The receipt and use of Benefits is subject to certain conditions outlined herein.
6. Cashback conditions
Calculation
Cashback amount is calculated as the amount of Qualified Deposit, minus the total amount of Withdrawals made during the Program Period, minus the Real Account Balance, multiplied by 1% (one percent).
Withdrawals to be taken into account to calculate the Cashback shall include withdrawal transactions with the “Success” and “Pending” status assigned during the Program Period.
The Real Account Balance to be taken into account to calculate the Cashback shall be determined as of the end of November 31, 2024.
Provision
The Cashback shall be calculated and credited to the Participant’s Account within 2 (two) weeks upon the end of the Program, subject to successful pass of anti-fraud checks.
Cashback eligibility is contingent upon the successful completion of these checks, which are designed to identify and address any attempts at manipulation, deceit, or fraudulent practices within the Participant’s deposit, other transaction, and activities.
If fraudulent activity is detected during the anti-fraud checks, the Participant will not receive the Cashback, and such detection may result in additional consequences, including, but not limited to, legal action.
The Cashback of negative value shall not be credited.
7. Miscellaneous Provisions
The registration of new Accounts on Binomo by already registered users (clients), as well as other fraudulent actions in order to participate in the Program, are not allowed.
Participants explicitly acknowledge and agree that any form of fraudulent activity, including but not limited to manipulation, deceit, or any attempt to exploit the terms of this Program, is strictly prohibited.
The Organizer reserves the right to disqualify Participants who are in breach with this Clause. Such disqualification may result in the forfeiture of Benefits (if any have been provided) and adjustment of all connected Trading Operations and other activities and their results.
Participants are solely responsible for ensuring their compliance with laws and regulations of their jurisdiction related to their participation in this Program.
Participants are solely responsible for all consequences, including but not limited to any tax and financial implications, arising from the Benefits received during or under this Program.
The Organizer reserves the right to modify, suspend, or terminate the Program at any time without prior notice, including prior to the expiration of the Program Period.
Participants are required to independently monitor for any updates by checking the Organizer’s Website.
The terms used herein with a capital letter such as “Account”, “Real Account”, “Deposit”, “Withdrawal”, etc. shall be interpreted in accordance with Binomo Client Agreement published on https://binomo-investment.com/ (the “Client Agreement”).
In all matters not expressly covered by these Rules the Client Agreement applies.
By taking part in the Program, the Participant gives their express and free consent to the Organizer to collect and process their personal data, including name, surname, nickname on Binomo (if any), Binomo user ID, contact details, phone number and other data. In addition, the Participant consents to the publication of their name, surname, nickname on Binomo (if any), Binomo user ID in the Organizer’s channels, groups and communities in social media, as well as in promotional and other materials of the Organizer.
The Participant can withdraw their consent by sending a notification to the email address .
Participants expressly acknowledge that the Organizer bears no responsibility for any consequences, financial or otherwise, arising from their participation in the Program. Participants engage in the Program at their own risk and discretion.
The Organizer is not responsible, including but not limited to, for the following:
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