Client Agreement
Version 4 · Effective upon acceptance. The same text is shown in the application on first sign-in.
1. GENERAL PROVISIONS
1.1. This Agreement governs the relationship between the trading
platform (the "Service") and the individual who has completed
registration (the "Client").
1.2. By pressing "I Agree", the Client confirms having read and
accepted these terms and consents to the processing of personal data
to the extent described in Section 6.
1.3. The Service is available only to persons aged 18 or older.
2. ACCOUNT
2.1. Upon registration the Client provides accurate information:
email address, full name, and the number of an identity document.
2.2. One account per person and per device is allowed. Creating
multiple accounts in order to receive bonuses repeatedly is
prohibited.
2.3. The Client is responsible for keeping the password safe and for
all actions performed under the Client's account.
2.4. The Service and the bonus program are not available to residents
or citizens of: the United States, Canada, Japan, the United Kingdom,
Australia, New Zealand, Singapore, Hong Kong, Switzerland, Israel,
South Korea, member states of the EU/EEA, or jurisdictions under
comprehensive sanctions. At registration the Client selects the
country of their identity document from the list of eligible
countries; providing false information is grounds for refusing
verification and cancelling bonuses.
3. BONUS PROGRAM
3.1. The Service may credit no-deposit bonuses to the Client. The
parameters of each bonus offer — amount, required trading volume,
payout rate and maximum payout — are defined by the terms of the
specific offer at the moment it is credited and are displayed in the
application (bonus section).
3.2. Bonus funds are available for trading from the moment they are
credited, but cannot be withdrawn until the trading volume
requirements are fully met (the "work-off"). Trading volume is
measured in standard lots: one lot equals USD 100,000 of trade
notional value, for every instrument.
3.3. Only qualified trades count towards the work-off — trades closed
with a price movement of at least the instrument's minimum threshold.
The current thresholds are published at
https://praxdeus.app/thresholds.html and shown in the application (the
information icon next to the "Bonuses" block). The threshold applied
to a trade is fixed at the moment the position is opened and equals
the published value at that moment; later threshold changes do not
affect positions already open. Thresholds may be adjusted by the
Service according to volatility, with the published page updated
before or together with the change.
3.4. When several bonuses are active, the work-off proceeds
sequentially, in the order the bonuses were credited. Once fully
worked off, a bonus is converted into funds available for withdrawal
at the rate and within the payout limit of the corresponding offer.
3.5. Losing bonus funds through trading losses does not cancel the
trading volume requirements: withdrawal of subsequent amounts opens
only after the accumulated requirements have been met.
4. ACTIVITY REQUIREMENTS
4.1. The standard activity requirement is at least one trade within
every 10 calendar days (the parameter may differ in the terms of a
specific offer).
4.2. If the Client makes no trades within the activity period after a
bonus is credited, the bonus is cancelled.
4.3. If trading has started but is then interrupted for longer than
the activity period: open positions are force-closed at the market
price and unworked bonuses are debited; profit is debited only if
none of the Client's bonuses have been worked off. A negative balance
remaining after such debits is reset to zero by the Service.
5. WITHDRAWALS
5.1. Withdrawal is available after verification (Section 6) and only
when there are no open positions.
5.2. Withdrawals are made to the payment account specified by the
Client when creating the request. The Client is responsible for the
correctness of the payment details.
5.3. The withdrawal amount is calculated from the worked-off bonuses
at their rates and within the payout limits of the corresponding
offers.
5.4. Requests are processed manually. The Service may request
additional confirmation before executing a request.
6. VERIFICATION (KYC) AND PERSONAL DATA
6.1. To withdraw funds the Client passes verification: from the email
address provided at registration, the Client sends to the support
address (shown in the application under the "Verification" button):
(a) a photo or scan of the identity document whose details were
declared at registration, and (b) a selfie in which the Client holds
the same document next to their face, with both the face and the
document page clearly visible.
6.2. The submitted documents are checked against the full name and
document number declared at registration, and the selfie is compared
with the photo in the document. A mismatch, an illegible image or
signs of editing are grounds for refusing verification.
6.3. The Service processes the following data: email address, full
name, document number, device identifier, trading history and payout
details — solely for the purposes of providing the services,
verification, executing withdrawal requests and preventing abuse.
6.4. Personal data is not shared with third parties except where
required by applicable law.
6.5. The Client may request deletion of the account and personal data
via support; data required for the Service to meet its legal
obligations may be retained longer.
7. PROHIBITED ACTIONS
7.1. The following are prohibited: multi-accounting; coordinated
trading between accounts aimed at extracting bonuses; exploiting
quote errors; automated access without the Service's approval;
giving third parties access to the account.
7.2. Upon detecting violations the Service may cancel bonuses and any
profit obtained with their use, and suspend or close the account.
8. RISKS AND LIABILITY
8.1. Leveraged trading involves a high level of risk. The Client
understands that all funds on the account may be lost.
8.2. The Service is provided "as is". The Service does not guarantee
uninterrupted availability of quotes or the platform.
8.3. Trades executed at clearly erroneous quotes (a technical failure
of the price source) may be corrected or cancelled by the Service
with notice to the Client.
9. CHANGES TO THE TERMS
9.1. The Service may amend this Agreement and the parameters of bonus
offers. A new version of the Agreement is shown to the Client upon
entering the application; continued use constitutes acceptance.
Changes do not worsen the terms of bonuses already credited.
10. CONTACT
10.1. Questions about the Agreement, verification and payouts — via
the support address shown in the application.