Balance Reward Programme Terms and Conditions

Issued by Trade Set Go Ltd, a Securities Dealer regulated by the Financial Services Authority of Seychelles (Licence SD-249).
These Terms apply in addition to, and are subject to, the Standard Terms and Conditions. Where there is conflict in respect of the Balance Reward Programme, these Terms prevail.

  1. Definitions

    1. “Company,” “we,” “us” means Trade Set Go Ltd, a Securities Dealer licensed by the Financial Services Authority of Seychelles (Licence No. SD249).
    2. “Client,” “you” means a holder of a live (non-demo) trading account who has completed the registration process, identity verification (KYC) and accepted the Standard Terms and Conditions.
    3. “Programme” means the Balance Reward Programme described in these Terms.
    4. “Eligible Balance” means the Free Margin on the trading account at the daily Snapshot Time, calculated as Equity minus Used Margin, and excluding any bonus, credit, promotional funds, or non-withdrawable amounts. Only the Client’s own deposited funds count.
    5. “Reward Rate” means the annualised percentage applied to the Eligible Balance under clause 4, as varied under clause 8.
    6. “Daily Accrual” means the reward amount calculated each day under clause 5.
    7. “Payout Date” means the [first] business day of each calendar month, on which reward accrued during the preceding calendar month is credited.
    8. “Snapshot Time” means [23:59:59 server time] each day, at which the Eligible Balance is fixed for that day’s accrual.

  2. Nature of the Programme

    1. The Programme is a discretionary loyalty reward offered by the Company to its clients. It is not a deposit, a savings product, an investment, or a payment of interest, and creates no banking, deposit-taking, or e-money relationship between the Client and the Company.
    2. Reward is funded from the Company’s own resources as a goodwill benefit of the client relationship. It is not a return on, or a yield generated by, the Client’s funds, and the Company gives no representation that the Client’s funds are invested, lent, or otherwise deployed to generate the reward.
    3. The Client’s funds remain client money, segregated under the Securities (Conduct of Business) Regulations 2008 and the Standard Terms and Conditions, and remain available for withdrawal at all times subject only to the standard withdrawal terms and applicable AML/CFT checks. Nothing in the Programme locks, restricts, delays, or penalises access to the Client’s own funds.

  3. Eligibility

    1. To participate, the Client must:
      1. hold a verified live trading account;
      2. have accepted these Terms;
      3. not be resident in, or accessing from, a Restricted Jurisdiction;
      4. not be an account that is dormant, suspended, restricted, frozen, or under AML/CFT or conduct review; and
      5. be in good standing under the Standard Terms and Conditions (no material breach, no pending chargeback, no AML/CFT flag).
    2. The Company may set a minimum Eligible Balance of USD 100.00 below which no reward accrues.
    3. The Company may exclude any Client or account from the Programme at its discretion where Clauses 3, 10, or 11 apply.

  4. Reward Rate

    1. Reward accrues on the Eligible Balance at an annualised Reward Rate ranging from 0.5% to 4.0%, depending on the applicable account type. There is no minimum trading volume and no activity requirement to qualify.
    2. The Reward Rate is set by the Company and may be varied prospectively under Clause 8.
    3. Reward accrues only on the Client’s own funds (the Eligible Balance as defined). Bonus and credit funds are excluded and earn no reward.

  5. Calculation and accrual

    1. Reward accrues daily on the Eligible Balance at the Snapshot Time:
      Daily Accrual = Eligible Balance × (Reward Rate ÷ 100 ÷ 360)
    2. The Eligible Balance is recalculated every day at the Snapshot Time. Because it is Free Margin, it rises and falls with deposits, withdrawals, open positions, and floating profit and loss.
    3. No reward accrues on any day on which the Free Margin is zero or negative, or on which the account is in margin call / below the stop-out level, or on which the account is suspended, restricted, frozen, or under review.
    4. Accrual is subject to the eligibility conditions under Clause 3 and the AML and anti-abuse provisions under Clauses 10 – 11.

  6. Payment

    1. Reward accrued during a calendar month is credited to the trading account as withdrawable cash on the Payout Date (the first business day of the following month).
    2. Reward is payable for every day the Eligible Balance was held during the month, regardless of whether the Client subsequently withdrew funds. Withdrawing during the month does not forfeit reward already accrued for the days the funds were held as per Clause 7.
    3. Reward is credited in the base currency of the account. Where conversion is required, the Company’s standard rate applies.
    4. Once credited, reward becomes part of the Client’s own funds and may be withdrawn or traded at the Client’s discretion, subject to standard withdrawal terms and AML/CFT checks.
    5. The Company may reverse any reward credited in error, or attributable to a deposit subsequently reversed, charged back, or found to be the proceeds of fraud or breach.

  7. Withdrawals

    1. Partial withdrawal mid-month. Permitted at any time. From the withdrawal date, the Eligible Balance is lower, so the Daily Accrual is lower at the next Snapshot. Reward already accrued on prior days is unaffected and paid on the next Payout Date. No penalty, no forfeiture of principal.
    2. Full withdrawal mid-month, account remains open. Permitted at any time. Principal returned in full, no delay or penalty. Accrual falls to zero while the balance is zero; reward accrued for the earlier days the funds were held is still paid on the next Payout Date.
    3. Account closure before the Payout Date. Principal returned in full, no penalty. Reward accrued up to closure is paid at closure.
    4. There is no minimum holding period, no fixed term, and no early-withdrawal penalty. The reference to a calendar month is solely the frequency of payment, and it does not restrict access to funds.

  8. Variation, suspension, and termination

    1. The Company may vary the Reward Rate or any term, prospectively, on 14 calendar days’ notice via the Client Portal or email. Changes do not affect reward already accrued before they take effect.
    2. The Company may suspend or terminate the Programme at its discretion on 30 calendar days’ notice. On termination, reward accrued to the termination date is paid on the next Payout Date.
    3. The Company may remove an individual Client where Clauses 3, 10, or 11 apply, acting reasonably, without depriving the Client of reward already accrued.

  9. Bonus, credit, and other promotions

    1. Bonus, credit, and non-withdrawable promotional funds are excluded from the Eligible Balance and earn no reward.
    2. The Programme may be combined with other promotions; where another promotion specifies otherwise, that promotion’s terms prevail.

  10. No reward circumstances

    No reward accrues or is paid, and provisional accrual is reversed, where:

    1. the account is dormant, suspended, restricted, frozen, or under AML/CFT or conduct review;
    2. the Free Margin is zero or negative, or the account is in margin call / below stop-out;
    3. the Client is in material breach of the Standard Terms and Conditions;
    4. a deposit underlying the Eligible Balance is reversed, charged back, or unverified;
    5. the Client is, or becomes, resident in or accessing from a Restricted Jurisdiction;
    6. the Company reasonably suspects abuse or fraud under Clause 11.

  11. Anti-abuse

    1. The Company may exclude, suspend, or claw back reward where it reasonably suspects manipulation of the Programme, including coordinated multi-account activity, structuring of deposits to exploit the Programme, or fraud.
    2. The Company may aggregate connected accounts (same beneficial owner, payment instrument, IP, or KYC documents) for eligibility, minimum-balance, and abuse assessment.

  12. AML/CFT, sanctions, and source of funds

    1. Participation is at all times subject to the Company’s AML/CFT, sanctions, CDD/EDD, and source-of-funds obligations under the AML/CFT Act 2020 and Company policy.
    2. The Company may withhold, suspend, or refuse reward, and freeze the account, where required to discharge those obligations, including pending source-of-funds verification or a suspicious-transaction assessment, without prejudicing any STR or breaching the tipping-off prohibition.

  13. Tax

    1. The Client is solely responsible for any tax arising on reward received in the Client’s jurisdiction of residence. The Company does not provide tax advice.
    2. The Company may deduct or withhold any amount it is required by law to withhold and may report payments where required by applicable law.

  14. General

    1. These Terms are subject to the Standard Terms and Conditions, and in conflict, the Standard Terms and Conditions prevail except where these Terms expressly govern the Programme.
    2. Governed by the laws of the Republic of Seychelles, courts of the Seychelles having jurisdiction, consistent with the Standard Terms and Conditions.
    3. The Company’s records of Eligible Balance, accrual, and payment are conclusive absent manifest error.
    4. If any provision is unenforceable, the remainder continues in effect.