Apple iPhone 7 Offer

Apple iPhone 7 – Terms and Conditions

Participation Criteria
  1. This offer is open to both new and existing EightCap account holders including clients who are referred to EightCap through an Introducing Broker (IB).
  2. To receive an entry into the draw, clients must:
    – fund a minimum deposit of at least 500 (account base currency) (“Original Deposit”) into a new or existing EightCap live standard trading account; and
    – trade a minimum of 10 standard FX lots on that trading account (1 standard FX lot means a round-turn trade on 1 standard lot on currency pairs only – CFDs including indices, metals and commodities are not included).
  3. Clients must also register to enter the draw either by emailing their Account Manager or the Client Services Desk to
  1. The draw commences on Tuesday, November 1, 2016 and is available until Wednesday, November 30, 2016 (“Promotional Period”). Any requests made before or after this promotional period will not be deemed eligible, unless specifically authorised by EightCap.
  2. There are three (3) Apple iPhone 7 available in total to be won by qualified participants. Only one prize can be won per client.
  3. Participants are eligible to enter the draw once only (per client not per account). This means even if you choose to fund and trade more than one trading account, you still only qualify for one entry into the draw, subject to participation criteria above.
  4. Qualified participants have until the 31st of December 2016 to trade the minimum lot required (“Trading Period”). Any trading activity made after the trading period will not qualify for the draw, unless specifically authorised by EightCap.
  5. Please note that ‘real equity’ can be withdrawn at any time. However, if you receive an entry into the draw and choose to withdraw part or all of your original deposit from your trading account before you satisfy the minimum trading requirements, then your entry into the draw will be disqualified and removed accordingly.
Winner Announcement
  1. The selection of iPhone 7 prize winners will be made on Tuesday, January 3, 2017 and will be done at random.
  2. EightCap will endeavor to notify the winning account holders within three (3) business working days of the selection being made (“Confirmation Period”). Winners will be initially contacted by phone and formally via email.
Prize Delivery
  1. The iPhone 7 will be ordered after the winners are selected. The winning account holder can choose the colour of the iPhone 7 and this must be emailed to We will then email the order number to the winning account holder’s registered email address within 8 – 10 business working days for reference.
  2. The delivery date for the iPhone 7 prize will depend on Apple’s delivery schedule and product availability. Please note that EightCap will follow Apple’s delivery guidelines when sending the prize (see here for Apple’s delivery instruction).
  3. The iPhone 7 will only be delivered to the winning account holder’s registered residential address on the account application form (EightCap will not deliver the prize to any other address). Please notify EightCap of any changes to your registered residential information during the confirmation period.
  1. EightCap will only consider a live trading account ‘Funded’ once the deposit you make have been received by us and cleared into your live trading account. Please note that ‘Internal Transfer’, ‘Balance Adjustments’ or commissions of any kind will not be considered as original or new deposits by EightCap.
  2. EightCap will always endeavor to clear client funds into their trading account at the earliest possible convenience. However, please keep in mind that payment volumes may be at unexpectedly high levels at times, and this, along with reliance on third-party payment providers may lead to slight delay in depositing times. We strongly advise participating traders to refer to our Funding page for further information on estimated funding times before selecting your method of funding.
  1. These terms and conditions must be read in conjunction with the General Terms and Conditions that apply to all EightCap’s promotional offers.
  2. Entry into the draw signifies acceptance of all conditions. Eligible participants are required to abide by the terms and conditions as presented.
  3. EightCap reserves the right to withhold the prizes, if in our reasonable belief, there has been co-operation, collusion or organisation of answers/bets/trades from the same source, or we have a reasonable belief that the draw is being abused in any way.
  4. EightCap also has the sole discretion to determine participant’s eligibility, including, without limitation, whether or not the minimum trading requirements have been met. Our determination shall be final and conclusive and shall not be open to challenge.
  5. The prizes are non-transferable or redeemable for cash or any other alternative prize, and cannot be combined with any other promotion or offer.
  6. EightCap’s decision relating to any aspect of this draw shall be final and binding, and strictly no correspondence will be entered into.
The terms and conditions of this draw are governed by the laws of the state of Victoria, Australia.
If you have any questions or queries regarding the draw or the terms relating to the draw, please contact us on +61 3 8373 4800 or email