Vebson Prop Trader
Terms and Conditions
These Vebson Prop Trader Terms and Conditions (the “PTC”) govern the rights and obligations in connection with the use of services provided by Vebson Ltd. (the “Services”), offered primarily through the www.vebson.com/prop-trader website (the “Website”). Please read these PTC carefully. You are under no obligation to use the Services if you do not agree or understand any portion of these Terms, nor should you use the Services unless you understand and agree to these Terms.
1. INTRODUCTORY PROVISIONS
1.1. These PTC govern your (“you”, “your”, or the “Customer”) rights and obligations in connection with the use of the Services provided by Vebson Ltd., with its registered office and licensed in Saint Lucia. (“we”, “our”, or the “Provider”).
1.2. By registering on the Website or, where registration is not required, no later than by your first use of the Services, you are entering into a contract with the Provider for the provision of the Services you select. The PTC form an integral part of such a contract, and by accepting the contract with the Provider, you express your agreement to these PTC.
1.3. The Services are intended only for persons over the age of 18 who reside in countries where the Services are available. By registering on the Website, you confirm that you are over 18 years of age. If you are under 18, you may not use the Services. You agree to access and use the Services only from countries where such use is lawful.
1.4. The Provider shall not offer Services to Customers who are (i) nationals or residents of Restricted Jurisdictions, (ii) subject to international sanctions, or (iii) have a criminal record involving financial crime or terrorism. The Provider reserves the right to refuse, restrict, or terminate the provision of Services to such Customers and to prohibit them from using the Services, including the Client Section and/or Trading Platform.
1.5. The Services consist of providing tools for simulated foreign exchange trading on the FOREX market or simulated trading with other instruments on various financial markets, analytical tools, training materials, access to the Client Section, and other related services. You acknowledge that the trading you conduct using the Services is entirely simulated and that the funds involved are fictional, with no real-world monetary value.
1.6. NONE OF THE SERVICES PROVIDED BY VEBSON LTD. CONSTITUTE INVESTMENT ADVICE OR RECOMMENDATIONS. We do not provide guidance, instructions, or advice on specific transactions, nor do we accept any such guidance or instructions from you. No Vebson employees or representatives are authorized to offer investment advice or recommendations.
1.7. Your personal data is processed in accordance with our Privacy Policy.
2. SERVICES AND THEIR ORDER
2.1. You may order Services through the Website by completing the necessary registration or order form. Upon registration, you will receive login credentials for the Client Section and/or Trading Platform, granting you access to the Services.
2.2. The Services include, among other things, the Free Trial and Vebson’s Prop Trader Evaluation and Verification products. The scope of Services provided may vary depending on the product selected. The Free Trial allows limited access to some of the Services free of charge for a defined period.
2.3. All information you provide during registration must be complete, truthful, and up-to-date. You must inform us promptly of any changes in your data or update it in your Client Section.
2.4. Fees for the Prop Trader program vary depending on the selected capital amount, acceptable risk, and specific conditions to meet during the evaluation. Full details on fees are available on our Website at www.vebson.com/prop-trader.
2.5. The fee covers your access to the Prop Trader evaluation. No refunds will be issued for cancellations, terminations, or failure to meet the evaluation criteria, as specified in these PTC.
3. PAYMENT TERMS
3.1. Fees for the Prop Trader program are denominated in US dollars (USD). The Website will display the payment total in your chosen currency before order confirmation.
3.2. You may pay using a credit card, bank transfer, or other available payment methods. Payment must be made in full before the evaluation begins.
4. CLIENT SECTION AND TRADING PLATFORM
4.1. You are permitted one Client Section per person. All Services you engage in will be managed through this section.
4.2. You are responsible for maintaining the confidentiality of your login credentials and are liable for all activities conducted under your account.
4.3. The total number of Prop Trader Evaluations and Verifications per Client Section may be limited based on the total capital amounts of the products ordered or other factors. The Provider does not allow the transfer of capital between products, and performance or other data cannot be shared or combined between different products.
4.4. Access to the Client Section and Trading Platform is protected by login data, which the Customer must not share with any third parties. If the Customer is a legal entity, they may allow authorized employees or representatives to use the Services. However, the Customer is fully responsible for all actions carried out under their account.
4.5. Services may not be available continuously due to scheduled maintenance or other unforeseen reasons. The Provider bears no responsibility for any loss of data or content during periods of unavailability or any related losses incurred by the Customer.
4.6. The Customer may request the cancellation of their Client Section by sending an email to support@vebson.com. Cancellation is treated as a termination of the contract, and once the cancellation request is received, the Customer will no longer have access to the Services. Fees paid are non-refundable.
5. RULES OF DEMO TRADING
5.1. During simulated trading on the Trading Platform, the Customer may engage in transactions, provided they do not employ forbidden trading strategies or practices as outlined in clause 5.4. Customers must follow best market practices for trading and risk management.
5.2. The Provider has access to data related to the Customer’s simulated trades. The Customer grants the Provider the right to share this information with affiliated entities and to process it at their discretion. This consent is automatic, and no additional approval is required from the Customer.
5.3. The Provider does not guarantee the accuracy, timeliness, or reliability of the market information displayed in the Trading Platform.
5.4. Forbidden Trading Practices:
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Using trading strategies that exploit errors in pricing or delays in updates.
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Trading using external or slow data feeds.
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Manipulating trading by coordinating opposite positions across accounts, either alone or in concert with other persons, including between connected accounts or accounts held with different entities.
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Performing trades in contradiction with the terms and conditions of the provider and the trading platform.
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Using unauthorized software, artificial intelligence, ultra-high-speed trading, or high-frequency trading systems that manipulate, abuse, or give unfair advantages.
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Trading around major financial events that could significantly impact market volatility, within 2 hours of market closure.
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Gap trading by opening trades when major global news, macroeconomic events, or corporate reports or earnings are scheduled, or within 2 hours or less before the relevant financial market is closed for 2 hours or longer.
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Engaging in overleveraging, overexposure, one-sided bets, or account rolling—trading in a way that contradicts real market practices or could result in undue harm or financial risk to the provider.
5.5. If the Customer engages in any of the above Forbidden Trading Practices, the Provider reserves the right to remove the Customer’s trades, cancel Services, or terminate the contract immediately without refund or notice.
5.6. Repeated violations of these rules may lead to permanent suspension from the Services, including the Client Section and Trading Platform.
5.7. The Provider disclaims responsibility for any real trading activities conducted by the Customer outside of the simulated environment, even if the same platform is used for real trading.
6. PROP TRADER EVALUATION AND VERIFICATION
6.1. After paying the fee for the selected option of the Prop Trader Evaluation, the Customer will receive login details for the Trading Platform. The evaluation period starts once the Customer opens their first simulated trade.
6.2. The Customer must meet the following conditions to successfully complete the Prop Trader Evaluation:
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(a) Execute at least one trade on four different calendar days.
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(b) Avoid exceeding the daily loss limit and total loss limit based on the selected capital option.
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(c) Achieve a minimum profit level as specified for the selected option.
6.3. If the Customer successfully meets these conditions, they will proceed to the Verification phase, which is provided free of charge. The Provider will send new login details to the Customer’s email or Client Section.
6.4. The Verification phase starts once the Customer opens their first simulated trade. The conditions to pass Verification are the same as those outlined in the Evaluation.
6.5. Upon successful completion of the Verification, the Provider may recommend the Customer for potential placement in the Vebson Prop Trader Program. However, this recommendation does not guarantee acceptance.
6.6. If the Customer fails to meet the Evaluation or Verification conditions, their access to the Services will be revoked, and no refund will be provided.
7. VEBSON PROP TRADER PROGRAM
7.1. If the Customer successfully completes both the Evaluation and Verification, they may be considered for the Vebson Prop Trader Program. Acceptance into the program is at the sole discretion of the Provider or any third-party company facilitating the program.
7.2. Vebson Ltd. is not responsible for any agreement between the Customer and third-party companies related to the Prop Trader Program, including any contractual disputes or personal data sharing.
8. USE OF THE WEBSITE, SERVICES, AND OTHER CONTENT
8.1. The Website, Client Section, and all Services, including visual content, data, and functionality, are protected by intellectual property laws and belong to Vebson Ltd. The Provider grants you a limited, non-exclusive license to use the Services solely for personal, non-commercial purposes.
8.2. All trademarks, logos, and branding belong to Vebson Ltd. and its licensors, and no authorization is granted to use them outside the scope of these PTC.
8.3. Customers must act in good faith and avoid damaging the reputation or interests of the Provider. Any disputes or disagreements between the Customer and Provider will be resolved according to these PTC and applicable laws.
8.4. The following activities are prohibited when accessing the Services:
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(a) Using tools that may disrupt the functionality of the Website or Services.
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(b) Circumventing geographic or technical restrictions.
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(c) Copying, modifying, or distributing the Website content or code.
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(d) Engaging in automated viewing, scraping, or data collection from the Website.
9. DISCLAIMER
9.1. YOU ACKNOWLEDGE THAT THE SERVICES AND CONTENT ARE PROVIDED "AS IS" WITH ALL FAULTS AND WITHOUT ANY WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED. TO THE EXTENT PERMITTED BY LAW, VEBSON LTD. DISCLAIMS ALL WARRANTIES, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.
9.2. Vebson Ltd. is not liable for any indirect, incidental, special, or consequential damages, including loss of profits, data, or financial losses arising from the use of the Services. The Provider’s liability, if any, shall be limited to the fees paid for the Services in connection with which the damage occurred.
9.3. Vebson Ltd. reserves the right to modify, replace, or discontinue any portion of the Services at any time without prior notice or compensation.
9.4. Vebson Ltd. is not responsible for the failure to provide Services due to external factors beyond its control, including natural disasters, wars, or governmental restrictions.
10. VIOLATION OF THE PTC
10.1. If you violate any of the provisions in these PTC in a way that causes harm to the Provider, including but not limited to accessing the Services unlawfully, providing false information, or engaging in forbidden trading practices, Vebson Ltd. reserves the right to restrict or terminate your access to the Services without prior notice and without compensation.
11. COMMUNICATION
11.1. All communication between the Provider and the Customer will take place via the Client Section or the email address provided during registration. Email communication is considered to be written communication.
11.2. Vebson Ltd.’s official contact email is support@vebson.com.
12. RIGHT TO WITHDRAW FROM A CONTRACT
12.1. If you are a consumer, you have the right to withdraw from the contract without providing any reason within 14 days of the contract's execution. Note that once you begin engaging in demo trades, you forfeit the right to withdraw from the contract.
12.2. To withdraw, you must notify the Provider by email at support@vebson.com within the specified period. The Provider will refund any fees paid within 14 days of receiving the withdrawal notice.
12.3. Vebson Ltd. reserves the right to terminate the contract if the Customer violates any of the terms outlined in clause 10.
13. DEFECTIVE PERFORMANCES
13.1. If the Services do not meet the agreed-upon specifications or have not been provided, you have the right to claim defective performance. You may request the Provider to remedy the defect or provide a discount.
13.2. Complaints will be resolved as soon as possible, and no later than 30 days from the date of submission. Complaints can be sent via email to support@vebson.com.
14. CHANGES TO THE PTC
14.1. Vebson Ltd. reserves the right to modify these PTC at any time. The Customer will be informed of any changes at least 7 days before the changes take effect via email or the Client Section.
14.2. If the Customer does not agree with the changes, they have the right to reject them by notifying the Provider via email before the changes take effect. The contract will then be terminated.
14.3. Changes to the PTC may be made for several reasons, including but not limited to:
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(a) Introduction of new services or products.
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(b) Changes in regulatory or legal requirements.
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(c) Improvements in the user experience or service quality.
15. OUT-OF-COURT CONSUMER DISPUTE SETTLEMENT
15.1. If you have any complaints or suggestions, Vebson Ltd. will gladly resolve them. Please contact us at support@vebson.com.
16. CHOICE OF LAW AND JURISDICTION
16.1. Any legal relations arising from or related to these PTC shall be governed by the laws of Saint Lucia.
16.2. Any disputes arising from these PTC shall be settled in the courts of Saint Lucia, unless the Customer is entitled to consumer protection under their local jurisdiction.
17. DURATION AND TERMINATION OF THE CONTRACT
17.1. The contract is concluded for a definite period until the Customer completes or fails the Prop Trader Evaluation or Verification.
17.2. Vebson Ltd. may terminate the contract immediately for cause if the continuation of the Services would breach any legal obligations or governmental orders.
17.3. The contract may also be terminated by either party by providing a written notice at least 7 days in advance.
18. FINAL PROVISIONS
18.1. Vebson Ltd. has not adopted any consumer codes of conduct.
18.2. These PTC constitute the entire agreement between the Customer and Vebson Ltd. and supersede all prior verbal or written agreements regarding the Services.
18.3. Vebson Ltd. reserves the right to assign any claims or rights arising from these PTC to third parties without your consent. The Customer is not authorized to assign their rights or obligations under these PTC to any third party without the Provider’s prior written consent.
18.4. If any provision of these PTC is found to be invalid or unenforceable, it shall not affect the validity of the remaining provisions.
19. DEFINITIONS, EXPRESSIONS, AND ABBREVIATIONS USED
For the purposes of the PTC, the following definitions shall apply:
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Client Section: The user interface available on the Website where Customers manage their accounts and Services.
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Content: All elements of the Website and Services, including data, graphics, texts, and multimedia content.
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Customer: The individual using the Services as outlined in clause 1.1.
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PTC: These Vebson Prop Trader Terms and Conditions.
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Services: The Services provided by Vebson Ltd. related to the Prop Trader program.
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Trading Platform: The third-party platform used for simulated demo trading.
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Website: The website www.vebson.com/prop-trader.