10% Loss Compensation Promotion Terms and Conditions

General information

All professional clients of Deltastock who have concluded an Agreement for trading in CFDs on margin and trade on the trading platform Delta Trading™ are eligible for a one-off bonus covering 10% of their annual trading losses, but not exceeding €3 000. If the client brings a friend and all conditions listed in Section 7 of the present Terms and Conditions of the 10% Loss Compensation Promotion are met, the maximum sum of the bonus is raised by €2 000 to €5 000. The bonus sum is transferred by Deltastock to the client’s trading account and can be withdrawn or used for trading. The Promotion is running for a period of one year (365 days).

Section 1. Organiser

Deltastock, address: 115G Tsarigradsko Shose Blvd., Sofia 1784, Bulgaria, www.deltastock.com.

Section 2. Territory

All countries Deltastock accepts professional clients from.

Section 3. Purpose of the promotion

The purpose of the 10% Loss Compensation Promotion (the Promotion) is to provide an incentive to trade to all of Deltastock’s professional clients who trade on the trading platform Delta Trading™, by covering part of their loss.

Section 4. Conditions and duration of the Promotion

  1. All professional clients of Deltastock who trade CFDs on margin on the trading platform Delta Trading™ are eligible for participation in the Promotion.
  2. Deltastock clients who trade with a DeltaSmart Investment Account by paying the full value of the assets, as well as clients who trade on the MetaTrader4 trading platform, are not eligible for participation in the Promotion.
  3. If the professional client has more than one account for trading in CFDs on margin on Delta Trading™, the professional client can participate in the Promotion with only one of the accounts for trading on margin of their choice.
  4. In order to participate in the Promotion, the professional client must send in an application with Deltastock. The company may or may not approve the application. Deltastock informs the client of its decision on the application.
  5. The participants have the right to receive a one-off bonus of 10% of the annual trading losses, but not exceeding €3 000. If the client brings a friend, the maximum sum of the bonus is raised to €5 000.
  6. The bonus sum is transferred by Deltastock to the professional client’s trading account and can be withdrawn or used for trading.
  7. The duration of the Promotion is 365 days (one calendar year), starting from the date of approval of the client’s application.
  8. The bonus is calculated and transferred to the client’s trading account at the end of the period of the Promotion, rather than being credited periodically.

Section 5. Criteria for eligibility

  1. All current and new professional clients of Deltastock who trade on the DeltaTrading™ trading platform, choose to sign up for the Promotion, send in an application and have an account for trading in CFDs on margin, are eligible for participation in the Promotion.
  2. All new and current retail clients of Deltastock who trade on the DeltaTrading™ trading platform and who meet the criteria for professional clients and have an account for trading in CFDs on margin, may also take advantage of the promotion after they are categorised (recategorised) as professional clients of Deltastock upon their request.
  3. A retail client who wants to participate in the Promotion should acquaint themselves with the conditions for recategorisation from a retail to a professional client upon their request. If they meet the criteria for becoming a professional client, they must submit a recategorisation request, which will be reviewed by Deltastock. Retail clients can participate in the Promotion only after they have been recategorised as a professional client by Deltastock.
  4. Current professional clients of Deltastock who wish to sign up for the Promotion, must not have open positions as of the date of submitting their application for participation as well as of the date of Deltastock’s approval of the application.
  5. Employees of Deltastock and their first-degree relatives do not have the right to participate in the Promotion.

Section 6. Promotional mechanics

  1. The bonus sum is calculated based on the result of the positions currently open and closed by the professional client when trading in CFDs on margin on the Delta Trading™ platform.
  2. The calculation of the bonus sum does not include the losses from trading in financial instruments when paying their full value, without leverage (the so-called “cash instruments”), even though they are traded with accounts mentioned in the above article or with the DeltaSmart Investment Account.
  3. The size of the bonus is calculated based on the result of the positions open at the moment and already closed when trading in the instruments listed in art. 1 of this section, including all other payments to the client account, such as dividends or other payments to the benefit of the client. The end result, which will be used for calculating the bonus does not include the fees, commissions, interest on margin trading and rollover fees levied. The final result, which will be used for calculating the bonus is established at 24:00 ЕЕТ on the 365-th day of the client’s participation in the Promotion.
  4. If the result established as per the provisions in art. 3 of the current Section is a negative number, the size of the bonus is 10% of it, but no more than €3 000.
  5. If the professional client brings a friend and the criteria in Section 7 of the present Terms and Conditions are met, the maximum sum of the bonus is raised by €2 000, but the total cannot exceed €5 000.
  6. If on the 365-th day of the Promotion one currently open or closed position in the client’s account is contributing over 30% of the overall loss used for calculating the bonus, this loss is excluded from the calculation of the overall result used for determining the size of the bonus.
  7. If the professional client has not concluded at least one deal opening a position and at least one order closing a position each 30 days, starting from the first day of their inclusion in the Promotion, their participation in the Promotion is terminated and the client will not receive a bonus.
  8. The professional client can participate in the Promotion with a single trading account. If the client has more than one trading account with Deltastock, they must explicitly state which one they will use for the Promotion.
  9. The professional client can deposit and withdraw funds from their trading account with Deltastock at any time and this does not forfeit their right to participate in the Promotion.
  10. In order to sign up for the Promotion the professional client must send in an application for participation in the Promotion no later than November 10, 2020 and to be approved.
  11. The professional client cannot participate in more than one promotion of Deltastock at a time.
  12. The professional client has the right to withdraw the bonus sum or to trade with it.
  13. The bonus is credited to the professional client’s account within ten days after the expiration of the aforementioned 365-day period of the Promotion that starts from the date of the client’s inclusion in it.

Section 7. Raising the maximum sum of the bonus to €5 000

  1. The professional client participating in the Promotion who brings a friend must provide information about their friend (the Friend) by sending an e-mail to sales@deltastock.com. The client of Deltastock provides the following information about their friend: name, surname and e-mail address.
  2. In order to participate in the Promotion, the Friend must meet Deltastock’s criteria for a professional client, open a live trading account for trading of CFDs on margin with Deltastock and make a deposit in it.
  3. For regulatory reasons, upon concluding the Agreement for trading of CFDs Deltastock will categorise the Friend as a retail client. Afterwards, the Friend should submit a request for recategorisation to become a professional client. To this end, Deltastock may require some additional documents.
  4. The maximum bonus which the professional client can get is then raised to €5 000, but only after the Friend is recategorised as a professional client and makes a deposit in their account.
  5. Deltastock shall notify the professional client of the increased bonus sum at the e-mail address provided by them.
  6. The client may bring an unlimited number of friends, but the maximum bonus sum will remain €5 000 at most, regardless of how many of them meet the conditions set forth in this section.
  7. If the client has brought more than one friend who meets the conditions in this section, but Deltastock recategorises from retail to professional client one but not all of them as per Section 8 of the present Terms and Conditions, the client reserves their right to get a bonus of up to €5 000.
  8. The friend(s) can also participate in one of Deltastock’s promotions for professional clients of their choice, as long as they meet its conditions.

Section 8. Decreasing the size of the bonus

  1. Deltastock shall decrease the size of the bonus from €5 000 to €3 000 and will notify the participant in the promotion, in the cases when, during the Promotion:
    • The Friend brought by the client has terminated their trading contract with Deltastock;
    • The Friend brought by the client requests recategorisation from professional to retail client;
    • Deltastock, at its own discretion, recategorises the Friend from professional to retail client when there is reasonable doubt or proof that the documents used in the their categorisation as a professional client are not valid or are fake;
    • The Friend’s access to the trading platform is terminated under the applicable General Terms and Conditions for CFD trading of Deltastock and in the Agreement for trading in CFDs;

Section 9. Termination of participation in the Promotion

  1. The participation of the professional client in the Promotion is terminated automatically and immediately in the following cases:
    • When the Promotion ends upon the expiration of the 365-day period from the approval of the client’s participation application;
    • If the conditions set forth in art. 7, Section 7 of the current Terms and Conditions are violated;
  2. A professional client who participates in the Promotion, can, at any time, end their participation by submitting a request for termination. After receiving the request, Deltastock will automatically terminate the client’s participation in the Promotion, without paying out any bonus sums, regardless of the client’s current loss (realised or unrealised) as of ending the participation in the Promotion.
  3. Deltastock reserves the right, without notice, to refuse to pay out bonus sums or to terminate the client’s participation in the Promotion, as well as to deduct the bonus sum from the client’s account, without giving an explanation in the following cases:
    • There is reasonable doubt that the documents used for opening an account and/or the documents used as proof of eligibility for participation or for receiving the bonus are not authentic and/or have apparent irregularities;
    • The client’s access to the trading platform is terminated under the applicable General Terms and Conditions for CFD trading of Deltastock and in the Agreement for trading in CFDs;
    • There is reasonable doubt that the client account is managed by third parties;
    • The client violates any of the clauses of the present Terms and Conditions and/or of the applicable General Terms and Conditions for CFD trading of Deltastock or the Agreement for trading in CFDs;
    • If there is reasonable doubt that the client or the Friend they brought, or the client and another client participating in the Promotion are applying, together or independently, dishonest trading practices such as opening opposite positions on the same or similar instruments, aiming to violate the lawful interests of Deltastock or to abuse the rules and mechanics of the Promotion.
  4. Deltastock reserves the right, at any time, without prior notice and its own discretion, to recategorise a professional client participating in the Promotion to a retail client, without explanation. In such case the bonus sum will be calculated as of the recategorisation date and paid out within 10 days of it, at the condition that there are no violations of the Terms and Conditions of the Promotion.
  5. If a professional client participating in the Promotion requests a recategorisation to a retail client, Deltastock will automatically terminated their participation in the Promotion and will not pay out a bonus, regardless of the current loss (realised and/or unrealised) ) in the client’s account as of their recategorisation and termination of their participation in the Promotion.

Section 10. Final provisions

  1. By submitting a request to participate in the Promotion, the professional client agrees to the present Terms and Conditions.
  2. Any dispute between Deltastock and the client on the application, execution, and interpretation of the present Terms and Conditions will be resolved by Deltastock. By participating in the Promotion, the client accepts that all decisions taken by Deltastock regarding the aforementioned sentence will be final and mandatory for them.
  3. Deltastock reserves the right to change the present Terms and Conditions or to terminate the Promotion at any time and without prior notice. The altered Terms and Conditions shall be published on the website of Deltastock. It is advisable that the client visits the website frequently.
  4. The bonus sum is provided in the currency in which the client account was opened. The maximum bonus sum is €3 000, or €5 000, respectively, if the conditions set forth in Section 7 are met. If the client account currency is different than EUR, the bonus shall be calculated at Deltastock’s exchange rates as of the date on which the client’s participation in the Promotion ended.
  5. Deltastock’s General Terms of Business for Trading in Financial Instruments shall be applied to all matters which are not regulated by these Terms and Conditions.

The present Terms and Conditions of the 10% Loss Compensation Promotion are effective as of: October 12 2020

Last change: October 12 2020