Terms and Conditions

100% First-Time Deposit Bonus Promotion

WMarkets - Western Sahara Worldwide

1. INTRODUCTION

This 100% First-Time Deposit Bonus (hereinafter referred to as the "Promotion") is offered by WMarkets, a brokerage entity operating under the brand name Western Sahara Worldwide.

By participating in this Promotion, you (the "Client") hereby agree to be legally bound by these Terms and Conditions (referred to as the "Terms") as well as the Company's Client Agreement and all Operative Agreements, as published on the Company's website at wmarkets.io.

The Company reserves the right to amend, suspend, or terminate this Promotion, in whole or in part, at its sole discretion and without prior notice, where it deems such action necessary or appropriate.

2. DEFINITIONS

The following terms shall have the meanings assigned to them in the table below:

TERMSDEFINITION
BonusA one-time, non-withdrawable credit equal to 100% of the Client's first deposit, solely for trading purposes.
Promotion PeriodThe time frame during which the Promotion is valid: from 2nd June, 2025 to 31st December, 2025.
ClientA person who registers for and funds a WMarkets trading account during the Promotion Period.
Restricted CountriesJurisdictions identified on the Company's website as ineligible for participation.
Operative AgreementsThe collective term for the Client Agreement and any other applicable contractual documentation governing the Client's relationship with WMarkets.
WebsiteThe official website of WMarkets: wmarkets.io.

3. GENERAL PROVISIONS

• The Bonus is awarded on a Client's first qualifying deposit of USD $200 or more (or its equivalent in another currency).

• The Bonus will be credited to the Client's trading account within twenty-four (24) hours of deposit confirmation.

• The maximum Bonus amount per client is capped at USD $3,000.

• The Bonus is non-withdrawable and may be used for trading purposes only.

• Profits generated from trading with the Bonus may be withdrawn, subject to full compliance with the applicable trading withdrawal requirements outlined in these Terms.

4. ELIGIBILITY CRITERIA

To qualify for this Promotion, the Client must:

• Fully complete the account registration process, including all required KYC and Client Due Diligence (CDD) procedures;

• Acknowledge and accept these Terms and all applicable Operative Agreements;

• Not reside in a Restricted Country;

• Use a verified and activated trading account in good standing;

• Make their first qualifying deposit during the Promotion Period.

Clients referred by partners or affiliates are eligible; however, rebates or commissions received do not count as qualifying deposits.

5. PROMOTION TERMS

a. Applicable Accounts:

The Promotion is valid for Standard, Pro, and Cent account types.

b. Eligible Clients:

The Bonus applies to both new and existing clients who have not made a prior deposit.

c. Eligible Instruments:

The Bonus applies to all trading instruments offered by WMarkets.

d. Valid Trades:

Only trades that are both opened and closed within the Promotion Period, and held for a minimum duration of five (5) minutes, qualify under this Promotion.

e. Non-Transferability:

The Bonus is non-transferable across accounts.

f. Non-Withdrawable:

The Bonus amount cannot be withdrawn under any circumstances.

g. Losses Deducted from Deposit:

Losses incurred while trading with the bonus will ONLY be deducted directly from clients' deposited funds.

h. Leverage and Stop-out:

The maximum leverage during the Promotion is 1:500.

The stop-out level applicable during the Promotion is adjusted to 50%.

i. Bonus Duration:

The Bonus is valid for ninety (90) days from the date of the first deposit. After this period, any unused Bonus will be automatically removed from the account. Only positions that were opened and closed during the Bonus Period, provided that they were open for more than five (5) minutes, will be eligible in accordance with the current Terms.

j. Withdrawals:

Initiating a withdrawal will result in the revocation of any remaining Bonus balance.

k. Negative Balance:

If your account has a negative balance due to losing trades, the bonus will be cancelled.

6. ILLUSTRATIVE EXAMPLE

A Client deposits $1,000. The Company credits the Client's account with an additional $1,000 Bonus, which may be used exclusively for trading purposes. Any profits earned through trading activity may be withdrawn, subject to the applicable terms and conditions. However, the $1,000 Bonus amount itself remains non-withdrawable.

7. ADDITIONAL LEGAL PROVISIONS

a. Client Representations:

The Client affirms that they possess full legal capacity and authority to enter into this agreement and to comply with its provisions, without breaching any applicable laws or regulations in their jurisdiction.

b. Good Faith Obligation:

The Client shall act honestly and in good faith throughout participation in the Promotion. Misrepresentations, unethical conduct, or bad faith may result in immediate disqualification.

c. Indemnification:

The Client agrees to indemnify WMarkets from any liability, loss, or expense arising from the Client's breach of these Terms.

d. Limitation of Liability:

WMarkets shall not be liable for any indirect, incidental, or consequential damages, including loss of profits or business/trading opportunities, arising from participation in this Promotion.

e. Termination Rights:

WMarkets reserves the unilateral right to terminate a Client's participation or revoke any Bonus in cases of suspected fraud, manipulation, abuse, collusion, or breach of these or any contractual agreement.

f. Remedies:

The Company's rights under these Terms are cumulative and non-exclusive. Any delay or omission in exercising any right shall not constitute a waiver of that right.

g. Discretion:

All decisions made by WMarkets concerning disputes, eligibility, or the interpretation of these Terms shall be final and binding.

8. PROHIBITED CONDUCT AND ABUSIVE TRADING

Examples of Prohibited Conduct Include, but are not limited to:

• Opening multiple accounts to claim multiple Bonuses;

• Failure to respond to reasonable verification requests within stated timeframes;

• Engaging in arbitrage, scalping, or risk-free trading strategies;

• Hedging trades internally or externally using accounts with matching IP addresses or similar contact details;

• Participating in the Promotion on behalf of unauthorized third parties.

Note: The Company reserves the right to determine, at its sole discretion, what constitutes abusive trading behaviour. The Company shall impose sanctions accordingly, including cancellation of Bonuses and forfeiture of profits.

9. RISK ACKNOWLEDGMENT

Trading Contracts for Difference (CFDs) involves substantial risk and may result in the loss of all invested capital. Clients are advised to carefully assess the risks involved and seek independent financial advice where appropriate.

10. GOVERNING LAW AND JURISDICTION

These Terms shall be governed by and construed in accordance with the laws of the Federal Republic of Nigeria. The courts of Nigeria shall have exclusive jurisdiction over any dispute arising out of or in connection with this Promotion.

11. LANGUAGE

The official language of this Promotion and all related legal documentation is English. In the event of any discrepancy between the English version and any translation, the English version shall prevail.

WMARKETS BONUS POLICY & TRADING CONDITIONS ANNEX

(To be read in conjunction with the WMarkets Terms & Conditions)

1. Promotional Bonus Is Conditional Capital

Any trading bonus, credit, or promotional capital added by WMarkets is conditional, revocable, and provided solely for trading support under these rules. It does not constitute the trader's own deposited funds and remains the property of WMarkets unless and until all bonus conditions are fully satisfied.

2. Profit Eligibility Is Conditional

Any profit generated on an account that includes bonus capital shall be deemed provisional and not withdrawable unless and until WMarkets confirms full compliance with all bonus rules, risk controls, abuse checks, and account review requirements.

3. Excessive Risk / Aggressive Trading Restriction

Accounts funded with bonus capital must not be traded in a manner that WMarkets, in its sole but reasonable discretion, considers excessively risky, abusive, or inconsistent with the purpose of the bonus program. Prohibited conduct includes, without limitation:

• unusually concentrated position sizing,

• materially disproportionate exposure relative to deposited funds,

• high-risk trading intended to rapidly monetize bonus capital,

• trading patterns designed primarily to exploit bonus credit rather than trade under normal market conditions.

4. Bonus Abuse / Promotional Abuse

Where WMarkets determines that a trader has used bonus capital in a manner intended to exploit, circumvent, or abuse the promotional structure, WMarkets may void bonus-related profits, reverse bonus credit, close the account, and restrict future participation in promotions.

5. Internal Review Before Any Bonus-Linked Payout

All withdrawal requests involving profits generated on accounts with bonus capital are subject to internal review. WMarkets may request time to verify trading behavior, rule compliance, and account integrity before approving or rejecting payout.

6. Effect of Breach

If a trader breaches any bonus rule:

• the account may be suspended or closed,

• all profits attributable to the bonus-enhanced account may be forfeited,

• only the trader's verified deposited principal, if otherwise eligible, may be returned,

• the trader shall have no entitlement to bonus-related profit.

7. Finality of Bonus Review

WMarkets' determination on whether an account complied with bonus conditions shall be binding absent manifest error, fraud, or bad faith.

8. Separation of Principal and Bonus-Linked Profit

For avoidance of doubt, a trader's deposited principal and any profit generated on bonus-enhanced equity are treated separately. Return of principal does not create any entitlement to bonus-linked gains where bonus conditions were breached.

9. No Waiver

Failure by WMarkets to enforce any bonus rule in one instance shall not operate as a waiver of its right to enforce the same or any other rule in future cases.

"Where an account includes any form of promotional or bonus capital, all profits shall remain provisional and subject to post-trade compliance review. Any breach of the bonus rules, excessive risk taking, promotional abuse, or trading behavior inconsistent with the intended purpose of the bonus shall render the account ineligible for profit withdrawal, and WMarkets may, at its discretion, forfeit such profits while returning only verified deposited principal where applicable."

ANNEX 1. INTRODUCTION

This Bonus Policy governs the issuance, use, and conditions attached to any promotional, bonus, or credit-based capital provided by WMarkets ("the Company").

By accepting any bonus or promotional capital, the Client acknowledges and agrees to be bound by the terms set out in this Annex.

ANNEX 2. NATURE OF BONUS CAPITAL

12.1 Any bonus, credit, or promotional capital provided by the Company:

• Is not the Client's deposited funds

• Is non-withdrawable

• Remains the property of the Company at all times

12.2 Bonus capital is provided solely for the purpose of facilitating trading under controlled conditions and does not represent guaranteed or unrestricted trading equity.

13. CONDITIONAL NATURE OF PROFITS

13.1 Any profit generated on an account containing bonus capital is: provisional and conditional.

13.2 Such profits shall only become eligible for withdrawal upon:

• Full compliance with all applicable trading rules

• Successful completion of internal review procedures

• Confirmation by the Company

13.3 The Company reserves the right to withhold, adjust, or deny any profit derived from bonus-augmented trading activity where conditions are not met.

14. BONUS TRADING RULES

Clients must adhere strictly to all trading conditions associated with bonus accounts.

14.1 Prohibited Trading Conduct

The following, among others, shall constitute violations:

• Excessive or disproportionate risk exposure relative to deposited capital

• Trading patterns designed to exploit bonus capital

• Use of strategies intended to generate rapid profit from promotional credit

• Arbitrage, latency exploitation, or system abuse

• Hedging or offsetting positions across accounts to manipulate outcomes

• Any activity deemed inconsistent with fair and standard trading behavior

14.2 Aggressive Trading Restriction

Where the Company determines that a Client has engaged in unreasonably aggressive or high-risk trading behavior that is inconsistent with the intent of the bonus program, such conduct shall constitute a breach.

15. INTERNAL REVIEW & COMPLIANCE

15.1 All bonus accounts are subject to post-trade review.

15.2 The Company reserves the right to review:

• Trading patterns

• Execution behavior

• Account activity

• Risk exposure

15.3 Such review may be conducted:

• Before approving withdrawals

• After withdrawal requests

• Or at any time deemed necessary

16. EFFECT OF BREACH

16.1 Where a breach of bonus rules is identified, the Company may:

• Suspend or terminate the account

• Void any profits generated

• Remove bonus capital

• Reject withdrawal requests

• Restrict or ban future use of the platform

16.2 In such circumstances, only the Client's verified deposited capital may be returned (where applicable).

16.3 The Client shall have no entitlement to bonus-derived profits where a breach has occurred.

17. COMPANY DISCRETION

17.1 The Company reserves the right, acting reasonably and in good faith, to determine:

• Whether a breach has occurred

• Whether trading behavior is compliant

• Whether profits are eligible for withdrawal

17.2 Such determinations shall be based on:

• Internal systems

• Risk assessment

• Trading analytics

• Operational policies

18. SEPARATION OF CAPITAL

18.1 For clarity:

• Client deposit = Client property

• Bonus capital = Company property

18.2 Profit generated on combined capital is not automatically attributable to the Client unless conditions are satisfied.

19. NO GUARANTEE OF PROFIT WITHDRAWAL

Participation in any bonus program does not guarantee:

• Profit withdrawal

• Account continuation

• Or eligibility for payout

All outcomes remain subject to compliance with this policy.

20. RIGHT TO MODIFY OR WITHDRAW BONUS

The Company reserves the right to modify, suspend, or withdraw any bonus program at any time.

21. NO WAIVER

Failure by the Company to enforce any provision of this policy shall not constitute a waiver of its rights. Failure to enforce any bonus rule in one instance shall not operate as a waiver of its right to enforce the same or any other rule in future cases.

22. DISPUTE RESOLUTION

Any dispute arising from bonus accounts shall be treated as a contractual matter governed by the Company's Terms & Conditions. Such disputes do not constitute criminal claims but are subject to civil resolution mechanisms.

23. ACCEPTANCE OF TERMS

By accepting bonus capital, the Client confirms:

• Full understanding of these rules

• Agreement to be bound by them

• Acknowledgment that profit is conditional