1. Introduction

These Terms and Conditions ("Terms") govern the Vantage emo trading Contest Promotion ("Promotion") offered by Vantage Global Limited ("Vantage" or "the Company"), a company registered with the Vanuatu Financial Services Commission (VFSC) under Registration No. 700271. By participating in this Promotion, you acknowledge and agree to comply with these Terms.

2. Promotion Period

The Promotion is available from 1 December 2022 until further notice ("Promotion Period"), both days inclusive. The Promotion operates on a bi-monthly schedule, consisting of a one-month Registration Period and a one-month Contest Period, as indicated on the website.

3. Eligibility

The Promotion is open to clients who meet the following criteria:

● Must be a new or existing client under Vantage.

● Must be a resident of Eligible Countries/Regions.

● Contestants do not need to have a live trading account at the time of registration to join the contest. However, to claim the prize and have it credited to your account, you must open a fully verified and approved Vantage live trading account.

4. Participation Requirements

To participate, clients must:

● Register for the contest via https://www.vantagemarkets.com/en/promotions/demo-contest/ during the Registration Period;

● Login and trade using the provided STP demo account during the Contest Period.

5. Contest Rules

● Contestants will receive an email from Vantage on the start date of the Contest Period containing login credentials for their unique demo contest STP account.

● The demo contest account would have a total of USD$10,000 virtual funds on the MT4 platform.

● Once the Contest Period begins, contestants can trade freely within the competition timeframe. Only trades held for a minimum of two minutes will be counted.

● Scoring will be finalized on the last day of the Contest Period at 10:00 AM (GMT+7).

● Contestants will be ranked based on the highest percentage (%) gain at the end of the Contest.

Example Calculation:

○ Starting equity = $10,000

○ Ending equity = $50,000

Percentage Gain (%) = [(50,000 - 10,000) / 10,000] * 100 = 400% Gain

● In the event that two or more contestants achieve the same percentage (%) gain, the contestant with the lowest drawdown will be declared the winner.

6. Bonus or Reward Structure

● At the end of the Contest, Vantage will process the prize as trading credit to the winners' live trading accounts. The prize structure is as follows:

● To claim the prize, the winners must have a Vantage live trading account that is fully verified and approved in accordance with the Client Agreement. The company reserves the right to revoke the eligibility of any winner who does not meet the criteria of having a Vantage live trading account as defined above.

● Each client can only receive a prize once. Winners from previous rounds may participate again but will not be eligible for additional prizes.

● For this Promotion only, clients may convert the credit prize into cash by completing a minimum number of closed lots equal to 1% of the credit prize amount received.

● In the event where the client’s credit prize has been reduced due to withdrawal or credits deduction conditions, only the remaining credits at the time of withdrawal may be converted into cash. If the credits has increased beyond the initial prize amount, only the original credit prize may be withdrawn. For example:

● To initiate a withdrawal, contestants are required to submit a written application to [email protected] for processing. Requests will be reviewed and processed within 3 business days.

7. Withdrawal Conditions

● Withdrawals of deposit and/or profit before converting the credit prize into cash may result in the deduction or forfeiture of the reward, at Vantage's sole discretion.

● Going into a negative balance while holding the credit prize will trigger auto debt write-offs which may result in the forfeiture of the bonus or reward, at Vantage’s sole discretion.

8. Disqualification

Vantage reserves the right to disqualify any participant who:

● Violates any of the Terms;

● Provides false information;

● Engages in suspicious trading activities or abusive trading practices, such as churning.

9. 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.

10. 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.

11. 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.

12. 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.

13. Contact Information

For any inquiries related to this Promotion, please contact the Vantage Customer Support team at [email protected].

DEFINITIONS

• New User refers to an individual who does not currently have, and has never previously held, a live account with Vantage, including those with an interest in Forex and CFDs trading.
• Eligible Client refers to clients who meet the eligibility criteria to participate in the Promotion, as specified in these Terms.
• 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.
• Percentage Gain (%) refers to the
  Formula: Percentage Gain (%) = [(Ending equity - Starting equity) / Starting equity] * 100
• Drawdown is the difference between the highest balance point in a trading account and the subsequent lowest balance point. To illustrate, if a demo trading account begins with a balance of $100,000 and, following a losing trade, the account's equity decreases to $95,000, the account has encountered a $5,000 drawdown.
• Auto Debt Write-Offs refers to the automatic trigger of credit deduction to offset the negative balance amount when the client goes into negative balance.
• Credit Prize refers to the bonus funds credited to an Eligible Client's trading account as a reward for winning the demo trading contest, which cannot be withdrawn but can be used for trading.
• 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.
• 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.
• 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, please refer to the Client Agreement available on the website.

GENERAL TERMS AND CONDITIONS

• The Promotion applies only to valid STP and ECN accounts. Cent accounts, USDT, BTC, and ETH currency accounts are not eligible unless specifically stated.
• Clients referred by a PAMM/MAM or money manager are ineligible to participate in any Vantage offers unless otherwise specified.
• Clients are prohibited from using trading credits for hedging positions. Vantage may revoke any trading credit or profits generated through hedging if violations are detected.
• New accounts are subject to Vantage's standard approval processes. Clients are responsible for understanding their local laws and regulations prior to application.
• Clients should ensure that their trading activities align with their individual risk preferences, as this Promotion is not intended to alter the client's risk appetite or trading strategy.
• Clients agree to indemnify and hold Vantage harmless from any claims arising from participation in offers, including violations of terms or applicable laws.
• In the event of any discrepancy between the English version of these Terms and any translated version, the English version shall prevail.