thePropTrade

General Terms and Conditions

Protecting the privacy and safeguarding the personal and information of our Customers and website visitors is one of our highest priorities.

Please read these General Terms and Conditions (the “GTC”) carefully, they govern rights and obligations in connection with the use of services provided by Quantelite – Fzco as described below (the “Services”), offered mainly through the www.theproptrade.com website (the “Website”).

You are under no obligation to use the Services if you do not agree or understand any portion of these GTCs, nor should you use the Services unless you understand and agree to these GTCs.

1. INTRODUCTION

1.1.  These terms govern your (“you”, “your”, or the “Customer”) rights and obligations in connection with the use of the Services provided by Quantelite – Fzco, with its registered office at Unit 45679-001, IFZA Business Park, Dubai Silicon Oasis, United Arab Emirates, company`s registration number DSO-FZCO-43496: (“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. These terms form an integral part of such a contract and, by executing the contract with the Provider, you express your agreement to these terms.

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

  • is of nationality or is residing in Restricted Jurisdictions;
  • is established or incorporated or has a registered office in Restricted Jurisdictions;
  • is subject to the relevant international sanctions; or
  • 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.  Your personal data is processed in accordance with the Privacy Policy.

1.6.  The definitions, expressions, and abbreviations used in these terms can be found in Clause 2.

1.7.  The contract is concluded in English and English will be the prevailing language in the case of a dispute. The Provider archives the contract in electronic form.

2. DEFINITIONS, EXPRESSIONS AND ABBREVIATIONS

The definitions and rules of interpretation in this clause 2 apply in these GTCs:

2.1.thePropTrade Portal” means the user interface located at the Website;
2.2.Customer” means the user of the Services;
2.3.Economic Calendar” means the calendar which refers to the scheduled dates of upcoming events, data releases and announcements that may affect the financial market.
2.4. “Calendar Day” means the period from midnight to midnight of the time currently valid in the UK.
2.5.Initial Capital” means a fictitious amount that the Customer has
chosen when selecting the option of thePropTrade Evaluation and which the Customer will use to perform simulated trading;
2.6.GTCs” means these General Terms and Conditions;
2.7.Trading Platform” means an electronic interface provided by the third party in which the Customer performs the simulated trading;
2.8.Website” means the website https://theproptrade.com/

3. SERVICES AND ORDER PROCESS

3.1.  Services can be requested via the Website by completing the appropriate registration or order form. Once registered, you will receive login details for thePropTrade Portal and/or Trading Platform.

3.2.  The Services encompass various products, including the Express, Standard and Pro Evaluation. Each of these products may vary in terms of the scope of services provide.

3.3.  All information you provide through the registration or order form, thePropTrade Portal, or otherwise, must be complete, accurate and up to date. You are obliged to promptly inform us of any data changes or update them in the Portal. The Customer is responsible for all the provided data being accurate and up to date; we are not obligated to verify the data.

3.4.  Providing an identification or tax number, or indicating you are a legal entity, means you will be treated as a trader (entrepreneur) for these GTCs and Service usage purposes, and consumer rights under these GTCs or applicable law that grants rights to consumers will not apply to you.

3.5.  Fees for thePropTrade Evaluation products vary based on chosen options, initial simulated capital amount and evaluation conditions. Details on options and fees can be found on our website here. We may also offer Services under individually negotiated terms, determined at its discretion. Individual discounts and benefits cannot be combined unless we explicitly allow it.

3.6.  You pay the fee to allow you to access to thePropTrade Evaluation, and/or the services associated with it. You have a right to withdraw from the contract, see Clause 13. Unless you withdraw from the contract as per the conditions listed in Clause 13, you are not entitled for a refund.

3.7.  If you unjustly dispute the fee with your bank or payment service provider, leading to a fee annulment, cancellation, or refund request, the Provider will cease providing any services to you and may refuse future service provisions.

3.8.  Any add-ons purchased for the evaluation option also applies to the subsequent Evaluation, with the same parameters. Once selected, this cannot be changed.

3.9.  We retain the right to unilaterally alter the fees and parameters of the Services at any given time, which includes modifying the criteria for their successful completion.

3.10. To place an order for the Services you desire, you need to submit the completed order form. Once we receive your order, we will send you a confirmation to your registered email address. The order is finalized once we receive the fee for your chosen option, thus formalizing the contract between you and us. This contract is established in English and is stored electronically. The new version of this GTC will be available on the Website. Accepted versions can be obtained by contacting us.

3.11. You acknowledge that using our Services requires you to have the necessary technical equipment and software, including third-party software (for example the Trading Platform), which you must acquire at your own risk and expense. Our Website is compatible with most commonly used web browsers. You are responsible for obtaining internet access, purchasing necessary equipment, and ensuring your web browser is up-to-date, all at your own risk and cost. The Provider does not guarantee that the Services will work with any specific hardware or software, nor do we impose any extra fees for your internet connection.

3.12. Be aware that trading platform operators are independent from the Provider and have their own terms, conditions, and privacy policies. You are obliged to review these before submitting your order form.

3.13. If you place unusually large number of orders in a short time, we may notify you as a precaution against potentially harmful behavior. Persistent unreasonable behavior may lead to suspension of further orders. If such behavior is related to Forbidden Trading Practices, actions per Clause 7 of these GTCs may be taken. The Provider has discretion over defining and determining the nature and boundaries of such behavior.

4. PAYMENTS TERMS

4.1.  The fee amounts for thePropTrade products are listed in USD.

4.2.  Service charges are inclusive of all taxes. If the Customer is a legal entity, they are responsible for fulfilling all tax obligations related to the use of our Services as per applicable laws. This includes the proper payment of any taxes or other fees, if applicable.

4.3.  The fee for the chosen Evaluation option can be paid via a payment card, or using other payment means offered by the Provider.

4.4.  In cases the payment is made using a payment card or another instant payment method, the payment should be completed immediately. Fees are considered paid once fully credited to the Company`s account. Any transaction fees charged by your chosen payment service are Customer`s responsibility. The Customer is obliged to ensure that the respective fee for the selected product is paid in full.

5. CLIENT PORTAL AND TRADING PLATFORM

5.1.  Each Customer is allowed only one thePropTrade Portal, and all Services availed by the Customer must be managed within this portal. The number of Evaluations that one Customer can have might be limited depending on the total sum of initial balances or any other criteria.

5.2.  Unless we grant an exception to the Customer, the initial capital 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.

5.3.  Access to thePropTrade Portal and Trading Platform is secured with login credentials, which should not be shared or made available to any third parties. If the Customer is a legal entity, it may permit authorized employees and representatives to use the services through its portal. The Customer is responsible for all activities conducted through thePropTrade Portal and Trading Platform. We are not liable for any misuse of thePropTrade Portal, Trading Platform, and/or any part of the Services, nor for any negative consequences that arise due to such misuse from the Customer’s end.

5.4.  The Customer should be aware that the Services may not be available at all times and could be interrupted for Website’s and its Services maintenance, upgrades, or for other reasons. The Customer acknowledges that he is aware of and understands the nature and possible issues associated with a delivery of Services and agrees that in such cases the Customer is not entitled to any kind of compensation.

5.5.  The Customer may at any time request the termination of their thePropTrade account. To do so, the Customer is required to send an email to [email protected] . Such a request is considered a request to terminate the contract with the Provider. Upon this request, the Customer loses the right to use the Services, including the access to thePropTrade Portal and Trading Platform. The Provider will confirm receipt of this request via email, effectively ending the contractual relationship between the Customer and the Provider. In this scenario, the Customer is not entitled to a refund of any fees paid or other costs incurred.

6. RULES FOR TRADING WITH SIMULATED FUNDS

6.1.  The Services include tools for simulated trading in the foreign exchange (FOREX) market and other financial markets, along with analytical tools, training, and educational materials. These services also grant access to thePropTrade Portal and other related services. In using these Services, you acknowledge that the trading activities you engage in are simulated and not real transactions. The financial market information used in this simulated trading environment is for educational and practice purposes only. It’s important to understand that the funds allocated for demo trading are purely fictional. You have no actual ownership of these funds beyond their use within the Services. These funds cannot be used for real trading activities, and you are not entitled to any real monetary payment or remuneration based on your performance in simulated trading. Unless specifically agreed otherwise, you will not receive any profits based on the results of your simulated trading, nor will you be liable for any losses incurred during these activities.

6.2.  During your simulated trading on the Trading Platform, you are allowed to execute any transactions provided that they do not involve prohibited trading strategies or practices as defined in Clause 7. You are also expected to adhere to accepted market standards and practices relevant to trading on financial markets, such as risk management rules. Additionally, your trading might be subject to limitations set by the specific trading conditions of the Trading Platform you are using.

6.3.  You acknowledge that the Provider has the ability to access information about your demo trades on the Trading Platform. By engaging in demo trading, you give your consent for the Provider to share this trading information with entities that are part of the same group as the Provider or are otherwise affiliated with them. This authorization allows for automatic processing of your trading data without the need for further consent, consultation, or approval from you. Furthermore, you understand that you will not receive any compensation or revenue from the Provider’s use of this data. The Provider recognizes that your demo trading activities do not constitute investment advice or recommendations on your part. You also have the right to suspend your demo trading on the Trading Platform whenever you choose.

6.4.  The Provider is not liable for any information shown on the Trading Platform, nor for any disruptions, delays, or inaccuracies in the market information presented in your thePropTrade Portal.

6.5.  News trading is considered opening, closing or amending the trade on targeted instrument in the window of 2 minutes and 2 minutes after the release of Major news announcements. The major news are the ones with High Volatility Impact. For news announcements affecting USD, the restriction applies for Forex pairs with USD currency involved, just as for any of the offered Indices (such as US30). It is the Customer`s responsibility to monitor significant releases and events at Economical Calendar presented here.

 

7. PROHIBITED TRADING PRACTICES DURING SIMULATED TRADING

7.1.  We reserve the right to determine what constitutes Prohibited Trading Practices, including specific trades, practices, strategies, or situations.

7.2.  While engaging in simulated trading (Evaluation and thePropTrader accounts), the following activities are strictly forbidden:

  • Using trading strategies that intentionally or unintentionally take advantage of errors in the Services, such as errors in price displays or delays in price updates.
  • Executing trades using an external data source or a data feed that is delayed.
  • Independently or in collaboration with others, including across connected accounts or accounts with different entities, conducting trades or trade combinations aimed at manipulating the market. This includes simultaneously entering opposite positions.
  • Trading in a manner that contradicts this terms and conditions and the conditions set by the Trading Platform.
  • Utilizing any form of software, artificial intelligence, ultra-high-speed trading, or mass data entry methods that could manipulate, exploit, or provide an unfair advantage in our systems or Services.
  • Opening positions at or near the end of the trading day with intent of profiting from the marketing gap between when the market closes and reopens on the subsequent trading day.
  • Conducting trades in a way that deviates from normal practices in the Forex or other financial markets, or in a manner that raises legitimate concerns about potential financial or other harm to the Provider (e.g., excessive leveraging, overexposure, one-sided bets, account rolling)

7.3.  As a Customer, you must understand and agree that our Services are solely for your personal use, meaning only you can access and trade on your Evaluation and thePropTrader Accounts. Therefore, you must not:

  • Allow third parties to access or trade on your Evaluation and thePropTrader Accounts, nor should you collaborate with any third party to conduct trades on your behalf, regardless of whether the third party is an individual or a professional.
  • Access or trade on third-party Evaluation and thePropTrader Accounts, offer account management services, or engage in activities where you trade, operate, or manage the Evaluation and thePropTrader Accounts on behalf of another user, whether as a professional service or otherwise.

7.4.  As a Customer, you are prohibited from exploiting the Services by engaging in trades that disregard standard market risk management rules for trading on financial markets. This includes practices such as:

  • Opening significantly larger position sizes compared to your other trades, whether on this or any other of your accounts.
  • Initiating a considerably smaller or larger number of positions compared to your other trades, across any of your accounts.

7.5.  If a customer participates in prohibited trading activities outlined in Clause 7, the provider may:

  • treat this as a breach of the conditions;
  • remove or ignore the results of such trades from the customer’s simulated trading record;
  • immediately terminate the services and the contract with the customer;
  • reduce the offered leverage on products to 1:5 on any or all Customer’s accounts.

7.6.  If the Customer, on their own or with others, engages in Prohibited trading practices on one or more Evaluation or thePropTrader accounts, the Provider has the right to terminate all related services and contracts, and take other actions as mentioned in Clause 7. These actions are at the Provider’s discretion.

7.7.  If the Customer repeatedly engages in the activities mentioned in Clause 7, despite prior warnings, the provider may block their access to all services without any compensation or refund of fees paid.

7.8.  The Provider is not responsible for the Customer’s trading or investment activities conducted outside their relationship, such as using data from thePropTrade Portal or Trading Platform for real market trading. This includes situations where the customer uses the same Trading Platform for both demo and real trading.

7.9.  Trading complex instruments and leveraged products such as CFDs and Forex may not be suitable for all investors as they come with a risk to Client`s capital. Clients should ensure that they fully understand the risks involved in trading CFDs and Forex, considering their investments objectives and level of experience before trading. If unsure, clients should seek independent advice. Past performances or profits from simulated trading do not guarantee or indicate future success.

8. THEPROPTRADE EVALUATION AND VERIFICATION PROGRAM

8.1.  Upon payment for the selected thePropTrade Evaluation option , the customer will be sent the necessary login details for the Trading Platform via the email address they provided and through thePropTrade Portal. To activate the thePropTrade Evaluation, the Customer must initiate the first demo trade on the Trading Platform.

8.2.  As a consumer, it is acknowledged that upon opening the first demo trade, the Provider is explicitly requested to fulfill the Services prior to the expiration of the withdrawal period, affecting the right to withdraw from the contract as elaborated in Clause 12.

8.3.  Failure to activate the thePropTrade Evaluation within 30 calendar days from the day on which it was made available will result in access suspension. Access renewal can be requested via the Client Portal or by emailing [email protected] within 3 months of the initial suspension. If not, the provision of the Services will be terminated without the possibility of a fee refund.

8.4.  Even though the duration of thePropTrade Evaluation is unlimited, there is a necessity to place a trade once every 30 calendar days to maintain the account active. Failure to do so will result in Inactivity breach and suspension of the account.

8.5.  To successfully complete the Evaluation (Step 1) and Verification (Step 2), the Customer must simultaneously meet the following criteria:

  • The Customer must achieve a total profit on all closed simulated trades that reaches at least the specified percentage of the initial capital for their selected option. In order for this condition to be passed, all trades must be closed.
  • The Customer must meet the Consistency rule which states that no single trading day’s profit can account for a certain percentage of the overall net profit during the Evaluation and Verification period.
  • During any calendar day of the Evaluation or Verification, the Customer should not incur a loss on any simulated trades opened and closed on that day exceeding Maximum Daily Loss. Maximum Daily Loss is a specified percentage of starting balance. This amount is then deducted from the previous day’s end of day balance to identify a daily loss limit. The daily loss limit resets at 11:59 PM EE(S)T each day.  
  • At no point in the Evaluation or Verification should the Customer’s equity reach or drop below the Maximum Drawdown Limit. The Maximum Drawdown limit represents a point in the trading account’s equity, down to which the client is allowed to drop before the trading account is disqualified.
  • The Customer has not breached any part of these GTC, particularly the prohibited trading practices under clause 7.
  • The Customer has not exceeded the maximum total capital allocation limit. This limit is set at USD 5,000,000 either individually or combined per Customer.

 

It is important to note that the Provider is not obligated to evaluate thePropTrade Evaluation or Verification if the Customer has not closed all their trades.

8.6.  For a more detailed explanation of these parameters, refer to the information available on the

8.7.  In case of Express, if all the conditions specified in clause 8.5 are met, the Provider will determine the Evaluation (Step 1) as successful and recommend the Customer as a potential candidate for thePropTrader (Funded) Account program (See Clause 9).

8.8.  In case of Standard and Pro product, if all the conditions specified in clause 8.5 are met, the Provider will determine the Evaluation (Step 1) as successful and will make Verification (Step 2) available to the Customer free of charge by sending login details to the Customer’s registered e-mail address and thePropTrade Portal.

8.9.  The Customer activates Verification (Step 2) by opening the first demo trade in the Trading Platform.

8.10. Failure to activate the Verification (Step 2) within 30 calendar days from the day on which the Customer received the new login data will result in access suspension. Access renewal can be requested via the Client Portal or by emailing [email protected] within 3 months of the initial suspension. If not, the provision of the Services will be terminated without the possibility of a fee refund.

8.11. In case of Standard and Pro product, if all the conditions specified in clause 8.5 are met, the Provider will consider the Verification (Step 2) successful and recommend the Customer as a potential candidate for thePropTrader (Funded) Account program (See Clause 9).

8.12. If the Customer fails to meet some of the conditions during the Evaluation or Verification, the program will be deemed unsuccessful, and the Customer will be denied access to thePropTrader (Funded) Account. In such cases, the Customer’s account and Services will be cancelled without any refund of fees already paid.

8.13. It’s important to note that the Provider’s recommendation for the Customer as a candidate for thePropTrader (Funded) Account Program does not guarantee acceptance into the program.

9. THEPROPTRADER (FUNDED) ACCOUNT

9.1. After successfully completing 2 Step Evaluation (Standard, Pro) or/and 1 Step Evaluation (Express), customers may be offered a contract to participate in the thePropTrader (Funded) Account Program. This opportunity is at the sole discretion of the company. The agreement, including terms and conditions, established between the customer and the company, will be governed by an agreement separate to these GTCs.

10. USE OF THE WEBSITE, SERVICES, AND OTHER CONTENT

10.1. The website and all services it offer, its visual design, and all components such as text, images, graphics, icons, audio and video clips, and other materials (collectively referred to as “Content”) are legally protected and owned by the Provider or its licensors. The Provider gives you a limited, non-exclusive, non-transferable, non-assignable, and revocable right to use this Content solely for personal use in line with the intended purpose of these services. The Content remains the property of the Provider or its licensors and is not sold or transferred to you.

10.2. All trademarks, logos, and brand names on the site belong to the Provider or its licensors, and you are not granted permission to use them.

10.3. Both the Customer and the Provider agree to act fairly and honestly in fulfilling the contract and in their dealings with each other. They commit to not harming each other’s reputation or interests and to resolve any disagreements or disputes according to these GTC) and applicable law.

10.4. Beyond the rights explicitly mentioned in these GTCs, the Provider does not confer any additional rights regarding the Services or Content. You may use the Services and Content only as outlined in these GTCs.

10.5. While accessing the Services and Content, the following actions are prohibited:

  • Using tools that negatively impact the website and services or exploit errors, bugs, or other weaknesses.
  • Bypassing geographical or other technical access restrictions.
  • Making copies or backups of the website and its content.
  • Reversing engineering, decompiling, disassembling, or altering the website and its content.
  • Selling, renting, lending, licensing, distributing, reproducing, broadcasting, or otherwise using the Services or Content in unauthorized ways.
  • Using automated methods to view, display, or gather information from the website or services.
  • Using any tools or methods that could damage the Provider.

10.6. This Clause does not intend to strip the Customer of any consumer rights that cannot be legally waived.

11. VIOLATION OF THE GENERAL TERMS AND CONDITIONS

11.1. Should the Customer violates any provision of these GTCs 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 3.3, 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 6 and 7, if the customer acts in conflict with clause 10.3, and/or if the Customer performs any of the activities referred to in clause 10.5, 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.

12. RIGHT TO WITHDRAW FROM A CONTRACT

12.1. As a Consumer, you have the option to cancel a contract without needing to provide a reason within 14 calendar days of the contract’s execution. However, it’s important to note that if you start performing demo trades before the end of this 14 day period, you forfeit your right to withdraw from the contract.

12.2. To withdraw from the contract, you must send your request to our email address, [email protected] , within the mentioned 14-day period. We will promptly acknowledge receipt of your form in writing. If you do withdraw, we will process your refund without delay, and no later than 30 calendar days from the date of your withdrawal, returning all fees we received from you using the same payment method you employed.

12.3. The Provider reserves the right to withdraw from the contract in instances of any breach by the Customer as outlined in Clause This withdrawal becomes effective on the day it is sent to the Customer’s email address.

13. DISCLAIMER

13.1. By using our services and content, you acknowledge that they are provided “as is,” complete with any errors, defects, or shortcomings. You agree that using these services and content is entirely at your own risk. To the fullest extent allowed by law, the provider disclaims all types of warranties, whether statutory, contractual, explicit, or implied. This includes any warranty of quality, merchantability, fitness for a particular purpose, or non-infringement of rights.

13.2. As allowed by law, the Provider is not liable for any harm, including indirect, incidental, special, punitive, or consequential damages. This encompasses lost profits, data loss, personal or other non-monetary harm, or property damage resulting from using the services or relying on any tools, functionalities, information, or other content related to the services or found on the website. The Provider is not responsible for any third-party products, services, applications, or content used in connection with our services. If a court or authority does find the Provider liable in relation to the website or services, this liability will be limited to the amount of the fee you paid for the services related to your loss.

13.3. The Provider reserves the right to alter, replace, add, or remove elements and functions of the services at any time, without compensation.

13.4. We are not responsible for failing to provide services due to serious technical or operational issues outside its control, including crises, natural disasters, wars, pandemics, threats to public safety, or other force majeure events. This also applies if legal obligations or public authority decisions prevents us from delivering services.

13.5. The Provider shall not assume responsibility for third-party telecommunication, data network, system or services’ breakdowns or interruptions in operation, which may affect the services and delivery thereof, unless the Provider has explicitly in writing assumed such responsibility.

13.6. This Clause does not aim to strip the customer of any consumer rights or other rights that cannot be legally excluded.

14. DEFECTIVE PERFORMANCES

14.1. In cases where the Services provided do not match the agreed terms or have not been delivered, you are entitled to claim rights for defective performance. Please be aware that the Provider does not offer any guarantees regarding the quality of services. If you find a defect, it’s important to report it to us promptly using our email address listed on our website. When claiming your rights for defective performance, you can either request that we fix the defect or offer you a reasonable discount. If the defect is irreparable, you have the option to terminate the contract or demand a fair discount.

14.2. We aim to address and resolve any complaints you may raise as quickly as possible, certainly no later than 30 calendar days. We will acknowledge receipt of your complaint and inform you in writing once it is resolved. If we fail to address your complaint within this timeframe, you have the right to withdraw from the contract. To submit a complaint, please send an email to our email address [email protected].

15. CHANGES TO THE GENERAL TERMS AND CONDITIONS

15.1. We reserves the right to change these GTCs from time to time with effect for the contract previously entered into by the Customer. We will notify the Customer of the change in the GTCs at least 7 calendar days before the change in the GTCs is effective, via the Client Portal or by e-mail. If the Customer does not agree with the change, the Customer is entitled to reject it which effectively means the contract will be terminated. In order to do so, the Customer must send an email request to [email protected] no later than on the last business day before these changes take effect. If the Customer does not reject the change, it is considered that the Customer agrees to the new version of GTCs.

15.2. 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.

16. DURATION AND TERMINATION OF THE CONTRACT

16.1. The contract is valid for a specific period until Evaluation is either passed or failed.

16.2. Either party may terminate the contract earlier according to these GTCs. The contract also automatically ends with immediate effect if the Customer does not open at least one simulated trade during a 30-day period which is defined as inactivity period.

16.3. Additionally, the Provider may terminate this contract immediately for a just cause, especially if continuing to provide Services under the contract would interfere with the Provider’s legal obligations or compliance with government orders or regulatory decisions.

16.4. Either party can terminate this Contract without specific cause by providing a written notice at least 7 calendar days in advance via email to [email protected]

17. FINAL PROVISIONS

17.1. These GTCs represent an entire agreement between you and the Provider, and supersede all previous agreements related to the subject of these GTC, whether they were made verbally or in writing.

17.2. Nothing within these GTCs is intended to limit any legal claims outlined elsewhere in these GTCs or those arising under applicable law. The failure of the Provider or any authorized third party to enforce compliance with these GTCs should not be interpreted as a waiver of any rights or claims.

17.3. The Provider has the right to transfer any claims arising from these GTCs or any related agreement to a third party without requiring your consent. The Customer acknowledge and agree that the Provider, as the assignor, may also transfer its rights and obligations under these GTCs or any parts of the agreements to a third party. However, as the Customer, you are not permitted to transfer or assign your rights and obligations under these GTC, any parts of the agreements, or any receivables from them, either in whole or in part, to any third party.

17.4. Should any part, term or provision of GTCs be declared invalid, void or unenforceable, all remaining parts terms and provisions hereof shall remain in full force and effect and shall in no way be invalidated, impaired or affected thereby.

17.5. Before agreeing to these GTC, both parties have carefully considered and accepted the potential risks associated with them.