%% OK; better do some 92%+\ + 99%, used round numbers LOL[yours was about 99.888+/.] 100]Good goals even if i'm not doing single stocks now. And if a broker , broker dealer or banker asks you to do some free work, do it within reason. 1,000]And if a client, again within reason tells you his kids dont call him anymore; + then gives you a bunch of red tomatoes, all you want, realize he likesdoing' business with you you. Maybe more where that came from........................................................................................... I excluded crypt*, but if that 1,000 red tomatoe guy+ wife that likes you; + a bulldozer get $50-$90per hour, he may do it for cost of fuel about $4-5 a gallon[US tax better deal here, still could happen like that in Europe.] Thanks dont need a foundation like Bill gates MSFT or Paul t jones- Robinhood Foundation, fine .
(Yet another "crew" for me to look over later [when I have the time]. As best as I can tell, this company's cheapest challenge is $110.00 for the single-step version. However, they also have a two-step challenge that might cost less.) Terms and Conditions Welcome to Breakout, a dba for Breakout Trading Group, LLC (the “Company”). The Company provides you (“you” or the “Trader”) with a limited license to use the trading and data services (the “Services”) for providing a trading evaluation and assessment offered by the Company subject to the terms and conditions contained herein (the “Agreement”). This Agreement is a legally binding contract, and you have a duty to read this Agreement before using or accessing the Services offered by the Company. By using the Services, you consent and confirm you are agreeing to the terms, representations and conditions contained within this Agreement. The Company reserves the right to suspend, replace, modify, amend, or terminate this Agreement at any time and within its sole and absolute discretion. In the event the Company replaces, modifies, or amends this Agreement, you consent and confirm that your continued use of the Services after a change in the Effective Date of said changes will constitute your agreement to any replacement, modification, or amendment to this Agreement. TRADER REPRESENTATIONS You represent that you are at least eighteen (18) years old and are of sound mind and that you have the capacity to agree to and uphold the terms and conditions contained within this Agreement. If you use the Services on behalf of a business entity or other third-party, then you represent that you have actual authority to act as an agent of that business entity or third-party, and that you have the right and ability to agree to and bind that third-party or business entity to the terms of this Agreement. You represent that your use of the Services does not violate any law, regulation, ordinance, statute, or treaty that is applicable to individuals or business entities located in the jurisdiction in which you live. You further represent that you are not prohibited from entering into this Agreement by the terms of any preexisting agreement. LIMITED LICENSE The Company provides you with limited, non-exclusive, non-sublicensable, nonassignable, revocable, and royalty-free license to use the Services for its customary and intended purposes. You are expressly prohibited from scraping, framing, hacking, reverse engineering, crawling, or aggregating the Services, the Company Website, whether in whole or in part, without the prior written consent of the Company. You acknowledge and agree that your limited use of the Services does not entitle you to any license or intellectual property rights to any technology, intellectual property, copyrights, trademarks, or trade secrets of the Company or any third-party contractor thereof. You acknowledge and agree that your use of the Services is limited by the terms of this Agreement, and you expressly agree that you will not use the Services in any manner that is not expressly authorized under the terms of this Agreement. The Company reserves all of its rights not expressly granted through this Agreement. This license is revocable at any time, and any rights not expressly granted in this Agreement are reserved for the Company. PROHIBITED USES You are expressly prohibited from using the Services to violate any law, statute, ordinance, regulation, or treaty, whether local, state, provincial, national, or international, or to violate the rights of a third-party, including, but not limited to intellectual property rights, privacy rights, rights of publicity, or other personal or proprietary rights. Additionally, you are expressly prohibited from scraping, crawling, framing, posting unauthorized links to, aggregating, hacking, performing denial of service attacks on, reverse engineering, or circumventing technological protection measures of the Services or the Company website. You are also prohibited from using the Services or the Company website to transmit unsolicited commercial emails to third parties or Traders of the Company. While the Company is not responsible for any such content posted by its Traders and does not have the affirmative obligation to monitor such content, it does reserve the right to remove any such content from the Company website. You are also prohibited from using any trading strategy that is expressly prohibited by Thinkmarkets, Bybit, Binance or any broker used by the Company (the “Brokers”). Such prohibited trading (“Prohibited Trading”) shall include, but not be limited to: Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker Utilizing non-public and/or insider information Front-running of trades placed elsewhere Trading in any way that jeopardizes the relationship Prop Account has with a broker Trading in any way that creates regulatory issues for the Broker Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass assessment or evaluation phase requirements Utilizing one strategy to pass an assessment and then utilizing a different strategy in the simulated demo Account Holding a Single Share Equity CFD position into an earnings release pertaining to that underlying equity. To avoid being in breach of this rule, you must close all such Single Share Equity CFD positions by 3:50 pm Eastern Time on the day of the release, in the case of an aftermarket release, or on the preceding day, if a before market open release. Violation of this rule will constitute an immediate, hard breach of your account and any gain or loss on said position will be removed from any calculations. Attempting to arbitrage your account with another account with the Company or any third-party company, as determined by the Company in its sole and absolute discretion. Trader represents, warrants and agrees that it will not make any public statements on any form of social media or publicly accessible medium contesting, challenging, disputing or criticizing in any way Prop Account’s enforcement of the terms and provisions referenced above. If the Company determines that your trading constitutes Prohibited Trading, your participation will be terminated and may include forfeiture of any fees paid to the Company. NO ADVICE / EDUCATION The Company does not provide any trader education or investment advice. The focus of The Company is to identify individuals with a talent for trading. No access to live trading is provided by the Company in the evaluation phase. Traders who pass an evaluation offered by the Company shall be allocated notional funding to trade in an account under the terms of a separate trader agreement. Although The Company may provide data, information, and content relating to investment approaches and opportunities to make trades, such data, information and content is provided solely for general informational and educational purposes. The Company does not encourage the Trader to take any action based upon any of the information and materials provided by the Company and you should not construe any such data, information, or content as investment, financial, tax, legal, or other kind of advice. The Company further does not make any representations that any data, information, and content on the Company website is accurate or complete. You alone will bear the sole responsibility of evaluating the merits and risks associated with using any such data, information, and content. As such, you agree not to hold the Company liable or assert any claim for damages that may arise from any decision that you make based upon the use of such data, information, and content appearing on the Company website or Company materials. While the Company does not provide you with the opportunity to invest or trade in actual financial instruments or actual currency in the evaluation phase, the Company wants to make sure you understand the risks involved with traditional investing. You should be aware that the risk of trading and investing is high and substantial. Leverage can work for you as well as against you. It may or may not lead to substantial losses. Additionally, past performance is not indicative of future results. All of the foregoing factors may likewise negatively impact the ability to perform well in a simulation demo trading account. As such, you should carefully consider whether participating in an evaluation utilizing simulated trading is appropriate for you. If you are unsure, you should consult with a financial advisor and/or tax advisor. ACCOUNT OPENING In order to register as a Trader, you may be asked to provide personal information, including, but not limited to your name, email address, mailing address, phone number, and date of birth. The information provided is subject to the Company’s privacy policy accessible here. The account will be personal to you, and you cannot share your name or password with anybody else. You also may not purchase an account on behalf of a third party or have an account purchased for you by a third party. You will be responsible for maintaining the confidentiality of your username and password. If you suspect that your account has been breached, you must immediately notify the Company. Traders are limited to one active account per assessment, absent prior written approval. PURCHASES AND REFUNDS The Company may provide products, services, subscriptions, or access to certain portions of the Company’s website (Services) at a monetary cost. Prices and availability are subject to change without notice. The Company may allow for such purchases within its website or via a white label affiliate. It is your responsibility to thoroughly read and understand any such terms and conditions for the Services. By making any such purchases, you agree that the Company has no responsibility and assumes no liability for any losses, damages or claims related to your purchases or use of Services. Upon the purchase of a product, service, subscription, or access to certain portions of the Company website, the Company will make any such product, service, subscription or access available to you. There are no refunds on any Services purchased from the Company. In addition, if you, as a purchaser, are deemed “high risk” by our payment processors, we may require you to provide additional documentation or information in order to proceed with the Evaluation. Failure to provide the requested documentation and information within twenty-four (24) hours of such request may result in your use of and access to the Services being revoked. The Company in its sole discretion reserves the right to suspend or terminate the use of any product, service, subscription or access. GUIDELINES The Company will display the guidelines and/or rules (Guidelines) associated with the Services on the Company’s website and via email. These guidelines, which may change from time to time in the Company’s sole discretion, are incorporated in whole into this Agreement. Achieving the specified hypothetical gains without breaching any of the rules or Guidelines is the sole means by which to pass the Evaluation phase. The Company makes absolutely no promise, guarantee, or warranty, express or implied, as to any promise regarding simulated performance, future employment as a trader, monetary payments, or any other type or kind of compensation or award for your performance in a simulated demo account. TRADEMARKS You acknowledge and agree that any and all trademarks, trade names, design marks, or logos displayed on the Company website by the Company, are common law or registered trademarks owned by or licensed to the Company. You are expressly prohibited from using the trademarks of the Company to cause confusion, cause mistake, deceive consumers, or from falsely designating the origin of, source of, or sponsorship of your goods or services. You are further prohibited from using the trademarks of the Company in domain names, keyword advertisements, trigger keyword advertisements, or in meta tags. All other trademarks, trade names, design marks, or logos are the property of their respective owners. You acknowledge and agree that the Company’s website, its suppliers and licensors expressly reserve all intellectual property rights in all text, programs, products, processes, technology, content and other materials, which appear on the Company’s website. Access to this website does not confer and shall not be considered as conferring upon anyone any license under any of the Company’s or any third party’s intellectual property rights. All rights, including copyright, in the Company website are owned by or licensed to us or third-party suppliers. Any use of this Website or its contents, including copying or storing it or them in whole or part, other than for your own personal, noncommercial use is prohibited without the permission of the Company. You cannot modify, distribute or re-post anything on this website for any purpose. The Company names and logos and all related products and services and our slogans are the trademarks or service marks of the Company or licensed to the Company. All other marks are the property of their respective companies. No trademark or service mark license is granted in connection with the materials appearing on the Company Website. Access to the Company website does not authorize anyone to use any name, logo or mark in any manner. All materials, including images, text, illustrations, designs, icons, photographs, programs, audio clips or downloads, video clips and written and other materials that are part of this Website (collectively, the “Contents”) are intended solely for personal, noncommercial use. No right, title or interest in any downloaded materials or software is transferred to you as a result of any such downloading or copying. You may not reproduce (except as noted above), publish, transmit, distribute, display, modify, create derivative works from, sell or participate in any sale of or exploit in any way, in whole or in part, any of the Contents, the Company website or any related software. All software used on the Company website is the property of the Company or its suppliers and protected by laws of The United States of America. Any other use, including the reproduction, modification, distribution, transmission, republication, display, or performance, of the Contents on the Company website is strictly prohibited. Unless otherwise noted, all Contents are copyrights, trademarks and/or other intellectual property owned, controlled or licensed by the Company, one of its affiliates or by third parties who have licensed their materials to the Company and are protected by laws of The United States of America. The compilation (meaning the collection, arrangement, and assembly) of all Contents on the Company website is the exclusive property of the Company and is also protected by the laws of The United States of America. DISCLOSURE STATEMENT Before deciding to participate in any financial markets, including a simulated demo account involving hypothetical trading, or notional funding in a funded account, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not spend money to participate in the evaluation phase that you cannot afford to lose. In a simulated demo trading or notional funding environment, there are operating risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connection. The Company is not responsible for communication failures or delays when trading via the Internet. The Company’s third-party service and systems providers employs backup systems and contingency plans to minimize the possibility and impact of system failure. TERM AND TERMINATION The term of this Agreement will begin when you purchase Services offered by the Company and will continue until termination of the Services or you stop using the Services. The Company reserves the right to terminate the Services and your access to the Company website in its sole and absolute discretion and without prior notice. DISCLAIMER OF WARRANTIES AND LIMITATION OF LIABILITY YOU ACKNOWLEDGE AND AGREE THAT THE SERVICE AND COMPANY WEBSITE ARE PROVIDED ON AN “AS-IS” BASIS AND WITHOUT WARRANTY OF ANY KIND, INCLUDING, BUT NOT LIMITED TO WARRANTIES OF TITLE, MERCHANTABILITY, ACCURACY, FITNESS FOR A PARTICULAR PURPOSE, SECURITY, AND NONINFRINGEMENT. WHEREVER PERMITTED BY LAW, YOU ACKNOWLEDGE THAT THE COMPANY WILL NOT BE HELD RESPONSIBLE OR LIABLE FOR ANY CLAIMS, DAMAGES, JUDGMENTS, CHARGES, OR FEES ARISING OUT OF OR RELATED TO INFORMATION ON THE WEBSITE AND YOUR USE OF OR ACCESS TO THE SERVICE OR THE COMPANY WEBSITE, INCLUDING, BUT NOT LIMITED TO COMPENSATORY DAMAGES, CONSEQUENTIAL DAMAGES, SPECIAL DAMAGES, INCIDENTAL DAMAGES, PUNITIVE DAMAGES, EXEMPLARY DAMAGES, COSTS AND ATTORNEYS’ FEES, DAMAGES ARISING OUT OF ERRORS OR OMISSIONS, AND DAMAGES ARISING OUT OF THE UNAVAILABILITY OF THE WEBSITE OR DOWNTIME. YOU ACKNOWLEDGE THAT YOUR USE OF THE SERVICES AND/OR THE COMPANY WEBSITE IS AT YOUR SOLE RISK AND THAT THE COMPANY’S LIABILITY IS LIMITED TO THE AMOUNT THAT YOU PAID TO USE THE SERVICES OR $1,000, WHICHEVER IS LESS. INDEMNIFICATION You agree to indemnify, defend, and hold harmless the Company, its officers, shareholders, directors, employees, subsidiaries, affiliates, white label users, and representatives from any and all losses, including, but not limited to costs and attorneys’ fees arising out of or related to your use of the Website; your violation of any term or condition of this Agreement; your violation of the rights of third parties, including but not limited to intellectual property rights or other personal or proprietary rights; and violation of any law, statute, ordinance, regulation, or treaty, whether local, state, provincial, national or international. Your obligation to defend the Company will not provide you with the right or ability to control the Company’s defense or settle any claims. The Company reserves the right to control its defense, including its choice of counsel and whether to litigate or settle a claim subject to indemnification. ARBITRATION You acknowledge and agree that any controversy or claim arising out of or related to this Agreement, including any claim or controversy concerning interpretation of this Agreement or your use of the Services, will be settled by arbitration pursuant to the commercial arbitration rules of the American Arbitration Association (AAA). Any claim arising under or related to this Agreement must be brought within six (6) months of the date of the alleged cause of action, omission or conduct giving rise to the alleged claim. The arbitration proceeding will be decided by not more than three arbitrators randomly selected from a list of neutral arbitrators maintained by the AAA. Judgment on any award may be entered in any court of competent jurisdiction. The arbitrators will be provided with the right to award costs and attorneys’ fees to the prevailing party. The arbitration will be held in Miami, Florida and both the Company and Trader agree that they will be required to be present in Miami for arbitration. The substantive laws of Florida shall apply. The foregoing notwithstanding, the Company shall be permitted to seek any injunctive or equitable relief arising out of or relating to this Agreement in any court of competent jurisdiction. FORCE MAJEURE The Company shall not be liable to Trader for any claims, losses, damages, costs or expenses, including attorneys’ fees, caused, directly or indirectly, by any events, actions or omissions, including, without limitation, claims, losses, damages, costs or expenses, including attorneys’ fees, resulting from government shutdown, civil unrest, war, insurrection, international intervention, governmental action (including, without limitation, exchange controls, forfeitures, nationalizations, devaluations), natural disasters, acts of God, market conditions, inability to communicate with any relevant person or any delay, disruption, failure or malfunction of any transmission or communication system or computer facility, whether belonging to the Company, Trader, or third-party service provider. SURVIVABILITY The representations, warranties, duties, and covenants made by you under this Agreement will survive the termination of this Agreement or the Services, including, but not limited to your duty to indemnify and defend the Company. SEVERABILITY In the event that any term or condition of this Agreement is deemed invalid or unenforceable by a court of competent jurisdiction, the remaining terms and conditions of this Agreement will remain in full force and effect. INTERPRETATION This Agreement will be deemed to have been drafted by both parties, and the terms and conditions of this Agreement will not be interpreted against the Company or Trader. ASSIGNMENT You are expressly prohibited from assigning your rights and duties under this Agreement. The Company reserves the right to assign its rights and duties under this Agreement, including in connection with a sale or transfer of a portion or all of the Company or its Services. WAIVER No term or condition of this Agreement or breach of this Agreement will be deemed to have been waived or consented to, unless such waiver is in writing and signed by the party to be charged. ENTIRE AGREEMENT This Agreement and any documents incorporated herein by reference contains the entire agreement between the Company and the Trader regarding the use of the Services and supersedes all prior understandings, agreements, or representations between the Company and Trader, whether written or oral. https://www.breakoutprop.com/prop-trading-101/ https://www.propfirmmatch.com/prop-firms/breakout-prop
Breakoutprop.com states that they are unable to offer any of their services to traders from and/or in the following jurisdictions: https://intercom.help/breakoutprop/en/articles/8545921-which-countries-are-ineligible Afghanistan Belarus Burma Central African Republic Cuba Democratic Republic of the Congo Ethiopia Iran Iraq Lebanon Libya Mali Nicaragua North Korea Pakistan Russia Somalia Sudan Syria Venezuela Vietnam Yemen Zimbabwe And the following regions of Ukraine: Crimea, Donetsk and Luhansk (This list may change depending on global regulatory and compliance requirements.) Tradiac discontinued accepting U.S. citizens, even though I seem to recall they were operating out of Texas. However, in attempting to confirm this impression, I can now only find information suggesting they are headquartered in Sweden. https://www.prnewswire.com/news-rel...ading-firm-officially-launches-301837635.html I believe breakoutprop.com indicated somewhere that they're operating out of Florida, but I also got the impression somehow that they are actually rooted in the United Arab Emirates. So then, are they too going to discontinue accepting USA citizens in another month or two? I hope not because I decided to go ahead and risk a hundred bucks on this outfit. Even so, if nothing else, the experience should at least help me to identify any weaknesses still left in my system, if present, and refine it in ways that I hadn't even previously considered, which my month with Tradiac definitely helped me do.
If I read correctly, this outfit is going 100% crypto as of February 1, 2024. Also, my impression is that if you try emailing them at Support, they are not real good about sending you a timely response, that is, if the link they provide in their emails even works, which the one I just clicked on did not. Consequently, I would not remotely consider categorizing them as "the best prop firm in my opinion," but I DID improve my system while interacting with them.
I find it much easier to review most of these firm's terms and conditions as an entry here in this forum than on their own websites, which is why I am posting this one that I just came across below (so I can look through it in a much more "readable" format)... These FXIFY General Terms and Conditions (the “GTC”) govern rights and obligations in connection with the use of services provided by Timios Global Markets Ltd as described below (the “Services”), offered mainly through the www.fxify.com website (the “Website”). Please read these GTC carefully. You are under no obligation to use the Services if you do not agree or understand any portion of these Terms, nor should you use the Services unless you understand and agree to these Terms. 1. INTRODUCTORY PROVISIONS 1.1. These GTC govern your (“you”, “your”, or the “Customer”) rights and obligations in connection with the use of the Services provided by Timios Global Markets Ltd, with its registered office at 1-13(A), First Floor, Paragon, Jalan Tun Mustapha, 87009 Labuan F.T., company no.: LL 17376, Regulated by the Labuan FSA with license number: MB/22/0097 (“we”, “our”, or the “Provider”). 1.2. By registering on the Website or, where registration is not required, not later than by your first use of the Services, you are entering into a contract with the Provider, the subject of which is the provision of the Services of your choice. The GTC form an integral part of such a contract and, by executing the contract with the Provider, you express your agreement to these GTC. 1.3. The Services are only intended for persons over the age of 18 residing in the country for which the Services are available. By registering on the Website, you confirm that you are over 18 years of age. If you are under 18 years of age, you may not use the Services. You undertake to access the Services solely from one of the countries for which the Services are available. You acknowledge that your access to and use of the Services may be restricted or prohibited by law in some countries, and you undertake to only access and use the Services in accordance with applicable laws. 1.4. The Provider shall not provide Services to Customer that: (i) is of nationality or is residing in Restricted Jurisdictions; (ii) is established or incorporated, or has a registered office in Restricted Jurisdictions; (iii) is subject to the relevant international sanctions; or (iv) has a criminal record related to financial crime or terrorism. Restricted Jurisdictions means countries determined as such by the Provider and published here on the Website. The Provider reserves the right to refuse, restrict or terminate the provision of any Services to Customer as per this Clause 1.4. and such Customer is prohibited to use the Services, which also includes the use of the Client Account and/or Platform. 1.5. The Services consist of the provision of tools for SIMULATED foreign exchange trading on the FOREX market or SIMULATED trading with other instruments on other financial markets, provision of analytical tools, training and educational materials, the access to the Client Account, and other ancillary services, in particular through the Client Account or by the provision of access to applications provided by the Provider or third parties. Financial market information is used in the simulated trading; however, you acknowledge that any trading that you perform through the Services is not real. You also acknowledge that the funds provided to you for demo trading are fictitious and that you have no right to possess those fictitious funds beyond the scope of their use within the Services, and in particular that they may not be used for any actual trading and that you are not entitled to the payment of those funds. Unless expressly agreed otherwise, you will not be paid any remuneration or profits based on the results of your simulated trading, nor will you be required to pay any losses. 1.6. NONE OF THE SERVICES PROVIDED TO YOU BY THE PROVIDER CAN BE CONSIDERED INVESTMENT SERVICES IN ACCORDANCE WITH APPLICABLE LAWS. THE PROVIDER DOES NOT GIVE OR PROVIDE TO YOU ANY GUIDANCE, INSTRUCTIONS, OR INFORMATION ABOUT HOW OR IN WHICH MANNER YOU SHOULD PERFORM TRANSACTIONS WHEN USING THE SERVICES OR OTHERWISE, OR ANY OTHER SIMILAR INFORMATION ABOUT THE INVESTMENT TOOLS TRADED, NOR DOES THE PROVIDER ACCEPT ANY SUCH GUIDANCE, INSTRUCTIONS, OR INFORMATION FROM YOU.NONE OF THE SERVICES CONSTITUTE INVESTMENT ADVICE OR RECOMMENDATIONS. NO EMPLOYEES, STAFF, OR REPRESENTATIVES OF THE PROVIDER ARE AUTHORIZED TO PROVIDE INVESTMENT ADVICE OR RECOMMENDATIONS. SHOULD ANY INFORMATION OR STATEMENT OF ANY EMPLOYEE, STAFF, OR REPRESENTATIVES OF THE PROVIDER BE INTERPRETED AS INVESTMENT ADVICE OR RECOMMENDATIONS, THE PROVIDER EXPLICITLY DISCLAIMS THAT THE SAME IS INVESTMENT ADVICE OR RECOMMENDATIONS AND SHALL NOT BE RESPONSIBLE FOR THEM. 1.7. Your personal data is processed in accordance with the Privacy Policy. 1.8. The meaning of the definitions, expressions, and abbreviations used in these GTC can be found in clause 18. 2. INTRODUCTORY PROVISIONS 2.1. You can order the Services through the Website by completing the appropriate registration or order form. After registration, we will e-mail you the login details for the Client Account and/or Platform and allow you to access them. 2.2. The Services include, among other things, the Free Monthly Trading Contests, FXIFY Challenge, and Verification products; these products may differ in the scope of the Services provided (e.g., by analytical tools available to the Customer). With the Free Monthly Trading Contests, you may use some of the Services within a limited scope and for a limited period free of charge. Completing the Free Monthly Trading Contests does not entitle you to access any other Services. 2.3. All data that you provide to us through the registration or order form, the Client Account, or otherwise must be complete, true, and up to date. You must immediately notify us of any change in your data or update the data in your Client Account. The Customer is responsible for all the provided data being accurate and up to date; the Provider is not obligated to verify the data. 2.4. You acknowledge that if you provide an identification number, tax registration number or other similar information in the registration or order form or in the Client Account, or if you state that you are a legal entity, you will be considered as an entrepreneur (trader) for the purposes of these GTC and when using the Services, and the provisions of these GTC or the applicable law that grant rights to consumers will not apply to you. 2.5. The fee for the FXIFY Challenge varies according to the option selected and depends on the amount of the Account Balance, the degree of the acceptable risk, the parameters that must be fulfilled so that the conditions of the FXIFY Challenge and the subsequent Verification are met, and possibly other configurations. More detailed information on individual options and fees for those options are provided on our Website here. The final fee will be determined based on the option you select when completing the form for ordering the FXIFY Challenge. The Provider reserves the right to also provide the Services under individually agreed conditions. All individually agreed conditions shall be determined by the Provider at its own discretion. Individual discounts and other benefits may not be combined, unless expressly stipulated otherwise by the Provider. 2.6. The fee is paid for allowing you to access the FXIFY Challenge, or the Services provided under the FXIFY Challenge. The Customer is not entitled to a refund of the fee, for example, if the Customer cancels the Customer’s Client Account or requests the cancellation by e-mail, if the Customer terminates the use of the Services or the contract (for example, fails to complete the FXIFY Challenge or the Verification), fails to meet the conditions of the FXIFY Challenge or the Verification, or violates these GTC. 2.7. If the Customer lodges an unjustifiable complaint regarding the paid fee or disputes the paid fee with the Customer’s bank or payment service provider (e.g. 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, the Provider is entitled, at its own discretion, to stop providing to the Customer any services and refuse any future provision of any services. 2.8. Your choice of the option of the FXIFY Challenge that you select when making an order shall also apply to the subsequent Verification. You will start the subsequent Verification and, possibly, other products related thereto, with the parameters and the same currency that correspond to the option of the FXIFY Challenge selected by you. Once you make a selection, it is not possible to change it. If you are ordering a new FXIFY Challenge, the restrictions specified in this clause 2.8 shall not apply. 2.9. The Provider reserves the right to unilaterally change the fees and parameters of the Services at any time. The change does not affect the Services purchased before the change is notified. 2.10. Any data entered in the order form can be checked, corrected, and amended until the binding order of the Services. The order of the Services of your choice is made by choosing the applicable for you phase on the Website. The Provider will immediately confirm the receipt of your order to your e-mail address. In the case of the Free Monthly Trading Contests, the order is completed upon the delivery of the confirmation to your e-mail address, whereby the contract is executed. In the case of the FXIFY Challenge, the order is completed upon the payment of the fee for the selected option, whereby the contract between you and the Provider is executed, the subject of which is the provision of the FXIFY Challenge and, if the conditions of the FXIFY Challenge are met, and the Verification. The contract is concluded in English. We archive the contract in electronic form and do not allow access to it. 2.11. You acknowledge that in order to use our Services, you must obtain the appropriate technical equipment and software, including third-party software (e.g., software for the use of the Platform), at your own risk and expense. The Website is accessible from the 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 Provider does not warrant or guarantee that the Services will be compatible with any specific equipment or software. The Provider does not charge any additional fees for the internet connection. 2.12. You acknowledge that the operators of Platforms are persons or entities different from the Provider and that their own terms and conditions and privacy policies will apply when you use their services and products. Before sending an order form, you are obligated to read those terms and conditions and privacy policies. 2.13. If the Customer places an unusually large number of orders for the Services within an unreasonably short period of time, the Provider may notify the Customer through the Client Account as a protective precaution to mitigate potentially harmful behaviour of the Customer. If such unreasonable behaviour continuous after such notice, we reserve the right to suspend any further orders of the Services by the Customer. If we identify that the unusual behaviour as per this paragraph relates to the Customer’s involvement in Forbidden Trading Practices, we may take respective actions as perceived in Section 5 of this GTC. The Provider reserves the right to determine, at its own discretion, the nature of the behaviour described above and reasonable boundaries for such determination. 3. PAYMENT TERMS 3.1. The amounts of fees for the FXIFY Challenge options are in USD. The fee can also be paid in other currencies that are listed on the Website. If you select any other currency than the USD, the amount of the fee for the selected option of the FXIFY Challenge shall be converted by our rates and it will automatically display your payment total in your chosen currency, so you know how much you are paying before you confirm the order. The Customer acknowledges that if the payment is made in a currency other than the one the Customer has chosen on the Website, the amount will be converted according to the current exchange rates valid at the time of payment. 3.2. Service charges are inclusive of all taxes. If the Customer is an entrepreneur (trader), he is obliged to fulfil all his tax obligations in connection with the use of our Services in accordance with applicable law, and in the event of an obligation, he is obliged to pay tax or other fees properly. 3.3. You can pay the fee for the selected option of the FXIFY Challenge by a payment cardor using other means of payment that the Provider currently offers on the Website. 4. CLIENT ACCOUNT AND PLATFORM 4.1. Only one Client Account is permitted per Customer and all of the Customer’s Services must be maintained in the Client Account. 4.2. Client Account Unless the Provider grants an exception to the Customer, the Account Balance amounts may not be transferred between the individual products or mutually combined. You may also not transfer or combine your performance, Service parameters, data, or any other information between the products. 4.3. Access to the Client Account and Platform is protected by login data, which the Customer may not make available or share with any third party. If the Customer has registered as a legal entity, the Customer may allow the use of the Services through the Customer’s Client Account to the authorized employees and representatives. The Customer is responsible for all activities that are performed through the Customer’s Client Account or Platform. The Provider bears no responsibility, and the Customer is not entitled to any compensation, for any misuse of the Client Account, Platform, or any part of the Services, nor is the Provider responsible for any negative consequences thereof for the Customer, if such misuse occurs for any reasons on the part of the Customer. 4.4. The Customer acknowledges that the Services may not be available around the clock, particularly with respect to maintenance, upgrades, or any other reasons. In particular, the Provider bears no responsibility, and the Customer is not entitled to any compensation, for the unavailability of the Client Account or Platform and for damage or loss of any data or other content that Customer uploads, transfers or saves through the Client Section or Platform. 4.5. The Customer may at any time request the cancellation of the Client Account by sending an e-mail to support@fxify.com. Sending a request for the cancellation of the Client Section is considered as a request for termination of the contract by the Customer, with the Customer being no longer entitled to use the Services, including the Client Account and Platform. The Provider will immediately confirm the receipt of the request to the Customer by e-mail, whereby the contractual relationship between the Customer and the Provider will be terminated. In such a case, the Customer is not entitled to any refund of the fees already paid or costs otherwise incurred. 5. RULES OF DEMO TRADING 5.1. During the demo trading on the Platform, you may perform any transactions, unless these constitute forbidden trading strategies or practices within the meaning of clause 5.4. You also agree to follow good market standard rules and practices for trading on financial markets (e.g., risk management rules). Restrictions may also be imposed by the trading conditions of the Platform that you have selected for trading. 5.2. You acknowledge that the Provider has access to information about the demo trades that you perform on the Platform. You grant the Provider your consent to share this information with persons/entities who are in a group with the Provider or who are otherwise affiliated with the Provider, and you grant the Provider and these persons/entities your consent and authorization to handle this information at their own will. You agree that these activities may be performed automatically without any further consent, consultation, or approval on your part being necessary, and that you are not entitled to any remuneration or revenue associated with the use of the data by the Provider. The Provider is aware that you do not provide the Provider with any investment advice or recommendations through your demo trading. You acknowledge that you may suspend your demo trading on the Platform at any time. 5.3. The Provider bears no responsibility for the information displayed on the Platform, nor for any interruption of, or delay or inaccuracy in the market information displayed through your Client Account. 5.4. FORBIDDEN TRADING PRACTICES. 5.4.1. DURING THE DEMO TRADING, IT IS PROHIBITED TO: 5.4.1.1. KNOWINGLY OR UNKNOWINGLY USE TRADING STRATEGIES THAT EXPLOIT ERRORS IN THE SERVICES SUCH AS ERRORS IN DISPLAY OF PRICES OR DELAY IN THEIR UPDATE; 5.4.1.2. PERFORM TRADES USING AN EXTERNAL OR SLOW DATA FEED; 5.4.1.3. PERFORM, ALONE OR IN CONCERT WITH ANY OTHER PERSONS, INCLUDING BETWEEN CONNECTED ACCOUNTS, OR ACCOUNTS HELD WITH DIFFERENT FXIFY ENTITIES, TRADES OR COMBINATIONS OF TRADES THE PURPOSE OF WHICH IS TO MANIPULATE TRADING, FOR EXAMPLE BY SIMULTANEOUSLY ENTERING INTO OPPOSITE POSITIONS; 5.4.1.4. PERFORM TRADES IN CONTRADICTION WITH THE TERMS AND CONDITIONS OF THE PROVIDER AND THE PLATFORM; (e) USE ANY SOFTWARE, 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; 5.4.1.5. PERFORM GAP TRADING BY OPENING TRADE(S): WHEN MAJOR GLOBAL NEWS, MACROECONOMIC EVENT OR CORPORATE REPORTS OR EARNINGS (“EVENTS”), THAT MIGHT AFFECT THE RELEVANT FINANCIAL MARKET (I.E. MARKET THAT ALLOWS TRADING OF FINANCIAL INSTRUMENTS THAT MIGHT BE AFFECTED BY THE EVENTS), ARE SCHEDULED; AND 2 HOURS OR LESS BEFORE A RELEVANT FINANCIAL MARKET IS CLOSED FOR 2 HOURS OR LONGER; OR 5.4.1.6. OTHERWISE PERFORM TRADES IN CONTRADICTION WITH HOW TRADING IS ACTUALLY PERFORMED IN THE FOREX MARKET OR IN ANY OTHER FINANCIAL MARKET, OR IN A WAY THAT ESTABLISHES JUSTIFIED CONCERNS THAT THE PROVIDER MIGHT SUFFER FINANCIAL OR OTHER HARM AS A RESULT OF THE CUSTOMER’S ACTIVITIES (E.G. OVERLEVERAGING, OVEREXPOSURE, ONE-SIDED BETS, ACCOUNT ROLLING). 5.4.2. As our customer, you should understand and agree that all our Services are for Customer’s personal use only, meaning that only you personally can access your FXIFY Challenge and Verification accounts and perform trades. For that reason, you should not, and you agree not to, allow access to and trading on your FXIFY Challenge and Verification accounts by any third party nor you shall engage or cooperate 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; access any third-party FXIFY Challenge and Verification accounts, trade on behalf of any third party or perform any account management or similar services, where you agree to trade, operate or manage the FXIFY Challenge and Verification accounts on behalf of another user, all whether performed as a professional or otherwise. Please note that if you act or behave in contradiction with the aforesaid, we will consider such action/behaviour as a Forbidden Trading Practice under Section 5.4. with respective consequences as perceived under this GTC. 5.4.3. Furthermore, Customer shall not exploit the Services by performing trades without applying market standard risk management rules for trading on financial markets, this includes, among others, the following practices (i) opening substantially larger position sizes compared to Customer’s other trades, whether on this or any other Customer’s account, or (ii) opening substantially smaller or larger number of positions compared to Customer’s other trades, whether on this or any other Customer’s account. The Provider reserves the right to determine, at its own discretion, whether certain trades, practices, strategies, or situations are Forbidden Trading Practices. 5.5. If the Customer engages in any of the Forbidden Trading Practices described in clause 5.4, (i) the Provider may consider it as a failure to meet the conditions of the particular FXIFY Challenge or Verification, (ii) the Provider may 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, or (iii) to immediately cancel all Services provided to the Customer and subsequently terminate this contract. 5.6. In case when some or all Forbidden Trading Practices are executed on one or more FXIFY Challenge and Verification accounts of one Customer, or accounts of various Customers, or by combining trading through FXIFY Challenge and Verification accounts and FXIFY Trader accounts, then the Provider is entitled to cancel all Services and terminate all respective contracts related to any and all Customer’s FXIFY Challenge and Verification accounts and/or apply other measures in Clause 5.5. The Provider may exercise any and all actions in Clauses 5.5 and 5.6 at its own discretion. 5.7. If any FXIFY Trader accounts were used for or were involved in the Forbidden Trading Practices, this may and will constitute a breach of respective terms and conditions for FXIFY Trader account with third-party provider and may result in cancellation of all such user accounts and termination of respective agreements by the third-party provider. 5.8. If the Customer engages in any of the practices described in clause 5.4 repeatedly, and the Provider has previously notified the Customer thereof, the Provider may prevent the Customer from accessing all Services or their parts, including access to the Client Section and Platform, without any compensation. In such a case, the Customer is not entitled to a refund of the fees paid. 5.9. The Provider does not bear any responsibility for trading or other investment activities performed by the Customer outside the relationship with the Provider, for example by using data or other information from the Client Account, Platform, or otherwise related to the Services in real trading on financial markets, not even if the Customer uses for such trading the same Platform that the Customer uses for demo trading. 5.10. DEVELOPMENTS IN FINANCIAL MARKETS ARE SUBJECT TO FREQUENT AND ABRUPT CHANGES. TRADING ON FINANCIAL MARKETS MAY NOT BE PROFITABLE AND CAN LEAD TO SIGNIFICANT FINANCIAL LOSSES. ANY PREVIOUS PERFORMANCES AND PROFITS OF THE CUSTOMER’S DEMO TRADING ARE NOT A GUARANTEE OR INDICATION OF ANY FURTHER PERFORMANCE. 6. FXIFY CHALLENGE AND VERIFICATION 6.1. After paying the fee for the selected option of the FXIFY Challenge, the Customer will receive the relevant login data for the Platform at the e-mail address provided by the Customer or in the Client Account. The Customer activates the FXIFY Challenge by opening the first demo trade in the Platform. YOU ACKNOWLEDGE THAT, BY OPENING THE FIRST DEMO TRADE, YOU EXPRESSLY DEMAND THE PROVIDER TO PROVIDE COMPLETE SERVICES. IF YOU ARE A CONSUMER, IT MEANS THE COMPLETION OF SERVICES BEFORE THE EXPIRY OF THE PERIOD FOR WITHDRAWAL FROM THE CONTRACT, WHICH AFFECTS YOUR RIGHT TO WITHDRAW FROM THE CONTRACT, AS SPECIFIED IN MORE DETAIL IN CLAUSE 12. If you do not activate the FXIFY Challenge within 30 calendar days of the date on which it was made available to you, your access to it will be suspended. You can request the renewal of access via the Client Account or by sending an e-mail to support@fxify.com within 6 months of the initial suspension, otherwise we will terminate the provision of the Services without any right to a refund of the fee. 6.2. In order for the Customer to meet the conditions of the FXIFY Challenge, the Customer must fulfil all of the parameters as stipulated on the Website. 6.3. If the Customer has met the conditions of the FXIFY Challenge as stipulated on the Website, and at the same time has not violated these GTC, in particular the rules of demo trading under clause 5.4, the Provider will evaluate the FXIFY Challenge as successful and will make the Verification available to the Customer free of charge by sending login details to the Customer’s e-mail address or Client Account. The Provider does not have to evaluate the FXIFY Challenge if the Customer has not closed all trades. 6.4. The Customer activates the Verification by opening the first demo trade in the Trading Platform. If the Customer does not activate the Verification within 30 calendar days from the day on which the Customer received the new login data, the Customer’s access to the Verification will be suspended. The Customer may request the renewal of access via the Client Account or by sending an e-mail to support@FXIFY.com within 6 months of the suspension, otherwise we will terminate the provision of the Services without any right to a refund. 6.5. In order for the Customer to meet the conditions of the Verification, the Customer must fulfil all of the parameters as stipulated on the Website . If the above conditions are met, the Provider will evaluate the Verification as successful and will recommend the Customer as a candidate for FXIFY Trader program. The Provider does not have to evaluate the Verification if the Customer has not closed all transactions. 6.6. If during the FXIFY Challenge the Customer does not comply with some of the conditions specified in clause 6.2, the FXIFY Challenge will be evaluated as unsuccessful, and the Customer will not be allowed access to the subsequent Verification. If during the Verification the Customer does not comply with any of the conditions specified in clause 6.5, the Verification will be evaluated as unsuccessful, and the Customer will not be recommended as a candidate for the FXIFY Trader program. In such cases, the Customer’s account and Services will be cancelled without refund of fees already paid. 6.7. Provider recommending Customer as a candidate for the FXIFY Trader Program in no way guarantees Customer’s acceptance into the FXIFY Trader Program. The Provider is not responsible for Customer being rejected by the FXIFY Trader Program for any or no reason. 7. FXIFY TRADER If the Customer is successful in both the Challenge and Verification, the Customer may be offered a contract by a third-party company, in its sole discretion to participate in the FXIFY Trader Program. The terms, conditions, and agreement between the Customer and a third-party company are strictly between the Customer and the third-party company. Timios Global Markets Ltd is in no way involved with the FXIFY Trader Program agreement or lack thereof executed between the third-party company and the Customer. The Customer acknowledges their personal data may be shared with a third-party company for purposes of considering offering such a contract. 8. USE OF THE WEBSITE, SERVICES AND OTHER CONTENT 8.1. The Website and all Services, including the Client Account, their appearance and all applications, data, information, multimedia elements such as texts, drawings, graphics, design, icons, images, audio and video samples, and any other content that may form the Website and the Services (collectively as the “Content”), are subject to legal protection pursuant to copyright laws and other legal regulations and are the property of the Provider or the Provider’s licensors. The Provider grants you limited, non-exclusive, non-transferable, non-assignable, non-passable, and revocable permission to use the Content for the purpose of using the Services for your personal use and in accordance with the purpose for which the Services are provided. The Content is not sold or otherwise transferred to you and remains the property of the Provider or the Provider’s licensors. 8.2. All trademarks, logos, trade names, and other designations are the property of the Provider or Provider’s licensors, and the Provider does not grant you any authorization to use them. 8.3. Both the Customer and the Provider undertake to act in accordance with the principles of fair dealing in the performance of the contract and in mutual negotiations and, in particular, not to damage the good reputation and legitimate interests of the other party. The Customer and the Provider will resolve any possible disagreements or disputes between them in accordance with these GTC and the parties agree that the law of Labuan will govern the performance and interpretation of their agreement and disputes arising under it. 8.4. Any legal relations established by these GTC or related to them, as well as any related on-contractual legal relations, shall be governed by the laws of the Labuan. Any dispute that may arise in connection with these GTC and/or related agreements will fall within the jurisdiction of the Labuan courts having local jurisdiction according to the registered office of the Provider. 8.5. Except for the rights expressly set out in these GTC, the Provider does not grant you any other rights relating to the Services and other Content. You may only use the Services and other Content as set out in these GTC. 8.6. When accessing the Services and other Content, the following is prohibited: 8.6.1. to use any tools that may adversely affect the operation of the Website and Services or that would be intended to take advantage of errors, bugs or other deficiencies of the Website and Services; 8.6.2. to circumvent geographical restrictions of availability or any other technical restrictions; 8.6.3. to make copies or back-ups of the Website and other Content; 8.6.4. to reverse-engineer, decompile, disassemble or otherwise modify the Website and other Content; 8.6.5. to sell, rent, lend, license, distribute, reproduce, spread, stream, broadcast or use the Services or other Content otherwise than as permitted; 8.6.6. to use automated means to view, display or collect information available through the Website or Services; and 8.6.7. to use any other tools or means the use of which could cause any damage to the Provider. 8.7. The provisions of clause 8 are not intended to deprive the Customer of the Customer’s consumer rights which cannot be excluded by law. 9. DISCLAIMER 9.1. YOU ACKNOWLEDGE THAT THE SERVICES AND OTHER CONTENT ARE PROVIDED “AS IS” WITH ALL THEIR ERRORS, DEFECTS AND SHORTCOMINGS, AND THAT THEIR USE IS AT YOUR SOLE RESPONSIBILITY AND RISK. TO THE MAXIMUM EXTENT PERMITTED BY THE MANDATORY LAWS, THE PROVIDER DISCLAIMS ANY STATUTORY, CONTRACTUAL, EXPRESS, AND IMPLIED WARRANTIES OF ANY KIND, INCLUDING ANY WARRANTY OF QUALITY, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT OF ANY RIGHTS. 9.2. TO THE EXTENT PERMITTED BY THE MANDATORY PROVISIONS OF THE APPLICABLE LAWS, THE PROVIDER IS NOT RESPONSIBLE FOR ANY HARM, INCLUDING ANY INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGES, INCLUDING LOST PROFIT, LOSS OF DATA, PERSONAL OR OTHER NON-MONETARY HARM OR PROPERTY DAMAGE CAUSED AS A RESULT OF USE OF THE SERVICES OR RELIANCE ON ANY TOOL, FUNCTIONALITY, INFORMATION OR ANY OTHER CONTENT AVAILABLE IN CONNECTION WITH THE USE OF THE SERVICES OR ELSEWHERE ON THE WEBSITE. THE PROVIDER ISNOT RESPONSIBLE FOR ANY PRODUCTS, SERVICES, APPLICATIONS OR OTHER THIRD- PARTY CONTENT THAT THE CUSTOMER USES IN CONNECTION WITH THE SERVICES. IN CASE THE PROVIDER’S LIABILITY IS INFERRED IN CONNECTION WITH THE OPERATION OF THE WEBSITE OR PROVISION OF THE SERVICES BY A COURT OF JUSTICE OR ANY OTHER COMPETENT AUTHORITY, THIS LIABILITY SHALL BE LIMITED TO THE AMOUNT CORRESPONDING TO THE FEE PAID BY THE CUSTOMER FOR THE SERVICES IN CONNECTION WITH WHICH THE CUSTOMER HAS INCURRED THE LOSS. 9.3. The Provider reserves the right to modify, change, replace, add, or remove any elements and functions of the Services at any time without any compensation. 9.4. The Provider is not responsible for its failure to provide the purchased Services if that failure occurs due to serious technical or operational reasons beyond the Provider’s control, in the case of any crisis or imminent crisis, natural disaster, war, insurrection, pandemic, a threat to a large number of people or other force majeure events, and/or if the Provider is prevented from providing the Services as a result of any obligations imposed by law or a decision of a public authority. 9.5. The provisions of Clause 9 are not intended to deprive the Customer of the Customer’s consumer or other rights that cannot be excluded by law. 10. VIOLATION OF THE GTC IF THE CUSTOMER VIOLATES ANY PROVISION OF THESE GTC IN A MANNER THAT MAY CAUSE ANY HARM TO THE PROVIDER, IN PARTICULAR, IF THE CUSTOMER ACCESSES THE SERVICES IN CONFLICT WITH CLAUSE 1.3 OR 1.4, IF THE CUSTOMER PROVIDES INCOMPLETE, UNTRUE OR NON-UPDATED INFORMATION IN CONFLICT WITH CLAUSE 2.3, IF THE CUSTOMER ACTS IN A MANNER THAT MAY DAMAGE THE PROVIDER’S GOOD REPUTATION, IF THE CUSTOMER VIOLATES THE DEMO TRADING RULES PURSUANT TO CLAUSE 5.4, IF THE CUSTOMER ACTS IN CONFLICT WITH CLAUSE 8.3, AND/OR IF THE CUSTOMER PERFORMS ANY OF THE ACTIVITIES REFERRED TO IN CLAUSE 8.5, THE PROVIDER MAY PREVENT THE CUSTOMER FROM ORDERING ANY OTHER SERVICES AND COMPLETELY OR PARTIALLY RESTRICT THE CUSTOMER’S ACCESS TO ALL OR ONLY SOME SERVICES, INCLUDING ACCESS TO THE CLIENT ACCOUNT AND TRADING PLATFORM, WITHOUT ANY PRIOR NOTICE AND WITHOUT ANY COMPENSATION. 11. COMMUNICATION 11.1. You acknowledge that all communication from the Provider or its partners in connection with the provision of Services will take place through the Client Account or your e-mail address, which you register with us. Written electronic communication by e-mail or through the Client Account is also considered to be written communication. 11.2. Our contact e-mail address is support@fxify.com and our contact address is 1-13(A), First Floor, Paragon, Jalan Tun Mustapha, 87009 Labuan F.T. 12. RIGHT TO WITHDRAW FROM A CONTRACT 12.1. If you are a consumer, you have the right to withdraw from a contract without giving a reason within 14 days of its execution (see clause 2.10 for details on the time of execution of the agreement). PLEASE NOTE THAT IF YOU START PERFORMING DEMO TRADES BEFORE THE EXPIRY OF THE SPECIFIED TIME LIMIT, YOU LOSE YOUR RIGHT TO WITHDRAW FROM THE CONTRACT. 12.2. Your withdrawal from the contract must be made via the Trading Platform within the specified time limit. We will confirm the receipt of the form to you in text form without undue delay. If you withdraw from the contract, we will refund you without undue delay (no later than 14 days after your withdrawal from the contract) all fees we have received from you, in the same way in which you paid them. 12.3. The Provider is entitled to withdraw from the contract in the case of any breach by the Customer specified in Clause 10. The withdrawal has effect from the day of its delivery to the e-mail address of the Customer or through the Client Account. 13. DEFECTIVE PERFORMANCES 13.1. If the Services do not correspond to what was agreed or have not been provided to you, you can exercise your rights from defective performance. The Provider does not provide any guarantee for the quality of the services. You must notify us of the defect without undue delay at our e-mail address or at our address listed in clause 11.2. When exercising the rights from defective performance, you may request that we remedy the defect or provide you with a reasonable discount. If the defect cannot be remedied, you can withdraw from the contract or claim a reasonable discount. 13.2. We will try to resolve any complaint you may lodge as soon as possible (no later than within 30 calendar days), and we will confirm its receipt and settlement to you in writing. If we do not settle the complaint in time, you have the right to withdraw from the contract. You can file a complaint by sending an e-mail to our e-mail address support@fxify.com. 14. CHANGES TO THE GTC 14.1. The Provider reserves the right to change these GTC from time to time with effect for the contract previously entered into by the Customer. The Provider will notify the Customer of the change in the GTC at least 7 days before the change in the GTC is effective, via the Client Account or by e-mail. If the Customer does not agree with the change, the Customer is entitled to reject it. The Customer must do so no later than on the last business day before these changes take effect by sending the rejection to our e-mail address support@fxify.com. Upon receiving such rejection, the contract will be terminated. If the Customer does not reject the change, it is considered that the Customer agrees to the new version of GTC. 14.2. If the change offers the Customer a new service or other additional functionalities or this change is solely to their advantage, the Provider can inform the Customer about this change less than 7 days before the effective date of such change, but no later than the day before its effectiveness. 14.3. The Provider will mainly change these GTC for the following reasons: 14.3.1. to introduce new services or products or amend existing services or products; 14.3.2. to reflect legal or regulatory requirements that apply to the Provider; 14.3.3. when the Provider will try to make these GTC easier to understand or more helpful to the Customer; 14.3.4. to adjust the way our Services are provided, particularly if the change is needed because of a change in the way the technology is provided or background processes; 14.3.5. to reflect changes in the cost of running our business. 15. FINAL PROVISIONS 15.1. The Provider has not adopted any consumers codes of conduct. 15.2. These GTC constitute the complete terms and conditions agreed between you and the Provider and supersede all prior agreements relating to the subject matter of the GTC, whether verbal or written. 15.3. Nothing in these GTC is intended to limit any legal claims set out elsewhere in these GTC or arising from the applicable law. If the Provider or any third party authorized thereto does not enforce the compliance with these GTC, this can in no way be construed as a waiver of any right or claim. 15.4. The Provider may assign any claim arising to the Provider from these GTC or any agreement to a third party without your consent. You agree that the Provider may, as the assignor, transfer its rights and obligations under these GTC or any agreement or parts thereof to a third party. The Customer is not authorized to transfer or assign the Customer’s rights and obligations under these GTC or any agreements or parts thereof, or any receivables arising from them, in whole or in part, to any third party. 15.5. If any provision of the GTC is found to be invalid or ineffective, it shall be replaced by a provision whose meaning is as close as possible to the invalid provision. The invalidity or ineffectiveness of one provision shall not affect the validity of the other provisions. No past or future practice established between the parties and no custom maintained in general or in the industry relating to the subject-matter of the performance, which is not expressly referred to in the GTC, shall be applied and no rights and obligations shall be derived from them for the parties; in addition, they shall not be taken into account in the interpretation of manifestations of the will of the parties. 15.6. The schedules to the GTC form integral parts of the GTC. In the event of a conflict between the wording of the main text of the GTC and any schedule thereof, the main text of the GTC shall prevail. 15.7. Prior to the mutual acceptance of these GTC, the parties have carefully assessed the possible risks arising from them and accept those risks. 16. DEFINITIONS, EXPRESSIONS AND ABBREVIATIONS USED 16.1. For the purposes of the GTC, the following definitions shall have the following meanings: 16.1.1. “Client Account” means the user interface located on the Website; 16.1.2. “Content” means the Website and all Services, including the Client Section, their appearance and all applications, data, information, multimedia elements such as texts, drawings, graphics, design, icons, images, audio and video samples and other content that may form the Website and the Services (as set out in clause 8.1); 19.1.3. “Customer” means the user of the Services (as set out in clause 1.1); 16.1.3. “Events” means events as set out in clause 5.4.1; 16.1.4. “FXIFY Challenge and Verification account” means trading accounts related to trading education courses provided as part of the Services by the Provider; 16.1.5. “FXIFY Trader account” means a trading account, which relates to the FXIFY Trader program provided by a third-party provider; 16.1.6. “Forbidden Trading Practices” means trading practices strictly forbidden while using our Services and are more detailed in Section 5.4 of these GTC; 16.1.7. “GTC” means these General Terms and Conditions of FXIFY; 16.1.8. “Provider” means the provider of certain Services (as set out in clause 1.1); 16.1.9. “Services” means the Provider’s services as set out in clauses 1.1 and 1.5; 16.1.10. “Trading Platform” means an electronic interface provided by a third party in which the Customer performs the demo trading; and 16.1.11. “Website” means the website www.fxify.com. 16.2. For the purposes of the GTC and their schedules, the following expressions and abbreviations shall have the following meanings: 16.2.1. “Calendar Day” means the period from midnight to midnight of the time currently valid in the Labuan; 16.2.2. “Initial Capital” means a fictitious amount that the Customer has chosen when selecting the option of the FXIFY Challenge and which the Customer will use to perform demo trading;
So, if I understand correctly, these folks are located in Malaysia, though probably just a bit southwest of where I indicated on the map... ...in the Labuan Federal Territory: CANCELLATION The Customer may at any time request the cancellation of the Client Account by sending an e-mail to support@fxify.com. Sending a request for the cancellation of the Client Section is considered as a request for termination of the contract by the Customer, with the Customer being no longer entitled to use the Services, including the Client Account and Platform. The Provider will immediately confirm the receipt of the request to the Customer by e-mail, whereby the contractual relationship between the Customer and the Provider will be terminated. In such a case, the Customer is not entitled to any refund of the fees already paid or costs otherwise incurred. FORBIDDEN TRADING PRACTICES DURING THE DEMO TRADING, IT IS PROHIBITED TO... KNOWINGLY OR UNKNOWINGLY USE TRADING STRATEGIES THAT EXPLOIT ERRORS IN THE SERVICES SUCH AS ERRORS IN DISPLAY OF PRICES OR DELAY IN THEIR UPDATE PERFORM TRADES USING AN EXTERNAL OR SLOW DATA FEED PERFORM, ALONE OR IN CONCERT WITH ANY OTHER PERSONS, INCLUDING BETWEEN CONNECTED ACCOUNTS, OR ACCOUNTS HELD WITH DIFFERENT FXIFY ENTITIES, TRADES OR COMBINATIONS OF TRADES THE PURPOSE OF WHICH IS TO MANIPULATE TRADING, FOR EXAMPLE BY SIMULTANEOUSLY ENTERING INTO OPPOSITE POSITIONS PERFORM TRADES IN CONTRADICTION WITH THE TERMS AND CONDITIONS OF THE PROVIDER AND THE PLATFORM; (e) USE ANY SOFTWARE, 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 PERFORM GAP TRADING BY OPENING TRADE(S): WHEN MAJOR GLOBAL NEWS, MACROECONOMIC EVENT OR CORPORATE REPORTS OR EARNINGS (“EVENTS”), THAT MIGHT AFFECT THE RELEVANT FINANCIAL MARKET (I.E. MARKET THAT ALLOWS TRADING OF FINANCIAL INSTRUMENTS THAT MIGHT BE AFFECTED BY THE EVENTS), ARE SCHEDULED; AND TWO HOURS OR LESS BEFORE A RELEVANT FINANCIAL MARKET IS CLOSED FOR TWO HOURS OR LONGER; OR OTHERWISE PERFORM TRADES IN CONTRADICTION WITH HOW TRADING IS ACTUALLY PERFORMED IN THE FOREX MARKET OR IN ANY OTHER FINANCIAL MARKET, OR IN A WAY THAT ESTABLISHES JUSTIFIED CONCERNS THAT THE PROVIDER MIGHT SUFFER FINANCIAL OR OTHER HARM AS A RESULT OF THE CUSTOMER’S ACTIVITIES (E.G. OVERLEVERAGING, OVEREXPOSURE, ONE-SIDED BETS, ACCOUNT ROLLING). Furthermore, Customer shall not exploit the Services by performing trades without applying market standard risk management rules for trading on financial markets, this includes, among others, the following practices (i) opening substantially larger position sizes compared to Customer’s other trades, whether on this or any other Customer’s account, or (ii) opening substantially smaller or larger number of positions compared to Customer’s other trades, whether on this or any other Customer’s account. The Provider reserves the right to determine, at its own discretion, whether certain trades, practices, strategies, or situations are Forbidden Trading Practices. If you do not activate the FXIFY Challenge within 30 calendar days of the date on which it was made available to you, your access to it will be suspended. You can request the renewal of access via the Client Account or by sending an e-mail to support@fxify.com within 6 months of the initial suspension, otherwise we will terminate the provision of the Services without any right to a refund of the fee. If the Customer is successful in both the Challenge and Verification, the Customer may be offered a contract by a third-party company, in its sole discretion to participate in the FXIFY Trader Program. The terms, conditions, and agreement between the Customer and a third-party company are strictly between the Customer and the third-party company. Timios Global Markets Ltd is in no way involved with the FXIFY Trader Program agreement or lack thereof executed between the third-party company and the Customer. The Customer acknowledges their personal data may be shared with a third-party company for purposes of considering offering such a contract. If you are a consumer, you have the right to withdraw from a contract without giving a reason within 14 days of its execution. PLEASE NOTE THAT IF YOU START PERFORMING DEMO TRADES BEFORE THE EXPIRY OF THE SPECIFIED TIME LIMIT, YOU LOSE YOUR RIGHT TO WITHDRAW FROM THE CONTRACT. Your withdrawal from the contract must be made via the Trading Platform within the specified time limit. We will confirm the receipt of the form to you in text form without undue delay. If you withdraw from the contract, we will refund you without undue delay (no later than 14 days after your withdrawal from the contract) all fees we have received from you, in the same way in which you paid them. We will try to resolve any complaint you may lodge as soon as possible (no later than within 30 calendar days), and we will confirm its receipt and settlement to you in writing. If we do not settle the complaint in time, you have the right to withdraw from the contract. You can file a complaint by sending an e-mail to our e-mail address support@fxify.com. The Provider reserves the right to change these GTC from time to time with effect for the contract previously entered into by the Customer. The Provider will notify the Customer of the change in the GTC at least 7 days before the change in the GTC is effective, via the Client Account or by e-mail. If the Customer does not agree with the change, the Customer is entitled to reject it. The Customer must do so no later than on the last business day before these changes take effect by sending the rejection to our e-mail address support@fxify.com. Upon receiving such rejection, the contract will be terminated. If the Customer does not reject the change, it is considered that the Customer agrees to the new version of GTC. If the change offers the Customer a new service or other additional functionalities or this change is solely to their advantage, the Provider can inform the Customer about this change less than 7 days before the effective date of such change, but no later than the day before its effectiveness. Our contact e-mail address is support@fxify.com and our contact address is 1-13(A), First Floor, Paragon, Jalan Tun Mustapha, 87009 Labuan F.T.
What strategies can I use at FXIFY™? You are allowed to use any trading style that you wish. We understand that every trader has different strategies and therefore do not restrict your trading style. We also allow hedging, algorithmic trading, EAs, etc. As long as your trading is legitimate, conforms to the real market conditions and we can replicate your trades on our live corporate accounts, there is no limitation to your trading style or strategy. We also do not even impose any limits on instruments or position sizes that you trade. You can trade all the instruments and assets that are available in your trading platform (Forex, Indices, Commodities, Stocks, Crypto,…). If your trading strategy is profitable while respecting the rules, we're happy to see your profit with us. Grid Trading is allowed (T & C apply ) Martingale is allowed (T & C apply ) If you intend to use trading robots (Expert Advisors – EAs), keep in mind that if you use an EA from a third party, there might be other traders already using the same EA and therefore the same strategy. By using a third-party EA, you potentially run a risk of being denied the FXIFY™ Account. If you are unsure if your EA is prohibited you can email us at support@fxify.com(subject title EA verification) and the team will review it. The following trading strategies are forbidden: Account Sharing or Account Sale Traders are restricted from the sharing of accounts or the re-sale of Funded accounts from one owner to another for any reason. Account sharing and the selling of accounts are strictly prohibited and will result in the immediate breach of your account(s) and being banned from our services as this behaviour goes against FXIFY™ Terms of Use. High-Frequency Trading (HFT) High-Frequency Trading (HFT) refers to the use of advanced computer algorithms and high-speed telecommunications networks to execute large numbers of trades in fractions of a second. HFT is prohibited as it can lead to market manipulation, unfair advantages, and can cause instability in the market. Any trader found to be engaging in HFT will breach the FXIFY™ Terms of Use and lose the ability to trade on our platform. All traders are expected to use our platform fairly and honestly and to comply with all laws, regulations, and the FXIFY™ Terms of Use. Trading in US-Sanctioned Countries! Traders are restricted from logging in and raising orders in OFAC-sanctioned countries. (OFAC stands for Office of Foreign Assets Control, which is a U.S. Treasury Department agency that enforces economic sanctions based on foreign policy. OFAC sanctions can be selective or comprehensive, and can target specific people or groups, or block governments. Sanctions can include freezing assets and trade, or blocking assets owned by criminals.) SWAP-FREE ACCOUNTS Swap fees, also known as overnight financing costs or rollover fees, are charges applied by forex brokers for holding positions overnight. They are very important for this reason: Cost of Financing: Swap fees reflect the cost of financing leveraged positions in the forex market. When you trade on margin (borrowed funds), you effectively borrow one currency to buy another. The interest rate differential between the two currencies determines the swap rate. If you're trading a currency with a higher interest rate against one with a lower rate, you may receive a credit (positive swap); conversely, you may incur a charge. Unfortunately, at this time, FXIFY does not offer swap-free accounts. We understand that this may be inconvenient for some of our users who prefer this type of account, but we are always looking for ways to improve our services and may consider adding this option in the future. Thank you for your understanding and please let us know if you have any further questions or concerns.
What is the best prop firm trading in your opinion? The best prop firm is by trading your time for a salaried job. Then saving money to open an account at a legitimate place.