1. Introduction
These Terms and Conditions ('Terms') govern the 120/100% + 50% + 20% Deposit Bonus ('Promotion') offered by Vantage Prime Trading Limited ('Vantage Trading' or 'the Company'), a company registered with the VFSC reg. no. 00318. By participating in this Promotion, you acknowledge and agree to comply with these Terms.
2. Promotion Period
The Promotion is available from 1 April 2024 and will be active until further notice ('Promotion Period').
3. Eligibility
The Promotion is open to clients who meet the following criteria:
- Must have a STP, ECN, Copy Trading and Cent account with Vantage Trading. Premium accounts & BTC/ETH currency accounts are not eligible.
- Must be a resident of Eligible Countries/Regions.
4. Bonus or Reward Structure
- For first time deposits,
• 120% of the first deposit within the first 7 days of Live Account approval, up to 75,000 JPY (USD 500).
• 100% of the first deposit after 7 days of Live Account approval, up to 75,000 JPY (USD 500). - 50% of the second deposit, up to 150,000 JPY (USD 1,000).
- 20% of subsequent deposits.
Here are some examples of how much credit bonus you will get based on your first-time deposit amount:
Currency Unit = Yen
| | First Deposit within 7 days of Account Registration. | First deposit after 7 days from Account Registration. |
First Deposit Amount 100,000 | 【Bonus Rate 120%】 62,500 x 120% = 75,000 37,500 x 20% = 7,500
Bonus Received Total = 82,500 | 【Bonus Rate 100%】 75,000 x 100% = 75,000 25,000 x 20% = 5,000
Bonus Received Total =80,000 |
Second Deposit Amount 300,000 | 300,000 × 50% = 150,000 |
Third and Subsequent Deposit Amount 2,000,000 | 2,000,000 × 20% = 400,000 |
- The total credit amount is capped at a maximum of USD$20,000 per eligible client for this Promotion.
5. Deposit and Withdrawal Conditions
- Internal transfers, balance adjustments, cash adjustments, Introducer/Affiliate rebates, or any form of commissions shall not be considered as eligible deposits for the purpose of this Promotion.
- The Credit Bonus is non-withdrawable and may only be used for trading purposes. Any profits generated from trading using the Credit Bonus are eligible for withdrawal, in accordance with the standard withdrawal process unless otherwise stated herein. Any losses incurred will be deducted from your Account Balance and shall not be offset against the Credit Bonus unless otherwise determined by the Company’s system.
- Where an Eligible Client withdraws funds that are not solely derived from realised trading profits, including withdrawals from the Account Balance or Original Deposited Funds, a portion or the entirety of the Credit Bonus shall be deducted.
The Credit Bonus deduction shall be calculated on a proportionate basis, by reference to the withdrawal amount (the “Withdrawal Amount”) and the Eligible Client’s Account Equity, Account Balance, realized profits or losses and outstanding Credit Bonus at the time of withdrawal, in accordance with the principles below:
(a) Withdrawal that is less than the profit generated:
Where the Withdrawal Amount is equal to or less than the realized trading profits generated, no trading credit will be deducted.
(b) Withdrawal that exceeds the profit generated:
Where the Withdrawal Amount exceeds realised trading profits and includes a portion of the Account Balance, the Credit Bonus deduction percentage shall be calculated as follows:
Credit Deduction Percentage: [Original Deposited Funds – (Account Equity – Credit Bonus – Withdrawal Amount)] ÷ Original Deposited Funds
Credit Bonus Deduction Amount: Credit Deduction Percentage × Credit Bonus
(c) Withdrawal from the remaining account balance when incurs losses:
Where the Eligible Client has incurred trading losses and withdraws from the remaining Account Balance, the Credit Bonus deduction percentage shall be calculated as follows:
Credit Deduction Percentage: Withdrawal Amount ÷ (Account Equity – Credit Bonus)
Credit Bonus Deduction Amount: Credit Deduction Percentage × Credit Bonus
(d) No Trading Activity:
Where no trading activity has occurred and the Eligible Client withdraws the Original Deposited Funds, the Credit Bonus deduction percentage shall be calculated as follows:
Credit Deduction Percentage: Withdrawal Amount ÷ (Account Equity – Credit Bonus)
Credit Bonus Deduction Amount: Credit Deduction Percentage × Credit Bonus
All Credit Bonus deductions shall be automatically calculated by and applied by the Company’s systems. The Company’s determination shall be final and binding. - The table below is provided for illustrative purposes only. In the event of any inconsistency, the Company’s system calculation and determination shall prevail.
| Scenario | Outcome |
| When a client makes a withdrawal that is equal to or less than the profit generated from trading | No credits will be deducted. |
| When a client makes a withdrawal that exceeds the profit generated from trading | The system will deduct credits proportionately based on the portion of funds withdrawn. |
| When a client incurs trading losses and makes a withdrawal from the remaining account balance |
- If clients make an internal balance transfer, the same proportion of trading credit shall be deducted accordingly. For the avoidance of doubt, allocating funds for strategy-following or copy trading purposes shall be treated as an internal balance transfer.
6. Disqualification
Vantage reserves the right to disqualify any participant who:
- Violates any of the Terms;
- Engages in abusive trading practices, such as churning; or
- Provides false information or engages in fraudulent activities.
7. Modification and Termination
Vantage reserves the right to amend, suspend, or terminate this Promotion or any of the Terms at its discretion including removing or deducting any credit bonus from a participant account and voiding any profits generated with the use of trading credit. This may occur due to violations of the Terms, suspicious or abusive trading practices or misuse of the credit bonus. Update or changes will be communicated via email and posted on the website.
8. Data Protection and Privacy
By participating, you consent to the collection and processing of your personal data in accordance with our Privacy Policy, which is available on our website.
9. Liability
Vantage is not liable for any losses, damages, or claims arising from participation in the Promotion. Vantage's liability is limited to the fullest extent permitted by law and will not exceed the total amount of funds deposited by the client.
10. Contact Information
For any inquiries related to this Promotion, please contact the Vantage Trading Customer Support team at [email protected]
APPENDIX
The examples below are provided for illustrative purposes only. In the event of any inconsistency, the Company’s system calculation and determination shall prevail.
Example 1: Withdrawal that is less than the profit generated
Where a client generates a profit of 300 and withdraws 300, the credit balance shall remain unaffected, as follows:
| Before Withdrawal | Withdraw / Credit Deduction | After Withdrawal |
| Deposit (Balance) | 1,000 | Withdrawal Amount= -300
Credit Deduction Amount= 0 | 1,000 |
| Credit | 500 | 500 |
| Realised PnL | 300 | |
| Equity | 1,800 | 1,500 |
Example 2: Withdrawal that exceeds the profit generated
Where the client makes a withdrawal of 600 exceeding the realised profit, an amount of 150 will be deducted from the promotional credit, as follows:
Credit Deduction Percentage: [Original Deposited Funds – (Account Equity – Credit Bonus – Withdrawal Amount)] ÷ Original Deposited Funds
Credit Bonus Deduction Amount: Credit Deduction Percentage × Credit Bonus
| Before Withdrawal | Withdraw / Credit Deduction | After Withdrawal |
| Deposit (Balance) | 1,000 | Withdrawal amount= -600
Credit Deduction Amount= -150
Calculation: credit out % = 1000 - (1800 - 500 - 600) / 1000 = 0.3 credit out amount = 0.3 x 500 = $150 | 700 |
| Credit | 500 | 350 |
| Realised PnL | 300 | |
| Equity | 1,800 | 1,050 |
Example 3: Withdrawal from the remaining account balance when incurs losses
Where the client has a realised PnL of 200, a portion of the withdrawal amounting to 187.5 will be deducted from the credit bonus, as follows:
Credit Deduction Percentage: Withdrawal Amount ÷ (Account Equity – Credit Bonus)
Credit Bonus Deduction Amount: Credit Deduction Percentage × Credit Bonus
| Before Withdrawal | Withdraw / Credit Deduction | After Withdrawal |
| Deposit (Balance) | 1,000 | Withdrawal amount= -300
Credit Deduction Amount= -187.5
Calculation: credit out % = 300 / (1300 - 500) = 0.375 credit out amount = 0.375 x 500 = $187.5 | 500 |
| Credit | 500 | 312.5 |
| Realised PnL | -200 | |
| Equity | 1,300 | 812.5 |
Example 4: No Trading Activity
Where a client has not conducted any trading, a withdrawal of the full deposited amount will result in the full deduction of the credit bonus (500), reducing the account balance, credit, and equity to zero.
Credit Deduction Percentage: Withdrawal Amount ÷ (Account Equity – Credit Bonus)
Credit Bonus Deduction Amount: Credit Deduction Percentage × Credit Bonus
| Before Withdrawal | Withdraw / Credit Deduction | After Withdrawal |
| Deposit (Balance) | 1,000 | Withdrawal Amount= -1,000
Credit Deduction Amount=-500
Calculation: credit out % = 1000 / (1500 - 500) = 1 credit out amount = 1 x 500 = $500 | 0 |
| Credit | 500 | 0 |
| Realised PnL | 0 | |
| Equity | 1,500 | 0 |
Example 5: Withdrawal of Profits Earned Without Making a Deposit After Stop-Out
If a client trades using the remaining Credit Bonus after a stop-out (Cash Adjustment) without making a new deposit, and subsequently withdraws any profits earned, the remaining Credit Bonus will be deducted in full.
Example 6: Internal Transfer
If a client transfers any amount between their own accounts, the bonus credit will be deducted using the same calculation methodology as withdrawals, in accordance with the corresponding scenarios illustrated in Examples 1, 2, 3, and 4.
DEFINITIONS
1. Eligible Client refers to clients who meet the eligibility criteria to participate in the Promotion, as specified in these Terms.
2. Eligible Countries/Regions refers to the countries or regions where the Promotion is accessible to clients through their Client Portal, subject to local laws and regulations.
3. Credit Bonus refers to the bonus funds credited to an Eligible Client's trading account, which cannot be withdrawn but can be used for trading.
4. Deposit Bonus refers to the bonus amount credited to the Eligible Client’s trading account as part of the Promotion, based on qualifying deposits.
5. First Time Deposit refers to the initial deposit made by a client, assessed at the user level (not account level), and is considered the client’s first-ever deposit with Vantage.
6. Second Time Deposit refers to the second deposit made by a client, assessed at the user level (not account level).
7. Subsequent Deposit refers to any deposit made by the Eligible Client after their first and second deposit, or the portion that exceeds $500/75,000 JPY from the first deposit and $1,000/150,000 JPY from the second deposit during the Promotion Period.
8. Trading Account refers to the account held by the Eligible Client with Vantage for the purpose of trading financial products.
9. Leverage Ratio refers to the ratio applied to an Eligible Client's trading account that affects the amount of margin required for trading.
10. Account Balance reflects your actual deposited funds and realised PnL from trading activities. Profits or losses are directly applied to this balance, while the bonus credit remains unaffected and serves solely as an additional margin for trading purposes.
Formula: Account Balance = Account Equity - Credit Bonus - Floating PnL.
11. Churning refers to the practice of opening and closing Margin FX or CFD transactions solely to benefit from promotional offers, rather than executing trades based on sound investment strategies.
12. Suspicious Trading Activity refers to any conduct that Vantage, based on reasonable assessment, determines compromises the integrity of its services or markets, including holding opposing positions, exploiting low liquidity or price gaps, or engaging in abusive practices. For details, see the Client Agreement on the website.
GENERAL TERMS AND CONDITIONS
The following conditions apply to all offers/promotions/giveaways/contests (“offers”), unless explicitly stated otherwise:
- Offers cannot be used in conjunction with any other offer unless explicitly stated otherwise.
- All Vantage Trading offers apply exclusively to valid STP and ECN accounts. PremiumCent [5] [6] accounts, BTC and ETH currency accounts are not eligible unless explicitly stated otherwise.
- Clients referred by a PAMM/MAM or money manager are not eligible to participate in any Vantage offers.
- All Vantage Trading offers are only available in accordance with applicable laws and product intervention orders.
- Vantage Trading offers are not intended to influence an individual's risk preferences or encourage trading inconsistent with their own strategies. Clients should ensure that they operate their trading account in line with their comfort level.
- New accounts are subject to approval according to Vantage Trading's account opening procedure. Individuals applying for an account must review their local laws and regulations before applying with Vantage Trading.
- Vantage Trading reserves the right to disqualify clients from claiming a trading credit from Vantage Trading offers if they make deposits via e-wallet/digital coin channels, including but not limited to USDT, Neteller, and Skrill.
- Clients are not permitted to use the trading credit for hedging positions. Vantage Trading reserves the right to cancel a client's eligibility for credit bonus offers, remove partial or all credit bonuses from their trading account, and eliminate partial or all profits generated by hedging positions without prior notice.
Vantage Trading may exclude and/or cancel a client's participation in its offers if: a) they engage in churning (opening and closing Margin FX or CFD transactions solely for the purpose of benefiting from an offer); b) they engage in internal or external hedging; c) they violate the Client Agreement or breach the terms and conditions of any offers In such cases, Vantage Trading has the right to remove any bonus amounts or incentives from the trading account.
- Vantage Trading may make changes to these terms and conditions at any time and will inform you of such changes by posting the modified terms on the Vantage Trading website. It is advisable to regularly review these Terms, and by continuing to use Vantage Trading's website and services, you accept any modified terms. Vantage Trading retains the right to modify or cancel offers at its sole discretion, at any time.
- In the event of suspected misconduct, fraud, abuse, or violation of the Terms and Conditions, Vantage Trading may cancel, modify, or reverse any rewards or promotional incentives, and withdraw the eligibility of any participant at its absolute discretion. Furthermore, Vantage Trading reserves the right to disqualify, decline or reject any subscription to the offers or participant at any stage of the offers, without prior notice or liability to any individual.
- Vantage Trading’s decision or resolution regarding the award of all prizes, disqualification of any participant and/or in every situation including any not covered by these Terms and Conditions, shall be final and binding on all participants of any offers. Vantage Trading is not obliged to entertain or respond to any queries, challenges, or appeals made against the Company’s decision pertaining to any offers.
- Clients agree to indemnify and hold Vantage Trading harmless from and against any claims, actions, damages, liabilities, costs, and expenses (including legal fees) arising from or related to their participation in any offers, including any violation of the Terms and Conditions, breach of any applicable laws or regulations, or infringement of third-party rights. Vantage Trading is not responsible for any losses, costs, expenses, or damages that may be incurred in connection with this offer, to the extent that such liability cannot be excluded by law.
- Vantage Trading, its affiliates, directors, officers, employees, or agents shall not be held liable for any losses, damages, or liabilities incurred by clients as a result of participating in any offers, including but not limited to financial losses, system failures, technical glitches, or any other unforeseen circumstances.
- Vantage Trading may exclusively collect and process the personal data you provide in connection with any offers, with your explicit consent and for the specific purpose stated. Your data will be managed in accordance with the applicable data protection laws to ensure both your privacy and data security.
- In the event of any inconsistency, the English version of these terms and conditions shall prevail if the terms are translated into a language other than English.
- The provider of this offer is Vantage Prime Trading Limited. (Reg. No. 2023-00318).