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Welcome to an exciting collaboration between CFI International Ltd and XCITE, Kuwait's premier online shopping destination! We're thrilled to offer a special promotion exclusively for our new customers who love shopping as much as they enjoy trading.

These terms and conditions (the “Rules”) apply to the 100$ welcome bonus promotion (the “Promotion”) for new Customers. By participating in the Promotion, you agree to be bound by these Rules.

1. Promotion Conditions:

Eligibility:

  • a. Participants must be individuals who are 18 years of age or older to qualify for this promotion.
  • b. Participants must be residents of Kuwait to qualify for this promotion.
  • c. To qualify for this promotion, you must purchase items totaling at least 100 KD from XCITE's online store.
  • d. Bonus: Upon completing your purchase from XCITE, a $100 voucher will be credited to your new CFI account once you pass the onboarding process and are accepted as a client by CFI.

2. Promotion Duration:

  • a. The duration of the offer is 2 months, starting on 1ST of July, 2024, and ending on 31st of August, 2024.
  • b. We reserve the right to modify, suspend, or terminate the Promotion at any time and for any reason. Any changes will be communicated to participants through either email, SMS or a call.

3. Promotion Details:

  • a. Trading Requirement: The $100 bonus voucher can only be withdrawn after completing 10 round lots of trading on Razor. Before reaching this trading volume, you may only withdraw profits generated over the initial $100 voucher amount.
  • b. Profit Withdrawal: If you make a profit on your trades, the net profit above $100 is withdrawable. For instance, if your account, credited with a $100 voucher, shows a profit of $500 after trading 4 round lots, you are eligible to withdraw $400.
  • c. Full Voucher Withdrawal: If you achieve 10 or more round lots in trading, the entire $100 voucher becomes withdrawable. For example, with 13 round lots and a resulting profit, you can fully benefit from the $100 bonus.
  • f. You must fund your account using a source account that is listed under your name (as the primary account holder). The use of third-party funds, including funds from supplementary cards, is strictly prohibited.

4. Disqualification:

Participants will be disqualified from the Promotion if they:

  • a. Are employees of CFI or any CFI group company, or employees of any company engaged in direct competition with CFI or any CFI group company.
  • b. Breach any of these Rules or the terms of the Customer Agreement.
  • c. Act fraudulently or are suspected of acting fraudulently, or obtain an unfair or unintended advantage in this Promotion, whether through false representation, unauthorized access to accounts, collusion, or any other fraudulent activity.
  • d. Attempt to abuse the Promotion by using multiple accounts or engaging in any activity deemed as circumventing the rules or attempting to manipulate the Promotion.

5. Right to Cancel the promotion:

We reserve the right to cancel or withdraw the Promotion at any time in the case of any suspected abuse of the Promotion, including the abuse of other accounts. Furthermore, if any of these Rules are breached or if we believe that any terms of the Customer Agreement with us have been violated in any way, we reserve the right to disqualify participants from the Promotion.

6. Miscellaneous:

  • a. We are the sole arbiter of the Promotion, these Rules, and any issues arising under this Promotion. Exceptions to these Rules are at the sole discretion of CFI’s management, and our decisions are final.
  • b. This Promotion cannot be combined with any other reward promotions that CFI offers.
  • c. We are not liable for any losses incurred by participants as a result of trading or in relation to this Promotion. Participants should consider their investment objectives, financial situation, and particular needs before trading. Trading is a high-risk activity, and it is possible to incur significant losses. Participants should fully understand the risks and costs involved. Please ensure that you carefully read and understand the Risk Disclosure Statement and accept all risks before investing.
  • d. We are not liable for participants' inability to satisfy the eligibility requirements of the Promotion or their ability to trade due to technical malfunctions of the internet, CFI's trading platform, or participants' own computing systems. Participants accept all risks associated with trading over the Internet, mobile applications, and downloadable software.
  • e. If at any time all or any part of any provision of these Rules are or become illegal, invalid, or unenforceable in any respect under the law of any jurisdiction, such provision(s) will not affect or impair the legality, validity, or enforceability in that jurisdiction of the remainder of that provision or all other provisions of these Rules or the legality, validity, or enforceability under the law of any other jurisdiction of that provision or all other provisions of these Rules.
  • f. These terms and conditions shall be governed by the laws of the Republic of Mauritius, and any disputes arising from or in connection with these terms and conditions shall be subject to the exclusive jurisdiction of the courts of Mauritius.
  • g. Any dispute or situation not covered by these Rules will be resolved by CFI's management in a manner deemed fairest to all concerned, and their decision will be final and binding.
  • h. Any tax payable on the Promotion paid by us to participants will be their liability. If required by law, we may withhold this tax and settle it with the relevant tax authority on the participants' behalf. In such cases, we shall credit the Promotion amount to participants' accounts net of this tax.
  • i. We reserve the right to alter, amend, or terminate the Promotion or any aspect of it at any time and without prior notice.

For More information, visit the CFI website: https://cfifinancial.com/en/kw

DISCLAIMER

We would like to remind you that while we endeavor to provide the best possible services, CFI provides execution-only services, and any information, reports, opinions, commentary, or other materials he receives from CFI directly or from its employees or through any analytical tools provided to him or third-party research provided to him from the Company shall not be deemed as investment advice and it cannot be relied upon to make investment decisions. The Client commits to make his own research and from external sources as well to make any investment. The Client accepts that CFI will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. The contents of any report provided should not be construed as an express or implied promise,

as a guarantee or implication that clients will profit from the strategies herein, or as a guarantee that losses in connection therewith can, or will be limited.

Forex and CFDs are leveraged products that incur a high level of risk and a small adverse market movement may expose the client to losing the entire invested capital. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The possibility exists that you could sustain a loss in excess of your deposited funds even if a stop loss is used and therefore, you should

not speculate with capital that you cannot afford to lose and be aware of trading risks. CFI provides general information that does not take into account your objectives, financial situation, or needs. The content of this website must not be interpreted as personal advice. Please ensure that you understand the risks involved and seek independent advice if necessary.

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