"Alpha Account" means the Account of an Eligible Client, that is subject to these Terms and receiving the Price+ Scheme together with the Benefits.
"Benefits" mean any Subscription(s), priority customer service and additional member benefits as may be included in these Terms from time to time, including the accrual of Trading Points.
"CMC Markets" shall mean CMC Markets UK plc and CMC Spreadbet plc as applicable, and references below to “us or “our” shall be construed accordingly.
"CMC Markets Platform" means the CMC Markets electronic trading platform, as updated from time to time.
"Eligible Client" means a client who meets the requirements for eligibility, according to clause 2 of these Terms.
"Price+ Scheme" means the scheme described in these Terms whereby Eligible Clients receive the Trading Discounts.
"Subscription" means the free 'The Financial Times'1 subscription that Eligible Clients receive when they move to an Alpha Account, which allows them access to content from The Financial Times on The Financial Times website - www.ft.com - and other applications.
"Terms" mean these 'CMC Markets Alpha Terms and Conditions'.
"Terms of Business" refers to the CMC Markets UK plc terms of business or the CMC Spreadbet plc financial betting terms of business (as applicable to the Eligible Client).
"Tier(s)" shall mean Tier 3, Tier 4, and Tier 5 categories, as set out at clause 5 of these Terms.
"Trading Discount(s)" shall mean the point(s) earned by an Eligible Client on different asset classes and trade sizes, as set out at clause 4 of these Terms.
"Trading Point(s)" shall mean the point(s) earned by an Eligible Client on different asset classes and trade sizes, as set out at clause 4 of these Terms.