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TERMS AND CONDITIONS - VANTAGE FX 15% Welcome Credit

TERMS AND CONDITIONS - VANTAGE FX 15% Welcome Credit Bonus Promotion

Deposit Period: 1 September 2021 to 30 November 2021
Trading Period: 1 September 2021 to 28 February 2022

A. Introduction

  • 1. Vantage FX is an authorized trade mark of Vantage International Group Limited. Vantage International Group Limited is authorized and regulated by Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL) number 1383491.
  • 2. “Vantage FX 15% Welcome Credit Bonus Promotion” Terms and Conditions is an integral part of the “Vantage International Group Limited Terms and Conditions”and provisions set herein are considered as an annex of all “Vantage International Group Limited Terms and Conditions”.

B. Conditions of Eligibility

  • 1. Subject to, and without prejudice to, all other Terms and Conditions, the offer is available to Vantage FX’s Clients who have satisfied the Eligibility Criteria for the offer (“Eligible Clients”) as set out in the sections following hereinafter.
  • 2. The “VANTAGE FX 15% Welcome Credit Bonus Promotion” may be offered by Vantage FX from time to time to clients who open real trading accounts (meaning not demo) with Vantage FX, in cases where such clients are referred to Vantage FX via specific websites and/or social network sites in the context of certain specific promotions, and/or surveys that Vantage FX may be running from time to time on such specific websites and/or social network sites.
  • 3. Vantage FX, at its absolute discretion, offers the “VANTAGE FX 15% Welcome Credit Bonus Promotion” to any Client(s) and/or any countries/regions, as it deems appropriate and for as long as Vantage FX deems to provide it.
  • 4. VANTAGE FX will offer this to new and existing clients who resides in countries/regions listed below:
Eligible Countries All countries Except China, Vietnam,Indonesia
  • 5. Only persons who can form legally binding contracts under the laws applicable in their country of residence may participate in the “VANTAGE FX 15% Welcome Credit Bonus Promotion”. Without limiting the foregoing, participation in the “VANTAGE FX 15% Welcome Credit Bonus Promotion” is not allowed for persons under the age of 18 or otherwise under legal age in their country of residence ("minors"). If you are a minor, you may not participate in the “VANTAGE FX 15% Welcome Credit Bonus Promotion”.
  • 6. Participation of “Intermediaries/Related Parties” in the “VANTAGE FX 15% Welcome Credit Bonus Promotion” is prohibited. If the registration and/or trading data of a participant in the “VANTAGE FX 15% Welcome Credit Bonus Promotion” corresponds with the registration and/or trading information, including but not limited to IP address, of another participant in the “VANTAGE FX 15% Welcome Credit Bonus Promotion”, Vantage FX reserves the right to regard this matching as a reason for immediate disqualification. For the purposes hereof, the term “Intermediary (ies)/Related Party (ies)”, when used in these Terms & Conditions, unless the context otherwise requires, shall mean to include any person or entity bearing a relationship with any participant in the “VANTAGE FX 15% Welcome Credit Bonus Promotion”, including, without limitation:
  • a) family members, such as brothers, sisters, spouses, ancestors, lineal descendants and collateral descendants;
  • b) person or entity, whom any participant in the “VANTAGE FX 15% Welcome Credit Bonus Promotion”, directly or indirectly through one or more intermediaries, controls, or whom, directly or indirectly, through one or more intermediaries, is controlled by, or is under common control with any participant in the “VANTAGE FX 15% Welcome Credit Bonus Promotion”; for purposes of this definition, the term “control” (including, with correlative meaning, the terms “controlled by“ and “under common control with”), as used with respect to any participant in the “VANTAGE FX 15% Welcome Credit Bonus Promotion”, shall mean the possession, directly or indirectly through one or more intermediaries, of the power to direct or cause the direction of management policies of such person or entity, whether through ownership of voting securities or otherwise.
  • 7. Similarly, persons associated in any manner whatsoever with Vantage FX and/or with the specific websites and/or social network sites on which Vantage FX may be running from time to time certain specific promotions, contests and/or surveys, in the context of which access to the “VANTAGE FX 15% Welcome Credit Bonus Promotion” is offered, are not allowed to participate in the offer.

C. Eligibility:

  • Eligible Clients mean:
  • a) Anyone who has successfully opened a new live trading account with Vantage FX during the Account Opening Period;
  • b) Meet the deposit requirement during the Deposit Period; and
  • c) Satisfy the trading requirement during the Trading Period.
  • Eligible Clients will be able to receive Credit bonus on their firstdeposit that is made in their live Account(s) with Vantage FX as per below.
  • The sample of qualifying deposit and trading volume requirements are as follows:
Deposit tiers
(USD)
Credit bonus
(USD)
Trading volume in 6 months
(standard lots)
50 7.5 1.125
200 30 4.5
500 75 11.25
1,000 150 22.5
5,000 750 112.5
10,000 1,500 225
50,000 7,500 1,125
70,000 or Above 10,000* 1,500
  • d) If eligible Clients meets the trading volume requirements within 6 months(under the same trading account started from the account activation date), the trading credit amounts credited to the account under this promotion will be converted to cash.
  • e) Clients eligible for the cash bonus must submit application in writing to [email protected] to apply for it. Requests will be processed within 1-2 business days.
  • f) Eligible Clients allowed to have maximum 5 accounts under the same name of an existing client is eligible for this promotion.
  • g) Accounts that do not meet the trading requirement as set in these terms will have their credits reset to Zero on 28 February 2022
  • h) If a trading Account is closed or suspended, Vantage FX may cancel the “Credit Bonus” posted to your Account.
  • i) Vantage FX will not be liable for any costs, expenses or damages which may be suffered as a result of Vantage FX re-setting or adjusting your Account as contemplated by these Terms and Conditions, including but not limited to losses attributable to automatically Closed Out Open Positions.
  • j) Vantage FX will not be liable for any costs, expenses or damages which may be suffered as a result of Vantage FX re-setting or adjusting your Account as contemplated by these Terms and Conditions, including but not limited to losses attributable to automatically Closed Out Open Positions.
  • k) Cash bonuses are based on volume traded on Forex, Gold, Oil and Silver products and rebates earned are applied when a trade is closed (a trade must be closed for the c to be calculated).

D. General Terms

  • 1. Please note that it may take up to One Business Day before any credit bonus is added to the account of an Eligible Client who meets all of the criteria set forth herein and will take up another One-Two Business Days to convert credit bonus to Cash bonus once Eligible clients meet of the criteria on C.
  • 2. The “VANTAGE FX 15% Welcome Credit Bonus Promotion” is available for Standard and Raw ECN trading accounts.
  • 3. The “VANTAGE FX 15% Welcome Credit Bonus Promotion” applies to all clients who open real (meaning not demo) Account with Vantage FX in accordance with the rules set herein. Any profits generated can be withdrawn at any point in time without deduction, however, any withdrawal of funds will result in the removal of your whole credit bonus.
  • 4. Credit bonuses cannot be (i) transferred to any other person; (ii) transferred to another account held by the Eligible Clients; or (iii) exchanged for other financial services or benefits provided by Vantage FX.
  • 5. The Vantage FX reserves the right, at its sole discretion:
  • 6. to decline registration of any participant in the “VANTAGE FX 15% Welcome Credit Bonus Promotion”; and
  • 7. disqualify any participant in the “VANTAGE FX 15% Welcome Credit Bonus Promotion” who tampers or breaches these terms and/or any of the “VANTAGE FX 15% Welcome Credit Bonus Promotion” set forth on Vantage FX’s website.
  • 8. Vantage FX reserves the right, at its reasonable discretion, to discontinue the offering of this “VANTAGE FX 15% Welcome Credit Bonus Promotion” to any of its clients, without having to explain the reasons. Such clients will be informed via email.
  • 9. Vantage FX reserves the right to alter, amend or terminate the “VANTAGE FX 15% Welcome Credit Bonus Promotion” or any aspect of it at any time without having to compensate anyone for that. Prior notice of such changes will be given to clients. Please note that taking part in the “VANTAGE FX 15% Welcome Credit Bonus Promotion” constitutes acceptance and agreement to abide by any such alterations, amendments and/or changes.
  • 10. Any indication or suspicion, in the Vantage FX’s sole discretion, hedging among their accounts, of any form of arbitrage (including but not limited to risk free profiting), abuse (including but not limited to participant's trading activity patterns that indicate that the participant solely aims to benefit financially from the Credit Bonus without being genuinely interested in trading in the markets and/or taking market risk), fraud, manipulation, Credit-back arbitrage connected to a credit bonus or any other forms of deceitful or fraudulent activity, will nullify all previously credited credit bonuses of the Eligible Client’s real trading Accounts with Vantage FX and/or any and all transactions carried and/or profits or losses garnered therein. In these circumstances, Vantage FX reserves the right, at its sole discretion to close/suspend (either temporarily or permanently) all such Eligible Client’s real trading Account(s) with Vantage FX, cancel all orders and annul all profits of such participant. In these circumstances, Vantage FX shall not be liable for any consequences of the credit bonus cancelation, including, but not limited to, order(s) closure by Stop Out.
  • 11. In the event that Account becomes Dormant all previously awarded credit bonus (es) will be immediately withdrawn from the respective Eligible Clients’ real Account with the Vantage FX.
  • 12. This promotion may be redeemed only once by any Eligible Client.
  • 13. Taking part in the “VANTAGE FX 15% Welcome Credit Bonus Promotion” constitutes acceptance of these Terms & Conditions and of the Vantage International Group Limited Terms and Conditions set forth on the Vantage FX’s website.
  • 14. The “VANTAGE FX 15% Welcome Credit Bonus Promotion” is available for a limited period of time only, as indicated in the rules of engagement of the specific promotion, and/or survey of which the “VANTAGE FX 15% Welcome Credit Bonus Promotion “is mentioned to be a part.
  • 15. The “VANTAGE FX 15% Welcome Credit Bonus Promotion” terms shall be governed by and construed in accordance to the laws applicable in the State of New South Wales and the Commonwealth of Australia (Australian law). Any dispute or situation not covered by these terms will be resolved by the Vantage FX in the manner it deems to be the fairest to all concerned. That decision shall be final and/or binding on all entrants. No correspondence will be entered into.
  • 16. If these terms and conditions are translated into a language other than English, then the English version of the terms shall prevail where there is an inconsistency.
  • 17. The provider of this offer is Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL) No. 1383491.

E. Risk Warning

  • 1. Trading derivatives and forex carries a high level of risk to your capital and should only be traded with money you can afford to lose. Ensure you read the documents on our Legal Documents Page (https://www.vantagefx.com/company-profile/legal-documentation/) and seek independent advice, to fully understand the risks, before deciding to trade. This promotion has been prepared without taking account of your objectives, financial situation or needs.