Terms and Conditions
Introduction
These General Terms and Conditions govern rights and obligations in connection with the use of services provided by Funded Trader Limited. Please read carefully as they govern your (“you”, “your”, or the “Customer”) rights and obligations in connection with the use of the services provided by Funded Trader Limited. By engaging in the Challenge, participants (“Participants”) agree to be bound by the terms set forth herein. Your use of the Site constitutes your acceptance of and agreement to all such Terms.
Evaluation Account Terms
The Evaluation accounts monitored by Funded Trader Limited shall strictly function as demo accounts, simulating trading activities and subject to a 1:30 FOREX leverage. Any variance in leverage, provision, or level is subject to the exclusive determination and judgment of Funded Trader Limited, guided by its sole discretion to provide what is considered reasonable to users.
Fees
The fees associated with the Challenges shall vary contingent upon the chosen option and correspond with the initial capital amount. Detailed information concerning individual options and associated fees is accessible on the official Funded Trader Limited website. The conclusive fee determination is contingent upon the option chosen during the completion of the form for the procurement of the Challenge. Funded Trader Limited expressly reserves the right to furnish services under individually agreed conditions, unilaterally determined at its sole discretion. All individually agreed conditions are subject to the Provider’s exclusive discretion. All payments are irrevocable and solely intended for evaluation purposes.
Registration fees are remitted to facilitate access to the Evaluation and services. The trader forfeits entitlement to a refund of registration fees upon the commencement of the service (i.e., the acquisition of the account), and/or unsuccessful completion of the Challenge. Where-as a participant successfully passes a Flexi or VIP Challenge, they will be entitled to a full refund. The trader explicitly waives the right to initiate a dispute with the Customer’s bank or payment service provider concerning the remitted fee, as the completion of the purchase signifies unequivocal acceptance of the Terms and Conditions. The fees encompass trading and business costs, concurrently establishing accountability for traders.
The specified fees for the Challenge options are denominated in Great British Pounds. In the instance of payment in a currency other than GBP, the fee for the chosen option shall be converted utilizing the most recent exchange rate.
Payment of the fee for the selected option of the Challenge may be executed through a payment card, bank transfer, or alternative means of payment offered by Funded Trader Limited on the website.
The fees are categorically non-refundable once the trader has initiated their trading activity on the account, encompassing both full and partial refunds.
Limitation of Liability
To the maximum extent permitted by applicable law, Funded Trader Limited, hereinafter referred to as “the Company,” and its suppliers shall not be liable for any direct, indirect, punitive, incidental, special, or consequential damages, or any damages whatsoever, including, without limitation, damages for loss of use, data, or profits, arising out of or in any way connected with the use or performance of the site operated by Funded Trader Limited (“the Site”).
This limitation of liability encompasses damages arising from the delay or inability to use the Site or related services, the provision of or failure to provide services, or for any information, software, products, services, and related graphics obtained through the Site. It also applies to any issues arising out of the use of the Site, whether based on contract, tort, negligence, strict liability, or otherwise. Even if the Company or any of its suppliers has been advised of the possibility of damages, the Company disclaims liability for any such damages. If you, as a user, are dissatisfied with any portion of the Site or with any of these Terms of Use, your sole and exclusive remedy is to discontinue using this Site.
This limitation of liability clause is governed by and construed in accordance with the laws of England & Wales, and any disputes arising from or in connection with this clause shall be subject to the exclusive jurisdiction of the courts in England & Wales.
This limitation of liability clause is effective as of 13th November 2023, and any use of the Site after this date signifies acceptance of the terms outlined herein.
Consumer Rights & Local Law
The Site is controlled, operated, and administered by Funded Trader Limited, a company based in the United Kingdom. In accessing the Site from a location outside the United Kingdom, you, as the user, acknowledge your responsibility for compliance with all applicable laws, regulations, and requirements. Users agree not to utilize the content provided by Funded Trader Limited through the Site in any country or manner prohibited by the laws, regulations, or requirements applicable to that jurisdiction. The products referenced on the Site may only be available in the territory to which the Site is directed and may not be accessible in your country. Funded Trader Limited makes no representation that the information and materials on the Site, including promotional content for identified products, are suitable or available for use in locations other than the intended jurisdiction for which the Site is directed. Funded Trader Limited does not assert or warrant that a Site or any part thereof is appropriate or available for use in any jurisdiction other than the United Kingdom. Users accessing a Site do so at their own initiative and risk, assuming responsibility for compliance with all local statutes, orders, regulations, rules, and other laws applicable to their jurisdiction. Users are subject to United Kingdom and international laws and are accountable for any violations, including but not limited to, embargoes or other rules and regulations. As a consumer, you may benefit from mandatory provisions of the law of the country in which you reside. This Agreement does not affect your rights as a consumer to rely on such mandatory provisions of local law. Local law in your jurisdiction may entitle you to have a dispute related to this Agreement heard by your local courts. This Agreement does not limit any such rights that you may have.
By entering into this Agreement, Funded Trader Limited does not consent to the jurisdiction of any courts other than those explicitly referenced in this Agreement. Funded Trader Limited reserves the right to contest that it is not subject to the jurisdiction of any other court.
Compliance
The Trader acknowledges and agrees to comply with the guidelines and rules as explicitly outlined in the compliance manual provided by Funded Trader Limited.
In the event that Funded Trader Limited, herein referred to as “the Company,” opts to withdraw the Trader from the program, the joining fee paid by the Trader shall not be subject to refund. The Trader acknowledges and agrees that all trading activities conducted by the Trader shall be made available to Funded Trader Limited upon request. Failure to comply with the disclosure policy outlined above shall be considered as gross misconduct by the Trader.
This agreement becomes effective upon the Trader’s acceptance of the terms herein. The Trader acknowledges that acceptance is demonstrated by continued participation in the Challenge following receipt of this agreement.
