Social Media Giveaway Terms – PU Prime | More Than Trading

Terms and Conditions

Social Media Giveaway

  • Conditions of Eligibility
  • Specific 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 “Social Media Giveaway” may be offered by PU Prime from time to time to clients who open live 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 “Social Media Giveaway” to any Client(s) from any eligible 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 “Social Media Giveaway”. Without limiting the foregoing, participation in the “Social Media Giveaway” 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 “Social Media Giveaway”.

5.Participation of “Intermediaries/Related Parties” in the “Social Media Giveaway” is prohibited. If the registration and/or trading data of a participant in the “Social Media Giveaway” corresponds with the registration and/or trading information, including but not limited to IP address, of another participant in the “Social Media Giveaway”, 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 “Social Media Giveaway”, 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 “Social Media Giveaway”, 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 “Social Media Giveaway”; 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 “Social Media Giveaway”, 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 “Social Media Giveaway” is offered, are not allowed to participate in the offer.

7.PU Prime reserves the right, at its sole discretion, to terminate or withdraw the eligibility of any participant in the “Social Media Giveaway”, and cancel or reverse any orders, rewards or profits if PU Prime has reasonable grounds to believe such a person or entity is involved in suspicious trading activities or not acting in good faith.

1.Promotion area: Brazil

2.Promotion Period: 1 June 2024 – 30 June 2024

3.Eligible accounts: Standard Account, Islamic Standard Account

4.Eligible Clients:

  • 1)New clients are eligible for wining the credit bonus voucher
  • *If the client opens multiple new live accounts during the promotion period, only the first live account can participate in this promotion.
  • 2)both new and existing clients are eligible for wining the cash voucher

5.Eligible clients will receive a $50 USD credit bonus voucher in PU Prime App within 24 business hours when they successfully open a live account.

6.Credit bonus voucher redemption requirements: Within 30 days after receiving the voucher, clients must deposit at least $100 USD.

*Only new deposits during the promotion can apply. A new deposit does not include the funds transfer between the accounts that are under the same name (internal transfer) and the fund transfer from the commission account.

7.Credit bonus voucher validation is 30 days. Any unused vouchers will become unavailable upon expiration date with no extension given.

Credit Bonus
  • a.Credit Bonuses, also known as trading credits, will be credited to the client’s account within 24 business hours upon redemption. If the client’s account is not denominated in USD, the credit amount will be converted using the following method:
  • b.Trading credits cannot be withdrawn. However, clients have the flexibility to withdraw any profits they generate from the trading credit at their convenience. However, it's important to note that withdrawing funds will lead to the proportional deduction of their credit bonus. Transferring funds between trading accounts is also considered a withdrawal action. If a client submits a withdrawal application, regardless of whether the withdrawal is ultimately successful or not, the credit bonus will be deducted based on the system's logic.
  • c.On 30 July 2024, PU Prime will reset any remaining trading credits that were redeemed as part of this promotion to zero. This action will be undertaken without additional notification to the clients. Furthermore, it's important to acknowledge that the Company will not be held liable for any closed positions, trades resulting in losses, loss of profits, accrued profits, or any potential consequences that may affect the trading account(s).

8.For clients who have successfully opened a live account, and fulfilled social media required actions will be eligible to participate in Lucky Draw. There will be 10 Lucky Draw winners, each winner will receive an additional $50 USD cash voucher in PU Prime App on 5 July 2024. Winners will be notified individually via email.

9.Cash voucher redemption requirements: Within 30 days after receiving the voucher, clients must deposit $100 and complete trading volume of 2 standard lots of Forex, Gold, Silver, Oil, or BTCUSD.

*Only new deposits during the promotion can apply. A new deposit does not include the funds transfer between the accounts that are under the same name (internal transfer) and the fund transfer from the commission account.

*Positions must hold more than 5 minutes.

*Trading volume will count the participating account only.

10.Cash voucher validation is 30 days. Any unused vouchers will become unavailable upon expiration date with no extension given.

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

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

2.All PU Prime promotions are provided in accordance with applicable laws.

3.PU Prime promotions are not designed to alter or modify an individual’s risk preference or encourage individuals to trade in a manner that is inconsistent with their own trading strategies.

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

5.New Accounts are subject to approval as per PU Prime’s Account opening procedure. Individuals who apply for an account must check their local laws and regulations before applying for an account with PU Prime.

6.PU Prime reserves the right to decline any application or indication to participate in any promotion at its sole discretion, without providing any justification or explaining the reasons for such a decline.

7.PU Prime reserves the right to exclude and/or cancel a client’s participation in its offers or promotions if:

  • i.Churning (opening and closing of Forex or CFDs transaction just for the benefit of earning a benefit);
  • ii.the client is found to be in violation of its Client Agreement or has breached the promotions Terms and Conditions. In case such misconduct or the breach, PU Prime shall have the right to deduct any bonus amounts from the trading account.

8.The Company has the right to withdraw without prior notice the Bonus or profit gained from it, if:

  • i.In a case where breach of these Terms and Conditions occurs;
  • ii.The Company has reasonable grounds to believe a misuse of the Bonus;
  • iii.Client withdraws any amount of initial and/or any subsequent deposits without trading activity.

9.PU Prime may make changes to these Terms and Conditions at any time and will notify clients of these changes by posting the modified terms on the PU Prime website. Clients are advised to revise these Terms regularly, and by client’s continued use of PU Prime website and services that client accepts any such modified terms. PU Prime reserves the right to modify or cancel any offers at its sole discretion at any time.

10.PU Prime will not be liable for any loss, costs, expense or damage which may be suffered in connection with this promotion and which by law may not be excluded by these Terms.

11.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.

12.PU Prime 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 be in violation of its Client Agreement or the offer/promotion Terms and Conditions. In case of a breach, PU Prime reserves the right to deduct any bonus amounts.

13.PU Prime may at any time, at its sole discretion, cease or discontinue any of its promotions.

14.This offer cannot be used in conjunction with any other offer.

15.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 an inconsistency.

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