VT Markets ClubBleu GeneralTerms&Conditions

VT Markets ClubBleu General Terms & Conditions

ClubBleu (herein “Programme”) is provided by VT Markets, traded under VT Markets LLC (Company Number 673 LLC 2020)(herein “the Company” or “VT Markets”), to the Company’s clients.

This Programme is available from 1 December 2022 onwards.

  • 1.  Eligibility

    • 1.1.  This Programme is open to new and existing clients of VT Markets who make, or have made, a deposit via the Client Portal. If you are unsure about your eligibility, please contact [email protected].

    • 1.2.  New accounts are subject to approval, and individuals who apply for an account must check their local laws and regulations before signing up with VT Markets.

    • 1.3.  This Programme is open to all types of trading accounts offered by VT Markets.

    • 1.4.  To participate in this Programme, clients may

      • 1.4.1.  Log in to the Client Portal

      • 1.4.2.  Make a deposit via any deposit method that is supported by VT Markets

      • 1.4.3.  Receive a welcome email to confirm their participation.

      • 1.4.4.  The “ClubBleu” section will become available for use on the Client Portal.

    • 1.5.  By participating in this Programme, clients acknowledge that they have read and agreed to be bound by these Terms and Conditions, and VT Markets’ Client Agreement.

    • 1.6.  VT Markets reserves the right to decline any application or indication to participate in any promotions at its sole discretion, without the need to provide any justification or explanation.

    • 1.7.  VT Markets reserves the right to exclude and/or cancel a client’s participation in its offers or Programme if: a) churning is committed (opening and closing of Margin FX or CFD transactions for the sole purpose of earning a benefit); b) the client is found to be in violation ofthe VT Markets’ Client Agreement or has breached the promotion's terms and conditions. In such cases, VT Markets reserves the right to deduct any bonus amount from the trading account.

  • 2.  Terms of Use and Redemption

    • 2.1.  All clients are required to abide by the prevailing Terms and Conditions of ClubBleu and its related activities and/or vouchers.

    • 2.2.  Points will be accumulated for each trade you complete from 1 December 2022 onwards.

    • 2.3.  The total amount of deposits you make into your account will also be tracked from 1 December 2022 onwards.

    • 2.4.  Redemption: Each voucher has a limited amount of redemptions allowed each month. Redemption of voucher(s) is on a first-come first-serve basis.

    • 2.5.  Clients’ points and membership tier will be determined as follows:

      • 2.5.1.  All ClubBleu members will have their total deposit amount reflected on their Client Portal.

      • 2.5.2.  Membership Tier: Members can promote to a higher tier by making more deposits into their account. The minimum total deposits required for each of the membership tiers is as follows:

        Membership Tier Minimum Total Deposit
        Member $1
        Silver $2,000
        Gold $20,000
        Platinum $100,000
      • 2.5.3.  Deduction Rule: For clients that become inactive (have no trading activities) for the preceding calendar month, the deposit amount used for membership tier calculations will be reduced by $2,000, possibly affecting their membership tier. This deduction will not affect the clients’ actual deposited amount.

      • 2.5.4.  Points: ClubBleu members gain points by trading on VT Markets (excluding Webtrader and the VT Markets app). The points received will allow members to redeem cash and vouchers or participate in member-exclusive activities.

        2,000 USD notional trading value = 1 point

        The notional trading value of all valid closed transactions will be computed and recorded at 7:00 PM on the following day (GMT+3, adjusted for daylight savings).

        Date/Time of Trade (GMT+3) Date/Time of Point Value Recorded (GMT+3)
        15 Jan
        12:00 AM–11:59:59 PM
        16 Jan
        7:00 PM
        22 Nov
        12:00 AM–11:59:59 PM
        23 Nov
        7:00 PM

        Points will be awarded per 2,000 USD increment in notional trading value. No points will be awarded for increments below this threshold.

        Day 1: 2,500 USD notional trading value = 1 point
        Day 2: 3,500 USD notional trading value = 3 points (cumulative)

      • 2.5.5.  Formula for the calculation of notional trading value:

        Notional trading value = Lot size * contract size * close price * exchange rate (base/quote)

        Example 1
        Gold (XAUUSD)

        The following example demonstrates how the calculation of notional trading value is applied;

        Lot: 2 Lots
        Closing price: $1700.55
        Contract size: 100 oz

        Substituting the numbers into the formula (Lot size * contract size* close price / exchange rate (base/quote)):
        2*100*1700.55 =340,110 USD notional trading value

        Calculation to point(s) equivalent:
        340,110 USD notional trading value = 170.05 = 170 points

        Example 2

        The following example demonstrates how the calculation of notional trading value is applied;

        Lot: 2 Lots
        Closing price: $1.38000 (EURCAD)
        Contract size:100,000
        Currency Rate: 1.35 (USDCAD)*

        *In this example, USDCAD is used to convert the notional trading value calculated into USD.

        Substituting the numbers into the formula (Lot size * contract size*close price / exchange rate (base/quote)):
        2 * 100,000 * 1.38000 / 1.35 = 204,444.44 USD notional trading value

        Calculation to point(s) equivalent:
        204,444.44 USD notional trading value = 102.22 = 102 points

        Example 3

        The following example demonstrates how the calculation of notional trading value is applied;

        Lot: 2 Lot
        Closing price: $1.50000 (EURAUD)
        Contract size:100,000
        Currency Rate: 0.70 (AUDUSD)*

        *In this example, AUDUSD is used to convert the notional trading value calculated into USD.

        Substituting the numbers into the formula (Lot size * contract size*close price / exchange rate (base/quote)):
        2 * 100,000 * 1.50000 / 0.70 = 428,571.42 USD notional trading value

        Calculation to point(s) equivalent:
        428,571.42 USD notional trading value = 214.28 = 214 points

        Important Note:
        - Do note that the above examples are for illustrative purposes only.

      • 2.5.6.  All points accumulated during the year must be utilised by the end of the next calendar year. Thereafter, all unused points will expire.
        For example, 100 points received in January 2022 will have to be used by 31 December 2023.

      • 2.5.7.  Points terms of use:

        • points received by clients in their designated account are strictly for their own use.

        • of points: Transferring of points is not allowed and will not be entertained.

        • of Trade(s): No points will be awarded for any trades closed within 3 minutes (180 seconds)

        • trades that are open for more than 3 minutes (180 seconds) will earn points.

        • on Credits (TOC): points will not be given for all trades that use credits, For example, promotions such as (not limited to) VT Markets’ Welcome/Deposit Bonus that rewards members with credits, will not be counted towards clients’ points.

        • Redemption: ClubBleu members may use their points for the redemption of vouchers and/or participation in member-exclusive activities. Members may also convert their points into cash.

        • Usage: ClubBleu members may utilise points to redeem vouchers listed within ClubBleu.

      • 2.5.8.  Voucher redemption

        •  ClubBleu members may utilise points for the redemption of vouchers within ClubBleu.

        •  The detailed Terms and Conditions for the redemption of cash are further explained in the Direct Cash Terms of Use, Profit Booster Terms of Use, Loss Rescue Terms of Use and Deposit Discount Terms of Use.

  • 3.  Exclusion

    • 3.1.  Exclusion of service: The Programme, ClubBleu, is not available on our VT Markets app. Points will not be awarded for trades executed via the VT Markets app. Deposits carried out on the VT Markets app will also not contribute towards a client’s total deposit amount reflected on their ClubBleu page.

    • 3.2.  Notwithstanding anything herein contained, VT Markets reserves the right at any time in its absolute discretion to (i) amend, add and/or delete these Terms and Conditions without prior notice (including eligibility of clients; replacement of prizes; promotional mechanics, promotion duration, qualifying terms and criteria), with all participating clients bound by such amendments, additions and/or deletions when affected, or (ii) vary, withdraw, or cancel any items or the promotion itself, without having to disclose a reason thereof and without any compensation or payment whatsoever. VT Markets’ decision on all matters relating to the promotion shall be final and binding on all participating clients.

  • 4.  Copyright

    • 4.1.  All Programme design, text, graphics, logos, button icons, images, audio clips, the selection and arrangement thereof, and all proprietary software is Copyright (c) 2022 VT Markets LLC, ALL RIGHTS RESERVED. The compilation (meaning the collection, arrangement and assembly) of all Programme content is the exclusive property of VT Markets, as enforced by international copyright laws. Any other use of Programme materials — including reproduction, modification, distribution, republishing, transmission, display, or performance — without the prior written permission of VT Markets is strictly prohibited.

  • 5.  Risk warnings

    • 5.1.  VT Markets’ Programmes are not designed to alter or influence an individual’s risk preference or encourage individuals to trade in a manner inconsistent with their trading strategies.

    • 5.2.  Clients should ensure that they operate their trading accounts in a manner consistent with their trading comfort level.

    • 5.3.  VT Markets will not be liable for any losses, costs, expenses, or damages which may occur as a result of this offer, and which by law may not be excluded by these Terms.

    • 5.4.  All VT Markets Programmes are construed in accordance with and governed by applicable laws.

    • 5.5.  The provisions of this Programme are intended to be interpreted in a manner which makes them valid, legal, and enforceable. In the event any provisions are found to be partially or wholly invalid, illegal or unenforceable, said provisions shall be modified or restricted to the extent and in a manner that is necessary to render it valid, legal, and enforceable. It is understood and agreed between the parties that such modification or restriction may be accomplished unilaterally by VT Markets , or, alternatively, by disposition of an arbitrator or a court of law. If such provisions cannot under any circumstances be so modified or restricted, they shall be excised from the Programme Terms without affecting the validity, legality or enforceability of any of the remaining provisions.

    • 5.6.  Modifications to the Programme: We are constantly innovating in order to provide the best possible experience to clients and other users of the Programme and its services. You acknowledge and agree that the form and nature of the Programme may change at any time, and without prior notice. You further acknowledge and agree that we may stop (permanently or temporarily) providing the Programme (or any features within the services) to you at our sole discretion, without prior notice. By accessing this Programme, you acknowledge and agree to any modifications to the services, and accept and agree to be bound by them.

    • 5.7.  Limits on liability: You agree that you will comply with all of the provisions of the Terms and Conditions (which are amendable at any time, at VT Markets’ discretion). You understand that you are solely responsible for (and that we have no responsibility to you or to any third party for) any breach of your obligations under the Terms and Conditions and for the consequences (including any loss or damage which we may suffer) of any such breach.

    • 5.8.  We are not responsible for any losses that are not caused by our breach of these Terms and Conditions, or through negligence or indirect losses which are a side effect of the main loss which are not reasonably foreseeable by you and us (for example, loss of profits).

    • 5.9.  We are also not responsible for our failure to meet any obligations under the Terms and Conditions due to events which are beyond our reasonable control.

    • 5.10.  Indemnification: At our request, you agree to compensate us fully, indemnify and hold us — our officers, directors, employees, agents, affiliates, licensors, and suppliers — harmless from and against all liabilities, claims, expenses, costs, damages, and losses, as a result of or in relation to your action or inaction. This is inclusive of legal fees, arising from or related to any breach of the Terms and Conditions by you, including the use by any other persons accessing this Programme using your trading account.

    • 5.11.  You agree that you will be personally responsible for your participation in this Programme and for all of your communications and activity on and pursuant to this Programme. If we determine that you are or have been engaged in unauthorised activities, were not respectful of other users, or otherwise violated the Terms and Conditions, we may deny you access to this Programme at any time on a temporary or permanent basis.

    • 5.12.  Your participation in the Programme is at your own risk. This Programme and all content in the Programme are presented on an “as is” basis. We expressly disclaim all warranties of any kind, whether express or implied, regarding the program, including, but without limitation, the implied warranties of title, merchantability or fitness for a particular purpose.

  • 6.  Privacy policy

    • 6.1.  We use and retain the information we collect to, among other things, detect security incidents and protect against malicious, deceptive, fraudulent, or illegal activity — including attempts to manipulate accumulated ClubBleu rewards points and benefits and/or violate these Terms and Conditions.

  • 7.Additional terms

    • 7.1.  VT Markets may at any time make changes to these Terms and Conditions and will notify you of these changes by posting the modified terms on VT Markets’ website. You are advised to revisit these Terms regularly. Your continued use of our website and services reflect that you accept any of such modified terms. VT Markets reserves the right to modify or cancel any Programme at its sole discretion at any time.

    • 7.2.  VT Markets may at any time, at its sole discretion, cease or discontinue any of its services under this Programme.

    • 7.3.  All interpretations of these Programme’s rules regarding membership are at the Company’s sole discretion, and the Company’s decisions will be final.

    • 7.4.  In the event of any discrepancy between the English version and any translated version of these Terms and Conditions, the English version will govern and shall prevail.

    • 7.5.  VT Markets reserves the discretion to determine what behaviour or activity constitutes misuse of the ClubBleu Programme, and may require clients to indemnify it for any losses and/or damage arising from such misuse.

    • 7.6.  VT Markets reserves the right to modify the ClubBleu Programme, including these terms, at any time. This includes (but is not limited to) changes such as:

      • 7.6.1.  Tier qualification requirements and/or conditions;

      • 7.6.2.  The type of benefits available to the various tiers (as applicable);

      • 7.6.3.  Validity duration of ClubBleu points; and

      • 7.6.4.  Special features, offers and/or promotions (as applicable) that may be available to various tiers.

    • 7.7.  You accept that you are responsible for keeping yourself updated on any changes that VT Markets may implement to the ClubBleu Programme.