Welcome to Mitrade

1. These terms and conditions (the “Terms”) form the basis of the promotion to participate in the Mitrade Holding Ltd Refer-A-Friend Promotion (the “Promotion”). By participating in the Promotion, you agree to be bound by these Terms. Mitrade Holding Ltd (“Mitrade”, SIB Licence No. 1612446) is the provider of this Promotion. Mitrade reserves the right to vary or cancel any of these Terms at any time, subject to applicable laws with or without prior notice.

2. The terms used but not defined herein have the meaning given to them in the Mitrade Holding Ltd Product Sheet and/or Client Agreement, and references to the Product Sheet and/or Client Agreement below shall be construed accordingly.

3. To qualify for participating in the Promotion, the person who is making the referral ("You", "Your") must:
a) hold an existing Mitrade live account (the "Account"); and
b) complete the identity verification procedure; and
c) activate the unique Referral link (the "Referral Link") during the promotion period in condition 6.

4. The individual you would like to refer (“Your Friend, Friend”) must be an individual who is 18 years or older and does not hold an existing Mitrade live account.

5. To participate in the Promotion, Your Friend will be subject to Mitrade live account opening and identity verification procedures.

6. 2021-xx-xx to 202x-xx-xx

7. The referral relationship between You and Your Friend is valid for a period of 60 days. The period of referral relationship will be deemed to commence on the day of Your Friend opening a Mitrade live account via the Referral Link. The valid period is subject to the one shown on our platform.

8. On the Refer-a-friend promotion page, you will be granted a unique Referral link (the “Referral Link”) and a QR code. During the period of the promotion (condition 6), you may share the Referral Link and/or QR code by sending it to Your Friend via email and/or social media, etc. Your Friend will be deemed to commence the referral relationship by clicking the Referral Link or scanning the QR code, and opening an Account.

9. You and Your Friend will be rewarded USD$1 (the "Bonus") when Your Friend completes one (1) Trading Point ("TP") within the referral relationship period (condition 7). For example, if Your Friend has completed 100 TP during the referral relationship period, You and Your Friend will be rewarded USD100 in Bonuses, respectively. Please see condition 12 and 13 for more details on the terms of the Bonus.

10. The maximum bonus Your Friend can receive is USD500. The maximum bonus You can receive from one of Your Friends is also USD500. However, You may accumulate multiple bonuses from different Friends.

11. Trading Point (""TP"") is calculated as per the Symbol and TP Table and includes all trades placed during the referral relationship period (however, NO trading points will be given for trading Share CFD products.) Trading Points are awarded only based on closed positions. For example, opening a position of 1 lot EUR/USD and closing the same position is counted as 1 lot in total.

12. Any bonuses earned will be allocated to You and Your Friend's Referral account automatically. On each calendar day, You and Your Friend can claim from the Referral account once, and that amount will be transferred to the trading account balance. There is a maximum amount of USD1000 per claim from the Referral Account. Moreover, even if the Referral Relationship or Promotion Period has ended, You and Your Friend can still claim from the Referral account.

13. Once You and Your Friend have applied to claim the Bonus from the Referral account to the trading account, Mitrade will process the claim request as soon as practicable (normally, within one business day) and allocate the Bonus to You and Your Friend's Account available balance.

14. By participating to this refer-a-friend promotion, Your Friend acknowledges and gives consent that You may be notified when Your Friend applies for an Account, starts trading and qualifies for Bonus rewards. Please refer to our legal documents, which highlights Mitrade’s usage and protection of your personal information.

15. The promotion is only available in particular countries/regions, You and Your Friend must both have the Accounts opened under the available countries/regions in order to participate in the promotion. Otherwise, the referral would deem to be invalid. The available countries/regions are subject to Mitrade internal policy and may be changed from time to time. You are adivsed to confirm with client service team prior to participating in the promotion.

16. All trading decisions are yours. Mitrade will not be held liable for any losses incurred on your account under this Promotion. Any dispute or situation not covered by these Terms, will be resolved by our management in a manner it deems to be fairest to all concerned, consistent with our internal dispute resolution processes.

17. This Promotion and any obligations of Mitrade pursuant to it will be revoked or withdrawn from participants who abuse the spirit or intention of it, or those who breach the Product Sheet, Client Agreement or any other disclosure document. Mitrade, at its absolute discretion, reserves the right to cancel or terminate the trade, and to cancel or withdraw the promotion at any time in case of any suspected abuse of the Promotion.

18. If at any time, all or any part of any provision of these Terms are or become illegal, invalid or unenforceable in any respect under the law of any jurisdiction, such provision(s) shall not affect or impair the legality, validity or enforceability in that jurisdiction of the remainder of that provision or all other provisions of these Terms or the legality, validity or enforceability under the law of any other jurisdiction of that provision or all other provisions of these Terms.

19. These Terms shall be governed by and construed in accordance with the laws of Cayman Islands and shall by subject to the jurisdiction of the Cayman Islands court.