Terms & Conditions

1 Definitions

For the purposes of these Terms and Conditions, the following definitions apply:

• "Company," "we," "us," or "our" refers to EdgeProp Capital Ltd, an International Business Company (IBC) incorporated in the Republic of Seychelles (Registration No. IBC-238194), with its registered address at Suite 3, Global Village, Jivan's Complex, Mont Fleuri, Victoria, Mahé, Seychelles. EdgeProp Capital Ltd operates the PropChallenge.Trade brand and all associated services.
• "Platform" refers to the TradeX Pro web-based simulated trading terminal and all associated services available at app.propchallenge.trade.
• "User," "you," or "Trader" refers to any individual who registers and uses our Platform.
• "Evaluation Program" or "Challenge" refers to any paid simulated trading assessment offered on our Platform, including one-step, two-step, or instant-funded programs.
• "Simulated Account" refers to a virtual trading account provided during the Evaluation or Funded phase, funded with virtual/notional capital.
• "Funded Account" refers to a simulated trading account provided to Users who have successfully passed all Evaluation phases, allowing them to earn profit distributions based on performance.
• "Profit Split" refers to the percentage of simulated net trading profits distributed to a Funded Trader.
• "Trading Rules" refers to all parameters defined in your account dashboard, including but not limited to maximum daily drawdown, maximum total drawdown, minimum trading days, and profit targets.

2 Acceptance of Terms

By accessing or using the PropChallenge.Trade website or Platform, creating an account, or purchasing an Evaluation Program, you confirm that you have read, understood, and agree to be bound by these Terms and Conditions and our Privacy Policy.

These Terms constitute the entire agreement between you and the Company regarding the subject matter herein and supersede all prior agreements, representations, and understandings of any kind.

3 Eligibility

To register and use our Services, you must meet the following requirements:

• Be at least 18 years of age or the age of majority in your jurisdiction, whichever is greater.
• Have the full legal capacity to enter into binding agreements.
• Not be a resident of, or subject to applicable sanctions laws of, any prohibited jurisdiction (see below).
• Not be serving as an officer, director, or employee of a licensed financial institution or broker-dealer where such participation would be prohibited.
• Register using accurate, current, and complete personal information.

Restricted Jurisdictions

Our Services are not available to residents of countries subject to international sanctions or embargoes, including but not limited to: Iran, North Korea, Cuba, Syria, Sudan, and Russia (subject to change). We reserve the right to restrict access from any jurisdiction at our sole discretion.

4 Nature of Services

Our Services are:

• A performance evaluation service designed to assess the trading skills of individuals in a risk-free simulated environment.
• A profit-sharing program that compensates skilled Traders based on their simulated performance according to predefined rules.
• Not a regulated investment service or financial product in any jurisdiction.
• Not a guarantee or promise of income.

Participation in our Programs does not establish an employment relationship, partnership, or agency between you and the Company. You are an independent third party participating in a performance-based program.

5 Evaluation Programs

5.1 Program Structure

We offer multiple evaluation formats. The specific parameters (profit target, drawdown limits, minimum trading days, account size) for each program are specified on our website and in your account dashboard at the time of purchase. These parameters form part of your agreement.

5.2 Evaluation Fees

Evaluation fees are paid in exchange for access to the simulated trading environment and the evaluation service. These fees are non-refundable, except where explicitly stated in Section 9 (Fees and Payments). Fees do not represent an investment of capital and are not recoverable from future profits.

5.3 Free Retry Policy

Where a free retry option is offered, it is granted at our sole discretion and subject to the specific conditions communicated at the time of the offer. A free retry does not extend beyond one additional attempt.

5.4 Account Reset

Paid account resets may be available and are subject to additional terms communicated on the Platform. Resets do not provide a refund of the original evaluation fee.

6 Funded Accounts

6.1 Qualification

A Funded Account is awarded upon successful completion of all required Evaluation phases to the satisfaction of the Company. The Company reserves the right to conduct additional verification before granting a Funded Account.

6.2 Nature of Funded Account

The Funded Account is a simulated account provided by the Company. No real capital is allocated to the Funded Trader. Any profit distributions arise solely from the Company's discretionary agreement to share a portion of simulated profits with the Trader.

6.3 Funded Account Rules

Funded Traders must comply with all Trading Rules applicable to their account at all times. Breach of any rule may result in immediate termination of the Funded Account without payout.

6.4 Scaling

Account scaling, where available, is offered at the Company's sole discretion based on consistent performance and compliance with all program rules over a minimum performance period. Scaled account parameters will be communicated upon eligibility.

7 Trading Rules

All Traders must adhere to the specific rules defined on the Platform and in their account dashboard. Common rules include:

• Maximum Daily Drawdown: The maximum percentage or dollar loss permitted in a single trading day.
• Maximum Total Drawdown: The maximum cumulative percentage or dollar loss permitted from the initial account balance.
• Profit Target: The profit level required to advance to the next phase or qualify for payouts.
• Minimum Trading Days: The minimum number of calendar days on which at least one trade must be executed.
• Position Size Limits: Restrictions on maximum lot sizes or risk per trade where applicable.

Rules are checked end-of-day based on the server time displayed in the Platform. The Company's systems are the definitive record of account performance and rule compliance.

8 Prohibited Activities

The following are strictly prohibited and will result in immediate account termination, forfeiture of all fees and profits, and potential legal action:

• Reverse engineering or exploiting platform latency (e.g., arbitrage strategies specifically designed to exploit data-feed delays).
• Use of prohibited trading strategies including but not limited to: high-frequency algorithmic strategies designed to exploit system vulnerabilities, tick-scalping on sensitive news events in a manipulative manner, grid-abuse, and martingale strategies that systematically risk disproportionate capital.
• Copy-trading between accounts you control or have influence over (mirror trading, account pooling).
• Using third-party signal services that service multiple participants simultaneously in a coordinated manner (group copy-trading).
• Providing false personal information during registration or KYC verification.
• Attempting to circumvent trading rules through technical exploits, unauthorised scripts, or any other means.
• Any attempt to manipulate account results through collusion with other traders or structured hedging across multiple PropChallenge accounts.
• Sharing account credentials or permitting third parties to trade on your simulated account.

The Company reserves the right, at its sole discretion, to determine what constitutes a prohibited activity and to take appropriate action, including account termination without refund.

9 Fees and Payments

9.1 Pricing

Evaluation fees are displayed in USD on our website. Prices are subject to change at any time and without notice. Once a purchase is completed, the conditions applicable at the time of purchase govern that specific Evaluation.

9.2 Payment Methods

We accept payments through the payment providers listed at checkout. By making a payment, you agree to the terms of the respective payment provider.

9.3 Refund Policy

All evaluation fees are non-refundable once the Evaluation account has been activated and at least one trade has been placed. In the event that an account is activated but no trades have been placed within 7 days, a refund request may be submitted to [email protected] and will be reviewed on a case-by-case basis. Refunds are issued at the Company's sole discretion.

9.4 Chargebacks

Filing a chargeback or payment dispute will result in immediate and permanent suspension of your account and any associated accounts. You agree to first contact us at [email protected] to resolve any billing issues before initiating any payment dispute with your bank or payment provider.

10 Profit Splits & Payouts

10.1 Profit Split Percentage

The applicable profit split percentage is displayed on your account dashboard. The Company reserves the right to adjust the profit split percentage for future payout periods with reasonable notice.

10.2 Payout Eligibility

To be eligible for a profit distribution, the Funded Trader must:

• Be in full compliance with all Trading Rules.
• Have met the minimum trading day requirement for the relevant payout period (if applicable).
• Have completed KYC/identity verification as required by the Company.
• Submit a valid payout request within the timeframe specified in the Platform.

10.3 Payout Processing

Payouts are typically processed within the timeframe stated on the website from the date of an approved payout request. Processing times may vary based on the payment method selected. The Company is not responsible for delays caused by third-party payment processors.

10.4 Payout Limits

A minimum payout threshold may apply (as displayed in the dashboard). The Company reserves the right to limit the frequency or maximum amount of payouts at any given time.

10.5 Taxes

You are solely responsible for determining and fulfilling all tax obligations related to any profit distributions you receive. The Company does not withhold taxes on your behalf unless legally required to do so. We recommend consulting a qualified tax professional in your jurisdiction.

11 Intellectual Property

All content, technology, software, trademarks, logos, and trade names associated with PropChallenge.Trade and the TradeX Pro Platform are the exclusive property of the Company or its licensors. You are granted a limited, non-exclusive, non-transferable, revocable license to access and use the Platform solely for your personal use in connection with our Services.

You may not:

• Copy, modify, distribute, sell, or lease any part of our services or software.
• Reverse engineer or attempt to extract source code.
• Use our brand, trademarks, or content for commercial purposes without written authorisation.

12 Limitation of Liability

Our total aggregate liability to you for any claim arising out of or in connection with these Terms or our Services shall not exceed the total amount of fees paid by you to us in the twelve (12) months preceding the claim.

This limitation applies regardless of the theory of liability (contract, tort, strict liability, or otherwise), even if we have been advised of the possibility of such damages.

Some jurisdictions do not allow certain limitations of liability. In such cases, the Company's liability will be limited to the maximum extent permitted by applicable law.

13 Disclaimer of Warranties

THE PLATFORM AND ALL SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, OR THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, OR FREE OF HARMFUL COMPONENTS.

We do not warrant that:

• The Platform will meet your specific requirements.
• Simulated trading results reflect the results achievable in live markets.
• The Platform will be available at all times or free of errors.
• Data displayed (market prices, spreads, historical data) is accurate or complete.

14 Termination

The Company reserves the right to suspend, restrict, or terminate your access to any or all Services at any time, with or without notice, for any of the following reasons:

• Violation of any provision of these Terms.
• Suspicious or fraudulent activity.
• Non-compliance with KYC/AML requirements.
• Conduct deemed harmful to the Company, other users, or the integrity of the Program.
• At the Company's sole discretion for any other reason.

Upon termination for cause, you forfeit any outstanding simulated profits, pending payout requests, and access to the Platform. Evaluation fees are not refunded upon termination for cause.

You may terminate your account at any time by contacting support. Termination does not entitle you to a refund of evaluation fees already paid.

15 Governing Law & Dispute Resolution

These Terms shall be governed by and construed in accordance with the applicable laws of the jurisdiction in which the Company is registered, without regard to its conflict of law provisions.

Dispute Resolution

Before initiating any formal dispute, you agree to contact us at [email protected] and provide us with a reasonable opportunity to resolve the matter informally within thirty (30) days.

Any dispute arising from or relating to these Terms that cannot be resolved informally shall be submitted to binding arbitration, where permitted by applicable law, in accordance with the rules of a mutually agreed arbitration body. The arbitration decision shall be final and binding on both parties.

16 Amendments

The Company reserves the right to amend these Terms and Conditions at any time. Amendments will be effective immediately upon posting of the updated Terms on this page. The "Last Updated" date at the top of this document will be revised accordingly.

We will make reasonable efforts to notify registered users of material changes via email or a prominent notice on the Platform. Continued use of the Services after amendments constitutes acceptance of the revised Terms.

If you do not agree with any amendment, your sole remedy is to discontinue use of the Platform and terminate your account.

17 Contact Us

For any questions, concerns, or disputes regarding these Terms, please contact us:

• Company: EdgeProp Capital Ltd
• Registration: Republic of Seychelles, IBC No. IBC-238194
• Registered Address: Suite 3, Global Village, Jivan's Complex, Mont Fleuri, Victoria, Mahé, Seychelles
• Email: [email protected]
• Website: propchallenge.trade/contact

We aim to respond to all inquiries within 2–5 business days.