20% Credit bonus
Introduction
Vida Markets is a registered trading name of Vida Global Markets LLC, Company Number: 270 LLC 2020. Our registered office is located at Vida Global Markets LLC, First Floor, First St Vincent Bank Building, James Street, Kingstown, St Vincent and the Grenadines (“VIDA”).
The Terms and Conditions of the “20% Credit Bonus Bonus Promotion” are an integral part of Business Terms and Policies” and provisions set herein are considered as an annex of all.
VIDA reserves the right, at its reasonable discretion, to discontinue the offering of this “20% Credit Bonus Promotion” to any of its clients, without having to explain the reasons. Such clients will be informed via email.
The Terms and Conditions of the “20% Credit Bonus Bonus Promotion” are an integral part of Business Terms and Policies” and provisions set herein are considered as an annex of all.
VIDA reserves the right, at its reasonable discretion, to discontinue the offering of this “20% Credit Bonus Promotion” to any of its clients, without having to explain the reasons. Such clients will be informed via email.
General
These terms and conditions (the “Rules”) apply when a Participant deposits funds into their trading account with Vida and receives a 20% of their Net Deposit Bonus (the “Promotion”). By participating in this Promotion which is organized by VIDA, Participants agree to be bound by these Rules. All capitalized but undefined terms will be deemed to have the same meaning as given to such terms in your Client Agreement.
Eligibility
To be eligible to take part in the Promotion you must fulfil the following criteria:
This Promotion is eligible only to clients who have been approved by VIDA compliance team to hold a trading account. This Promotion is limited and can only be applied to one account per Participant.
The credit will be applied on net deposits of any amount starting from $50 USD.
The total amount of credit bonus applied to the trading account will be $10,000 USD of credit , irrespective if the client deposits above $20,000 USD, $10,000 USD will be the capped amount.
The trading account must trade on VIDA spread conditions. Should you satisfy the above criteria, you may be eligible to participate (“Participant”) in this Promotion.
This Promotion is eligible only to clients who have been approved by VIDA compliance team to hold a trading account. This Promotion is limited and can only be applied to one account per Participant.
The credit will be applied on net deposits of any amount starting from $50 USD.
The total amount of credit bonus applied to the trading account will be $10,000 USD of credit , irrespective if the client deposits above $20,000 USD, $10,000 USD will be the capped amount.
The trading account must trade on VIDA spread conditions. Should you satisfy the above criteria, you may be eligible to participate (“Participant”) in this Promotion.
Promotion details
This Promotion is subject to the following details:
The Promotion will begin on the 1st of June 2023 and ends on the 31st of December 2024.
Traders must opt-in to be part of this promotion by expressly confirming his or her decision by emailing [email protected] providing written confirmation via our Live chat, a messaging service or via email to their account managers or sales representatives.
This offer cannot be used in conjunction with any other offer, unless explicitly stated in the terms and conditions of that offer.
Only verified Participants can participate in the promotion.
It is the Participant’s sole responsibility prior to the Promotion ending date to maintain sufficient margin level on their accounts so that after removal of the 20% credit, the margin level will still remain sufficient for maintaining open positions.
VIDA reserves the right to change the conditions or refuse to grant a bonus at any time.
VIDA reserves the right to cancel the promotion at any time.
The Participant should read the terms and conditions carefully and follow these rules. Ignorance of the terms cannot serve as a valid argument when submitting a claim.
By accepting and proceeding with this Promotion, you have agreed to be bound by these Rules as well as the relevant Client Agreement with VIDA. If any provisions of these Rules conflict with any provisions of your Client Agreement, the Client Agreement shall prevail.
The Promotion will begin on the 1st of June 2023 and ends on the 31st of December 2024.
Traders must opt-in to be part of this promotion by expressly confirming his or her decision by emailing [email protected] providing written confirmation via our Live chat, a messaging service or via email to their account managers or sales representatives.
This offer cannot be used in conjunction with any other offer, unless explicitly stated in the terms and conditions of that offer.
Only verified Participants can participate in the promotion.
It is the Participant’s sole responsibility prior to the Promotion ending date to maintain sufficient margin level on their accounts so that after removal of the 20% credit, the margin level will still remain sufficient for maintaining open positions.
VIDA reserves the right to change the conditions or refuse to grant a bonus at any time.
VIDA reserves the right to cancel the promotion at any time.
The Participant should read the terms and conditions carefully and follow these rules. Ignorance of the terms cannot serve as a valid argument when submitting a claim.
By accepting and proceeding with this Promotion, you have agreed to be bound by these Rules as well as the relevant Client Agreement with VIDA. If any provisions of these Rules conflict with any provisions of your Client Agreement, the Client Agreement shall prevail.
Credit Bonus
20% credit of Net Deposits will be applied to your account within 24 working hours after the deposit is received by VIDA. Internal transfers, balance adjustments, Introducer/Affiliate rebates or commissions of any kind will not be considered new funds.
Net deposit is the difference of deposit minus withdrawal from clients real funds.
The Client must be aware that the Credit Bonus cannot be used to trade once the Balance falls into a negative amount.
Net deposit is the difference of deposit minus withdrawal from clients real funds.
The Client must be aware that the Credit Bonus cannot be used to trade once the Balance falls into a negative amount.
Withdrawal
Real equity can be withdrawn at any point in time. Credit cannot be withdrawn, only balance & profit is withdrawable.
You may withdraw your original deposit at any time – however, if you opt to withdraw, your 20% trading credit will also be removed from your account accordingly. If part of your original deposit is withdrawn, your 20% bonus will be removed on a pro rata basis, therefore a partial trading credit removal will take place.
All active trading credit will be written off the account once equity on your account is less than or equal to the sum of all active trading credit.
In an attempt to prevent your account from being in a negative equity scenario, your trades will be ‘stopped out’ i.e. closed automatically, when the equity on your account = credit available.
You may withdraw your original deposit at any time – however, if you opt to withdraw, your 20% trading credit will also be removed from your account accordingly. If part of your original deposit is withdrawn, your 20% bonus will be removed on a pro rata basis, therefore a partial trading credit removal will take place.
All active trading credit will be written off the account once equity on your account is less than or equal to the sum of all active trading credit.
In an attempt to prevent your account from being in a negative equity scenario, your trades will be ‘stopped out’ i.e. closed automatically, when the equity on your account = credit available.
Miscellaneous
We are the sole arbiter of the Promotion, these Rules and any other issues arising under this Promotion. Exceptions to these Rules are at the sole discretion of VIDA’s management, and our decision is final. We reserve the right to alter, amend or terminate the Promotion or any aspect of it at any time and without prior notice.
We will not be held liable for any losses incurred by you as a result of your trading in relation to this Promotion.
The Promotion is considered to be the property of VIDA.
Any dispute or situation not covered by the terms of this Promotion will be resolved by our management in a manner it deems to be fairest to all concerned and that decision shall be final and binding on all parties. We reserve the right to refuse to credit an account if we have reasonable belief that there has been any cooperation, collusion and/or organization of transactions from the same source, or if we have reasonable belief that the Promotion is being abused in any way.
This Promotion and any obligations of VIDA pursuant to it will be revoked or withdrawn from any Participant who abuse the spirit or intention of it. We reserve the right to cancel or withdraw the Promotion at any time in case of any suspected abuse of the Promotion. For the avoidance of doubt, “abuse” includes, but is not limited to, the opening of multiple VIDA trading accounts to receive multiple credit. Further, where any of these Rules are breached or there is any reason to suspect a Participant has acted fraudulently or obtained an unfair or unintended advantage pursuant to the Promotion, we reserve the right to stop or withdraw the Promotion.
If at any time all or any part of any provision of these Rules are or become illegal, invalid or unenforceable in any respect under the law of any jurisdiction, such provision (s) shall not affect or impair the legality, validity or enforceability in that jurisdiction of the remainder of that provision or all other provisions of these Rules or the legality, validity or enforceability under the law of any other jurisdiction of that provision or all other provisions of these Rules.
Trading in the Forex and CFD markets entails significant risk. Participation in the Forex and CFD markets should not be undertaken unless the Participant is fully aware of and understands the risks involved in trading. Participation in this Promotion should not be a motivating factor when considering participation in the Forex and CFD markets.
In case of additional questions related to the promotion, Participants may contact VIDA using the [email protected] email address.
We will not be held liable for any losses incurred by you as a result of your trading in relation to this Promotion.
The Promotion is considered to be the property of VIDA.
Any dispute or situation not covered by the terms of this Promotion will be resolved by our management in a manner it deems to be fairest to all concerned and that decision shall be final and binding on all parties. We reserve the right to refuse to credit an account if we have reasonable belief that there has been any cooperation, collusion and/or organization of transactions from the same source, or if we have reasonable belief that the Promotion is being abused in any way.
This Promotion and any obligations of VIDA pursuant to it will be revoked or withdrawn from any Participant who abuse the spirit or intention of it. We reserve the right to cancel or withdraw the Promotion at any time in case of any suspected abuse of the Promotion. For the avoidance of doubt, “abuse” includes, but is not limited to, the opening of multiple VIDA trading accounts to receive multiple credit. Further, where any of these Rules are breached or there is any reason to suspect a Participant has acted fraudulently or obtained an unfair or unintended advantage pursuant to the Promotion, we reserve the right to stop or withdraw the Promotion.
If at any time all or any part of any provision of these Rules are or become illegal, invalid or unenforceable in any respect under the law of any jurisdiction, such provision (s) shall not affect or impair the legality, validity or enforceability in that jurisdiction of the remainder of that provision or all other provisions of these Rules or the legality, validity or enforceability under the law of any other jurisdiction of that provision or all other provisions of these Rules.
Trading in the Forex and CFD markets entails significant risk. Participation in the Forex and CFD markets should not be undertaken unless the Participant is fully aware of and understands the risks involved in trading. Participation in this Promotion should not be a motivating factor when considering participation in the Forex and CFD markets.
In case of additional questions related to the promotion, Participants may contact VIDA using the [email protected] email address.
Claims
All claims can be sent to the [email protected] email address.
All claims should include the participant’s name, address, account number and a thorough description of the problem.
All claims should include the participant’s name, address, account number and a thorough description of the problem.
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