Account Opening Bonus - Terms & Conditions 中/EN
To qualify for the account opening bonus, your 30 day net deposit must be equal to or greater and $10,000 and your 30 day notional trading volume must be equal to or greater than US $10,00,000. When you open your account and your meet both conditions outlined in the table above, you will be entitled to the account opening bonus.
When does the 30 day period start?
The qualifying period will be 30 calendar days from the day your initial deposit is received and your account is funded and opened. For example, if your account was funded and opened on August 1st, the 30 day period will be up to August 31st.
What is Net Deposit?
Net deposit includes total deposits less total withdrawals during the 30 day period.
What is Notional Trading Volume?
If the option is on a futures contract, the seller will acquire a position in a future with associated liabilities for margin (see the section on Futures Contracts above). If the option is ‘covered’ by the seller holding a corresponding position in the underlying interest or a futures contract or another option, the risk may be reduced. If the option is not covered, the risk of loss can be unlimited.
Conditions
The Account Opening Bonus is only available to new clients who have not previously opened and made a deposit into an account.
New clients who open multiple accounts concurrently, are not eligible for multiple Account Opening Bonuses. The 30 day net deposit and 30 day notional trading volume will be combined to determine the client qualifies for the Account Opening Bonus.
Account Opening Bonuses will only be credited to clients who meet both conditions as outlined in the table above. Clients who fail to meet both conditions will not be eligible for the account opening bonus.
OTT Financial Canada Inc. retains the right to cancel or amend the Account Opening Bonus at anytime, at its sole discretion and without notice.
OTT Financial Canada Inc. retains the right at its sole discretion to deduct Bonuses that have been credited if it believes the Client has abused any of its offers or breached the Client Agreement .
Although, OTT Financial Canada Inc. will make every attempt to credit the Account Opening Bonus to client accounts within 15 business days after the 30 day period, there may be occasions where it takes longer to process the credit. OTT Financial Canada Inc. will not be liable for any such delay or for any loss caused by such a delay.
All accounts are subject to the terms and conditions of the Client Agreement.
OTT Financial Canada Inc. (“OTT” or “OTTFX”) is a Canadian discount broker specializing in order-execution only services in over-the-counter derivatives; including currencies, commodities, and indices (also known as “Contracts-for-Difference” or “CFDs”). OTT is registered with securities regulators in Ontario and British Columbia. We are a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF). OTT and does not provide investment advice or recommendations regarding the purchase or sale of any CFD. OTT is compensated through the bid-ask spread; commission and rollover costs may also apply subject to account pricing, product traded and holding period.