HFM Investments Ltd

100% CREDIT BONUS

TERMS AND CONDITIONS

___ ___ ___

The Oval Building, Corner of Jalaram Road/Ring Westlands T. +254-203894292 [email protected]

5th Floor, Office 2-7, P.O. Box 30333-00100, Nairobi, Kenya www.hfm.com/ke
 HFM Investments Ltd
100% Credit Bonus Terms and Conditions

100% Credit Bonus Terms and Conditions

The 100% Credit Bonus is a bonus offered by HFM Investments LTD (herein “the Company”)
to its Clients under the following Terms.

1. Introduction

1.1. The 100% Credit Bonus (hereinafter the “Bonus Scheme”) is available to all of the
Company’s Clients who have satisfied the Criteria for this Bonus Scheme as set out in
paragraph 1.2. of the Bonus Scheme.

1.2. In order for a Client to be eligible to participate in the Bonus Scheme he must have opened
a myHF account with the Company as per the Account Opening Agreement and he must
have completed the age of 18 or the legal age applied in his country of residence or
otherwise must not be considered as a "minor" in his country of residence.

1.3. The Client hereby acknowledges, confirms and accepts to be legally bound by the Terms
and Conditions as set out in this Bonus Scheme and/or any other legally binding Agreement
between him and the Company.

2. Commencement Date and Term

2.1. The promotional period for this Bonus Scheme runs from the time that these Terms and
Conditions are made available to the Client and onwards. There is no time limit for the
completion of the bonus volume requirements.

2.2. The Company has the right to amend, alter or terminate this Bonus Scheme at its sole
discretion, and at any time without notice.

3. Terms and Conditions

3.1. The Company reserves the right to refuse the offer of the Bonus Scheme at its sole
discretion without providing a reason for the refusal. The Company will not be liable for any
“Stop Outs” or any other consequences that result out of a Bonus cancellation and/or
removal.

2
Regulated by the Capital Markets Authority (CMA)
License Number 155 Registration Number PVT-BEUJQBA
 HFM Investments Ltd
100% Credit Bonus Terms and Conditions

3.2. The Promotion applies on new deposits or internal transfers to trading accounts of at least
100 USD/ 11 000 KES (or any other currency equivalent).

3.3. A Client can also receive the Credit Bonus via the accumulation and redemption of HFM
bars in accordance with the provisions of the Trading Rewards Loyalty Program’s terms and
conditions.

3.4. The Bonus Scheme applies only to MT4 Micro, MT4 Premium and MT4 Premium Islamic
account types. It should be noted that the Bonus Scheme does not apply to Demo Accounts;
profits made thereof cannot be withdraw under any circumstances.

3.5. Once a Client completes the volume requirement, he will need to send an email to
[email protected] requesting the bonus to be released.

3.6. After the volume requirements are met, the Client has three (3) months in order to claim
the bonus to be released. Failure to do so within the aforementioned timeframe will
invalidate the Client's right to claim the bonus.

3.7. The maximum amount that can be active in this bonus promotion is 30,000 USD/ 3,300,000
KES per trading account. If a Client has multiple trading accounts, then the sum of the active
bonus awarded for ALL of the Client's trading accounts cannot exceed 150,000 USD/
16,500,000 KES. It should be noted that any credit bonus credited via the accumulation and
redemption of bars through the Trading Rewards Loyalty Program, shall count towards all
the above-mentioned maximum allowed bonus amounts.

3.8. Please note that the Client cannot switch between bonus programs offered by the
company. If you no longer wish to use a trading account with bonus, please send an email
to [email protected] in order to archive the bonus account.

4. Operating Terms

4.1. To withdraw the bonus from your account you need to make transactions (number of
standard lots) in the amount of; (Total Awarded Bonus Sum / 2) = Number of Standard Lots.
EXAMPLE: You receive a $200 bonus. To withdraw the received bonus, you need to make a
transaction $200 / 2 = 100 Standard Lots (only closed deals are taken into account).
3
Regulated by the Capital Markets Authority (CMA)
License Number 155 Registration Number PVT-BEUJQBA
 HFM Investments Ltd
100% Credit Bonus Terms and Conditions

ATTENTION: Only Commodities, Energies, Forex, Spot Indices and USDIndex (Index
Futures), Metals and US Shares count towards completing volume requirements.

NOTE: For trades on Metals, Energies, 1 Standard Lot counts as 0.10 lot towards completing
the bonus volume requirements.

For trades on Commodities, Indices, US Shares, EU Shares, 1 Standard Lot counts as 0.01 lot
towards completing the bonus volume requirements.

For U.K Shares, 1 Standard Lot counts as 0.001 lot towards completing the bonus volume
requirements.
Only trades that have a 3 pips difference between open and close price are counted
towards the Volume Requirements.

4.2. When a Client makes a withdrawal from his Account, he will be subject to a proportionate
removal of the bonus amount awarded. The formula used by the system regarding Bonus
Removals following a withdrawal request is: WITHDRAWAL AMOUNT X 1 (100%). For
example: If a Client withdraws 100 USD from his account, 100 USD will be deducted
automatically from the 100% bonus amount that had been previously claimed and
awarded.

4.3. Unless all requirements of the Promotion are met, the Client cannot withdraw more than
his original deposit plus profits (or minus losses) at any time. Once the original deposit is
removed, the bonus is lost. If a part of the original deposit is withdrawn the bonus is
removed on a pro rata basis, therefore there will be a partial bonus removal. Each
withdrawal is subject to bonus removal as per calculation in point 4.2.

4.4. Furthermore, if the volume requirements are not completed then the Promotion can only
be used for credit purposes.

4.5. If volume requirements are not met and the equity of the Account goes below the available
bonus amount then the bonus is removed automatically by the system. In other words, if
the Cash Equity (Equity - Credit Bonus) becomes zero or less, all previously awarded Credit
Bonuses will be cancelled and withdrawn from the respective Client’s Account. In these
circumstances the Company shall not be liable for any consequences of the bonus
4
Regulated by the Capital Markets Authority (CMA)
License Number 155 Registration Number PVT-BEUJQBA
 HFM Investments Ltd
100% Credit Bonus Terms and Conditions

cancellation, including, but not limited to, order(s) closure by “Stop Out”.

4.6. Internal funds transferred between trading Accounts within the Company are considered
as withdrawals, therefore Bonus removal will be applied if the amount being transferred
out from the 100% Credit Bonus Account is from the original balance that was awarded a
respective bonus.

4.7. Credit Bonuses cannot be transferred between, or from Eligible Clients’ trading Accounts
within the Company.

4.8. In the case of selecting the 100% Credit Bonus there is no margin call alert.

5. Termination of the Bonus Scheme

5.1. If the Company suspects or has reason to believe that a Client has abused and/or
manipulated the Terms and Conditions of this Bonus Scheme by hedging his positions
internally (using other trading accounts held with Company) or externally (using other
trading accounts held with other brokers) and/or has not acted in good faith, the Company
reserves the right, at its absolute discretion and without obtaining the Client’s consent, to
remove the Bonus Scheme from the Client’s Trading Account(s) or from his winning hedged
Accounts with immediate effect.

6. Disputes

6.1. Any dispute arising with or in connection to any of the terms and conditions of this Program
shall be dealt by the Company as per the Company’s Complaints Handling Policy, which is
available on the Company’s website.

6.2. All complaints must be in writing and addressed to the Customer Support Department of
the Company via email at [email protected] . More details on the procedure which the
Client must follow, the deadlines for receiving a response from the Company as well as
contact details for the Company’s regulatory authority can be found on the Company’s
website in Section “Legal Documentation”.

5
Regulated by the Capital Markets Authority (CMA)
License Number 155 Registration Number PVT-BEUJQBA
 HFM Investments Ltd
100% Credit Bonus Terms and Conditions

7. Acknowledgments

7.1. The Client acknowledges that Forex and CFDs are leveraged products which involve a high
level of risk. When trading in such products, it is possible for Clients to lose all of their
invested capital. These products may not be suitable for everyone and Clients should
ensure that they understand the risks involved. Clients should seek independent advice if
necessary.

7.2. These Terms and Conditions are made in English language. Any other language translation
is provided as a convenience only. In the case of any inconsistency or discrepancy between
original English texts and their translation into any other language, as the case may be,
original versions of English shall prevail.

7.3. The Client further acknowledges that where the Company has any indication or suspicion
of any form of arbitrage, abuse, fraud, manipulation, cash-back arbitrage connected to a
Trading Account or any other forms of deceitful or fraudulent activity, then the
Company reserves the right at its sole discretion to:

a) Close/ suspend all Trading Accounts the Client has with the Company either temporarily
or permanently;

b) Void all previously credited trading bonuses from the Clients' Trading Accounts with the
Company;

c) Void all transactions carried out, including any pending orders and/or any profits or
losses earned.

7.4. The Client further acknowledges and understands that where any of the circumstances
mentioned in Clause 7.3 above, occur, the Company will not be liable for any consequences
on the Bonus cancellation, including, but not limited to, order(s) closure by Stop Out.

Version: 2023/01

6
Regulated by the Capital Markets Authority (CMA)
License Number 155 Registration Number PVT-BEUJQBA