What are the terms and conditions of the Doo Prime Swap-Free campaign?


Terms and Conditions:

1. The terms and conditions herein shall be binding on the Client and the Client undertakes to comply with the terms and conditions herein upon the Client’s participation in this Swap-Free and Swap Reduction Campaign (“Campaign”). This Campaign shall continue to take effect until termination with notice from Doo Prime.

2. The Client’s participation in this Campaign shall also be taken as the Client’s consent to be legally bound by the terms and conditions herein and any of its subsequent amendments.

3. All Clients shall be entitled to participate in this Campaign, but Doo Prime reserves the sole discretion to determine the eligibility of participants in this Campaign.

4. The Client acknowledges that this Campaign is only applicable to certain jurisdictions, certain types of trading instruments and certain types of trading accounts. Doo Prime may amend or remove any trading instruments under this Campaign at any time without any prior notice to the Client. The dividend charges for applicable trading instruments shall remain payable by the Client and Doo Prime reserves the right to include other charges applicable without any prior notice.

5. Doo Prime reserves the right to suspend or terminate the Client’s participation in this Campaign without any prior notice in the following events, including but not limited to:

(a) any breach of terms and conditions of the Client Agreement;

(b) The trading position is held for more than 3 calendar days;

(c) when Doo Prime has reasonable suspicion that the Client has performed unfair market practices (including but not limited to fraud manipulation, holding positions for a long duration, opening of positions to target the 3x swaps days, utilizing the swap-free event for swap arbitraging activities etc.), performed unusual or abnormal trading activities, acted contrary in good faith, engaged in illegal and/or immoral activity, including but not limited to money laundering, hedging in bad faith, fraud, or any other forms of deceitful or fraudulent activity;

(d) disruption, failure or error of trading platform, services, software, third party software, equipment, internet service provider or any other technicality error;

(e) under abnormal market conditions;

(f) Doo Prime has sent a notice of termination to the Client;

(g) any event that impairs or restricts the trading platform to function on a normal basis;

(h) any of the Client’s trading account is suspended; or

(i) any circumstances as Doo Prime deems fit.

6. Upon suspension or termination of the Client’s participation in the Campaign in according with clause 5 above, Doo Prime reserves the right to close the Client’s positions, retrospectively claim for any fees and interests due for Swaps from the Client and exercise other rights in accordance with the Client Agreement.

7. Save as otherwise expressly provided herein, the Client agrees and undertakes with Doo Prime to indemnify and hold Doo Prime, Doo Prime’s associates, related companies, third party service providers, licensors harmless from and against any damage or loss suffered, incurred or sustained by that Doo Prime, or to which that Doo Prime becomes subject, resulting from, arising out of or relating to any breach of terms and conditions herein by the Client.

8. The Campaign shall be provided on “as is, where is” basis. Doo Prime makes no express or implied representations or warranties as to the availability, accuracy or completeness of this Campaign.

9. The official language of these terms and conditions shall be English. Doo Prime may provide these terms and conditions in other languages for information purposes only and in the event of any inconsistency or discrepancy between the English version of the terms and conditions herein and any other language version, the English version shall prevail.

*For more campaign-related details, please contact your 1-on-1 exclusive account manager.

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