1.1 These Marketing and Financial promotion guidelines (hereinafter Guidelines) form an integral part of the Marketing Affiliate Agreement and Web-Referral (Introducing Business partner) Agreement and may be amended from time to time.
1.2 Affiliates and IBs are only permitted to use official Admiral Markets (hereinafter AM) tools, which can be found in the Promo Tools section of your Partners’ Room.
1.3 Affiliates and IBs must not issue marketing tools and are not authorised to promote AM through search engines, social media networks, ad networks, websites, marketing emails or similar channels or other sources that haven’t been previously reviewed and approved by AM.
1.4 These Guidelines have been composed according to the rules and requirements of ESMA and MIFID 2 and are subject to their basic obligations. These guidelines should be taken in conjunction with those, alongside the particular legal requirements of the country where promotions may take place.
1.5 “Marketing Communication” is defined as all and any advertising materials in any medium of communication, including but not limited to any electronic or online communication, marketing materials, publications and all marketing operation related issues which the affiliate is using to introduce clients to AM.
1.6 Affiliates and IBs are not permitted to offer investment advice, legal advice, inducement, recommendation or portfolio management to clients and/or potential clients or to handle any of their funds or cash.
1.7 Restricted audience - AM services and products traded are only available to individuals who are at least 18 years old.
1.8 Restricted countries - In order to get the complete list of countries where AM does not offer its services, please ask your personal manager.
1.9 General communication guidelines
2.1 AM will be monitoring the communication on an ongoing basis to ensure compliance with these guidelines. If compliance issues occur on a regular basis, AM may need to reconsider the cooperation as a whole.
2.2 You may therefore be contacted at any time by your personal manager to amend and/or remove material as AM may deem appropriate. If that is the case, Affiliates and IBs must comply within 24 hours.
2.3 If Affiliates and IBs face any issues with timely compliance, this should be immediately communicated to your personal manager for an extension of the timeframe.
2.4 Affiliates and IBs are obligated to notify AM about any changes that they make to AM promotions on their website(s).
2.5 These guidelines may be updated at any time, as regulatory bodies may change legislation and/or interpretation of legislation, and consequently Affiliates and IBs will need to comply with the updated guidelines at all times.
3.1 Affiliates and IBs should always notify the potential client of the risk associated with the services offered in the Marketing Communication.
3.2 Review all the risk warnings
3.3 ESMA risk warning
3.3.1 The following posts require the ESMA risk warning, either included in the post text or in an accompanying image:
3.3.2 The required disclaimer is:
*XX% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Note that the percentage in the disclaimer is updated on a quarterly basis, and the updated percentage will be provided each quarter.
3.3.3 Chart risk warning
Any screenshots of charts from the trading terminal need the following disclaimer:
Source: Admiral Markets MT5/MT4, XXX Hourly/Daily/Weekly chart (between XXX, 201X, to XXX 201X). Accessed: XXX, 2019, at XX:00pm GMT - Please note: Past performance is not a reliable indicator of future results.
3.3.4 Personal examples risk warning
If a webinar, seminar host gives a personal example of their trading experience, they need to say:
Past performance is not a reliable indicator of future results.
3.3.5 When indicating to PAST PERFORMANCE:
3.3.6 When indicating to FUTURE PERFORMANCE:
4.1 Acceptable and unacceptable language
‘Simple’ or ‘easy’ in relation to trading or making money
‘Simple’ and ‘easy’ can be used in relation to using certain trading tools
Do not use ‘best’, ‘top’, ‘highest’
Use ‘one of the best’, ‘one of the top’, etc.
Do not say ‘trade Forex, commodities, indices, etc.
Say ‘Trade Forex, CFDs on commodities, indices, etc.’
Do not say ‘no experience needed’, ‘you don’t need any experience to be a successful trader’ or make similar claims
Do not use words like ‘play’, ‘gamble’ or ‘bet’ in association with trading
5.1 AM is NOT authorised to provide the investment service of investment advice or portfolio management.
5.2 Affiliates and IBs must NOT provide any investment and/or financial advice and/or portfolio management services to the potential clients, including money management.
6.1 Affiliates and IBs must always use your correct personal information. Do not use false personal information that could mislead clients and/or potential clients, such as false names, postal and email addresses.
6.2 Do not contact the same client using different email addresses or phone numbers.
6.3 Ensure you have clients’ prior consent when sending Marketing Communication concerning AM.
6.4 The Affiliates and IBs affiliate shall under no circumstances present itself as being operated and/or representing and/or being the agent and/or employee of AM. The Affiliates and IBs shall not use the AM name in a way as to give to the public and/or any regulator the impression of the above. The Affiliates and IBs shall refrain from using AM name in communication with the potential clients such as in email communication in a way that it appears that the communication is being sent by the AM and/or on behalf of AM.
Annex 1. Marketing Rules Admiral Markets UK Ltd.