Ace Stop-out Insurance terms and conditions
1. General terms
1.1.The promotion is valid from 1st of Aug 2020 to Oct 31st 2020.
1.2 The Company reserves the right to change the conditions or refuse to grant a bonus at any time.
1.3 The Company reserves the right to cancel the promotion at any time.
2. Participants
2.1 Promotion is valid only for the live account holders of AceFxPro with a minimum investment of $200.
2.2 Only verified users can participate in the promotion. For verification, you should upload the scan of your ID and address proof to the Traders room. The organizer reserves the right to require additional documents for identification.
2.3 Types of accounts involved in the promotion: Standard, Pro, Ultimate, Swap-free.
2.4 The employees of the Company and their families can’t participate in the promotion.
2.5 The participant should read these terms carefully and follow these rules. Ignorance of the terms can't serve as a valid argument when submitting a claim.
2.6 Other promotions of the Company can't be applied to the account participating in this promotion.
2.7 Only a private individual can take part in the promotion.
3. Stop-out Insurance details
3.1 Ace Stop-Out insurance is active for all live accounts. Part of your capital funds are insured against losses in case of an account stop-out.
3.2 Amount insured is in correlation with your investment in particular MT5 account.
Investment Amount insured
$200 - $499 10% of the capital
$500 - $999 15% of the capital
$1000 and above 20% of the capital
3.3 Maximum insurance claim is limited to $500 per account.
4. Getting the bonus
4.1 You are eligible to claim the stop-out insurance if your account has been stopped out and all the trades are closed.
4.2 You can receive the insurance claim by contacting your account manager or support team on support@acefxpro.com
4.3 Once the request has been approved, your account will be rebated with an amount equal to the insured amount. In case of any negative balance, account balance will be adjusted before releasing the rebate to the account.
4.4 Once received, you can resume normal trading activity in the account with no restrictions.
4.5 Client can only be allowed to withdraw the insurance rebate after completing the lot size requirement.
4.6 Lot size requirement is calculated by (Rebate amount*0.2 = Lot size requirement).
5. Withdrawal of Profits
5.1 All profits client gain by trading with Rebate amount can be withdrawn immediately.
5.2 Maximum amount that can be withdrawn is equal to the rebate amount received.
5.3 Once the lot size requirement is completed, rebate amount and further profits can be withdrawn without any restrictions.
6. Regulations
6.1 Affiliate commission isn’t granted for trades in any accounts that has an insurance rebate.
6.2 Rebate funds are Company’s property.
6.3 Any other bonuses or promotions in the account will be cancelled should you wish to apply for a Stop-out insurance rebate.
7. Claims
7.1 All claims can be sent to the email: support@acefxpro.com
7.2 All claims should include the participant’s name and address, account number and a thorough description of the problem.
