Terms and Conditions

Introduction:

The following Terms and Conditions (hereinafter the “T&Cs”, “Terms”) describe the relationship between you (hereinafter the “client”, “you”) and Trading Cult (hereinafter together the “Company” , “Provider”) represented by Trading Cult Limited a Company registered in St Lucia with number 2025-002516 and registered address at The Johnsons Center, #2 Bella Rosa Road, Suite 202, Gros Islet, Saint-Lucia and by CULTEDGE TECH LTD, a company duly registered in the Republic of Cyprus with registration number ΗΕ 455582. Both entities are authorized to operates the Trading Cult brand and trademark.

This relationship is an e-commerce relationship where the Client is given access to the Company’s platform for the purposes of passing a Challenge (hereinafter the “Evaluation”, “Challenge”, “Services”). The said services are accessible through the website www.tradingcult.com (hereinafter the “Website”). All clients which purchase Challenges by the Company give their consent and acceptance of the Terms and Conditions. In the event that a Client does not agree with the Terms and Conditions below they should refrain from purchasing access to challenges.
By accessing our platform and/or participating in a Challege, signifies the Customer’s acceptance to abiding by these Terms of Service, alongside any additional terms, conditions, and policies referenced herein and/or accessible on our website. The client shall be prohibited to access the website and/or use any services if he/she disagrees with any term of the present Agreement, as outlined hereunder. If these Terms of Service are construed as an offer, acceptance is explicitly confined to these Terms of Service. The Services are exclusively accessible to individuals aged 18 and above, residing in jurisdictions where the Services are rendered. These Terms of Service are applicable to all individuals accessing the platform, including among others, browsers, vendors, consumers, merchants, and/or content creators. You are encouraged to carefully read these T&Cs before making purchases and accessing and using our website.

The Client acknowledges that the Company has not solicited, or in any other way recommended his or her participiation in Challenge(s) as offered by Trading Cult, and that the Client has conducted sufficient research to make an informed decision.

The latest iteration of the Terms and Conditions is accessible on this page at all times. We retain the prerogative to revise, alter, or supplant any segment of these Terms and Conditions by effectuating updates and/or modifications to our website, at any time, without prior notification. It is incumbent upon the Client to periodically review this page for any amendments. Continued use of or access to the website after any modifications being published signifies acceptance of the said alterations.

NOTICE TO CLIENTS:
TRADINGCULT DOES NOT PROVIDE INVESTMENT SERVICES AND IS NOT AUTHORISED TO PROVIDE SUCH. THE COMPANY DOES NOT ACCEPT CLIENT DEPOSITS AND DOES NOT ACT AS A BROKER TO ANY TRANSACTIONS OR ONBOARD CLIENTS FOR THE PURPOSES OF PROVIDING FINANCIAL SERVICES. NONE OF THE SERVICES PROVIDED TO THE CLIENTS BY THE COMPANY CAN BE CONSIDERED INVESTMENT SERVICES. THE PROVIDER DOES NOT OFFER THE CLIENT ANY GUIDANCE, DIRECTION, OR INFORMATION REGARDING THE EXECUTION OF TRANSACTIONS WHEN UTILIZING THE SERVICES OR OTHERWISE, NOR ANY SIMILAR INFORMATION REGARDING THE TRADED INVESTMENT TOOLS. FURTHERMORE, THE PROVIDER DOES NOT ACCEPT ANY SUCH GUIDANCE, DIRECTION, OR INFORMATION FROM THE CLIENT. NEITHER THE SERVICES NOR THE RECOMMENDATIONS CONSTITUTE INVESTMENT ADVICE. THE PROVIDER’S EMPLOYEES, STAFF, AND REPRESENTATIVES ARE UNAUTHORIZED TO PROVIDE INVESTMENT ADVICE OR RECOMMENDATIONS. SHOULD ANY INFORMATION OR STATEMENT FROM THE PROVIDER’S EMPLOYEES, STAFF, OR REPRESENTATIVES BE INTERPRETED AS INVESTMENT ADVICE OR RECOMMENDATIONS, THE PROVIDER SPECIFICALLY DENIES SUCH CHARACTERIZATION AND DISCLAIMS ANY RESPONSIBILITY FOR THEM.

We reserve the right to grant third parties’ access to our infrastructure for the purpose of maintenance related to our website, database, or infrastructure. Such accesses are subject to monitoring and are restricted upon completion of the scope of work.

Terms of use:

To access TradingCult’s platform, models, and services, the Client must submit registration fees. If the service has started (i.e., The Client has begun trading) or if the Client has not completed the evaluation satisfactorily, no refund of the registration fee will be granted back to the client. ALL PAYMENTS ARE FINAL AND EXCLUSIVELY FOR THE PURPOSE OF EVALUATING CHALLENGES.

Provision 1 – Fair usage and Restrictions

By agreeing to these Terms of Service, the Client hereby verifies that they are of legal age in their state or province of residence. As a prerequisite for using the Services, the Client does not participate in illegal or unauthorized activities (including copyright infringement). The Client’s access to the Services will be promptly terminated if any violation of these Terms occurs.

The Provider retains the prerogative to reject the provision of service to any individual at any time and for any reason. The Client acknowledges that their non-sensitive content (excluding credit card information) may be transmitted unencrypted, involving (a) transmissions across various networks, and (b) alterations to conform and adapt to technical requisites of interconnected networks or devices. Credit card information is consistently encrypted during transfer across networks. Without the express written consent of the Provider, the Client agrees not to reproduce, duplicate, copy, sell, resell, or exploit any portion of the Service, usage of the Service, or access to the Service, nor any contact on the website through which the Service is provided. The headings utilized in this agreement are for convenience purposes only and shall not restrict or otherwise impact on the Terms and Conditions.

Provision 2 – Client Acknowledgement

The Client acknowledges that the services and content are provided “as is” with all imperfections, flaws, or potential deficiencies, and that the utilization of such services and content is solely at the Client’s own risk. While the Provider strives to ensure that all information is accurate and up-to-date, it acknowledges that technology may have inherent limitations. Consequently, the Client accepts these potential limitations and agrees to use the services with this understanding. To the fullest extent permitted by applicable law, the Provider disclaims all warranties, whether statutory, express, implied, or otherwise, including, but not limited to, any warranties of merchantability, fitness for a particular purpose, or non-infringement of rights.

By participating in a TradingCult challenge, each trader provides implied consent for their first name and country of residence to be disclosed on the payout certificate. This limited information sharing is used solely for transparency purposes. Any trader wishing to withdraw this consent must notify our customer support team before the certificate is published. TradingCult values your privacy and will never share your full name or other identifiable information without your express permission.

Provision 3 – Pricing of services

Product prices are subject to alteration without prior notification. The Provider reserves the right to amend or terminate the Service (including any accounts offered or any portion or content thereof) at any time and without prior notification. The Provider shall not be held liable to the Client or any third-party for any modification, price adjustment, suspension, or discontinuation of the Service. The Provider maintains the right, albeit not obligation, to restrict the sale of products or services to any individual, geographic area, or jurisdiction. This discretion may be exercised individually. Additionally, the Provider reserves the right to restrict the quantities of any products or services offered. All depictions of products or product pricing are subject to alteration at any time without notification, at the sole discretion of the Provider. Moreover, the Provider reserves the right to discontinue any product at any time. Any offer for any product or service presented on this site is null and void where prohibited. The Company does not guarantee that the quality of any products, services, information, or other materials acquired or accessed by the Client will meet their expectations, nor does it ensure that any errors in the Service will be rectified.

Provision 4 – Identification during Purchases and Payouts

The Company reserves the right to decline any order placed with them. In the Company’s sole discretion, there may be limitations or cancellations on the quantity of items purchased per individual, per household, or per order. These restrictions may apply to orders made by the same client account, the same credit card, and/or to orders that use the same billing and/or shipping address. If an order is modified or cancelled, the Company will make efforts to notify the Client by contacting the email and/or billing address/phone number provided at the time of order placement. Additionally, the Company reserves the right to restrict or prohibit orders that, in the Company’s sole judgment, appear to be placed by dealers, resellers, or distributors. The Client agrees to provide current, complete, and accurate purchase and account information for all transactions made at the Company’s site. The Client also agrees to promptly update their account and other information, including email address, credit card numbers, and expiration dates, so that the Company can complete transactions and contact the Client, as necessary.

Provision 5 – “Guaranteed Payout” Conditions

The Company offers a guarantee for Clients requesting a payout, ensuring that the payout will be processed within 3 business days from approval, or the Client will receive USD 300 compensation. This guarantee shall not be constructed as a waiver of any other right or obligations under the present terms and conditions.

This guarantee is not applicable in cases where the delay is caused by wrong/false information given by the Client, incomplete payment details, bank processing issues, third-party payment delays, compliance reviews, or force majeure events. The Company may review payout requests for compliance with trading rules and anti-fraud regulations, potentially extending processing time and nullifying the compensation.

A payout is considered processed once the Company initiates the transfer to the Client’s selected withdrawal method. This offer only applies to Clients with a funded, eligible and verified TradingCult account who follow the correct payout procedure outlined in the Company trader portal, and does not extend to affiliates or partners of the Company.

The Company also reserves the right to modify, suspend, or terminate this promotion at any time, with any changes communicated through official channels, though payouts requested before changes will still be subject to the original terms.

Provision 6 – Redirections on our website

The content, products, and services available through the Company’s website and platform may contain materials sourced from third parties. Links to third-party websites on the Company’s site may lead the Client to websites that are not affiliated with the Company. The Company is not responsible for reviewing or evaluating the content or accuracy of third-party materials, and it does not guarantee or assume any liability for such materials or websites, nor for any other materials, products, or services provided by third parties.

The Company is not liable for any harm or damages arising from the purchase or use of goods, services, resources, content, or any other transactions conducted through third-party websites. Clients are encouraged to carefully review the policies and practices of third parties before engaging in any transactions to ensure their understanding. Any complaints, claims, concerns, or questions regarding third-party products should be directed to the third party.

Provision 7 – Know Your Customer (KYC)

TradingCult reserves the right to implement robust and comprehensive procedures in accordance with legal and regulatory requirements pertaining to Know Your Customer (KYC), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD).

7.1. Know Your Customer (KYC):

The objectives of the Know Your Customer (KYC) and Enhanced Due Diligence (EDD) procedures are as follows:

• To collect sufficient information and documentation to identify the Client.
• To comprehend the intended nature and objectives of the Clients’ activities, including the strategies to be utilized and the level of financial market expertise to be evaluated.
• To conduct continuous monitoring of trading activities to verify their alignment with the Counterparty’s declared trading strategy, risk appetite, and financial capabilities.

7.2. Customer Due Diligence (CDD):

Customer Due Diligence (CDD) is an essential component for initiating and sustaining relationships with Counterparties. The CDD protocol stipulates:

• Identification and verification of the Counterparty’s identity using reliable documents.
• Assessment of risks associated with the Counterparty based on various factors.
• Monitoring and analyzing the Counterparty’s trading activities for unusual or suspicious activity.

7.3. Enhanced Due Diligence (EDD):

EDD measures may be applied to certain clients based on various risk factors, including but not limited to the client’s profile, the nature of the transaction, business relationships. EDD may include:

• In addition to standard KYC documentation, we may request supplementary documentation to further validate the identity of our clients. This could include recent utility bills, bank statements, or other official records that corroborate the information provided during the onboarding process.
• Detailed assessment to determine the client’s intended use and methodology of our products or services.
• Through analysis, understand the nature of client’s business activities, and the extent of their involvement in high-risk industries or jurisdictions.
• Continuously monitoring the client’s trading activities to assess compliance with established practices and risk parameters.

7.4. The Client can be asked to submit specific documents:

The documents may include a valid photo ID such as: National ID/ Passport/ Driving License and any other relevant documentation.

The Company retains the authority to decline or terminate any business engagement with a client if the Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), or Know Your Customer (KYC) criteria, as outlined herein, are not adequately fulfilled. It should be emphasized that unsuccessful completion of the KYC verification process will lead to the denial of service.

Provision 8 – General Restrictions and Onboarding limitations

The Client is strictly prohibited from utilizing the website or its content for the following purposes:

• engaging in illegal activities;
• soliciting others to engage in unlawful acts;
• violating any international, federal, provincial, or state regulations, rules, laws, or local ordinances; (d) infringing upon or violating our intellectual property rights or the intellectual property rights of others;
• engaging in any form of harassment, abuse, insults, harm, defamation, slander, disparagement, intimidation, or discrimination based on gender, sexual orientation, religion, ethnicity, race, age, national origin, or disability;
• providing false or misleading information;
• uploading or transmitting viruses or any other type of malicious code that may impact the functionality or operation of the Service, related websites, or other websites on the Internet.

The Company reserves the right to terminate the Client’s use of the Service and any related website for any violation of these conditions.

Provision 9 – Payout Limits for Free, Giveaway, or Promotional Challenges

For any Free, Giveaway, or Promotional Challenges (hereinafter referred to as “Promotional Challenges”) offered, TradingCult reserves the right to impose specific payout limits. The structure of the payout for such Promotional Challenges is detailed as follows:

• Profit Share: The payout shall be distributed on a 50/50 basis, whereas 50% of the payout will be allocated to TradingCult, and the remaining 50% will be allocated to the trader.
• Payout Cap: The maximum payout is capped to 2% of the account’s initial starting balance per challenge.

This policy is designed to preserve the integrity of TradingCult’s trading environment whilst ensuring fair opportunities for all participants.

Provision 10 – Restricted Activities and Unfair practices

The following provision must be read conjunctly with the relevant section of the Company’s website’s Frequently Asked Questions (“FAQ”) publicly available on the website and or via the following link.

• Any trades found to be in violation of these provisions are strictly prohibited. When utilizing the Services, the Client is required to comply with the rules and guidelines established in this section and those outlined in the FAQ.
• The Client must refrain from intentionally or unintentionally employing trading strategies that exploit errors in the Services, such as inaccuracies in displayed prices or delays in updates, commonly known as Latency Trading. Also, executing trades using an external or slow data feed and engaging in gap trading are prohibited.
• The Client is forbidden from participating, alone or in collaboration with others, in trades or combinations of trades across connected accounts or accounts held within the platform, with the aim of manipulating trading allowing others to use your accounts. Each client should access its own accounts and should never trade on behalf of others. Examples of such manipulation include entering opposite positions simultaneously.
• Utilizing software, artificial intelligence, ultra-high speed, high-frequency trading, or mass data entry that could manipulate or abuse the Company’s systems or services, or provide an unfair advantage, is strictly prohibited for the Client.
• Engaging in arbitrage of any kind, including triangular, statistical, latency, and market-making, is prohibited. This also includes employing strategies that guarantee the execution of limit orders during periods of low liquidity, as such practices do not reflect actual market conditions.
• Engaging in trading strategies that involve inappropriate risk management, exploit statistical vulnerabilities, or exhibit gambling-like behaviour to gain an unfair advantage is strictly prohibited. This includes, but is not limited to, performing trades inconsistent with typical forex or financial market operations, such as over-leveraging, “all-in” and excessive risk-taking, binary event trading, account rolling, or engaging in activities that may cause financial harm to the Company.
• Copy trading, where trades replicate or mimic the actions of other traders or entities without prior authorization from the Company, is also prohibited.
• Furthermore, the Client is prohibited from engaging in third-party trading or permitting third-party access to or trading on their Challenge Account. Accessing any third-party Challenge Account, trading on behalf of any third party, or conducting any account management services where the Client commits to trade, run, or manage another Account on behalf of another user, is strictly prohibited.
• Opening positions with significantly larger or smaller sizes than the Client’s other trades, as well as utilizing a high level of margin, are prohibited.
• If the Client engages in any prohibited trading practices, the Company may consider it a breach of these Terms and Conditions and reserves the right to nullify all potential profits and subsequently terminate the agreement.
• Additionally, if any or all of the prohibited trading practices are carried out on one or more Challenge Accounts of a Client or on accounts of different Clients, or by combining trading through Challenge Accounts and any Accounts, the Company is entitled to cancel all services and terminate all relevant contracts. Repeated engagement in prohibited practices may result in denial of access to all or part of the Services without compensation.
• The Company shall not bear any responsibility for trading or other investment activities performed outside the relationship with the Company, even if the Client uses the same trading platform for such trading as used for demo trading. This includes any services of third parties used via the platform.

Provision 11 – Restricted Countries

Clients residing in the countries listed below are excluded from our services, including Sign-Up, Challenge Purchase, passing a challenge, and Payout. If you are a national or resident of any of these countries, you will not be eligible for Payouts. Please note that this list is not exhaustive, and the Company reserves the right to amend it without prior notice based on prevailing anti-money laundering laws.

Provision 12: Restriction of Liability; Indemnification and Guarantees

TradingCult makes no assurances, representations, or guarantees regarding the error-free, timely, secure, or uninterrupted nature of the Clients’ use of the service. Neither does the Company guarantee that the results derived from using the service will be accurate or dependable. The Client acknowledges that the Company reserves the right to suspend the service for an indefinite period or terminate it at any time, with or without prior notice to the Client. The Client expressly acknowledges that their use of, or inability to use, the service is solely at their own risk.
The service, along with all products and services provided to the Client through the Company’s service, are offered on an “as is” and “as available” basis for Client use, without any representation, warranties, or conditions of any kind, whether express or implied. This includes all implied warranties or conditions of merchantability, merchantable quality, fitness for a particular purpose, durability, title, and non-infringement.

In no event shall the Company and its directors, officers, employees, affiliates, partners, agents, contractors, subcontractors, interns, suppliers, service providers, licensors, or any other related person be liable for any injury, loss, claim, or any direct, indirect, incidental, punitive, special, or consequential damages of any nature, including, without limitation, lost profits, lost revenue, lost savings, loss of data, replacement costs, or any similar damages. This applies whether based in contract, tort (including negligence), strict liability, or otherwise, arising from the Client’s breach of these Terms and Conditions, use of the service or any products acquired through the service, or for any other claim related to the Client’s use of the service or any product or the Client’s violation of any law or the rights of a third-party.

This includes, but is not limited to, any errors or omissions in any content, or any loss or damage incurred as a result of using the service or any content (or product) posted, transmitted, or otherwise made available via the service, even if advised of the possibility of such damages.

Because some states or jurisdictions do not allow the exclusion or limitation of liability for consequential or incidental damages, the Company’s liability in such states or jurisdictions shall be limited to the maximum extent permitted by law.

Provision 13: Notices and Termination of service

Obligations and liabilities incurred before the termination date will persist even after this agreement’s termination. These Terms and Conditions shall remain in effect until terminated by either the Client or the Company. The Client may end these Terms at any time by informing the Company of their decision to discontinue using the Services or upon cessation of their site usage.

The Company reserves the right to terminate this agreement at any time without prior notice if, in the Company’s sole discretion, the Client fails to comply with any term or provision of these Terms and Conditions. Upon termination, the Client will still be responsible for any outstanding amounts up to and including the termination date, and the Company may restrict the Client’s access to the Services.

The Client must adhere to the following guidelines, failure to do so may lead to account termination.

If the Client contravenes any term of the Challenge or Evaluation phase, encompassing but not limited to stipulations regarding Daily Loss, Minimum Account Balance, Minimum Trading Days, Consistency, Hedging, Costs, Restricted Activities, and Unfair Practices, they will be considered in breach of the Evaluation criteria and, consequently, the Terms and Conditions. Such a breach results in the automatic failure of the Challenge.

Breaches of the limitations outlined in this section will lead to the prompt closure of positions on the trading platform, and the Client’s account may face suspension. In such circumstances, the Company retains the authority to terminate this Agreement.

Termination Request by Client: To terminate their Client Section, a Client must submit a request to [email protected]. Such action signifies the intention to end the contractual relationship, resulting in the loss of access to all Services, including the Client Section and Trading Platform. The Company will acknowledge receipt of the request via email, thereby officially terminating the contract. In this scenario, the Client forfeits any entitlement to refunds of previously paid fees or other expenses.

Repeated Violations: If the Client persists in prohibited practices after receiving a warning, the Company may restrict access to all Services without compensation. No refunds will be provided for fees paid under such circumstances.

In the event that the account is inactive for a period of 30 (thirty) consecutive days, the contract will be automatically terminated with immediate effect. As a result, the challenge will be deemed breached, and the account will be suspended. Any remaining balances, including balances not yet processed for payout, will be considered null and void.

Provision 14: Right to Refund

Activation of Services: Upon payment for the Challenge program, the Client will receive login credentials. By executing the first trade, the Client acknowledges and agrees that the Company completes the Services before the withdrawal period expires, waiving the right to withdraw from the contract.

Non-Activation: If the Client fails to activate the Challenge within 30 calendar days, access will be suspended. Requesting access renewal can be done by emailing [email protected], subject to any applicable terms.

Disputes and Chargebacks: In cases of unjustifiable disputes or chargebacks by the Client, the Company reserves the right to cease services and deny future services at its discretion.

Refunds: A refund request must be submitted within 7 days of registration if no trading activity has taken place. Once trading begins, fees become nonrefundable, with no provision for full or partial refunds.

Provision 16 – Governing Law and Jurisdiction of Courts

The terms governing the provision of Services by the Company to the Client, including any supplementary agreements, are regulated and construed in accordance with the Company’s jurisdiction, the Republic of Seychelles.

Every Client is encouraged to have a comprehensive understanding of and adhere to all local laws and regulations pertaining to their participation in the Challenge. The Client acknowledges that their engagement in the Service is conducted at their own risk and assumes full responsibility for their participation. By using the Service, the Client verifies they are of legal age, 18 years or older, and acknowledges that the Company holds no responsibility for any actions taken by the Client that might violate local laws. Any such violations are solely the responsibility of the Client.

Section 15 – Entire Agreement

The Provider’s decision not to exercise or enforce any right or provision of these Terms of Service shall not be deemed a waiver of such right or provision. Any waiver of rights under these Terms of Service will be effective only if it is in writing and signed by the Provider. These Terms of Service, along with any policies or operating rules posted by the Provider on this site or in relation to The Service, constitute the full and exclusive understanding and agreement between The Client and the Provider. This agreement governs The Client’s use of the Service, overriding all prior or contemporaneous agreements, communications, and proposals, whether oral or written, between the Client and the Provider (including, but not limited to, any prior versions of the Terms of Service). Should any ambiguity or question regarding intent or interpretation arise, it shall be resolved in a neutral manner and not automatically against the drafting party. This approach does not override any statutory rights the Client may hold under applicable consumer protection laws that are not subject to contractual waiver.