VEX Cup 2026 — Terms and Conditions

These Terms and Conditions (the "Competition Terms") set out the rules of VEX Cup 2026, the VexPro trading competition (the "Competition"). By enrolling in the Competition, you confirm that you have read, understood and accepted these Competition Terms in full. These Competition Terms supplement the General Terms and Conditions of Use (the "General Terms"), which continue to apply to your client account and to the Competition Account. In the event of a conflict regarding the Competition, these Competition Terms prevail.

1. Organiser and Scope

1.1 The Competition is organised by VEX PRO LTD, a company registered at the International Financial Centre (IFC) of Saint Lucia under number 2025-00308, with its registered office at Ground Floor, Sotheby's Building, Rodney Bay, Gros-Islet, Saint Lucia ("VEX", "we", "us" or "our").

1.2 These Competition Terms apply to VEX Cup 2026, the first edition of the Competition, and to every client who enrols in it (a "Participant"). Capitalised terms not defined here have the meaning given to them in the General Terms.

1.3 The Competition is a trading contest carried out on live MetaTrader 5 (MT5) accounts. It is not an investment product, an offer of financial services or a promise of any return.

2. Competition Period

2.1 The Competition runs from 10 November 2026 at 00:00 EST until 10 December 2026 at 23:59 EST (the "Competition Period"). All times in these Competition Terms refer to Eastern Standard Time (EST, UTC−5), unless the trading server time is expressly stated.

2.2 Only positions closed within the Competition Period count towards the ranking. Positions closed before the start or after the end of the Competition Period, and the floating (unrealised) result of positions that remain open at the end of the Competition Period, are disregarded for ranking purposes.

3. Eligibility and Enrolment

3.1 The Competition is open only to clients of VEX who: (a) have completed identity verification (KYC) in accordance with the AML and KYC Policies; (b) have reached the age of majority in their country of residence, and in any case are at least eighteen (18) years old; and (c) are not resident in, or citizens of, a jurisdiction in which VEX does not provide services or in which participation would be unlawful, as set out in the Risk Disclosure.

3.2 Enrolment is made exclusively from the client area at my.vexprofx.com, as follows: (a) the client logs in to the client area, opens the main menu and goes to Competitions; (b) the client must have USD 500 available in their Balance wallet and, if not, may deposit that amount using the "Add funds" option; (c) the client clicks Enroll on VEX Cup 2026; and (d) the client completes the enrolment form, accepts these Competition Terms and confirms the enrolment. A person who does not yet hold a VEX client account must first open one at my.vexprofx.com, complete verification and then enrol as described above.

3.3 On confirmation of the enrolment, the system opens the Participant's Competition Account (Clause 4.1). The USD 500 is transferred from the Participant's Balance wallet to the Competition Account as its initial balance; it is not an entry fee.

3.4 Only one (1) entry per client is permitted. Entering more than once, whether through several client accounts, through accounts held in the name of other persons or through any other means, will result in the disqualification of all related entries.

3.5 Employees and officers of VEX and of the other entities of VEX GROUP may not take part in the Competition.

3.6 VEX may refuse or cancel any enrolment where the eligibility conditions are not met, where information provided is false, incomplete or misleading, or where VEX considers that participation would breach the General Terms, the AML and KYC Policies or applicable law.

4. Competition Account, Deposits and Calculation of Net Profit

4.1 Each Participant trades on a new MT5 account created solely for the Competition, in the "Competencia" group (the "Competition Account"). Existing trading accounts cannot be used. The Competition Account has a fixed leverage of 1:100, which may not be changed during the Competition Period.

4.2 The Participant may deposit additional funds into the Competition Account at any time from the start of the Competition Period, and may continue to add funds throughout it, in order to increase the capital available for trading. Deposits are subject to the deposit rules, methods and fees set out in Section 4 of the General Terms.

4.3 For the purposes of the Competition, "Net Profit" means the sum, expressed in US dollars, of the realised net results of all positions on the Competition Account that are closed within the Competition Period, after commissions and swaps. The following are not counted as Net Profit: the initial balance of USD 500, any additional deposit, internal transfers, bonuses, credits, compensations or balance adjustments of any kind, and the floating (unrealised) result of positions that remain open at the end of the Competition Period.

4.4 Deposits therefore increase the capital available for trading but are excluded from the profit calculation. Any profit or loss generated by trading that capital is counted in accordance with Clause 4.3.

5. Winner Criterion

5.1 Participants are ranked by Net Profit in USD on the Competition Account at the close of the Competition Period; deposits are excluded. The winner is the Participant who achieves the best result, provided that the Participant has complied with these Competition Terms, including the trading rules set out in Section 6. Only Participants who comply with these Competition Terms qualify for the ranking and for the prizes.

5.2 The ranking and the winners are determined by VEX on the basis of the records of its MT5 trading server, following the verification described in Section 10. Any ranking displayed during the Competition Period is provisional and for information only.

5.3 In the event of a tie, the Participant with the lower maximum drawdown recorded on the Competition Account during the Competition Period ranks higher. If the tie persists, the Participant whose enrolment was completed first ranks higher.

5.4 The determination made by VEX after its verification is final, save for manifest error and without prejudice to the complaints procedure in Section 14.

6. Trading Rules

6.1 Manual trading only. All trades on the Competition Account must be placed manually by the Participant. The use of Expert Advisors (EAs), trading bots, scripts, copy trading or trading signals executed automatically, and any automated, semi-automated or similar trading system is prohibited.

6.2 Prohibited practices. The following are also prohibited: (a) latency arbitrage; (b) hedging across multiple accounts, including between the Competition Account and any other account held by the Participant or by third parties; (c) abuse of news volatility using guaranteed limit orders; (d) the use of delayed data or price feeds to obtain risk-free profits; (e) collusion or coordinated trading between Participants; (f) third-party management of the Competition Account; and (g) any other Prohibited Strategy listed in Section 8 of the General Terms.

6.3 No drawdown or daily loss limit. There is no maximum drawdown or daily loss limit on the Competition Account. Participants are solely responsible for managing the risk of their trading and may lose all the capital in the Competition Account.

6.4 A breach of Clause 6.1 or 6.2 results in the Participant's removal from the ranking and may in addition give rise to the measures provided for in Section 6 and Section 8 of the General Terms.

7. Prizes

7.1 The prizes of VEX Cup 2026 total USD 8,000 in cash, together with Vex Funded accounts, and are awarded as follows:

• 1st place: USD 5,000 in cash and a Vex Funded account with a notional balance of USD 200,000;
• 2nd place: USD 2,000 in cash and a Vex Funded account with a notional balance of USD 100,000;
• 3rd place: USD 1,000 in cash and a Vex Funded account with a notional balance of USD 50,000.

7.2 Cash prizes are credited after the winner's KYC verification and the verification described in Section 10, to the winner's trading account or wallet with VEX in accordance with the procedure of the client area.

7.3 Each Vex Funded account awarded as a prize is a Vex Funded account with the notional balance stated in Clause 7.1, governed by the Vex Funded Programme Terms. Vex Funded accounts are simulated: they are evaluation accounts with performance-based rewards and do not represent real capital deposited with or made available by VEX.

7.4 Prizes are personal and may not be transferred, assigned or exchanged. Any taxes, duties or charges that may apply in the winner's jurisdiction are the sole responsibility of the winner.

7.5 Withdrawals of amounts credited as cash prizes are subject to the withdrawal rules of the General Terms.

8. Withdrawals

8.1 Withdrawals are not permitted during the Competition Period. The Participant may deposit additional funds at any time from the start of the Competition Period; deposits are excluded from the profit calculation. Apart from this restriction, the Competition Account operates as a normal trading account.

8.2 After the Competition Period ends, the Participant may withdraw the full balance of the Competition Account, including capital contributed and profits, in accordance with the withdrawal rules, verification checks and fees set out in Section 4 of the General Terms.

9. After the Competition

9.1 The end of the Competition does not require the Competition Account to be closed. The Participant may continue to use it as an ordinary trading account, subject to the General Terms and to the operating conditions applicable to it.

9.2 Trading carried out after the end of the Competition Period has no effect on the ranking or on the result of the Competition.

10. Verification and Disqualification

10.1 VEX may review and audit the trading activity of any Participant, both during and after the Competition Period, and may request any information or documents it reasonably considers necessary to verify compliance with these Competition Terms.

10.2 VEX may disqualify a Participant, remove the Participant from the ranking, void the results of the Competition Account and withhold or cancel any prize where: (a) the Participant breaches these Competition Terms or the General Terms; (b) the Participant fails to provide the information or documents requested within the period indicated; (c) the Participant has provided false or misleading information; or (d) VEX detects fraud, abuse, manipulation or activity that is inconsistent with the purpose of a fair trading competition.

10.3 Disqualification under this Section does not by itself affect the Participant's ownership of the funds deposited in the Competition Account, which remain subject to the General Terms, including its provisions on suspension, investigation and fund retention.

11. Changes, Suspension and Cancellation

11.1 VEX may amend these Competition Terms, including the Competition Period, where reasonably necessary for operational, technical, legal or regulatory reasons. Any amendment will be published in this document and on the competitions page of the website.

11.2 VEX may suspend or cancel the Competition, in whole or in part, in the event of technical failures, force majeure, regulatory requirements, suspected fraud or any other circumstance beyond its reasonable control that affects the fair conduct of the Competition. In such case VEX will inform Participants through the client area or by email, and the funds in the Competition Accounts will remain available to Participants in accordance with the General Terms.

12. Risk Warning

12.1 Trading foreign exchange, CFDs and other leveraged financial instruments involves a significant risk of loss and may result in the loss of all the capital deposited. Participation in the Competition does not reduce that risk, and Participants should only trade with funds they can afford to lose.

12.2 Past results, rankings and the performance of other Participants are not indicative of future results. VEX does not provide investment advice, and all trading decisions are the Participant's own responsibility. See the Risk Disclosure.

13. Data Protection and Publication of Winners

13.1 Personal data provided in connection with the Competition is processed in accordance with the Privacy Policy, for the purposes of managing the Competition, verifying compliance and awarding prizes.

13.2 VEX may publish the results of the Competition. With the winner's prior consent, VEX may publish the winner's first name and country of residence on its website and social media channels. No other personal data will be published without the Participant's express consent.

14. Governing Law and Complaints

14.1 These Competition Terms are governed by the laws of Saint Lucia. Any dispute shall be subject to the exclusive jurisdiction of its courts.

14.2 Any question or complaint relating to the Competition may be submitted to compliance@vexprofx.com. Responses are typically provided within 24–72 business hours, and complaints are reviewed by the Risk and Compliance Department in accordance with the General Terms.

Last updated: 31 October 2026