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TelegramThese terms and conditions (the "Terms") apply to the "Gold Goal Plan" (the "Plan") provided by Ming Tak MTF (the "Company"). By participating in the Plan, the Client is deemed to have carefully read, understood, and agreed to all provisions of these Terms.
1.1 The "Gold Goal Plan" is a physical gold accumulation plan. Clients purchase gold in batches through the Company's MT5 trading platform to accumulate 999.9 fine gold.
1.2 Upon accumulating 1 troy ounce, the Client may apply to withdraw physical gold or close positions at any time to realize cash.
- "Company": Ming Tak MTF.
- "Client": A person who has successfully opened a Plan account and agrees to be bound by these Terms.
- "Plan": Ming Tak "Gold Goal Plan".
- "MT5 Platform": The MetaTrader 5 trading platform provided by the Company.
- "Troy Ounce" (oz): The unit of measurement for the Plan. 1 troy ounce is approximately 31.1035 grams.
- "Settlement Fee": A flat fee payable by the Client when closing a position.
3.1 Applicants must be at least 18 years old and a resident of Hong Kong.
3.2 Clients must provide a valid identity document and proof of address.
3.3 When submitting an application, the Client must check the box "I have read and agree to the Terms and Conditions". This action has the same legal effect as a physical signature.
4.1 Trading Hours: Trading hours are adjusted according to Daylight Saving Time and Standard Time, approximately 23 hours per day, as follows:
- Daylight Saving Time (approx. April to October): Monday 6:01 AM to Saturday 5:00 AM (Hong Kong Time).
- Standard Time (approx. November to March): Monday 7:01 AM to Saturday 6:00 AM (Hong Kong Time).
- Please refer to the MT5 platform for detailed and real-time product trading hours.
- If the gold market is closed due to holidays, the Company will announce it on its official website. Clients should pay close attention to such announcements.
4.2 Trading Unit: The minimum trading unit is 0.01 troy ounce, and must be in integer multiples thereof.
4.3 Price Locking: Clients can use "Market Orders" on the MT5 platform to lock in the current market price, or set "Limit Orders" to buy at a specified price.
5.1 Minimum Monthly Trading Requirement: It is recommended that clients purchase at least 0.01 troy ounce per month. If there are no purchase transactions in any calendar month, an HKD 50 administrative fee will be recorded as an overdue payable.
5.2 Grace Period: The Client may make up a transaction within the first 7 days of the following month to waive the previous month's administrative fee.
5.3 Account Freeze: When accumulated overdue fees reach HKD 100, the Company will issue a notice. If the Client fails to settle the overdue amount within 14 days, the Company has the right to freeze the account (no new positions can be opened, only closing allowed).
5.4 Forced Liquidation: If the Client has no transactions for three consecutive calendar months (90 days) and accumulated overdue fees reach HKD 150, the Company will fully liquidate all positions at the first price of the market opening on the second Monday of the month immediately following that period. At that time:
- Only the HKD 250 Settlement Fee will be charged.
- The HKD 150 administrative fee overdue will be waived.
- The remaining funds will be deposited into your trading account, which you may withdraw at any time or use to restart the Plan.
(Example: If the Client triggers the conditions in April, liquidation will be executed on the second Monday of May.)
5.5 Restarting: After forced liquidation, the Client may use the cash balance in the account or deposit additional funds to restart accumulating gold from 0 troy ounce.
6.1 Withdrawal Threshold: Clients must accumulate at least 1 troy ounce to apply for physical gold withdrawal.
6.2 Delivery Time: If in stock, same-day pickup is available; if custom casting is required, approximately 3-4 business days; maximum 2 weeks.
6.3 Product Verification: 5 oz and 10 oz gold bars have unique serial numbers; 1 oz gold nuggets are guaranteed by purchase voucher.
7.1 Clients who successfully withdraw physical gold for the first time will receive a one-time completion reward, choose one of three:
| Option | Reward | Conditions |
|---|---|---|
| A | Gold Bar USB (64GB) | Pick up on-site upon delivery. No additional conditions. |
| B | HKD 50 Supermarket Voucher | Pick up on-site upon delivery. No additional conditions. |
| C | USD 100 CFD Trading Bonus | Must complete specified trading conditions within 1 month after claiming the reward. Bonus will only be credited upon fulfillment. |
7.2 Conditions for USD 100 CFD Trading Bonus:
After selecting the USD 100 CFD Trading Bonus, the Client must complete all of the following conditions within 1 month from the date of claiming the reward (i.e., submitting the physical gold withdrawal application). Upon fulfillment, the USD 100 bonus will be credited to the Client's CFD trading account:
- Trade the specified product: XAUUSD (Gold CFD).
- Complete at least 3 full round-turn trades (open and close).
- Total trading volume of at least 1 lot.
- Each position must be held for 120 seconds or more (≥120 sec). Transactions closed via "Close By" or held for less than 120 seconds are not counted.
7.3 Failure to Meet Conditions
If the client fails to meet the above conditions within 1 month, the USD 100 bonus will not be granted. The client may contact customer service to choose an alternative reward.
8.1 Gold prices may go up or down. Investment involves risks.
8.2 The Client acknowledges that using an electronic trading platform carries the risk of system failure.
9.1 These Terms are governed by and construed in accordance with the laws of the Hong Kong Special Administrative Region.
10.1 The Company reserves the right to amend these Terms at any time. Amendments will be published on the Company's website.
10.2 For any inquiries, please contact Ming Tak MTF Customer Service.
