RFR Bonus policy

Bonus Policy

Below is a list of the main terms and conditions regarding CWOption’s Bonus and other promotional program.
Binary options traders who wish to benefit from CWOption’s promotions need to understand that any trader can benefit from ONLY ONE promotion/offer at a time.
Traders should also note that all refunds are given as bonus, unless specified otherwise.
All bonuses on CWOption will be given upon request only.
Binary Options traders should contact their account managers for more information about promotions and bonuses.

Refer a Friend Bonus

You will be entitled to receive the Refer a Friend Bonus (the “RF Bonus”) if:
(i) Following a referral by you of a friend to CWOption (in accordance with the referral procedure of CWOption), the friend opens a user account with CWOption, deposits at least USD 100 in his account and performs a trade via the Site; provided that the friend never had a user account with CWOption (such a friend will be deemed a “Friend”), and (ii) Prior to the Friend opening an account with CWOption, you had a valid user account with CWOption, deposited USD 100 (at least) in your account with CWOption and performed a trade via the Site.

The sum of the Bonus will be USD 100 that will be deposited in the user accounts of both the Referee and the Friend. Each of the Referee and the Friend will be allowed to redeem the Bonus for withdrawal purposes only after making trades in the volume of at least 30 (thirty) times the sum of the Bonus.

If you are entitled to receive the RF Bonus, the Friend will be entitled to receive an RF Bonus as well.

If either you or the Friend are entitled to receive any other bonus, prize or benefit from CWOption in connection with the activities that give rise to the entitlement to the RF Bonus, then you and the Friend will receive the higher of the RF Bonus or the other bonus, prize or benefit – to be decided at the sole discretion of CWOption.

If, at any time before you or the Friend receive the RF Bonus, your or the Friend’s account with CWOption at the Site is closed, blocked, or self-excluded from promotional offers, neither the Friend nor you will be eligible for any RF Bonus.

The sum of the RF Bonus will be USD 50 that will be deposited in the user accounts of you and the Friend. You and the Friend will receive the RF Bonus in your user accounts within two business days from the date in which you are entitled to receive the RF Bonus in accordance with these terms and conditions.

There is no limit on the number of RF Bonuses you may receive, subject to these terms and conditions.

For the avoidance of doubt, it is hereby clarified that an RF Bonus will be granted once per Friend.

CWOption’s decision is final on all matters relating to the awarding of the RF Bonus and shall not be subject to review or appeal by you or any third party.

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