1.1. These Regulations define the terms of the "INVEST START" promotions (hereinafter the "Promotion"), its terms and forms, the procedure for summing up the results and awarding prizes.
1.2. The organizer of the Promotion is the Limited Liability Company TeleTrade D. J. LLC (hereinafter, the "Organizer"):
Registration number: 2351 LLC 2022
Address: Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines.
1.3. The Promotion is designed to reach new clients for the Promotion Organiser and incentivise the current clients using financial rewards for those who managed to comply with the Promotion requirements.
1.4. The Promotion is not a lottery; it is purely promotional in nature.
1.5. The Promotion is held on the territory of the whole world, except for countries where such promotions are prohibited to be held through the Internet.
1.6. The Promotion will take place:
Invest Start BTC vs ETH - https://www.teletrade.org/promotions/invest-start/ - from 30.09.2024 to 31.01.2025, according to the following schedule:
30.09.2024 to 31.12.2024, the first stage: funding a trading account to get a deal with promo active and to participate in the Promotion.
01.01.2025 to 31.01.2025, the second stage: final settlement by a client's request.
1.7. These Regulations, as well as amendments and changes made to them are posted on the Internet at https://teletrade.org/
1.8. The fact of participation in the Promotion means full and unconditional consent of the Promotion's participant to all Promotion's conditions.
1.9. These Regulations are a public offer (offer) of the Organizer to participate in the Promotion on the terms set forth in these Regulations. Commission of the actions specified in these Regulations by an individual participating in the Promotion constitutes the acceptance of this offer.
1.10. Customers who had opened a trading account before the start of the Promotion, as well as customers who opened a trading account with the Organizer's company during the period of the
Promotion and who meet the following conditions can participate in the Promotion:
2.1. In order to participate in the Promotion, an individual who meets the requirements specified in Clause 1.10. of these Regulations does the following:
2.2. Funding a trading account only counts if the money is deposited; the funding does not include transfers between your Personal Area account, transfers between accounts of the company's clients, funding through TeleTrade's affiliate account, as well as funding using the money you withdrew first from the company's accounts. The position is calculated in USD, when depositing in other currencies the conversion is carried out according to the exchange rate in the trading platform.
2.3. You can only take part in the Promotion once. Simultaneous participation in two Invest Start promotions is prohibited.
3.1. You can find the conditions of the Promotion here - Invest Start BTC vs ETH - https://www.teletrade.org/promotions/invest-start/
3.2. When the Client clicks on the “Open a Transaction” button, a transaction to Buy an asset is made at a market price on the day of the Client joining the Promotion; the transaction uses the funds deposited on the account during the Promotion and displayed in Promotions/Invest Start section of the Personal Area.
3.2.1. The maximum transaction size on behalf of the Company may not exceed U.S. $10,000.
3.2.2. All transactions and the financial result of the transaction are displayed in a special account, with its status updated in the Promotions/Invest Start section twice a day.
3.3. Before the first stage of the Promotion specified in Clause 1.6. of these Regulations ends, the Client is not entitled to manage the financial result of the transaction on behalf of the Company.
3.4. During the second stage of the Promotion specified in Clause 1.6. of these Regulations, the Client is entitled to complete the transaction anytime before the Promotion ends, provided that they have fulfilled the following trading turnover requirement: for every U.S. $1,000 participating in the Promotion, 20 lots must be traded during the Promotion period. Under the Promotion, a lot is the volume of a position with a nominal value of U.S. $100,000. The calculation of lots takes into account the ratio of the Client's own funds and the total amount of funds in the trading account, which was funded with a larger amount during the promotion period, is taken into account. To receive profit on a real trading account, the Client must click the "Close transaction" button.
3.5. Should the Client fail to execute any actions to complete the trade during the second stage of the Promo, the trade and its results will become void on 31.01.2025.
3.6. The financial result obtained due to the transaction closed at the Client's request (3.4.) is displayed in the Promotions/Invest Start section of the Personal Area.
3.6.1. Provided that the Client has fulfilled the trading turnover requirement, any profit made on the transaction is credited to the Client's trading account, which was replenished with a larger amount for the entire period of the promotion (from the start date of the Promotion indicated on the special page Invest Start BTC vs ETH - https://www.teletrade.org/promotions/invest-start/ and until the client agrees to participate in the Promotion, by clicking on the "Open a Transaction" button).
3.6.2. If the transaction bears a loss, the Company makes up for it at its own expense.
3.6.3. If the trade turnover requirement is not met, or if the Client fails to execute any actions to complete the trade, the profit on the transaction is not paid to the client.
3.6.4. If funds are withdrawn or transferred between accounts during the Promo Period, the participation in the Promo will be terminated, and the promo trade will be canceled.
3.7. Information about the current status of the turnover requirement is displayed in the Promotions/Invest Start section of the Personal Area and is updated twice a day.
3.8. All payments to client accounts are made at the Organiser's own expense.
3.9. The organizer reserves the right to refuse to transfer the received profit on transaction with promo active at its sole discretion.
4.1. The Organizer's customers shall pay taxes which may arise when they receive transfers from the Organizer, on their own.
4.2. The Organizer shall not indemnify or compensate any losses, costs or any other expenses that may arise for the participants of the Promotion in connection with participation in the Promotion.
4.3. The Organizer reserves the right to change or supplement this Provision at their discretion.
4.4. The Organizer reserves the right not to enter into written negotiations or other contacts with the participants of the Promotion.
4.5. Participation in the Promotion is a consent to collection, processing, storage and use of personal data for the purposes of providing services to customers and the formation of a pool of loyal customers of the Organizer of the Promotion.
4.6. The Organizer has the right to change the Regulations of the Promotion at any time at their discretion by posting the new terms at the address specified in clause 1.6. hereof.
4.7. Everything that is not governed by these Regulations shall be regulated by the legislation of the Organizer’s country of registration.
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