Terms and Conditions
1. Agreement
By signing up to be a User in the CFD Prop Firm Program (“Program”) you are agreeing to be bound by the following terms and conditions (“Terms of Service”).
CFD Prop Firm reserves the right to update and change the Terms of Service from time to time without notice. Any new features that augment or enhance the current Program, including the release of new tools and resources, shall be subject to the Terms of Service. Continued use of the Program after any such changes shall constitute your consent to such changes.
Violation of any of the terms below will result in the termination of your Account and for forfeiture of any outstanding affiliate commission payments earned during the violation.
2. Trading Terms
I. Drawdowns:Drawdowns refer to the temporary losses experienced in a trading account. At our financial proprietary firm, we understand that drawdowns are an inherent part of trading. While we strive to minimize drawdowns through diligent risk management, it’s essential to acknowledge that they can occur. It is also important to note that an account can be halted if a drawdown rule is breached whilst the account later continues in profit or other like scenarios hence, clients should carefully review and understand the potential drawdowns associated with their investment strategies before engaging with our firm. II. Targets:We believe in setting realistic and achievable targets for our clients. These targets are based on a thorough assessment of market conditions and individual risk profiles. Our firm provides personalized target-setting services to ensure that clients have clear objectives to work towards. It is important to note that targets may vary depending on market fluctuations and individual trading performance. In an occurrence you didn’t hit the target at the end of the specified time, you can get in touch so we can consider giving you an extension or retrial provided your account balance is not below the initial opening balance. III. Trading Pairs:
We do not accommodate trading various pairs not assigned to your chosen program, trading non-assigned pairs with a specific account will lead to automatic nullification of your funded account.
IV. Trading Plan and Risk Management:At our financial proprietary firm, we emphasize the importance of a well-defined trading plan and effective risk management strategies. We work closely with our clients to develop personalized trading plans that align with their goals and risk tolerance. Additionally, our team provides ongoing support and education on risk management techniques to help clients mitigate potential losses and safeguard their investments. It is also important to note that your trading days starts counting from the moment you place your first trade. V. Profit Split:Our profit split model ensures a fair and transparent distribution of profits between our firm and clients. The specific profit split percentage is outlined in the terms and conditions agreement. This model incentivizes both parties to work collaboratively towards achieving profitable outcomes. VI. Withdrawal Policy (KYC):As part of our commitment to compliance and security, we require clients to undergo a Know Your Customer (KYC) verification process before initiating any withdrawals. This process helps us verify the identity and ensure the legitimacy of transactions. It is important to understand that KYC procedures may vary depending on legal and regulatory requirements.Our payout system varies across different programs.• Live Evaluation Account payout occurs bi weekly with a minimum profit target of 10%• Live Executive Account payout occurs tri weekly with a minimum profit target of 15%• Exclusive Account payout occurs monthly (30days) with a minimum withdrawal of 20% profits NB: you must have traded for the assigned minimum trading days and your trading days starts counting from your first trade VII. Refund Policy:Once you pass any challenge phase with us; We offer an instant refund of your registration fee alongside a funded trader certificate and live account details.Our refund policy aims to provide a satisfactory resolution to any concerns or issues raised by our clients. In the event of a valid refund request, our firm will assess the circumstances on a case-by-case basis and strive to reach a fair resolution. It is essential to review the terms and conditions agreement for specific details on the refund policy. VIII. Extension or Dormancy:To maintain an active engagement with our clients, we have established policies regarding account extensions and dormancy. If an account remains dormant for a specified period, our firm reserves the right to initiate an account review process or, if necessary, implement account extension procedures. Clients are encouraged to stay informed about these policies to ensure their accounts remain active and in compliance with our terms and conditions. IX. Second Chance:Our firm recognizes that trading can involve a learning curve, and clients may face challenges along the way. In some cases, we offer clients a second chance whilst providing additional support or educational resources to help them improve their trading performance. This opportunity aims to empower clients and foster a collaborative environment for growth and success. X. Arbitraging and Automated / Reverse Trading:At our financial proprietary firm, we prioritize fair and ethical trading practices to maintain the integrity of our services and protect the interests of our clients. To ensure a transparent and compliant trading environment, we have strict policies against the use of arbitraging and reverse trading techniques. These activities are considered inconsistent with our principles and are explicitly prohibited under our terms and conditions. Arbitraging involves taking advantage of price discrepancies in different markets or platforms to generate profits with little to no risk. While it may seem appealing, arbitraging can introduce instability and distort market efficiency. Therefore, we do not endorse or allow any form of arbitrage trading on our platform.Also note, It is important to note that we offer our services to human forex traders and not automated trading bots or similar systems whatsoever, detection of such systems or trading styles will lead to automatic nullification of your funded account. Similarly, reverse trading refers to the intentional act of executing trades with the sole purpose of generating artificial results or manipulating trading outcomes. This practice undermines the fairness and reliability of the trading process and can negatively impact other market participants. As a responsible financial proprietary firm, we strictly prohibit reverse trading and closely monitor trading activities to detect and prevent such behavior.By disallowing arbitraging, automated trading and reverse trading, we aim to foster a level playing field for all clients and maintain a secure and trustworthy trading environment. Our terms and conditions clearly outline the consequences for engaging in these prohibited activities, which may include immediate termination of the client’s account and potential legal action if deemed necessary. We encourage all clients to thoroughly review and understand our terms and conditions to ensure compliance with our policies and practices. If you have any questions or require further clarification regarding our stance on arbitraging and reverse trading, please do not hesitate to contact our customer support team. XI. Paucity: We have the reserved rights to alter, change or add to any of our rules at several intervals.Please note that the content provided here should not be considered as legal or financial advice. It is crucial for individuals to carefully review the specific terms and conditions provided so as to understand the precise details and implications.
3. Frequently Asked Questions & Answers
I. How long do I have to wait to receive my log in details for a program I purchase?
Log in details will be sent to the your chosen mail address within 24 to 48 hours.
II. How long do I have to trade to get paid on my live account?
Our payout system varies across different programs. Live Evaluation Account payout occurs bi weekly with a minimum profit target of 10%, Live Executive Account payout occurs weekly with a minimum profit target or 10%, Exclusive Account payout occurs monthly (30days) with a minimum profit target of 20%.
NB: you must have traded for the assigned minimum trading days.
III. Can I trade different pairs with a synthetic or forex account?
We do not accommodate trading various pairs not assigned to your chosen program, trading non-assigned pairs with a specific account will lead to automatic nullification of your funded account.
IV. Can I make use of an automated system of trading?
No, we offer our services to human forex traders and not automated trading bots or systems whatsoever, detection of such systems will lead to automatic nullification of your funded account.
V. Can I purchase more than one account with my profile?
Yes, You have the liberty to purchase as many accounts you will.
VI. How can I withdraw my referral commissions from my dashboard and why are some of my referrals not reflecting?
You can only use your commissions to get an evaluation account depending on how much you accumulate your bonuses meanwhile only affiliates who purchase any of our programs will reflect on your dashboard.
Do you have more questions or suggestions? Mail our support team; info@cfdpropfirm.com
4. Account Terms
- You must be 18 years or older to be part of this Program.
- You must be a human. Accounts registered by “bots” or other automated methods are not permitted.
- You must provide your legal full name, a valid email address, and any other information requested in order to complete the signup process.
- Your login may only be used by one person – a single login shared by multiple people is not permitted.
- You are responsible for maintaining the security of your account and password. CFD Prop Firm cannot and will not be liable for any loss or damage from your failure to comply with this security obligation.
- You are responsible for all Content posted and activity that occurs under your account.
- One person or legal entity may not maintain more than one account.
- You may not use the Program for any illegal or unauthorized purpose. You must not, in the use of the Service, violate any laws in your jurisdiction (including but not limited to copyright laws).
5. Customer Definition
Customers who buy products through this Program will be deemed to be our customers. Accordingly, all of our rules, policies, and operating procedures concerning customer orders, customer service, and product sales will apply to those customers. We may change our policies and operating procedures at any time. For example, we will determine the prices to be charged for products sold under this Program in accordance with our own pricing policies. Product prices and availability may vary from time to time. Because price changes may affect Products that you have listed on your site, you should not display product prices on your site. We will use commercially reasonable efforts to present accurate information, but we cannot guarantee the availability or price of any particular product.
We leverage on the Brokerage Services of DERIV
6. Payment Gateway
We reserve the right to change, update or remove any payment gateway and we are not responsible for the transmission and deliverability of any monies sent through any network.
7. Links/graphics on your site, in your emails, or other communications
Once you have signed up for the Affiliate Program, you will be assigned a unique Affiliate Code. You are permitted to place links, banners, or other graphics we provide with your Affiliate Code on your site, in your emails, or in other communications. We will provide you with guidelines, link styles, and graphical artwork to use in linking to CFD Prop Firm. We may change the design of the artwork at any time without notice, but we won’t change the dimensions of the images without proper notice.
To permit accurate tracking, reporting, and referral fee accrual, we will provide you with special link formats to be used in all links between your site and the CFD Prop Firm. You must ensure that each of the links between your site and the CFD Prop Firm properly utilizes such special link formats. Links to the CFD Prop Firm placed on your site pursuant to this Agreement and which properly utilize such special link formats are referred to as “Special Links.” You will earn referral fees only with respect to sales on a CFD Prop Firm product occurring directly through Special Links; we will not be liable to you with respect to any failure by you or someone you refer to use Special Links or incorrectly type your Affiliate Code, including to the extent that such failure may result in any reduction of amounts that would otherwise be paid to you pursuant to this Agreement.
Affiliate links should point to the page of the product being promoted.
8. Referral fees/commissions and payment
For a Product sale to be eligible to earn a referral fee, the customer must click-through a Special Link from your site, email, or other communications to https://www.cfdpropfirm.com and complete an order for a product during that session.
We will only pay commissions on links that are automatically tracked and reported by our systems. We will not pay commissions if someone says they purchased or someone says they entered a referral code if it was not tracked by our system. We can only pay commissions on business generated through properly formatted special links that were automatically tracked by our systems.
We reserve the right to disqualify commissions earned through fraudulent, illegal, or overly aggressive, questionable sales or marketing methods.
Payments only begin once you’ve earned more than $20 in affiliate income. If your affiliate account never crosses the $20 threshold, your commissions will not be realized or paid. We are only responsible for paying accounts that have crossed the $20 threshold.
9. Identifying yourself as a CFD Prop Firm Affiliate
You may not issue any press release with respect to this Agreement or your participation in the Program; such action may result in your termination from the Program. In addition, you may not in any manner misrepresent or embellish the relationship between us and you, say you develop our products, say you are part of CFD Prop Firm or express or imply any relationship or affiliation between us and you or any other person or entity except as expressly permitted by this Agreement (including by expressing or implying that we support, sponsor, endorse, or contribute money to any charity or other cause).
You may not purchase products through your affiliate links for your own use. Such purchases may result (in our sole discretion) in the withholding of referral fees and/or the termination of this Agreement.
10. Payment schedule
As long as your current affiliate earning are over $20, you’ll be paid each month. If you haven’t earned $20 since your last payment, we’ll pay you the following month after you’ve crossed the threshold.
11. Our responsibilities
We will be solely responsible for the development, operation, and maintenance of your site and for all materials that appear on your site. For example, you will be solely responsible for:
– The technical operation of our site and all related equipment
– Ensuring the display of Special Links on our site does not violate any agreement between us and any third party (including without limitation any restrictions or requirements placed on us by a third party that hosts your site)
– The accuracy, truth, and appropriateness of materials posted on our site (including, among other things, all Product-related materials and any information we include within or associate with Special Links)
– Ensuring that materials posted on our site do not violate or infringe upon the rights of any third party (including, for example, copyrights, trademarks, privacy, or other personal or proprietary rights)
– Ensuring that materials posted on our site are not libelous or otherwise illegal
– Ensuring that our site accurately and adequately discloses, either through a privacy policy or otherwise, how you collect, use, store, and disclose data collected from visitors, including, where applicable, that third parties (including advertisers) may serve content and/or advertisements and collect information directly from visitors and may place or recognize cookies on visitors’ browsers.
12. Compliance with Laws
As a condition to your participation in the Program, you agree that while you are a Program participant you will comply with all laws, ordinances, rules, regulations, orders, licenses, permits, judgments, decisions or other requirements of any governmental authority that has jurisdiction over you, whether those laws, etc. are now in effect or later come into effect during the time you are a Program participant. Without limiting the foregoing obligation, you agree that as a condition of your participation in the Program you will comply with all applicable laws (federal, state or otherwise) that govern marketing email, including without limitation, the CAN-SPAM Act of 2003 and all other anti-spam laws.
13. Term of the Agreement and Program
The term of this Agreement will begin upon our acceptance of your Program application and will end when terminated by either party. Either you or we may terminate this Agreement at any time, with or without cause, by giving the other party written notice of termination. Upon the termination of this Agreement for any reason, you will immediately cease use of, and remove from your site, all links to https://www.bk.cfdpropfirm.com, and all of our trademarks, trade dress, and logos, and all other materials provided by or on behalf of us to you pursuant hereto or in connection with the Program. CFD Prop Firm reserves the right to end the Program at any time. Upon program termination, CFD Prop Firm will only pay any outstanding earnings accrued below $20.
14. Termination
CFD Prop Firm, in its sole discretion, has the right to suspend or terminate your account and refuse any and all current or future use of the Program, or any other CFD Prop Firm service, for any reason at any time. Such termination of the Service will result in the deactivation or deletion of your Account or your access to your Account, and the forfeiture and relinquishment of all potential or to-be-paid commissions in your Account if they were earned through fraudulent, illegal, or overly aggressive, questionable sales or marketing methods. CFD Prop Firm reserves the right to refuse service to anyone for any reason at any time.
15. Relationship of Parties
You and we are independent contractors, and nothing in this Agreement will create any partnership, joint venture, agency, franchise, sales representative, or employment relationship between the parties. You will have no authority to make or accept any offers or representations on our behalf. You will not make any statement, whether on your site or otherwise, that reasonably would contradict anything in this Section.
16. Limitations of Liability
We will not be liable for indirect, special, or consequential damages (or any loss of revenue, profits, or data) arising in connection with this Agreement or the Program, even if we have been advised of the possibility of such damages. Further, our aggregate liability arising with respect to this Agreement and the Program will not exceed the total referral fees paid or payable to you under this Agreement.
17. Disclaimers
We make no express or implied warranties or representations with respect to the Program or any products sold through the Program (including, without limitation, warranties of fitness, merchantability, noninfringement, or any implied warranties arising out of a course of performance, dealing, or trade usage). In addition, we make no representation that the operation of the CFD Prop Firm will be uninterrupted or error-free, and we will not be liable for the consequences of any interruptions or errors.
18. Independent Investigation
YOU ACKNOWLEDGE THAT YOU HAVE READ THIS AGREEMENT AND AGREE TO ALL ITS TERMS AND CONDITIONS. YOU UNDERSTAND THAT WE MAY AT ANY TIME (DIRECTLY OR INDIRECTLY) SOLICIT CUSTOMER REFERRALS ON TERMS THAT MAY DIFFER FROM THOSE CONTAINED IN THIS AGREEMENT OR OPERATE WEB SITES THAT ARE SIMILAR TO OR COMPETE WITH YOUR WEB SITE. YOU HAVE INDEPENDENTLY EVALUATED THE DESIRABILITY OF PARTICIPATING IN THE PROGRAM AND ARE NOT RELYING ON ANY REPRESENTATION, GUARANTEE, OR STATEMENT OTHER THAN AS SET FORTH IN THIS AGREEMENT.
19. Arbitration
Any dispute relating in any way to this Agreement (including any actual or alleged breach hereof), any transactions or activities under this Agreement or your relationship with us or any of our affiliates shall be submitted to confidential arbitration, except that, to the extent you have in any manner violated or threatened to violate our intellectual property rights, we may seek injunctive or other appropriate relief in any state or federal court (and you consent to non-exclusive jurisdiction and venue in such courts) or any other court of competent jurisdiction. Arbitration under this agreement shall be conducted under the rules then prevailing of the El Salvador Arbitration Association. The arbitrator’s award shall be binding and may be entered as a judgment in any court of competent jurisdiction. To the fullest extent permitted by applicable law, no arbitration under this Agreement shall be joined to an arbitration involving any other party subject to this Agreement, whether through class arbitration proceedings or otherwise.
20. Miscellaneous
This Agreement will be governed by the laws of The El Salvador, without reference to rules governing choice of laws. You may not assign this Agreement, by operation of law or otherwise, without our prior written consent. Subject to that restriction, this Agreement will be binding on, inure to the benefit of, and be enforceable against the parties and their respective successors and assigns. Our failure to enforce your strict performance of any provision of this Agreement will not constitute a waiver of our right to subsequently enforce such provision or any other provision of this Agreement.
The failure of CFD Prop Firm to exercise or enforce any right or provision of the Terms of Service shall not constitute a waiver of such right or provision. The Terms of Service constitutes the entire agreement between you and CFD Prop Firm and govern your use of the Service, superceding any prior agreements between you and CFD Prop Firm (including, but not limited to, any prior versions of the Terms of Service).
