Terms & Conditions
These Terms & Conditions (“T&C”) govern participation in online trading tournaments (“Tournaments”) organized by BLN TECH CLUB DMCC, registered at Unit No: 1210, Gold Crest Executive, Plot No: JLT-PH1-C2A, Jumeirah Lakes Towers, Dubai, UAE, license no.: DMCC-882990 (“For Traders” or the “Platform”). By joining a Tournament, you (the “Participant” or “Client”) agree to these T&C in full.
The Tournaments are organized exclusively for entertainment and promotional purposes and shall not be construed as offering investment services, financial instruments, or investment advice.
All trading activities within the Tournaments are executed on MT5 demo accounts utilizing virtual funds, with no connection to real financial markets or actual monetary value.
No real capital is invested, traded, or gained during participation in the Tournaments, and the outcomes bear no financial or legal implications beyond the scope of the promotional rewards expressly defined by the Platform.
Participation in the Tournaments is permitted solely to natural persons who have attained the age of eighteen (18) years. Any individual who is a national of, resides in, or is physically present within any jurisdiction designated as a Prohibited Jurisdiction in the Platform’s principal Terms and Conditions shall be strictly prohibited from accessing or participating in the Tournaments.
Each individual is strictly limited to a single Tournament account. The creation, maintenance, or use of multiple accounts by the same individual constitutes a material breach of these Terms and shall entitle the Platform to impose immediate and permanent exclusion from all current and future services, offerings, and programs provided by For Traders.
The Platform reserves the unilateral right to initiate Know-Your-Customer (KYC) verification procedures with respect to any Participant at any time, without prior notice. Upon such request, the Participant shall be obligated to promptly and fully comply, and failure to do so may result in disqualification and denial of access to the Platform’s services.
All parameters specific to each Tournament, including but not limited to entry fees, prize structure, maximum drawdown limits, trading duration, and participant caps, shall be communicated in advance through the official communication channels of the Platform, including its website, Discord server, or other designated social media platforms.
Participants are permitted to employ any trading strategy of their choosing, provided such strategies fall within the scope of the permitted trading instruments, which shall primarily consist of foreign exchange (FOREX) instruments, unless otherwise specified.
All trading activity shall be executed via the MetaTrader 5 (MT5) platform and shall be subject to the functionality, pricing data, and technical constraints of such platform. The Platform shall not be held liable for any discrepancies, delays, or interruptions in data or performance originating from or related to the MT5 environment.
To preserve equitable competition, each individual Participant shall be eligible to win a prize no more than once within any continuous fourteen (14) day period. Participants who do not achieve a prize-winning position may enter subsequent Tournaments; however, re-entry into the same Tournament instance is strictly prohibited.
Each Tournament may be offered either free of charge or subject to a one-time entry fee, the amount and payment terms of which shall be determined at the sole discretion of the Platform and disclosed in advance of the relevant Tournament’s commencement.
Prizes awarded in connection with Tournaments shall consist exclusively of promotional items, including but not limited to access to trading evaluation challenges offered by the Platform or its affiliates. The specific structure of prize distribution may vary and shall be communicated prior to the commencement of each Tournament. Such structure may include either a fixed allocation model or a dynamic model whereby prize tiers are adjusted based on the total number of Participants.
Winners shall be notified by the Platform within forty-eight (48) business hours following the conclusion of the applicable Tournament. Delivery of the corresponding prizes shall occur within a further forty-eight (48) business hours, subject to any required verification. The Platform reserves the right to withhold or revoke any prize in the event of suspected fraud, violation of these Terms, or failure to comply with identity verification requirements.
By entering a Tournament—whether free or paid—the Participant acknowledges that all entry fees, once paid, are strictly non-refundable, regardless of performance, disqualification, or early termination of participation. In particular, any Participant who breaches the Tournament rules or accesses the Tournament platform forfeits any right to a refund.
Any attempt to initiate a payment dispute or chargeback with a financial institution after accessing or participating in a Tournament shall be deemed an act of payment fraud. In such cases, the Platform reserves the right to permanently suspend the Participant’s access to all current and future services, products, and programs offered by For Traders and its affiliates.
By participating in any Tournament, the Participant agrees to uphold the principles of integrity, respect, and professionalism expected within the For Traders community. The Platform maintains a zero-tolerance policy toward any form of misconduct or abuse, whether occurring within its systems or in external interactions related to the Platform.
Without limitation, the following conduct shall constitute a material breach of these Terms and may result in immediate disqualification from the Tournament, permanent suspension from all current and future services offered by the Platform, and revocation of any associated prizes:
The Platform reserves the exclusive right to determine whether conduct constitutes a violation of this section. Individuals found to have violated the Code of Conduct shall be deemed ineligible for any ongoing or future engagement with the Platform, and any benefits obtained through such misconduct shall be immediately revoked.
By registering for and participating in any Tournament, the Participant expressly consents to the collection, processing, and use of their personal data by the Platform, including but not limited to their full name, email address, phone number, trading activity, account performance, and Tournament results.
The Platform shall be entitled to use such data for operational purposes related to the administration and execution of the Tournaments, as well as for broader marketing, promotional, and analytical purposes, including but not limited to displaying usernames, publishing leaderboard positions, showcasing trading performance, and sharing screenshots or summaries of trades on social media, websites, or other public-facing materials.
The Participant acknowledges and agrees that their participation in a Tournament constitutes a waiver of any claim to confidentiality or compensation regarding the use of such data in the aforementioned manner. All data processing shall be conducted in accordance with applicable data protection laws and the Platform’s Privacy Policy, as amended from time to time.
The Tournaments are currently operated within a beta testing environment, and as such, may be subject to technical limitations, software bugs, data inconsistencies, and other functional irregularities. By participating in a Tournament, the Participant expressly acknowledges and accepts the experimental nature of the Platform and voluntarily assumes all associated risks.
The trading interface for the Tournaments is provided by the Platform; however, all trading activity, including pricing, execution, and performance data, is processed through the MetaTrader 5 (MT5) platform. The Platform does not warrant the accuracy, continuity, latency, or availability of the MT5 platform or any third-party services integrated into the Tournament system.
Under no circumstances shall the Platform be held liable for any technical error, system malfunction, delay, connectivity issue, incorrect data feed, or any other issue—whether originating from the MT5 platform, the Tournament dashboard, or related infrastructure—that may affect the Participant’s ability to trade, monitor performance, or remain eligible for a prize.
The Platform provides the Tournament services strictly “as is” without warranty of any kind, whether express or implied. The Participant acknowledges that any loss of performance, prize eligibility, or Tournament standing due to such issues shall not constitute grounds for a refund, compensation, or legal claim.
The Platform reserves the exclusive and unilateral right to disqualify any Participant from a Tournament at any time, without prior notice, in the event of suspected rule violations, fraudulent behavior, abuse of the system, breach of these Terms and Conditions, or any conduct deemed contrary to the integrity or intended purpose of the Tournaments.
Disqualification may result in the immediate forfeiture of any current or prospective prizes and the permanent suspension of access to all services, products, and programs offered by the Platform and its affiliates.
Given the experimental and promotional nature of the Tournaments, which are operated in a beta testing environment and rely on third-party trading infrastructure, no appeal, dispute resolution mechanism, or challenge process shall be available in relation to disqualification decisions, technical disruptions, or contest outcomes. By participating, the Participant expressly waives any right to contest such determinations.
Participation in a Tournament shall be deemed to constitute full and irrevocable acceptance of this limitation.
These Terms and Conditions, as well as any legal relationship arising from participation in the Tournaments, including any non-contractual obligations, shall be governed by and construed in accordance with the laws of the Czech Republic, without regard to its conflict of law provisions.
Any dispute, controversy, or claim arising out of or in connection with these Terms, the Tournaments, or any related matter shall fall within the exclusive jurisdiction of the competent courts of the Czech Republic, based on the registered office of the Platform.
This provision shall be without prejudice to the rights of Participants who qualify as consumers under applicable European Union law to invoke mandatory consumer protections or bring claims before competent courts in their country of residence, where such rights cannot be waived under applicable law.
By registering for or participating in any Tournament, the Participant expressly acknowledges that they have read, understood, and agreed to be bound by these Terms and Conditions, as well as the Platform’s general Terms & Conditions and Privacy Policy, as may be amended from time to time.
Participation in a Tournament constitutes full and irrevocable acceptance of all rules, disclaimers, and limitations set forth herein, including those related to eligibility, disqualification, data usage, prize distribution, limitation of liability, and governing law.
If the Participant does not agree to these Terms in their entirety, they must not register for or take part in any Tournament.
