Vantage Global Prime Refer-a-PRO-Friend Promotion Terms and Conditions
1. THE PROMOTION:
1.1 This Promotion is offered by Vantage Global Prime Pty Ltd (ACN 157 768 566) (“Vantage”) to its existing and prospective wholesale Australia clients (herein “wholesale” or “PRO” or “Pro”) as defined by Vantage’s Client Categorisation Notice.
1.2 This Promotion is offered to all MT4 and MT5 account types offered by Vantage.
This Promotion is valid from 8 March 2023 (the “Promotion Period”).
3. HOW TO PARTICIPATE:
3.1 The Referrer (existing wholesale client) must opt-in to this Promotion via Client Portal before he/she starts referring friends to Vantage.
3.2 The client referred by the Referrer must:
Step 1: Open a new account with Vantage with the Referrer’s unique referral link; and
Step 2: Become an approved Vantage wholesale client as defined by Vantage’s Client Categorization Notice; and
Step 3: Meet the following deposit and trade requirements within 90 calendar days upon becoming an approved Vantage wholesale client.
|Bonus Payable to Referred Client and Referrer
|Make a first deposit of AUD$10,000 and above
|FX, Gold, Silver, or Crude Oil: 200 standard lots round trip
|For Vantage Pro Clients satisfying either the Sophisticated Investor
Test or Wealth Test: AUD$1,000 each
|Make a first deposit of AUD$20,000 and above
|FX, Gold, Silver, or Crude Oil: 400 standard lots round trip
|For Vantage Pro Clients satisfying either the Sophisticated Investor
Test or Wealth Test: AUD$2,000 each
3.3 The Referred Client must place the trades by themselves and keep them open for at least 10 minutes and not use hedged positions.
Together, the “Requirements”
4.1 Clients classified as a retail client as defined by Vantage’s Client Categorisation Notice are excluded from participating in this Promotion.
4.2 By participating in this Promotion, both the Referred Client (prospective client) and the Referrer (existing client) acknowledge that they have read and agreed to be bound by these Promotional Terms and Conditions, Terms and Conditions of Service, and Wholesale Client’s legal documents which are also available on the website.
4.3 The Referred Client must be a natural person that opens a new live account with Vantage for the first time and is approved for Wholesale client status in accordance with Vantage Client Categorisation Notice.
4.4 This Promotion can only be claimed once per household.
5. COMMUNICATION OF THE PROMOTION:
5.1 The Referrer must not promote this offer to the public via paid advertisements, search engines or public blog sites.
6. THE PAYMENT OF THE PROMOTION
6.1 For the purpose of this offer, a new Client will be regarded as an applicant or a close affiliate of an applicant who has never registered to apply for a live account with Vantage and is accepted by Vantage and approved for a Wholesale client status. Vantage will in its sole discretion determine whether an applicant is a genuine new client by assessing whether the applicant is associated or affiliated with any other existing account holder with Vantage, including those with previously closed accounts.
6.2 Each Referrer can only receive cash bonus(es) from up to three (3) referrals.
6.3 Vantage reserves the right to stop or refuse payment of the promotion if any of these rules are breached or there is any suspected abuse of the promotion.
6.4 Vantage will review clients’ eligibility within 10 business days after the Requirements are met. Upon approval, the cash bonus will be added to both the Referrer and Referred Client’s accounts.
6.5 The accounts must be open, active, and not subject to any dispute or default.
GENERAL TERMS AND CONDITIONS
The following conditions apply to all offers unless explicitly stated otherwise:
- 1. This offer cannot be used in conjunction with any other offer.
- 2. All Vantage offers are only available in accordance with applicable law.
- 3. Vantage offers are not designed to alter or modify an individual’s risk preference or encourage individuals to trade in a manner inconsistent with their trading strategies.
- 4. Clients should ensure that they operate their trading account in a manner consistent with their trading comfort level.
- 5. New Accounts are subject to approval as per Vantage’s account opening procedure.
- 7. Vantage 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.
- 8. Vantage reserves the right to exclude and/or cancel a client’s participation in its offers or promotions if: a) Churning (opening and closing of Margin FX or CFD transaction just for the sole purpose of earning a bonus);
b) the client is found to be in violation of its Client Agreement or has breached the promotions terms and conditions. In case such misconduct or the breach, Vantage shall have the right to deduct any bonus amounts from the trading account.
- 9. Vantage may at any time make changes to these terms and conditions and will notify you of these changes by posting the modified terms on Vantage website. You are advised to revise these Terms regularly, and by your continued use of Vantage website and services that you accept any such modified terms. Vantage reserves the right to modify or cancel any offers at its sole discretion at any time.
- 10. Vantage may at any time, at its sole discretion, cease or discontinue any of its promotions.
- 11. Vantage will not be liable for any loss, costs, expense, or damage which may be suffered in connection with this offer and which by law may not be excluded by these Terms.
- 12. If these terms and conditions are translated into a language other than English, then the English version of the terms shall prevail where there is an inconsistency.
- 13. The terms and conditions of this promotion is governed by the laws of the state of New South Wales (NSW) and subject to the jurisdiction of courts in NSW.
ADDITIONAL TERMS AND CONDITIONS
- 1. If your Account is closed or suspended, Vantage may cancel the bonus in your Account, along with any profits made from this offer.
- 2. This offer is limited to one applicant per IP address All Vantage promotions only apply to standard accounts unless explicitly stated otherwise.
- 3. Only transactions in FX Contracts apply to this offer unless explicitly stated otherwise.
- 4. You must be over 18 years of age to register to apply for an account.
- 5. Vantage may amend or discontinue this offer without any prior notice to current or prospective applicants and without having to compensate anyone for that.
- 6. If Vantage suspects a client has abused or attempted to abuse this offer to the detriment of Vantage beyond the intention of the offer, then Vantage may deny, cancel or withdraw the offer to that client, and either temporarily or permanently terminate that client’s access to the online services and suspend or close the client’s account. This may also apply if the client has breached Vantage’s Terms and Conditions.
- 7. The applicant acknowledges and agrees that for an account to be established and accepted by Vantage, Vantage is required to perform identification checks in accordance with anti-money laundering and counter-terrorism financing laws and regulations (AML/CTF Laws). Vantage may, in its sole discretion, choose to reject an application if it is not satisfied as to the applicant’s identity or if it suspects on reasonable grounds that by accepting an application, Vantage may breach the AML/CTF Laws.