The 20:20 IB Challenge – Terms and Conditions

The 20:20 IB Challenge – Terms and Conditions

Organiser: This promotion is organised by FP Markets (“the Company”).

Name of Promotion: The 20:20 IB Challenge

1. Promotion Period

   The 20:20 IB Challenge is from 1st July 2025 00:00 (GMT+3) until 30th September 2025 23:59 (GMT+3) (“Campaign Period”)

2. Eligibility Criteria

   • The promotion is open to all new and existing Introducing Brokers (IBs) of FP Markets.
   • Participants must be registered as IBs under FP Markets prior to or during the Campaign Period.

3. How to Qualify

   To qualify for the 20:20 IB Challenge, the IB must meet all of the following criteria:

   • Refer a minimum of 20 new clients within three months.
   • These clients must collectively generate:
     • At least $20,000 in total deposits, and
     • At least 20 standard lots in trading volume (across all referred accounts).

4. Reward Structure

   • Qualifying IBs will receive an additional 20% bonus capped at a maximum of USD 5,000 per Campaign Period
   • Bonus rebates will be calculated and credited by the end of the Campaign.

5. Important Notes

   • Only new, first-time clients who complete registration and begin trading within the challenge period will be considered.
   • IBs must ensure referred clients comply with all onboarding and KYC procedures.
   • Internal transfers between accounts will not count towards the $20,000 deposit threshold.
   • FP Markets reserves the right to exclude any clients or IBs found to be engaging in fraudulent or suspicious behavior, including but not limited to wash trading or self-referrals.

6. General Terms

   • FP Markets reserves the right to modify, suspend, or terminate the promotion at any time without prior notice.
   • Any dispute or situation not covered by these terms will be resolved by FP Markets in a fair manner, and the decision will be final and binding.
   • This promotion is subject to all applicable laws and regulations in the jurisdictions in which FP Markets operates.

7. Disclaimer

   Participation in this promotion is voluntary. By participating, you agree to be bound by these Terms and Conditions.