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Terms & Conditions

FTT FUNDED CHALLENGE TERMS AND CONDITIONS

LAST UPDATED ON 7 AUGUST 2026

We are Advanced Evaluation Firm LLC, a limited liability company established and existing under the laws of the State of New Mexico, United States, with its registered office at 1209 Mountain Road Pl NE, Ste N, Albuquerque, NM 87110, United States (“we”, “our”, “us” or “FTT Funded”).

Our mission is to provide you with the education and tools necessary to develop the skills required to be a successful trader. We have developed our Evaluation Process and the rest of our services with this goal in mind.

You should read this document carefully. These FTT Funded Challenge Terms and Conditions (the “Terms”) govern the provision of our Evaluation Process, in which you gain access to the FTT Funded Challenge, as well as analytical instruments, educational materials and other services which we enable you to access through the website fttfunded.com (the “Website”) and which are further described in Clause 5 (Our services) (together, the “Services”).

The FTT Funded Challenge accounts and Funded Accounts are accounts for simulated trading. The activity you engage in when you submit simulated trades in those accounts is not trading in real financial instruments.

After you register on the Website you may order the FTT Funded Challenge and other Services (each an “Order”). When we confirm your Order, a contract between you and us is concluded (each an “Agreement” and together the “Agreements”). These Terms, together with the confirmed Order, constitute the Agreement. Your agreement to these Terms is evidenced by you ticking the statement that you have read and agree with the FTT Funded Challenge Terms and Conditions when completing the Order. The Services are available to natural persons only. We do not accept legal entities, company trusts or any other body corporate as customers, and you may not enter into an Agreement on behalf of any such entity.

Definitions of terms and abbreviations used in these Terms can be found in Clause 20 (Definitions and interpretation).

1. ELIGIBLE CUSTOMERS

1.1. You are only eligible to access the Services if you are a natural person at least eighteen (18) years of age and not subject to restrictions based on your nationality or residency, as determined by the specific rules of each Restricted Jurisdiction and further detailed on the Website at https://fttfunded.com/faqs/general#restricted-jurisdictions, and you are not subject to relevant international sanctions, in particular you are not included on the sanctions lists of the Office of Foreign Assets Control, the European Union or the United Nations, you do not have a criminal record related to financial crime or terrorism, you have not previously been banned by us for breach of contract, and you meet our “know your customer” (“KYC”) requirements summarised on the Website at https://fttfunded.com/faqs/security-and-verification#kyc-requirements.

1.2. The Services are not available to legal entities. We do not accept as customers legal entities, company trusts or any other body corporate, whether established in a Restricted Jurisdiction or elsewhere, and we do not open accounts in the name of a company. Any Order placed in the name of, or on behalf of, a legal entity is void and the Agreement is not concluded.

1.3. If you provide a business identification number, tax registration number or similar information, or if you otherwise use the Services in the course of your trade, business, craft or profession, you will not be considered a Consumer for the purposes of these Terms and when using the Services for the entire duration of the Agreement.

1.4. You may only access and use the Services in accordance with applicable law and these Terms.

1.5. You represent that at the time of execution of the Agreement you meet the eligibility criteria in this Clause 1 (Eligible customers). If you do not meet the eligibility criteria stated in this Clause, the Agreement is not concluded. If you cease to meet the eligibility criteria in this Clause 1 (Eligible customers) following the conclusion of the Agreement, you must notify us immediately.

2. SERVICES ARE NOT REGULATED FINANCIAL SERVICES

2.1. None of the Services are subject to laws regulating the financial sector in the countries where we provide the Services. We are not regulated by the U.S. Securities and Exchange Commission, the Commodity Futures Trading Commission, or any similar authority overseeing the financial sector in any other country. As a result, you will not receive regulatory protection associated with the financial sector with respect to the Services.

2.2. NONE OF THE SERVICES CONSTITUTE FINANCIAL, INVESTMENT, LEGAL OR TAX ADVICE OR A RECOMMENDATION TO BUY, SELL OR HOLD ANY FINANCIAL PRODUCT OR VIRTUAL OR SIMULATED ASSET, OR TO ENGAGE IN A PARTICULAR INVESTMENT STRATEGY. NO EMPLOYEES, STAFF OR REPRESENTATIVES OF FTT FUNDED ARE AUTHORISED TO PROVIDE INVESTMENT ADVICE OR RECOMMENDATIONS. SHOULD ANY INFORMATION OR STATEMENT OF ANY EMPLOYEE, STAFF OR REPRESENTATIVE OF FTT FUNDED BE INTERPRETED AS INVESTMENT ADVICE OR A RECOMMENDATION, WE EXPLICITLY DISCLAIM THAT THE SAME IS INVESTMENT ADVICE OR A RECOMMENDATION AND WILL NOT BE RESPONSIBLE FOR IT.

2.3. We do not give any guidance, instructions, limitations or information about how or in which manner you should perform simulated trades when using the Services or otherwise, with the exception of the Forbidden Trading Practices and the Risk Management Rules (see Clause 7 (Rules of Simulated Trading)). Similarly, we do not accept any such guidance or instructions from you, provided, however, that we may observe your simulated trades and share that information pursuant to Clause 15.3.

2.4. You should obtain independent financial, legal or tax advice regarding your specific circumstances as appropriate.

3. ORDER OF SERVICES

3.1. You can make an Order after registering to create your user interface on the Website (the “Client Area”). During registration, login credentials for access to the Client Area (the “Profile Credentials”) will be created by (i) filling out the registration form or (ii) utilising your third-party user profile. The Profile Credentials will enable you to access further Services and you are responsible for their protection and for protection of access to the Services consistently with Clauses 4 (Client Area and Trading Platform) and 7.2.

3.2. When completing an Order you select the version of the FTT Funded Challenge and the amount of simulated capital (the “Initial Simulated Capital”), as well as other options as available which modify the Services (the “Options”). The Options determine the parameters which you must fulfil under the specific Order so that the Trading Objectives of the FTT Funded Challenge under such Order are fulfilled. The Options you select also apply to the subsequent Funded Account (see Clause 6 (FTT Funded Account)). Once you select the Options, you may not change them for that Order. More information on the Options is available on the Website.

3.3. Data entered in the Order form can be reviewed and amended until you make the Order. The Order is finalised and binding, with payment obligation, by submitting the Order form.

3.4. During the application process, you must provide all required information about yourself. All data which you provide to us must be complete, true, accurate, not misleading and up to date. We are under no obligation to verify the data you provide to us. You must immediately update such data in the Client Area to reflect any change. You represent that you have all rights and consents necessary to provide any data to us.

Fees and payment conditions

3.5. The fee for the FTT Funded Challenge (the “Challenge Fee”) varies according to the Initial Simulated Capital you select when completing the Order. More information on the Challenge Fee is available on the Website.

3.6. Discounts and other benefits may not be combined, unless we expressly stipulate otherwise. We reserve the right to also provide the Services under individually agreed conditions, determined by us at our own discretion.

3.7. Payment of the Challenge Fee is made pursuant to individual Orders. The Challenge Fee is stated in USD but can also be paid in other currencies or cryptocurrencies listed on the Website, including through a selection of twenty (20) different cryptocurrencies. If you select a payment currency other than USD, we will convert the amount of the Challenge Fee according to a market exchange rate we derive from current market rates, and your payment total in your chosen currency will be displayed before you confirm the Order. You acknowledge that if the payment is made in a currency other than the one you have chosen on the Website, the amount will be converted according to the exchange rates of your bank or payment services provider.

3.8. You can pay the Challenge Fee via the payment means offered on the Website at the time of payment, including payment card, bank transfer and the cryptocurrencies referred to in Clause 3.7. In the event of payment by credit or debit card or via another express payment method, the payment will be made immediately. If you select a bank transfer, we will send you a proforma invoice in electronic form and you undertake to pay the amount within the period specified in it. The fee is considered paid when the required amount is credited to our account. If you do not pay the due amount on time, we are entitled to cancel your Order. You are responsible for all fees charged to you by us or the selected payment service provider in connection with the transaction, and you must ensure that the Challenge Fee according to the individual Order is paid in full.

3.9. The Challenge Fee is inclusive of any sales tax that we are obliged to pay or withhold with respect to the receipt of the Challenge Fee in accordance with applicable tax laws and regulations. Nevertheless, you should consult your own tax advisor regarding your tax obligations in connection with the use of the Services. We have no responsibility for your personal or business tax liabilities.

3.10. We will confirm receipt of your Order to you and we will provide login credentials for the Trading Platform (the “Trading Platform Credentials”) after receiving payment of the Challenge Fee, or without undue delay if no payment is required.

3.11. In case we adopted measures to prevent you from using our Services in the past and have now agreed to lift these measures, we may require you to pay our related expenses.

Refunds

3.12. You may request a refund of the Challenge Fee if no simulated trades have been placed on the relevant account within three (3) calendar days after registration of that Order. Once trading activity begins, or once three (3) calendar days have passed since purchase, whichever occurs first, the Challenge Fee is no longer refundable.

3.13. Certain versions of the FTT Funded Challenge are not eligible for a refund at all. The refund policy, including which FTT Funded Challenges qualify for a refund, is set out on the Website at https://fttfunded.com/faqs/general#refund-policy, together with the date from which it takes effect. Whether a given FTT Funded Challenge qualifies for a refund is also shown on the purchase page at the time of checkout, and that indication prevails over the general rule in Clause 3.12.

3.14. Except as set out in Clauses 3.12 and 3.13 and in Clause 11 (Right to withdraw from the Agreement), once paid, you are not entitled to a refund of the Challenge Fee under any circumstances, including where you cancel your Client Area, terminate the use of the Services, fail to meet the Trading Objectives, or breach these Terms.

3.15. Acting reasonably, we are entitled to stop providing any of the Services to you and to refuse any future provision of any Services if you lodge a complaint regarding the fee paid which we deem to be unjustifiable, or if you dispute the Challenge Fee with your bank or payment service provider (for example through chargeback services, dispute services or similar) on the basis of which an annulment, cancellation or refund of the fee or any part thereof is requested.

Number of Orders

3.16. Subject to Clauses 3.17 and 3.18, you can place multiple Orders and each Order, once complete, constitutes a separate Agreement.

3.17. Unless we grant you an exception, you may hold up to five (5) accounts at the same time, regardless of the Initial Simulated Capital of each account. Accounts held under both FTT Funded Challenges and Funded Accounts count towards this limit.

3.18. We reserve the right to limit the total number of Orders you can make:

3.18.1. The total number of Orders may be limited in aggregate in case other clients connected to you are using the Services, for example where you and such other clients share a household, a payment method, a device or an IP address, or where you otherwise trade in coordination with them.

3.18.2. If, at our discretion and acting reasonably, we determine that you place an unusually large number of Orders, we may notify you through the Client Area as a protective precaution to mitigate potentially harmful behaviour. If the behaviour continues after such notice, we reserve the right to suspend any further Orders by you or invoke a cool-down period. If we identify that such unusual behaviour relates to your involvement in Forbidden Trading Practices, we may take any of the respective actions set out in Clauses 7 (Rules of Simulated Trading), 10 (Breach of these Terms) and 12 (Duration and termination of the Agreement). We reserve the right to determine, at our own discretion, the nature of the behaviour described above and reasonable boundaries for such determination.

3.19. Unless we grant you an exception, the Initial Simulated Capital may not be transferred between products (individual Orders) or mutually combined. You may also not transfer or combine your performance, Service parameters, data, or any other information between the products (individual Orders).

4. CLIENT AREA AND TRADING PLATFORM

4.1. Access to all Services will be through the Client Area, or by the provision of access to applications provided by us or third parties.

4.2. After we receive payment of the Challenge Fee for the individual Order, we provide you with the Trading Platform Credentials in the Client Area. You can have only one Client Area and all of the Services you order must be maintained in this Client Area. The Profile Credentials are linked to a single email address which may not be changed after registration.

4.3. Access to the Client Area and the Trading Platform is protected by the Profile Credentials and Trading Platform Credentials respectively, which you must not share with any third party.

4.4. You are responsible for all activities that are performed through the Client Area or Trading Platform, or otherwise using your Profile Credentials or Trading Platform Credentials. We bear no responsibility, and you are not entitled to any compensation, for any misuse of the Client Area, Trading Platform or any part of the Services occurring for any reasons on your part.

4.5. You may request cancellation of the Client Area at any time by sending an email to support@fttfunded.com. This right survives the termination of the Agreement. Sending a request for the cancellation of the Client Area is considered a termination of all Agreements concluded between you and us under Clause 12.2.4, resulting in you no longer being entitled to use the Services or to access the Client Area and the Trading Platform. In such a case, you are not entitled to any refund of any fees already paid or costs otherwise incurred.

4.6. If you previously had a Client Area which was cancelled and you would like to create a new Client Area, you can send an email request to us. However, we are under no obligation to accommodate such requests and will do so at our sole discretion.

4.7. The Services may be temporarily unavailable due to, among other things, maintenance and upgrades. You are obliged to regularly follow our updates regarding maintenance, holidays and other developments impacting trading hours and availability of the Services.

4.8. In order to use the Services, you must possess appropriate technical equipment and software, including third-party software, at your own risk and expense. The Services are compatible and interoperable with technical and software equipment normally used with services of this type. The Website is accessible from the most commonly used web browsers. Internet access, purchase of the equipment, and purchase of the web browser and its updates are at your own risk and expense. We do not warrant or guarantee that the Services will be compatible with any specific equipment or software.

4.9. We provide access to the cTrader and MetaTrader Trading Platforms. The operators of any third-party software, applications or programs which you use to access the Services are persons or entities distinct from us, and such third parties’ own terms and conditions and privacy policies will apply when you use their services and products. Before you make an Order, you should read such terms and conditions and privacy policies. By using a Trading Platform or other third-party software, you agree to those third-party terms and conditions. We will have no responsibility or liability to you in connection with your use of, or interaction with, any third-party software including a Trading Platform.

5. OUR SERVICES

5.1. The main purpose of our Services is to provide you with an educational experience to help you develop your skills as a trader, as well as to evaluate your performance. For this purpose, after registration on the Website, you may access the Trading Platform on which you may perform simulated trading (“Simulated Trading”) as described below.

5.2. Simulated Trading simulates trading on financial markets. Information and market data (price quotes) from real financial markets, based on information obtained from our liquidity providers, is used in Simulated Trading only to reproduce market conditions. No actual trading is taking place and there is no execution of trades in financial markets.

5.3. You acknowledge that:

5.3.1. Simulated Trading is purely fictional, meaning that the trades are simulated and not in real financial instruments;

5.3.2. the amount shown as capital in your simulated account at any point is simulated in nature, does not represent any deposit of funds and has no monetary value;

5.3.3. you will not be paid any remuneration or profits based on the results of your Simulated Trading in the Evaluation Process, nor will you be required to pay any losses; and

5.3.4. to make your Simulated Trading as realistic as possible, we will apply estimated trading costs such as commissions and fees and factor these into your profit and loss calculations.

5.4. Orders submitted in Simulated Trading are processed in a simulated market environment using our liquidity providers, and are executed at the best available market price according to volume and order book structure. An order is therefore not guaranteed to execute exactly at the requested price, and differences may occur between the requested price and the final execution price. You acknowledge that during high volatility or low liquidity, including around economic news releases, spreads may widen significantly and such differences may be more pronounced, affecting order execution both positively and negatively.

5.5. You may participate in the following modes of Simulated Trading:

5.5.1. Free Trial; or

5.5.2. Evaluation Process.

5.6. As part of the Simulated Trading, you have access to the following services, which may differ in scope depending upon which mode you are in:

5.6.1. analytical tools and educational materials;

5.6.2. access to the Client Area; and

5.6.3. other ancillary services, in particular through the Client Area or by accessing applications provided by us or third parties.

5.7. We reserve the right to modify, change, replace, add, or remove any elements and functions of the Services at any time without being obliged to pay you any compensation.

Free Trial

5.8. The following provisions apply to the Free Trial:

5.8.1. You may use certain Services within a limited scope and for a limited period free of charge (the “Free Trial”). Only one active Free Trial is permitted at a time. We reserve the right to suspend or limit the Free Trial at any time in our sole discretion. On expiry of the Free Trial term, access to the relevant Services will no longer be possible. Completing the Free Trial does not entitle you to access any other Services or to use the Services that were the subject of the Free Trial beyond the Free Trial period determined by us.

5.8.2. In addition, we make no, and hereby disclaim any and all, warranties and representations relating to the Services provided to you as part of the Free Trial. We will have no liability arising out of your use of the Services during the Free Trial.

Evaluation Process

5.9. The following provisions apply to the Evaluation Process:

5.9.1. We provide one version of the Evaluation Process: the FTT Funded Challenge, which comprises a single evaluation phase. There is no verification phase and there is no time limit for completing the FTT Funded Challenge.

5.9.2. Passing the FTT Funded Challenge is a pre-requisite to you being granted a Funded Account (see Clause 6 (FTT Funded Account)).

5.9.3. During the Evaluation Process your performance is measured against the Trading Objectives set out in Clause 5.10.

5.9.4. You activate the FTT Funded Challenge by opening the first simulated trade on the Trading Platform. YOU ACKNOWLEDGE THAT, BY OPENING THE FIRST SIMULATED TRADE, YOU EXPRESSLY DEMAND THAT WE PROVIDE THE COMPLETE SERVICES. IF YOU ARE A CONSUMER, THIS MEANS THE COMPLETION OF SERVICES BEFORE THE EXPIRY OF THE PERIOD FOR WITHDRAWAL FROM THE AGREEMENT, WHICH AFFECTS YOUR RIGHT TO WITHDRAW FROM THE AGREEMENT AS SPECIFIED IN MORE DETAIL IN CLAUSE 11 (RIGHT TO WITHDRAW FROM THE AGREEMENT). If you do not activate the FTT Funded Challenge within thirty (30) calendar days of the date on which it was made available to you, your access to it will be suspended. You can request renewal of your access via the Client Area or by email within six (6) months of the initial suspension, otherwise we will terminate the Agreement without any right to a refund of the Challenge Fee.

5.10. Trading Objectives of the FTT Funded Challenge. In order for you to successfully pass the FTT Funded Challenge, you must fulfil all of the Trading Objectives at the same time. The Trading Objectives comprise, among others, a profit target, a maximum daily loss, a maximum overall loss (static drawdown) and a consistency rule. The Trading Objectives are set out on the Website at https://fttfunded.com/faqs/account-and-trading-rules#trading-objectives, together with the date from which they take effect, and may be updated from time to time in accordance with Clause 14 (Changes to these Terms). You must familiarise yourself with the Trading Objectives applicable to your Order before you begin Simulated Trading.

5.11. The Trading Objectives apply to every account size offered on the Website. Where a Trading Objective is expressed as a loss limit, it is calculated on the initial account balance and does not trail the account equity, and a breach constitutes a failure of the FTT Funded Challenge even if the account is in overall profit.

5.12. In order for you to successfully pass the FTT Funded Challenge, you must, in addition to fulfilling the Trading Objectives:

5.12.1. not violate these Terms, in particular the Rules of Simulated Trading (see Clause 7 (Rules of Simulated Trading)); and

5.12.2. procure that the aggregate Initial Simulated Capital on all accounts held by you or parties affiliated with you, individually or in combination, does not exceed the limit set out in Clause 3.17.

5.13. We have no obligation to evaluate the FTT Funded Challenge if you have not closed all simulated trades and pending orders.

5.14. Once you have completed the FTT Funded Challenge, your account is placed under review to verify that you have complied with these Terms. This review consists of a complete analysis of your trading account to confirm that you are eligible for a Funded Account, and usually takes between twenty-four (24) and seventy-two (72) hours.

5.15. If any of the conditions under Clauses 5.10 or 5.12 is breached, we will evaluate the FTT Funded Challenge as unsuccessful, the account will be reset or breached, and you will not be granted access to a Funded Account. In such cases, your account and Services will be cancelled without refund of fees already paid.

6. FTT FUNDED ACCOUNT

6.1. If you successfully complete the Evaluation Process, we may offer you an FTT Funded Account governed by the FTT Funded Account Agreement, whereby you gain access to the FTT Funded Account and may receive a Reward for your Simulated Trading on it. The offer may be time-limited. Successfully completing the Evaluation Process does not guarantee that you will be granted an FTT Funded Account. We are not responsible for you not being granted an FTT Funded Account for any reason.

6.2. You will be advised to read the FTT Funded Account Agreement carefully before agreeing to be bound by it. The trading parameters applicable to FTT Funded Accounts, the conditions for requesting a Payout and the amount and timing of any Reward are set out in that agreement.

6.3. You agree that an FTT Funded Account may not be available to you in case (a) providing an account would result in you exceeding the limit on the number of accounts set out in Clause 3.17, or (b) information provided for “know your customer” or similar identification procedures was found to be incorrect, invalid, misleading or falsified.

7. RULES OF SIMULATED TRADING

7.1. During Simulated Trading, you may perform simulated trades unless these constitute Forbidden Trading Practices. In addition, you must follow good market practice and market standard risk management rules for trading in financial markets set out in Clauses 7.5 and 7.6 (the “Risk Management Rules”). These rules ensure that your simulated trades are replicable with the same or highly similar execution conditions in typical market behaviour and are not designed to circumvent, or ‘game’, our offering. Restrictions may also be imposed by third parties who provide the Trading Platform, or by the trading conditions of the Trading Platform that you select in the Order.

7.2. You agree that the Services are for your personal use only and that only you personally can access the Services and perform simulated trades. This means that you will not, in particular:

7.2.1. allow access to Simulated Trading on any of your FTT Funded Challenge Accounts or Funded Accounts, or data related thereto, by any third party, nor engage or cooperate with any third party in order to have such third party perform simulated trades for you or in coordination with you;

7.2.2. access the accounts of any other person, simulate trades on behalf of any other person or in coordination with such person, or perform any account management or similar services, where you agree to make simulated trades, operate or manage accounts on behalf of any other person, whether performed as a professional or otherwise; and

7.2.3. share access to the Services, including the Client Area and the Trading Platform, with any other person, whether or not that person is also a customer of ours.

7.3. Copy trading between your own FTT Funded accounts is permitted, provided that all such accounts respect the trading, risk, consistency and Payout rules set out in these Terms. Copy trading with accounts not held by you constitutes a breach of Clause 7.2.

Forbidden Trading Practices

7.4. You must not engage in any Simulated Trading which involves Forbidden Trading Practices. A list of Forbidden Trading Practices is available on the Website at https://fttfunded.com/faqs/account-and-trading-rules#trading-rules. You must familiarise yourself with the Forbidden Trading Practices. We reserve the right to determine, at our own discretion, whether certain simulated trades, practices, strategies or situations qualify as or fall within a Forbidden Trading Practice. We may update the list of Forbidden Trading Practices from time to time. We may also impose restrictions on the use of the Trading Platform from time to time if we reasonably suspect that your Simulated Trading involves a Forbidden Trading Practice.

Risk Management Rules

7.5. A fundamental aspect of our mission is to educate traders and enhance their skills to cultivate responsible trading habits. We strive to maintain a secure environment for traders to engage in Simulated Trading and we retain the discretion to implement any measures we consider appropriate to prevent activities we deem analogous to gambling, unsafe for the continuation of the business, or to prevent any other conduct that we, at our sole discretion, regard as misaligned with our mission and values. Practices that resemble gambling — such as exaggerated risk per trade, or attempting to recover losses with disproportionate positions — introduce unnecessary volatility, increase financial risk for both you and us, and undermine long-term sustainability.

7.6. When using the Services you must abide by market standard risk management rules for trading on financial markets. These are defined by us at our discretion, acting reasonably, to ensure that activity is not designed to circumvent our rules and amounts to genuine Simulated Trading strategies. Genuine strategies are strategies using risk management rules a reasonable person would apply when trading on financial markets with their own money. Market standard risk management rules include, as an example, avoiding:

7.6.1. opening substantially larger position sizes compared to your other simulated trades, on any of your accounts;

7.6.2. opening substantially smaller or larger numbers of positions compared to your other simulated trades, regardless of which of your accounts are concerned; and

7.6.3. undertaking repeated Simulated Trading activity that results in higher Risk per Trade Idea, thereby exposing your simulated account to cumulative exposure in a specific symbol or correlated symbols.

Consequences of Forbidden Trading Practices and breach of Risk Management Rules

7.7. If, acting reasonably, we determine that you have engaged in Simulated Trading which involves Forbidden Trading Practices or a breach of the Risk Management Rules, we may, at our sole discretion:

7.7.1. consider it a failure to meet the Trading Objectives, or a breach of the Funded Account;

7.7.2. cancel, consolidate or reclassify one or more of your simulated trades, or remove any transactions that violate the Rules of Simulated Trading from your trading history and/or not count their results in the profits and/or losses achieved in the Simulated Trading;

7.7.3. issue a formal warning highlighting the importance of responsible risk management, it being understood that once a formal warning has been issued, any subsequent violation may result in cancellation of the account;

7.7.4. reduce the offered leverage on any or all of your accounts or simulated trades, including to 1:5;

7.7.5. enforce the limitation on Risk per Trade Idea to the maximum limit we determine, acting reasonably, as a percentage of the Initial Simulated Capital, which must not be exceeded in terms of realised or unrealised loss (drawdown) on any single simulated trade or combination of simulated trades out of one trade idea, including the application of the maximum simultaneous risk rule applicable to Funded Accounts. The maximum simultaneous risk is published on the Website at https://fttfunded.com/faqs/account-and-trading-rules#trading-rules and may be updated from time to time in accordance with Clause 14 (Changes to these Terms);

7.7.6. enforce a limitation on the volume of any specific symbol or asset class when performing Simulated Trading;

7.7.7. impose restrictions on the use of the Trading Platform;

7.7.8. treat the Payout for the payout cycle as lost in accordance with Clause 7.8;

7.7.9. immediately cancel all Services provided to you, including access to the Client Area and the Trading Platform, and subsequently terminate any Agreements concluded with you with immediate effect pursuant to Clause 12.2.2; and/or

7.7.10. introduce any other additional measures we deem necessary, advisable or adequate in order to ensure your Simulated Trading activity reflects long-term sustainability and is not aimed at the mere exploitation of our model, including temporary or permanent consistency measures.

7.8. If we determine that you have engaged in Forbidden Trading Practices or breached the Risk Management Rules, you lose the right to the Payout for the payout cycle in which the breach occurred, and we may in addition apply any of the measures set out in Clause 7.7. Following the determination, your Simulated Trading will be reviewed and, depending on the seriousness of the violation, the measures set out in Clause 7.7 will be applied. We will communicate transparently with you, identify the simulated trades concerned and provide evidence in respect of any action taken. The consequences of a breach in respect of a Funded Account are governed by the FTT Funded Account Agreement.

7.9. We will endeavour to notify you of any action we take. However, we are not required to notify you before taking such action.

7.10. If some or all Forbidden Trading Practices are executed on one or more of your FTT Funded Challenge Accounts or Funded Accounts, or on accounts of various related customers, or by combining trading through several accounts, then we are entitled to cancel all Services and terminate all Agreements relating to all such accounts with immediate effect, and to apply the other measures in Clause 7.7 in respect of all such involved accounts.

7.11. We are not obliged to provide you with any compensation if we take any action against you in accordance with this Clause 7 (Rules of Simulated Trading). You are also not entitled to any refund of the Challenge Fee. In addition, we may adopt measures to prevent you from using our Services in the future.

7.12. We do not bear any responsibility for trading or other investment activities performed by you outside your relationship with us, for example by using data or other information from the Client Area, Trading Platform or otherwise related to the Services in real trading on financial markets, not even if you use for such trading the same Trading Platform that you use for Simulated Trading.

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 PERFORMANCE AND PROFITS OF YOUR SIMULATED TRADING ARE NOT A GUARANTEE OR INDICATION OF ANY FURTHER PERFORMANCE.

8. USE OF THE WEBSITE, SERVICES AND OTHER CONTENT

8.1. All Content is subject to legal protection pursuant to copyright laws and other laws and regulations and is our property or our licensors’ property. We grant you a 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 these Terms. The Content is not sold or otherwise transferred to you and remains our property or our licensors’ property. Any misuse of our or our licensors’ property will result in termination of the Agreement pursuant to Clause 12 (Duration and termination of the Agreement), and misuse of our licensors’ property will also subject you to liability under applicable law outside the terms of the Agreement.

8.2. All trademarks, logos, trade names and other designations displayed on, through or in connection with the Services are our property or our licensors’ property, and we do not grant you any authorisation to use them.

8.3. Except for the rights expressly set out in these Terms, we do not grant you any other rights relating to the Services and the Content. You may only use the Services and the Content as expressly permitted in these Terms.

8.4. When accessing the Services and the Content you agree that you will not:

8.4.1. use any tools that may adversely affect the operation of the Website, the Services or the Content, or that would be intended to take advantage of errors, bugs or other deficiencies of the Website, the Services or the Content;

8.4.2. circumvent geographical restrictions of availability or any other technical restrictions;

8.4.3. make copies or back-ups of the Website, the Services or the Content;

8.4.4. reverse-engineer, decompile, disassemble or otherwise modify the Website, the Services or the Content;

8.4.5. sell, rent, lend, license, distribute, reproduce, spread, stream, broadcast or use the Website, the Services or the Content otherwise than as expressly permitted in these Terms;

8.4.6. use automated means to view, display or collect information available through the Website, the Services or the Content; or

8.4.7. use any other tools or means the use of which could cause any damage to us, the Website, the Services or the Content.

8.5. You must inform us if you use the same payment channel or payment component details, such as debit or credit card, external wallet or crypto address, or the same device (such as computer, mobile phone or tablet) for accessing the Services with any other user of our Services.

8.6. Both you and we undertake to act in accordance with the principles of fair dealing in the performance of the Agreement and in mutual negotiations and, in particular, not to damage each other’s reputation and legitimate interests.

9. DISCLAIMER AND INDEMNIFICATION

9.1. THE SERVICES, THE WEBSITE AND THE CONTENT ARE PROVIDED “AS IS” AND WE HEREBY DISCLAIM, TO THE FULLEST EXTENT PERMITTED BY LAW, 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. WE DO NOT PROVIDE ANY GUARANTEE FOR THE QUALITY OF THE SERVICES AND WE MAKE NO EXPRESS OR IMPLIED REPRESENTATIONS THAT THE SERVICES, INCLUDING THE TRADING PLATFORM AND THE WEBSITE, WILL MEET YOUR OR ANY OTHER PERSON’S REQUIREMENTS, BE COMPATIBLE WITH ANY SOFTWARE, SYSTEM OR OTHER SERVICES, OR BE ACCURATE, COMPLETE, FREE OF ERRORS OR FULLY ACCESSIBLE AT ALL TIMES.

9.2. To the fullest extent permitted by law, we are not responsible for:

9.2.1. any harm, including any direct, indirect or consequential damage, including lost income or 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 instrument, functionality, information or any other content available in connection with the use of the Services or elsewhere on the Website;

9.2.2. our failure to provide the Services if that failure occurs due to technical or operational reasons beyond our 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, or if we are prevented from providing the Services as a result of any obligations imposed by law or a decision of a court or tribunal or public authority with competent jurisdiction over us;

9.2.3. any products, services, applications or other third-party content that you use in connection with the Services, and we do not make any express or implied representations as to the compatibility of the Services with any such third-party content;

9.2.4. the Trading Platform and any information displayed on the Trading Platform, all of which is provided by a third party, or for any interruptions, delays or inaccuracies in the market or statistical data displayed through the Trading Platform or the instruments accessible within the Services or otherwise in connection with the Trading Platform; and

9.2.5. the unavailability of the Client Area or Trading Platform, or for damage to or loss of any data or other content that you upload, transfer or save through the Client Area or Trading Platform.

9.3. In case our liability is inferred in connection with the operation of the Website or provision of the Services by a court or tribunal or any other public authority with competent jurisdiction over us, this liability will be limited to a maximum amount of USD 10,000.

9.4. Nothing in these Terms is intended to exclude, restrict or modify the application of any implied condition or warranty, any provision, the exercise of any right or remedy, or the imposition of any liability under any consumer protection statute applicable to you where to do so would contravene that statute, or cause any provision of these Terms to be void.

9.5. You shall indemnify, hold harmless, and, at our option, defend us from and against any and all losses, damages, liabilities and costs (including reasonable attorneys’ fees) resulting from any third-party claim, suit, action or proceeding (“Third-Party Claim”) that the Services or the Website, or any use thereof, infringes or misappropriates such third party’s intellectual property rights or other proprietary rights, and any Third-Party Claims based on your (i) negligence or wilful misconduct; (ii) use of the Services or the Website in a manner not authorised by these Terms; (iii) use of the Services or the Website in combination with data, software, hardware, equipment or technology not provided by us or authorised by us in writing; or (iv) modifications to the Services or the Website not made by us, provided that you may not settle any Third-Party Claim against us unless we consent to such settlement, and further provided that we will have the right, at our option, to defend ourselves against any such Third-Party Claim or to participate in the defence thereof by counsel of our own choice. To the fullest extent permitted by law, the indemnity provided in this Clause 9.5 shall survive the termination of the Agreement.

10. BREACH OF THESE TERMS

10.1. We may prevent you from ordering further Services and restrict your access to existing Services, including to the Client Area and the Trading Platform, without any prior notice, if you breach any provision of these Terms. If you breach Clause 1 (Eligible customers), Clause 3.4, Clause 7 (Rules of Simulated Trading) or Clause 8 (Use of the Website, Services and other Content), or act in a manner that may damage our reputation, including after termination of the Agreement, we will terminate one or more Agreements and you will lose access to the Services. In addition, we may adopt measures to prevent you from using our Services in the future.

10.2. We are not obliged to provide you with any compensation in the cases set out in Clause 10.1, and you are not entitled to a refund of the fees paid.

11. RIGHT TO WITHDRAW FROM THE AGREEMENT

11.1. If you are a Consumer, you have the right to withdraw from the Agreement relating to an individual Order without giving a reason during a fourteen (14) calendar-day period following the execution of such Agreement. However, with respect to the FTT Funded Challenge, you may not withdraw from the Agreement after you start using the Service purchased under the respective Order. Therefore, your withdrawal right applies only before you open your first simulated trade on the Trading Platform and activate the FTT Funded Challenge purchased by such Order. CONSEQUENTLY, WHEN YOU OPEN THE FIRST SIMULATED TRADE ON THE TRADING PLATFORM DURING THE FOURTEEN (14) CALENDAR-DAY PERIOD FOLLOWING THE EXECUTION OF THE AGREEMENT, YOU THEREBY EXPRESS YOUR CONSENT THAT THE SERVICES UNDER THE PARTICULAR ORDER ARE TO BE PROVIDED IN FULL AND YOU LOSE YOUR RIGHT TO WITHDRAW FROM THE AGREEMENT. If you wish to retain your right to withdraw from the Agreement, please avoid opening your first simulated trade on the Trading Platform during the fourteen (14) calendar-day period after conclusion of the Agreement.

11.2. You must send the withdrawal from the Agreement to us by email at support@fttfunded.com within the specified time limit. We will confirm receipt without undue delay. We will refund the Challenge Fee and any other payment you made to us in connection with the respective Order no later than fourteen (14) calendar days after withdrawal from the Agreement, in the same manner in which you made the payment.

11.3. The right of withdrawal under this Clause 11 is in addition to, and separate from, the refund rules set out in Clauses 3.12 to 3.14.

11.4. We are entitled to withdraw from the Agreement in the case of any breach by you specified in Clause 10 (Breach of these Terms). The withdrawal has effect from the day of its delivery to your email address or through the Client Area.

12. DURATION AND TERMINATION OF THE AGREEMENT

12.1. The Agreement is concluded for a definite period until the FTT Funded Challenge is successfully passed or failed in accordance with Clause 5 (Our services). If you are given access to a Funded Account, the Agreement continues for the duration of the Funded Account.

12.2. The Agreement may be terminated early in the following cases:

12.2.1. The Agreement terminates automatically and with immediate effect:

(a) in case you reject a Modification as set out in Clause 14.1;

(b) upon your death or loss of legal capacity; or

(c) if your registration on the Website is duplicative.

12.2.2. We may terminate the Agreement with immediate effect:

(a) if you do not meet the criteria set out in Clause 1 (Eligible customers);

(b) if you do not pay the Challenge Fee as set out in Clause 3 (Order of Services);

(c) due to your inactivity as set out in Clause 5.9.4;

(d) if you breach the rules regarding personal use of the Services set out in Clause 7.2;

(e) if access to the Client Area is terminated;

(f) if you engage in Forbidden Trading Practices as set out in Clauses 7.7 to 7.11;

(g) if we determine, acting reasonably, that the provision of Services under the Agreement would adversely affect our ability to comply with our legal obligations or orders or decisions of any court, tribunal or public authority;

(h) as a result of your breach of these Terms as set out in Clause 10 (Breach of these Terms); or

(i) as a result of a change to these Terms as set out in Clause 14 (Changes to these Terms).

12.2.3. In addition, we reserve the right to terminate the Agreement with you in respect of an FTT Funded Challenge Account or a Funded Account in case of your prolonged inactivity. Prolonged inactivity is when:

(a) you do not open at least one simulated trade on the Trading Platform for a period of thirty (30) consecutive calendar days; or

(b) you purchased an FTT Funded Challenge and did not use it, in which case the account may be deactivated after one (1) month of inactivity.

12.2.4. Either party may terminate the Agreement without cause by serving a written notice at least seven (7) calendar days in advance on the other party in accordance with Clause 18 (Communication and notices).

12.3. If the Agreement is terminated, all Services provided under such Agreement are terminated.

12.4. Notwithstanding any other provision of these Terms, the following Clauses will survive the termination of the Agreement: 8 (Use of the Website, Services and other Content), 9 (Disclaimer and indemnification), and 15 (Your personal information and Simulated Trading information).

12.5. We are not obliged to provide you with any compensation if we exercise our rights set out in Clause 12.2.

13. TECHNICAL ISSUES, DEFECTIVE PERFORMANCE AND COMPLAINTS

13.1. If you encounter any technical issue or defect of the Services, you agree to report it to us at your earliest convenience at support@fttfunded.com, with the account identified and a description of the issue including the date and time. In case you proceed to perform new simulated trades after observing a technical issue without receiving a response from our team, you may be deemed fully responsible for the outcome of such simulated trades, even if these were affected by the identified technical issue. You acknowledge that we use tools utilising artificial intelligence for various tasks related to the Services, including by our technical support team.

13.2. If the Services do not correspond to what was agreed or the Services have not been provided to you, you can exercise your rights from defective performance. When exercising the rights from defective performance, you may only request that we remedy the defect or provide you with a reasonable discount. If the defect cannot be remedied, you can withdraw from each affected Agreement or claim a reasonable discount.

13.3. If you have any complaints or suggestions, we will be happy to discuss them directly with you. You can file a complaint by sending an email to support@fttfunded.com. We will try to resolve any complaint you lodge as soon as possible, however no later than within thirty (30) calendar days, and we will confirm its receipt and settlement to you in writing.

14. CHANGES TO THESE TERMS

14.1. We may amend these Terms in the future (each such amendment a “Modification”). We will send you a notice of any Modification at least seven (7) calendar days before the change in the Terms is effective, via the Client Area or by email. Your continued use of the Services will constitute acceptance of the Modification. If you do not agree with the Modification, you are entitled to reject it by email no later than on the last business day before such changes take effect. In such a case all Agreements will be automatically terminated. We are not obliged to pay any compensation to you in case of any Modification.

14.2. If the Modification offers you a new service or other additional functionalities, or this change is solely to your advantage, we can inform you about this change less than seven (7) calendar days before the effective date of such change, but no later than the day before its effectiveness.

14.3. We may amend these Terms to, among other things:

14.3.1. introduce new services or products or amend existing services or products;

14.3.2. reflect legal or regulatory requirements applicable to us or the Services;

14.3.3. make these Terms easier to understand and more helpful;

14.3.4. adjust the way our Services are provided, particularly due to technological developments or changes in background processes; or

14.3.5. reflect changes in the cost of offering the Services.

15. YOUR PERSONAL INFORMATION AND SIMULATED TRADING INFORMATION

15.1. When providing the Services we will process your personal data in accordance with the Privacy Policy, which may be updated from time to time.

15.2. You represent that you have all rights and consents necessary to provide us with any personal data you submit, and that such data relates to you and not to any third party.

15.3. You acknowledge that while providing the Services we have access to information about simulated trades that you perform on the Trading Platform. You consent to us sharing this information with our affiliates, and to us and our affiliates using this information, including, without limitation, in connection with our or their trading in financial products or to improve our or their services, at our or their sole discretion, or processing and analysing this information, including by automated means. The information about simulated trades that you perform on the Trading Platform which we share, use, process or analyse pursuant to the preceding sentence is always anonymised. You agree that these activities may be performed automatically without any further consent or consultation on your part. You agree that you have no right or entitlement to any benefit in connection with the use of such data by us or our affiliates, and that we are not obliged to provide you with any information relating to our specific use of such information. Your consent survives the termination of the Agreement.

15.4. The termination of the Agreement does not affect the processing and use of any personal data or Simulated Trading information obtained prior to termination.

16. OUT-OF-COURT CONSUMER DISPUTE RESOLUTION

16.1. It is our objective that our customers are satisfied with the FTT Funded Services. If you have any complaints or suggestions, we will be happy to resolve them directly with you and you can contact us using the details in Clause 18 (Communication and notices).

16.2. This Clause 16.2 applies only to a Consumer who is an EU resident. You can use the platform at the following website to resolve disputes online: https://www.ec.europa.eu/consumers/odr. Such disputes may be initiated provided that you and we did not manage to resolve the dispute directly.

17. GOVERNING LAW AND JURISDICTION

17.1. The Agreement, including these Terms, and any Services provided thereunder and any non-contractual obligations arising under the Agreement, are governed by the laws of the State of New Mexico, United States, without regard to its conflict of law provisions.

17.2. Without prejudice to Clause 16 (Out-of-court consumer dispute resolution), the state and federal courts located in Bernalillo County, New Mexico, United States, have exclusive jurisdiction to settle any dispute arising under or in connection with the Agreement (including a dispute relating to the existence, validity or termination of the Agreement).

17.3. The provisions of Clauses 17.1 and 17.2 do not deprive Consumers of the protection afforded to them by the mandatory laws of the jurisdiction in which they are resident.

18. COMMUNICATION AND NOTICES

18.1. We will generally communicate with you, and give you notices in connection with the provision of the Services, electronically via the Client Area or to the email address which you have registered with us. You may not change the email address after registration. You consent to us providing any notices or documents which we are required to provide to you under applicable law in this manner. Such communication is considered written communication and delivered when we have sent it to your registered email address or when it has been added to the Client Area. You are responsible for ensuring that your email address is accessible to you for the purpose of receiving communications from us.

18.2. Our contact email address is support@fttfunded.com and our contact address is 1209 Mountain Road Pl NE, Ste N, Albuquerque, NM 87110, United States. Please use these details for all communication regarding the Agreement or the Services. We will consider a notice or communication to be received when it is actually delivered to our designated email address.

19. GENERAL

19.1. We have not adopted any consumer code of conduct.

19.2. The Agreement is concluded in the English language. By entering into the Agreement and accepting the Services, you confirm that you understand the English language and agree to communicate with us in English for all purposes arising under the Agreement, including with respect to submitting and resolving any issues you raise. Any translation of these Terms into another language is provided for convenience only, and in the event of any conflict the English version prevails.

19.3. We archive the Agreement in electronic form. A copy of the Agreement, including these Terms and your Orders, is available in the Client Area.

19.4. The Agreement, together with any other documents incorporated herein by reference, constitutes the sole and entire agreement between you and us with respect to the subject matter of the Agreement and supersedes all prior and contemporaneous understandings, agreements, representations and warranties, both written and oral, whether express or implied, with respect to such subject matter. In the event of a conflict between the wording of the main text of these Terms and any document referred to in these Terms, including information published on the Website, the main text of these Terms shall prevail, except that, where these Terms expressly state that a matter is set out on the Website — namely the Trading Objectives (Clause 5.10), the Forbidden Trading Practices (Clause 7.4), the maximum simultaneous risk (Clause 7.7.5), the Restricted Jurisdictions and KYC requirements (Clause 1.1), and the refund policy (Clause 3.13) — the information published on the Website prevails as to that matter, and is incorporated into these Terms by reference. Each such item is published on the Website together with the date from which it takes effect, and any change to it is subject to Clause 14 (Changes to these Terms).

19.5. You agree that we may assign or transfer the Agreement, any part thereof or any individual obligations or any individual rights arising therefrom to a third party. We may also agree with a third party on any assumption of our debts and obligations under the Agreement at any time and at our sole discretion. You may not transfer the Agreement, any part thereof or any individual obligations or any individual rights arising therefrom to a third party without our prior written consent.

19.6. If at any time any provision of the Agreement is or becomes void, illegal, invalid, ineffective or unenforceable in any respect, it will not affect the validity, effectiveness and enforceability of the remaining provisions of the Agreement. Any such void, illegal, invalid, ineffective or unenforceable provision of the Agreement will be replaced by incorporation of a provision which best achieves the commercial effect that we intended thereby, and is valid, effective and enforceable.

19.7. In no event shall we be liable to you, or be deemed to have breached the Agreement, for any failure or delay in performing our obligations under the Agreement, if and to the extent such failure or delay is caused by any circumstances beyond our reasonable control, including but not limited to acts of God, flood, fire, earthquake, explosion, war, terrorism, invasion, riot or other civil unrest, strikes, labour stoppages or slowdowns or other industrial disturbances, or passage of a law or any action taken by a governmental or public authority, including imposing an embargo.

19.8. 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 Agreement, will be applied, and no rights and obligations will be derived from them for the parties. In addition, they will not be taken into account in the interpretation of manifestations of the will of the parties.

19.9. Each of us acknowledges and agrees that a breach or threatened breach by such party of any of its obligations under Clause 8.4 would cause the other party irreparable harm for which monetary damages would not be an adequate remedy, and agrees that, in the event of such breach or threatened breach, the other party will be entitled to an injunction, specific performance, and any other relief that may be available from any court. Such remedies are not exclusive and are in addition to all other remedies that may be available at law, in equity, or otherwise.

19.10. No failure to exercise, or any delay in exercising, on our part, any right under the Agreement will operate as a waiver, nor will any single or partial exercise of any right prevent any further or other exercise or the exercise of any other right.

19.11. Prior to the conclusion of the Agreement and acceptance of these Terms, both parties to the Agreement have carefully assessed the possible risks arising from them and accept those risks.

20. DEFINITIONS AND INTERPRETATION

20.1. In these Terms, the following terms have the meaning set out below:

  • “Agreement” means the contract between you and us which is concluded when we confirm your Order, as set out in the introductory provisions to these Terms.
  • “Challenge Fee” means the fee for the FTT Funded Challenge, which varies according to the Options, as set out in Clause 3.5.
  • “Client Area” means the user interface located on the Website. Also referred to as the ‘Client Section’ in marketing materials and on the Website.
  • “Consistency rule” means the rule limiting the share of your net profit that any single trading day may represent. Net profit is the sum of your daily results over the relevant period, with losing days deducted from profitable days — that is, the amount by which the account actually grew, and not the sum of the profitable days alone. A single day may therefore represent more than 100% of net profit where you have also had losing days in the same period. The consistency rule applicable to the FTT Funded Challenge forms part of the Trading Objectives set out on the Website; the consistency rule applicable to Funded Accounts is set out in the FTT Funded Account Agreement.
  • “Consumer” means any natural person who is acting for purposes which are outside their trade, business, craft or profession.
  • “Content” means the Website and all the Services, including the Client Area, 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 Services, and includes any such content located on our social networks.
  • “Forbidden Trading Practices” means the trading practices, strategies or situations set out in Clause 7.4, which are strictly forbidden while using our Services, as updated from time to time.
  • “Free Trial” means the option to use certain Services within a limited scope and for a limited period free of charge, as set out in Clause 5.8.
  • “FTT Funded Challenge” means the Service described in Clause 5.9 (Evaluation Process), comprising a single evaluation phase.
  • “FTT Funded Challenge Account” means the simulated trading account related to the FTT Funded Challenge.
  • “Funded Account” means an account for continued Simulated Trading made available to you after you successfully complete the FTT Funded Challenge and pass identity verification, on which Payouts may be requested under the FTT Funded Account Agreement.
  • “Initial Simulated Capital” means the simulated amount that you have chosen when selecting the Options and which you will use to perform Simulated Trading.
  • “KYC” means our “know your customer” verification requirements, as summarised on the Website at https://fttfunded.com/faqs/security-and-verification#kyc-requirements.
  • “Modification” means our right to modify, change, replace, add or remove any elements and functions of the Services at any time by an amendment to these Terms, as set out in Clause 14 (Changes to these Terms).
  • “Options” means the options you select when completing the Order, as set out in Clause 3.2.
  • “Order” means an order of the FTT Funded Challenge and other Services which you make on the Website by completing and submitting the relevant form.
  • “Payout” means a payment made to you in respect of the eligible profit generated on a Funded Account, in accordance with the FTT Funded Account Agreement.
  • “Profile Credentials” means the login credentials for access to the Client Area created during registration.
  • “Restricted Jurisdictions” means the countries where we do not provide the Services and from which we do not accept citizens or residents as customers, as determined by us at our discretion. The current list is available on the Website and may be updated from time to time.
  • “Risk Management Rules” means the good market standard rules and practices for trading on financial markets set out in Clauses 7.5 and 7.6.
  • “Risk per Trade Idea” means the total exposure in a specific symbol, or in correlated symbols, on your account at a given moment or within a specific period, expressed as a percentage of your Initial Simulated Capital, whereas the associated risk is determined by the maximum drawdown of realised or unrealised loss of the positions linked to the same trade idea.
  • “Services” means our services which we enable you to access through the Website and which are further described in Clause 5 (Our services).
  • “Simulated Trading” means the activity that simulates trading on financial markets which you perform on the Trading Platform, in which information and market data (price quotes) from real financial markets based on information obtained from our liquidity providers is used only to reproduce market conditions, no actual trading is taking place and there is no execution of trades in financial markets. Also referred to as ‘demo trading’ in marketing materials and on the Website.
  • “Terms” means these FTT Funded Challenge Terms and Conditions.
  • “Trading Objectives” means the requirements that we set and that you must meet in order to pass the FTT Funded Challenge and be granted a Funded Account, as set out in Clause 5.10.
  • “Trading Platform” means an electronic interface provided by a third party in which you perform the Simulated Trading, being cTrader or MetaTrader.
  • “Trading Platform Credentials” means the login credentials for access to the Trading Platform shared with you after receiving payment of the Challenge Fee.
  • “we”, “our”, “us” and “FTT Funded” mean Advanced Evaluation Firm LLC.
  • “Website” means the website fttfunded.com.

20.2. For the purposes of these Terms, the following expressions and abbreviations have the following meanings:

  • “calendar day” means the period from midnight to midnight, with server close being at 00:00 UTC+0;
  • “USD” means the United States dollar;
  • “EUR” means the euro;
  • “GBP” means the British pound;
  • “CAD” means the Canadian dollar;
  • “AUD” means the Australian dollar;
  • “NZD” means the New Zealand dollar; and
  • “CHF” means the Swiss franc.

20.3. If we use a currency in these Terms, the equivalent in a different currency applies as well.

07 / Take the next step

Why Choose Us?

We are the first prop firm founded and managed by real traders. We understand your needs because we've been in your shoes.

Start ChallengeNo deposit required
FTTFounders’ Ledger
№ 2026/08-FTTLive
Avg trader payout
$ 4,820/cycle
Time to first payout
12days
Funded since
2024Q1