Overview
By using our site and/or purchasing something from us, you are participating in our 'Service' and agree to be bound by the following terms and conditions ('Terms of Service', 'Terms'), as well as any other terms and conditions and policies linked here and/or accessible via hyperlink. These Terms of Service apply to all users of the site, including, but not limited to, browsers, suppliers, consumers, merchants and/or content creators.
Please read these Terms of Service carefully before accessing or using our website. By accessing or using any part of the site, you agree to be bound by these Terms of Service. You may not visit the website or use the services if you do not accept all of the terms and conditions of this agreement. Acceptance is limited solely to these Terms of Service if these Terms of Service are considered an offer. The Services are only available to persons over the age of 18 who live in the countries where the Services are provided.
Any additional features or tools added to the existing site (in the given account area) will also be subject to the General Terms of Service. The most recent version of the Terms of Service will be visible on this page at all times. In making updates and/or changes to our website, we reserve the right to update, modify or replace any part of these Terms of Service. It is your right and obligation to regularly check this page for updates. Your continued use of or access to the Web site following the posting of such changes constitutes acceptance of those changes.
IN ACCORDANCE WITH APPLICABLE LAW, NONE OF THE SERVICES PROVIDED TO YOU BY THE PROVIDER MAY BE CONSIDERED INVESTMENT SERVICES. THE PROVIDER DOES NOT GIVE OR PROVIDE TO YOU ANY DIRECTION, INSTRUCTION OR INFORMATION AS TO HOW OR WHETHER YOU SHOULD EFFECT ANY TRANSACTIONS WHEN USING THE SERVICES OR OTHERWISE, OR ANY SIMILAR INFORMATION ABOUT THE INVESTMENT INSTRUMENTS TRADED, AND THE PROVIDER DOES NOT ACCEPT ANY SUCH DIRECTION, INSTRUCTION OR INFORMATION FROM YOU. NEITHER THE SERVICES NOR THE RECOMMENDATIONS CONSTITUTE INVESTMENT ADVICE. THE PROVIDER'S EMPLOYEES, PERSONNEL AND REPRESENTATIVES ARE NOT AUTHORIZED TO GIVE INVESTMENT ADVICE OR RECOMMENDATIONS. IF ANY INFORMATION OR STATEMENTS MADE BY THE PROVIDER'S EMPLOYEES, PERSONNEL OR REPRESENTATIVES ARE CONSTRUED AS INVESTMENT ADVICE OR RECOMMENDATIONS, THE PROVIDER EXPRESSLY DISCLAIMS ANY SUCH INFORMATION OR STATEMENTS AS INVESTMENT ADVICE OR RECOMMENDATIONS AND SHALL NOT BE LIABLE THEREFOR.
We may grant third parties access to our website in order to debug and/or resolve problems with our website, database or infrastructure. Once the scope of work has been undertaken, such access will be monitored and restricted. ALL PAYMENTS ARE FINAL AND FOR EVALUATION PURPOSES ONLY.
You must pay a registration fee to access the WeGetFunded platform (a concern of Catalyst Creations Fzco), templates and services. If the service has started (i.e. the customer has started trading and/or the customer has failed to complete the evaluation), the customer is not entitled to a refund of the registration fee, the Model fee, the Evaluation fee which are part of the WeGetFunded offer are non-refundable after 14 days and if a trade has been opened.
By signing these Terms of Service, you officially confirm that you are of legal age in your state or province of residence, or that you are of legal age and have given us permission to allow one of your minor children to use this site. As a condition of your use of the Service, you agree not to engage in any illegal or unauthorized activity (including, but not limited to, copyright laws). Your Services will be terminated immediately if you violate any of the Terms.
We reserve the right to refuse service to anyone, at any time, and for any reason. You acknowledge that your content (excluding credit card information) may be transmitted unencrypted and may involve (a) transmissions over various networks, and (b) modifications to conform and adapt to the technical requirements of networks or connected devices. When credit card information is sent over a network, it is always encrypted. Without our explicit written consent, you agree not to reproduce, duplicate, copy, sell, resell, or exploit any portion of the Service, use of the Service, or access to the Service or any contact on the website through which the service is provided. The headings in this agreement are provided only for convenience and have no effect on the Conditions.
We make every effort to ensure that the information we provide is reliable; however, the information is also provided by third parties, and we are not responsible if the content on this site is not accurate, complete, or up-to-date. The content on this site is intended for general information purposes only and should not be used as the sole basis for making decisions without consulting primary, more accurate, more complete, or more recent sources of information. Any reliance on the information on this site is entirely at your own risk. To reduce your risks, you can always email [email protected] with your questions. This site may contain historical information. Historical data is, by definition, outdated and is provided only for your convenience. We reserve the right to modify the content of this site at any time, but we have no obligation to update the information on our site. You acknowledge that it is your responsibility to monitor changes to our website.
The payment process is handled by a subsidiary of WeGetFunded, Events and staff consultancies FZCO, registered at DSO-IFZA Dubai Digital Park, Dubai Silicon Oasis.
Our product prices are subject to change without notice. We reserve the right to modify or discontinue the Service (proposed accounts) (or any part or content of it) at any time and without notice. We will not be liable to you or any third party if the Service is modified, priced, suspended, or discontinued.
We reserve the right, but are not obligated, to limit our product or service sales to any person, geographic area, or jurisdiction. We may exercise this right on a case-by-case basis. We have the right to limit the quantity of products or services we offer at any time. All descriptions and prices of products are subject to change at our sole discretion at any time and without notice. At any time, we have the right to discontinue a product. Any offer made on this site for a product or service is void where prohibited. We do not guarantee that the quality of any items, services, information, or other materials purchased or obtained by you will meet your expectations, nor that the defects in the Service will be corrected.
We have the right to refuse any order placed with us. We reserve the right, at our sole discretion, to limit or cancel quantities purchased per person, per household, or per order. These limitations may include orders placed by or under the same customer account, the same credit card, and/or orders using the same billing and/or shipping address. If we modify or cancel an order, we may attempt to inform you by contacting the email address and/or billing address/phone number provided at the time of the transaction. We reserve the right to limit or prohibit orders that appear to be placed by resellers, unauthorized distributors, or resellers at our sole discretion. For any purchase made on our site, you agree to provide current, complete, and accurate purchase and account information. You agree to maintain your account and other information, including your email address, credit card numbers, and expiration dates, so that we can process transactions and contact you if necessary.
We may provide you with access to third-party tools over which we have no control or involvement. You understand and agree that we provide access to these tools "as is" and "as available," with no warranties, representations, or conditions of any kind, and without any endorsement. We accept no liability arising from or related to your use of optional third-party tools. Any use of optional tools provided on the website is at your own risk and discretion, and you must ensure that you are familiar with and approve of the terms on which tools are provided by the relevant third-party source(s). We may also introduce new services and/or features on the website in the future (including the release of new tools and resources). These General Terms of Use will apply to all additional features and/or services.
Third-party materials may be included in certain content, products, and services offered through our Service. Third-party links on our site may direct you to websites that are not affiliated with us. We are not responsible for reviewing or evaluating the content or accuracy, and we provide no warranty and assume no liability or obligation for any third-party materials or websites, or for any other material, product, or service provided by third parties. We are not responsible for risks or damages resulting from the purchase or use of goods, services, resources, materials, or other transactions made in connection with third-party websites. Please carefully review and understand the rules and procedures of third parties before engaging in a transaction. Claims, complaints, concerns, or questions regarding third-party products should be addressed to the third party.
If you submit creative ideas, suggestions, proposals, plans, or other materials (collectively, "comments"), whether online, by email, by postal mail, or otherwise, you agree that we may, at any time, without restriction, edit, copy, publish, distribute, translate, and otherwise use in any medium any comments you transmit to us. We are not and will not be obligated to (1) keep comments confidential; (2) compensate for any comments; or (3) respond to any comments.
We may, but are not obligated to, monitor, edit, or remove any content that we believe is unlawful, offensive, threatening, defamatory, pornographic, obscene, or otherwise objectionable, or that infringes on any party's intellectual property or these General Terms of Use.
You agree that your comments will not violate any third-party rights, including copyrights, trademarks, privacy, personality, or other personal or proprietary rights. You further agree that your comments will not contain defamatory or illegal content, be abusive or obscene, express political views, or contain any computer virus or other malicious software that could interfere with the functionality or operation of the Service or any associated website. You may not use a false email address, pretend to be someone other than yourself, or mislead us or third parties as to the origin of any comments. All comments you make, along with their accuracy, are entirely your responsibility. We disclaim all responsibility for any comments posted by you or any other user.
Our Privacy Policy governs the submission of personal data via the website.
Information on our site or in the Service may sometimes contain typographical errors, inaccuracies, or omissions regarding product descriptions, prices, promotions, offers, product shipping charges, transit times, or availability. If information in the Service or on an associated website is incorrect, we reserve the right to correct any errors, inaccuracies, or omissions, and to modify or update information or cancel orders at any time without notice (including after you have submitted your order). Unless required by law, we do not undertake to update, modify, or clarify anything in the Service or on an associated website, including, without limitation, price information. No specific update or refresh date is applied in the Service or on an associated website to indicate that all information in the Service or on an associated website has been modified or updated.
It is prohibited to use the site or its content: (a) for illegal purposes; (b) to solicit others to perform or participate in illegal acts; (c) to violate any regulations, rules, laws, or provisions at the state, provincial, federal, regional, and global levels; (d) to infringe upon our intellectual rights or the intellectual property rights of others; and (e) to harass, abuse, insult, harm, defame, slander, disparage, intimidate, or discriminate based on gender, sexual orientation, religion, ethnic origin, race, age, national or ethnic origin, or disability; (f) to submit false information; (g) to upload or transmit viruses or any other type of malicious code that could interfere with the functionality or operation of the Service or any associated website, other websites, or the Internet; (h) to submit false or misleading information. For violation of any prohibited uses, we reserve the right to suspend your use of the Service or any associated website.
In addition, clients must not abuse the services by conducting transactions without following standard risk management guidelines for trading in financial markets, including the activities listed above.
Article 1: Risk Management and Maximum Drawdown
1.1 During the trading challenge, participants must manage their positions to not exceed a drawdown of 12% from the initial balance of their account. This restriction is absolute and must be strictly observed throughout the challenge period. 1.2 For example, if a participant starts with a capital of $100,000, it is crucial that the account balance never falls below $88,000. Similarly, with an initial balance of $105,000, the participant must ensure that the balance does not drop below $93,000. Compliance with this unchanging loss threshold is essential for challenge success.
Article 2: Daily Loss Limit
2.1 Each day of the challenge, participants must not incur losses exceeding 5% of the initial balance of their account. 2.2 This means that for an account starting with $100,000, the maximum daily loss allowed is $5,000, regardless of any gains on the day or cumulatively. This limit remains constant. 2.3 If a participant's closed transactions result in a loss of $3,000 in a day, they are only allowed to risk an additional $2,000 for the rest of the day. This rule includes floating losses and fees such as swaps and commissions. 2.4 It is worth noting that even in case of gains of $5,000 in a day, the authorized daily loss limit for the next day remains fixed at $5,000. Profits cannot be used to increase the daily loss threshold.
Article 3: Unlimited Challenges and Fixed Daily Loss Limit
3.1 These guidelines also apply to unlimited challenges, where the fixed amount of the maximum daily loss is kept at 4% of the initial account balance for each trading day, for the entire duration of the challenge. As well as 6% of the initial account balance for the maximum loss of the challenge during the entire duration of the challenge.
Article 4: No Time Limit 4.1 There is no time limit to complete the challenge. Participants can take the necessary time to achieve the set goals, while adhering to the established risk management and drawdown rules.
Article 5: Performance Objectives 5.1 To succeed in the challenge, participants must achieve certain performance objectives:
5.2 These objectives must be met while adhering to the risk management and drawdown rules outlined in the preceding articles.
Article 6: Consequences of Non-Compliance 6.1 Any violation of these conditions may result in sanctions, including exclusion from the challenge. It is the responsibility of each participant to be informed and strictly adhere to these rules. Thank you for your participation in the trading challenge. Our goal is to provide you with a rewarding and profitable experience. We firmly believe that prudence and discipline are the pillars of a successful trading strategy, and we are confident that adhering to these rules will help you progress and excel as a professional and responsible trader.
At WeGetFunded, we adopt the Universal Coordinated Time Zone, known by the acronym UTC, as the time reference for all our operations. This standardized practice is particularly crucial in our financial processes, including the calculation of drawdowns and the management of account balances.
The use of UTC time ensures consistency and accuracy in these calculations, which are vital to the smooth running of our services. Whether it's for assessing investment performance, tracking market variations, or managing withdrawals and deposits, UTC time serves as a constant benchmark.
The rules for Funded Traders are as follows:
Trades Consistency Rule for Withdrawals
WeGetFunded is committed to supporting the growth and success of our funded traders.
At WeGetFunded, we're committed to supporting the growth and success of our funded traders. With this in mind, we are introducing a new rule to encourage consistent and professional risk management: the Trades Consistency Rule for Withdrawals.
What does this mean?
From now on, for a funded trader to make a withdrawal, his trades must demonstrate consistency in lot size with his trading history (track record). This measure is designed to encourage a considered and strategic trading approach, where trading decisions are made with appropriate risk management and long-term planning in mind.
Why this rule?
We firmly believe that successful trading depends not only on skill and strategy, but also on effective risk management. By imposing consistency in lot size in relation to trading history, we aim to :
How will it work?
Specific trade consistency criteria will be based on an analysis of the funded trader's trading history. Before submitting a withdrawal request, the trader will need to ensure that his trades meet these consistency criteria.
Conclusion
We believe that this new trade consistency rule is an important step towards strengthening discipline and risk management among our funded traders. By working together to maintain high standards, we can all contribute to the success and sustainability of our trading community. If you have any questions or require assistance, please do not hesitate to contact our support team.
WeGetFunded does not promise, guarantee, or warrant that your use of our service will be error-free, prompt, secure, or uninterrupted. We do not declare that the results that may be obtained from the use of the service will be accurate or reliable. You agree that we may suspend the service for an extended period or terminate it at any time, with or without notice. You expressly acknowledge that your use of the service, or your inability to use it, is at your own risk. The service and all products and services provided to you through the service are provided "as is" and "as available" for your use, without any express or implied representation, warranty, or condition, including any implied warranties or conditions of merchantability, merchantable quality, fitness for a particular purpose, durability, title, and non-infringement. WeGetFunded, our directors, officers, employees, affiliates, agents, contractors, interns, suppliers, service providers, or licensors shall not be liable for any injury, loss, claim, or any direct, indirect, incidental, punitive, special, or consequential damages of any kind, including, without limitation, lost profits, lost revenue, lost savings, loss of data, replacement costs, or any similar damages, whether based on contract, tort (including negligence), strict liability, or otherwise, arising from the use of the service or any content (or product) displayed, transmitted, or otherwise made available through the service, even if the possibility of such damages has been advised. As some states or countries do not allow the exclusion or limitation of liability for consequential or incidental damages, our liability will be limited to the maximum extent permitted by law in those states or jurisdictions.
You agree to indemnify, defend, and hold harmless our parent companies, subsidiaries, affiliates, partners, officers, directors, agents, contractors, licensors, service providers, subcontractors, suppliers, interns, and employees from any claim or demand made by a third party due to or arising out of your breach of these Terms of Use or the documents they incorporate by reference, or your violation of any law or regulation.
If any provision of these Terms of Use is deemed unlawful, void, or unenforceable, that provision will be enforced to the fullest extent permitted by applicable law, and the unenforceable portion will be deemed separated from these Terms of Use; however, such determination will not affect the validity and enforceability of any other provisions.
For all reasons, responsibilities, and obligations of the parties accrued before the termination date will survive the termination of this agreement. These Terms of Use will remain in effect until you or we terminate them. You can terminate these Terms of Use at any time by informing us that you no longer wish to use our services or by ceasing to use our website.
We may also terminate this agreement at any time without notice if you fail to comply, or if we suspect that you have failed to comply, with any term or provision of these Terms of Use, and you will remain responsible for all amounts due up to and including the date of termination; and/or we may deny you access to our services (or any part of them).
The Client may request termination of the Client Section at any time by sending an email to [email protected]. Sending a request to cancel the Client Section is considered a request by the Client to terminate the contract, and the Client then loses access to the Services, including the Client Section and the Trading Platform. The Provider will send an email to the Client to confirm receipt of the request, at which point the contractual relationship between the Client and the Provider will be dissolved. The Client is not entitled to a refund of previously paid fees or any other expenses incurred in this situation.
If the Client repeatedly engages in any of the prohibited practices, and the Provider has already informed the Client of this, the Provider may prevent the Client from accessing all Services or certain parts of them, including access to the Client Section and the Trading Platform, without any compensation. In such a case, the Client is not entitled to a refund of the fees paid. After paying the fees for the selected WeGetFunded program option, the Client will receive relevant login data for the Trading Platform at the email address provided by the Client or in the Client Section. The Client activates the account by receiving the account credentials. IF YOU ARE A CONSUMER, YOU ACKNOWLEDGE THAT BY OPENING THE FIRST TRADE, YOU EXPRESSLY REQUEST THE PROVIDER TO COMPLETE THE SERVICES BEFORE THE EXPIRATION OF THE WITHDRAWAL PERIOD OF THE CONTRACT, WHICH AFFECTS YOUR RIGHT TO WITHDRAW FROM THE CONTRACT. If you do not activate the WeGetFunded account within 180 calendar days from the date it was made available to you, your access to it will be suspended. You can request the renewal of access by sending an email to [email protected] within 3 days of the initial suspension, otherwise, we will terminate the provision of Services without any right to a refund of fees.
If the Client makes an unjustified complaint about the fees paid or disputes the fees paid with the Client's bank or payment service provider (for example, through chargeback services, dispute services, or other similar services), based on which a cancellation, annulment, or refund of fees or a portion thereof is requested, the Provider reserves the right, at its sole discretion, to cease providing any service to the Client and to refuse any future provision of any service.
If you do not start trading within 14 days of registration, you can request a refund. It is worth noting that after the trader has started trading on the account, the fees are non-refundable. This includes full and partial refunds.
We will not be deemed to have waived any right or provision of these Terms of Use if we fail to exercise or enforce that right or provision. These Terms of Use, along with any policies or operating rules we have posted on this site or in connection with the Service, constitute the entire agreement and understanding between you and us and govern your use of the Service, superseding all prior or contemporaneous agreements, communications, and proposals, whether oral or written, between you and us (including, but not limited to, any prior versions of the Terms of Use). Any ambiguity in the interpretation of these Terms of Use shall not be construed against the party that drafted them.
These Terms of Use, along with any additional agreements under which we provide you with services, are governed and interpreted in accordance with the legal jurisdiction of the user.
It is advisable to be aware of your local regulations if any. You take the service at your own risk and responsibility. By stating that you are over 18 years old, WeGetFunded is not responsible for actions taken by its clients. In case of a breach of local law, you are solely responsible for it.
The legal jurisdiction of the user governs and is interpreted in accordance with these Terms of Use and any other agreement under which we provide you with services.
Catalyst Creations FZCO LICENSE 32875 Ifza BUSINESS Park, DDP - 32875 - 001 0000 Dubai United Arab Emirates