Refined User Agreement

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The usage of services provided by Funded Nation Ltd.

through their website,


www.fundednation.com, is governed by the Funded Nation General Terms and Conditions also
referred to as GTC. You are requested to go through the GTC documents and study all the
details in it to understand the rights granted to you by Funded Nation and the obligations that
accompany the rights. It is in the best interest of readers to fully acclimatize themselves with
the GTC and know the intricate details of Funded Nation terms of service so that you develop
a clear understanding of each and every aspect of Funded Nation services and equip yourself
better for effective use of the services. You may be communicated that using the services of
Funded Nation without acquiring full knowledge of the terms of services might result in
misunderstanding of the aspects of our services leading to practice, activities, and behavior
unwarranted from traders leading to discrepancies.

In light of the above statement, you are asked not to use our services without reading,
understanding, and agreeing with the terms and conditions.

1. Trader Representations

1.1 Once you apply for the services, you give the undertaking that you have no disagreement
whatsoever to our terms and conditions that you are either 18 years old or above, and a person
with no mental disability, and that you have in your full capacity understood the content of this
agreement, and then agreed to use our services.

1.2 In case, you are a third-party representative of a business entity or of any individual,
applying or using our services on behalf of the third party as a representative, you give the
undertaking that you have the required authority to represent, and bind the concerned third
party to the agreement terms with no exception.

1.3 You undertake that your association, as an individual trader or as a representative of a third
party entity or individual, with us does not violate any law of the land of which you are a
registered citizen.

1.4 You also undertake that you owe it yourself to abide by the law, regulations, treaty, statute,
and ordinance imposed on you and/or the third party by the concerned jurisdictions in which
you live and that your concerned jurisdiction allows you to use the services of our company
without any objection.
1.5 As a user of our services, you also declare that you are not into any agreement with any
party that prohibits you to use our services in line with the stated terms and conditions of this
agreement.

Limited License

2.1 The company’s license to you is limited in nature; the license is non-exclusive, non-
assignable, and non-sub licensable and is a royalty free license subjected to terms and
conditions of this agreement and that the company holds the power to revoke your license
without prior notice to you.

2.2 Your continuity of the use of the services is subjected to your declaration and commitment
that you shall not aggregate the services and shall also not indulge in any activities amounting
to intrusion and unwanted interference in the exclusive ownership of the business and its
services.

2.3 Your continuity of the license also warrants that you restrict yourself fully from activities
such as hacking, scraping, reverse-engineering and crawling of the company website unless
such consent is provided to you in written form.

2.4 You also acknowledge that the limited license grants you no entitlement to company’s and
its third parties’ intellectual properties including but not limited to technology, programs,
trademarks, trade secrets, audio video clips, and websites and all its contents and materials.

2.5 You give the undertaking that your access to the services of the company is limited as per
all the clauses of the limited license put above and that the limits are an integral part of this
agreement which you shall fully abide by and have no objection to any of the limited license
clauses.

2.6 You understand, acknowledge, and appreciate the exclusive rights of the company to
express any rights related to limited license and its use in future and that you shall have no
objection whatsoever and undertake to abide by any further limits placed by the company in
future.
Prohibited Uses

3.1 As a signatory to this agreement, you prohibit yourself from using the company services to
commit violation or offence of any law, rules, regulations, ordinance, statute, treaty, at all level
of jurisdiction including, local, regional, provincial, national, and international.

3.2 You also prohibit yourself strictly from violation of the rights of the company and its third
party providers, licensors, and suppliers; rights including but not limited to proprietary rights,
right to intellectual properties, right to privacy, publicity rights and other personal rights.

3.3 The company also prohibits you from using the website including all its materials and
contents and the services for commercial purpose.

3.4 The website and the services, as mentioned in the trademarks section, belongs solely to the
company and the company holds all the proprietary rights with regard to its ownership,
maintenance, and commercial use.

3.5 The software programs and the technologies incorporated in the website also belongs to the
company with exclusive right to ownership and hence, the company prohibits you from using
these intellectual properties to your advantage through established, unestablished, known and
unknown unfair means; activities such as crawling, aggregating, hacking, reverse engineering,
re-engineering, or circumventing or bypassing patented technologies to create refurbished
products are some of the known unfair means.

3.6 The emails sent to you from the company is a business interaction between you and the
company that might contains offers, discounts, deduction, payment notification or anything as
such related to the business transaction between you and the company; forwarding of emails to
any third party individuals unless specifically asked to do so is strictly prohibited.

3.7 The company also prohibits traders from implementing some of the trading strategies and
practices that are considered unfair; these prohibited strategies as mentioned below stand in
contradiction with the universal fair trade practices and established trading principles.

 Manipulation and exploitation of loopholes of any kind in the platform including but
not limited to price quotes on trading terminal provided by brokers.
 Collecting or using information privy to company
 Front-running of trades placed elsewhere
 Conduct of trade practices that puts business relationship of the company and its brokers
at risk; in simple terms, trade practices and behaviour that does not comply with the
rules of brokers is prohibited.
 Trading behaviour and practices that does not align with regulatory authorities of the
company and its brokers
 Utilizing third party assistance to pass audition and gain access to services of the
company; practicing off the shelf strategy of such kind by traders shall amount to
outright violation of the terms of this agreement.
 Passing evaluation with one strategy and utilizing another strategy while trading on
simulated accounts with the company provided resources including simulated accounts,
and platforms
 Utilizing multiple accounts to place news day trade that contradicts in movement with
one another to exploit the existing spreads; freedom to news trade in the company
comes with some stated regulations to minimise market risks associated with news day
trading.
 Trading Style Restrictions are namely but not limited to
o Martingale/Layering:
o High-Frequency Trading
o Copy Trading
o Toxic Trading Order Flow
o Long/Short arbitrage, reverse arbitrage
o Tick scalping
o Server execution
o Reverse Group Trading/Hedging
o Hedging
o EA’s which uses any of the above trading styles
o Any other trading style which are not inline with fair trading practices

3.8 You are reminded that the above mentioned strategies are not the only prohibited ones
but they are the most common ones for your general reference; the company reserves the
right to monitor your trading patterns across all accounts held by you and any strategy or
trading practice implemented by you that does not fall in line with the company policy of
fair trade practices will lead to termination of your account without any reimbursement
whatsoever.
4. Disclaimer on learning materials, and resources

4.1 The company shall from time to time put up learning materials in the form of blogs, V logs,
and e-books on its website based on analysis and feedbacks collected from industry experts,
solely for informational and educational purpose; the same shall under no condition be
considered an investment advice, or an obligation to follow.

4.2 The company places no guarantee that the contents of the learning materials put up on its
website for educational and informational purpose is 100 percent accurate; analytical
viewpoints and inference drawn out from such analysis are never accurate to the point of
perfection in any discipline and trading holds no exception in this regard.

4.3 The above declaration on learning materials and resources absolves the company of any
liability in any form whatsoever for the loss incurred by traders as a result of using the
materials’ content to execute orders.

4.4 The client bears the sole responsibility of any loss suffered as a result of using the materials’
content to execute orders.

4.5 In view of the detailed explanation above, regarding the usage of learning materials and
resources, you give undertaking that you shall not use the information as an investment advice
or as a trade obligation and that you shall not hold the company responsible for any loss
whatsoever resulting from the use of information in the materials for trading.

5. Account Creation

5.1 At the time of account opening, you shall have to furnish personal details such as name,
phone number, email address, address of correspondence, date and place of birth, citizenship
details, etc.

5.2 You are hereby informed that KYC verification forms the significant part of the account
opening process; the company shall ask to furnish important documents for KYC purpose and
that is binding on you and that the KYC verification assumes great importance in line with the
following objectives to attain
1. Establish legitimacy of client
2. Ensure legal obligations are fulfilled as per regulations adhered to by Funded Nation
3. Streamline deposit and pay-out process as per established norms in line with the stated
rules and regulations as imposed on the company by regulatory authorities
4. Provides legal assurance to clients and the company in case of discrepancies related to
trading activities, payment and profit sharing
5. Ensure compliance of regulatory authorities to include only those that are permitted and
not barred from using our services by means of sanctions by local, regional, national
and international authorities
6. To prevent prohibited activities of financial crimes, such as frauds, money laundering,
illegal offshore activities, and terror financing etc.
7. To provide you with safe and secured platform in line with the safety and security
standards and prevent your account from exploitation via illegal activities of hacking,
unauthorised access and exploitation.

6. Purchases and Refunds

6.1 The company’s products and services or access to certain restricted parts of the website
may be accessible only on payment through any of the payment methods as designated by the
company; the price of whose are solely for the company to decide and the company is under
no obligation to entertain any suggestion from any third party and that price determination is
purely a matter of internal company policy.

6.2 The company holds the right to change the price anytime it deems suitable as per company’s
pricing strategy.

6.3 Purchase of the products and services may be facilitated on the company website or through
other means such as white label affiliate.

6.4 The company also may extend the scope of its services and introduce new products, and
services to diversify its business; clients willing to access those products and services may need
to subscribe to those on payments made through using any of the designated payment methods.

6.5 The products and services may come with their own terms of use and it is solely on clients
to go through the terms of use of the products and/or services and that your purchase of any of
the products and services is solely at your own discretion; the company in no way shall be
responsible or accountable for any liability to any claims made by you with regard to usability,
warranty, or guarantee of the purchased products and services.

6.6 The company shall make the products and their services available to you only after approval
of the transactions made by you to purchase the products or services.

6.7 The company holds no obligation to refund any amount to client if the client wishes to
return the purchased products and services or discontinue to use any of the products and
services for which the purchase has been made.

6.7 The company holds the right to ask for additional documents, and information for
verification in case the purchasing client is categorized as belonging to ‘high risk’ by the
accounts department and/or the payment processors; clients must oblige to any request for
additional documents or information within 24 hours to avoid revocation of services
accompanying the purchase and that delayed submission at a later date or time provides no
guarantee of the restoration of the services.

7. Guidelines

7.1 The guidelines related to the Services of the company will be made available to you on
the company's website and through email when you have passed the evaluation and
undergone the verification process; the guidelines may be changed from time to time as and
when the company deems it necessary and forms an integral part of this agreement.

8. Trademarks

8.1 The company owns and reserves the exclusive right to its intellectual properties and that
the company name, registered trademarks, logos, designs, that have been put up on websites
are intellectual properties of the company that cannot be used by you or anyone without prior
approval from the company.

8.2 You undertake that you agree with the statement above and pledge to not use intellectual
properties of the company in any manner, in all its original form or in any other form by
modifying or altering the properties for personal gains or to bring disrepute to the company;
the prohibition also extends to using the trademarks in creating domain names, SEO marketing,
meta description and title tags.
8.3 The website of the company belongs exclusively to the company including all the contents,
programs, technology, and the processes involved in creating, displaying and maintaining the
website and that the website and its said materials also comes under intellectual property rights.
You are allowed to access the website solely for the three main purposes; for collecting
information about the business of the company, for using the services, for all the business
transactions including deposit and receiving payment. The company permits no activities other
than these on its websites and strictly prohibits use of websites and its materials for commercial
purposes. The company also prohibits all activities leading and amounting to encroachment of
websites such as hacking and modification.

The above statement in all its form also holds true for the websites of the suppliers and licensors
of the company’s website.

You hereby agree to abide by all the prohibitions put in place with regard to use of websites
and its materials by the company with no objection whatsoever.

8.4 The name of the company, logos, products and services, slogans and taglines, comes under
the trademark of the company, registered through and permitted by the regulatory authority. In
the same manner, suppliers and licensors’ name, logos, products and services, slogans and
taglines, comes under the trademark of their companies. The company prohibits use of the
company’s trademark and also of the trademark belonging to its licensor and suppliers by you
in any manner.

You agree that you fully oblige with and have no objection with the prohibition of the use of
trademarks of the company and that of the trademarks owned by its suppliers and licensors.

8.5 The materials and contents belonging to this website as illustrated above including the
software programs, technologies, documents, audio and video clips are for users to use solely
for personal and non-commercial purpose. The company does not and has not transferred any
right, interest or title to you or to any other user, of the said materials and contents to reproduce,
distribute, publish, modify, transmit, sell, or exploit the contents and materials in any manner;
the prohibition also bars users from using the works to create derivatives and use the outcome
for business purpose either in part and /or as a whole. You may be informed that the exclusive
rights of the software programs belong to the company or its third party suppliers and licensors
and that the rights stand protected as per USA intellectual property rights, and cyber laws and
protection bill. The stringent law prohibits you or any user to indulge in any sort of
modification, reproduction, republication, transmission, distribution, display, performance, re-
engineering of the programs, by-passing of the loopholes to create refurbished products and
use them for commercial purpose.

In a nutshell, all the contents including software programs displayed on the websites, are fully
owned by the company and/or owned by its suppliers and licensors and these are licensed, and
copyright protected, in accordance with the relevant law of the United states. Unauthorised use
as mentioned above of any of the contents and materials shall amount to egregious violation of
companies’ and/or its suppliers’ ownership rights and the company and/or its suppliers reserves
the right to sue violators in accordance with the laws as applicable to the committed violation.

9. Disclosure Statement

9.1 Your participation in trading and financial markets necessitates that you know some of the
basic rules commonly referred to as thumb rules by traders. Some of the most important of
them are as follows

 Never ever invest money that you cannot afford to lose.


 You should be aware of the risks involved in financial market investment
 Your investment objectives should be clear to you and you should work out your
investment plan by keeping your objectives in mind.
 Experience matters a lot when it comes to handling unprecedented loss or any abnormal
gains.
 Trading psychology is one of the most important aspects of trading and traders who
have known to manage their psychology have done well in the long run
 Your risk appetite is your ability to consume loss and you should be well aware of your
own risk appetite.

9.2 CFD transactions or any other over the counter transactions through real or simulated
trading accounts involves simultaneous functioning of multiple platforms and systems in a
given time which makes the transactions vulnerable to system slowdown, hardware and
software failure, communication failures etc. at any point, because of which there might be a
difference between the display price and the execution price.
9.3 CFD transactions involves risks related to creditworthiness, market volatility, contradictory
regulations, news days’ fluctuations etc.

9.4 Leverage trading is a double edged sword and it can either feed you or feed on you; with
leverage trading you may earn huge but you also stand a chance of suffering huge loss.

9.5 The company hereby informs you that the system put in place by the company and that of
its suppliers and licensors conforms to the global financial system standards to provide you
with the best possible connectivity and execution speed despite which malfunctioning or
connectivity issues cannot be ruled out completely.

9.6 The company in no way shall be responsible for any such system slowdown or failure and
that all the risks related to such incidents shall be for you to bear solely.

10. Term and Termination

10.1 The terms as stated in this agreement begins right after the client purchases the service/s
of the company through either its website or through a white label affiliate and remains in effect
till the company terminates the client’s access to the services or the client stops accessing or
using the services by himself.

10.2 The company holds the discretionary authority to terminate the services provided to client,
in part or as a whole, without prior notification to the client. The company further may bar the
client from accessing the website of the company after termination of the services.

11. Disclaimer of Warranties and Limitation of Liability

11.1 YOU ACKNOWLEDGE AND AGREE THAT THE SERVICE AND COMPANY
WEBSITE ARE PROVIDED ON AN “AS-IS” BASIS AND WITHOUT WARRANTY OF
ANY KIND, INCLUDING, BUT NOT LIMITED TO WARRANTIES OF TITLE,
MERCHANTABILITY, ACCURACY, FITNESS FOR A PARTICULAR PURPOSE,
SECURITY, AND NON-INFRINGEMENT. WHEREVER PERMITTED BY LAW, YOU
ACKNOWLEDGE THAT THE COMPANY WILL NOT BE HELD RESPONSIBLE OR
LIABLE FOR ANY CLAIMS, DAMAGES, JUDGMENTS, CHARGES, OR FEES ARISING
OUT OF OR RELATED TO INFORMATION ON THE WEBSITE AND YOUR USE OF OR
ACCESS TO THE SERVICE OR THE COMPANY WEBSITE, INCLUDING, BUT NOT
LIMITED TO COMPENSATORY DAMAGES, CONSEQUENTIAL DAMAGES, SPECIAL
DAMAGES, INCIDENTAL DAMAGES, PUNITIVE DAMAGES, EXEMPLARY
DAMAGES, COSTS AND ATTORNEYS’ FEES, DAMAGES ARISING OUT OF ERRORS
OR OMISSIONS, AND DAMAGES ARISING OUT OF THE UNAVAILABILITY OF THE
WEBSITE OR DOWNTIME. YOU ACKNOWLEDGE THAT YOUR USE OF THE
SERVICES AND/OR THE COMPANY WEBSITE IS AT YOUR SOLE RISK AND THAT
THE COMPANY’S LIABILITY IS LIMITED TO THE AMOUNT THAT YOU PAID TO
USE THE SERVICES OR $1,000, WHICHEVER IS LESS.

12. Arbitration

12.1 Disputes may occur in the course of business transaction at any stage of the business
relationship between the company and the clients. The company acknowledges that disputes
occurring out of misunderstanding and/or misinterpretation of the terms of the agreement are
part and parcel of business and might happen despite all the serious efforts undertaken by the
company to avoid the occurrence of such events. The company, however, urges the clients to
resolve any issues arising out of any sort of misunderstanding or misinterpretation of the terms
amicably at the earliest possible to avoid major confrontation.

12.2 In case the dispute is not resolved amicably despite the best efforts of both the parties or
unwillingness of either of the party or of both the parties to resolve amicably, the same is to be
settled through arbitration in the court of Singapore.

13. Indemnification

13.1 You are liable for indemnification to the company and all the relevant stakeholders
including company officers, members of board of directors, employees, affiliates, subsidiaries,
users for the loss (financial or non-financial) caused to them as a result of lawsuits against you
for any violation from your side relating to the terms in this agreement in the form of attorney
fees or any other form. You are also liable to defend the company in the said matter and this
obligation does not empower or authorise you to exert any control or influence over who the
company chooses as its counsel, and over company’s choice to litigate or go for a settlement
of claims in matters related to indemnification.

14. Force Majeure and unprecedented circumstances


14.1 The company cannot be held liable for any losses to client due to unprecedented
circumstances such as extreme low liquidity, trading outage, radical legislative changes,
sudden hostile environment, natural disasters and so on.

14.2 The company also bears no liability or responsibility of financial losses caused to clients
by unprecedented market conditions in the form of extreme volatility of currency pairs caused
by news day event. The company expects its clients to be fully aware of the possible risks
associated with news trading or news day event and that it is solely on clients to trade with
caution on news days.

14.3 You agree that you have no objection to the above ‘no liability’ rules of the company and
that you shall not held company responsible or liable for any of your losses under the
circumstances as mentioned above.

15. Survivability

15.1 The survival and continuity of this agreement shall depend on your commitment to use
the services in line with this agreement as mentioned and documented and that the company
shall otherwise choose to terminate the agreement and all the services that this agreement
warrants to you if there is non-conformance to any part of the agreement from your side. You
are again reminded that your obligation to indemnify, protect and defend the company and all
its stakeholders forms an integral part of this agreement.

16. Severability

16.1 In case the court of law, to which the company is subservient to, releases any order,
judgement, or verdict that makes any part or parts of this agreement unenforceable or invalid,
the other remaining parts shall not be affected at all and shall remain in effect with full force.

17. Agreement and Interpretation

17.1 This documented agreement is the result of effort of both the parties; the company and the
client. The client, a private individual or an authorised representative of a legal entity and is an
adult (not less than 18 years of age), and the company agrees with the provision of services as
mentioned in the agreement with both the parties having accepted, agreed, and pledged to abide
by the agreement unconditionally and with no reservation.
17.2 The client also agrees that interpretation of any part and/or of the entire agreement shall
not be done with mala fide intention to cause harm to the company.

18. Assignment

18.1 The company alone holds the right to assign the rights and duties of the company under
this agreement; rights including the right to sale of the services of the company and also of the
company as a whole.

18.2 The client is hereby informed that the client holds no such rights as stated above and that
the client is strictly prohibited from assigning his rights and duties.

19. Waiver

19.1 The terms and conditions mentioned in this agreement shall not be waived and neither
considered to have been waived unless the concerned waiver is stated clearly in writing
undersigned by the concerned parties.

20. Entire Agreement

20.1 This agreement binding to you contains all the necessary terms between the company and
you regarding the usability of the services. The agreement supersedes and replaces all other
agreement, if any, previously undersigned by you with the company in any form.

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