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TERMS AND CONDITIONS – VANTAGE FX 50% BONUS
- Deposit Period: 1 September 2018 to 28 February 2021
- Trading Period: 1 September 2018 to 28 February 2021
1. Vantage FX is an authorized trade mark of Vantage Global Limited. Vantage Global Limited is authorized and regulated by Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL) number 1383491.
2. The “VANTAGE FX 50% BONUS” Terms and Conditions is an integral part of the “Vantage Global Limited Terms and Conditions” and provisions set herein are considered as an annex of all “Vantage Global 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 50% BONUS” 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 50% BONUS” 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.Only persons who can form legally binding contracts under the laws applicable in their country of residence may participate in the “VANTAGE FX 50% BONUS”. Without limiting the foregoing, participation in the “VANTAGE FX 50% BONUS” 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 50% BONUS”.
5. Participation of “Intermediaries/Related Parties” in the “VANTAGE FX 50% BONUS” is prohibited. If the registration and/or trading data of a participant in the “VANTAGE FX 50% BONUS” corresponds with the registration and/or trading information, including but not limited to IP address, of another participant in the “VANTAGE FX 50% BONUS”, 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 50% BONUS”, 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 50% BONUS”, 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 50% BONUS”; 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 50% BONUS”, 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.
6. 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 50% BONUS” is offered, are not allowed to participate in the offer.
C.Specific “VANTAGE FX 50% BONUS” Terms
1. Eligible Clients, who meet the criteria set forth herein are able to receive credit bonuses or otherwise known as trading credit, equal to:
a) 50% on the amount of their first deposit, up to 1,000 USD (or currency equivalent) that is made in their real (meaning not demo) Account(s) with Vantage FX. The maximum amount of credit bonus awarded to any particular Eligible Client on their first deposit will be limited to a maximum amount of 500USD (or currency equivalent) in credit.
b) 20% on the amount of their any subsequent deposit that is made in their real (meaning not demo) Account(s) with Vantage FX, provided that the maximum amount of any such credit bonus awarded to any particular Eligible Client will be limited to a maximum amount of 9,500USD (or currency equivalent) in credit.
c)The total amount of credit bonus (es) that may be accumulated during this promotion is set to 10,000USD in credit (or currency equivalent), per Eligible Client.
Table of example of this “VANTAGE FX 50% BONUS”:
|YOUR DEPOSIT||CREDIT BONUS APPLIED||YOUR CREDIT BONUS||TRADING CAPITAL BALANCE|
|$50||50% on $25||$25||$75|
|$1,000||50% on $1,000||$500||$1,500|
|$2,000||50% on $1,000 +20% on $1,000||$500 + $200 = $700||$2,700|
|$5,000||50% on $1,000 +20% on $4,000||$500 + $800 = $1,300||$6,300|
|$10,000||50% on $1,000 +20% on $9,000||$500 + $1,800 = $2,300||$12,300|
|$20,000||50% on $1,000 +20% on $19,000||$500 + $3,800 = $4,300||$24,300|
|$48,500||50% on $1,000 +20% on $47,500||$500 + $9,500 = $10,000||$58,500|
d) Eligible clients are able to request trading bonuses on the Vantage FX website for no more than 30 calendar days after each deposit.
e)This promotion is valid from 1 September 2018 to 28 February 2021. Only deposits during this period will be counted towards the calculation of the credit bonus (es) credited to your Account.
f) Accumulated credit bonus (es) under this promotion are valid and may be used to support your account margin from 1 September 2018 to 29 February 2021
g) On 1 March 2021, Vantage FX will reset any remaining credit bonus(es) redeemed under this promotion to Zero.
h) Eligible Clients can redeem their generated credit bonuses directly via dedicated functionally in Members’ Area, no later than 30 calendar days after their first deposit into their trading Account.
i) Eligible Clients may use their credit bonus in order to increase their margin during the pro
j) If your trading Account is closed or suspended, Vantage FX may cancel the “Credit Bonus” posted to your Account, along with any profits made from the “Credit Bonus”.
k) 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.
D. General Terms
1. Please note that it may take up to 1-2 Business Days before any credit bonus is added to the account of an Eligible Client who meets all of the criteria set forth herein.
2. The “VANTAGE FX 50% BONUS” is available for Standard and ECN trading accounts.
3.The “VANTAGE FX 50% BONUS” applies to all clients who open real (meaning not demo) Account with Vantage FX in accordance with the rules set herein and granted credit bonuses may be used for trading purposes only. Any profits generated can be withdrawn at any point in time, however, any withdrawal of funds will result in the proportional removal of your credit bonus.
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.
The Vantage FX reserves the right, at its sole discretion:
i. to decline registration of any participant in the “VANTAGE FX 50% BONUS”; and
ii. disqualify any participant in the “VANTAGE FX 50% BONUS” who tampers or breaches these terms and/or any of the “VANTAGE FX Business Terms and Policies” set forth on Vantage FX’s website.
6. Vantage FX reserves the right, at its reasonable discretion, to discontinue the offering of this “VANTAGE FX 50% BONUS” to any of its clients, without having to explain the reasons. Such clients will be informed via email.
7. Vantage FX reserves the right to alter, amend or terminate the “VANTAGE FX 50% BONUS” 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 50% BONUS” constitutes acceptance and agreement to abide by any such alterations, amendments and/or changes.
8.Any indication or suspicion, in the Vantage FX’s sole discretion, 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, cash-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.
9. 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.
10. This promotion may be redeemed only once by any Eligible Client.
11. Taking part in the “VANTAGE FX 50% BONUS” constitutes acceptance of these Terms & Conditions and of the Vantage Global Limited Terms and Conditions set forth on the Vantage FX’s website.
12. The “VANTAGE FX 50% BONUS” 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 50% BONUS” is mentioned to be a part.
13.The “VANTAGE FX 50% BONUS” 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.
14. If this term and condition of The “VANTAGE FX 50% BONUS” is translated into a language other than English, the English version is superior in the case of an incompatible interpretation.
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 (http://www.vantagefx.com/company-profile/legal-documentation/) (including FSG, PDSs and Terms & Conditions), 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.
To view details of past expired Vantage FX Promotions, please click here.
Basic Rules that Apply to all Vantage FX Offers
In addition to the specific terms listed for each offer, these are the rules that apply to all offers, unless explicitly stated otherwise.
- Offers cannot be used in conjunction with any other offer.
- All Vantage FX offers are only available in accordance with applicable law.
- Vantage FX offers are not designed to alter or modify an individual’s risk preference or encourage individuals to trade in a manner inconsistent with their own trading strategies.
- Traders should ensure that they operate their trading account in a manner consistent with their trading comfort level
- It is a Vantage FX sole discretion to cease any of our promotional offers at any point in time
- All offers below are not valid for traders who opened their account under an existing Introducing Broker, PAMM/MAMM, money manager or affiliate agreement.
- New Accounts are subject to approval as per Vantage FX’s account opening procedure. Individuals who apply for an account must check their local laws and regulations before applying for an account with Vantage FX
- It is at Vantage FX sole discretion to exclude you from any of the below offers if we believe you have instigated any fraudulent activities or your actions are to be found in violation of our terms and conditions or the terms and conditions of the specific offer
- Vantage FX reserves the right to decline any application or indication to participate in any promotion at its sole discretion, without the need to provide any justification or explain the reasons for such a decline.
- Vantage FX may at any time make changes to these terms and will notify you of these changes by posting the modified terms on Vantage FX website. You are advised to revise these Terms regularly, and by your continued use of Vantage FX website and services that you accept any such modified terms. Vantage FX reserves the right to modify or cancel any offers at its sole discretion at any time.
- All Vantage FX promotions only apply to Vantage FX standard accounts unless explicitly stated otherwise.