You are on page 1of 4

DMM FX Australia Pty Limited

Australian Financial Services Licence No. 437734


ACN 160 659 290

DMM FX 30 CREDIT WELCOME BONUS CAMPAIGN TERMS AND CONDITIONS


These terms are effective on and from 9 May 2015 and updated on 28 November 2015.
1.

By opening a new account with DMM FX Australia Pty Ltd (DMM FX) under this offer, the client
acknowledges they have read and agreed to be bound by these terms and conditions (Terms)
and DMM FXs Account Terms.

2.

To be eligible you must be a genuine new client of DMM FX that opens a new live account
(meaning, not a demo account) via the relevant banner on the Companys website
www.dmmfx.com.au or any other link(s) as specified by the Company between 9 May 2015
and 31 January 2016, inclusive (unless the offer is closed earlier) and satisfy the other criteria
contained in these Terms.

3.

You must be over 18 years of age to register to apply for an account.

4.

Only transactions in FX Contracts apply to this offer. Trading during news release will not be
permitted under this offer. DMM FX reserves the right to deny, cancel or withdraw the offer if
DMM FX suspects a client has breached these Terms.

5.

DMM FX reserves all rights in the interpretation of these terms and conditions.

6.

This offer cannot be used in conjunction with any other offer.

7.

Only accounts with leverage 1:1, 1:2, 1:5, 1:10, 1:25, 1:50, 1:100 and 1:200 are eligible for
this offer. If client request to change leverage on their account to a leverage higher than 1:200
during this offer, DMM FX will deny, cancel or withdraw the offer from the clients account.

8.

For the purpose of this offer, a new client will be regarded as an applicant or a close affiliate
of an applicant who has never registered to apply for a live account with DMM FX and is
accepted as a client by DMM FX. DMM FX will in its sole discretion determine whether an
applicant is a genuine new client by assessing (including among other things, assessing the IP
address of the applicant and the close affiliate) whether the applicant is associated or affiliated
with any other existing account holder with DMM FX, including those with previously closed
accounts.

DMM FX in its sole discretion may assess any affiliation, having regard to (among

other things) the intention of the offer and any information we request that you provide to us.
9.

Each applicant is only permitted to participate in the offer once. The 30 Credit Welcome Bonus
cannot be
(i) transferred to any other person; (ii) transferred to another account holder or account; or
(iii) exchanged for other financial services provided by DMM FX.

DMM FX 30 Credit Welcome Bonus Campaign Terms and Conditions Version 3.2_ 28 November 2015

10. 30 Credit means:


a. AUD30 worth of credit if your Account is denominated in Australian dollars;
b. USD25 worth of credit if your Account is denominated in US dollars;
c.

20 worth of credit if your Account is denominated in British pounds;

d. NZD30 worth of credit if your Account is denominated in New Zealand dollars;


e. 25 worth of credit if your Account is denominated in Euros.
f.

JYP2,500 worth of credit if your Account is denominated in Japanese Yen.

11. The applicant acknowledges and agrees that for an account to be established and accepted by
DMM FX, DMM FX is required to perform identification checks in accordance with anti-money
laundering and counter-terrorism financing laws and regulations (AML/CTF Laws). DMM FX
may, in its sole discretion, choose to reject an application if it is not satisfied as to the applicants
identity or if it suspects on reasonable grounds that by accepting an application, DMM FX may
breach the AML/CTF Laws.
12. To qualify for the 30 Credit Welcome Bonus you must:
a. properly complete an application to become a client of DMM FX
(Note: you must provide your primary active mobile telephone number in the
application);
b. be successful in that application by last day of this offer and;
c.

Successfully complete the SMS Verification Process.

13. The 30 Credit Welcome Bonus will be credited to your FX Account in the Accounts denominated
currency as elected by you on Account establishment by the next business day after you
successfully complete all steps listed in clause 12.
14. Once the 30 Credit Welcome Bonus has been credited to your Account, you may use the
credited amount as excess margin to begin trading.
15. On the day which is seven (7) calendar days after the date 30 Credit Welcome Bonus has been
credited to your FX Account, the 30 Credit Welcome Bonus will expire. Expiry in this clause
means that:
a. if you have not used the 30 Credit for any transactions on your Account during this
period, the 30 Credit will be reset to zero; or
b. your losses that are attributable to your trading with the 30 Credit will be reset to zero.
For example, if your Account balance is $30 when you start trading then, as a result of
your trading, your Account balance falls to $20, the loss of $10 and Account balance
of $20 will be reset to $0. Any losses that exceed the 30 Credit to put your Account
balance in debit may be recovered from you by DMM FX; or
c.

if your overall Account balance is in credit, any profits made from the 30 Credit will
remain in your Account balance, but the 30 Credit amount will be reset to zero.

DMM FX 30 Credit Welcome Bonus Campaign Terms and Conditions Version 3.2_ 28 November 2015

16. You will be able to withdraw profits that are specifically attributable to your trading with the 30
Credit Welcome Bonus, however each withdrawal request to transfer profits from your Account
to your nominated bank account must be for a minimum of $25 in value (or approximately the
equivalent amount of your Accounts denominated currency, as set by DMM FX).
17. If you request a withdrawal of profits attributable to the 30 Credit Welcome Bonus amount (but
net of the 30 Credit amount) prior to the expiry period referred to in clause 15 above, and your
request is approved and completed by DMM FX, the 30 Credit amount will be reset to zero
automatically.
18. DMM FX will not be liable for any costs, expenses or damages which may be suffered as a result
of DMM FX re-setting or adjusting your Account as contemplated by these Terms, including but
not limited to losses attributable to automatically Closed Out Open Positions as a result of 30
Credit reset to zero.
Additional Conditions
19. In exceptional volatile circumstances in the market (as decided by DMM FX), you may incur a
loss that exceed the 30 Credit Welcome Bonus in your Account. You are liable for losses that
exceed the 30 Credit amount and DMM FX will require you to pay the equivalent amount of
those losses into the DMM FX client money trust account (so that it can be withdrawn and paid
to DMM FX).
20. If your Account is closed or suspended, DMM FX may cancel the 30 Credit Welcome Bonus in
your Account, along with any profits made from the 30 Credit Welcome Bonus.
21. This offer is limited to one applicant per IP address.
22. DMM FX may amend or discontinue this offer without any prior notice to current or prospective
applicants and without having to compensate anyone for that.
23. If DMM FX suspects a client has abused or attempted to abuse this offer to the detriment of
DMM FX beyond the intention of the offer, then DMM FX may deny, cancel or withdraw the
offer to that client, and either temporarily or permanently terminate that clients access to the
online services and suspend or close the clients account. This may also apply if client has
breached DMM FXs Account Terms.
24. The provider of this offer is DMM FX Australia Pty Ltd (ACN 160 659 290, AFSL 437734), trading
name DMM FX.
25. The client understands and agrees that this promotional offer is not an inducement to begin
transacting with DMM FX.
Transacting in over the counter leveraged financial products carries significant risks and can result
in substantial losses. You may lose more than your initial deposit so the financial product may not
be suitable for all investors. You should consider the Product Disclosure Statement for FX Contracts

DMM FX 30 Credit Welcome Bonus Campaign Terms and Conditions Version 3.2_ 28 November 2015

available on our website at www.dmmfx.com.au to understand the risks involved in transacting in


FX Contracts before deciding whether to participate in this offer.
DMM FX will not be liable for any loss, costs, expense or damage which may be suffered in
connection with you participating in the offer and which by law may not be excluded by these terms.

DMM FX 30 Credit Welcome Bonus Campaign Terms and Conditions Version 3.2_ 28 November 2015

You might also like