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Lunar New Year Red Packet Draw Terms and Conditions
1. Introduction
These Terms and Conditions ("Terms") govern the Lunar New Year Red Packet Draw ("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 3 February 2025 to 28 February 2025 ("Promotion Period"), both days inclusive.
3. Eligibility
The Promotion is open to clients who meet the following criteria:
- Must have a Vantage trading account (excluding PAMM & MAM accounts); and
- Must be a resident of Eligible Countries/Regions.
4. Participation Requirements
To participate, clients must:
- Opt-in this promotion to the Promotion via Client Portal or Vantage APP; and
- Fund in a minimum USD$200 deposit of fresh funds.
5. Bonus or Reward Structure
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Eligible clients will earn one (1) lucky draw ticket for every USD$200,000 notional volume traded. The trading volume and lucky draw ticket count, as reflected on the Client Portal or APP, will be updated daily.
Notional Volume (Closed Side in USD) Lucky Draw Entry $200,000 1 $300,000 1 $400,000 2 -
Lucky Draw prizes are as follows:
Cash Prize (USD) Quantity $888 15 $88 15 $8 150 - Vantage will announce the winners on Client Portal & Vantage APP by 14 March 2025.
6. Disqualification
Vantage reserves the right to disqualify any participant who:
- Violates any of the Terms;
- Provides false information;
- Engages in abusive trading practices, such as churning; or
- Engages in fraudulent or suspicious trading activities as defined in the Client Agreement.
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. 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.
9. 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.
10. 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.
11. Contact Information
For any inquiries related to this Promotion, please contact the Vantage Customer Support team at [email protected].
DEFINITIONS
1. 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.
2. Fresh fund refers to funds that do not originate from any existing trading account or funds that are not withdrawn and re-deposited 30 days before or during the Promotion Period. Internal transfers, balance or cash adjustments, Introducer/Affiliate rebates, or any form of commissions will not be considered as fresh funds or new deposits, and therefore, will not be counted towards this Promotion.
3. Lucky Draw Ticket refers to the entry given to Eligible Clients for the purpose of entering the Promotion’s lucky draw.
4. Prize refers to any of the items or rewards specified in the Promotion, including but not limited to physical items, vouchers or cash prizes.
5. Trading Account refers to the account held by the Eligible Client with Vantage for the purpose of trading financial products.
6. 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.
7. 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
- 1. The Promotion applies only to valid STP and ECN accounts. Cent accounts, USDT, BTC, and ETH currency accounts are not eligible unless specifically stated.
- 2. Clients referred by a PAMM/MAM or money manager are ineligible to participate in any Vantage offers unless otherwise specified.
- 3. 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.
- 4. New accounts are subject to Vantage's standard approval processes. Clients are responsible for understanding their local laws and regulations prior to application.
- 5. 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.
- 6. Clients agree to indemnify and hold Vantage harmless from any claims arising from participation in offers, including violations of terms or applicable laws.
- 7. In the event of any discrepancy between the English version of these Terms and any translated version, the English version shall prevail.