Terms & Conditions

Last Updated: January 2024

1. Acceptance of Terms

By accessing and using Fund8r, you accept and agree to be bound by these Terms and Conditions. If you do not agree to these terms, please do not use our services.

2. Service Description

Fund8r provides an evaluation service that assesses traders' skills through a structured 2-phase challenge system. Upon successful completion, traders receive access to funded trading accounts.

  • Phase 1: Demonstrate profitability (8% profit target)
  • Phase 2: Confirm consistency (5% profit target)
  • Funded Account: Trade with our capital and receive profit splits

3. Evaluation Rules

Phase 1 & 2 Rules

  • Profit Target: 8% (Phase 1), 5% (Phase 2)
  • Maximum Drawdown: 6%
  • Daily Loss Limit: 3%
  • Minimum Trading Days: 5
  • All trading strategies allowed except prohibited activities

4. Automatic Breach

Accounts are automatically terminated if rules are violated. This is enforced by automated systems monitoring your account in real-time. No manual intervention or warnings will be provided once limits are reached.

5. Fees and Payments

One-time payment required for Phase 1. Phase 2 is always FREE. No monthly fees or hidden charges. Challenge fees are non-refundable upon breach or completion.

6. Prohibited Activities

  • Tick scalping (sub-1-second trades exploiting latency)
  • Reverse arbitrage
  • Cross-account hedging
  • Account management for third parties
  • Credential sharing
  • Platform exploitation

7. Profit Splits

Funded account profit distributions:

  • $5-10K accounts: 80% trader / 20% company
  • $25-50K accounts: 85% trader / 15% company
  • $100-200K accounts: 90% trader / 10% company

8. Limitation of Liability

Fund8r is not liable for trading losses, platform downtime, third-party service failures, or force majeure events. Maximum liability is limited to the amount paid for the challenge fee.

9. Contact

For questions regarding these terms: legal@fund8r.com