Terms of Service

Prop Firm Capital User Agreement

Welcome

Thank you for choosing Prop Firm Capital.

This User Agreement outlines the terms and conditions under which you may use our services and access our platform. Compliance with these terms ensures a fair and professional trading environment for all participants. By using our services, including but not limited to, purchasing and participating in trading challenges or prop firm programs offered by Prop Firm Capital, you agree to the terms and conditions outlined in this agreement.

1. Acceptance of Terms

By creating an account and participating in our challenges, you confirm that you have read, understood, and agree to be bound by this User Agreement and our Privacy Policy. These documents outline the terms of your relationship with Prop Firm Capital and are legally binding. The updated Terms of Service will apply to all accounts and challenges with Prop Firm Capital, regardless of the original purchase date. By continuing to use our services, you agree to the revised terms.

2. Eligibility

You must be at least 18 years old to use Prop Firm Capital's services. By agreeing to this User Agreement, you represent and warrant that you are 18 years or older and have the legal capacity to enter into a contract in the jurisdiction where you reside.

3. Services Provided

Prop Firm Capital offers trading education, evaluation services, and simulated trading environments that allow users to demonstrate their trading abilities through challenges. Success in these challenges may lead to further trading opportunities and profit-sharing arrangements.Prop Firm Capital provides services that allow users to participate in proprietary trading challenges. Upon successfully passing these challenges, traders may be offered the opportunity to manage a funded trading account based on predetermined rules and conditions.

4. Account Setup

To participate in challenges, you must register and create an account. You agree to provide accurate and complete information during the registration process and to keep such information up to date.

5. Fees and Payments

Fees for participation in trading challenges must be paid upfront and are non-refundable, except under the conditions specified in our Refund Policy. Payment methods accepted include USDT.

6. Refund and Cancellation Policy

6.1 Refunds for Challenge Fees

Refunds are available only for traders in the 2-Step Program and are granted upon the second successful payout for manual passers. No refunds are provided for Step 1 or Instant Funding Programs. Full refunds refer to the net amount paid during the purchase of the challenge.

6.2 Account Termination

If you wish to terminate your account, you may send a written request to [email protected]. Upon processing your request, access to all services, including the trading platform, will be permanently revoked. No refunds will be provided if the account is terminated due to rule violations or other misconduct.

7. Trading Terms and Conditions

7.1 Standard Accounts and Spreads

All trading accounts provided by Prop Firm Capital are standard accounts with spreads that reflect real-life trading environments. Raw spreads are not available.

7.2 Leverage

Leverage varies by instrument and is provided by FXT:

FX: 1:100

Commodities: 1:30

Indices: 1:20

Crypto: 1:10

Please review the contract sizing provided before trading, as margin requirements differ per instrument.

8. Challenge Participation and Profit Targets

8.1 Challenge Requirements

To pass a challenge, traders must achieve the following profit targets:

2-Step Challenge: 8% profit target on each step

1-Step Challenge: 10% profit target

These targets must be achieved while adhering to all operational rules and risk management criteria.

8.2 Minimum Trading Days

Should you meet the challenge profit targets before completing the required 5 trading days, you must continue to trade to fulfill this requirement.

9. Trading Strategy Guidelines

9.1 Expert Advisors (EAs)

EAs are allowed across all account types (Except HFT).

9.2 Weekend Holding

Evaluation Challenges: Holding trades is not allowed unless pre-approved.

Funded Accounts: Weekend holding is not allowed unless pre-approved.

Please read more info on Approval on our FAQ page.

Should the Trading Account not received approval for News Trading, the Account will be marked as failed and void when executing the above action.

9.3 News Trading

Trading within 2 minutes before and after high-impact news releases is prohibited unless pre-approved for swing trades at least 12 hours in advance. Should the Trading Account not received approval for News Trading, the Account will be marked as failed and void when executing the above action.

9.4 Scalping and HFT

Scalping: Defined as trades opening and closing within 10 seconds to 5 minutes: This is allowed.

HFT: Defined as trades opening and closing within 10 seconds:

Only applicable for 1 Step Challenges.

No discount codes should be used (Update 13th November 2024: HFT is Not Allowed for all Challenges & Accounts)

HFT can only be used for Challenge/Evaluation Phase.

HFT cannot be used for Funded Accounts.

Payouts withdrawals for HFT: Profit Sharing on your Funded Account will be entitled 25% profit sharing for the first 5% Gross Profit.

Subsequently, the 2nd withdrawal will be entitled to 50% Profit Sharing, 3rd withdrawal will be entitled to 70% Profit Sharing, 4th and subsequent withdrawals will be entitled to 90% Profit Sharing.

HFT purchases have to write in immediately to [email protected] upon purchase, with details of which MT4 account you want to use HFT on before starting any trades.

Minimum profit withdrawal of 1% applies to all Funded Accounts.

10. Consistency and Gambling Rules

10.1 Consistency Rule

Consistency rule applies for ALL Evaluation Challenges.

All Evaluation Challenges are subject to maximum of 2% profit per day.

Profits above 2% will be removed.

Example: Day 1: You make 2.5% profit. 0.5% will be removed, and 2% will be taken into account.

For 2-Step Challenges, you will need to achieve 8% Target Profit.

The FASTEST way you can pass: 4 days of 2% profits each + Min. $0.01 profit on 5th day

For1 step Challenges, you will need to achieve 10% Target Profit.

The FASTEST way you can pass:5 days of 2% profits each day.

Of course, you may choose to profit slowly at your own comfortable pace until you pass the Challenge.

Swing Traders are encouraged to purchase the [UNLIMITED DURATION] Add-On for more time allowance to pass the Challenge.

10.2 Gambling Rule

Should Gambling Rule 'A' or 'B' be breached, the Challenge Account will be failed and taken as a Hard Breach with no exceptions.

Gambling Rule is defined by 2 key components:

A. Having 1 or more trades that are below the 'Bottom of Range', and above the 'Top of Range' lot size of your Average Trading Lot Size Range (For more info on ATLSR, Read below)

B. Having 1 or more trades that are over/under 2.5x the average trading lot size of the previous 3 trades on the same trading pair.

On Average Trading Lot Size Range:

You can calculate your ATLSR from
https://www.makarios.io/consistency_rules_calculator
The range is determined by adding 100% to your average trade size to determine the maximum value and subtracting 400% to determine the minimum value.

Example: Trader has executed 20 market order trades totaling 200 lots, the calculation would be: Average Trade Size = 200 lots / 20 trades = 10 lots

His Top Range: 20 lots

Hit Bottom Range: 2.5 lots

In this case, Challenge will be considered as failed if there are any trades that are 20.01 lots and/or higher.

'Gambling' Rule is not allowed for all Accounts.

Once a payout withdrawal request is submitted any trades breaching this rule will be considered a breach and we will mark the Challenge as failed.

11. Funded Payouts

Minimum Payout Amount

There is no minimum payout amount for requesting a withdrawal.

However, you must achieve a minimum of 1% net profit after performance fees on your trading account to request a payout. KYC must also be completed and verified.

You may begin KYC as soon as your Funded Challenge Account has been created. KYC takes 3 Business Days to verify, and could be longer due to lack of information, unclear information, or disputes. 

Payout Schedule

Standard Funded Accounts:1st Payout: 50% Performance Payout

2nd Payout: 70% Performance Payout

3rd Payout: 90% Performance Payout

Payout requests can be made 14 calendar days from the first trading day on your Funded Account and every 14 days thereafter. To be eligible, you must have achieved 1% net profit after performance fees before requesting a payout.

HFT Approved Funded Accounts

First 5% profits: 25% Performance Payout

2nd Payout: 50% Performance Payout

3rd Payout: 70% Performance Payout

4th and subsequent payouts: 90% Performance Payout

The same timeline and minimum profit conditions apply, with a required 1% net profit after performance fees for each payout request.

Trading While Awaiting a Payout

All positions must be closed before a payout request can be made. Once the payout request is submitted, refrain from making any further trades until the payout is processed.

Payout Processing

We try our best to review payouts and process them within 3 full business days from the request.

Available payout methods include:

Currently available: USDT TRC-20 (Cryptocurrency). Please provide your USDT TRC-20 Wallet address for a smooth payout transaction.

12. Maximum Funded Capital

The maximum funded capital a trader can unlock is $400,000. This includes all challenges combined, with no more than $400K in active funded accounts across multiple challenges or trading strategies.

13. Prohibited Trading Practices

Any form of cheating or exploiting platform conditions will result in immediate account termination.

Examples include:

Latency Arbitrage

Reverse Arbitrage

Trading on delayed data feeds

Exploiting platform bugs

14. Real Money and Funded Phase

Traders in the Funded Phase trade on demo accounts rather than real money. While traders earn commission payouts based on positive performance, they are using demo accounts that mirror real market conditions. Trade data from experienced traders may be mirrored into the firm’s live fund, allowing for the potential to earn commissions based on trading performance and data analytics.

15. Legal and Regulatory Compliance

Prop Firm Capital reserves the right to modify these terms at any time. Continued use of our services following any modifications signifies acceptance of the revised terms. Traders are responsible for ensuring compliance with all applicable laws and regulations.

16. Limitation of Liability

Prop Firm Capital will not be liable for any losses incurred during the challenge or in the course of managing a funded account. Any direct or indirect financial loss, including but not limited to, loss of opportunity, capital, or income, will not be our responsibility.

17. Privacy and Data Protection

We collect and use your personal data in accordance with our Privacy Policy. By agreeing to this User Agreement, you also agree to the terms of our Privacy Policy available at [Insert privacy policy link]. Prop Firm Capital complies with the Personal Data Protection Act (PDPA) and European GDPR regulations.

18. Governing Law and Dispute Resolution

This Agreement will be governed by the laws of Singapore. Any disputes arising out of or related to this agreement will be settled through binding arbitration in Singapore, as per the rules of the Singapore International Arbitration Centre (SIAC).

19. Inactivity

Trading Challenges with no trades on the trading accounts within 21 days will be archived, and in turn, fail the challenge. Traders are required to place a trade minimally once every 21 days.

20. Affiliates

Referral Fees will be paid based on your Affiliate Link used to refer clients. There is a Minimum Withdrawal of $200 usd, and at least 5 referrals. Both conditions have to be met before your withdrawal application is processed.Affiliate Referral fees will not be paid on all accounts with more than 30% discount (30.1% and above) applied on challenge fee.

21. Prohibited Trading Practices

Any trading methods considered "cheating" are strictly forbidden and will constitute a breach of our Terms of Service. Specifically, exploiting strategies that yield risk-free, consistent profits exclusively on demo accounts is not allowed. Funded Traders are required to trade on their accounts as though they are live accounts. Utilizing strategies that exploit demo accounts will lead to the termination of a Funded Trader’s account, whether during the evaluation phase or while funded.

Examples of Prohibited Strategies:

Exploiting platform or data freezing due to Demo Server errors.

Trading using a delayed data feed.

Trading on delayed charts.

Tick scalping, high-frequency trading, or arbitrage bots

Reverse arbitrage.

Latency arbitrage (Trade duration of less than 10 seconds). Trading Account will be forfeited upon detection of such activity.

Hedge arbitrage or the use of any emulators.

Any form of Trade-Copier across multiple Challenge Accounts

Challenge Account Management from any 3rd party

These are some of the most common strategies that violate our rules, though this list is not exhaustive. Any account found employing unfair strategies or unrealistic trading methods will be ineligible for funding. It is crucial for traders to stay alert to market dynamics, especially during news events, as price fluctuations can cause slippage and account synchronization delays. As a result, we cannot guarantee profits during such volatile periods on funded accounts.

21.1

Countries with Limitations

Due to judicial regulations, traders listed under the countries below are not allowed to perform any activity related to Prop Firm Challenges. Should there be any purchases as such, the Challenge Accounts shall be void with no refund. This means that Prop Firm Capital reserves the right to void any Challenge Accounts as long as the a. Purchase Source or b.KYC documents reflects any evidence that the trader is from any of the following countries.

Afghanistan

Iran

Iraq

Cuba

North Korea

Libya

Somalia

Sudan

Republic of South Sudan

Syria

Yemen

USA

Canada

22. Contact and Support

For questions or support, please contact us at [email protected] or through our official support channels.

By registering and participating in Prop Firm Capital’s challenges, you acknowledge that you have read, understood, and agreed to be bound by the terms outlined in this User Agreement. This version now includes all the terms from the previous agreement,

Addendum to Prop Firm Capital User Agreement

This Addendum is intended to co-exist with the Prop Firm Capital User Agreement. The terms listed in this addendum will supersede and add-on the relevant sections of the main User Agreement when specific promotions are applied. By participating in the promotions outlined below, users agree to these additional terms and conditions.

1. Free 2-Step $5,000 Accounts

Under this promotion, users may claim a free 2-Step Challenge account with an initial $5,000 balance. Under any and all promotions, each user will only be able to claim a maximum of 1 (One) free challenge account per calendar month. Users whom attempt to claim multiple free accounts under different name, address, IP, etc will be banned and blocked permanently.

2.1 Applicable Terms:

All standard rules regarding the 2-Step Challenge and its funded phase, including profit targets, minimum trading days, and risk management rules, will apply.

2.2 Superseded Terms: These terms will apply on top of existing rules:

2.3 KYC

All users whom claim the free 2-Step $5,000 accounts must submit their KYC documents within 48 hours of Challenge Account creation. Should any of the above terms are breached, Prop Firm Capital reserves the right to terminate the account at any point of time.

2.4 Standard 2-Step Challenge Rules:

All other rules related to the 2-Step Challenge and its funded phase, including leverage, consistency, and gambling rules, will remain as described in the main User Agreement.

Effective Date and Terms Compliance

This addendum becomes effective immediately upon activation of the promotions listed above. By participating in these promotions, you agree to the modified terms listed in this addendum. All other terms from the Prop Firm Capital User Agreement remain in effect and enforceable unless specifically superseded by this addendum.For any questions regarding this addendum or the promotions, please contact us at [email protected].

By participating in these promotional offers, you acknowledge that you have read, understood, and agreed to be bound by the terms outlined in this Addendum.