Sales Promotion Terms & Conditions
Forex Volume Rebates / 10% Bonus Offer
Open a standard MT4 account and deposit any amount between $1,000 and $200,000, and we'll give you a 10% trading credit bonus. For every standard FX lot you trade, we'll convert $2 of your trading credit into real equity on your account.
- Traders must deposit at least $1,000 AUD (or equivalent) into a new Vantage FX standard account to participate ("original deposit").
- Vantage FX will offer this to new and existing clients at their discretion. If you have been emailed this offer, you qualify. Other existing clients who wish to participate, please contact [email protected]
- The trading credit is 10% of your original deposit and the credit is capped at a maximum of $20,000. This will be credited to your account within 24 working hours after the deposit is received by Vantage FX. Internal transfers, balance adjustments, Introducer/Affiliate rebates or commissions of any kind will not be considered new funds.
- Traders must opt-in to be part of this promotion by expressly confirming his or her decision by submitting the online form at https://www.vantagefx.com/get-trading/promotion-opt-in or by emailing [email protected]. They are to then contact their account manager to confirm eligibility.
- "1 standard FX lot" means a round-turn trade of 1 standard lot on currency pairs only.
- Trading credit cannot be converted to real balance. However, each time you trade you can earn a trading rebate (cash) transferred to your MT4 balance. Your trading credit is adjusted as you earn rebate (up to the same amount of rebate). For example, if you earn $10 AUD dollars in rebate, we will reduce your trading credit by 10 Credit Units. Refer to table 1.0 for more details
- "Real equity" can be withdrawn at any point in time.
- Unconverted trading credit cannot be withdrawn as cash.
- You may withdraw your original deposit at any time – however, if you opt to withdraw, your 10% trading credit will also be removed from your account accordingly. If part of your original deposit is withdrawn, your 10% bonus will be removed on a pro rata basis, therefore a partial trading credit removal will take place.
- If your account equity is less than the trading credit on your account, the remaining credit may be withdrawn at our discretion, which could in turn force a stop out of all open positions on your account.
- Daily calculation of lots is made at 00:50 platform time GMT+2 and is calculated to end of day. The trading credit will convert as a cash deposit into the client's existing trading account automatically on a daily basis.
- This promotion commenced on June 17th, 2013. Any trading activity before this date will not qualify for this promotion unless specifically authorised by Vantage FX. It is at Vantage FX’s sole discretion to decide if a client's previous activity will qualify for this promotion
- This program can be retracted at any time of Vantage FX's choosing and account eligibility will be subject to our discretion.
Table 1.0: Rebate Calculation
|Base Currency||Rebate amount per
Standard FX lot
New Zealand Dollar
Basic Rules that Apply to all Vantage FX Offers
In addition to the specific terms listed above, these are the rules that apply to all offers, unless explicitly stated otherwise.
- Offers cannot be used in conjunction with any other offer.
- All Vantage FX offers are only available in accordance with applicable law.
- Vantage FX offers are not designed to alter or modify an individual’s risk preference or encourage individuals to trade in a manner inconsistent with their own trading strategies.
- Traders should ensure that they operate their trading account in a manner consistent with their trading comfort level
- It is a Vantage FX sole discretion to cease any of our promotional offers at any point in time
- All offers below are not valid for traders who opened their account under an existing Introducing Broker, PAMM/MAMM, money manager or affiliate agreement.
- New Accounts are subject to approval as per Vantage FX's account opening procedure. Individuals who apply for an account must check their local laws and regulations before applying for an account with Vantage FX
- It is at Vantage FX sole discretion to exclude you from any of the below offers if we believe you have instigated any fraudulent activities or your actions are to be found in violation of our terms and conditions or the terms and conditions of the specific offer
- Vantage FX 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.
- Vantage FX may at any time make changes to these terms and will notify you of these changes by posting the modified terms on Vantage FX website. You are advised to revise these Terms regularly, and by your continued use of Vantage FX website and services that you accept any such modified terms. Vantage FX reserves the right to modify or cancel any offers at its sole discretion at any time.
- All Vantage FX promotions only apply to Vantage FX standard accounts unless explicitly stated otherwise.