Liquidity Advance Promotion
Terms & Conditions

The Liquidity Advance Promotion is offered by Banxso (PTY) Ltd, Registration No.2021/119980/07.(the “Company”) to its clients in accordance with the following Liquidity Advance Terms, which will come into effect upon Client’s acceptance of the application, and/ or by accepting a Liquidity Advance into the Client’s trading account (“Account”).

By receiving a Liquidity Advance into the Account, the Client acknowledges that he has read and agreed to be bound by the Terms and Conditions of this promotion.

The Liquidity Advance amount provided by the Company to the Client’s trading account for the benefit of the Client, and subject to the below Terms and Conditions.

These Liquidity Advance Terms apply to all Liquidity Advance promotions referenced or listed on the Banxso website, affiliated sites, or distributed in any, and all, forms of electronic communication. The Liquidity Advance Promotion may only be applied for on one Account per client. No Liquidity Advance may be transferred between Accounts. The Company reserves the right to offer or deny any Client the opportunity to receive the Liquidity Advance, for any reason and as per the sole discretion of the Company.

High Risk Warning: The Liquidity Advance provides an increased amount of additional buying power which is further increased by the available leverage. Accordingly, when a client trades with leverage and additional buying power provided by the Liquidity Advance, they must be very cautious as it carries a high risk of losing the entire invested amount.

The Liquidity Advance should be applied for only if the client fully understands the risks associated.

1. The Liquidity Advance promotion varies from client to client based previously agreed upon commitment amount between the client and their respective Success Manager.

2. The Company has the right to amend or terminate any Liquidity Advance promotion at its sole discretion, and at any time without notice. The Company reserves the right to cancel or reject Liquidity Advance promotions at its sole discretion.

3. Where the Client is provided with Liquidity Advance into his Account, the client shall not be able to withdraw Liquidity Advance amount allocated to his account prior to the full deposit of the entire amount (including committed amount). which should occur within one week (7 days) from the date of the receipt of the Liquidity Advance.

For example, if you have made a deposit of R25,000 and a Liquidity Advance of R100,000 a week later the client must have fulfilled and re-deposited the committed amount which is the difference between the deposit and the allocated liquidity Advance.

For illustration purposes only, see the below example:

Client initial Deposit: R 25 000

Liquidity advance: R 100 000 (Deposit + Committed amount)

Required Redeposit Amount: 75 000 to be fulfilled 1 week from liquidity advance allocation.

(Calculation: Initial Deposit – Liquidity Advance = Required Redeposit Amount)

4. To be eligible for this promotion the client must trade the entire Balance of the account which includes the committed amount.

5. For margin call calculations, the entire Free Margin of the account including the Liquidity

Advance amount will be considered.

6. Notwithstanding the above, the client is always able to withdraw their Available Balanceexcluding the Liquidity Advance even prior to depositing the committed amount.

“Available Balance” is referred to the original deposit plus/minus profits/losses and without any portion of the Liquidity Advance amount.

7. The receipt of a Liquidity Advance is subject to a Required Volume which must be traded and is in accordance with the Bonus Disclosure published on the website. In addition, if the Required Volume is not met, and client’s Available Balance becomes zero, the Liquidity Advance shall be cancelled and removed from the client’s trading account.

8. The Client acknowledges that the Liquidity Advance shall be provided for a limited period of 1 week as agreed upon by the Company and the Client (“Term”). Following such Term, the Liquidity Advance shall be automatically removed from the Clients Trading Account.

9. The Client acknowledges that the removal of a Liquidity Advance from the Account (due to the lapse of the Term and/or the initiation of a withdrawal request and/or any other reason) may affect the Account and, inter-alia, affect the status of the open trading positions. The Client further acknowledges that the Company will not be liable for any consequences of the Liquidity Advance cancellation and/or removal, including but not limited to, order(s) closure by stop out etc.

10. In the event of any indication of fraud, manipulation, arbitrage, and/or any other forms of deceitful or fraudulent and/or abusive trading activity by the Client (“Fraudulent Activity”), the Company will have the right to:

1) cancel the Liquidity Advance and/or any trades and/or trading profits/losses associated with Client Account.

2) terminate Client access to services provided by the Company and terminate the commercial engagement with such Client; and

3) block the Client’s Account. The Company shall have no liability or responsibility whatsoever in this respect.

11. Company reserves the right to change and/or update and/or cancel the Liquidity Advance Terms at any time, and for any reason whatsoever, by posting the new Liquidity Advance Terms on the Website and/or removing the Liquidity Advance Terms from the Website. The Company will not be held responsible in any way whatsoever for Client’s failure to act in accordance with these Liquidity Advance Terms and/or to adhere to any changes made to these Liquidity Advance Terms.

12. These Liquidity Advance Terms are subject to the Company’s General Terms and Conditions posted on the Website.

13. I am fully aware of the risks involved in leveraged trading and specifically aware of the risks of receiving a Liquidity Advance into my trading account. I further acknowledge that trading with the Company carries a high level of risk of losing all my investments.

14. I have read and understood all the above and I wish to accept the Liquidity Advance.

I hereby irrevocably acknowledge and confirm that:

I, ___________________________ am the owner of the trading Account with Banxso (Pty) Ltd (the “Company”) through the www.banxso.com website (the “Website”), identified with account number __________________________ (the “Account”).

I agree to receive a Liquidity Advance of ______________________ (the “Liquidity Advance”) into the Account.

I hereby agree to a re deposit amount of __________________ the (“committed amount”) into the Account no later than 1 week after the consent and acknowledgement to these terms and conditions.

I have read, understood, and agree to the Liquidity Advance Terms posted on the Website, which applies to the Liquidity.

Registered Email Address:

Registered Client Account Name:

Liquidity Advance commitment

amount

Date:

Client Signature:

Last updated: 17/08/2023.