Terms & Conditions - Credit Bonus

1. Switch Markets International PTE Ltd offers this “Credit Bonus” campaign as a special promotion, available only in select cases and granted exclusively to a designated group of participants. This Special Bonus is non-transferable and may only be used by the original recipient.

2. Deposit Credit Bonus

To qualify for the Credit Bonus, a minimum deposit of $50 or an equivalent amount in your account’s base currency is required. Equivalent amounts (for both the minimum and maximum deposits mentioned below) in other currencies may be approximate and are determined solely by Switch Markets, at its discretion, based on supported currencies and internal rate calculations. The equivalent value is not necessarily fixed to live or interbank exchange rates and may be adjusted for operational or promotional reasons.

Eligible participants can receive a 100% Credit Bonus based on the cumulative total of all deposits made to the trading account over time, not per individual transaction, and are subject to approval by Switch Markets.

The maximum Credit Bonus granted is $5,000 or an equivalent amount in your account’s base currency. This maximum applies on a per-client basis, regardless of the number of trading accounts or cumulative deposits.

The Credit Bonus is credited either automatically if the client is eligible, has agreed to the Terms & Conditions of the bonus in the Cabinet, and meets all applicable criteria; or upon request submitted via 24/7 Live Chat or by emailing support@switchmarkets.com after the deposit has been made, the Terms & Conditions have been accepted, and the client meets the eligibility criteria.

3. Additional Credit Bonus Eligibility Conditions

a) The Credit Bonus must be requested and applied before any trading activity occurs on the account. If trading has started prior to the Credit Bonus request or crediting, Switch Markets reserves the right to deny the Credit Bonus.

b) The Credit Bonus must be requested within 72 hours of the qualifying deposit. Requests made after this time may not be eligible.

c) Clients from the following regions are not eligible for the Credit Bonus: European Union, Turkey, India, and Zimbabwe. Additionally, Switch Markets reserves the right, at its sole discretion, to restrict Credit Bonus eligibility for any other jurisdiction or client.

d) Any trading activity before the Credit Bonus is credited may render the client ineligible to receive it.

4. Credit Bonus-to-Equity Matching Rule

The total Credit Bonus amount on any trading account must never exceed the value of the real client funds (equity) held in the account. The Credit Bonus will be granted and maintained at a maximum 1:1 ratio to the client’s actual deposited funds.

If at any point the Credit Bonus amount exceeds the real equity (due to losses or withdrawals), Switch Markets reserves the right to decline any new Credit Bonus requests or to adjust the Credit Bonus amount accordingly to maintain a 1:1 ratio with real equity.

This adjustment may be applied at any time without prior notice to ensure alignment with risk management and Credit Bonus policy rules.

5. The Credit Bonus is granted as margin credit and serves only as additional free margin, increasing the available funds for trading (e.g., opening or maintaining positions). It is not part of the account balance, cannot be withdrawn, and cannot be used to cover trading losses (including floating losses or drawdown). The Credit Bonus is credited to the same trading account where the client’s deposit was made and approved by Switch Markets. The Credit Bonus is non-transferable between trading accounts and may only be used on the account to which it was originally credited.

6. The Credit Bonus funds remain the sole property of Switch Markets.

7. The Credit Bonus is available only to eligible clients who successfully complete Switch Markets’ onboarding procedures, including all required anti-money laundering (AML) and counter-terrorism financing (CTF) checks.

Switch Markets reserves the right, at its sole discretion, to accept or reject any new account application.

8. By participating in this promotion, you acknowledge that you have read, understood, and agreed to be bound by these promotional Terms & Conditions and any future revisions, as well as the general Switch Markets Account Terms, available at https://www.switchmarkets.com.

9. Any disputes or situations not explicitly covered by these Terms and Conditions shall be resolved by the management of Switch Markets International PTE Ltd in a manner deemed fairest to all parties involved. Such decisions shall be considered final and binding on the Participant.

10. This offer may not be combined with any other promotion or offer, unless expressly approved by Switch Markets.

11. Switch Markets reserves the right, at its sole discretion, to alter, amend, or terminate this promotion, or any part of it, at any time without prior notice. Any such changes, if made, will be published on the Switch Markets website.

12. Participants are strongly encouraged to regularly review these Terms and Conditions and any related updates. By continuing to participate in this promotion and use Switch Markets’ services, you acknowledge and agree to be bound by any amendments or alterations made to the promotion.

13. Switch Markets shall not be liable for any loss (including, without limitation, indirect, special, or consequential loss, or loss of profits), costs, expenses, or damages arising in connection with this promotion or the opening of a live trading account with Switch Markets.

14. 14. If Switch Markets suspects that a Participant has abused, attempted to abuse, or otherwise acted in bad faith in relation to this promotion, it reserves the right to deny, withhold, cancel, or withdraw any amounts — without prior notice.

If necessary, Switch Markets may also cancel the Terms and Conditions of this promotion, revoke the client agreement with respect to that Participant (either temporarily or permanently), and/or terminate access to services or block the Participant’s account(s) — without prior notice.

15. Switch Markets shall not be held responsible for any technical malfunction of communication networks, or for any late, lost, incorrectly submitted, delayed, illegible, incomplete, corrupted, or misdirected entries, whether due to error, transmission interruption, or any other reason beyond its control.

16. These Terms and Conditions are written in English. Any translation into another language is provided for convenience only. In the event of any inconsistency or discrepancy between the English version and any translated version, the English version shall prevail.

Important Disclaimers

Auto Stop-Out

The Credit Bonus will be automatically deducted without prior notice when your real funds are depleted (i.e., when your floating losses equal your real funds). Once the Credit Bonus is removed, a stop-out will be triggered, leading to the liquidation of all open positions. This process is automatic and non-negotiable.

Margin Level Considerations

Please be aware that the 100% Credit Bonus affects the margin level percentage displayed in your account. As a result, the margin level may not accurately reflect your true risk exposure.

Bonus Reduction on Withdrawal

Withdrawals made while holding an active Credit Bonus will result in a proportional reduction of the bonus amount. The deduction will reflect the percentage of your withdrawal relative to your real (non-bonus) balance. For example, if your account holds $500 in real funds and $1,000 in bonus, and you withdraw $250 (50% of your real balance), 50% of your bonus ($500) will also be deducted. This process is automatic and applies to all withdrawals.