1. Introduction
1.1. These Terms and conditions (“Incentive Terms”) apply to the 2026 FTT Incentive Program (“Incentive Program”).
1.2. The Incentive is organised and administered by Deriv (SVG) LLC (“Deriv”, “we”, “us”, or “our”).
1.3. The term “you” refers to you as a participant in the Incentive.
1.4. By participating in this Incentive Program, you agree to be bound by these Incentive Terms, which apply in addition to the Deriv Business Partner Terms and any other agreement you have with Deriv.
1.5. If there is any inconsistency between these Incentive Terms and any other terms, these Incentive Terms shall prevail to the extent of the inconsistency.
1.6. Deriv’s decisions regarding the Incentive (including eligibility, verification, and results) shall be final, subject always to Deriv acting reasonably where required by law.
2. Eligibility
2.1. This Incentive Program is open only to selected Deriv Partners who have received a direct invitation from Deriv. Incentive Programs are strictly limited to the intended recipient of the invitation and are not transferrable.
2.2. For the avoidance of doubt, participation is subject to the Code of Conduct (as set out in the Deriv Business Partner Terms) and the Deriv Business Partner Terms.
2.3. Deriv may refuse entry where participation is not permitted by applicable law, regulation, or Deriv internal policy.
3. Incentive Period
3.1. The Incentive Program runs for the period specified in your invitation (“Incentive Period”).
3.2. Deriv may extend, shorten, or modify the Incentive Period at Deriv's discretion (acting reasonably) including due to legal, regulatory, compliance, fraud-prevention, operational, or internal policy reasons.
3.3. If we extend or materially change the Incentive Period, we will provide notice.
3.4. Deriv shall not be liable to you whatsoever for any modification of this Incentive Period done under these terms.
4. Incentive Structure
4.1. Any incentives, rewards, rebates, commissions, bonuses, merchandise and/or other benefit arrangements (together, “Incentives”), including any eligibility criteria, key performance indicators, targets, calculation methodologies, tiers, caps, and any other applicable terms (together, “Incentive Structure”), shall be as communicated to you by Deriv prior to and/or during the Program Period. The applicable Incentives and Incentive Structure will be determined by Deriv from time to time in its sole discretion.
4.2. Most Incentive Structures will be based on First Time Traders (“FTTs”). Only FTTs who satisfy all qualification criteria in these Incentive Terms during the Incentive Period will count toward achievement levels.
4.3. For the purposes of this Incentive Program, an FTT means a new client who:
4.3.1. Registers through your unique referral link;
4.3.2. Completes Deriv’s standard onboarding checks and verification (including KYC), where applicable;
4.3.3. Makes a qualifying successful deposit meeting the minimum amount and requirements specified in the invitation and/or Partner Portal; and
4.3.4 Places at least one qualifying trade on a Deriv platform (i.e., a real-money trade that is not cancelled, reversed, voided, or otherwise determined by Deriv to be invalid).
4.4. Deriv may exclude from the FTT count any referred client or activity that Deriv reasonably determines to be invalid, including (without limitation) where there are: duplicated accounts, nominee/third-party accounts, self-referrals, referrals from the same household, abuse of Incentives, suspicious trading activity, fraud, or breaches of the Deriv Business Partner Terms, these Incentive Terms, or any Deriv policy.
5. Incentives
5.1. Physical Incentives (merchandise and tech items) are subject to availability and will be fulfilled on a first-come, first-served basis, determined by the time Deriv confirms that you achieved the applicable level following validation and audit.
5.2. Deriv reserves the right to substitute any item with an alternative of similar type and value, or provide a cash equivalent, if stock is exhausted or fulfilment is impracticable.
5.3. You are responsible for providing accurate and complete shipping information by the deadline (if any) communicated by Deriv. Deriv is not liable for delays, non-delivery, or loss caused by incorrect address details, incomplete recipient information, courier issues, or local restrictions in your jurisdiction.
5.4. You are responsible for any customs duties, import taxes, clearance fees, or similar charges that may apply in your jurisdiction.
5.5. Deriv shall bear reasonable shipping costs. If shipping costs are excessive (as determined by Deriv acting reasonably), Deriv may require you to contribute to such costs prior to dispatch.
5.6. Delivery timelines are estimates only. Deriv is not responsible for delays caused by events outside its reasonable control (including customs delays and courier disruptions).
5.7. Deriv does not guarantee delivery and shall not be liable for any failure of delivery of rewards including where there are severe logistical constraints.
6. Cash Incentives
6.1. Cash Incentives will be credited to your Deriv Client Cashier Account within a reasonable period after the end of the Incentive Period, subject to a final audit and validation against the Incentive Structure, FTT criteria and counts, and compliance with these Incentive Terms.
6.2. Deriv may withhold, delay, reverse, or recover cash Incentives where Deriv reasonably suspects or identifies invalid activity, fraud, abuse, chargebacks/payment reversals, breaches of these Incentive Terms and/or the Deriv Business Partner Terms.
6.3. You are solely responsible for all taxes, duties, and reporting obligations (if any) arising from receipt of any Incentives.
7. General Conditions
7.1. You must at all times comply with the Code of Conduct (as set out in the Deriv Business Partner Terms) and the Deriv Business Partner Terms.
7.2. You must ensure that all referral and trading activity is genuine and results from the client’s independent intent. To maintain the integrity of the Program, you are strictly prohibited from:
7.2.1. Attempting to influence, control, or encourage referrals to deposit funds or execute trades for the primary purpose of increasing your performance metrics or Incentive eligibility;
7.2.2. Engaging in unfair, misleading, or deceptive sales and marketing practices, including the use of "churning" tactics or high-pressure sales;
7.2.3. Exerting undue influence on clients or taking advantage of a client's lack of experience, information, or personal vulnerabilities;
7.2.4. Participating in any form of market manipulation, scams, or other unlawful activities.
7.2.5. Engaging in any other conduct that is illegal, unethical, or otherwise detrimental to the reputation of Deriv, or any activity that circumvents the intended operation of the Program.
7.3. In the event of uncertainty or dispute as to FTT counts or eligibility, Deriv shall have the discretion, acting reasonably, to determine whether an FTT qualifies for the purposes of this Incentive.
7.4. Any personal data provided (e.g., shipping address) will be processed in accordance with Deriv's Privacy Policy.
7.5. Deriv may disqualify you from the Incentive Program and/or withhold or cancel Incentives if you:
7.5.1. Breach these Incentive Terms and/or the Deriv Business Partner Terms;
7.5.2. Attempt to manipulate FTT counts (including duplicate accounts, nominee/third-party accounts, self-referrals, referrals from the same household, or referrals of immediate family members) or other Incentive Criteria;
7.5.3. Engage in misleading, unlawful, unfair, or non-compliant Incentive practices;
7.5.4. Engage in fraud, abuse, suspicious activity, or conduct that Deriv reasonably believes undermines the integrity of the Incentive Program; or
7.5.5 Are subject to any sanction, restriction, or regulatory limitation that makes provision of the Incentives impermissible or impracticable.
7.6. We may amend, vary, or supplement these Incentive Terms at any time. Where a change is material, we will provide you with reasonable prior notice. If you do not agree to a material change, your sole and exclusive remedy is to withdraw from and cease participation in the Incentive Program by providing notice to us before the change takes effect. Continued participation in the Incentive Program after the effective date of a material change constitutes acceptance of the amended terms.
7.7. We reserve the right to modify, suspend, cancel or terminate this Incentive Program at any time where reasonably necessary due to legal, regulatory, compliance, fraud-prevention, operational, or internal policy reasons or for reasons outside of our control.
7.8. We will not be liable to you whatsoever for any modification, suspension, cancellation, or termination done under these Incentive Terms.
7.9. Any failure by Deriv to enforce any provision of these Incentive Terms shall not constitute a waiver of that provision.
7.10. If any provision of these Incentive Terms is found to be invalid or unenforceable, the remaining provisions will remain in full force and effect.
7.11. These Incentive Terms and any disputes arising from,in connection with, or relating to the interpretation of these Incentive Terms shall be governed by the exclusive jurisdiction of Saint Vincent and the Grenadines.