Jetvix Loyalty Program
This Jetvix Loyalty program (hereinafter referred to as the “Program”) is a set of marketing measures implemented by Jet Corp LLC (hereinafter referred to as the “Company”) and aimed at attracting new, retaining existing clients and stimulating their activity on the Jetvix trading platform (website jetvix.africa , the Jetvix mobile application, hereinafter referred to as the “Trading Platform”).
General provisions
1. The Program involves assigning statuses to the Clients depending on their activity on the Trading Platform.
2. Each status implies providing the Client with certain opportunities when operating the Trading Platform.
3. Potential participants of the Program are all the Clients registered on the Trading Platform.
4. Registration on the Trading Platform means the Client’s full and unconditional consent with all the provisions of this Program.
5. The actual participation of the Clients in the Program (using the provided benefits) is exclusively voluntary.
The threshold for obtaining a status
1. Each status has its minimum threshold to obtain.
2. The threshold for obtaining the status is understood as a certain set of actions performed by the Client and/or the amount of trading turnover achieved.
3. The progress already made by the Client in the current status is saved and taken into account when determining the minimum threshold for obtaining each subsequent status.
4. The current status of the Client is displayed in his personal profile.
Trading turnover
1. Performing the trading turnover determined by each of the statuses means closing such a number of open Positions, the total value of which is equal to or exceeds the threshold set for the corresponding status (see the table “Statuses and Benefits”).
2. The trading turnover is calculated in Standard lots. 1 Standard lot is equal to 100,000 USD.
3. When calculating the trading turnover, both the Client’s own funds and funds received through Bonuses, promotions and Leverage are taken into account.
4. The progress of the trading turnover is displayed in the Client’s personal profile.
5. For the purposes of calculating Trading turnover, only Trading Operations lasting 30 seconds or more or those Trading Operations where the difference between the opening and closing prices of a Position is 10 pips or more are taken into account.
Cashback
1. Cashback refers to the return to the Client of part of the cost of lossmaking Trading Operations.
2. Cashback is calculated upon the closing of an open Position in case of losses on a Trading Operation.
3. For the purposes of calculating losses on a Trading Operation, the amount of loss compensated to the Client using negative balance correction (NBC) is not taken into account. NBC is a measure taken by the Company in order to protect the Client and ensure that his loss on Trading Operations does not exceed his Account balance.
4. For the purposes of calculating cashback, only Trading Operations lasting 30 seconds or more or those Trading Operations where the difference between the opening and closing prices of a Position is 10 pips or more are taken into account.
5. Pips is the minimum price change in the last sign in the Asset quotation.
6. The calculated cashback is displayed in the Client’s personal profile.
7. The percentage of cashback credited to the Client varies depending on the Client’s status (see the table “Statuses and Benefits).
8. The maximum amount (limit) of accrued cashback for the Client with any of the statuses implying cashback is 100 USD (or the equivalent in another currency) for the billing period. If the calculated amount of cashback for the billing period exceeds the established limit, then such an amount (in excess of the limit) burns out and is not subject to accrual either in the current or in subsequent billing periods. At the beginning of the next billing period, if there are Trading Operations and losses on them, the calculation and accrual of cashback is resumed.
9. If the Client used Respawn in the current billing period, the calculated cashback is reset to zero.
10. The cashback for the current billing period is credited to the Client’s Real Account automatically at the end of this billing period.
11. The billing period is equal to 1 (one) calendar month.
Respawn
1. Starting from the Standard status, the Respawn option is available to each of the Clients. The rules of the Respawn option are described in detail here.
2. Upon obtaining of each subsequent status, the Respawn option becomes available to the Client again for 7 (seven) days, regardless of whether he used it in his previous status or not.
3. In this case, the countdown of 7 (seven) days begins immediately after receiving the status (if there was at least one deposit after the last use of Respawn) or from the moment the Client made the first Deposit in the new status (if there were no deposits after the last use of Respawn).
4. The availability of the Respawn option can be checked in the Client’s personal profile.
Status promo codes
1. Obtaining of certain statuses by the Client is accompanied by the automatic generation of unique status promo codes.
2. A status promo code increases the Deposit amount by a certain amount, or provides other benefits specified in the rules for using such a promo code.
3. Each status promo code can be applied once, unless otherwise specified in this Program or the rules for using such a promo code.
4. The validity period of a status promo code is unlimited, the Client can use it at any time.
5. The Client can only use a status promo code on his own, the transfer of promo codes is not allowed.
6. A list of available promo codes can be found in the Cashier section.
Personal manager
1. When the Client gets the Gold status, the Company allocates a personal manager to him.
2. The Client receives a notification that he has a personal manager and the contact details of a personal manager.
3. A personal manager helps the Client with solving any issues that arise in the process of operating the Trading Platform, informs him about the Company’s personal promotions.
4. The contacts of the personal manager are indicated in the Client’s personal profile.
No fee withdrawal limits
1. The Client is given the opportunity to withdraw a certain amount of funds without Withdrawal fee, depending on the status provided.
2. Each of the statuses corresponds to its daily and monthly maximum limits for withdrawing funds without Withdrawal fee.
3. The established maximum limits are not summed up and do not accumulate, regardless of whether the Client made a Withdrawal of funds in any billing period or not.
4. Limits on Withdrawal of funds without Withdrawal fee are updated at the end of the current billing period or before its end if the Client receives a new status. In the latter case, in the current billing period, the Client can withdraw the maximum monthly limit of funds without Withdrawal fee, reduced by the amount of funds already withdrawn in the previous status.
5. The billing period is 1 month.
6. If the daily and/or monthly limit is exceeded, the Client will be charged a Withdrawal fee of 10% of the Withdrawal amount.
7. The current available limits for Withdrawal of funds without Withdrawal fee are indicated in the Client’s personal profile.
8. The Program does not apply to any fees set by banks, payment systems and other financial organizations through which the Client makes Withdrawals.
Statuses and Benefits
Final provisions
1. The Company has the right to make changes and additions to the terms of this Program. In case of changes to this Program, the Company will post a new version of this Program on the Trading Platform’s website (mobile app). Additionally, the Company has the right to notify the Clients of changes to this Program by providing marketing and/or information materials to them.
2. The Client undertakes to independently monitor the introduction of changes and additions to this Program. The Client’s performance of actions to use the benefits provided by the Program after the entry into force of the new version of this Program is a confirmation of the Client’s consent to the new version of this Program.
3. The Company has the right, among other things, to change the list, qualitative and quantitative characteristics of the benefits provided by the Program, both for certain statuses and for all at once.
4. The Company may cancel any benefits for the Client if he does not comply with the rules of this Program and/or commits fraudulent actions and/or abuses any benefits provided to the Client under this Program and/or provides misleading information to the Company. None of the advantages presented can be considered as obligations of the Company to the Client.
5. The Company has the right to exclude any Client from participating in this Program without warning if the Client does not comply with the terms of this Program, and/or commits fraudulent actions, and/or abuses any benefits provided to the Client under this Program, and/or provides misleading information to the Company.
6. Terms used with capital letters and not disclosed in the Program text are interpreted in accordance with the Client Agreement.
7. In all other matters not covered by this Program, the Client and the Company are guided by the provisions of the Client Agreement. If the provisions of this Program contradict the content of the Client Agreement, the latter shall prevail.
8. The Program comes into force on 22 May 2024 and is valid for an indefinite period, until changes are made to it or its cancellation
E-mail: [email protected]