Japan Promotion Package Terms – PU Prime | More Than Trading

Terms and Conditions

Japan Promotion Package

  • Conditions of Eligibility
  • Specific “Japan Promotion Package” Terms and Condition
  • General Terms and Conditions

1.Subject to, and without prejudice to, all other Terms and Conditions, the offer is available to PU Prime’s Clients who have satisfied the Eligibility Criteria for the offer (“Eligible Clients”) as set out in the sections following hereinafter.

2.The “Japan Promotion Package” may be offered by PU Prime from time to time to clients who open real trading accounts (meaning not demo) with PU Prime, in cases where such clients are referred to PU Prime via specific websites and/or social network sites in the context of certain specific promotions, and/or surveys that PU Prime may be running from time to time on such specific websites and/or social network sites.

3.PU Prime, at its absolute discretion, offers the “Japan Promotion Package” to any Client(s) from any countries/regions, as it deems appropriate and for as long as PU Prime 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 “Japan Promotion Package”. Without limiting the foregoing, participation in the “Japan Promotion Package” 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 cannot participate in the “Japan Promotion Package”.

5.Participation of “Intermediaries/Related Parties” in the “Japan Promotion Package” is prohibited. If the registration and/or trading data of a participant in the “Japan Promotion Package” corresponds with the registration and/or trading information, including but not limited to IP address, of another participant in the “Japan Promotion Package”, PU Prime 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 “Japan Promotion Package”, 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 “Japan Promotion Package”, 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 “Japan Promotion Package”; 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 “Japan Promotion Package”, 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 PU Prime and/or with the specific websites and/or social network sites on which PU Prime may be running from time to time certain specific promotions, contests and/or surveys, in the context of which access to the “Japan Promotion Package” is offered, are not allowed to participate in the offer.

1.Promotion period: 4 July 2024 - 3 August 2024

2.Promotion area: Japan.

3.The NDB and 100% Deposit Bonus cannot be used at the same time.

NDB

1.Promotion component: 100 USD NDB or 15,000 Japanese Yen NDB

2.Account type: Standard Account, Islamic Standard Account, Cent Account, Islamic Cent Account.

3.Eligible Clients: new clients who opened an account through the specific account opening link.

*New clients means no previous account opening record in PU Prime

4.If clients have multiple eligible accounts, they can only select one eligible account to participate in.

5.After a client's eligible account is created, the account manager assists his/her client to apply for the NDB.

6.NDB Credit in start from: 4 July 2024
NDB Credit out: 30 days after the credit in

*Please note that NDB may take up to 24 - 48 working hours to reflect.

7.About deposit & withdrawal during the promotion:

  • a.IF the client made deposit during NDB trading period:
  • b.Deposit is not restricted. Withdrawal of deposit is also not restricted.
  • c.Profit can be withdraw but has limitations:
    Clients need to make deposits (minimum is 50 USD (or currency equivalent)) and complete at least 1 standard lot trading volume during the NDB trading period.
    *After the NDB is removed or used up, the withdrawal limitation will be cancelled.

8.AFTER THE PROMOTION PERIOD ENDS:

  • a.This promotion will expire 30 days after the credit in, all orders must be closed, and the client needs to apply for withdrawal before promotion ends. After promotion ends, the NDB in the account will be automatically removed. Clients must make sure they have enough margin in their account to prevent the trades from getting liquidated.
  • b.If the account does not have any deposit or transaction record, the bonus and balance will be automatically removed after the promotion period ends.

100% Deposit Bonus

1.Account type: Standard Account, Islamic Standard Account, Prime Account, Islamic Prime Account, Cent Account, Islamic Cent Account, Prime Cent Account, Islamic Prime Cent Account.

2.Eligible Clients: new and existing clients who opened an account through the specific account opening link.

*New clients means no previous account opening record in PU Prime

3.Only a new deposit during the 100% Deposit Bonus period can apply for the credit bonus. A new deposit does not include the funds transfer between the accounts that are under the same name (internal transfer), refer-a-friend bonuses, and cash adjustments.

4.If there are multiple trading accounts under the same client’s name, all eligible trading accounts can participate in this promotion, and the system will count the deposit and withdrawal of the account that has received the credit bonus. Based on the client’s ID, clients with the same name account can only redeem a maximum of 10,000 USD in credit (or currency equivalent) in total. (Note: For this promotion, customers can only apply for the “100% Deposit Bonus” once, and all subsequent deposits are only calculated according to the 20% ratio).

5.Eligible Clients (both new and existing clients), who meet the criteria set forth herein are able to receive credit bonuses or otherwise known as trading credit, equal to:

  • a.100% on the amount of their first deposit, up to 1,000 USD (or currency equivalent) that is made in their real (meaning not demo) account(s) with PU Prime. The maximum amount of credit bonus awarded to any particular Eligible Client on their first deposit will be limited to a maximum amount of 1,000USD (or currency equivalent) in credit.
  • b.20% on the amount of their any subsequent deposit that is made in their real (meaning not demo) account(s) with PU Prime, provided that the maximum amount of any such credit bonus awarded to any particular Eligible Client will be limited to a maximum amount of 9,000 USD (or currency equivalent) in credit.
  • c.The total amount of credit bonus (es) that may be accumulated during this promotion is set to 10,000 USD in credit (or currency equivalent), per Eligible Client.

Table of example of this “100% Deposit Bonus”:

Note: The above currencies are based on U.S. dollars (or currency equivalent), except that the exchange rate is calculated at 0.7:1 for USD vs. AUD, 0.78:1 for USD vs. CAD, 1.02:1 for USD vs. EUR, 1.21:1 for USD vs. GBP, 0.73:1 for USD vs. SGD, 0.63:1 for USD vs. NZD, 0.13:1 for USD vs. HKD, 1:150 for USD vs. Japanese Yen, 1.05:1 for USD vs. CHF, and 1:100 for USD vs. USC.

  • d.Eligible Clients will automatically activate 100% Deposit Bonus. Clients can check within their client portal.
  • e.When clients click “Opt Out” on the “100% Deposit Bonus” page within their client portal, their remaining credit bonus received from this promotion will be all removed.
  • f.Accumulated credit bonus (es) under this promotion is valid and may be used to support the client's account margin. Eligible Clients may use their credit bonus in order to increase their margin during the promotion, when there is a loss in the client's trading account, client will lose the principal part first, and then lose the credit bonus part.
  • g.The promotional credit trading period lasts 365 days, starting from the day the client successfully activates the promotion. All clients can only participate in this promotion once, not be able to participate again in the promotion after the promotion expires.
  • h.When the promotion expires, PU Prime will reset any remaining credit bonus (es) redeemed under this promotion to Zero without further notification to the clients therefore clients should make sure they have enough margin in their account to prevent the trades from getting liquidated. If it is further acknowledged that the Company shall not be held responsible for any closed positions/loss trades/loss of profits or accrued profits and/or for any consequences shall rest may cause to the trading account(s).
  • i.If clients’ trading account is closed or suspended, PU Prime may cancel at its discretion the “Credit Bonus” posted to their account, along with any profits made from the “Credit Bonus”.
  • j.PU Prime will not be liable for any costs, expenses or damages which may be suffered as a result of PU Prime re-setting or adjusting client’s account as contemplated by these Terms and Conditions, including but not limited to losses attributable to automatically Closed Out Open Positions.

1.This offer cannot be used in conjunction with other promotions.

2.Participation in the promotion is exclusively open to clients.

3.Internal transfers are not allowed between the trading accounts that have redeemed the “Japan Promotion Package”.

4.The “Japan Promotion Package” applies to eligible clients who open a real (meaning not demo) account with PU Prime in accordance with the rules set herein and granted credit bonuses may be used for trading purposes only.

*Any withdrawal of capital will result in the proportional removal of your credit bonus. Transferring funds between your MT4 trading accounts is also considered as withdrawal.

*As long as the client submits a withdrawal application, no matter whether the withdrawal is successful or not, the credit bonus will be deducted according to the system logic.

5.Credit Bonus cannot be (i) transferred to any other person; (ii) transferred to another account held by the Eligible Clients; or (iii) exchanged for other financial services or benefits provided by PU Prime.

6.If client’s account equity is less than the trading credit on your account, the remaining credit may be withdrawn at our discretion, which could in turn force a stop out of all open positions on your account.

7.The PU Prime reserves the right, at its sole discretion:

  • a.to decline registration of any participant in the “Japan Promotion Package”; and
  • b.disqualify any participant in the “Japan Promotion Package” who tampers or breaches these terms and/or any of the “PU Prime Terms and Conditions” set forth on PU Prime’s website.

8.PU Prime reserves the right, at its reasonable discretion, to discontinue the offering of this “Japan Promotion Package” to any of its clients, without having to explain the reasons. Such clients will be informed via email.

9.PU Prime reserves the right to alter, amend or terminate the “Japan Promotion Package” 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 “Japan Promotion Package” constitutes acceptance and agreement to abide by any such alterations, amendments and/or changes.

10.Any indication or suspicion, in the PU Prime’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 the Credit Bonus without being genuinely interested in trading in the markets and/or taking market risk), fraud, manipulation, cash-back arbitrage connected to a credit bonus or any other forms of deceitful or fraudulent activity, will nullify all previously credited credit bonuses of the Eligible Client’s real trading accounts with PU Prime and/or any and all transactions carried and/or profits or losses garnered therein. In these circumstances, PU Prime reserves the right, at its sole discretion to close/suspend (either temporarily or permanently) all such Eligible Client’s real trading account(s) with PU Prime, cancel all orders and annul all profits of such participants. In these circumstances, PU Prime shall not be liable for any consequences of the credit bonus cancellation, including, but not limited to, order(s) closure by Stop Out.

11.In the event that a trading account becomes Dormant all previously awarded credit bonus (es) will be immediately withdrawn from the respective Eligible Clients real account with the PU Prime.

12.Taking part in the “Japan Promotion Package” constitutes acceptance of these Terms & Conditions and of the PU Prime Terms and Conditions set forth on the PU Prime’s website.

13.The “Japan Promotion Package” 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 “Japan Promotion Package” is mentioned to be a part of.

14.In the event of any suspicion of lock-up or hedging positions, PU Prime reserves the right to refuse the issuance of rewards, or reclaim the distributed rewards.

15.If these terms and conditions of the “Japan Promotion Package” are translated into a language other than English, the English version is superior in the case of an incompatible interpretation.

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