First Deposit Cashback Terms – PU Prime

Conditions of Eligibility
Specific Terms and Condition
General Terms and Conditions

1.Subject to, and without prejudice to, all other Terms and Conditions, the offer is available to PU Prime’s Clients who have satisfied the Eligibility Criteria for the offer (“Eligible Clients”) as set out in the sections following hereinafter.

2.The “First Deposit Cashback” may be offered by PU Prime from time to time to clients who open real trading accounts (meaning not demo) with PU Prime, in cases where such clients are referred to PU Prime via specific websites and/or social network sites in the context of certain specific promotions, and/or surveys that PU Prime may be running from time to time on such specific websites and/or social network sites.

3.PU Prime, at its absolute discretion, offers the “First Deposit Cashback” to any Client(s) from any countries/regions, as it deems appropriate and for as long as PU Prime deems to provide it.

4.Only persons who can form legally binding contracts under the laws applicable in their country of residence may participate in the “First Deposit Cashback”. Without limiting the foregoing, participation in the “First Deposit Cashback” is not allowed for persons under the age of 18 or otherwise under legal age in their country of residence (“Minors”). If you are a minor, you cannot participate in the “First Deposit Cashback”.

5.Participation of “Intermediaries/Related Parties” in the “First Deposit Cashback” is prohibited. If the registration and/or trading data of a participant in the “First Deposit Cashback” corresponds with the registration and/or trading information, including but not limited to IP address, of another participant in the “First Deposit Cashback”, PU Prime reserves the right to regard this matching as a reason for immediate disqualification. For the purposes hereof, the term “Intermediary (ies)/Related Party (ies)”, when used in these Terms & Conditions, unless the context otherwise requires, shall mean to include any person or entity bearing a relationship with any participant in the “First Deposit Cashback”, including, without limitation:

a. family members, such as brothers, sisters, spouses, ancestors, lineal descendants and collateral descendants;
b. person or entity, whom any participant in the “First Deposit Cashback”, directly or indirectly through one or more intermediaries, controls, or whom, directly or indirectly, through one or more intermediaries, is controlled by, or is under common control with any participant in the “First Deposit Cashback”; for purposes of this definition, the term “control” (including, with correlative meaning, the terms “controlled by” and “under common control with”), as used with respect to any participant in the “First Deposit Cashback”, shall mean the possession, directly or indirectly through one or more intermediaries, of the power to direct or cause the direction of management policies of such person or entity, whether through ownership of voting securities or otherwise.

6.Similarly, persons associated in any manner whatsoever with PU Prime and/or with the specific websites and/or social network sites on which PU Prime may be running from time to time certain specific promotions, contests and/or surveys, in the context of which access to the “First Deposit Cashback” is offered, are not allowed to participate in the offer.

1.Promotion areas: All countries covered by regulatory licenses, except for United States of America, Australia, Singapore, Mainland China, Kenya, Vietnam, Bangladesh, Madagascar, Egypt, Malaysia, UAE, Indonesia, Thailand, Pakistan, Sri Lanka, Afghanistan, American Samoa, and/or as per the discretion of the Company.

2.Promotional Activate Period: 8th Aug 2023 Onwards

3.Promotion validity period: 60 days

*After clients redeem credit bonus, they should meet trading volume requirements within 60 days. Only the first deposit made during this period will be counted towards the calculation of the cashback.

4.Eligible participants: This offer is available to existing and new Clients who have no deposit history before with PU Prime.

5.The “First Deposit Cashback” is available only for Standard Accounts and Islamic Standard Accounts.

*If there are multiple trading accounts under the same client’s name, only one eligible trading account is allowed to participate in this promotion.

*This offer is ONLY available for Clients in Standard Spread and Rebate Group.

6.Clients need to successfully activate for this promotion on the landing page first then deposit funds as required to receive the corresponding credit bonus.

*Only new deposits made during the promotion period are valid for the promotion. This excludes internal transfers, refer-a-friend bonuses, and cash adjustments.

*When clients make deposits via cryptocurrency or e-wallet, they will NOT receive the credit bonus.

7.The credit bonus is calculated at 20% of the amount of the first deposit and the capped amount of the credit bonus is $10,000. This credit bonus can be used for withdrawal and trade.

8.The credit bonus will be credited into the client’s trading account and enhance their equity and margin level. After completing the required trading volume during the bonus trading period, the bonus will be deposited into the trading account in the form of Balance.

9.After making a deposit and receiving the credit bonus, the client has to trade specific transaction volume, positions open ≥ 30 minutes within 60 days for withdrawal.

* Specified transaction volume = bonus received * 35%

* Products that count towards the trading requirements: Forex, Gold, Silver, Crude oil, BTCUSD.

*Effective trading volume: newly opened and closed orders made during the promotion period. Positions open for less than 30 minutes, locked positions, and hedged positions do not count as valid trades for this promotion.

10.After meeting all the required trading volumes, the bonus can be withdrawn in one-time, if client subsequently replenishes the position, it will still be calculated according to the specified trading volume corresponding to the credit bonus, without adding the trading volume.

11.Once all the conditions have been met, clients are required to select the “Redeem” button in the client portal and your cashback will be paid into your account as Balance within 5 working days.

12.The bonus will be cancelled if the client doesn’t reach sufficient trading volume within 60 days.

13.If a client deactivated this promotion on the “First Deposit Cashback” page within their client portal, the client cannot reactivate the promotion again.

1. Participation in the promotion is exclusively open to clients.

2.PU Prime will not be liable for any costs, expenses or damages which may be suffered as a result of PU Prime re-setting or adjusting a client’s account as contemplated by these Terms and Conditions, including, but not limited, to losses attributable to automatically closed out Open Positions.

3.PU Prime reserves the right, at its sole discretion:

a. to decline registration of any participant in the “First Deposit Cashback”; and
b. disqualify any participant in the “First Deposit Cashback” who tampers or breaches these terms and/or any of the “PU Prime Terms and Conditions” set forth on PU Prime’s website.

4.PU Prime reserves the right, at its reasonable discretion, to discontinue the offering of this “First Deposit Cashback” to any of its clients, without having to explain the reasons. Such clients will be informed via email.

5.PU Prime reserves the right to alter, amend or terminate the “First Deposit Cashback” or any aspect of it at any time without having to compensate anyone for that. Prior notice of such changes will be given to clients. Please note that taking part in the “First Deposit Cashback” constitutes acceptance and agreement to abide by any such alterations, amendments and/or changes.

6.Any indication or suspicion, in PU Prime’s sole discretion, of any form of arbitrage (including but not limited to risk-free profiting), abuse (including but not limited to participant’s trading activity patterns that indicate that the participant solely aims to benefit financially from the cashback without being genuinely interested in trading in the markets and/or taking market risk), fraud, manipulation, cash-back arbitrage connected to a cashback promotion or any other forms of deceitful or fraudulent activity, will nullify all previous cashback of the Eligible Client’s real trading accounts with PU Prime and/or any and all transactions carried and/or profits or losses garnered therein. In these circumstances, PU Prime reserves the right, at its sole discretion to close/suspend (either temporarily or permanently) all such Eligible Client’s real trading account(s) with PU Prime, cancel all orders and annul all profits of such participants. In these circumstances, PU Prime shall not be liable for any consequences of the cashback cancellation, including, but not limited to, order(s) closure by Stop Out.

7.Taking part in the “First Deposit Cashback” constitutes acceptance of these Terms & Conditions and of the PU Prime Terms and Conditions set forth on PU Prime’s website.

8.The “First Deposit Cashback” is available for a limited period of time only, as indicated in the rules of engagement of the specific promotion, and/or survey of which the “First Deposit Cashback” is mentioned to be a part of.

9.In the event of any suspicion of lock-up or hedging positions, PU Prime reserves the right to refuse the issuance of rewards, or reclaim the distributed rewards.

10.If these terms and conditions of the “First Deposit Cashback” are translated into a language other than English, the English version shall prevail in the case of an incompatible interpretation.

11.This promotion cannot be used in conjunction with any Deposit Bonus promotion, any No Deposit Bonus promotion, 100% Cash Rebate promotion, Crypto Cashback promotion.

First Deposit Cashback

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