This Trader Agreement ("Agreement") governs rights and obligations regarding the use of services provided by PropXP Ltd (the “Company” or “PropXP”), a limited liability company incorporated under Companies Act, Cap. 13.01 of the Revised Laws of Saint Lucia, with registration number 2025-00696, and its registered office at Ground Floor, Rodney Court Building, Rodney Bay, Gros Islet, Saint Lucia, offered through www.propxp.com (the “Website”). You are urged to carefully and thoroughly read this Agreement prior registering with the Company. You are under no legal obligation to use the services of the Company if you do not agree or understand or comprehend any part of this Agreement, nor should you use the Services offered unless you understand and agree to these terms.
This Agreement is entered into by you (“you”, “your”, or the “Customer”) and the Company. The Company and the Customer hereinafter each referred to individual as a “Party” and collectively as the “Parties”
The Agreement is provided and executed electronically as part of the registration process established by the Company for the Services offered through the Website. By clicking to accept within the website’s user interface, you acknowledge and agree that this Agreement is fully executed.
During the registration process, you must accurately and truthfully complete all requested information and submit the required Know Your Customer (“KYC”) documents to verify your identity. The information and KYC documents provided must match those submitted during your initial onboarding for the PropXP Challenge.
By submitting your information, you confirm that, to the best of your knowledge, all details provided are true and accurate at the time of submission.
1 The company offers service
1.1“Business Day” shall mean a day (excluding Saturdays, Sundays, and public holidays) on which banks in Saint Lucia are open for business.
“Contract” shall mean a legally binding agreement between the parties, including but not limited to agreements between the entity and its customers, suppliers, or partners, governed by applicable laws in Saint Lucia.
1.2 “Force Majeure ” shall mean any event beyond a party’s reasonable control that prevents the fulfillment of contractual obligations, including but not limited to natural disasters, government actions, war, strikes, or failure of telecommunications systems.
1.3 “Obligations” shall mean the duties and responsibilities that a party is required to fulfill under a contract.
1.4 “Person” shall mean any natural person, corporate entity, partnership, trust, or other legal entity.
1.5“Privacy Policy” shall mean the set of rules and guidelines that govern the collection, use, and protection of personal data in accordance with the applicable laws of Saint Lucia.
1.6 “Terms and Conditions” shall mean the rules and regulations governing the use of the entity’s services, including the rights and obligations of users and the entity.
1.7“Trading” shall mean the act of buying, selling, or exchanging financial instruments, including but not limited to contracts for difference (CFDs), foreign exchange, or securities. For clarity, PropXP provides simulated/evaluation environments and may, at its discretion, route funded-account trades as described herein. PropXP does not accept, hold, or transmit client funds.
1.8“Website” shall mean the online platform operated by the entity, accessible at https://www.propxp.com/, providing information, services, and tools for users.
2.1 This Agreement sets forth the terms and conditions under which the Company provides the Trader with access to trading accounts and capital for proprietary trading purposes. The Company agrees to allocate specific capital to the Trader for the sole purpose of executing trades within the parameters defined by the Company. The Trader shall act as an independent contractor and is granted permission to utilize the trading capital for the execution of trades, subject to the rules and regulations established by the Company. The Company reserves the right to withdraw, modify, or terminate access to the trading accounts and capital at any time, at its sole discretion, with or without notice to the Trader.
2.2 The Trader acknowledges that all trading activities are executed using the Company’s capital and remain the sole property of the Company. The capital allocated for trading by the Company, including any gains or losses resulting from trading activities, is considered the exclusive property of the Company and shall not be claimed by the Trader in any capacity. The Trader understands and agrees that the Company holds full ownership of the funds, as well as the trading platforms, technologies, systems, and any intellectual property (IP) associated with the trading process, whether developed by the Company or provided to the Trader. The Trader acknowledges that they do not acquire any rights, including, but not limited to, ownership, intellectual property rights, or proprietary interests, over the Company’s funds, trading strategies, software, platforms, or any other assets used for trading. The Trader is strictly prohibited from using the Company’s proprietary tools or intellectual property for personal gain, outside of the scope of this Agreement, or in any manner not explicitly authorized by the Company. In the event of any breach of this clause, the Company reserves the right to terminate this Agreement immediately, and the Trader may be held liable for any damages or losses incurred as a result.
2.3 The Trader represents and warrants that they are at least eighteen (18) years of age or the age of legal majority in their country of residence, whichever is higher. By entering into this Agreement, the Trader confirms that they have the legal capacity to be bound by its terms.
2.4 The Trader acknowledges that all trading activities are conducted using the Company’s capital, and the Trader is not personally liable for trading losses beyond the pre-agreed risk management limits. However, if the Trader violates risk management policies, engages in unauthorized trading, or breaches the terms of this Agreement, the Company reserves the right to terminate the Trader’s access and withhold any pending profit distributions as a penalty. The Trader shall not be held responsible for losses exceeding the capital allocated by the Company unless such losses result from fraudulent activities or gross misconduct by the Trader.
Nothing in this Agreement shall be deemed to create any partnership, joint venture, agency, fiduciary, employment, or similar relationship between the Trader and the Company. The Trader acts solely as an independent participant and has no authority to bind, represent, or act on behalf of the Company in any manner. The Trader shall not be entitled to any employee benefits, compensation, or protections, including but not limited to salary, insurance, pension, or severance
4.1 The subject matter of this Agreement is the Company’s obligations to provide the Customer with a set Services, such as access to demo and/or trading accounts, training and materials, instrument analysis or any other set service as demonstrated in this Agreement. The Customer shall be eligible for a financial reward (the “Reward”) in accordance with the set terms of this Agreement.
4.2 The Customer hereby acknowledges that when using the Services provided by the Company must adhere and fully respect the terms of this Agreement, any applicable regulation and/or laws and any related third-party set of terms and conditions.
4.3 The Company shall not provide Services to Customer that:
Any of the above Customers are strictly prohibited to use the Services, which includes also the use of the Client Section/Trading Platform.
5.1 The Trader shall use the Company’s trading account solely for executing trades and shall comply with all applicable laws and regulations. The Trader agrees to utilize the Company’s trading account exclusively for the purpose of conducting trades in accordance with the trading guidelines and parameters set by the Company.
5.2
5.3 The Trader is responsible for maintaining confidentiality regarding all proprietary strategies, company policies, and trading methodologies. The Trader agrees to keep all confidential information provided by the Company in strict confidence, including any proprietary trading strategies, risk management protocols, company policies, and any other intellectual property belonging to the Company. The Trader is prohibited from disclosing, sharing, or using such confidential information for personal gain or for the benefit of any third parties. This obligation of confidentiality will remain in effect both during and after the termination of this Agreement.
5.4 The Trader shall not share login credentials or access to the Company’s trading platforms with any third party. The Trader is solely responsible for safeguarding their login credentials and access to the Company’s trading platforms. Sharing access or login details with third parties, including unauthorized individuals or entities, is strictly prohibited. The Trader understands that they are fully responsible for any actions or transactions conducted under their account, whether or not initiated by them personally, and any unauthorized use could result in severe consequences, including termination of this Agreement and legal action.
5.5 The Trader agrees to notify the Company immediately if they become aware of any security breaches or unauthorized use of their trading account. In the event of any suspicious activity, such as hacking attempts, phishing attacks, or any other form of unauthorized access to the Trader's account, the Trader is required to promptly notify the Company. Failure to report such incidents could lead to loss of funds or other damages, and the Trader may be held liable if they do not take prompt action in protecting their account.
5.6 The Trader acknowledges that this Agreement is accepted electronically during the registration process on the Company’s website. By clicking the acceptance checkbox, the Trader confirms their agreement to the terms outlined herein. By completing the registration process and electronically signing this Agreement via the acceptance checkbox, the Trader acknowledges and agrees to be bound by the terms and conditions stated in this Agreement. The Trader also confirms that they have read, understood, and accepted all provisions within the Agreement. Electronic acceptance shall have the same legal effect as a physical signature, and the Trader affirms that the click of the acceptance checkbox constitutes valid consent.
5.7 The Trader must provide accurate and truthful information during registration, including a valid identification document for verification. Any inconsistencies or falsifications may result in the rejection or termination of this Agreement by the Company. The Trader is required to provide complete, truthful, and accurate information during the registration process, including their full name, address, date of birth, and any other details required for identity verification. The Company reserves the right to verify the provided information and may request additional documents, such as a valid government-issued ID, to ensure compliance with regulatory and security standards. Should the Trader provide false or misleading information, or fail to cooperate with verification requests, the Company may refuse to accept the Trader’s application, suspend or terminate their access to trading accounts, and withhold any capital or profits. The Trader agrees to notify the Company immediately if any personal information changes during the course of this Agreement.
5.8 PROHIBITED TRADING PRACTICES
The Trader acknowledges and agrees that the following trading behaviors are strictly prohibited. Any breach of these provisions may result in immediate termination of this Agreement, forfeiture of profits, account closure, or legal action where appropriate:
A. Scalping
The Trader is prohibited from engaging in scalping strategies that involve rapid, high-frequency trades executed within seconds or minutes, with the sole intention of profiting from small price movements. Such practices are considered abusive and undermine the integrity of the trading environment.
B Arbitrage Trading and Latency Exploitation
Arbitrage strategies that attempt to exploit price discrepancies across markets, platforms, or liquidity providers in an unfair or unlawful manner are strictly prohibited. This includes latency- based arbitrage, stale price arbitrage, delayed feed exploitation, or any practice that seeks to generate risk-free profits from technical or pricing inefficiencies.
C Manipulation
The Trader shall not engage in practices intended to manipulate market conditions (for live accounts) or evaluation outcomes (for demo accounts) is strictly prohibited.
D Insider Trading
The Trader shall not trade based on material, non-public, or confidential information related to any financial instruments or markets. Use or disclosure of such information, whether direct or indirect, for personal gain is strictly forbidden.
E Unlawful Practices / System Exploitation
The Trader shall not attempt to exploit errors, delays, or technical malfunctions on the Company’s trading platform. Activities such as abusing system glitches, executing trades on delayed data feeds, or any other form of technical manipulation are strictly prohibited. The Company reserves the right to void such trades and take appropriate action.
F False Reporting and Misrepresentation
The Trader shall not falsify or misrepresent any trading activity, account balances, performance data, or other material information provided to the Company. Any such conduct will result in immediate termination of this Agreement and may trigger legal consequences.
G Reckless or Abusive Trading
Trading behavior that disregards established risk parameters or constitutes reckless, gambling-style activity (for example, oversized positions without regard to daily or maximum drawdown limits) may be considered abusive and a breach of this Agreement.
6.1 The Trader agrees to adhere to the Company's risk management rules, which may include:
6.2 The Company reserves the right to impose trading suspensions or terminate the Trader’s access to the trading account in the event of violations of risk management policies. If the Trader violates any of the established risk management policies, including exceeding loss limits, violating position size restrictions, or engaging in trading outside of permissible hours, the Company may suspend or permanently terminate the Trader’s access to the trading account. The Company may also take other corrective actions, such as closing open positions or adjusting the Trader’s margin requirements, in response to any breach of risk management guidelines. Repeated violations or failure to comply with the Company’s risk protocols may lead immediate and irreversible termination of this Agreement. a
6.3 The Company may monitor all trades and may cancel or reverse transactions that violate the risk parameters or operational guidelines. The Company reserves the right to continuously monitor the Trader’s trading activities, including reviewing each individual trade for compliance with the risk management rules outlined in this Agreement. If any trades are identified that violate the Company’s established parameters, the Company may take appropriate action, which may include cancelling or reversing such transactions, adjusting trade execution, or imposing financial penalties. The Trader acknowledges that any trades deemed to violate risk management rules may be subject to reversal or annulment without prior notice, and the Company will not be held liable for any resulting losses or damages.
6.4 The Company reserves the right to terminate access to its platform if the Trader engages in high-risk trading behaviors or fails to comply with any limitations outlined in this Agreement. In addition to the specific rules set out in the risk management guidelines, the Company may monitor for general trading behaviors that are considered high-risk, such as excessive leverage, frequent margin calls, or erratic trading patterns. If the Company determines that the Trader is engaging in behavior that poses an unacceptable level of risk to the Company’s capital or violates the spirit of the risk management policies, the Company may suspend or permanently terminate the Trader’s access to its platform. The Company may also take immediate action, such as closing open positions or restricting trading privileges, to mitigate potential risks. The Trader understands that the Company’s decision regarding the termination of access or suspension of trading is final and is at the sole discretion of the Company.
7.1 The Trader shall be entitled to receive a percentage of the profits or performance-based rewards, as specified in the mutually agreed-upon profit-sharing structure outlined in this Agreement. The net trading profits will be calculated after the deduction of any applicable fees, commissions, charges, or costs associated with the execution of trades, including but not limited to transaction fees or platform usage fees. The Company reserves the right to revise or modify the fee structure at its sole discretion, provided that any such changes are communicated to the Trader in writing with reasonable notice. All profit allocations to the Trader shall be calculated based on the agreed-upon schedule, and the Company shall provide regular statements reflecting the profit-sharing details.
7.2 Any withdrawal of profits by the Trader shall be processed within 7 (seven) business days of the request, subject to necessary verification and approval procedures by the Company. The Company reserves the right to withhold or delay the processing of profit withdrawals in the event of any issues requiring investigation, such as discrepancies in account balances, non- compliance with risk management policies, or suspected fraudulent activity. The Trader acknowledges that the Company may implement additional requirements for withdrawals, including identity verification or compliance checks, in accordance with applicable laws and regulatory guidelines. The Trader agrees to provide all necessary documentation as requested by the Company to facilitate timely processing of profit withdrawals.
7.3 The Trader acknowledges and agrees that they are solely responsible for any and all tax obligations arising from the profits, payments, or payouts received under this Agreement. The Company will not withhold or deduct any taxes on behalf of the Trader. The Trader agrees to comply with all applicable tax laws and regulations in their jurisdiction and shall indemnify and hold the Company harmless from any claims, liabilities, or penalties arising from the Trader’s failure to meet such tax obligations. The Company may, at its discretion, provide the Trader with certain tax-related documentation (such as income statements or reports) as required by law or upon request.
7.4 In the event that the Trader incurs losses exceeding the pre-agreed-upon risk management thresholds or beyond the limits defined by the Company’s risk guidelines, the Company reserves the right to reassess the Trader’s eligibility to continue trading under the current terms.
7.5 In demo environments, exceeding risk parameters may result in immediate account termination. In live environments, losses beyond agreed thresholds may trigger corrective actions, including but not limited to suspending the Trader’s trading access, modifying risk parameters, or requiring additional safeguards before allowing the Trader to resume trading. The Trader acknowledges that maintaining compliance with the Company’s risk management policies is a critical part of the trading relationship, and continued non-compliance or excessive losses may result in the termination or modification of this Agreement. The Company shall provide the Trader with notice of any actions taken and may recommend specific corrective actions or risk adjustments.
7.6 No refunds of any fees, charges, or other amounts paid by the Trader in connection with evaluation programmes, challenges, or access to the Company’s services shall be due or payable under this Agreement. This Agreement governs only the payment of performance-based rewards or profit shares, where applicable.
7.7 Any profit share, reward, or payout referenced in this Agreement is conditional, discretionary, and subject to full compliance with this Agreement, internal reviews, and final approval by the Company. No reward shall be deemed earned, accrued, or payable until formally approved and released by the Company.
By electronically accepting this Agreement through the Website, the Trader affirms that they understand and agree to all the terms and conditions contained herein. The Trader acknowledges that their acceptance via the website’s user interface is a legally binding signature, and the electronic signature holds the same validity as a physical signature under the applicable laws governing electronic contracts, including but not limited to the Electronic Transactions Act, 2011 (Act No. 16 of 2011) of Saint Lucia .
9.1 The Company shall not be liable for any direct, indirect, incidental, special, or consequential losses, damages, or expenses incurred by the Trader, including but not limited to losses resulting from market fluctuations, system failures, network or technical disruptions, errors, or malfunctions, or any other force majeure events. The Trader acknowledges and agrees that trading in financial markets involves inherent risks and that the Company is not responsible for any financial losses resulting from such risks. Force majeure events include, but are not limited to, acts of God, war, terrorism, strikes, natural disasters, government actions, changes in laws or regulations, or any other event beyond the reasonable control of the Company.
9.2 The Trader agrees to indemnify, defend, and hold harmless the Company, its affiliates, directors, officers, employees, agents, and representatives from any and all claims, losses, damages, liabilities, expenses, or costs (including legal fees and expenses) arising directly or indirectly from the Trader's breach of this Agreement, non-compliance with applicable laws or regulatory requirements, negligent or wrongful acts, omissions, or failure to comply with the Company’s policies and procedures. This indemnity obligation shall survive the termination of this Agreement and shall remain in effect even after the Trader ceases to engage in any trading activities with the Company.
9.3 The Trader acknowledges and agrees that past trading performance is not indicative of future results, and there is no guarantee of success in trading. The Trader understands and accepts that trading in financial markets involves significant risks, including the possibility of losing the entire invested capital. The Trader assumes full responsibility for all trading decisions, actions, and outcomes. The Company makes no representations or warranties, express or implied, regarding the profitability or performance of any trading strategies or methods, and the Trader acknowledges that any such representations or warranties are expressly disclaimed.
9.4 The Trader expressly waives any claims for anticipated profits, lost opportunity, expected earnings, goodwill, or future income, whether arising from account termination, suspension, modification of trading conditions, or discretionary decisions by the Company.
9.5 The Company reserves the absolute right, at its sole discretion, to suspend or terminate the Trader’s access to its trading platform, accounts, or any associated services, without prior notice or liability, if the Company reasonably believes that the Trader has engaged in unethical, unlawful, or non-compliant trading activities. This includes, but is not limited to, engaging in fraudulent activities, market manipulation, insider trading, or any behavior that violates the Company’s policies, regulatory requirements, or ethical standards. In such cases, the Company may also seize or forfeit any profits, accounts, or assets associated with the Trader’s activities, and the Trader agrees to hold the Company harmless from any and all claims resulting from such actions. The Company shall have no obligation to provide the Trader with any compensation, reimbursement, or justification for such termination.
9.6 The Company reserves the right to monitor the Trader’s trading activities and access to its platform. In cases where the Company identifies that the Trader’s activities could be detrimental to the Company’s business, including manipulation, abuse of trading systems, or exploitation of market inefficiencies, the Company has the authority to block or suspend the Trader’s access to the platform at its discretion.
10.1
If termination occurs due to such violations, the Company may close the Trader’s account, forfeit pending profits, and pursue legal action if necessary. In cases where the Trader wishes to terminate the Agreement voluntarily, they must provide written notice and ensure that all outstanding obligations, including financial liabilities or unresolved compliance matters, are settled prior to the termination date.
10.2 Termination by the Trader:
10.3 Post-Termination Obligations:
10.4 Forfeiture of Profits and Account Closure:
11.1 Both Parties agree to maintain strict confidentiality regarding all information related to the business, including but not limited to trading strategies, methodologies, proprietary data, financial information, operational practices, client details, and any other sensitive or proprietary information that may be disclosed during the term of this Agreement. Both Parties shall take all reasonable steps to protect and prevent the unauthorized disclosure of such information to any third party, except when required by law or regulatory authority. Any disclosure, whether intentional or unintentional, shall be considered a material breach of this Agreement.
11.2 The confidentiality obligations outlined in this section shall remain in full effect even after the termination, expiration, or completion of this Agreement. The Parties agree that these obligations shall continue indefinitely, or until such information becomes public through no fault of either Party, or is otherwise lawfully made available to the public, whichever comes first.
11.3 The Trader agrees not to use any proprietary information, trading strategies, or methodologies belonging to the Company for personal gain, or for the benefit of any third party, either during or after the term of this Agreement. This includes, but is not limited to, using the Company's confidential information to gain an unfair competitive advantage in the financial markets, or sharing such information with competitors, business associates, or any individual or entity outside of the Company. The Trader further agrees that they shall not engage in any activities that would exploit the Company’s confidential information, including but not limited to trading, investing, or disclosing sensitive data, for personal or financial gain.
12.1 This Agreement shall be governed by, and construed in accordance with, the laws of Saint Lucia, without regard to its conflict of laws principles. Both Parties hereby submit to the exclusive jurisdiction of the courts in Saint Lucia, for purposes of enforcing this Agreement or resolving any disputes that may arise, except as otherwise expressly agreed by both Parties in this Agreement.
12.2 In the event of any dispute, controversy, or claim arising out of or relating to this Agreement, its performance, interpretation, breach, termination, or validity, the Parties agree that such dispute shall be resolved exclusively through binding arbitration. The arbitration shall take place in Saint Lucia, and shall be conducted in accordance with the rules of the binding arbitration in Saint Lucia, or any successor organization, as in effect at the time of the arbitration. The arbitration proceedings shall be conducted in English, and the decision of the arbitrator(s) shall be final and binding on both Parties. The costs of arbitration, including administrative fees and the fees of the arbitrator(s), shall be borne equally by both Parties unless otherwise determined by the arbitrator(s).
12.3 Before initiating formal arbitration, both Parties agree to make reasonable efforts to resolve any dispute amicably and in good faith. Such efforts may include but are not limited to informal negotiations, facilitated discussions, or the use of alternative dispute resolution (ADR) methods, such as mediation, which may be mutually agreed upon. Both Parties acknowledge that this preliminary attempt to resolve the dispute amicably is an essential part of the dispute resolution process, and agree to engage in such discussions with the goal of reaching a mutually acceptable solution. If the dispute is not resolved within a reasonable time (to be mutually agreed upon), either Party may then proceed to initiate formal arbitration as outlined in Section 11.2.
13.1 This Agreement constitutes the entire understanding and agreement between the Parties with respect to the subject matter hereof and supersedes all prior discussions, negotiations, representations, agreements, or understandings, whether oral or written, relating to the subject matter of this Agreement. No other agreements, promises, or understandings, whether express or implied, shall be deemed valid or binding unless they are expressly incorporated into thisAgreement. The21 Parties acknowledge that they have not relied on any statements, representations, or promises made outside the scope of this Agreement in entering into this arrangement.
13.2 The provisions relating to confidentiality, indemnity, limitation of liability, intellectual property, governing law, dispute resolution, and any obligations intended by their nature to survive termination shall remain in full force and effect following termination or expiration of this Agreement.
13.3 Any modifications, amendments, or changes to this Agreement shall be valid and binding only if made in writing and signed by authorized representatives of both Parties. The Parties agree that no oral or implied modifications to this Agreement shall be effective unless specifically agreed upon in writing. In the event that any modification or amendment to this Agreement is made, the terms and conditions of the modified Agreement shall govern, and all prior terms, unless explicitly stated otherwise, shall remain in full force and effect.
13.4 If any provision of this Agreement is determined to be invalid, illegal, or unenforceable by a court of competent jurisdiction or an arbitrator, such provision shall be deemed severed from this Agreement, and the remaining provisions of the Agreement shall continue in full force and effect. The Parties agree to replace any invalid or unenforceable provision with a valid provision that most closely reflects the original intent of the Parties, to the extent possible. The invalidity or unenforceability of any provision shall not affect the enforceability of the remaining provisions, and this Agreement shall be construed and enforced as if the invalid provision had never been included.
By engaging in our Services, using our site and/or register you agree to be bound by these Terms (and to any modification of these Terms as notified to you from time to time). A current and definitive copy of these Terms (as amended from time time) will be available to you on our website at all times and policies linked herein and/or accessible through a hyperlink. These Terms of Service apply to all users of the site, including but not limited to browsers, vendors, consumers, merchants, and/or content creators.
By using www.propxp.com (the “Website”) or any of our services (“Services”), you agree to follow and be bound by these Terms of Services (the “Terms of Services”) and agree to comply with all applicable laws and regulations.
The Company is not a financial services provider and does not carry out any regulated activities. For the avoidance of doubt, the Company does not:
1.1 The company offers services that include simulated demo accounts for foreign exchange and other financial instruments, evaluation/challenge programmes, training and educational materials, and, where applicable, access to funded accounts which may operate in a simulated environment or be routed into a live execution environment at the Company’s discretion, in each case in accordance with the Trader Agreement and applicable rules.
1.2 The Platform and Services are intended solely for individuals who are at least eighteen (18) years of age or the legal age of majority in their jurisdiction of residence, whichever is higher, and any registration by, use of or access to the Platform by anyone who does not meet these criteria is unauthorized, unlicensed and in violation of these Terms of Service. By using the Services or the Platform, you represent and warrant that you can form a legally binding contract under applicable law and are of legal age of majority where you reside, and that you agree to abide by all of the terms and conditions of these Terms of Service. Any attempt to access or use the Services by an ineligible individual is strictly prohibited.
1.3 Any and all use of our services is subject to this Agreement, which may be updated by us from time to time without prior notice to users of our website and/or service. Any change of terms shall be binding and effective upon posting of the revised Agreement on our website. It is the Customer's responsibility to check this page periodically for changes.
1.4 The Customer's continuous use of or accessing of our website after the publishing of any changes signifies acceptance of those changes. In addition to this Agreement, specific services or information contained within this website may be subject to additional posted terms or guidelines applicable to such services. All such terms or guidelines are hereby incorporated by reference into this Agreement.
1.5 The Company reserves the right to refuse service to anyone at any time for any reason.
1.6 The Company reserves the right to change the fees and parameters of the Services at any time, and discretion. The changes shall not affect the Services purchased before the change is notified.
1.7 The Company reserves the right to monitor trading activities for signs of abusive or prohibited practices, such as scalping, market manipulation, and other high-frequency or unethical trading methods. Any account engaging in such practices may face immediate suspension or termination.
1.8 The Customer may not for any intent or purposes, reproduce, duplicate, copy, sell, resell, or exploit any part of the Service/Product, use of the Service, or access to the Service or any contact on the website through which the Service is provided Without the Company's prior express written consent. Unauthorized use may result in immediate termination of Services and potential legal action.
1.9 The Company retains sole and absolute discretion to interpret, administer, amend, suspend, or terminate any aspect of the Services, including but not limited to Challenge evaluation, trading rules, account reviews, payouts, and eligibility criteria. All determinations made by the Company are final, binding, and non-appealable.
2.1 In signing these Terms of Service, the Customer officially confirms that they are over the age of eighteen (18) or the legal age of majority in their jurisdiction of residence, whichever is higher, and reside in jurisdictions where the Services are permitted.
2.2 In order to register an account, you may be asked to provide personal data, including, but not limited to your name, email address, residential address, phone number, date of birth or any additional information that we may deemed fit to be used for account creation, verification, or operational purposes. The data provided is subject to the Company’s Privacy Policy and will be processed in accordance with applicable data-protection laws.
2.3 All data that you provide to us upon registration, or otherwise must be complete, accurate, true, and up to date. You shall immediately notify us of any relevant changes pertaining to your data or update the data in your profile. The Customer remains responsible for all the accuracy of the provided data and the Company is not obligated to verify it. However, the Company reserves the right to request additional documentation or information at any time for compliance, fraud-prevention, or operational purposes.
2.4 The account will be personal to You, and You cannot share it with anybody else. You will be requested to create a username and password for the account that is unique to you. It is strictly forbidden to open an account on behalf of a third party or have an account purchased for you by a third party. You shall be responsible for maintaining the confidentiality of your username and password and you shall not disclose the same to any third party. Any suspicions of any breach or unauthorized access that may have or has occurred on your account, you must immediately notify The Company.
2.5 Multiple accounts are allowed but you must not use them to hedge or offset trades against each other. Any such conduct is strictly prohibited and may result in termination of all related accounts.
2.6 The Customer may not register, use, or allow the use of the Services through any third-party accounts or by utilizing automated tools, bots, or other forms of fraudulent behavior. Any suspected fraudulent activity will result in immediate account termination. The use of unauthorized automation, identity misrepresentation, or circumvention tools (including VPNs used to mask prohibited jurisdictions) is strictly prohibited. Any suspected fraudulent activity may result in immediate account termination at the Company’s discretion.
3.1 The provision of any personal data through the website is governed by The Company's Privacy Policy. By using the Services, you acknowledge that your personal data may be processed for purposes relating to registration, account administration, KYC verification, fraud prevention, and compliance with applicable laws.
3.2 As part of the KYC process, the Company reserves the right to assess the Customer’s trading behavior to ensure compliance with Company policies and applicable laws. This assessment may include reviewing trading activity within the simulated environment to detect potentially prohibited or abusive practice. The Company will act upon any suspicious or unlawful trading practices identified during this review, including suspending or terminating access to the Services where appropriate.
4.1 To safeguard its services from misuse, including potential money laundering, terrorist financing, and fraudulent activity, the Company implements appropriate onboarding and verification measures in line with generally accepted international standards. These measures include Know Your Customer (KYC), Customer Due Diligence (CDD), and, where necessary, Enhanced Due Diligence (EDD). Verification is required before any funded account is granted.
4.2 The Company shall take appropriate measures to ensure a transparent KYC process by verifying the identity of the Customer. The KYC verification process shall be initiated prior process of the funded account.
4.3 The Company reserves the right to obtain additional identity verification documents, particularly in cases where standard documentation has proven insufficient or questionable. Failure to provide requested documents may result in suspension or termination of the application.
4.4 The Company may in certain circumstances, but not limited, in conducting a detailed interview, which may or may not include a video call, to personally engage with the Customer and asses their legitimacy and/or obtain deeper insight into the customers’ trading approach to ensure it aligns with our risk tolerance and the ethical trading standards of the Company.
4.5 The Company may monitor the Customer’s trading activities, to dynamically evaluate adherence to agreed-upon practices and risk parameters.
4.6 The customer shall be asked to submit valid and authentic documentation as stated below for verification purposes for the process of the funded account. The documents may include any of the following Identification documents:
The Company reserves the right to request more than one form of identification if deemed necessary.
4.7 The customer shall also be asked to provide a valid – not older than 3 months – proof of residence. The Company accepts utility bill, bank statement, or government- issued letter showing Customer’s full name and address.
4.8 The KYC verification shall not be completed if expired documents are provided. Only the most recent and valid documents will be accepted to proceed with the verification process. All data that you provide to us through the registration or order form, the Client Area, or otherwise must be complete, true, and up to date. Providing false or misleading information may result in immediate rejection or termination of the account.
4.9 Upon successful completion of the verification process, the Customer shall be directed to the “Agreement Signing” stage. They must provide a full name and address and agree to the terms the terms outlined in the Trader Agreement. Failure to complete this step will delay access to the funded account.
4.10 The verification process may take approximately 24-48 hours; however, delays may occur depending on document quality, completeness, or additional checks required. Failure to pass the KYC verification process shall result in the rejection of the Customer Registration for the funded account.
4.11 The Company is not a financial institution and is not legally required to perform AML or KYC procedures applicable to regulated brokers or payment institutions. Any verification measures are performed voluntarily for fraud-prevention and operational integrity only and do not imply that the Company provides regulated services.
5.1 The Services can be accessed through the Website by completing the appropriate registration and/or order form. After registration, we will email you the login details for the Client Area and/or Trading Platform and allow you to access them. Access credentials are issued solely for your personal use and may be withdrawn if you breach these Terms.
5.2 The Services consist of the provision of tools for simulated trading on all other instruments on the financial markets, provision of analytical tools, training and educational materials, the access to the Client Area, and other ancillary services, in particular through the Client Area or by the provision of access to applications provided by the Company or third parties. All trading performed during the Challenge/Evaluation phase is simulated and uses fictitious capital. Funded accounts, if granted, may be provided in a simulated environment or routed into a live environment, as determined solely by the Company and governed by the Trader Agreement.
5.3 The Services include, a series of challenges (choice between a one-step (“1 Step Programme”) and a two-step (“2 Step Programme”) Challenge; the programmes may differ in the scope of the Services provided (e.g., by analytical tools available to the Customer) and leverage of each. Each product criteria and details offered are available for review on the Company’s website and form an integral part of these Terms.
5.4 The fee for the Challenges varies according to the option or customization selected and depends on the amount of the Initial Funding, the degree of the acceptable risk, the parameters of profit target, drawdowns that must be fulfilled so that the conditions of the Challenges are met. The total fee will be determined based on the options selected when completing the form for ordering the Challenges.
5.5 The Company prohibits the use of any artificial intelligence, automated tools, or strategies intended to exploit errors, manipulate trades, or provide an unfair advantage in the simulated trading environment. Violation of this clause may lead to immediate account suspension or termination.
5.6 The Challenge Fee shall be deemed refundable under the following condition: upon the initial issuance of a reward on the funded account, the Challenge Fee will be reimbursed to the Participant. The refund of the Challenge Fee is contingent upon the successful achievement of the first reward, as defined by the terms set forth in the Participant’s agreement for funded accounts. This provision applies solely to the first reward received, with no further refunds applicable to subsequent rewards
5.7 The Company reserves the right, at its own discretion, to revoke any services and refuse any future Services for any unjustifiable complaint regarding the paid fee or disputes the paid fee with the Customer’s bank or payment service Company (may it be through chargeback services, dispute services, or other similar services), on the basis of which an annulment, cancellation or refund of the fee or any part thereof is requested.
5.8 If the Customer orders a particular challenge, the rules, parameters, and conditions applicable to that Challenge will remain binding until completion. Once a Challenge type is selected, it cannot be changed.
5.9 The order of the Services/Challenges of your choice is made by submitting the order form through the Company’s website. The Company will immediately confirm the receipt of your order to your registered e-mail address. Once payment of fee is effectuated, the order shall be deemed completed. Once the contract between you and the Company is executed and if the conditions of the Challenges are met, the challenge will be triggered. The Client accepts and understands that the Company’s official language on the contract is the English language and is the only legally binding version.
Certain payments made through the Website may be processed and settled via Odeonpay ALE S.R.L. (“Paysagi”), which acts solely as Merchant of Record for payment settlement purposes. The supplier of the goods and/or services remains PropXP Ltd, and Paysagi does not provide or supply the underlying goods or services. Where applicable, payment settlement is subject to Paysagi’s Terms of Use, available at https://paysagi.com/terms-of-use/, which are presented to customers during the payment process.
5.10 You acknowledge the following:
5.10.1 Any funds provided for demo trading are fictitious and you have no right to possess those fictitious funds beyond the scope of their use within our Company's site and Services. the funds may not be used for any actual trading and that you are not entitled to the payment of those funds. Unless expressly agreed otherwise, no remuneration or profits based on the results of your simulated trading will be paid, nor will you be required to pay any losses.
5.10.2 Each decision made by yourself when using the Services or otherwise is of your own choice and will. The Company is not acting as an advisor to, or serving as a fiduciary of the Customer and the Company specifically disclaims any such duties.
5.10.3 The usage of our Services and products will require the provision of the appropriate technical equipment and software, including third-party software (e.g., software for the use of the Trading Platform), at your own risk and expense. The Website is accessible from most commonly used web browsers. The internet access, purchase of the equipment, and purchase of the web browser and its updates are at your own risk and expense. The Company does not warrant or guarantee that the Services will be compatible with any specific equipment or software.
5.10.4 The operators of trading platforms are third-party providers or entities different from the Company, with their own terms and conditions and privacy policies will apply when you use their services and products. Prior to sending an order form, you are required to read those terms and conditions and privacy policies.
5.10.5 The services provided to you by the Company are limited to simulator and evaluation services and shall not be considered investment services under any applicable laws. The Company does not provide guidance, advice, instructions, or any other ancillary information on how you should perform transactions, nor does it provide information relating to investment tools traded
5.10.6 In the event that the Customer places an unusually large number of transactions while using the Services within an unreasonably short period of time, the Company may notify the Customer through the Client Area or via email, as a protective measure to mitigate potentially harmful behavior of the Customer. However, if such behavior persists following such notice, the Company reserve the right to suspend and or close the account
5.10.7 If we suspect that the unusual behavior as per this clause relates to the Customer’s involvement in Forbidden Trading Practices, we may take respective actions as perceived and reserve the right to determine, at its own discretion, the nature of the behavior described above and reasonable boundaries for such determination.
6.1 The Company own, solely and exclusively, all rights, title and interest in and to the Site, the Service, all the content (including, but not limited to, all text, audio, photographs, images, illustrations, renderings, drawings, reports, papers, research, other services, graphics, charts, logos, widgets, gadgets, applets, other distributable applications, other visuals, video and copy), software, code, data, information and other materials thereon (collectively, the “Site Content”), the look and feel, design and organization of the Platform and the Services, and the compilation of the Site Content, including but not limited to any copyrights, trademark rights, patent rights and other intellectual property and proprietary rights therein.
6.2 Your use of the Platform and the Services does not grant to you, ownership or title of, in or to any Site Content or any other part of the Platform or Services. You receive only a limited, revocable, non-transferable license to access and use the Site Content strictly in accordance with these Terms. No other rights are granted, whether expressly, implicitly, or by operation of law.
7.1 Access to the Client Section and Platform is protected by login details available only to the Customer, which the Customer may not make available or share with any third party. The Customer shall be liable and responsible for all activities that are performed through the Customer’s Client Section or Trading Platform while being accessed by their username and password. The Company may require additional authentication measures where deemed necessary for security or compliance purposes.
7.2 The Company shall bear no responsibility, and the Customer is not entitled to any compensation, for any misuse of the Client Section, Trading Platform, or any part of the Company’s Services, nor shall the Company be held responsible for any negative consequences thereof for the Customer, if such misuse occurs for any reasons on behalf of the Customer.
7.3 The Services and Products provided on this site, consists of the provision of software, analytical and technological tools for simulated demo accounts for foreign exchange trading on the CFD market and/ or simulated trading with other financial instruments on other financial markets, as well as training and educational materials.
7.4 The Customer acknowledges that trading activity during the Challenge/Evaluation phase is performed in a simulated environment using demo funds. Where a funded account is granted, the account may be provided in a simulated environment or routed into a live environment, as determined solely by the Company and governed by the Trader Agreement.
7.5 The Customer acknowledges that the Services may not be available around the clock, particularly due to maintenance, upgrades, or any other reasons. The Company shall endeavor to notify the Customer if such upgrades or maintenance is being done in a reasonable timely manner. The Company shall bear no liability nor responsibility, nor shall the Customer be entitled to any form of compensation, for the unavailability of the Client Section or Trading Platform and for damage or loss of any data or other content that Customer uploads, transfers or saves through the Client Section or Trading Platform.
7.6 The Company shall bear no responsibility for the inaccuracy, interruption and/or delay in information, relay to the Market Conditions, displayed on the Trading Platform, and through your Client Section, including discrepancies in data feeds, charting, spreads, pricing, or market conditions. Such information is provided “as is” and without warranty of any kind.
8.1 The Customer acknowledges that the provided services and its content are "as is" with all faults, defects, or potential shortcomings, and that the use of such services and content is solely at the Customer's own risk. Whereas the Company undertakes to ensure that all information is accurate and up to date, it recognizes that technology may have limitations. Therefore, the Customer accepts these potential limitations and agrees to use the services with this understanding. To the extent permitted by applicable law, the Company disclaims all warranties, whether statutory, express, implied, or otherwise, including, but not limited to, any warranties of merchantability, fitness for a particular purpose, or non-infringement of rights.
9.1 The Company reserves the right to change the product prices without prior notice. Pricing changes will not affect Services already purchased, unless required for compliance or risk management purposes. The Company does not warrant that the quality of any products, services, information, or other material purchased or obtained by the Customer will meet the Customer's expectations, or that any errors in the Service will be corrected.
9.2 The Company reserves the right to modify or discontinue the Service or Products (including any accounts offered or any part or content thereof) at any time and without prior notice. Any offer for any product or service made on this site is invalid where prohibited.
9.3 The Company shall not be liable to the Customer or to any third-party for any modification, price change, suspension, or discontinuance of services or products on offer. The Customer acknowledges that such adjustments may be necessary for operational, security, regulatory, or business needs, and waives any claims arising from such changes.
10.1 The Company reserves the right to refuse any requests placed for products/services with them at its sole discretion. This includes, without limitation, refusals based on compliance concerns, fraud-prevention measures, risk assessments, or violations of these Terms.
10.2 Should any order be changed or canceled, or issues with the said request, the Company will attempt to notify the Customer by contacting the e-mail and/or billing address/phone number provided at the time of registration. However, the Company shall bear no liability if the Customer fails to receive such communication due to outdated or incorrect contact information previously provided to the Company.
10.3 The Customer also agrees to promptly update their account and other information, including email address, credit card numbers, and expiration dates, or notify the Company of any relevant changes, so that the Company can complete transactions and contact the Customer as required. The Customer must immediately update any change of information in the Client Area. The Customer is solely responsible for ensuring that all provided information is accurate, complete, and current. The Company is not obligated to verify the data; however, it reserves the right to request additional documentation or information at any time for compliance or operational purposes.
11.1 The provision of a simulated trading environment does not involve actual live market trading. Prior to participating in live market trading, carefully consider your investment objectives, level of knowledge and risk you are willing to take. Most importantly, do not invest money you cannot afford to lose. The live market is volatile and fluctuates rapidly in a short period, hitting new highs and lows. You should not assume that any results obtained in simulated trading with the Company will be similar to those you experience in actual live market trading.
11.2 The Customer acknowledges that, if a funded account is granted, the Company may, at its sole discretion, provide the funded account in a simulated environment or route trades into a live environment for proprietary risk management purposes. In all cases, the Company does not accept, hold, or transmit client funds and does not act as a broker or financial intermediary.
11.3 Unlike simulated trading, live markets have considerable exposure to leverage, credit and market volatility risk when dealing with over-the-counter transactions, and any market movement will have an equally proportional effect on your funds. This may work against you as well as for you..
11.4 The Company accepts that there may be technological risks associated with utilizing an Internet- based system for simulated trading and actual live market trading, including, but not limited to, the failure of hardware, software, and Internet connection. However, the Company is not accountable for communication failures or delays when trading on a simulated basis via the Live Internet. In its attempt to minimize such risk or possibility of system failure, the Company employs backup systems and contingency plans and puts in place ample processes that may prevent the same.
12.1 Certain content, products, and services available via the Company’s Service may contain materials from third parties. Therefore, the customer should review carefully the third-party's policies and practices and make sure they understand them before engaging in any transaction. Third-party links on the Company's site may direct the Customer to third-party websites that are not affiliated with the Company. Access to such websites is entirely at the Customer’s own risk.
12.2 The Company is not responsible for examining or evaluating the content or accuracy, and it does not warrant, nor liable not liable for any harm or damages related to the purchase or use of goods, services, resources, content, or any other transactions made in connection with any third-party websites nor will not have any liability or responsibility for any third-party materials or websites, or for any other materials, products, or services of third parties. Any complaints, claims, concerns, or questions regarding third- party products/services should be directed to the third party in question.
During the Demo Trading, it is prohibited to:
13.1 Intentionally or unintentionally use trading strategies to abuse or manipulate errors in the Services, such as errors in displaying prices or any other discrepancies that the Company may deem as erroneous.
13.2 Execute trades using an external or slow data feed or exploiting differences between multiple data sources.
13.3 Use or intend to use manipulating trading attempts such as hedging, directly or indirectly, internally or externally, in between connected accounts as part of the Demo Trading, or coordinating trades across multiple accounts to create artificial trading outcomes.
13.4 Execute trades contrary to the Agreement and the Trading Platform.
13.5 Use any Software and/or artificial intelligence, ultra-high speed, or mass data entry which might manipulate, abuse, or give you an unfair advantage when using our systems or Services.
13.6 Engage in Scalping: The practice of opening and closing positions within an extremely short time frame to take advantage of small price movements in the market.
13.7 Engage in Market Manipulation: This includes practices such as front-running, wash trading, collusion with other traders, or any action intended to manipulate market prices or liquidity.
13.8 High-Frequency Trading (HFT): Use any high-frequency trading strategies or automated tools designed to gain an unfair advantage or exploit market inefficiencies.
13.9 Gap or Arbitrage trading: Executing trades based on price discrepancies between different platforms or instruments, including taking advantage of gaps in pricing due to market news, macroeconomic events, or earnings reports.
13.10 Automated Copy Trading: Engage in any form of copy trading or automated trading strategies that mirror another trader’s positions without active participation or discretion.
13.11 Execute trades contrary to how trading is actually performed in the foreign exchange market or in any other financial market (e.g., overleveraging, overexposure, one-sided bets, account rolling).
13.12 Perform gap trading by opening trades as major global news, macroeconomic events or corporate reports or earnings (“Events”) that might affect the relevant financial market and/or 2 hours or less before a relevant financial market is closed for 2 hours or longer.
13.13 Allow access to and trading on your Challenges accounts by any third party, nor shall you engage or collaborate with any third party in order to have such third party perform trades for you, whether such third party is a private person or a professional.
13.14 Engage in Fraudulent Behavior: The Company reserves the right to investigate and take action against any customer engaging in fraudulent activities, such as manipulating account balances, submitting false documentation, or using misleading information to gain access to services or profits.
13.15 Use Automated Bots or Scripts: The use of bots, scripts, or other forms of automation designed to manipulate the trading platform or exploit market inefficiencies.
Any such act or behavior is considered in contradiction with the Agreement, and the Company reserves the right to examine and determine, at its own discretion, whether certain trades, practices, strategies, or situations are Forbidden Trading Practices and take necessary action in this event.
In such cr4ases, the Company may without notice:
13.16 Remove the transactions that violate the prohibition from the Customer’s trading history and/or not count their results in the profits and/or losses achieved by the demo trading.
13.17 Immediately cancel all Services provided to the Customer and subsequently terminate this Agreement, and/or reduce the offered leverage on products on any or all Customer’s accounts.
The above list is non-exhaustive. The Company reserves the right, at its sole discretion, to classify any behavior, strategy, pattern, or method as a Forbidden Trading Practice if it:
The Challenge Programme is designed to evaluate the Customer’s trading discipline, risk management, and strategy within a simulated trading environment. Completion of the Challenge Programme does not involve real-market trading and is performed using demo funds only.
To successfully complete a Challenge, the Customer must satisfy all parameters listed below without breaching any provisions of this Agreement, including Clause 13 (Forbidden Trading Practices).
14.1.1 In order for the Customer to meet the conditions of the STEP 1 PROGRAMME, the Customer must fulfill all of the following parameters at the same time before the Challenge ends. Specifically:
| - | 1-Step | Funded Account |
|---|---|---|
| Profit Target | 10% | 0% |
| Daily Drawdown | 3% | 3% |
| Max Drawdown | 6% | 6% |
14.1.2 During the Challenges, the Customer must trade on at least 5 separate working days (Weekends and market holidays do not count unless specifically stated) and opens at least 1 position in demo trade, of any volume size daily.
14.1.3 The Customer did not during the Challenges report a loss on any demo trades opened and closed on that day, which would exceed the percentage of 3% max daily loss of the Initial Capital for the respective option.
14.1.4 The Customer did not during the Challenges report a loss on any opened and closed demo transactions, which would exceed in total the percentage of 6% max loss of the Initial Capital for the respective option.
14.1.5 During the Challenges, the Customer reports a total profit of 10% on all closed demo trades amounting to at least the percentage of the Initial Capital for the respective.
14.1.6 The Customer must ensure that you have sufficient Margin on your trading account, at all times, in order to maintain an open position.
14.1.7 The Company reserves the right to investigate the results of the Challenge Programme for any signs of fraud, manipulation, or unfair trading methods. If any fraudulent or prohibited methods are identified, the Company reserves the right to terminate the Customer's participation, cancel the Challenge results, and withhold any rewards.
14.1.8 The Customer is not allowed to open trades simultaneously in opposite directions.
14.1.9 If the Customer has to meet the conditions of the Challenges, and at the same time has not breached this Agreement, in particular the rules of demo trading, the Company will consider the Challenges –as successful.
14.2.1 In order for the Customer to meet the conditions of the STEP 2 PROGRAMME, the Customer must fulfill all of the following parameters at the same time before the Challenge ends. Specifically:
2-Step Program
| - | Step 1 | Step 2 | Funded Account |
|---|---|---|---|
| Profit Target | 10% | 5% | 0% |
| Daily Drawdown | 5% | 5% | 5% |
| Max Drawdown | 10% | 10% | 10% |
14.2.1.1 During the Challenges, the Customer opens at least 1 trade on at least 5 different working days (Weekends and market holidays do not count unless specifically stated). The Customer did not during the Challenges, report a loss on any demo trades opened and closed on that day, which would exceed the percentage of 5% on STEP 1 and percentage of 5% on STEP 2 daily loss of the Initial Capital for the respective option
14.2.1.2 The Customer did not during the Challenges report a loss on any opened and closed demo transactions, which would exceed in total the percentage of 10% on STEP 1 and percentage of 10% on STEP 2 max loss of the Initial Capital for the respective option.
14.2.1.3 During the Challenges, the Customer can report a total profit of 10% on STEP 1 and 5% on STEP 2 on all closed demo trades amounting to at least the percentage of the Initial Capital for the respective.
14.2.1.4 If the Customer has met the conditions of the Challenges, and at the same time has not breached this Agreement, in particular the rules of demo trading, the Company will consider the Challenges –as successful, if:
14.3 The Customer acknowledges and agrees that the Challenge Programme rules, parameters, profit targets, drawdowns, trading day requirements, risk limits, and evaluation criteria described in this Agreement form an integral part of the Trader Agreement. Any breach of Challenge rules constitutes a breach of both agreements and may result in termination or disqualification at the Company’s discretion.
14.4 The Company may delay, withhold, or deny any payout request where the Customer is undergoing compliance review, risk review, fraud investigation, or verification checks, or where the Company has reasonable grounds to suspect a breach of these Terms or the Trader Agreement.
15.1 If the Customer successfully completes the Challenges and the Know Your Client process, the Customer will be offered a fully funded trading account. A Funded Account may operate in either a simulated/demo environment or a live-routed environment connected to liquidity providers, as determined exclusively by the Company. The Customer acknowledges that the Company retains full discretion regarding the structure, execution, and risk management of all Funded Accounts.
15.2 The Company shall retain a portion of the profits generated on the account, with the exact percentage determined by the specific challenge chosen by the customer.
15.3 Trades may be held over the weekend; however, initiating new trades during the weekend is prohibited.
15.4 The minimum payout request amount is US$50 (or such other amount as may be specified in the Trader Agreement). Payouts relate to rewards/profit share under the Trader Agreement and are not withdrawals of Customer deposits.
16.1 On rare occasions, information on the site or in the Service may contain typographical errors, inaccuracies, or omissions that may relate to product descriptions, pricing, promotions, offers, product shipping charges, transit times, and availability. The Company reserves the right to correct any errors, inaccuracies, and to change or update information or cancel orders at any time without prior notice (including after the Customer has submitted their order). The Company undertakes no obligation to update, amend, or clarify information in the Service or on any related website, including, without limitation, pricing information, except as required by law. No specific update or refresh date should be taken to apply in the Service or on any related website, which could be interpreted to indicate that all information in the Service or on any related website has been modified or updated. In the event of any discrepancies or anomalies encountered in the Service, including but not limited to account details, transactions, or service features, the Customer is obliged to report such issues to the Company immediately.
16.2 In case of system errors, the Company reserves the right to reverse or adjust any trades made due to erroneous system behavior. If such errors are exploited for an unfair advantage, the Company will take necessary actions, including account suspension or termination.
16.3 Customers can seek assistance and report these issues to Support via the live chat option available on the dashboard or website, or by emailing [email protected]
You agree to use the Platform and Services only for purposes that are legal, proper and in accordance with these Terms of Service and any applicable laws, rules and regulations. Any misuse of the Platform or Services may result in immediate suspension or termination of your account, without refund.
You will not:
17.1 use the Platform or the Services in any manner that could damage, disable, overburden, or impair the Platform or the Services, or interfere with any other party's use and access to the Platform or the Services;
17.2 attempt to gain unauthorized access to the Platform, the Services, or the devices, computer systems or networks connected to the Platform or the Services through hacking, password mining or any other means;
17.3 utilize the Platform or Services to engage in scalping, market manipulation, or any unauthorized high-frequency trading activities, including but not limited to front-running, arbitrage, or hedging that exploits system inefficiencies.
17.4 engage in automated trading practices, including the use of bots, scripts, or other software tools designed to manipulate the system, unless expressly permitted by the Company.
17.5 create user accounts by automated means or under false or fraudulent pretenses;
17.6 make any purchases using a fraudulent method of payment;
17.7 transmit any viruses, worms, defects, Trojan horses, or any items of a destructive nature;
17.8 defame, abuse, harass, stalk, threaten or otherwise violate the legal rights (such as rights of privacy and publicity) of others
17.9 upload, post, email or transmit, or otherwise make available through the Platform or the Services any inappropriate, defamatory, infringing, obscene, or unlawful content
17.10 upload, post, email or transmit, or otherwise make available through the Platform or the Services any content that infringes any patent, trademark, copyright, trade secret or other intellectual property or proprietary right of any party, unless you are the lawful owner of such rights or have the permission of the owner to post such content;
17.11 interfere or attempt to interfere with the proper working of the Platform or the Services or any activities conducted on the Platform or the Services, including to utilize framing techniques to enclose any Content or other proprietary information, place pop-up windows over any of the Platform pages, or otherwise affect the display of any of the Platform pages;
17.12 impersonate another person or entity, misrepresent your identity, or falsify or delete any author attributions, legal or other proper notices or proprietary designations or labels of the origin or source of any materials;
17.13 use any robot, spider, site search/retrieval application, or other device to retrieve or index any portion of the Platform or the Services or collect information about its Users for any unauthorized or unlawful purpose;
17.14 submit content that falsely expresses or implies that such content is sponsored or endorsed by the Company, any of its affiliates or any third parties;
17.15 use the Platform or the Services for any illegal or unauthorized purpose (including, without limitation, in violation of laws or regulations, or equivalent laws or regulations in foreign jurisdictions);
17.16 use the Platform or the Services for any commercial purpose whatsoever other than for your personal use as permitted under these Terms.
18.1 The Company does not promise, represent, or warrant that the Customer's use of the service will be error-free, timely, secure, or uninterrupted. All Services are provided on an “AS IS” and “AS AVAILABLE” basis without any warranties of any kind, whether express, implied, statutory, or otherwise. The Company does not warrant that the results obtained from the use of the service will be accurate, reliable or free from defects, delays, or interruptions.
18.2 To the fullest extent permitted by applicable law, the Company and its directors, officers, employees, affiliates, agents, contractors, interns, suppliers, service providers, or licensors shall, in no event, be liable for any injury, loss, claim, or any direct, indirect, incidental, punitive, special, or consequential damages of any kind, including, without limitation, lost profits, lost revenue, lost savings, loss of data, replacement costs, or any similar damages, whether based in contract, tort (including negligence), strict liability or otherwise, arising from the Customer's use of the service or any products procured using the service, or for any other claim related in any way to the Customer's use of the service or any product, including, but not limited to, any errors or omissions in any content, or any loss or damage of any kind incurred as a result of the use of the service or any content (or product) posted, transmitted, or otherwise made available via the service, even if advised of their possibility.
18.3 To the maximum extent permitted by law, the total aggregate liability of the Company to the Customer for any and all claims shall not exceed the total amount of fees paid by the Customer to the Company in the twelve (12) months preceding the event giving rise to the claim.
19.1 You agree to indemnify and hold harmless the Company its directors, officers, employees, affiliates, agents, contractors, service providers, and licensors from and against any and all claims, demands, liabilities, damages, losses, costs, and expenses (including reasonable legal fees) arising out of or relating to:
19.2 This indemnification obligation shall apply regardless of whether the claim arises from actions taken by you or by any person accessing the Platform or Services using your account, whether authorized or unauthorized.
19.3 All parties hereby agree to act in accordance with the principles of good faith and fair dealing in the performance of this Agreement and in all mutual dealings, and, in particular, to refrain from conduct that could harm the reputation or legitimate interests of the other party.
The Site and its entire contents, features and functionality (including but not limited to all information, software, text, displays, images, video and audio, and the design, selection and arrangement thereof), are owned by PropXP Ltd, its licensors or other providers of such material and are protected by applicable copyright, trademark, patent, trade secret and other intellectual property or proprietary rights laws.
The Customer agrees not to use any of the Company’s intellectual property, including the trading platform, software, and any related content, for any unlawful purpose or in a manner that violates these Terms and Conditions.
In the event that, any of the provisions of this Agreement are held to be invalid or unenforceable in whole or in part, all other provisions will nevertheless continue to be valid and enforceable with the invalid or unenforceable parts severed from the remainder of this Agreement.
The Company reserves the right to terminate accounts or contracts under this Agreement immediately and without notice in the circumstances described in Clause 9 of the Trader Agreement, or in the event of any breach of these Terms.
23.1 Any Customer wishing to terminate their Client Section must send a request to [email protected]. Under these circumstances, the Customer forfeits any right to refunds of fees or other expenditures previously paid.
23.2 Repeated Violations: The Company reserves the right to restrict access to all Services without compensations or refund/s whereby a customer persists in prohibited practices and repeated violations after a warning.
23.3 Non-Activation: The customer must activate their account within 7 calendar days, or access will be suspended.
23.4 Chargebacks: For any unjustifiable fee dispute or chargeback by the Customer, the Company retains the right to cease and/or deny future services at its discretion.
23.5 Refunds: If trading has not been initiated within five (5) business days of registration, a refund option is available upon request. However, once trading has commenced, any associated fees will be considered non-refundable. To ensure fairness and consistency in trading practices, any refund request made after five (5) business days from the initial purchase will be automatically deemed non-refundable.
Please note:
23.5.1 Challenges purchased using a discount or promotional code are strictly non- refundable, regardless of trading activity;
23.5.2 If a refund is approved, a deduction of 10% of the original purchase amount will apply to cover payment processing and administrative fees.
By purchasing any Service, the Customer irrevocably agrees not to initiate any chargeback, payment dispute, or reversal request.
Any such action constitutes a material breach of these Terms and results in immediate termination of all Services without refund.
24.1 Any party's decision not to exercise or enforce any right or provision of these Terms of Service shall not be deemed a waiver of such right or provision. Any waiver of rights under these Terms of Service will be effective only if it is in writing and signed by the both parties inclusively. These Terms of Service, along with any policies or operating rules posted on the Company’s site or in relation to all The Service, constitute the full and exclusive understanding and agreement between The Customer and the Company.
24.2 Should any question regarding intent or interpretation occur, the same shall be resolved in an impartial and fair manner. This approach does not countermand any statutory rights of the Customer nor that they may hold under any applicable consumer protection laws that are not subject to contractual wavering.
Any default, delay or omission of any of the provisions of this Agreement by either Party will not be construed as a waiver of any subsequent breach of the same or other provisions. We are entitled to still pursue any omitted or failed payment by you at any time.
These Terms of Service, as well as any additional agreements under which the Company gives The Customer Services, are regulated and construed and shall be governed in accordance with the laws of Saint Lucia, and you agree to submit to the exclusive jurisdiction of the courts of Saint Lucia.
The Customer is advised to be fully aware of and comply with all local laws and regulations pertaining to their engagement of PropXP Services. The Customer acknowledges that they are engaging in the Service at their own risk and assumes all responsibility for their participation. By using the Service, the Customer affirms and acknowledges that the Company is not responsible for any actions taken by the Customer that may violate local laws. Any such violations are the sole responsibility of the Customer.
26.1 Any dispute, controversy, or claim arising out of or relating to these Terms, the Trader Agreement, or the Services shall first be addressed through informal negotiation between the Parties for a period of fourteen (14) days
26.2 If a dispute between a user and PropXP is not resolved through an informal discussion within 14 days from the date a dispute arises, the parties agree to submit the issue to binding arbitration before a single neutral arbitrator in Saint Lucia. The arbitrator shall be appointed by mutual agreement of the Parties, or failing such agreement, by an appointing authority selected in accordance with applicable arbitration rules. The decision of the arbitrator shall be final and binding on both Parties, and judgment may be entered upon it in any court of competent jurisdiction
26.3 Nothing stated herein shall prevent either Party at any time from:
26.4 Exercising any rights and remedies that may be available to it in respect of a breach of the provisions herein these Terms of service
The Customer agrees that any claim or dispute must be brought on an individual basis, and expressly waives any right to participate in a class action, collective action, mass arbitration, private attorney general action, or representative proceeding.
In the event of any conflict between these Terms and Conditions and any prior versions thereof, or any version of the Trading Rules, the provisions of these Terms and Conditions shall prevail unless it is expressly stated otherwise.
THE PARTIES ACKNOWLEDGE AND AGREE THAT BY SIGNING BELOW, THEY HAVE FULLY READ, UNDERSTAND AND VOLUNTARILY ENTER INTO THIS AGREEMENT.