TERMS AND CONDITIONS - VANTAGE FX FREEMIUM
Deposit Period: 1 March 2019 to 28 February 2021
- 1. Vantage Global Limited operating under the trading name Vantage FX, is authorized and regulated by Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL)
- 2. The “VANTAGE FX FREEMIUM” Terms and Conditions is an integral part of the “Vantage Global Limited Terms and Conditions” and provisions set herein are considered as an annex of all “Vantage Global Limited Terms and Conditions”.
B.Conditions of Eligibility
- 1. Subject to, and without prejudice to, all other Terms and Conditions, the offer is available to Vantage FX’s Clients who have satisfied the Eligibility Criteria for the offer (“Eligible Clients”) as set out in the sections following hereinafter.
- 2. The “VANTAGE FX FREEMIUM” may be offered by Vantage FX from time to time to clients who open real trading accounts (meaning not demo) with Vantage FX, in cases where such clients are referred to Vantage FX via specific websites and/or social network sites in the context of certain specific promotions, and/or surveys that Vantage FX may be running from time to time on such specific websites and/or social network sites.
- 3. Vantage FX, at its absolute discretion, offers the “VANTAGE FX FREEMIUM” to any Client(s) and/or any countries/regions, as it deems appropriate and for as long as Vantage FX deems to provide it.
- 4. Only persons who can form legally binding contracts under the laws applicable in their country of residence may participate in the “VANTAGE FX FREEMIUM”. Without limiting the foregoing, participation in the “VANTAGE FX FREEMIUM” is not allowed for persons under the age of 18 or otherwise under legal age in their country of residence ("minors"). If you are a minor, you may not participate in the “VANTAGE FX FREEMIUM”.
- 5. Participation of “Intermediaries/Related Parties” in the “VANTAGE FX FREEMIUM” is prohibited. If the registration and/or trading data of a participant in the “VANTAGE FX FREEMIUM” corresponds with the registration and/or trading information, including but not limited to IP address, of another participant in the “VANTAGE FX FREEMIUM”, Vantage FX reserves the right to regard this matching as a reason for immediate disqualification. For the purposes hereof, the term “Intermediary (ies)/Related Party (ies)”, when used in these Terms & Conditions, unless the context otherwise requires, shall mean to include any person or entity bearing a relationship with any participant in the “VANTAGE FX FREEMIUM” , including, without limitation:
- a) family members, such as brothers, sisters, spouses, ancestors, lineal descendants and collateral descendants;
- b) person or entity, whom any participant in the “VANTAGE FX FREEMIUM”, directly or indirectly through one or more intermediaries, controls, or whom, directly or indirectly, through one or more intermediaries, is controlled by, or is under common control with any participant in the “VANTAGE FX FREEMIUM”; for purposes of this definition, the term “control” (including, with correlative meaning, the terms “controlled by“ and “under common control with”), as used with respect to any participant in the “VANTAGE FX FREEMIUM”, shall mean the possession, directly or indirectly through one or more intermediaries, of the power to direct or cause the direction of management policies of such person or entity, whether through ownership of voting securities or otherwise.
- 6. Similarly, persons associated in any manner whatsoever with Vantage FX and/or with the specific websites and/or social network sites on which Vantage FX may be running from time to time certain specific promotions, contests and/or surveys, in the context of which access to the “VANTAGE FX FREEMIUM” is offered, are not allowed to participate in the offe
C. Specific “VANTAGE FX FREEMIUM” Terms
- 1. Eligible Clients, who meet the criteria set forth herein are able to benefit from zero swaps (long or short) charges when trading the following products which are; Forex pairs (available on the Vantage FX trading platform), Gold and Silver, for the first 7 days of trading. Standard swap charges will resume from the 8th day onwards. For example, each FX, Gold and Silver transaction or position placed on the Vantage FX trading platform during this campaign will have a 7-day period where swaps are waived. If clients continue to hold those positions longer than 7 days, normal swaps apply from the Eighth day onwards subject to the above clause, will have a 7 day period where swaps charges or credits will waived.
- 2. Client will be charged Swap as normal. However, Vantage FX will calculate accumulative amount of swap charges of the month and return this total amount to client’s account by the 5th of the following month. However, If you are holding the position that can gain swap charges, we will deduct these swap charges from your account within 5th of the following month as well.
- 3. This promotion is valid from 1st March 2019 - 28th of February 2021. Swap charge will be calculated at the end of the month and return to client account on 5th of next month.
- 4. If your trading Account is closed or suspended, Vantage FX may cancel the reversal of swap charges.
- 5. Vantage FX will not be liable for any costs, expenses or damages which may be suffered as a result of Vantage FX re-setting or adjusting your Account as contemplated by these Terms and Conditions, including but not limited to losses attributable to automatically Closed Out Open Positions.
D. General Terms
- 1. The “VANTAGE FX FREEMIUM” is available for Standard and ECN trading accounts.
- 2. The “VANTAGE FX FREEMIUM” applies to all clients who open real (meaning not demo) Account with Vantage FX.
- 3. Vantage FX reserves the right, at its sole discretion:
- i. to decline registration of any participant in the “VANTAGE FX FREEMIUM”; and
- ii. disqualify any participant in the “VANTAGE FX FREEMIUM” who tampers or breaches these terms and/or any of the “VANTAGE FX Business Terms and Policies” set forth on Vantage FX’s website.
- 4. Vantage FX reserves the right, at its reasonable discretion, to discontinue the offering of this “VANTAGE FX FREEMIUM” to any of its clients, without having to explain the reasons. Such clients will be informed via email.
- 5. Vantage FX reserves the right to alter, amend or terminate the “VANTAGE FX FREEMIUM” or any aspect of it at any time without having to compensate anyone for that. Prior notice of such changes will be given to clients. Please note that taking part in the “VANTAGE FX FREEMIUM” constitutes acceptance and agreement to abide by any such alterations, amendments and/or changes.
- 6. Any indication or suspicion, in the Vantage FX’s sole discretion, of any form of arbitrage (including but not limited to risk free profiting), abuse (including but not limited to participant's trading activity patterns that indicate that the participant solely aims to benefit financially from this promotion. In these circumstances, Vantage FX reserves the right, at its sole discretion to close/suspend (either temporarily or permanently) all such Eligible Client’s real trading Account(s) with Vantage FX, cancel all orders and annul all profits of such participant. In these circumstances, Vantage FX shall not be liable for any consequences of the credit bonus cancelation, including, but not limited to, order(s) closure by Stop Out.
- 7. Taking part in the “VANTAGE FX FREEMIUM” constitutes acceptance of these Terms & Conditions and of the Vantage Global Limited Terms and Conditions set forth on the Vantage FX’s website.
- 8. The “VANTAGE FX FREEMIUM” is available for a limited period of time only, as indicated in the rules of engagement of the specific promotion, and/or survey of which the “VANTAGE FX FREEMIUM” is mentioned to be a part.
- 9. The “VANTAGE FX FREEMIUM” terms shall be governed by and construed in accordance to the laws applicable in the State of New South Wales and the Commonwealth of Australia (Australian law). Any dispute or situation not covered by these terms will be resolved by the Vantage FX in the manner it deems to be the fairest to all concerned. That decision shall be final and/or binding on all entrants. No correspondence will be entered into.
- 10. 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.
E. Risk Warning
- 1. Trading derivatives and forex carries a high level of risk to your capital and should only be traded with money you can afford to lose. Ensure you read the documents on our Legal Documents Page (https://www.vantagefx.com/company-profile/legal-documentation/) (including FSG, PDSs and Terms & Conditions), and seek independent advice, to fully understand the risks, before deciding to trade. This promotion has been prepared without taking account of your objectives, financial situation or needs.