1. Acceptance
By accessing or using Firstly Funded ("we", "us", "the Service"), you agree to these Terms. If you do not agree, do not use the Service.
2. Nature of the Service
Firstly Funded operates simulated trading evaluations only. All trading activity occurs on demo / paper-trading accounts. No real funds are ever deposited, withdrawn, or traded by you on our platform. We are not a broker, an investment advisor, or a financial institution.
3. Eligibility
You must be at least 18 years old and legally able to enter into a binding contract in your jurisdiction. The Service is not available to residents of jurisdictions where it would be unlawful.
4. Evaluation Fees
Evaluation fees are paid for access to a simulated account and the right to be considered for a funded simulated account based on performance. Fees are not deposits and are not held in trust.
5. Funded Status & Payouts
Reaching "Funded" status means you have qualified to receive a profit-share payout from our company funds, calculated against simulated trading results, subject to the Rules and KYC verification. Payouts are discretionary bonuses, not investment returns.
6. Account Rules
You agree to comply with the Trading Rules, including drawdown limits, prohibited strategies (latency arbitrage, hedging across accounts, news straddling, copy-trading another participant), and any rule updates we publish.
7. Termination
We may suspend or terminate your account immediately for breach of these Terms, fraud, abuse, or where required by law. Outstanding payouts may be withheld pending investigation.
8. Limitation of Liability
To the maximum extent permitted by law, our total liability is limited to the fees you paid in the 12 months preceding the claim. We are not liable for indirect, incidental, or consequential damages.
9. Changes
We may update these Terms. Continued use after changes constitutes acceptance.
10. Contact
Questions: support@firstlyfunded.com