1. Introduction
These Terms and Conditions ('Terms') govern the No Deposit Bonus (NDB) Promotion ('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 new clients who meet the following criteria:
- Must be a resident of Eligible Countries/Regions.
If a client does not see the Promotion available in their account during the relevant Promotion Period, they are deemed ineligible.
4. Participation Requirements
To participate, new clients must:
- Open a STP, ECN and Copy Trading account with Vantage Trading. Premium accounts, BTC/ETH currency accounts and Cent accounts are not eligible.
- Complete the necessary Know Your Client (POI/POA/POF) assessment.
5. Bonus or Reward Structure
- Eligible clients will receive free trading credits within 24 hours depending on their KYC completion date:
• USD$100 (15,000 JPY) within the first 7 days of Live Account approval
• USD$70 (10,000 JPY) after 7 days of Live Account approval - Bonus will be granted to the first account opened. If the first account opened is archived, the client will not receive the bonus. Trading accounts will be archived and rendered unusable after 90 days of no deposits or trading.
- If the first account opened is denominated in BTC or ETH, the bonus shall be credited only to the next subsequently opened account denominated in USD or JPY.
- Trading credits will be removed if there is no trading activity for more than 30 days after receiving the bonus.
- For copy trading accounts, only trades manually executed by the Client shall be considered qualifying trading activity for this Promotion. Trades executed through copy trading or any automated functionality shall not be recognized as valid qualifying trades.
- This No Deposit Bonus is available for claim only once per client.
6. Deposit and Withdrawal Conditions
1. Deposits from all payment channels are eligible for this Promotion.
2. Internal transfers, balance adjustments, cash adjustments, Introducer/Affiliate rebates, or any form of commissions will not be considered as eligible deposits for the purpose of this Promotion.
3. Clients must meet the following trading requirements to withdraw profits generated from trading with the bonus credits. Please refer to the appendix for further clarification.
Rules for Clients Without Deposit
- Clients who have not made a deposit are required to trade a minimum of three (3) standard lots to withdraw any profits.
- The maximum withdrawable profit amount is capped at USD$70 (10,000 JPY).
Rules for Clients with Deposit
- Clients who have made at least one deposit are required to trade a minimum of one (1) closed trade to withdraw their profits.
- There is no maximum withdrawal limit for these clients.
- Each trade place must be held for a minimum of 5 minutes.
- Any withdrawal of funds from an account will result in the proportional deduction of all previously awarded trading bonus(es) based on 20% of the remaining cash balance after withdrawal.
- When clients transfer funds to another account, the sending account will retain a bonus equivalent to 20% of its remaining cash balance after the transfer. The receiving account will not receive any bonus credit.
7. 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.
8. Modification and Termination
Vantage reserves the right to amend, suspend, or terminate this Promotion or any of the Terms at its discretion, with updates provided on the Vantage website.
9. Local Laws and Jurisdiction
This Promotion is subject to the laws and regulations of Vanuatu. By participating, you agree that any disputes arising from these Terms will be governed by and resolved under the jurisdiction of the courts of Vanuatu.
10. 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.
11. 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.
12. Contact Information
For any inquiries related to this Promotion, please contact the Vantage Customer Support team at [email protected].
APPENDIX
Unit=JPY
| NBD Bonus | Deposit | Deposit Bonus | Profit | Trade vol. | Withdrawable amount | Withdrawal | Balance after withdrawal （Cash＋Credit） |
| 15,000 | 0 | 0 | 5,000 | 0 lot | Unable | 0 | Total: 20,000
(Cash: 5,000 + Credit: 15,000） |
| 15,000 | 0 | 0 | 5,000 | 3 lots | 5,000 | 5,000 | Total: 0
(Cash: 0 + Credit: 0） |
| 10,000 | 10,000 | 12,000
*120% deposit bonus | 10,000 | 1 time | 20,000 | 5,000 | Total: 18,000
(Cash: 15,000 + Credit: 15,000×20%=3,000） |
| 10,000 | 0 | 0 | 10,000 | 3 lots | 10,000 | 5,000 | Total: 6,000
(Cash: 5,000 + Credit: 5,000×20％=1,000） |
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. Leverage Ratio
the ratio applied to an Eligible Client's trading account that affects the amount of margin required for trading.
4. Trading Credits
refers to the bonus funds credited to an Eligible Client's trading account, which cannot be withdrawn but can be used for trading.
5. Promotion
refers to the special offer or bonus made available by the Company, as described in these Terms.
6. Promotion Period
refers to the specific period during which the Promotion is active, as defined by the Company.
7. Standard lot
represents 100,000 units for Forex or 100 oz for gold (XAUUSD), etc. For more information on standard lot specifications for our products, refer to your website.
8. Trading Account
refers to the account held by the Eligible Client with Vantage for the purpose of trading financial products.
9. 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.
10. 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. 2023-0318).
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