Malaysia 20 Deposit Bonus Terms – PU Prime | More Than Trading

Terms and Conditions

Malaysia

20% Deposit Bonus

  • Conditions of Eligibility
  • Specific Terms and Condition
  • General Terms and Conditions

1.spanspanspanSubject 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.spanspanspanThe “Malaysia 20% Deposit Bonus” 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.spanspanPU Prime, at its absolute discretion, offers the “Malaysia 20% Deposit Bonus” to any Client(s) from any countries/regions, as it deems appropriate and for as long as PU Prime deems to provide it.

4.spanspanOnly persons who can form legally binding contracts under the laws applicable in their country of residence may participate in the “Malaysia 20% Deposit Bonus”. Without limiting the foregoing, participation in the “Malaysia 20% Deposit Bonus” 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 “Malaysia 20% Deposit Bonus”.

5.spanspanParticipation of “Intermediaries/Related Parties” in the “Malaysia 20% Deposit Bonus” is prohibited. If the registration and/or trading data of a participant in the “Malaysia 20% Deposit Bonus” corresponds with the registration and/or trading information, including but not limited to IP address, of another participant in the “Malaysia 20% Deposit Bonus”, 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 and Conditions, unless the context otherwise requires, shall mean to include any person or entity bearing a relationship with any participant in the “Malaysia 20% Deposit Bonus”, 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 “Malaysia 20% Deposit Bonus”, 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 “Malaysia 20% Deposit Bonus”; 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 “Malaysia 20% Deposit Bonus”, 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.spanspanSimilarly, 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 “Malaysia 20% Deposit Bonus” is offered, are not allowed to participate in the offer.

1.Promotion area: ONLY available for Malaysia.

2.The “Malaysia 20% Deposit Bonus” is available ONLY for Standard Account, Islamic Standard Account, Prime Account, Islamic Prime Account.

3.If there are multiple trading accounts under the same client’s name, all eligible trading accounts can participate in this promotion, and the system will count the deposit and withdrawal of the account that has received the credit bonus. Based on the client’s ID, clients with the same name account can only redeem a maximum of 10,000 USD in credit (or currency equivalent) in total.

4.Eligible Clients (both new and existing clients), who meet the criteria set forth herein are able to receive credit bonuses or otherwise known as trading credit, equal to:

  • a.20% on the amount of deposit that is made in their real (meaning not demo) account(s) with PU Prime, provided that the maximum amount of any such credit bonus awarded to any particular Eligible Client will be limited to a maximum amount of 10,000 USD (or currency equivalent) in credit.
  • b.The total amount of credit bonus (es) that may be accumulated during this promotion is set to 10,000 USD in credit (or currency equivalent), per Eligible Client.

Note: The above currencies are based on U.S. dollars (or currency equivalent), except that the exchange rate is calculated at 0.7:1 for USD vs. AUD, 0.78:1 for USD vs. CAD, 1.02:1 for USD vs. EUR, 1.21:1 for USD vs. GBP, 0.73:1 for USD vs. SGD, 0.63:1 for USD vs. NZD, 0.13:1 for USD vs. HKD, 1:150 for USD vs. Japanese Yen, 1.05:1 for USD vs. CHF, and 1:100 for USD vs. USC.

  • c.Eligible Clients can activate this promotion within their client portal.
  • When clients click “Opt Out” on the “Malaysia 20% Deposit Bonus” page within their client portal, their remaining credit bonus received from this promotion will be all removed.
  • d.Promotion activate period: From 21 Sep 2023. Only new deposits after this date will be counted towards the calculation of the credit bonus (es) credited to the client's account.
  • e.Accumulated credit bonus (es) under this promotion is valid and may be used to support client’s account margin from 21 Sep 2023. Eligible Clients may use their credit bonus in order to increase their margin during the promotion, when there is a loss in the client's trading account, client will lose the principal part first, and then lose the credit bonus part.
  • f.The promotional credit trading period lasts 365 days, starting from the day the client successfully activates the promotion. All clients can only participate in this promotion once, not be able to participate again in the promotion after the promotion expires.
  • g.When the promotion expires, PU Prime will reset any remaining credit bonus (es) redeemed under this promotion to Zero without further notification to the clients therefore clients should make sure they have enough margin in their account to prevent the trades from getting liquidated. If it is further acknowledged that the Company shall not be held responsible for any closed positions/loss trades/loss of profits or accrued profits and/or for any consequences shall rest may cause to the trading account(s).
  • h.This offer cannot be used in conjunction with any other offer.
  • i.If clients’ trading account is closed or suspended, PU Prime may cancel at its discretion the “Credit Bonus” posted to their account, along with any profits made from the “Credit Bonus”.
  • j.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 client’s account as contemplated by these Terms and Conditions, including but not limited to losses attributable to automatically Closed Out Open Positions.

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

2.Only a new deposit during the promotion can apply for the credit bonus. A new deposit does not include the funds transfer between the accounts that are under the same name (internal transfer), refer-a-friend bonuses, and cash adjustments.

3.Internal transfers are not allowed between the trading accounts that have redeemed the “Malaysia 20% Deposit Bonus”.

4.The “Malaysia 20% Deposit Bonus” applies to all clients who open a real (meaning not demo) account with PU Prime in accordance with the rules set herein and granted credit bonuses may be used for trading purposes only. 

*Any profits generated can be withdrawn at any point in time, however, any withdrawal of capital will result in the proportional removal of your credit bonus. Transferring funds between your MT4 trading accounts is also considered as withdrawal.

*As long as the client submits a withdrawal application, no matter whether the withdrawal is successful or not, the credit bonus will be deducted according to the system logic.

5.Credit Bonus cannot be (i) transferred to any other person; (ii) transferred to another account held by the Eligible Clients; or (iii) exchanged for other financial services or benefits provided by PU Prime.

6.If client’s account equity is less than the trading credit on your account, the remaining credit may be withdrawn at our discretion, which could in turn force a stop out of all open positions on your account.

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

  • a.to decline registration of any participant in the “Malaysia 20% Deposit Bonus”; and
  • b.disqualify any participant in the “Malaysia 20% Deposit Bonus” who tampers or breaches these terms and/or any of the “PU Prime Terms and Conditions” set forth on PU Prime’s website.

8.PU Prime reserves the right, at its reasonable discretion, to discontinue the offering of this “Malaysia 20% Deposit Bonus” to any of its clients, without having to explain the reasons. Such clients will be informed via email.

9.PU Prime reserves the right to alter, amend or terminate the “Malaysia 20% Deposit Bonus” 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 “Malaysia 20% Deposit Bonus” constitutes acceptance and agreement to abide by any such alterations, amendments and/or changes.

10.Any indication or suspicion, in the 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 Credit Bonus without being genuinely interested in trading in the markets and/or taking market risk), fraud, manipulation, cash-back arbitrage connected to a credit bonus or any other forms of deceitful or fraudulent activity, will nullify all previously credited credit bonuses 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 credit bonus cancellation, including, but not limited to, order(s) closure by Stop Out.

11.In the event that a trading account becomes Dormant all previously awarded credit bonus (es) will be immediately withdrawn from the respective Eligible Clients real account with the PU Prime.

12.Taking part in the “Malaysia 20% Deposit Bonus” constitutes acceptance of these Terms & Conditions and of the PU Prime Terms and Conditions set forth on the PU Prime’s website.

13.The “Malaysia 20% Deposit Bonus” 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 “Malaysia 20% Deposit Bonus” is mentioned to be a part of.

14.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.

15.If these terms and conditions of the “Malaysia 20% Deposit Bonus” are translated into a language other than English, the English version is superior in the case of an incompatible interpretation.

16.This offer cannot be used in conjunction with any other offer.

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