The most common reason for this is that the client (your referee) you refer to us is not a genuine trader. VT Markets uses the following methods and criteria (including but not limited to the following) to identify whether a referee is a genuine trader under this offer:

-Whether the referee’s activities (e.g. funding, trading, etc) follows the same pattern as other genuine traders that trade with us.

-Whether the referee stops trading after the conditions are met for referrer to claim from this offer

-Whether the referee is churning (opening and closing of Margin FX or CFD transaction just for the sake of earning a benefit).

-Whether the referee breaches VT Markets’ Client Agreement.

-Whether the referee breaches the terms and conditions of this offer.

In case such misconduct or the breach, VT Markets shall have the right to reject the bonus claim request and deduct any bonus amounts from you if applicable.