Terms of use

Contract terms

These Terms and Conditions may be subject to change at any time. Forex Traders Fund reserves the right to change, amend or add to these terms and conditions. Notice will be given through this website, client portal, or email and changes will take effect immediately.

By purchasing a one time fee Evaluation Plan, (THE CLIENT) acknowledges that they have read and agreed to be bound by these Terms and Conditions as well as to the Forex Traders Fund (THE COMPANY) Terms of use and all other terms that may be outlined in and around our website and services.

If the Company suspects that a Client has abused or attempted to abuse, or otherwise acted with a lack of good faith towards us, then the Company reserves the right, at its sole discretion, to deny, the client promotion and if necessary to cancel any terms and conditions with respect to that Client, either temporarily or permanently, or terminate that Client’s access to the service and/or block that Client’s Account.

Participation is not allowed for persons under the age of 18 or otherwise under the legal age in their country of residence (“minors”).

If the Client does not understand the risks involved, he/she should seek advice and consultation from an independent financial advisor. If the Client still does not understand the risks involved in trading in any Financial Instruments, he/she should not trade at all.

Clients, who undertake transactions on an electronic trading system, will be exposed to risks associated with the system including the failure of hardware and software (Internet/Servers). The result of any system failure may be that an order is either not executed according to the instructions provided for it, or is not executed at all.

The Client acknowledges that any trading activity, positions, or losses undertaken by anyone or any device or third party on behalf of the Client, are bound by these terms and conditions. Although the Company does not prohibit Clients from delegation of trading activities, all transactions and trading activity is the sole responsibility of the Client who is authorized to trade the account.

The client acknowledges and understands that any breaches of these terms and conditions due to shortfalls in electronic trading systems or technology, are the responsibility of the client, not the Company. Clients are expected to have experience in trading and using electronic trading systems and platforms, including Metatrader5 and any user errors or mistakes made are the responsibility of the Client.

On the live funded account the client is supposed to follow all the agreed trading rules regarding the funding option chosen. A pattern of unauthorized trading will cause the funds to be pulled.

Within the evaluation stage, the risk team would require consistent behaviour each trading day with proper risk management with the use of allowed strategies in order to review your suitability properly before promotion onto the funded traders stages. In some cases your evaluation may be extended by the risk team in order to get promotion to the portfolio manager stage.

All rules of the accreditation program need to be followed strictly. This includes but not limited to:

–    Opening positions no larger than 2% of your current account balance (based on Stop Loss)

–    Not opening positions that expose any instrument more than 2% in total exposure.

–    Always opening orders with a Stop Loss entered and pre-filled. No exceptions.

–    Protecting Capital and not drawing equity down below 10% of the starting account balance.

Although we will use common sense, good will and fair judgement, Forex Traders Fund reserve the right to disable and/or terminate any program, plan or account if any of the above rules are breached. Forex Traders Fund also reserves the right to use their discretion and may revert to liquidity providers and backers for judgment.

The client agrees that by breaching any of the above rules, they are breaching their agreement with Forex Traders Fund. By doing so, you acknowledge that a breach of the above may conclude your review and disqualify any claim for refund as services have been rendered and completed. If a portfolio manager breaches their agreement, in addition, the breach may conclude your contract with Forex Traders Fund and profits earned may be forfeited at the discretion of the Company or it’s liquidity providers or backers.

In a situation where the client breaks rules, or is found to have changed their trading strategy without advising us first (this is a check to make sure the new strategy doesn’t break any rules), their account may be immediately disabled without warning. This includes but is not limited to, Grid trading, stacking, martingale, hedging or reverse positions on one instrument, and over leveraging trading strategies. These strategies are not allowed.

In a case where a trader is found out using any of these strategies, the account will be closed and the commitment fee will NOT be refunded. *Any profits made from prohibited strategies will be withdrawn and will not count towards Accreditation.

During the Evaluation, traders must achieve the target agreed to, within the timeframe agreed to as outlined by the plan details chosen. 

During the Evaluation, traders must trade for a total of 20 days (20 trading days worth of activity) or a minimum of 30 days (calendar) before satisfying the minimum time period to pass the Evaluation.

There are no cool down periods on the Evaluation Review. There are no refunds available if you change your mind after paying for the evaluation.

Withdrawal policy

1. IF FOREX TRADERS FUND SUSPECTS THAT A CLIENT HAS ABUSED OR ATTEMPTED TO ABUSE ANY RISK MANAGEMENT RULES OR GUIDELINES, OR OTHERWISE ACTED WITH A LACK OF GOOD FAITH TOWARDS US, THEN THE COMPANY RESERVES THE RIGHT, AT ITS SOLE DISCRETION, TO DENY, WITHHOLD OR WITHDRAW FROM THAT CLIENT. IF NECESSARY, TO CANCEL ANY TERMS AND CONDITIONS WITH RESPECT TO THAT CLIENT, EITHER TEMPORARILY OR PERMANENTLY, OR TERMINATE THAT CLIENT’S ACCESS TO THE SERVICE AND/OR BLOCK THAT CLIENT’S ACCOUNT.

2. PARTICIPATION IN THE FOREX TRADERS FUND’S FUNDING OPTIONS IS NOT ALLOWED FOR PERSONS UNDER THE AGE OF 18 OR OTHERWISE UNDER THE LEGAL AGE IN THEIR COUNTRY OF RESIDENCE (“MINORS”). IF FOUND A CLIENT IS A (“MINOR”), THE WITHDRAWAL REQUEST WILL BE REFUSED AND ACCOUNT WILL BE CANCELED.

•   You must submit your withdrawal request before 24th of Every Month.

•   Withdrawals will be processed from the 25th-30th of every month and paid from our LP and Backers every month.

•   Payments will be made to your nominated payment method. Conversion and Transfer Fees may apply from your chosen method.

•   If you have any open positions upon the withdrawal cut-off time, withdrawals will only be made if the funds are cleared and available to do so in your account. If they are not, the withdrawal request will be failed and need to be resubmitted the following month.

Terms of use

​​Please read these terms of service carefully before using the Forex Traders Fund’s website. Note that the terms of service are subject to change at any time.

1. OVERVIEW

These Terms of Use form a legally binding contract between Forex Traders Fund. (“we” or “us”) and the people and companies (“Users” or “you”) that access and use

our website located at www.forextradersfund.com or any related website or mobile

platform controlled by us (collectively, the “Website”). These Terms of Use apply to all

services provided through our Website and any other software application we operate, and

all content, services, and products available at or through the Website.

It is very important that you read and fully understand these Terms of Use before using

the Website. By agreeing to these Terms of Use and using the Website, you are entering

into a legally binding contract which will impact your rights.

By accessing any part of the Website, you agree to be bound by these Terms of Use. You

are also confirming that you have read and fully understood these Terms of Use. If you do

not agree to or understand all of these Terms of Use, then you may not access the Website

or use any services available on the Website.

These Terms of Use should be read in conjunction with the Privacy Policy and any other

rules, guidelines, or policies posted on the Website.

2. SERVICES AVAILABLE ON THE WEBSITE

Without restriction, we generally offer the following services through the Website:

Connecting traders to backers and brokers for startup capital

The services we offer are subject to change over time. By using the Website, you are

confirming that you have determined that the services are appropriate for your needs. We

do not guarantee that these services meet your needs or that they are suitable for your

specific purposes.

3. PAYMENT PROCEDURES

Payments for services or products available on the Website will be charged to you in

accordance with the policies, procedures, and timelines posted on the relevant sections of

the Website.

You agree to pay the fees applicable to your subscription and any other applicable fees,

including but not limited to fees relating to the processing of transactions under your

account (“Fees”).

All initial and recurring Fees will be charged to the credit card that you authorize for your

account. It is your responsibility to keep your authorized credit card valid and up to date

at all times. We may terminate or block access to your account if your credit card becomes

expired or otherwise invalid at the time any Fees become due.

4. REFUND, EXCHANGE AND SHIPPING POLICIES

We do not offer refunds for any reason. All payments are final.

5. TERMINATION

You may cancel these Terms of Use at any time by discontinuing your use of the Website.

6. LIMITATION OF LIABILITY

Except in a case where we are in violation of these Terms of Use, we will not be held liable

for, and you hereby fully waive the right to claim for, any loss, injury, claim, liability or

damages of any kind resulting in any way from use of the Website.

Your use of the Website is at your sole risk. The Website is provided on an “as is” and “as

available” basis without any warranty or condition, express, implied or statutory. We do

not warrant that your use of the Website will be uninterrupted, secure or error-free.

In no event will we have any liability to you or any third party for any lost profits or

revenues or for any indirect, special, incidental, consequential, or punitive damages

however caused, whether in contract, tort, or otherwise, and whether or not you or the

third party have been advised of the possibility of such damages. In the event the

foregoing paragraph, or any part thereof, is void under applicable law, this paragraph, or

such part thereof, shall be inapplicable.

7. INDEMNIFICATION

You agree to indemnify and hold harmless Forex Traders Fund., including our

officers, directors, shareholders, employees and agents, from and against any and all

claims and expenses, including legal fees and disbursements, which are made against us

and arise out of your use of the Website, including but not limited to your violation of any

term of these Terms of Use or any other policy posted on the Website.

8. SECURITY BREACHES

In order to protect your security, it is your sole responsibility to ensure that all usernames

and passwords used to access the Website are kept secure and confidential.

You must immediately notify us of any unauthorized use of your account, including the

unauthorized use of your password, or any other breach of security.

We will investigate any breach of security on the Website that we determine in our sole

discretion to be serious in nature, but we will not be held responsible or liable in any

manner for breaches of security or any unauthorized access to your account however

arising.

9. WARRANTIES AND REPRESENTATIONS

We hereby disclaim all warranties of any kind, whether express, implied, or statutory,

including but not limited to implied warranties as to merchantability or fitness for a

particular purpose as they relate to the Website.

10. COMPLIANCE WITH LAWS

You represent and warrant that:

i. You have the authority to bind yourself to these Terms of Use;

ii. Your use of the Website will be solely for purposes that are permitted by these Terms

of Use;

iii. Your use of the Website will not infringe or misappropriate the confidentiality or

intellectual property rights of any User or third party; and

iv. Your use of the Website will comply with all local, provincial and federal laws, rules

and regulations, and with all policies posted on the Website.

You must only use the Website for your own lawful purposes, in accordance with these

Terms of Use and any notice, policy or condition posted on the Website. You may use the

Website on behalf of others or in order to provide services to others but if you do so you

must ensure that you are authorized to do so and that all persons for whom or to whom

services are provided to comply with and accept all these Terms of Use.

11. AGE RESTRICTIONS

Users Must be Over the Age of 18. You represent and confirm that you are over the age

of 18. We do not target, market, or promote the Website to those under 18. We do not

permit any User under the age of 18 to use the Website.

12. GOVERNING LAW AND DISPUTE RESOLUTION

These Terms of Use and any access to or use of the Website shall be governed by, and

constructed in accordance with European law.

If any claim, dispute or controversy occurs between Forex Traders Fund. and

a User relating to the interpretation or implementation of any of the provisions of these

Terms of Use, such dispute shall be resolved by private, confidential and binding

arbitration. Such arbitration shall be conducted by a single arbitrator. The arbitrator shall

be appointed by agreement of the parties or, in the absence of an agreement, such

arbitrator shall be appointed by a judge upon the application of either the User or

Forex Traders Fund. Arbitration shall be held in Gothenburg, Sweden, unless otherwise agreed by the parties. The arbitration procedure to be followed shall be agreed by the parties or, in absence of an agreement, determined by the arbitrator. 

13. WAIVER OF CLASS ACTION

By using the Website, you agree to resolve any claim or dispute arising between you and

us on an individual basis, rather than addressing such claim or dispute as part of a group

or class. You hereby waive any right you may have to commence or participate in any class

action lawsuit commenced against Forex Traders Fund or its affiliates

related to any claim, dispute or controversy arising from your use of the Website. Where

applicable, you hereby agree to opt out of any class proceeding against Forex Traders Fund otherwise commenced.

The above waiver shall not apply to claims or disputes arising under consumer protection

legislation or any other claim or dispute where a waiver of class action lawsuits is

unenforceable at law.

14. GENERAL TERMS

a. AMENDING THESE TERMS OF USE

These Terms of Use may be updated and amended from time to time. We reserve the

right to change these Terms of Use at any time, and any amended Terms of Use are

effective upon posting to the Website. We will make efforts to communicate any

changes to these Terms of Use we deem material, in our sole discretion, via email or

notifications on the Website. Your continued use of the Website will be deemed to be

immediate and unconditional acceptance of any amended Terms of Use, whether or

not we deemed the amendments to be material.

b. ASSIGNMENT

We may assign or delegate these Terms of Use, in whole or in part, to any person or

entity at any time with or without your consent and without prior notice to you.

Users may not assign or delegate any rights or obligations under these Terms of Use,

without our prior written consent, and any unauthorized assignment and delegation is

void.

c. NO WAIVER

No waiver of a provision, right or remedy of this Agreement shall operate as a waiver

of any other provision, right or remedy or the same provision, right or remedy on a

future occasion.

d. NO AGENCY

The parties to these Terms of Use are independent contractors and are not partners or

agents. Forex Traders Fund. has no fiduciary obligations or professional

obligations whatsoever to you arising from these Terms of Use or your use of the

Website.

e. SEVERABILITY

In the event that any provision or part of this Agreement is found to be void or invalid

by a court of law, the remaining provisions, or parts thereof, shall be and remain in

full force and effect.

f. ENTIRE AGREEMENT

These Terms of Use, in conjunction with all policies and guidelines available on the

Website (including but not limited to any Privacy Policy), incorporated by reference,

constitute the entire agreement between you and Forex Traders Fund.

and supersede all prior communications, agreements and understandings, written or

oral, with respect to the subject matter of these Terms of Use.

15. QUESTIONS ON THESE TERMS OF USE

We welcome you to contact us with any questions on these Terms of Use. You can send

your questions regarding these Terms of Use to the following email address:

support@forextradersfund.com

16. ADDITIONAL TERMS

The following additional terms and conditions apply to the use of the Website:

Business hours 09:00-16:00 (CEST). Customer service

is limited during weekends. Make sure you have read and understood all rules,

terms and policies as a sale on this website is final.

17. CONFIRMATION OF AGREEMENT TO TERMS OF USE

BY PROCEEDING TO USE THE WEBSITE, YOU ACKNOWLEDGE THAT YOU HAVE READ,

UNDERSTOOD AND AGREE TO BE BOUND BY THESE TERMS OF USE AND ANY

POLICIES AND NOTICES POSTED ON THE WEBSITE.

These Terms and Conditions are made in English language. Any other language translation is provided as a convenience only. In the case of any inconsistency or discrepancy between original English texts and their translation into any other language, as the case may be, original versions of English shall prevail.