Groww Markets Free VPS Terms and Conditions

Groww Markets Free VPS (herein the “Offer”) is offered by Groww Markets, traded under Groww Markets Limited (herein “the Company” or “Groww Markets”), to the Company’s clients.

This offer is valid from 01/07/2024

This offer is available to all new and existing clients of Groww Markets, who have registered a live account with Groww Markets and reside in the following countries/regions (herein the “Participant” or “Client”):
Eligible countries
	Link

New clients must open a new live account with Groww Markets (meaning, not a “demo” account). By opening a new account with Groww Markets, the client acknowledges they have read and agreed to be bound by these Terms and Conditions and Groww Markets’ General Terms and Conditions.

PAMM/MAM master accounts are not eligible to participate in this Offer.

By participating in this Offer, clients acknowledge that they have read and agreed to be bound by these Terms and Conditions and the Client Agreement as published on the website of the Company.

To participate in this Offer, clients must:

    Opt-in to this Offer via the Client Portal.

    Deposit at least $1,000 (or equivalent) to your trading account.

Eligible participants will be able to receive a cashback amount that is equal to the amount paid for their VPS services. To complete the claim, participants must:

    Follow the prompt and upload your VPS invoice via the offer page inside your Client Portal.

    Meet the trading requirements during your VPS billing period.

Participants need to fulfill the trading requirements below to complete their VPS fee claim:
Trading Requirement
(Notional Value, USD)
	Maximum claim amount
(USD)
500,000 – 999,999
	25
1,000,000 and above
	50

Only closed trades will be counted towards this Offer.

VPS invoices submitted must contain the following information for the Company to process the claim:

    Participant’s name (must be the same as the client’s name registered with the Company)

    Billing period

    Payment amount and currency

Participants may submit only one claim for the same time period.

Participants may submit only invoices billed within three months from the last day of the VPS billing period. Invoices that do not meet this criterion will not be eligible to claim from this Offer. Only invoices that are billed on a weekly/fortnightly/monthly/quarterly basis qualify under this Offer.

“Maximum claim amount” refers to the capped amount for each claim. The capped amount can vary based on completed trade volume as per clause 8 of the Terms and Conditions. The table below illustrates some examples:
Amount paid on your VPS (USD)
	Trading Completed (Notional Value, USD)
	Eligible amount to get from this Offer (USD)
10
	600,000
	10
10
	1,200,000
	10
30
	600,000
	25
30
	1,200,000
	30
60
	1,200,000
	50

Groww Markets will review and process each participant’s claim within the first 10 days of the next calendar month after their VPS subscription’s monthly cycle completes. Participants will be able to check their claim status on the offer page under their Client Portal.

The amount disbursed from the claim will be adjusted accordingly based on prevailing exchange rates if the participant’s VPS payment is not denominated in the same currency as the trading account selected to receive it.

Internal transfers, balance or cash adjustments, Introducer/Affiliate rebates or commissions of any kind will not be considered new deposits and therefore will not be counted towards this Promotion.

Groww Markets reserves the right to stop or refuse the client’s participation in the Offer if any of these rules are breached or there is any suspected abuse of the Offer.

Groww Markets reserves the right to deduct any amounts after they are claimed in case of a breach. Participants may lose eligibility if there is any suspected abuse of the Offer.

This program can be retracted at any time of Groww Markets’ choosing and account eligibility will be subject to our discretion.

Any dispute or situation not covered by these Terms will be resolved by Groww Markets at its sole discretion.

The trading volume used to apply for this Offer may not be used to apply for any other promotions provided by Groww Markets.