“World Cup Craze with Vantage” Promotion Terms and Conditions

This promotion is valid from 14/11/2022 12:00:00 to 23/12/2022 23:59:59 (GMT+3)

The “World Cup Craze with Vantage” promotion is offered by Vantage Global Limited (VFSC reg. no. 700271) (the “Company” or “Vantage”) to the Company’s clients.

PROMOTIONS TERMS AND CONDITIONS:

1. This promotion is open to both new and existing Vantage App clients. By participating in this promotion, clients acknowledge that they have read and agreed to be bound by these Terms and Conditions and Vantage’s General Terms and Conditions.

2. A new client must open a new live account with Vantage (not a “demo” account). By opening a new account and/or participating in this promotion, the client acknowledges to have read and agreed to be bound by these Terms and Conditions and Vantage’s Client Agreement.

3. A client will be regarded as an applicant if one has never registered to apply for a live account with Vantage and is accepted by Vantage. Vantage will at its sole discretion determine whether an applicant is a genuine new client by assessing whether the applicant is associated with any other existing account holder with Vantage, including those with previously closed accounts.

4. The “World Cup Craze with Vantage” promotion consists of various in-app activities to engage Vantage App users.  This promotion applies to both demo and live accounts, however only live account users will be eligible to redeem and utilise the rewards.  The reward(s) such as cash, cash vouchers, deposit cashback, deposit cash rebates coupons, trade-loss rebates vouchers, and/or contract orders will be awarded to clients who have participated in the in-app activities upon fulfilling certain criteria.

5. The “World Cup Craze with Vantage” in-app engagement includes but is not limited to the following activities:

    A. Guess the outcome for each match

• Clients may participate in guessing a total of 64 matches (Group matches, round 16, quarterfinal, semi-final, and final) during the entire campaign period.
• The guessing for each match will commence at least 24 hours before the kick-off of the match.
• The outcome of the match will be updated within 48 hours after the match has ended.
• Should the client manage to guess the correct outcome of the match, an icon will display on the main page’s match line-up, indicating the prize(s) is ready for collection.
• Client may win up to USD 1.0 cash reward for each match that they have guessed correctly.
• The amount of cash awarded to the client will be based on the rewards mechanics set out by Vantage, which is based on 5 scenarios as shown in the table below:

• The first match to guess will commence on 20 November 2022 and the last match to guess will be on 18 December 2022.
• All cash reward won during the entire World Cup campaign has a withdrawal requirement. See item 13 below for more info.

    B. Guess the Winner of World Cup 2022

• Guess the winner page can be accessed from the main page of the “World Cup Craze with Vantage” promotion.
• Each client may only select their winning team once, and no changes are allowed after the client has confirmed their selection.
• The last day to participate in the promotion is on 29 Nov 2022, 1800 hrs (GMT +3)
• The result of the winner of World Cup 2022 will be announced within 48 hours after the final match has ended. The final match of World Cup 2022 is scheduled to kick off on 18 Dec 2022.
• Clients who manage to correctly pick the winner of World Cup 2022, will be awarded additional prize(s).  Please refer to the Vantage App for the results and details pertaining to the additional prize(s).

    C.  Individual participation and correct guesses achievements

• Clients are entitled to receive additional rewards if they achieved a certain amount of participation and/or a certain amount of correct guesses. See the table below for each achievement.

• Upon achieving the milestones, the icon within the app will be highlighted, indicating that the client may collect their prize(s) for their achievements.
• These prize(s) may consist of deposit savings coupons, trade-loss vouchers, cash vouchers, products CFD and/or cash.

6. The coupons, vouchers, and contract orders issued during this World Cup App Campaign are subject to their respective withdrawal criteria and usage requirements. The rewards are non-transferable, non-refundable, and non-exchangeable for cash in part or full and are valid for a single transaction only. Any unused vouchers will become unavailable upon expiration.

7. All coupons and vouchers collected will expire in 15 days after the date of issuance unless otherwise stated. All vouchers will all be stored in their respective tabs within the “My Rewards” page.

8. To view the coupons, vouchers, and contract orders collected during the promotion period, clients may tap on their in-app “Profile” icon, and access under the “Coupon Management” tab. The prizes won from the “World Cup” will be automatically stored in the client’s “My Rewards” page, which can be accessed directly via the promotion page too.

9. Deposit Cashback Coupon:

• The deposit requirements and rebates will be indicated on the coupon and based on the client’s account base currency.
• To use the coupon, clients must select and apply the desired coupon during the depositing process.
• Using the “Deposit $300 and get $28” coupon as an example, the cashback amount will be applied when the deposit is made successfully. The deposit requirements and cashback amount according to each account currency type are listed in the table below:

For example, if Client A uses an AUD account, the deposit amount will be 300 AUD. The cashback amount that the client is entitled to be 28 AUD.

• If redeeming more than one coupon, clients must meet the withdrawal requirements for each coupon respectively in a sequence where the coupons are being used.
• Only successful deposits made via a valid Visa Card, Mastercard, Sticpay, Bitwallet, PAY2DAY, ZotaPay, Hong Kong Bank Transfer, Vietnam Bank Transfer, India Bank Transfer, Indonesia Bank Transfer, Thailand Bank Transfer, Philippines Bank Transfer and Malaysia Bank Transfer will be eligible for this promotion. The rebate amount will NOT be applied if a client makes his/her initial deposit via other means (BPAY, bank wire, etc.)
• The deposit cashback amount cannot be withdrawn or transferred to another account unless the account is granted to make a trade in FX, Gold (XAUUSD, XAUAUD), Silver (XAGUSD, XAGAUD), and Crude Oil (CL-OIL, USOUSD, UKOUSD) offered by Vantage.  The cashback will be reversed if a withdrawal is initiated without making a trade.
• The withdrawal requirements are based on the savings, rewards, or cashback amount where every $10 will require a minimum of 2 standard trading lots. Using the “Deposit $300 get $28” coupon as an example again, clients will require 4 standard trading lots in this case.
• However, for deposit savings, rewards, or cashback amount that is below $10 and $5, it will require 1 standard trading lot and 0.5 standard trading lot respectively.

10. Trade-Loss Voucher:

• To use the Trade-Loss voucher, clients will have to tap the voucher and select one of the orders from the list that the client intends to act on. The trading loss of the selected order will be offset according to the value of the Trade-Loss voucher selected.
• The offset trading loss amount of the selected order will be reflected under the “Balance” within 24 hours after using the Trade-Loss voucher.
• The unit of the Trade-Loss voucher will be indicated on the voucher and based on the client’s account base currency (e.g., 5 USD, 5 EUR, 35 HKD, 500 JPY) unless otherwise stated.  For example, it is a multiplier of 7 for the Hong Kong Dollar (HKD) and 100 for the Japanese Yen (JPY).
• The Trade-Loss voucher can only be used on trades that are closed after the collection of the voucher and each order can only apply one Trade-Loss voucher.
• Trade-Loss vouchers cannot be used on Swaps and Spreads.

11. Contract Orders – Products & Stocks:

• The value of the contract order will be indicated on the voucher. If the client’s trading account is not based on US Dollars, Vantage will convert the value based on the exchange rate where the bonus is claimed.
• If the client receives a product or stock (CFD), it will appear as an open trade in their respective symbol and it would be a 1:1 leverage position. Stock (CFD) won will follow according to US marketing trading hours at the time the CFD is used.
• To close the “open trade” and redeem the bonus amount, eligible clients must complete trading in FX pairs, Gold, Silver, Oil, and/or Bitcoin of the required lot(s) as stated on the voucher.
• Once the contract orders have been claimed, they cannot be transferred to another person, or another account held by the same client or exchanged for other financial services or benefits provided by Vantage.

12. Cash Voucher:

• The value of the cash voucher will be indicated on the voucher. To use the cash voucher, the client will have to fulfill the trading requirement as stated on the voucher of FX pairs, Gold, Silver, Oil, and/or Bitcoin.
• Upon completing the necessary trading requirements, clients will be able to utilise the cash voucher by selecting their desired trading account. The cash amount will be credited to the client’s account within 24 business hours after redemption. If the client’s account is not denominated in USD, we will convert the credit amount using the following rates:

• Upon successful transfer of the cash amount to the desired account, clients may withdraw the cash directly without other restrictions.

13. Cash Rewards:

• All the cash rewards won through this World Cup App campaign are denominated in USD.
• To use or withdraw cash rewards, clients will have to fulfil the criteria. These criteria are subject to the client’s location. For full terms and conditions, please refer to the Vantage App.

14. The match schedules for the World Cup 2022 displayed within Vantage App are subject to changes by the organiser, without any prior notice.

15. Vantage is not associated in any way with the World Cup 2022 organisers, sponsors, associations, teams or participating countries.

16. All prizes issued through this “World Cup Craze with Vantage” promotion are decided by Vantage at its sole discretion. Vantage reserves the right to cancel or refuse a client’s participation in the promotion if any of the present rules are breached and/or if there is any suspected abuse of the promotion.

17. Vantage reserves the right to amend or terminate the offer at its sole discretion without any prior notice. Such termination or suspension will not give rise to any claim by the client.

GENERAL TERMS AND CONDITIONS:

The following conditions apply to all promotions unless explicitly stated otherwise:

1. This promotion cannot be used in conjunction with any other promotions.

2. Cents accounts are not eligible for all types of promotions.

3. Social Trading accounts and accounts with a leverage of 1000:1 will not be eligible for any credit-type promotions.

4. All Vantage promotions are only available in accordance with applicable law.

5. Vantage promotions are not designed to alter or influence an individual’s risk preference or encourage individuals to trade in a manner inconsistent with their trading strategies.

6. Clients should ensure that they operate their trading account in a manner consistent with their trading comfort level.

7. New Accounts are subject to approval as per Vantage’s account opening procedure.

8. Clients under PAMM/ MAMM or money manager, and clients referred by a PAMM/ MAMM or money manager are not eligible to participate in Vantage promotions.

9. Vantage reserves the right to decline any application or participation in any promotion at its sole discretion, without the need to provide any justification or explanation for such a decline.

10. Vantage reserves the right to reject a client from participating in its promotions at its sole discretion if there is a suspected fraudulent activity or action found to be in violation of the Client Agreement or the promotion terms and conditions. In case of a breach, Vantage reserves the right to deduct or cancel any bonuses or rewards.

11. 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 the Vantage website. You are advised to revise the terms and conditions regularly and through your continued use of the Vantage website and services, you will be regarded to have accepted the updated terms and conditions. Vantage reserves the right to modify or cancel any promotions at its sole discretion at any time.

12. Vantage may at any time, at its sole discretion, cease or discontinue any of its promotions.

13. All Vantage promotions shall only apply to Vantage standard accounts unless explicitly stated otherwise.

14. Vantage will not be liable for any losses, costs, expenses, or damages that may be suffered in connection with this promotion.

15. If the terms and conditions are translated into a language other than English, the English version shall prevail should there be any inconsistency or discrepancy.

16. The provider of this promotion is Vantage Global Limited (VFSC reg. no. 700271).

ADDITIONAL TERMS AND CONDITIONS:

1. If your account is closed or suspended, Vantage reserves the right to cancel the bonus in your account, along with any profits made from this promotion.

2. This promotion is limited to one applicant per IP address.

3. You must be over 18 years of age to register to apply for an account.

4. Vantage may amend or discontinue this promotion without any prior notice to current or prospective applicants and without having to compensate anyone for that.

5. If Vantage has reasonable grounds to suspect that you have abused or attempted to abuse this promotion to the detriment of Vantage, Vantage may deny, cancel, or withdraw the promotion, and either temporarily or permanently terminate your account and access to all services offered by Vantage. This may also apply if you have breached the Client Agreement.

6. You have acknowledged and agreed that for an account to be established and accepted by Vantage, Vantage is required to perform identification checks in accordance with the applicable anti-money laundering and countering the financing of terrorism laws and regulations. Vantage may, at its sole discretion, reject an application if it does not satisfy the regulatory requirements.