Boost Promotion
Terms and Conditions
1. Introduction
ALPARI is running Boost (the “Promotion”) and invites select Clients of ALPARI to register. By registering and participating in the Promotion, you agree to be bound by the terms and conditions (the “Terms”) set out below.
2. Interpretation of terms
2.1
In this Program: “Account” means a Client’s trading account with ALPARI into which the Client deposits within the Promotion Period a Deposit.
“Boost” refers to a temporary increase in the Reward Points Clients earn when trading specific instruments during the defined Promotion Period. Boosts can include multipliers (e.g., 2x Reward Points) or additional fixed Reward Points per lot traded.
“Eligible Instruments” refers to specific financial instruments targeted for the Point Boost during the Promotion Period as outlined in the app/website.
“Operative Agreements” refers to agreements entered between the Client and ALPARI governing all trading activities, including the Client Agreement, Policies, and Terms of Business, which can be found on the Website and may be amended periodically.
“Promotion Period” refers to the period during which the Point Boost will apply.
“Standard Lot” refers to a standardized quantity of the instrument being traded. In Forex, one Standard Lot equals 100,000 units of a particular currency.
“Reward Points (RP)” refers to the points earned by Clients based on their trading activity during the Promotion Period.
"Websites” refer(s) to www.alpari.com.
2.2
Any words not defined herein shall have the meaning provided in the Operative Agreement.
2.3
All times referred to herein shall mean Eastern European Time (EET/EEST), as applicable.
3. Eligibility criteria
3.1
To participate in this Promotion, you must meet the following requirements:
a) You are either an existing or new Client of ALPARI, or a dormant Client of ALPARI, who is eligible to trade in accordance with and has agreed to the Operative Agreements;
b) You maintain an eligible live trading account with ALPARI (Micro and Managed accounts are excluded), meeting the applicable deposit and/or other requirements set by ALPARI;
c) You accept the Terms of this Promotion; and
d) You must trade Eligible Instruments during the specified Promotion Period to earn additional Reward Points.
4. Point Boost details
4.1
ALPARI will configure specific Boosts during the Promotion Period, which may include:
a) Reward Multipliers: E.g., 2x Reward Points for every Tier Point (TP) earned on eligible instruments.
b) Fixed Points: E.g., 100 extra Reward Points for each lot traded on eligible instruments during the Promotion Period.
c) Custom Conditions: Boosts may apply to specific instruments and be limited to particular timeframes or caps on rewards per user.
4.2.
To benefit from the Point Boost, you must trade the eligible instruments during the Promotion Period. The Point Boost will automatically apply to qualifying trades, and additional Reward Points will be earned accordingly.
4.3.
After completing a trade that qualifies for the Boost, the additional Reward Points earned will be displayed in the Reward Points History, showing the base points and the extra points added due to the boost. The Boosted trades will be displayed with clear indication of the extra points earned on each trade.
4.4.
ALPARI may set a cap on the total number of Reward Points that can be earned by each Client during the Promotion Period. Once the cap is reached, no further boosts will be applied to that Client, but normal points will continue to be earned.
5. Specific promotion terms
5.1.
The Point Boost will apply to the eligible instruments using either Reward Multiplier or Fixed Reward Points based on lot traded. This Boost will only apply to the trades completed during the Promotion Period as defined in the Promotion details.
Example Boost Scenario:
If the 2x Reward Points Boost is applied to an Eligible Instrument, you will earn double the Reward Points for each Tier Point (TP) completed.
5.2.
The extra Reward Points earned through the Point Boost will be automatically credited to your trading account after each qualifying trade. These points will be visible in your Reward Points History, showing the additional points earned due to the Boost.
5.3.
The maximum number of Reward Points that can be earned by any Client will be applied individually for each Boost and will be determined by Alpari at its sole discretion. Once the maximum reward is reached, no further trades will earn additional points under the Point Boost, though normal Reward Points will still be earned.
6. Miscellaneous
6.1.
If there is any dispute or misrepresentation related to this Promotion, such dispute shall be resolved by ALPARI, acting in good faith and at its sole discretion. ALPARI’s decision will be final and binding.
6.2.
ALPARI reserves the right, at its sole discretion, to disqualify any Client from participating in the Promotion and/or withdraw the Benefit and/or any associated benefits if:
a) A breach of these Terms and/or any term of the Operative Agreements occurs;
b) ALPARI has reasonable grounds to believe there has been misuse of this Promotion or the Benefit; and
c) The Client acts in bad faith or fraudulently, or in any manner inconsistent with these Terms.
6.3.
The Benefit is non-transferable between ALPARI trading accounts and can only be withdrawn by the Client upon successful completion of the Minimum Number of Lots within the Promotion Period from the date the Benefit is credited in MyALPARI, and when all Terms are satisfied. The Benefit will be removed if the Terms of this Promotion are not met.
6.4.
Any indication or suspicion of fraud, manipulation, or deceitful activities related to the Benefit will nullify all transactions executed and any profits or rewards accrued.
6.5.
ALPARI reserves the right to alter, suspend, cancel, or terminate this Promotion at any time, at its sole discretion, without liability.
6.6.
In case of discrepancies between translated versions of the Terms, the English version will prevail.
Example:
A Client trades 1 lot of a Forex instrument that qualifies for a 2x Reward Points Boost. Normally, 1 RP (Reward Point) is earned per lot. With the 2x boost, the Client will earn 2 RP for that 1 lot trade. If this trade qualifies during a Promotion Period and the Client trades multiple lots, all qualifying trades will earn double the normal Reward Points.
