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Terms and Conditions

Christmas Spins, Endless Wins

  • Conditions of Eligibility
  • Specific Terms and Condition
  • In-App Activities Explanation
  • Rewards Explanation
  • 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 “Christmas Spins, Endless Wins” 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 “Christmas Spins, Endless Wins” to any Client(s) from any country/region, 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 “Christmas Spins, Endless Wins”. Without limiting the foregoing, participation in the “Christmas Spins, Endless Wins” is not allowed for persons under the age of 18 or otherwise under legal age in their country of residence (“Minors”). You cannot participate in the “Christmas Spins, Endless Wins” if you are a minor.

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

1.The “Christmas Spins, Endless Wins” promotion consists of various in-app activities to engage PU Prime App users. Reward (s) such as cash, Amazon gift card, Deposit Voucher(s), Trade Loss Voucher(s), and Credit Bonus Voucher(s) will be awarded to clients who have participated in the in-app activities and met the specific criteria.

2.Promotion period: 1 December 2024 - 31 December 2024 (system time, GMT+2)

3.Promotion areas: All countries open for registration, except for Vietnam, India, Thailand, Philippines, Malaysia, Pakistan, Egypt, Indonesia, Nigeria, Vanuatu, Zimbabwe, or Malawi and/or other prohibited jurisdictions as per the discretion of the Company.

4.Eligible clients: Both existing and new clients of PU Prime App.

5.Eligible account types: Standard Account, Islamic Standard Account
*If an eligible participant has multiple eligible participating accounts, the data of all eligible participating accounts during the promotion will be combined and calculated.

1.Spin the Wheel

  • a)To unlock the wheel and make it available for spinning, the client must deposit at least $100 USD (or currency equivalent) and trade at least 2 standard lots of Forex, Gold, Silver, Crude Oil spot, Crude Oil Future, or BTCUSD during the promotion period.
    *A trade is defined as an opening and closing of a position.
    *Only deposits and trading volumes of eligible accounts are considered valid.
    *Only positions held for more than 5 minutes are considered valid.
  • b)Each spin of the wheel costs 10 points. Points can be earned by completing Daily Tasks and Weekly Tasks:
    *The “Open a trade” task does not require the trading position to be closed, but the trading products are limited to Forex, Gold, Silver, Crude Oil spot, Crude Oil futures, or BTCUSD only.
    *“X” means the number of daily tasks completed.
  • c)Daily tasks will be refreshed every day at 00:00 (system time, GMT+2). Weekly tasks will be refreshed every Monday at 00:00 (system time, GMT+2).
  • d)Rewards that can be obtained from the wheel are:
  • e)All vouchers received can be found on the "Wallet" - "My Coupons" page within PU Prime App.
  • f)The last day for rewards redemption is 14 January 2025 (system time, GMT+2). Any remaining points after the date will be forfeited.

2.Climb the Leaderboard

  • a)Participants will be ranked according to the points earned from Daily Tasks and Weekly Tasks.
  • b)By 00:00 on December 20, 2024 (system time, GMT+2), each of the TOP 50 winners will receive an additional $50 USD Amazon gift card.
  • c)At the end of the promotion, the TOP 10 winners will receive additional cash rewards. Refer to the table below for details on each accomplishment.
  • d)If two or more people obtained the same number of points, the one who obtained the points earlier will be ranked first.

1.Cash

  • a)All cash rewards will be added to clients’ balances before 31 January 2025 (system time, GMT+2).
  • b)If cash rewards winners did not complete wheel unlocking conditions (stated in “In-App Activities Explanation” 1.a), the cash rewards will not be credited into the client's balance.

2.Amazon Gift Card

  • a)All Amazon gift cards will be sent to clients via email as e-gift cards before 25 December 2024 (system time, GMT+2).
  • b)If Amazon gift card winners did not complete wheel unlocking conditions (stated in “In-App Activities Explanation” 1.a), the Amazon gift card will not be sent to them via email.

3.Deposit Voucher

  • a)The Deposit Voucher's validity is 30 days. Any unused vouchers will become unavailable upon expiration date with no extension given.
  • b)For each Deposit Voucher, the minimum deposit amount is $20 USD (or currency equivalent). Wire transfers and cryptocurrency deposits are not eligible.
    *Only In-App Deposits are eligible to use this voucher.
  • c)For each Deposit Voucher, if the client wants to withdraw the reduced deposit amount, they need to trade at least 2 standard lots of Forex, Gold, Silver, Crude Oil spot, Crude Oil Future, or BTCUSD.
    *Effective trading volume: newly opened and closed orders made during the promotion period. Positions open for less than 5 minutes, locked positions, and hedged positions do not count as valid trades for this promotion.
  • d)When a client is in a liquidation negative balance state:
    • i.Negative balance reset applied with Deposit Voucher(s) unused: The client is not allowed to use any previously acquired but unused Deposit Voucher(s). PU Prime will withdraw these Deposit Voucher(s).
    • ii.Negative balance reset applied with Deposit Voucher(s) used: PU Prime will only credit the deposit amount. Deposit Voucher(s) amount will not be credited.
  • e)For this promotion, the maximum deposit reduction 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.

4.Credit Bonus Voucher

  • a)The Credit Bonus Voucher's validity is 30 days. Any unused vouchers will become unavailable upon expiration date with no extension given.
  • b)All credit bonuses will expire on 28 February 2024 (system time, GMT+2). When the credit bonus expires, PU Prime will reset any remaining trading credits 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).
  • c)Credit bonus will be credited to the client’s account within 24 working hours after redeeming the voucher. If the client’s account is not denominated in USD, we will convert the credit amount using the following method:
  • d)Clients are unable to withdraw the credited amount as trading credit. However, the client's account balance will reflect any profits or losses incurred while trading using the credit amount.
  • e)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 capital 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.
  • f)All credit bonuses issued as part of this campaign are subject to their respective withdrawal criteria and usage requirements. They are non-transferable, non-refundable, and non-exchangeable for cash, either in part or in full. Additionally, they are valid for a single transaction only.

5.Trade Loss Voucher

  • a)The Trade Loss Voucher's validity is 30 days. Any unused vouchers will become unavailable upon expiration date with no extension given.
  • b)To use the Trade-Loss 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.
  • c)The offset trading loss amount of the selected order will be reflected under the “Balance” within 24 hours after using the Trade-Loss voucher.
  • d)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.
  • e)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, Commission and Spreads.
  • f)When a client is in a liquidation negative balance state:
    • i.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).
    • ii.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.
  • g)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.All rewards issued through this “Christmas Spins, Endless Wins” promotion are decided by PU Prime at its sole discretion.

2.In the event of duplicate submissions, submission of inaccurate or falsified information, suspected misconduct, fraud, abuse, or violation of the Terms and Conditions, PU Prime may cancel, modify, or reverse any rewards or promotional incentives and withdraw the eligibility of any participant at its absolute discretion. Furthermore, PU Prime reserves the right to disqualify, decline or reject any subscription to the promotion or participant, at any stage of the promotion, without prior notice or liability to any individual.

3.New deposits do not include the funds transfer between the accounts under the same name (internal transfer) and the fund transfer from the commission account, refer friends bonus, funds to make up the exchange difference, or cash adjustments.

4.Locked and hedged positions do not count as valid trades for this promotion.

5.This promotion is open to both new and existing PU Prime App clients. By participating in this promotion, clients acknowledge that they have read and agreed to be bound by these Terms and Conditions and PU Prime’s General Terms and Conditions.

6.By opening a new account and/or participating in this promotion, the client acknowledges they have read and agree to be bound by these Terms and Conditions and PU Prime’s Client Agreement.

7.Internal transfers are not allowed for the trading account that has redeemed the credit bonus.

8.The “Christmas Spins, Endless Wins” applies to all clients who open a real (meaning not demo) account with PU Prime in accordance with the rules set herein and the granted bonuses may be used for trading purposes only.

9.Credit bonuses 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.

10.PU Prime reserves the right, at its sole discretion, to decline registration of any participant in the “Christmas Spins, Endless Wins”; and disqualify any participant in the “Christmas Spins, Endless Wins” who tampers or breaches these terms and/or any of the “PU Prime Terms and Conditions” set forth on PU Prime’s website.

11.PU Prime reserves the right, at its reasonable discretion, to discontinue offering this “Christmas Spins, Endless Wins” to any of its clients without explaining the reasons. Such clients will be informed via email.

12.PU Prime reserves the right to alter, amend or terminate the “Christmas Spins, Endless Wins” or any aspect of it at any time without compensating anyone for that. Clients will be given prior notice of such changes. Please note that taking part in the “Christmas Spins, Endless Wins” constitutes acceptance and agreement to abide by any such alterations, amendments and/or changes.

13.Any indication or suspicion, in 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 previous 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.

14.If a trading account becomes Dormant all previously awarded trading bonus (es) will be immediately withdrawn from the respective Eligible Client real account with PU Prime.

15.Taking part in the “Christmas Spins, Endless Wins” constitutes acceptance of these Terms & Conditions and the PU Prime Terms and Conditions set forth on PU Prime’s website.

16.The “Christmas Spins, Endless Wins” is available for a limited period only, as indicated in the rules of engagement of the specific promotion, and/or survey of which the “Christmas Spins, Endless Wins” is mentioned to be a part of.

17.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.

18.In the event that these terms and conditions of the "Christmas Spins, Endless Wins" are translated into a language other than English, the English version shall take precedence in case of any conflicting interpretations.

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