 

7.8.    Hantec reserves the right to modify, amend or terminate the CDBO or any aspect of it at any time. Prior notice of such changes will be given to clients and Hantec will post any such changes on its website. It is recommended that participants in the CDBO consult these Terms & Conditions on Hantec’s website regularly. Please note that taking part in the CDBO constitutes acceptance and agreement to abide by any such alterations, amendments and/or changes. 

7.9.    By participating in this promotion, participants will be deemed to have accepted all the Terms & Conditions and disclaimers and hold harmless Hantec Markets, their respective parent companies, shareholders, subsidiaries, affiliates, managers, officers, employees, and agents, from any and all liability for any injuries, loss, damage, fines, penalties, actions, judgement, settlement, claims, demands, costs, and expenses of any kind, including legal fees, arising from or in connection with this competition or use of the prizes won or by reason of or related or incidental to any act, default or omission and/or any breach of representation and warranty set forth herein by you under these Terms and Conditions. 

7.10.    Any indication or suspicion, in Hantec’s sole discretion, of any form of arbitrage (including but not limited to risk free profiting), abuse (including but not limited to participant’s trading activity patterns that indicate that the participant solely aims to benefit financially from the Bonus without being genuinely interested in trading in the markets and/or taking market risk), fraud, manipulation, cash-back arbitrage connected to this promotion or any other forms of deceitful or fraudulent activity, will nullify all previously credited bonuses of the Eligible Client’s real trading accounts with Hantec and/or any and all transactions carried and/or profits or losses garnered therein. In these circumstances, Hantec reserves the right, at its sole discretion to close/suspend (either temporarily or permanently) all such Eligible Client’s real trading account(s) with Hantec, cancel all orders and annul all profits of such participant. In these circumstances, Hantec shall not be liable for any consequences of the trading credit cancelation, including, but not limited to, order(s) closure by stop out. 

7.11.    In case of discrepancy between English and non-English texts with regards to the interpretation of these terms and conditions or the scope of their application, the English text shall prevail.

8.1.    Trading on margin carries a high level of risk and is not suitable for all investors. The high degree of leverage can amplify both profits and losses. Investors should be fully aware of the risks involved and consider their investment objectives and level of experience before trading. It is advisable to seek independent financial advice if in doubt.