Credit Policy

The website (the “Site”) is owned and operated by Goliath Bank Limited,(“we”, “us” or “our”) may offer Credits and special offers from time to time which are subject to this Credit Policy, the Terms and Conditioned as published on the Site, and any promotion-specific terms and conditions made available to you on the Site or otherwise (“Promotion Terms”). In the event of a conflict between the terms set in the Credit Policy, the Terms and Conditions and/or the Promotion Terms (to the extent that the terms apply to a Credit or special offer), the following order of priority shall apply: (i) Promotion Terms; (ii) Credit Policy; (iii) Terms of Service.

General Terms

1. For members located in certain jurisdictions, territories and states, certain Credits and special offers may not be available and there may be different wagering requirements for the withdrawal of Credits and any accumulated winnings. For details of where this applies, please contact us at

2. Unless stated otherwise in the applicable Promotion Terms, eligibility for Credit promotions and/or special offers is limited to one player per household even if there is more than one computer retained at the address. The identity of a user will be determined based on all or any combination of the following: name, mailing address, e-mail address, IP address, credit/charge card number, computer, and any other form of identification that may be required.

3. We may withdraw, revoke or amend any promotion at any time for any reason, without a prior notification.

4. Please refer to our [email protected] for more information on how to withdraw funds.

5. We reserve the right to refuse or void a Credit and/or profits in the event of funds being cancelled or denied by any payment service or payment provider.

Credit Funds

1. All Credits are subject to trading requirements, which require your total trades to be of a particular value, in order to be able to withdraw Credit funds and any profit associated with them.

2. Unless stated otherwise in the applicable Promotion Terms, all Credis are available for withdrawal, provided that the granted Credit has obtained a trading volume of 50,000 times of its value.
For example: Credit * 50,000 turnover = eligible for withdrawal.

3. Each Credit requires you to reach a trading volume of 50,000 in order for it to be withdrawable.
For example: (Credit 1 + Credit 2) * 50,000 turnover = eligible for withdrawal.

4. A request, to fully or partially withdraw money from your deposit, will lead to the following:

1. Given that the request is to withdraw under 20% of your deposit, your account balance will be calculated only by subtracting your withdrawal.

2. Given that the request is to withdraw 20% or over of your deposit, the subsequent Credit shall be revoked and any consequential profit.
In the case that you have no deposit funds in your trading account, you solely hold Credit funds in your trading account, and you fail to execute a trade with the Credit funds for a period of 90 days, the Credit funds in your account shall be forfeited to us without prior notice and without the option to request a refund.

Credit Abuse

1. Once it appears that there is a participation of conspired strategies, adverse exploitation of errors or adverse exploitation of failures in our software/system, or any action, which in our sole and complete discretion, is perceived as abusive (“Credit Abuse”), we reserve the right to withhold payment and/or revoke the entitlement of such user to receive or benefit from the special offer and/or Credit.

Credit Abuse includes but is not limited to:
i. the user controls or maintains more than one active account at the Site;
ii. the user’s name in the account does not match the name on the credit card(s) with which we have been provided upon creation of the account;
iii. different users share the same payment method (For example: two users that have the same wire transfer account);
iv. If a user has disputed charges (“charged back”) for any of the money that has been deposited into their account;
v. If a user acts alone or as a part of a group and establishes multiple accounts in order to claim the free Credit offers; and/or
vi. users act in a group have attempted to abuse a Credit offer;
vii. trading activity patterns that suggest fraud, manipulation, cash arbitrage or attempts to garner risk free profits by making use of any Credit; and/or
viii. fraud.

2. Furthermore, if a user’s conducts are deemed by us as Credit Abuse, we reserve ourselves the right to take, at our sole discretion, one or more of the following actions:

i. Withhold and void all the profits in any account which belongs to the user;
ii. terminate the user’s account;
iii. retain all the funds in the users’ account; and/or
Exclude users that have committed a Credit Abuse from receiving any further Credit and/or promotional offers.

Additional Provisions

1. To the extent permitted by applicable the law we will not be responsible for lost profits, revenues, or data, financial losses or indirect, special, consequential, exemplary, or punitive damages with regards to our Credits, special offers and/or this Credit Policy. In no event shall our total liability to you for all damages exceed the amount of fifty dollars ($50.00). The foregoing limitations will apply even if the above stated remedy fails of its essential purpose.

2. The Credit Policy shall be governed by, and interpreted in accordance with, the laws of the Republic of Estonia and you irrevocably submit, to the exclusive jurisdiction of the courts of the Republic of Estonia in relation to any dispute with regards to the Credit Policy. For the avoidance of doubt the aforesaid shall not prevent us nor derogate from our right, to enforce any judgment of such court or to seek interim injunctions in any relevant venue or jurisdiction.