nomo Credit Bonus Terms and Conditions

Last updated: January 2025
Issued by: Nomo Trade Limited (IBC No. 2023-00509)
Registered Office: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, LC01 401, Saint Lucia
1. Introduction
These Terms and Conditions (“Terms”) govern the issuance and use of the Credit Bonus (“Bonus”) provided by Nomo Trade Limited (“nomo”, “we”, “our”, “us”) to eligible clients (“Client”, “you”). By accepting the Bonus, the Client confirms full acceptance of and compliance with these Terms.
2. Nature and Purpose of the Credit Bonus
2.1. The Bonus is a non-withdrawable trading credit granted at nomo’s sole discretion.
2.2. The Bonus is reflected as “Credit” in the Client’s trading account and is intended solely as margin support to enhance trading capacity.
2.3. Profits generated from trading activities using the Bonus are fully withdrawable, subject to successful verification by the Compliance Department.
2.4. The Bonus amount itself is non-withdrawable, non-transferable, and cannot be converted into cash or used outside the platform.
2.5. The Bonus does not absorb losses: if the Client’s equity falls to or below the Bonus value, the Bonus is automatically removed, and open positions may be forcibly closed.
2.6. Each Client may be granted one Bonus per account unless otherwise explicitly authorized.
2.7. The Bonus is removed upon any withdrawal, regardless of amount. The Client may subsequently become eligible for a new Bonus, at nomo’s discretion.
3. Restrictions and Limitations
3.1. The maximum cumulative Credit Bonus across all accounts of a single Client shall not exceed USD $10,000.
3.2. Bonuses are non-transferable between users or accounts.
3.3. Any form of abuse, including but not limited to arbitrage, hedging between accounts, latency exploitation, or coordinated trading for risk-free gains, will result in immediate revocation of the Bonus and may lead to account suspension.
4. Illustrative Scenarios: Bonus Removal and Profit Realization

Scenario A: Withdrawal with Profit (Bonus Removed)

  • Client deposits $1,000 in real funds.
  • nomo grants a $1,000 Credit Bonus (Total equity = $2,000).
  • Client earns $600 in profit through trading.
  • Upon request for withdrawal of $1,000, the Bonus is removed.
  • Post-withdrawal balance:
    - Real funds + Profit = $1,600
    - Credit = $0
  • Result: Client retains profits; Bonus is removed. Client may request a new Bonus.

Scenario B: Losses Trigger Automatic Bonus Removal

  • Initial setup identical to above.
  • Trading results in $1,000 unrealized loss.
  • Equity drops to $1,000, matching the Credit Bonus value.
  • Bonus is removed due to non-participation in losses.
  • Remaining equity: $0
  • Result: All positions closed via stop-out; Bonus forfeited.
5. nomo’s Rights and Disclaimers
nomo retains the unilateral right to:
  • Decline to issue a Bonus to any Client at its discretion;
  • Modify, suspend, or terminate the Bonus program at any time without prior notice;
  • Remove an active Bonus in cases of abuse, inactivity, suspicious behavior, or breach of Terms;
  • Suspend or terminate client accounts violating the Bonus Terms or general platform conditions.
The Bonus program is subject to change without notice. nomo shall not be liable for any direct or indirect losses resulting from Bonus removal.
6. Legal Acknowledgment
By participating in the Bonus program, the Client:
  • Acknowledges and agrees to all clauses contained herein;
  • Understands that the Bonus is not risk-free capital;
  • Accepts that any profits made from the Bonus are contingent on compliance review and platform terms.
nomo promotes responsible trading and encourages Clients to exercise appropriate risk management.