Terms & Conditions

1. Acceptance and eligibility

These Terms apply to all users of the site, including browsers, customers and contributors. By accessing or using any part of the site you agree to be bound by them; if you do not agree, you may not use the site or the Service. The Service is intended only for persons over the age of 18 in countries where it is available, and by registering you confirm that you are over 18. You are responsible for using the Service only in accordance with the laws that apply to you.

2. Nature of the Service (important)

Fandora Funded provides a SIMULATED trading evaluation and educational service. All trading takes place in a simulated environment using simulated capital. The Service is NOT an investment service, brokerage, securities offering or financial product, and nothing on the site is investment, financial, legal or tax advice or a recommendation. No employee or representative is authorised to give investment advice. Past or simulated performance does not guarantee future results. All payments are final and for evaluation purposes only; registration fees grant access to the Fandora platform, models and services and are not refundable, as the service is delivered immediately after purchase.

3. Registration and your account

By registering you confirm you are at least 18 and have legal capacity to enter this agreement, and that the information you provide is accurate, true and complete; you agree to keep it up to date. Only one account per person is permitted, and registering with multiple email addresses to obtain extra accounts, discounts or evaluations is prohibited. You are responsible for keeping your password and login confidential and for all activity on your account, and must notify us immediately of any unauthorised use. Your account is personal to you: you may not share, sell, rent, transfer, or allow any other person to access or trade it, and you may not trade it from another person’s IP address or device. We monitor IP addresses and devices, and access or trading inconsistent with the verified account holder may be treated as account sharing. Account sharing, selling or transfer is a serious breach that will result in termination of the account and forfeiture of the account balance and any pending or future payouts. A breach of these Terms may result in immediate termination of your Services.

4. Identity verification (KYC / AML)

When requested, you must complete our onboarding and verification process, which may include providing identification and other information required under applicable anti-money-laundering and counter-terrorist-financing (AML/CFT) laws. We may refuse, restrict, suspend or terminate a User or account where information provided is incorrect, incomplete, inaccurate or false, or where verification is not satisfactorily completed. You may be subject to periodic re-verification and must promptly inform us of any change to your information.

5. Challenge models and objectives

Fandora Funded offers the following simulated evaluation models. All models use 1:100 leverage, have no time limit (unlimited trading period), and cap used margin at a maximum of 80% of the account at any time. Objectives are measured on the simulated account size:

• Two-Step — profit target 8% in Phase 1 and 5% in Phase 2; maximum overall loss 10%; maximum daily loss 5%; minimum 3 trading days per phase.
• One-Step — profit target 10%; maximum overall loss 6%; maximum daily loss 3%; minimum 3 trading days.
• Instant — funded from the start with no profit target; maximum overall loss 6%; maximum daily loss 3%; minimum 5 qualifying trading days; consistency requirement 20%; maximum 1% risk per trade.

6. Daily loss and maximum loss

You must not exceed the maximum daily loss or the maximum overall loss for your model at any moment. The trading day and daily-loss limit reset at 22:30 UTC (server time) each day, based on the higher of your equity or balance at the reset. The maximum overall loss is static (fixed from the starting balance) on the Two-Step model. On the One-Step and Instant models the maximum loss trails your highest equity (equity high-water mark), ratcheting up as your account grows and locking at break-even (the starting balance) once reached. Breaching any loss limit ends the evaluation without refund.

7. Minimum trading days and consistency

You must trade on at least the minimum number of trading days for your model before you can pass or request a payout. Weekend market-reopen activity before the daily reset does not count as a trading day. On the Instant model a "qualifying day" counts only when the day's net profit is at least 0.25% of the account, and the consistency rule requires that your single biggest winning day is no more than 20% of your total winning profit.

8. Funded accounts, profit split and payouts

When you meet the objectives of your model, your account becomes (or continues as) a funded account. Funded traders keep an industry-leading profit split of up to 90% (up to 95% with the applicable add-on or through scaling). Payouts are available on a regular cycle (every 14 days by default, or every 7 days with the weekly-payout add-on) once profit and eligibility requirements are met. Identity verification (KYC) and a signed trader agreement must be completed before a payout is released. Payouts are made in cryptocurrency to the details you provide.

9. Add-ons and scaling

Optional add-ons may be purchased at checkout, including a 95% profit split, weekly (7-day) payouts, and removal of the minimum-trading-days requirement (where available for the model). Eligible funded accounts may also scale: the account size can grow by +30% of the original size at defined intervals, up to a maximum of $2,000,000, with the profit split increasing toward 95% as the account scales. Add-on and scaling terms are shown at the time of purchase and in your dashboard.

10. Prohibited trading practices

You must trade responsibly and must not exploit the Service or platform inefficiencies. The following are prohibited and may result in a breach, removal of affected trades, restrictions, or termination without refund. We may determine, at our discretion, whether a trade, practice or strategy is a prohibited practice:

• Hedging (holding opposing buy and sell positions on the same instrument, or across your own accounts) — not allowed on any model.
• Latency arbitrage, gap trading, tick scalping, server/execution exploits, high-frequency trading and other toxic-flow strategies.
• Over-leveraging, gambling-style all-or-nothing trades, reverse trading and other reckless risk-taking.
• Trading high-impact scheduled news is restricted: it is allowed only during the One-Step and Two-Step evaluation, and is NOT permitted on Instant accounts or on any funded account (no opening or holding a position from 10 minutes before to 10 minutes after a high-impact event).
• Account sharing, selling, renting or transfer — allowing any other person to access or trade your account, or trading your account from another person’s IP address or device. This forfeits the account balance and any pending or future payouts.
• Accounts may not be inactive for more than 30 calendar days (no executed trades).

11. Risk management

There is no fixed lot-size limit; the size and number of positions you can open are governed by the 80% maximum margin usage, not a lot cap. On the Instant model, the combined open (floating) risk must stay at or below 1% of the account at any time. Funded and Instant positions must carry a stop-loss, added within a short grace period after opening; leaving a position without a stop-loss beyond that period may breach the account.

12. Fair use and anti-abuse

One registration and one first-purchase welcome discount are permitted per person. Creating additional accounts (including with different email addresses), or using multiple identities, to obtain extra evaluations, discounts or promotions, is prohibited and may result in cancellation of the affected orders, discounts and accounts. We reserve the right to refuse service, and to limit or cancel orders that appear to be placed by resellers or that breach these Terms.

13. Payments, pricing and refunds

Prices are shown at checkout and may change at any time without notice. Payment is made in cryptocurrency through our secure checkout, and all payments are final. Because access to the platform, model and services is delivered immediately after purchase, registration fees are non-refundable. You agree to provide current, complete and accurate purchase and account information.

14. Prohibited uses

You may not use the site or its content: for any unlawful purpose; to solicit unlawful acts; to violate any laws or regulations; to infringe intellectual-property rights; to harass, abuse or discriminate against others; to submit false or misleading information; to upload malware; to collect others' personal information; to spam, phish or scrape; or to interfere with or circumvent the security of the Service. Owners and employees of other proprietary-trading firms are not permitted to trade with Fandora Funded.

15. Third parties

The Service may include third-party tools, links, providers and integrations, offered on an "as is" basis without warranty; we are not responsible for third-party content, products or services and are not liable for issues, downtime or errors caused by them. You must comply with any applicable third-party terms. If a third-party provider blocks or restricts you for compliance reasons, we may mirror that restriction on our platform.

16. Disclaimer of warranties and limitation of liability

The Service and all products are provided "as is" and "as available" without warranties of any kind, express or implied. We do not warrant that the Service will be uninterrupted, timely, secure or error-free, or that results will be accurate or reliable. To the maximum extent permitted by law, Fandora Funded and its owners, officers, employees, affiliates, agents, contractors and suppliers shall not be liable for any indirect, incidental, punitive, special or consequential damages, including lost profits, lost revenue, lost data or replacement costs, arising from your use of or inability to use the Service. Any performance split, remuneration or similar compensation is not a guaranteed liability of Fandora Funded.

17. Indemnification

You agree to indemnify, defend and hold harmless Fandora Funded and its parent, affiliates, officers, directors, agents, contractors, licensors, service providers and employees from any claim or demand, including reasonable legal fees, arising out of your breach of these Terms or the documents they incorporate, or your violation of any law or the rights of a third party.

18. Confidentiality of communications

All communications between Fandora Funded and you are confidential, including emails, in-app messages and support conversations. You agree not to publish or make public any part of these communications without our prior written consent. A breach of this provision may result in termination of your access to the Service.

19. Termination and disputes

These Terms remain in effect until terminated. Either party may terminate; we may terminate immediately, without notice, if you breach these Terms or engage in conduct harmful to traders or the Company, in which case you remain liable for amounts due. Initiating a payment dispute or chargeback harms the Company; accounts involved in a dispute, or associated with the same order, may be banned and their other active accounts closed, and we may decline to reinstate them.

20. Governing law and general terms

These Terms are governed by the laws of the State of New Mexico, United States of America, and any dispute shall be subject to the courts of the State of New Mexico. If any provision is held unenforceable, the remainder stays in effect. Our failure to enforce a right is not a waiver of it. These Terms, with the policies posted on this site (including the Privacy Policy and Risk Disclosure), are the entire agreement between you and us. We may update these Terms at any time by posting changes on this page; your continued use after changes are posted constitutes acceptance.

21. Responsible trading

Fandora Funded expects all traders to use simulated accounts with integrity, as if trading their own capital. You should trade with caution and a clear plan, apply sound risk management, avoid over-leveraging, revenge trading, gambling-style behaviour and impulsive decisions, preserve capital in uncertain conditions, and review and adjust your approach over time. Repeatedly failing accounts in quick succession, all-or-nothing risk, and buying accounts to pass by chance rather than skill are contrary to responsible trading and may affect the conditions applied to any new account. Non-compliance may lead to account suspension or closure, restrictions, or denial of performance splits.

22. Contact and company

Fandora Funded is operated by Fandora Funded LLC, a limited liability company registered in the State of New Mexico, United States of America (D-U-N-S 149934265). Questions about these Terms should be sent to support@fandorafunded.com. Fandora Funded reserves the right to review and revise these Terms at any time, without prior notice.