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Xmas Shopping Craze 2016, offered by
Ouroboros Derivatives Trading Limited ("the Promoter")


    Terms and Conditions:

  • The Xmas Shopping Craze promotion (the "Promotion") will run from 00:01 on November 14th, 2016 until 23:59 on December 16th, 2016 (“Promotion Period”). All times appearing in this Promotion are GMT.
  • A trader must register via the Promotion's webpage during the Promotion Period in order to participate in the Promotion; any other registration will not allow the trader to participate in the Promotion. The Trader in entering the Promotion acknowledges that he is of sound mind and capacity, is of legal age according to the laws of the traders domicile jurisdiction, is eligible to participate in the Promotion, fully understands and acknowledges the Terms and Conditions of this Promotion.
  • Points will only be counted from the moment of registration onward. Points will not be calculated retroactively prior to a trader’s registration date – unless decided otherwise by the trader’s account manager.
    • The Promotion is only available for individuals residing and or domiciled within the European Economic Area and South Africa. Any individuals that are residing and/or domiciled outside the aforementioned areas will automatically be ineligible to participate and will be excluded from the Promotion.
    • All Participants are subject to Know-Your-Customer requirements, as per the Cypriot Law and Regulations of the Cyprus Securities and Exchange Commission, and shall provide the required documentation upon the Company’s request.
  • Each of the following actions will entitle a trader to the number of points appearing next to each action:

    Action Number of Points
    Registering to the Promotion (1 registration per participant) 100
    For every trade 5
    $500 Deposit 100
    $1000 turnover 250
    5 Successful trades daily 20
    10 Successful trades daily 45
    20 Successful trades daily 100
    50 Successful trades daily 300

  • The Promoter may, at its sole and complete discretion, offer boosters and multipliers to Participants, including but not limited to, the points and point boosters detailed in these Terms and Conditions.

    Boosters If active Notes
    5% on points 1 week Turnover of $1,000 or$ 5,000 weekly deposit
    10% on points 2 week Turnover of $1300 or $10,000 weekly deposit
    15% on points 3 week Turnover of $1800 or $15,000 weekly deposit
    20% on points 4 week Turnover of $5000 or $20,000 weekly deposit
    25% on points 5 week Turnover of $8000 or $30,000 weekly deposit

    • Boosters will be applied at the end of the Promotion.
    • The weeks mentioned in the above table are weeks of trader activity and not promotion weeks.
    • Boosters are accumulative; a trader can only receive a booster if completed the requirements of the booster and that of the previous week booster.
  • All qualifying trades made during the Promotion Period will be counted for the purpose of the Promotion.
  • Only trades in the binary options arena will be considered for purposes of this Promotion. Trades made in the Bubbles, Option +, Dynamics, One Touch and Long Term arenas will not be considered as qualifying trades for the purposes of this Promotion.
  • Opposing trades that are placed on the same asset with the same expiry time will be considered as a single trade for the purpose of the challenge (calculated as = sum of the two investments divided by two).
  • The points may not be transferred from one Trading Account to another.
  • The points may not be accumulated by more than one Trading Account and/or trader and cannot be joined together by more than one Trading Account and/or trader.
  • At the end of the Promotion Period, and for a period of one month from the end of the Promotion Period ("Exercise Period"), the trader may redeem the points accumulated by him / her according to the following table.
  • Any communication during the promotion period which provides information about point accumulation progress will not be considered final until the promotion ends and a final confirmation of points will be calculated.

    PRIZES:

    Prizes Points Required Comments
    Car 1,122,000 Audi A1
    Thailand 406,000 Package for 2 including flight s and accommodations
    Champions League game 260,000 Package for 2 including flight s and accommodations
    Smart TV 152,500 Retail price. No commitment to a specific brand
    Mac Book 88,500 256GB SSD with 8GB memory or equivalent value
    Hennessy Cognac XO 69,000 Hennessy Cognac XO 70cl or equivalent value
    iPhone7 54,900 128GB or equivalent value
    Air Drone 45,900 Chersson Drone 5.8g 4CH or equivalent value
    Michlen Star Dinner 35,400 Value of 600$ or equivalent value. No including transport and accommodations if required
    Bose Speakers 28,500 Soundtouch 30 sereie III wireless or equivalent value
    Xbox One 22,040 Xbox one 500GB plus game package
    GoPro Hero4 Silver 18,300 Or equivalent value
    Apple Watch 15,950 Apple 42mm sport watch
    Victoria's Secret Gift Card 13,200
    ToyrUS gift card 8,400
    Double the points - 2nd time 3000
    50 USD CASH 1800 Provided you have unlocked booster #1
    25 USD CASH 750 Provided you have unlocked booster #1
    Risk-Free Investment 330 No Wagering - Max Trade = 25. Provided you have unlocked booster #1
    Double the points - 1st time 130

    • Traders can redeem their points for any combination of prizes. Combinations are for physical prizes only and do not include: Risk Free trades, doubling of points and cash bonuses.
    • Traders may not redeem their points for the same prize more than 5 times.
  • All prizes are subject to availability. In the event that the prizes do not become available within 30 days from the lapsing of the Exercise Period, the Company will offer the Client a similar prize of equivalent value.
  • Failure to redeem the points during the Exercise Period will result with the forfeit of the points, and the trader will have no claim of any kind against the Promoter.
  • No other prizes are available, and the points may be redeemed solely in accordance with the table in section 5 of these terms and conditions.
  • Upon selecting a prize, the trader agrees that Ouroboros Derivatives Trading Limited will pass along any relevant details of the trader to any parties required, including but not limited to shipment companies and suppliers, in order to provide the prize to the trader.
  • The recipients of the prizes shall be solely responsible for paying any relevant costs and/or taxes (including, but not limited to, customs and VAT) levied in relation to the delivery or receipt of the prizes.
  • Vacation in Thailand prize:
    • The prize Includes flights and accommodation for 7 nights in Bangkok or koh-samui for two individuals.
    • Flights may not be direct flights and the destination airport may change depending on the country of origin.
    • Personal expenses, tips, cost of visa (if applicable), health insurance, travel insurance, transportation and/or any other expenses in addition to flights and accommodation are the sole responsibility of the trader and are not included in the prize offered by the Promoter.
    • The trader acknowledges that he/she is responsible for the provision of a valid passport with at least 6 months’ validity as well as visa (if applicable) for the redemption of this prize.
  • Car prize:
    • [Audi A1] – Audi A1 1.0 TFSI Sportback Ultra
    • The trader acknowledges that he/she is responsible for ensuring that he/she is a holder of a valid driving license and insurance in order to legally use the vehicle in the domicile jurisdiction of the trader.
    • The prize includes the cost of the acquisition of the car only. The Client acknowledges that he/she is solely responsible for the delivery and registration of the car in the domicile jurisdiction of the trader and any costs associated with the above.
    • The trader acknowledges that the Company bears no responsibility for any illegal act or acts that take place involving the Prize.
    • The trader agrees to indemnify and hold harmless the Promoter in the event of any damages or costs that may arise in connection to the Redemption, delivery and/or use of the Prize.
  • For Champions League Game prize:
    • The prize includes flights, accommodation and match tickets for two individuals.
    • Flights may not be direct flights and the destination airport may change depending on the country of origin.
    • Personal expenses, tips, cost of visa (if applicable), health insurance, travel insurance, transportation and/or any other expenses in addition to flights, accommodation and match tickets are the sole responsibility of the trader and are not included in the prize offered by the Promoter.
    • The trader acknowledges that he/she is responsible for the provision of a valid passport with at least 6 months’ validity as well as visa (if applicable) for the redemption of this prize.
  • The mention of or reference to producer, manufacturer or vendor within this Promotion does not express or imply any association with or endorsement by such producer, manufacturer or vendor of the Promoter and/or the Promoter's products or services and no association or endorsement is intended or should be inferred.
  • The Promoter shall be purchasing the prize from a third-party vendor and is therefore not responsible for the quality and condition of the Prizes and/or their delivery dates to the traders, and the trader expressly waive any claims against the Promoter in this regard. Notwithstanding, to the extent that the manufacturers of the prizes provide a warranty, the Promoter is not party to any such warranty, and will not be responsible for the nature, content, use or implementation of such a warranty, and the manufacturer(s) will be solely responsible for it.
  • The Promoter makes no warranties, and hereby disclaims any and all warranties, expressed or implied, concerning any prize, or portion of any prize, furnished in connection with the Promotion. If a trader is found to be ineligible or otherwise not in compliance with these terms and conditions, the prize will be forfeited.
  • Any closure of account, whether requested by the Client (trader) or executed by the Company on the basis of Terms and Conditions for the operation of the Trading Platform as published on the Company’s websites, will result in the exclusion of the trader from the Promotion.
    • Derogating from the above, in the event of trading account termination upon the request of the Client or the exercise of the Company’s right under s.15.3 of the Terms and Conditions for the operation of the Trading Platform the trader will be able to redeem the points accumulated in accordance with section 11 of these Terms and Conditions.
    • In the event of trading account termination on the basis of s.15.4 of the Terms and Conditions for the operation of the Trading Platform the trader will forfeit the points accumulated and not be able to redeem the points accumulated in accordance with section 11 of these Terms and Conditions.
  • In the event of successive deposits and withdrawal requests made by the Client, without trading activity equaling at least half the amount of the deposit, will be considered as abuse of the Promotion and the trader will be disqualified from the Promotion.
    • Any behavior or trading activity conducted in bad faith (mala fides) with the purpose of abusing this Promotion will result in the exclusion of the trader from the Promotion.
  • In the event that a trader is found to have violated and/or breached the Terms and Conditions for the operation of the Trading Platform as published on the Company’s websites the trader will be excluded from the Promotion.
  • The trader, fully understands, agrees and consents to the use of his/her full name and image in any marketing, promotional and/or publicity material. No additional compensation will be made to the trader for the use of his/her full name and image.
  • By participating in the Promotion, the trader agrees to the Promotion's terms and conditions, and to be bound by the decisions of the Promoter, which shall be final and binding in all matters relating to the Promotion.
  • By participating in the Promotion you agree to release, discharge and hold harmless the Promoter, its legal representatives, affiliates, subsidiaries, agencies and their respective officers, directors, employees and agents, from any damages whatsoever arising out of the Promotion, awarding and/or use of the Prizes.
  • The Promoter's employees and any employees of Companies providing services to the Promoter may not participate in the Promotion.
  • The Promotion and these terms and conditions will be governed by the law of Cyprus, and any dispute will be subject to the exclusive jurisdiction of the Courts of Cyprus.
  • The Promoter is not responsible for any typographical or other error herein. The Promoter shall have the right to terminate or amend the Promotion and/or its terms and conditions upon notification to the Client. The Client will be offered the option to continue to participate in the Promotion or to withdraw from the promotion without any cost or consideration. In such an event, the Client will be able to redeem his/her current balance in accordance with the prize list in section 11 of these Terms and Conditions.
  • Without restricting the generality of the foregoing, in the event the Promoter is prevented from continuing with this Promotion due to force majeure, including but not limited to poor participation, or the integrity and/or feasibility of the Promotion is undermined by any event including but not limited to fire, flood, epidemic, earthquake, explosion, labor dispute or strike, act of God or public enemy, satellite or equipment failure, riot or civil disturbance, war (declared or undeclared), terrorist threat or activity, or any federal, state or local government law, order or regulation, order of any court or jurisdiction, or any cause not reasonably within the Promoter's control, the Promoter shall have the right to abbreviate, modify, suspend, cancel, or terminate the Promotion without obligation or liability of any kind.
  • If for any reason the Promotion is not capable of running as planned, including disruptions caused by computer virus, bugs, tampering, unauthorized intervention, fraud, technical failures or any other cause that corrupts, affects or compromises the administration, security, fairness, integrity, proper conduct or intended play of the Promotion, the Promoter reserves the right at its sole and absolute discretion to disqualify any trader deemed responsible and the Promoter further reserves the right to cancel, terminate, modify or suspend the Promotion. The Promoter assumes no responsibility for any error, omission, interruption, deletion, defect, delay in operation or transmission, communications failure, theft, destruction or unauthorized access to, or alteration of, entries, including any erroneous appearance of qualification for a prize. The Promoter is not responsible for any problem or technical malfunction of any telephone network or lines, computer online systems, servers or provider, computer equipment, software, failure of any e-mail or entry to be received by the Promoter due to technical problem or traffic, congestion on the Internet or at any web site, or any combination thereof, including any injury or damage to any person's computer related to or resulting from participation or downloading any materials in this Promotion.
  • WARNING: ANY ATTEMPT BY ANY PERSON TO DELIBERATELY DAMAGE ANY WEB SITE OR UNDERMINE THE LEGITIMATE OPERATION OF THIS PROMOTION IS A VIOLATION OF CRIMINAL AND CIVIL LAWS AND SHOULD SUCH ATTEMPT BE MADE, THE PROMOTER RESERVES THE RIGHT TO SEEK DAMAGES FROM ANY SUCH PERSON TO THE FULLEST EXTENT PERMITTED BY LAW.

The Company encourages experienced traders to participate in this promotion. Traders should fully read and understand these Terms and Conditions, the Terms and Conditions for the operation of the Trading Platform, the Order Execution Policy (Annex E), Risk Disclosure and the information provided on the Investors Compensation (Annex D) as published on the Company’s websites.