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Terms and Conditions - New Year Credit Bonus

Introduction

1. These Terms and Conditions (“Terms”) form the basis of the “New Year Credit Bonus” promotional offer, whereby Eligible Clients of Alpari (UK) Limited may be rewarded with a credit bonus per live Classic account (“Offer”).

2. Taking part in this Offer constitutes acceptance of these Terms. Alpari (UK) Limited (Company Number 5284142) is authorised and regulated by the Financial Services Authority (“Alpari UK”) and reserves the right to alter, amend or terminate this Offer, or any aspect of it, at any time and without prior notice. We may make changes to these Offer Terms and will notify you of these changes by posting the modified Terms on the Alpari (UK) website. We recommend that you revisit these Terms regularly and, by your continued use of the Alpari (UK) website and services you accept any such modified Terms.

3. We reserve the right, at our sole discretion, to disqualify any individual that tampers or attempts to tamper with the operation of the Offer, or breaches the Offer Terms or our Terms and Conditions of Business.

4. Any dispute or situation not covered by these Offer Terms will be resolved by our management in a manner it deems to be the fairest to all concerned. That decision shall be final and/or binding on all entrants. No correspondence will be entered into.

5. If these Offer Terms are translated into a language other than English, then the English version of the Terms shall prevail where there is an inconsistency.

Conditions of Eligibility

6. Subject to all other Terms, the Offer is available to Customers who have satisfied the Eligibility Criteria for the Offer (“Eligible Client”) as set out in clause 7 below.

7. The Eligibility Criteria for the Offer are:

(a) that it shall only apply to Alpari UK Customers that have a live Classic account (this includes existing Classic account holders, existing Micro account holders who choose to open additional Classic accounts and new Customers that open Classic accounts);

(b) that the Customer must elect to opt-in to take part in the Offer by expressly confirming their decision on the Offer landing page on the Alpari UK website;

(c) that the Customer makes a new deposit into their Classic account/s after opting-in to the Offer;

(d) that there is no minimum qualifying deposit, but that credit bonus/es are only deposited into the Customer’s account once the total net deposit value during the Deposit Period reaches USD 1,000 or higher (the total value of deposits that bring a negative account balance to a zero account balance do not form part of the total net deposits for the purposes of calculating a credit bonus); and

(e) that a Customer must trade a set number of standard lot round turn transactions over the lot transaction period or their reward will be forfeited at the end of the promotional period (please see below for promotional period and calculation of credit bonus details).

The Offer

8. Subject to all other Terms, any credit bonuses due to an Eligible Client will be calculated on the following basis:

Worked Example

9. The following example is indicative and for general information purposes only:

Further Conditions

10. The maximum credit bonus reward over the promotional period is a total of USD3,000 (or currency equivalent) aggregated over all the accounts of an Eligible Client.

11. The value of the credit bonus/es depends on the value of the total net deposit during the Deposit Period.

12. Transfers between accounts will not count as new deposits or be included in the total net deposit value for the purposes of this Offer.

13. The transfer of rewards between accounts is not permitted.

14.  Eligible Clients cannot withdraw funds from any accounts during the promotional period or ALL the credit bonus will be forfeited.

15. Customers may make as many deposits as they as they wish into as many of their live Classic accounts in order to qualify as an Eligible Client.

16. To receive up to USD1,500, Eligible Clients must trade a minimum of 200 standard lot round turn transactions over the Lots Calculation Period.

17. To receive up to USD3,000, Eligible Clients must trade a minimum of 400 standard lot round turn transactions over the Lots Calculation Period.

18. At the end of the Lots Calculation Period, if you have not made the required number of standard lot round turn transactions during this period then the ‘credit bonus’ will be removed, which may affect the equity and margin level on your open positions, possibly closing some or all of your positions out. This will be done automatically by our Risk Management System that limits your potential losses.

Definition of ‘Period’

19. The Promotional Period consists of the following:

(a) The ‘Deposit Period’ (the period during which qualifying deposits may be made) runs from 1 January 2010 (00:00:01 GMT) to 29 January 2010 (00:00:00 GMT); and

(b) The ‘Lots Calculation Period’ runs from 30 January 2010 (00:00:01 GMT) to 26 February 2010 (00:00:00 GMT).

Risk Warning

20. It is important that Eligible Clients are aware that their risks are not limited to the deposit and that by making a qualifying trade it is possible to lose more than the deposit.  In some circumstances, losses may be considerably more than any initial or minimum deposit.

Date

21. These Terms and Conditions are dated 1 January 2010.

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