The Vantage registration form and its offer pages use terminology that assumes you already trade. This guide translates the main terms you will meet while applying the code MADTRADES, which is listed as carrying a $50 No-Deposit Bonus and a 50% Deposit Bonus up to $20,000.
Live account versus demo account. A demo is a practice account funded with simulated money. The redemption process requires you to start a live account application, not a demo, because demo accounts are not eligible for bonuses.
Referral code / promo code / partner code. These three labels all describe the same field on the Vantage form, and MADTRADES is used in all three roles. The field sits near the bottom of the first registration step, sometimes hidden behind a "have a referral code?" toggle.
Identity verification. Also seen as proof of ID and proof of address. These are documents confirming who you are and where you live. Bonus credit is normally released only once the account is fully approved after verification, so this step is not optional paperwork.
Base currency. The currency your account balance is denominated in, chosen at the same stage as account type.
No-deposit bonus. Starting credit granted without funding the account — here $50. Which account types qualify for it is not stated in the available information, so check on site.
Deposit bonus or match. A percentage of your deposit added as credit. At 50%, a deposit produces credit worth half that amount, subject to a $20,000 ceiling on the bonus figure.
Margin. The capital that supports an open leveraged position. The deposit bonus functions as additional margin rather than immediately withdrawable cash, so it enlarges the buffer behind your trades rather than your withdrawable balance.
Activate or opt in. The steps direct you to open the promotions or rewards tab in the client portal and activate the offer before depositing. Whether the 50% match applies automatically or requires that opt-in is not confirmed, which is a further reason to look at the tab.
Entity and regional exclusion. Vantage onboards clients to different legal entities, and eligibility depends on which one applies to you. Clients in some regions are excluded from bonus promotions for regulatory reasons. Which entity applies to you is not stated here.
CFD, or contract for difference. Vantage is a multi-asset CFD broker: clients trade price movement with leverage rather than owning the underlying asset. Markets include forex pairs, stock indices, commodities such as gold and oil, share CFDs, ETFs and cryptocurrency CFDs. Trading CFDs involves risk of loss.
Leverage 1:500. Exposure can reach 500 times the margin committed. It magnifies both directions of a move.
Spread. The gap between buy and sell price. Standard accounts bundle cost into the spread; raw-spread accounts advertise spreads from 0.0 pips with a commission per lot instead. Specific spreads by account type are not listed.
Swap rate. The financing charge for holding a position. The bonus does not change spreads, commissions, swap rates or leverage — it adds credit, not better pricing.
Lot and pip. The trade size unit against which commission is charged, and the small price increment spreads are quoted in.
MT4 and MT5 are MetaTrader 4 and MetaTrader 5, both supported. MT5 covers more markets, order types, built-in indicators and timeframes, and has a more advanced multi-threaded strategy tester; MT4 focuses primarily on forex CFDs. EA means expert advisor, an automated strategy file; both platforms support compatible EAs, indicators and scripts.
ProTrader is Vantage's own platform, available to clients depositing a minimum of USD200. It offers 12 chart types, over 100 built-in indicators and coverage of more than 80,000 instruments. A mobile app handles account management and trading. Vantage Academy is the education library of articles, interactive courses and webinars on market fundamentals and technical analysis.
Some specifics are simply absent from the published summary: any cap on withdrawable profit from the $50 no-deposit bonus, whether the deposit bonus is reduced proportionally if part of the deposit is withdrawn, and which account types the no-deposit bonus covers. Treat those as questions for the promotion's own terms page.
Two practical constraints round out the vocabulary: the minimum deposit is $50, there are no deposit fees, and adding the code after registration is usually not possible because referral codes attach at account creation.
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