Promotions and limited offers terms and conditions
As part of a limited-time promotional offer, Scandinavian Capital Markets (“the Company”) may provide eligible clients with a Margin Credit of up to $500, subject to the terms outlined below.
1. Eligibility and Application
– The Margin Credit is available only to first-time depositors and will applied to the client’s account at the Company’s sole discretion.
– Clients must meet all onboarding and compliance requirements before the credit is applied.
– The Margin Credit amount will match the client’s first-time deposit, up to a maximum of $500.
2. Purpose and Limitations
– The Margin Credit is granted exclusively for margin trading purposes. It is not withdrawable, not transferable, and cannot be lost or drawn down into.
-The Margin Credit does not form part of the client’s withdrawable account equity.
– If account equity excluding the Margin Credit reaches or falls below zero all open positions will be liquidated, and the Margin Credit will be revoked in full.
3. Monitoring and Risk
– The Margin Credit is visible within the trading platform as a separate component from the deposit balance.
– The client is solely responsible for maintaining adequate margin levels. The Company is not liable for losses incurred once positions are closed due to the terms contained herein.
4. Termination and Modifications
– The Margin Credit may be removed, adjusted, or canceled at any time at the sole discretion of the Company, with or without notice.
– Any abuse of the offer, suspicious trading activity, or breach of the Company’s general Terms & Conditions may result in immediate revocation of the credit and/or account suspension.
5. General Provisions
– This Margin Credit promotion is subject to change or termination without prior notice.
– By accepting the credit, the client agrees to be bound by these terms and all applicable terms outlined in the Company’s full Terms & Conditions and Trader Agreement: https://scandinavianmarkets.com/terms-and-conditions-and-trader-agreement/