100% First-Time Deposit Bonus Promotion
WMarkets - Western Sahara Worldwide
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.
The following terms shall have the meanings assigned to them in the table below:
| TERMS | DEFINITION |
|---|---|
| Bonus | A one-time, non-withdrawable credit equal to 100% of the Client's first deposit, solely for trading purposes. |
| Promotion Period | The time frame during which the Promotion is valid: from 2nd June, 2025 to 31st December, 2025. |
| Client | A person who registers for and funds a WMarkets trading account during the Promotion Period. |
| Restricted Countries | Jurisdictions identified on the Company's website as ineligible for participation. |
| Operative Agreements | The collective term for the Client Agreement and any other applicable contractual documentation governing the Client's relationship with WMarkets. |
| Website | The official website of WMarkets: wmarkets.io. |
• 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• Profits generated from trading with the Bonus may be withdrawn, subject to full compliance with the applicable trading withdrawal requirements outlined in these Terms.
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.
The Promotion is valid for Standard, Pro, and Cent account types.
The Bonus applies to both new and existing clients who have not made a prior deposit.
The Bonus applies to all trading instruments offered by WMarkets.
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.
The Bonus is non-transferable across accounts.
The Bonus amount cannot be withdrawn under any circumstances.
Losses incurred while trading with the Bonus will not affect or be deducted from the Client's deposited funds.
The maximum leverage during the Promotion is 1:500.
The stop-out level applicable during the Promotion is adjusted to 50%.
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.
Initiating a withdrawal will result in the revocation of any remaining Bonus balance.
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.
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.
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.
The Client agrees to indemnify WMarkets from any liability, loss, or expense arising from the Client's breach of these Terms.
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.
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.
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.
All decisions made by WMarkets concerning disputes, eligibility, or the interpretation of these Terms shall be final and binding.
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.
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.
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.
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.