Gift Promotion Terms

NEMO1is running the “NEMO Gift Promotion” (the “Promotion”) which is applicable to the Clients from the Eligible Country. By participating in the Promotion, you agree to be bound by the Terms and Conditions (the “Terms”) as set out below.

1. In this Promotion:
   
   “Account” means your trading account with NEMO into which you will make a deposit during the Promotion Period;
   
   “Active Period” means 30 (Thirty) consecutive calendar days which start to run from the day you receive the Benefit;
   
   “Benefit” means the amount which you will be eligible to receive in your Account; The prize value will be credited directly to your Nemo wallet, from where you can transfer these funds to any of their trading accounts and/or use it to trade.
   
   “Deposit” means the first amount you deposit, subject to a minimum deposit of 50 USD, as one transaction into your Account during the Promotion Period to activate and qualify for this Promotion;
   
   “Eligible Country” means United Arab Emirates;
   
   “Operative Agreements” means the agreements defined in the Terms of Use on our Website and as amended from time to time.
   
   “Promotion Period” means 1st November 2023 until NEMO terminates the Promotion.

2. Any words whose meaning is not defined herein shall have the meaning provided in theOperative Agreements.

1. To participate in this Promotion, you must meet the following requirements:
   
   a) You are an approved new client of NEMO, eligible to trade in accordance with, and have agreed to, the Operative Agreements;
   
   b) You run a live trading Account with NEMO as per the applicable requirements of NEMO;
   
   c) You have read and accepted these Terms;
   
   d) You have made a Deposit in your Account during the Promotion Period as set out in these Terms.

1. Irrespective of the number of trading accounts that you have in NEMO, this Promotion is applicable for one Account per Client.

2. Transfers between accounts will not be considered as deposits for the purposes of this Promotion.

3. The Deposit cannot be withdrawn before the Terms have been satisfied or the Promotion expires.

1. The Benefit is calculated as 50% of the Deposit you make, with a maximum available Benefit to each client of a total of 50 USD during the Promotion Period.

2. The Benefit will be provided in the form of the prize value directly credited to your Nemo wallet in accordance to the value of the Benefit as stated in clause 5.1 above.

3. The Benefit will be made to your Account within 3 (three) working days after the Deposit has been successfully made to your Account within the Promotion Period.

4. The Benefit will be available for trading or sale in your Account within 3 (Three) days from the date you receive the Benefit in your Account.

5. You may transfer these funds to any of your trading accounts and use it to trade as you like.

1. NEMO reserves the right, as it in its sole discretion deems fit, to alter, amend, suspend, cancel, or terminate the Promotion at any time. In the event of modifying the Terms, NEMO will give such notice to the Client if required by applicable legislation. Under no circumstances will NEMO be liable for any consequences of any alteration, amendment, suspension, cancelation, or termination of the Promotion.

2. Any indication or suspicion of fraud, manipulation, or other forms of deceitful or fraudulent activity in a client’s account or multiple accounts with NEMO or otherwise related or connected to the Benefit shall nullify all transactions carried and/or profits or losses garnered therein.

3. NEMO reserves the right, at its sole discretion, to disqualify any individual that NEMO suspects, misuses or attempts to misuse the Benefit or breaches the present Terms and/or any of NEMO’s Operative Agreements and to cancel all orders and annul all profits of such client. If NEMO, inits sole discretion, suspects any Benefit arbitrage or any misuse or attempts to misuse theBenefit, and the client has open positions, NEMO reserves the right to withdraw the Benefit. In these circumstances, NEMO shall not be liable for any consequences of the Benefit cancelation.

4. Notwithstanding the translated language of this document, the English wording shall be the binding version in the event of any discrepancy between the two languages.