Trade Loss Voucher Promotion

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 "Trade Loss Voucher Promotion" 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 "Trade Loss Voucher Promotion" 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 "Trade Loss Voucher Promotion". Without limiting the foregoing, participation in the "Trade Loss Voucher Promotion" 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 "Trade Loss Voucher Promotion".

5.Participation of “Intermediaries/Related Parties” in the "Trade Loss Voucher Promotion" is prohibited. If the registration and/or trading data of a participant in the "Trade Loss Voucher Promotion" corresponds with the registration and/or trading information, including but not limited to IP address, of another participant in the "Trade Loss Voucher Promotion", 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 and Conditions, unless the context otherwise requires, shall mean to include any person or entity bearing a relationship with any participant in the "Trade Loss Voucher Promotion", 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 "Trade Loss Voucher Promotion", 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 "Trade Loss Voucher Promotion"; 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 "Trade Loss Voucher Promotion", 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 "Trade Loss Voucher Promotion" is offered, are not allowed to participate in the offer.

1.This promotion is open exclusively to selected clients. Not open for the public.

2.Promotional Period: 1 Oct 2024 - 31 Dec 2024

3.Promotion Bonus amount: $150 USD (or equivalent) Trade Loss Vouchers ($5 USD x 30)
*Please note that Trade Loss Vouchers may take up to 7 working days to reflect.

4.Eligible account types: Standard Account, Islamic Standard Account.

5.Eligible participants: Both existing and new PU Prime APP clients
*The promotion is available for one account per eligible client only

6.If a client has multiple Standard Accounts, he/she can select any Standard Account to use each time he/she uses the Trade Loss Voucher(s).

7.The voucher's validity is 30 days. Any unused vouchers will become unavailable upon expiration date with no extension given.

8.The voucher is non-exchangeable, non-transferable, and no cash alternatives will be provided.

9.Clients can find their Trade Loss Voucher(s) in PU Prime APP only, within their Profile - Coupon page, under “Vouchers” tab.

10.This promotion consists of a total of 30 Trade Loss Voucher(s), each worth $5 USD.

11.To use the voucher, clients must 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.

12.The offset trading loss amount of the selected order will be reflected under the “Balance” within 24 hours after using the Trade-Loss voucher.

13.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.

14.Only orders executed within the past 30 days are eligible for voucher redemption. Each order can only use a single Trade Loss Voucher. Trade Loss Voucher(s) cannot be used on Swaps and Spreads.

15.When a client is in a liquidation negative balance state:

a)Negative balance reset with Trade Loss Voucher(s) unused: The client is not allowed to use any previously acquired but unused Trade Loss Voucher(s). PU Prime will withdraw these Trade Loss Voucher(s).
b)Negative balance reset applied with Trade Loss Voucher(s) used: PU Prime will reset the amount to 0. Trade Loss Voucher(s) amount will not be credited.

16.For this promotion, the maximum trading loss write-off is 5 units of the account base currency e.g., 5 USD, 5 EUR, 500 JPY. For Hong Kong Dollar (HKD), we are using a multiplier of 7. Whereas for Japanese Yen (JPY), we are using a multiplier of 100.

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

2.All PU Prime offers are only available in accordance with applicable law.

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

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

5.New Accounts are subject to approval as per PU Prime’ 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 the need to provide any justification or explain 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:

a.Churning (opening and closing of Forex or CFDs transaction just for the benefit of earning a benefit);
b.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:

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

9.PU Prime 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 PU Prime website. You are advised to revise these Terms regularly, and by your continued use of PU Prime website and services that you accept 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 costs, expenses or damages which may be suffered as a result of PU Prime re-setting or adjusting a client’s account as contemplated by these Terms and Conditions, including, but not limited, to losses attributable to automatically closed out Open Positions.

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

i.to decline registration of any participant in the "Trade Loss Voucher Promotion"; and
ii.disqualify any participant in the "Trade Loss Voucher Promotion" who tampers or breaches these terms and/or any of the “PU Prime Terms and Conditions” set forth on PU Prime’s website.

12.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 cashback without being genuinely interested in trading in the markets and/or taking market risk), fraud, manipulation, cash-back arbitrage connected to a cashback promotion or any other forms of deceitful or fraudulent activity, will nullify all previously cashback 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 cashback cancellation, including, but not limited to, order(s) closure by Stop Out.

13.Taking part in the "Trade Loss Voucher Promotion" constitutes acceptance of these Terms & Conditions and of the PU Prime Terms and Conditions set forth on the PU Prime’s website.

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 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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