VFS Loyalty Program
The loyalty program of VFS allows all the members to earn points upon trading and redeem for brand new gifts. By the time of account opening all members will be automatically entering the contest in order to collect more points for reward.
Multiple Membership options
Clients are being offered different membership options matching their level of trading experience, demands and their risk appetite. All you need to do is open a VFS live account and start earning points based on your membership card and your trade volume. These accounts can be opened in any VFS branches or online by visiting www.vfs.af
Select your card and avail the benefits.
Select your membership type as per your budget. Your huge budget (higher Membership type) will allow you to earn points in a faster rate.
$100 To $20,000
1 Lot = 1 point
$20,001 TO $50,000
1 lot = 2.5 point
$50,001 or above
1 lot = 5 point
Note: While trading Forex, metals and indices you will be earning the points as per the above principle where trading on crude will have the below points:
Standard Membership Behtarin Membership Almas Membership
$100 To $20,000 $20,001 TO $50,000 $50,001 or above
1 lot = 0.5 Point 1 lot = 1.3 Point 1 lot = 2.5 Point
Trade and get points
VFS is rewarding your traded lots and earned points with brand new gifts. The more you trade, the more you earn points and the more you will be rewarded.
The earned points will be calculated based on membership cards and products as per the below tabl
Points can be earned against trading standard lots, incase of trades in partial lots (mini and micro lots) then the points should accrue only when the accumulated sum of the partial lots traded over time equals to or is greater than one.
For further clarifications, Consider bellow table:
|Date||Products||Lot Size||Points accrued||Total Points Earned for the period|
Use your points to redeem excellent rewards as below:
|NO.||Basket No. 1||Basket No.2||Basket No. 3||Basket No. 4||Basket No. 5|
|1||Samsung Mobile||IPhone 8||Hajj Umra||Bachelor’s degree scholarship||New model Toyota corolla – 0 Km|
|2||Laptop||Laptop||Apple’s MAC||Trip to Turkey||Apartment|
|3||Tablet||Tablet||Shopping card with $1600 value||Forex Training in India||Gold 595 Grams|
|4||Digital Camera||Motorcycle||Gold 85 Grams||Cash prize $30,000|
|5||Shopping card with $400 value||Shopping card with $800 value|
Required points for each basket
|Baskets||Points Required to redeem an individual basket|
- The loyalty program will be effective by default after a real account has been opened.
- Clients will receive his/her membership card within 48 hours from the branch where the real account has been opened.
Rewards redeeming process
- In order to check, redeem or exchange your earned loyalty points with gifts available in our reward baskets, you need to visit our nearest branch or contact our customer care 24/7 at 0790250250.
- The qualified clients will be contacted through VFS.
Trading points’ expiration Terms
The validity for the earned points will be 3 years. However at the end of 3 years, the points that expire will be the ones earned in the 1st year. This process will be repeated every subsequent year as per the below chart:
Trading points’ expiration mechanism
|Year||Beginning Points (A)||Points Earned (B)||Points Redeemed (C)||Points Expired (D)||Total Points Carried Forward to next year(A+B-C-D)|
|4||500||240||0||100 (Because out of the 250 points earned in the 1st year 150 was redeemed in the 2nd and 3rd year-> 250-50-100=100)||640|
Terms and conditions:
- In case, where the equity of a standard member increases from 20,000 the subscription type will also be switching from standard to behtarin simultaneously. The change will be only subject to the points that a client is earning where the trading lots of the client shall remain constant.
- IIn case, where the equity of a Behtarin member increases from 50,000, the subscription type will also be automatically switching from behtarin to Almas simultaneously. The change will be only subject to the points that a client is earning where the trading lots of the client shall remain constant.
- In case, where the equity of a Behtarin member decreases from 20,001 the subscription type will also be automatically switching from behtarin to Standard simultaneously. The change will be only subject to the points that a client is earning where the trading lots of the client shall remain constant.
- In case, where the equity of an Almas member decreases from 50,001 the subscription type will also be automatically switching from Almas to Behtarin simultaneously. The change will be only subject to the points that a client is earning where the trading lots of the client shall remain constant.
- On the very first stage the deposit shall determine the membership option of the clients where after execution (Trading) the floating equity will be determining client’s membership.
- Entry bonus for customers who are opening real accounts online will be 5 points.
- The gifts within the baskets are changeable in terms of choice but not in terms of value.