Vantage Global Limited Partners Copa Progreso
Partners Copa Progreso is provided by Vantage, trading under Vantage Global Limited (Reg. No. 700271) (herein “the Company” or “Vantage”), to the Company’s clients.
PROMOTIONS TERMS AND CONDITIONS
1. This Promotion is available from 19 July 2024 to 19 August 2024, both dates inclusive (“Promotion Period”).
2. This Promotion is open to existing affiliates of Vantage who are under the CPA Affiliate Program (CPA) or Introducing Broker (IB) Program with residence registered within specific regions of LATAM only.
3. By participating in this Promotion, affiliates acknowledge that they have read and agreed to be bound by these Terms and Conditions and the Client Agreement as published on the website of the Company.
4. Affiliates are required to fulfill the following actions to qualify and participate in this Promotion:
4.1. Opt in to the Promotion via https://partners.vantagemarkets.com/promotions/copa-progreso/;
4.2. Achieve at least a 20% increase in monthly notional volume (NV) on closed trades and net deposit (ND) by all referred clients as compared to the past 6 months. Refer to the examples in Appendix for better understanding.
4.3. New monthly NV / ND ≥ maximum NV / ND of past 6 months *1.20
5. The trading volume of referred clients under Sub-IB will not be attributed to the main IB.
6. Eligible affiliates will receive $5 per million notional volume traded by their referred clients.
7. At the end of the Promotion, Vantage will review the eligibility of participating affiliates and the cash prizes will be credited into the respective affiliates’ account within 10 business days of the following month.
APPENDIX: EXAMPLES FOR CLAUSE 4
Scenario 1: Affiliate meets both the requirements and qualifies for the Promotion.
Month | Monthly NV (USD, in Millions) | Required NV (Max * 1.20) | Achieved? | Monthly ND (USD, in Millions) | Required ND (Max * 1.20) | Achieved? | Reward (USD) |
---|---|---|---|---|---|---|---|
January | 10 | $5 | |||||
February | 12 | $6 | |||||
March | 15 | $7 | |||||
April | 11 | $4 | |||||
May | 13 | $5.5 | |||||
June | 14 | $6.5 | |||||
July | 20 | 18.00 | Yes | $8.5 | $8.40 | Yes | $100 |
Scenario 2: Affiliate does not meet any of the requirements and therefore does not qualify for the Promotion.
Month | Monthly NV (USD, in Millions) | Required NV (Max * 1.20) | Achieved? | Monthly ND (USD, in Millions) | Required ND (Max * 1.20) | Achieved? | Reward (USD) |
---|---|---|---|---|---|---|---|
January | 10 | $5 | |||||
February | 12 | $6 | |||||
March | 15 | $7 | |||||
April | 11 | $4 | |||||
May | 13 | $5.5 | |||||
June | 14 | $6.5 | |||||
July | 16 | 18.00 | No | $7 | $8.40 | No | - |
Scenario 3: Affiliate meets only one of the requirements and therefore does not qualify for the Promotion.
Month | Monthly NV (USD, in Millions) | Required NV (Max * 1.20) | Achieved? | Monthly ND (USD, in Millions) | Required ND (Max * 1.20) | Achieved? | Reward (USD) |
---|---|---|---|---|---|---|---|
January | 10 | $5 | |||||
February | 12 | $6 | |||||
March | 15 | $7 | |||||
April | 11 | $4 | |||||
May | 13 | $5.5 | |||||
June | 14 | $6.5 | |||||
July | 16 | 18.00 | No | $8.5 | $8.40 | Yes | - |
GENERAL TERMS AND CONDITIONS
The following conditions apply to all offers/promotions/giveaways/contests (“offers”), unless explicitly stated otherwise:
- Offers cannot be used in conjunction with any other offer unless explicitly stated otherwise.
- All Vantage offers apply exclusively to valid STP and ECN accounts. Cent accounts, BTC and ETH currency accounts are not eligible unless explicitly stated otherwise.
- Clients referred by a PAMM/MAM or money manager are not eligible to participate in any Vantage offers.
- All Vantage offers are only available in accordance with applicable laws and product intervention orders.
- Vantage offers are not intended to influence an individual's risk preferences or encourage trading inconsistent with their own strategies. Clients should ensure that they operate their trading account in line with their comfort level.
- New accounts are subject to approval according to Vantage's account opening procedure. Individuals applying for an account must review their local laws and regulations before applying with Vantage.
- Vantage reserves the right to disqualify clients from claiming a trading credit from Vantage offers if they make deposits via e-wallet/digital coin channels, including but not limited to USDT, Neteller, and Skrill.
- Clients are not permitted to use the trading credit for hedging positions. Vantage reserves the right to cancel a client's eligibility for credit bonus offers, remove partial or all credit bonuses from their trading account, and eliminate partial or all profits generated by hedging positions without prior notice.
- Vantage may exclude and/or cancel a client's participation in its offers if: a) they engage in churning (opening and closing Margin FX or CFD transactions solely for the purpose of benefiting from an offer); b) they engage in internal or external hedging; c) they violate the Client Agreement or breach the terms and conditions of any offers In such cases, Vantage has the right to remove any bonus amounts or incentives from the trading account.
- Vantage may make changes to these terms and conditions at any time and will inform you of such changes by posting the modified terms on the Vantage website. It is advisable to regularly review these Terms, and by continuing to use Vantage's website and services, you accept any modified terms. Vantage retains the right to modify or cancel offers at its sole discretion, at any time.
- In the event of suspected misconduct, fraud, abuse, or violation of the Terms and Conditions, Vantage may cancel, modify, or reverse any rewards or promotional incentives, and withdraw the eligibility of any participant at its absolute discretion. Furthermore, Vantage reserves the right to disqualify, decline or reject any subscription to the offers or participant at any stage of the offers, without prior notice or liability to any individual.
- Vantage’s decision or resolution regarding the award of all prizes, disqualification of any participant and/or in every situation including any not covered by these Terms and Conditions, shall be final and binding on all participants of any offers. Vantage is not obliged to entertain or respond to any queries, challenges, or appeals made against the Company’s decision pertaining to any offers.
- Clients agree to indemnify and hold Vantage harmless from and against any claims, actions, damages, liabilities, costs, and expenses (including legal fees) arising from or related to their participation in any offers, including any violation of the Terms and Conditions, breach of any applicable laws or regulations, or infringement of third-party rights. Vantage is not responsible for any losses, costs, expenses, or damages that may be incurred in connection with this offer, to the extent that such liability cannot be excluded by law.
- Vantage, its affiliates, directors, officers, employees, or agents shall not be held liable for any losses, damages, or liabilities incurred by clients as a result of participating in any offers, including but not limited to financial losses, system failures, technical glitches, or any other unforeseen circumstances.
- Vantage may exclusively collect and process the personal data you provide in connection with any offers, with your explicit consent and for the specific purpose stated. Your data will be managed in accordance with the applicable data protection laws to ensure both your privacy and data security.
- In the event of any inconsistency, the English version of these terms and conditions shall prevail if the terms are translated into a language other than English.
The provider of this offer is Vantage Global Limited (Reg. No. 700271).