BONUS POLICY
General Policy:
Gametech (Cyprus) Ltd offers a number of bonus programs to their new and loyal Nenx customers. These Bonus are valid for limited time periods and their
conditions can be subject to amendments without prior notice, by the sole discretion of Gametech (Cyprus) Ltd. Each offered Bonus has its own Conditions
clearly stated within the notification of each Bonus, and the Client who is offered any specific Bonus has the ability to accept or ignore any offered
Bonus. There is no obligation by a client to accept any offered Bonus, if he / she thinks that this is not up to his / her expectations or the conditions
imposed are thought to be imposing any restraint (i.e. wagering or time restraint) that he / she is not willing to accept. The Company reserves its right
when or to which Client it will be offering any type of Bonus, and is under no obligation to offer any specific Bonus to all its clients. The company
reserves its right to offer various types of Bonuses with varying levels of Wagering requirements from a minimum 10 times wagering to a maximum of 40 times
wagering, and the specific wagering requirement will be very clearly stated on each offered Bonus conditions. Furthermore, the company reserves its right
to adjust the minimum and maximum deposit amounts on each and every offered Bonus. The company will not be offering any Welcome Bonus to Clients before
conducting the appropriateness test.
Nenx clients could be offered any the following types of bonuses upon the sole discretion of the company:
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Registration and Account Activation bonus
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Deposit bonus
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Loyalty bonus
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Special Event bonus
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Any other type of Bonus the Company decides to name and offer from time to time
A random example of a standard Bonus conditions is as shown below:
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€10 bonus offer is valid for new non funded customers only.
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Enter code 'Gift10' in the Promo Code field when completing your registration.
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Your €10 bonus will be credited to your Nenx account upon successful account opening.
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At least one deposit of min €10 has to be made prior to the first withdrawal.
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Wagering requirements of 10 times the bonus amount Nenx apply prior to a withdrawal. By wagering we mean the requirement to trade binary options of 10
times the amount of the bonus plus the deposit amount. Example: (Total Deposit + Total Bonus x 10 = required turnover before a withdrawal)
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Only customers who directly receive an email / push / SMS notification Bonus Offer qualify for the offer.
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Min deposit amount €10; max bonus amount €200.
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Bonus is valid until midnight on XX/XX/2016 and if unused will expire thereafter.
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Bonus cannot be withdrawn.
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If a customer attempts to withdraw prior to meeting wagering turnover requirements, they will forfeit their bonus amount.
Bonus General Terms & Conditions:
1. Received bonus credits can immediately be used for trading.
2. Prerequisite for the disbursement of credits earned through bonuses is volume dependent on trading through the Gametech (Cyprus) Ltd Nenx App and web
platform. The following condition must be met:
Unless otherwise stated in the specific terms and conditions that apply to each type of bonus, the client agrees by accepting such terms to wager ten –
forty times the total amount of the bonus amount prior to a withdrawal, as specified on the exact conditions clearly stated on each Bonus offer.
For each granted bonus credit, transactions with a total value greater than or equal to 10-40 times the bonus value are required (The company will clearly
state the wagering requirement levels between 10-40 on the conditions of every Bonus offered at any specific time)
In the case that the total or partial amount of the deposit for which the bonus was granted is disbursed before the amount of 10-40 times wagering
requirements (as stated above) the bonus value is used for trading, the following conditions Apply:
- If trading losses have been incurred, all loss amounts are subtracted from the original deposit. The remaining amount is available for disbursement.
- If trading gains have been realized, these gained amounts will be cancelled and the original amount can be disbursed.
- All types of bonuses will be cancelled
- The bonus can be transferred to the user account of the Gametech (Cyprus) Ltd customer only if the required conditions are met.
- A welcome bonus will be granted only once per customer.
- Amounts used for trading by customers will first be taken from the credit established by a customer as a safety deposit. Bonus credits will be utilized
for trading only after the credit of a customer's safety deposit has been depleted.
- Disbursement of the customer's safety deposit credit from his Gametech (Cyprus) Ltd user account, before having met all the bonus conditions, will
result in the immediate cancellation of all bonus credits from the customer account.
- Any manipulation or other type of deception or any such attempt to manipulate or deceive the Company within the context of the provision of Gametech
(Cyprus) Ltd Nenx Bonus programs will result in the immediate closure of the Nenx user account and cancellation of the accumulated credit.
- A customer can only get one bonus with wagering requirements attached at any one time and is eligible to get another such bonus only once the previous
bonus wagering requirements have been fulfilled.
- All promotions, bonuses or special offers are subject to promotion−specific terms and conditions and any complimentary bonuses credited to customer’s
account must be used in adherence with such terms and conditions.
- The Company reserves the right to withdraw or amend any promotion, bonus or special offer at any time, including any terms and conditions.
BONUS POLICY -
Version 1.0 April 2016