1. The Nordic Markets’ Activation/Reactivation programme (“Free CFD Programme”) is offered by Blackwell Global Investments Limited trading as Nordic Markets (“Nordic Markets”, “we”, “us” or “our”) subject to these Terms & Conditions (“These Terms & Conditions”). By taking any actions under the Free CFD Programme, you (the Recipient, as defined below in condition 5) agree to be bound by These Terms & Conditions.

2. Under the Free CFD Programme, a free CFD (“a Free CFD”) will be awarded to any Recipient (as defined below in condition 5) who complies with all of the CFD Programme Requirements (as defined below in condition 8 to 10) in accordance with These Terms & Conditions.

3. The Free CFD Programme will automatically end after a period of [three (3)] calendar months from [21st January 2025] (the “Start Date”) although we may end, extend or shorten that period at our absolute discretion. We further reserve the right, at our absolute discretion, to update These Terms & Conditions at any time. If we end, extend or shorten the period or otherwise update These Terms and Conditions, we will post the updated version of The Terms & Conditions on our website https://nordicmarkets.com/terms-and-conditions. Continued participation in the Free CFD Programme after any change/update shall mean that you have agreed to the change/update(s) made by us.

4. These Terms & Conditions are in addition to Nordic Market’s Standard Terms of Business (as may be updated from time to time) which can be found on our website. In the event of any conflict between These Terms & Conditions and the Standard Terms of Business, These Terms & Conditions apply.

5. A Recipient is either (i) an existing client of Nordic Markets who has not traded on their account in the last 6 months and who (if requested by us) provides any updated documentation required to refresh their account or (ii) a new client of Nordic Markets who is successfully onboarded by Nordic Markets.

6. Existing clients of Nordic Markets who have traded in the 6 months prior to the Start Date will not be eligible to participate in the Free CFD Programme.

7. A Recipient can receive no more than one (1) Free CFD irrespective of the number of accounts they fund/open.

8. In order to be eligible to receive a Free CFD, a Recipient must comply with and remain in compliance with (i) These Terms & Conditions and (ii) Nordic Market’s Standard of Business.

9. In order to be awarded a Free CFD:
9a. A Recipient who is an existing client of Nordic Markets must (i) fund their account with Nordic Markets in any amount of at least $500, (ii) place a buy order which is executed and (iii) if, prior to placing a sell order, the account goes into margin, meets any margin call in accordance with the timings set out in Nordic Market’s Standard Terms of Business.
9b. A Recipient who is a new client of Nordic Markets must (i) have been fully onboarded by Nordic Markets for a trading account, (ii) completed a W-8BEN form, (iii) opened and funded their account with Nordic Markets in any amount of at least $500 within 14 calendar days of the trading account being opened, (d) place a buy order which is executed and (v) if, prior to placing a sell order, the account goes into margin, meets any margin call in accordance with the timings set out in Nordic Market’s Standard Terms of Business.

10. If Nordic Markets requires a Recipient to provide documentation to refresh their account or during the initial onboarding process, the Recipient agrees to provide Nordic Markets will such documentation prior to it receiving the Free CFD. Failure to do so within 14 calendar days of being requested to do so, will result in the Recipient not being eligible to participate in the Free CFD Programme or, if relevant, the Free CFD award lapsing for the Recipient.

11. If, following receipt of the Free CFD and prior to the Recipient giving instructions to sell the Free CFD and withdrawing the related monies, (i) the Recipient closes their account, (ii) the Recipient makes a withdrawal or transfer that causes their account to fall below $500 or (ii) the value of the Recipient’s account falls below $500, the Free CFD award/Free CFD will automatically lapse.

12. Nordic Markets will determine a Recipient’s eligibility and right to receive a Free CFD.

13. The Recipient will be notified by Nordic Markets of their entitlement to a Free CFD award and the choices of a Free CFD. The Recipient will promptly choose one Free CFD from the list of Free CFD choices and advise Nordic Markets of their choice whereupon, within 30 business days (being a business day in The Bahamas), that Free CFD will be allocated to the Recipient’s trading account provided the conditions set out above have been met and continue to be met. For the avoidance of doubt, (i) the Free CFD is a derivative contract offered by Nordic Markets to the Recipient and does not entitle the Recipient to any share/equity in the underlying company or allow the Recipient to transfer the Free CFD to another broker and (ii) the Recipient may sell or hold the Free CFD as it determines.

14. The strike price for the Free CFD shall be determined by Nordic Markets based on the date (and time) that the Free CFD is allocated to the Recipient’s trading account.

15. Nordic Markets reserves the right, in its absolute discretion, to allocate a different Free CFD to the Recipient’s account.

16. Nordic Markets shall ensure that any change in the value of the Free CFD does not [adversely] impact on the free equity in the Recipient’s trading account.

17. The value of a Free CFD may increase or decrease both from the time of the Recipient choosing it and the time of allocation by Nordic Markets and the Recipient acknowledges this.

18. For the avoidance of doubt, under no circumstances shall the Recipient be entitled to any form of compensation for any failure to award the Free CFD or any decrease in its value over time.

19. The Recipient acknowledges that any cash proceeds received by it in connection with its sale of the Free CFD can only be withdrawn after thirty (30) calendar days from the award date of the Free CFD and are subject to (i) the Recipient closing/selling the CFD and (ii) condition 11.

20. Under no circumstances does Nordic Markets solicit a particular security/group of securities whether included on the List or not, a recommendation to buy, hold or sell a particular security/group of securities whether included on the List or not or provide investment advice and individual investors should make their own decisions on what investments are right for them or seek independent advice. Accordingly, neither receiving a Free CFD nor any of our communications in connection with the Free CFD Programme constitutes a recommendation by us to buy, sell, exercise any rights in or hold any financial instrument.

21. The Recipient acknowledges that its participation in and/or receipt of a Free CFD may be subject to tax implications. Under no circumstances shall Nordic Markets be held liable or responsible for any such tax implications.

22. Without limiting the generality of any of the above, we reserve the right to modify, pause, suspend or end (i) the Free CFD Programme, in whole or in part and (ii) the Recipient’s ability to participate in the Free CFD Programme, entitlement to a Free CFD or retain the Free CFD, at any time without cause, including for any suspected activity we deem to be abusive, fraudulent, or in violation of These Terms & Conditions.

23. In the event that you do not agree with a decision that we make regarding your participation in the Free CFD Programme whether under condition 21 or otherwise, you can make a complaint to our Customer Service team at: [email protected], where your complaint will be handled in accordance with our complaints order handling procedure.

24. In the event that we deem a Recipient to be in material breach of These Terms & Conditions, we may clawback, sell or cancel or take any other action as permitted under applicable law in respect of any Free CFD or proceeds from a Free CFD in the Recipient’s trading account that relates to such breach.

25. A Recipient is only entitled to one Free CFD. A Free CFD cannot be claimed under condition 9a and 9b by anyone claiming to be, or who is, both an existing client of Nordic Markets and funding/opening an account. In addition, opening more than one account/sub-account will not permit an individual/entity to be eligible for more than one (1) Free CFD.

26. If an individual who is a client of Nordic Markets is also the UBO of or a director or authorised signatory of a company, that company will not be eligible to participate in the Free CFD programme – and vice versa. Nor will multiple companies owned by the same UBO or with common directors/authorised signatories be entitled to participate in the Free CFD Programme.

27. Nordic Markets will not enter into discussions about the Free CFD Programme other than in respect of a complaint about the applicability of These Terms and Conditions to a specific event.

28. If at any time any provision of These Terms and Conditions becomes illegal, invalid or unenforceable, we shall be entitled in our absolute discretion to end the CFD Programme without notice or to determine that the other provisions remain in full force and effect.

29. The Free CFD Programme cannot be claimed in conjunction with any other offer/competition offered by Nordic Markets.

30. A Recipient agrees and accepts that it shall not be entitled to and shall not bring a putative or certified class action with regard to the Free CFD Programme or their eligibility/entitlement to a Free CFD.

31. These Terms and Conditions are governed by and construed in accordance with Bahamas law and subject to the exclusive jurisdiction of the Bahamas courts.

Blackwell Global Investments Limited is a limited liability company registered in The Bahamas with its registered office at 201 Church Street, Sandyport, Nassau, NP, The Bahamas with company no 201732B. Blackwell Global Investments Limited is authorised and regulated by the Securities Commission of the Bahamas, certificate number SIA-F215.