1. Introduction
These Terms of Service ("Terms") govern your use of the website and services provided by CTPB (Trading Proficiency Board), operated by Vipas Ventures MB (company code 306998929), registered at Konstitucijos ave. 12, LT-09308 Vilnius, Lithuania. By accessing ctpb.eu or using any CTPB services, you agree to be bound by these Terms.
2. Description of Services
CTPB operates a structured evaluation and certification programme for derivatives traders. The services include:
- Evaluation: a paid evaluation programme with defined performance criteria, drawdown thresholds, and minimum activity requirements conducted under simulated market conditions
- Certification: formal recognition of traders who meet all evaluation thresholds, designated as CTPB Certified Traders
CTPB is an evaluation and certification institution. The sole service offered through this website is registration for a structured proficiency evaluation with a fixed registration fee. CTPB does not execute trades, hold client funds, provide investment advice, or operate as a financial intermediary.
3. Eligibility
To use CTPB services, you must:
- Be at least 18 years of age
- Be legally permitted to participate in the services in your jurisdiction of residence
- Provide accurate and complete registration information
- Not be a resident of any jurisdiction where participation in such services is prohibited
4. Registration and Accounts
You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You must notify CTPB immediately of any unauthorised use of your account.
CTPB reserves the right to suspend or close accounts that violate these Terms, provide false information, or engage in activities that compromise the integrity of the evaluation process.
5. Evaluation Programme
The Full Evaluation requires payment of a non-refundable registration fee. The fee amount is displayed at the time of registration. By registering, you acknowledge that:
- The registration fee is non-refundable once the evaluation commences
- The evaluation is conducted using simulated market conditions
- Meeting evaluation thresholds does not constitute a guarantee of certification
- CTPB reserves the right to modify evaluation parameters with reasonable notice
6. Certification
Traders who meet all evaluation thresholds may be awarded CTPB Certification at the institution's discretion. The terms governing the use, display, and validity of the certification credential are specified in a separate Certification Agreement issued at the time of award.
CTPB reserves the right to suspend or revoke certification for breach of the Certification Agreement, including misrepresentation of credential status.
7. Fees and Payments
The evaluation registration fee is the sole fee payable through this website. Payment is processed at the time of registration. The fee is non-refundable once the evaluation commences.
Any additional arrangements between CTPB and Certified Traders are governed by separate agreements and are not part of these Terms.
8. Prohibited Conduct
Users shall not:
- Provide false or misleading information during registration
- Attempt to manipulate evaluation results or exploit system vulnerabilities
- Use automated trading systems, bots, or third-party tools not expressly permitted by CTPB
- Share account credentials or allow third parties to trade on their account
- Engage in any form of market manipulation or fraudulent activity
- Reverse-engineer, decompile, or disassemble any CTPB technology
- Use the services for money laundering, terrorist financing, or any other illegal purpose
9. Intellectual Property
All content, technology, trademarks, and materials on ctpb.eu are the property of CTPB. You may not reproduce, distribute, modify, or create derivative works from any CTPB materials without prior written consent.
10. Limitation of Liability
CTPB provides its services on an "as is" and "as available" basis. To the maximum extent permitted by applicable law, CTPB shall not be liable for any indirect, incidental, consequential, or punitive damages arising from your use of the services.
CTPB does not guarantee uninterrupted access to its platform. Temporary service disruptions may occur due to maintenance, technical issues, or circumstances beyond CTPB's control.
11. Indemnification
You agree to indemnify and hold harmless CTPB, its officers, directors, and employees from any claims, losses, or damages arising from your use of the services, violation of these Terms, or infringement of any third-party rights.
12. Governing Law and Dispute Resolution
These Terms are governed by the laws of the Republic of Lithuania. Any disputes arising from or relating to these Terms shall be subject to the exclusive jurisdiction of the courts of Vilnius, Lithuania.
Before initiating formal proceedings, the parties agree to attempt to resolve disputes through good-faith negotiation. Disputes may also be submitted to an EU-certified online dispute resolution platform in accordance with Regulation (EU) No 524/2013.
13. Amendments
CTPB reserves the right to modify these Terms at any time. Material changes will be communicated to registered users via their registered contact method and will be reflected on this page with an updated effective date. Continued use of the services following such changes constitutes acceptance of the revised Terms.
14. Severability
If any provision of these Terms is found to be unenforceable or invalid, that provision shall be limited or eliminated to the minimum extent necessary, and the remaining provisions shall remain in full force and effect.
15. Contact
For questions regarding these Terms, contact: legal@ctpb.eu
CTPB (Trading Proficiency Board)
Vipas Ventures MB (company code 306998929)
Konstitucijos ave. 12, LT-09308 Vilnius, Lithuania