Promotion rules

1. The minimum insurance amount: $100
2. The maximum insurance amount: unlimited
3. In order to get compensation from the company 2 main conditions should be fulfilled - a client has to trade a certain amount of lots (it depends on insured amount) and the insured event should  occur
4. An insured event occurs when a trader’s account balance is 10% or less of insured amount.
5. Spread is 1 pip wider for all tools on insured account
6. There are no time restrictions for a client to trade the required amount of lots
7. If a client has less than 50% of required lots traded at the time of insured event occurs promotion participation will be stopped and traded lots will be lost
8. If a client has 50% or more of required lots traded, a part of insured amount will be compensated in compliance with the following conditions:
   • If a client traded from 50% to 70 % of required lots by the time of insured event occurred, 30% of insured amount will be compensated
   • If a client traded from 71% to 90 % of required lots by the time of insured event occurred, 40% of insured amount will be compensated
   • If a client traded from 91% to 99 % of required lots by the time of insured event occurred, 50% of insured amount will be compensated
9. If a client credits his/her trading account after insuring, there is always an opportunity to increase the insured amount
10. It is not allowed to lower the insured amount
11. It is allowed to withdraw from an insured trading account; the balance shouldn’t be less than an insured amount after withdrawal
12. In order to cancel 1 pip spread widening, as soon as required volume is traded, a client needs to contact FBS Customer Care
13. After insured event occurred a client has to contact FBS Customer Care
14. Insured amount is credited back to a trader’s account in 2 business days after checking application in case all the conditions have been fulfilled
15. A client has the right to cancel his/her insurance anytime. In this case the amount insured will not be compensated (neither entirely nor partially).