1. Capital Markets Elite Group (UK) Limited (the Firm” “we” “our” “us” “CapitalMEG UK) is authorised and regulated by the Financial Conduct Authority (“FCA”).
2. Participation in the Tiered Promotion is bound by these terms and conditions (“Promotion Terms”) and is therefore considered an annexure to the terms and conditions contained within your client agreement, including any supplemental agreements and disclosures that apply to your account.
3. Subject to and without prejudice to all other terms and conditions, this promotion is available to new clients of the Firm who successfully open an account with CapitalMEG UK (“Eligible Clients”) during the period 15th January 2025 – 28th February 2025 (“Promotion Period”) and have satisfied the criteria as set out below:
- Be over 18 years of age
- Must be approved to open a CapitalMEG UK account during the Promotion Period;
- Initial deposits must be made during the Promotion Period;
- Clients must fund their account with the minimum deposit required for each respective tier;
- Must not have previously held any CapitalMEG UK accounts withing the last 6 months;
- Must select either the DAS or Sterling trading platforms.
4. The features of the Tiered Promo are as follows and are applied from the opening of a client account:
GOLD TIER | PLATINUM TIER | BLACK TIER |
Applicable to deposits of $2000 to $2999 Reduced Software/Data fee of $141 (3 mths only) Locates 5% off Locate Fee $20 Commission 5mils ECN 25 mils | Applicable to deposits greater than $3000 to $5999 Reduced Software/Data fee of $141 (3 mths only) Locates 10% off Locate Fee $10 Commission 5 mils ECN 25 mils | Applicable to deposits over $6000 Reduced Software /Data fee of $141 (3 mths only) Locates 20% off Locate Fee $0 Commission $0 ECN 20 mils |
5. Eligible Clients will receive a credit of locate fees in accordance with the respective tiers to their client account on the 5th business day of the following month of funding their account. No minimum traded volume is required for this promotion. The credit on locate fees will be applied for a 60-day period from the date your account was opened.
6. Within the Black Tier when you place a trade you will not be charged commissions for a 60-day period from the date your account was opened.
7. Clients who fund their new accounts with a BACS transfer are responsible for having enough cash in their bank account to cover the BACS transfer. CapitalMEG takes no responsibility for charges that occur due to insufficient funds in said client’s account.
8. Receipt of communications related to this promotion does not constitute solicitation, recommendation, or investment advice. Consult with your tax advisor about the appropriate tax treatment for and any other tax implications associated with this promotion.
9. Credits from this promotion cannot be (i) transferred to any other person; (ii) transferred to another account held by the Eligible Client; or(iii) exchanged for other financial services or benefits provided by the Firm.
10. Employees, contractors, or persons similarly associated with CapitalMEG or its affiliate(s); members of their household; registered representatives of broker dealers; employees of any security regulatory organization or exchange; and/or employees of any market maker are not eligible. The promotion is only available for personal use and may not be used for commercial purposes. Other restrictions may apply. Void where prohibited.
11. The Eligible Client’s account must be open and not the subject of any dispute with us or in default on the date the payment becomes payable to qualify for this promotion.
12. If your account is subsequently closed or suspended, the Firm may cancel all discounts and credits posted to your account, along with any profits.
13. The Firm will not be liable for any costs, expenses or damages which may result from us re-setting or adjusting your Account as contemplated by these Promotion Terms, including but not limited to losses attributable to automatically Closed Out Open Positions.
14. Notwithstanding any other provision of these Promotion Terms, we shall have the sole discretion to determine your eligibility under these Promotion Terms, including, without limitation, whether you are an Eligible Client. We have the right not to accept an Eligible Client for any reason or without reason as we shall determine at our sole discretion.
15. We reserve the right at our reasonable discretion to alter, amend or terminate this promotion, or any aspect of it, at any time and without prior notice. The Firm will not be responsible in any manner for any damages, losses, or expenses, however caused by the alteration, amendment, or termination of this promotion. We may make changes to these Promotion Terms by posting the modified terms on our website. We recommend you revisit these Promotion Terms regularly, and by your continued use of our services, you accept any such modified terms.
16. If any term of these Promotion Terms is found to be illegal, invalid, or unenforceable under any applicable law, such term shall be deemed omitted from these Promotion Terms and shall in no way affect the legality, validity, or enforceability of the remaining terms.
17. Promotion Terms are governed by the laws of the United Kingdom. Any dispute or situation not covered by these Promotion Terms will be resolved by our management in a manner it deems to be the fairest to all concerned, and that decision shall be final and/or binding on all entrants.
18. Transfers from another Capital Markets Elite Group account will not be deemed a qualifying deposit towards this promotion.
19. We do not offer services to Canadian residents or to persons using a Canadian bank account or a credit card issued by a Canadian financial institution.
20. Please note that financial products and investing in financial products come with a high risk of losing money which will significantly affect the value of your investments. Such trading may not be suitable for all investors therefore you should ensure that you understand the risks involved and seek independent advice if appropriate. This promotion has been prepared without considering your financial situation or needs.
21. By participating in the promotion, you release, discharge, and agree to indemnify and hold harmless Capital Markets Elite Group UK limited and its owners), affiliate(s), and/or subsidiaries, and all of their respective directors, officers, employees, members, managers, agents, licensees, contractors, representatives, successors, and assigns from and against any liability for any damages, injury or losses, to any person or property, of any kind resulting in whole or in part, directly or indirectly from acceptance, possession, misuse or use of any promotional reward or participation in the promotion.
1. It typically takes 1-2 business days for funds to be deposited into your account via wire transfer.
2. All accounts are currently held in US Dollars.
Capital Markets Elite Group (UK) Limited is Authorised and Regulated by the Financial Conduct Authority (FRN 583632)
Registered Office: 01-101, 51 Eastcheap, London EC3M 1DT, United Kingdom