Bonus Terms and Conditions
These terms apply to welcome, deposit, referral, and other promotional bonuses offered by OpenTrader. A specific offer may include additional terms shown with that promotion.
Effective date: 23 July 2026
1. General bonus rules
- Bonuses are promotional trading credit and are not cash.
- Bonuses cannot be withdrawn, transferred, sold, or exchanged.
- You must have one verified and approved OpenTrader account to participate.
- Unless an offer says otherwise, only one bonus of each type is available per person.
- OpenTrader may set a minimum deposit, maximum bonus, campaign period, or eligibility requirement for an individual offer.
2. Welcome bonus without a deposit
A no-deposit welcome bonus may be credited after registration, verification, and account approval. The standard required trading volume is 30 times the bonus amount.
Example: a $50 welcome bonus requires $1,500 of qualifying trading volume before eligible profits connected with the promotion may be withdrawn.
3. Deposit bonuses
A deposit bonus may be awarded after a qualifying deposit is credited. The percentage, minimum deposit, maximum bonus, and campaign deadline will be shown in the relevant offer. The standard required trading volume is 20 times the bonus amount.
Example: a $100 deposit bonus requires $2,000 of qualifying trading volume. The client's original deposit is not included when calculating the multiplier unless the individual offer clearly states otherwise.
4. Referral bonuses
A referral bonus may be awarded when a new client uses the correct referral link or code, completes registration and verification, and meets the qualifying conditions shown in the referral offer. Self-referrals and duplicate accounts are not permitted.
The standard required trading volume is 10 times the referral bonus amount. Unless an offer states otherwise, the volume requirement applies to the person receiving the referral bonus.
5. How qualifying trading volume is calculated
- Qualifying volume is the aggregate notional value of eligible closed trades.
- Only trades opened after the bonus is awarded count toward the requirement.
- Cancelled, reversed, rejected, voided, duplicated, or fraudulent trades do not count.
- Wash trading, self-dealing, coordinated trading, risk-free hedging, or activity intended mainly to unlock a bonus does not count.
- OpenTrader's platform records determine the qualifying volume completed.
6. Withdrawals and bonus cancellation
A withdrawal request made before the applicable volume requirement is completed may cancel the remaining bonus. Any withdrawal remains subject to the general Deposit and Withdrawal Policy, account review, open positions, available funds, and other platform requirements.
7. Expiry
Unless an individual offer states otherwise, a bonus expires 90 days after it is credited. Any unused bonus may be removed when it expires.
8. Abuse, errors, and disqualification
OpenTrader may withhold, cancel, reverse, or correct a bonus where there is a technical or pricing error, false information, duplicate accounts, prohibited activity, manipulation, misuse of an offer, or a breach of these terms or the general Terms and Conditions.
9. Changes and campaign-specific terms
OpenTrader may pause, end, or change a promotion. Changes will not normally remove volume already recorded before the change. If campaign-specific terms conflict with these general Bonus Terms, the campaign-specific terms apply to that offer.
10. Risk and acceptance
A bonus does not guarantee profit and should not be the main reason for trading. Trading involves risk and may result in loss. By claiming or using a bonus, you accept these Bonus Terms, the general Terms and Conditions, and the Risk Warning.