Terms and Conditions
This promotion is valid from 07/06/2021 00:00-07/08/2021 23:59 (GMT+3)
“Trade Loss Rescue” is offered by Vantage Global Limited (VFSC reg. no. 700271) (herein “the Company” or “Vantage FX”) to the Company’s clients.
This promotion is open to new clients of Vantage FX who make deposits via the Vantage FX APP during the promotion period.
- This offer is open to all new MT4 account types offered by Vantage FX
- “New clients” are defined as clients who have not funded via the Vantage FX App before.
- By participating in this promotion, clients acknowledge that they have read and agreed to be bound by these promotion’s Terms and Conditions and Vantage FX’s Client Agreement.
How does the promotion work?
- The client can opt-in the promotion by making an initial deposit of at least 100 units of the account base currency (e.g., 100 USD, 100 EUR, etc.) via the Vantage FX App, and a “Trade Loss Rescue Voucher” will be issued to the client’s account automatically within 24 hours.
- The client can find the Trade Loss Rescue Voucher under “Profile”-“Coupon Management”- “Cash voucher”
- To use the voucher, the client can tap “Redeem”, then select one of the orders he/she wants to rescue from the drop-down menu. The trading loss of the selected order will be written off.
- The written off of the trading loss of the selected order can be found under the “Balance” within 24 hours after the trade loss voucher has been redeemed.
- The maximum trading loss write-off is 20 units of the account base currency (e.g., 20 USD, 20 EUR. If the account is denominated in JPY, the maximum written-off amount is 2,000 JPY).
- Only orders within the previous 30 days can be rescued.
- The Trade Loss Rescue Voucher will be expired in 30 days since issued.
- Each order can only be rescued once.
- Only the trading loss of the selected order can be rescued. Swaps and Spreads are not included in trading loss.
Terms and Conditions
The following conditions apply to all offers unless explicitly stated otherwise:
- This offer 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 trading strategies.
- Clients should ensure that they operate their trading account in a manner consistent with their trading comfort level.
- New Accounts are subject to approval as per Vantage FX’s account opening procedure explain the reasons for such a decline.
- Vantage FX at its sole discretion can exclude a client from participating in its offers or promotions if it believes a suspected fraudulent activity or an action by a client is found to in violation of its Client Agreement or the offer/promotion Terms and Conditions. In case of a breach, Vantage FX reserves the right to deduct any bonus amounts.
- Vantage FX may at any time make changes to these terms and conditions and will notify you of these changes by posting the modified terms on the Vantage FX App. You are advised to revise these Terms regularly and by your continued use of the Vantage FX App 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.
- Vantage FX may at any time, at its sole discretion, cease or discontinue any of its promotions.
- All Vantage FX promotions only apply to Vantage FX standard accounts unless explicitly stated otherwise.
- Vantage FX 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.
- 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 any inconsistency.
- The provider of this offer is Vantage Global Limited (VFSC reg. no. 700271).
Additional Terms and Conditions
- If your Account is closed or suspended, Vantage may cancel the bonus in your Account, along with any profits made from this offer.
- This offer is limited to one applicant per IP address All Vantage promotions only apply to standard accounts unless explicitly stated otherwise.
- You must be over 18 years of age to register to apply for an account.
- Vantage may amend or discontinue this offer without any prior notice to current or prospective applicants and without having to compensate anyone for that.
- 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 Client Agreement.
- 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.