Terms of service

Preamble

fundora-trading.com (hereinafter referred to as "this Website") is operated by Quantum Fund Traders Inc. (Hibiya Fort Tower 10F, 1-1-1 Nishi-Shimbashi, Minato-ku, Tokyo, Japan, hereinafter referred to as "the Company" or "Fundora"). The Company provides this Website and the information, tools, and services (hereinafter referred to as "the Service") available on related websites to customers (hereinafter referred to as "Customers"), subject to the acceptance of all terms, policies, and notices set forth in these Terms and Conditions.
By using this Website, Customers are deemed to have agreed to be bound by these Terms and Conditions, as well as any additional terms and policies referenced herein. These Terms and Conditions apply to all users of this Website, including vendors, Customers, and content contributors.

Application of the Terms and Conditions

Please read these Terms and Conditions carefully before accessing or using the Service. By accessing or using any part of this Website, you agree to these Terms and Conditions and form a legally binding contract (hereinafter referred to as "the Agreement") with the Company. If you do not agree to all the terms and conditions of this Agreement, you may not access this Website or use the Service.

Eligibility for the Service

The Service is intended only for individuals who are legal adults (18 years or older) and reside in a country where the Service is legally permitted. By registering on this Website, you represent and warrant that you are an adult. Minors are not permitted to use the Service.
You acknowledge that the Service may be subject to legal restrictions or prohibitions in certain countries or regions, and you agree to comply with all applicable laws when using the Service.

Amendments to the Terms and Conditions

Any new features or tools added to this Website shall also be subject to these Terms and Conditions. The Company reserves the right to revise, update, or modify these Terms and Conditions at any time. Continued use of this Website after any modifications shall constitute acceptance of the updated Terms and Conditions.

Disclaimer

The Service does not constitute a legally regulated investment service and does not provide investment advice or recommendations. The Company does not offer transaction guidance, investment tools, or investment-related recommendations. Furthermore, the Company will not provide such advice or recommendations even if requested by Customers.
Employees, staff, and representatives of the Company are not authorized to offer investment advice or recommendations. Therefore, any statements or information provided by Company employees, staff, or representatives do not constitute investment advice or recommendations, and the Company assumes no responsibility for them.

System Access and Third-Party Involvement

The Company may temporarily grant third parties access to this Website for troubleshooting or maintenance purposes. Such access will be strictly monitored and revoked upon completion of the work.

Purpose of the Service

The Service is intended for evaluation and educational purposes only and is not designed to provide investment advice or execute trades. Registration fees grant access to the Fundora platform, evaluation programs, and the Service but do not guarantee any investment or trading outcomes.

Headings

The headings used in these Terms and Conditions are provided for convenience only and do not limit or otherwise affect the interpretation of the Terms.

Main Provisions

Declaration of Use of the Service

  • Customers represent and warrant that they are at least 18 years old, have full legal capacity to engage in legal transactions, and possess the legal qualifications required to use the Service in compliance with applicable laws.
  • Customers shall not use the Service for any illegal or unauthorized purposes.
  • Customers shall comply with Japanese laws and the applicable laws of their country or region of residence (including but not limited to copyright laws) when using the Service.
  • In the event of a violation of these Terms and Conditions, the Company reserves the right to suspend or terminate the Customer’s use of the Service without prior notice.

General Conditions

  • The Company reserves the right to refuse the provision of the Service to any Customer at any time for any reason.
  • Customers acknowledge and agree that the Company may transfer their personal information (excluding credit card information) to affiliated entities without encryption for purposes related to the provision of the Service.
  • Customers agree not to reproduce, copy, sell, resell, or exploit any part of the Service or any information (including contact details) published on this Website without the prior written consent of the Company.
  • The Service includes the "Fundora Challenge," and the range of services provided (such as available analysis tools) may vary. The fees for the Fundora Challenge are determined based on the following factors. Please refer to this Website for details and pricing of each option. The final price is determined based on the options selected at the time of ordering the Fundora Challenge.
  • Scope of learning materials related to trading knowledge, trading techniques, tool utilization, indicators, etc. (including guidelines, webinars, and videos)
  • Initial amount of virtual funds
  • Acceptable risk range
  • Parameters required to meet the conditions of the Fundora Challenge
  • Other configurable elements
  • The Company reserves the right to provide the Service based on individual agreements with Customers. These individual conditions shall be determined at the discretion of the Company. Unless explicitly specified by the Company, multiple discounts or benefits cannot be combined.
  • The fees paid are for acquiring access to the Service, including the Fundora Challenge. As a general rule, paid fees are non-refundable. If a Customer disputes a payment, requests a refund, or attempts to invalidate a payment using chargeback services, dispute resolution services, or other means, the Company reserves the right, at its sole discretion, to suspend the provision of the Service and refuse any further service to that Customer.
  • Customers are responsible for preparing the necessary technical equipment and software at their own expense to use the Service. This Website can be accessed via standard web browsers. However, costs related to internet connection, purchasing equipment, or updating web browsers shall be borne by the Customer. The Company does not guarantee compatibility of the Service with specific devices or software. No additional internet connection fees shall be charged by the Company.
  • The Company reserves the right to change or discontinue all or part of the Service, including its content and pricing, without prior notice. The Company shall not be liable for any damages arising from such changes or discontinuation.

Trading Platform, Client Zone, and Fundora Demo Accounts

  • The Company operates a trading platform and related tools (hereinafter referred to as the "Trading Platform") for the purpose of providing demo trading in foreign exchange markets and other financial markets. Customers agree to comply with the Company’s program rules and the designated trading rules and objectives set forth on this Website when using the Trading Platform. The Trading Platform includes the "Fundora Demo Account" (hereinafter referred to as the "Demo Account").
  • Customers acknowledge and agree that the transactions provided by the Company are not real market transactions but are conducted within a simulated environment on the Demo Account. The Demo Account uses virtual currency, and no actual monetary transactions take place. Customers confirm and agree that the purchase and use of the Demo Account are subject to separate contractual terms.
  • The Client Zone is provided as part of the Trading Platform. The Client Zone serves as a dashboard for Customers, allowing them to check details of their Demo Account, request withdrawals of information fees (compensation), access learning materials and videos, and manage their profile settings.

Rules for Demo Trading

  • Customers may conduct transactions freely on the Trading Platform as long as their trading does not fall under the prohibited trading strategies or activities specified in these Terms and Conditions. However, certain restrictions may apply depending on the plan selected by the Customer.
  • Customers acknowledge and agree that the Company and its partner brokers (hereinafter referred to as "Partner Brokers") may access information related to their demo trades conducted on the Trading Platform. Partner Brokers are affiliated entities that connect to the Company's system for the purpose of real-time monitoring, verification processes, and evaluation.
  • Customers agree that the Company may share information about their demo trading activities with individuals or organizations affiliated with the Company, in accordance with the Privacy Policy and applicable laws. Customers acknowledge and authorize the Company and its affiliated individuals or organizations to handle the shared data. Customers agree that they have no right to receive any compensation or revenue from the Company for the use of their demo trading data.
  • The Company does not provide investment advice or trade recommendations for demo trading.
  • Customers may interrupt their demo trading on the Trading Platform at any time.

Prohibited Trading Strategies and Transactions

  • Customers must always use their own trading strategies when conducting demo trades on the Trading Platform at any stage of the "Fundora Challenge" and must not rely on third-party signals, bots, or software. Additionally, trades must be executed based on actual market conditions, and effective strategies applicable in real market environments must be used. Exploiting the conditions of demo accounts or engaging in any form of arbitrage trading is strictly prohibited.
  • The following activities (hereinafter collectively referred to as "Prohibited Trading") are strictly prohibited. In addition to the activities listed below, the Company may impose additional prohibitions or restrictions for participation in the "Fundora Challenge" on its website or FAQ, and Customers must comply with such restrictions.
  • Utilizing price discrepancies or delayed updates as a strategy, or exploiting system bugs. Specifically, engaging in delayed arbitrage trading, reverse arbitrage trading, tick scalping, and high-frequency trading (HFT), where trades are opened and closed within seconds or minutes to profit from small price movements (ticks).
  • Using automated services, robots, or Expert Advisors (EAs) to obtain proprietary trading evaluation certification, or exploiting technical defects in the Trading Platform or infrastructure.
  • Copying third-party trades using manual or copy-trading systems.
  • Transferring access rights to demo accounts to third parties or delegating their management.
  • Using multiple countries’ IP addresses or masking IP addresses to access demo accounts (the IP address used for trading must match the billing address region).
  • Executing transactions using external data feeds.
  • Forming multiple accounts or groups to engage in hedged arbitrage trading or opposing trades.
  • Applying Martingale trading or Martingale strategies.
  • Engaging in front-running trades on other markets.
  • Executing trades that violate the terms of service of Partner Brokers.
  • Using strategies contrary to real foreign exchange market trading methods, or engaging in transactions that could cause losses to Partner Brokers.
  • Exceeding the maximum number of open orders as specified in the FAQ on this Website.
  • Any other prohibited activities specified in this Website or the FAQ.
  • If the Company determines that a Customer has engaged in Prohibited Trading, the Company may conclude that the Customer does not meet the conditions for using the "Fundora Program."
  • If a Customer engages in Prohibited Trading, the Company reserves the right to suspend all demo accounts without notice. As a result, the Customer will lose the right to withdraw information fees (compensation) and any refund of paid fees.
  • The Company retains the right to use automated methods to detect Prohibited Trading and fraudulent activities, with details provided on this Website and in the FAQ.
  • Before granting a professional account or processing withdrawals, the Company may review a Customer’s trading activities to determine whether they constitute Prohibited Trading.
  • If Prohibited Trading is confirmed, the Company will not grant a professional account, and the Customer may also be prohibited from opening new demo accounts.
  • If a Customer places an unusually high number of orders in a short period, the Company may issue a warning as a preventive measure against potentially harmful or gambling-like trading activities. If such abnormal trading behavior continues after the warning, the Company reserves the right to suspend the Customer’s trading.
  • If the Company determines that abnormal trading behavior is related to Prohibited Trading, appropriate measures may be taken.
  • The Company reserves the right, at its sole discretion, to reasonably define and determine the scope of Prohibited Trading.

"Fundora Challenge" Step 1 and Step 2

  • Upon payment of the Fundora Challenge fee, Customers will receive login credentials for the Trading Platform and Client Zone via the email address provided during registration or specified in the Client Zone. Customers can activate the Fundora Challenge by logging into the Client Zone for the first time or executing their first trade in the demo account on the Trading Platform.
  • To meet the conditions of Step 1 and Step 2 of the Fundora Challenge, Customers must fulfill all eligibility requirements published on this Website at the time of registration fee payment (hereinafter referred to as the "Evaluation Program").
  • If a Customer achieves the specified objectives and does not violate the rules or conditions of the Evaluation Program or Article 5, the Company will assess the Customer’s current step as successful and approve their progression to the next step.
  • Customers may request an evaluation of their progress in the Evaluation Program at any time via the Client Zone or by sending an email to support@fundora-trading.com.
  • Customers acknowledge that by logging into the Client Zone or executing their first trade in the demo account, they are requesting the Company to complete the service before the expiration of the contract cancellation period. This may affect the Customer’s rights regarding contract termination. For further details, please refer to the relevant provisions of these Terms and Conditions.
  • If a demo account is not activated within 30 days of becoming available, access to the account will be temporarily suspended. Customers may request account reactivation within six months of suspension via the Client Zone or by sending an email to support@fundora-trading.com. If no request is made within this period, the Company reserves the right to terminate the provision of the Service without refunding any fees.
  • If a Customer meets the conditions of the Fundora Challenge as specified in these Terms and Conditions and on this Website, and there are no violations, the Company will certify the Customer’s participation in the Fundora Challenge. However, if the Customer has open positions, the Company is not obligated to evaluate the Fundora Challenge.
  • Upon meeting the requirements of the Evaluation Program, the Company will certify the Customer’s participation and recommend them as a candidate for Step 3 of the Fundora Challenge.
  • If a Customer violates these Terms and Conditions or the Fundora Challenge requirements as outlined on this Website during the Evaluation Program, they will be disqualified, and access to Step 3 of the Fundora Challenge will not be granted.
  • In this case, the fees paid will not be refunded, and all demo accounts associated with the Customer will be deactivated.
  • Customers who successfully complete the Evaluation Program will receive a certificate confirming their success.

Fundora Challenge Step 3 (Pro Account)

  • Customers who complete the Evaluation Program and demonstrate a commitment to consistently profitable trading may be granted access to a "Pro Account." The Company reserves the right to limit Pro Account access to individuals who meet the portfolio requirements of the Fundora Challenge. The granting of Pro Account access is at the sole discretion of the Company.
  • In addition to the conditions specified on this Website and in these Terms and Conditions, Customers must agree to additional conditions outlined in this section. These conditions will be sent to the email address provided during registration along with supplementary information regarding "Fundora Challenge Step 3."
  • Customers must also refer to the FAQ section and fully understand the requirements for obtaining "Pro Trader" status.
  • If a Customer participates in another program in the future, all conditions will continue to apply, and Pro Accounts will be adjusted as necessary.
  • "Fundora Challenge Step 3" is a plan that grants access to the Pro Account and takes effect when the Customer places their first trade order.
  • The Company conducts due diligence for KYC (Know Your Customer) purposes and adopts international standards for AML/CFT (Anti-Money Laundering and Countering the Financing of Terrorism). If the KYC process reveals inconsistencies, uncertainties, or suspicious elements regarding a Customer’s identity, the Company reserves the right to refuse, at its sole discretion and for any reason, the conclusion or use of a "Fundora Challenge Step 3" contract. If KYC/AML/CFT procedures have already been completed, further verification may not be necessary. However, the Company reserves the right to conduct additional KYC/AML/CFT checks if reasonable suspicions arise.
  • The Company does not guarantee the status of "Fundora Challenge Step 3" for the reasons mentioned above. If a Customer fails to meet the requirements of this plan and is disqualified, the Company assumes no liability.
  • If a Customer fails to provide the required information for KYC/AML/CFT verification or does not provide reasonable explanations (whether for the initial verification or subsequent reviews), the Company reserves the right to terminate the Pro Account and any other demo accounts associated with the Customer.
  • If the Customer is a consumer, logging into the Client Zone or executing the first trade in the Pro Account will be deemed as an explicit request for the Company to complete the service before the expiration of the contract cancellation period under Article 22. This may impact the Customer’s rights regarding contract cancellation.
  • If a Pro Account is not activated within 30 calendar days of becoming available, access will be temporarily suspended. Customers may request reinstatement within six months of the initial suspension via the Client Zone or by sending an email to support@fundora-trading.com. If no request is made within this period, the Company reserves the right to terminate the provision of the Service without refunding any fees.
  • Customers acknowledge and agree to the following:
  • If compensation is to be paid under specified conditions, each party shall bear its own transaction fees associated with the compensation transfer.
  • Compensation for "Challenge Step 3" will be based on the exchange rate on the payment date, not the rate on the invoice date. If there is a delay in the payment of compensation, the Customer is not entitled to additional reimbursement.

Accuracy, Completeness, and Timeliness of Information

  • The Company makes every effort to maintain the accuracy of the information provided. However, we do not guarantee that the information on this Website is always accurate, complete, or up-to-date. The Company assumes no responsibility for the accuracy or completeness of such information. The information on this Website is provided for general informational purposes only and should not be relied upon as the sole basis for decision-making without consulting more precise, complete, or up-to-date sources. Customers assume full responsibility for their reliance on the information available on this Website.
  • If there are any concerns regarding the accuracy of the information, please contact support@fundora-trading.com.
  • This Website may contain historical information, which is provided for reference only and may not reflect the most current information. The Company reserves the right to modify the content of this Website at any time but is not obligated to update any information on this Website.

Changes to the Service and Fees, Payment Terms

  • All taxes are included in the fees for this Service. However, compensation under "Challenge Step 3" may be subject to tax obligations as required by applicable laws, and in such cases, Customers are responsible for appropriately paying any taxes and related fees.
  • Customers may pay for the "Fundora Challenge" fees via credit card payment or other payment methods provided by the Company on this Website.
  • If payment is made via credit card or other express payment methods, the transaction will be processed immediately. If a Customer fails to make payment by the due date, the Company reserves the right to cancel the Customer’s order.
  • Customers are responsible for covering all fees charged by their chosen payment service providers in connection with the transaction and must ensure that such fees are paid in full.
  • Compensation under "Fundora Challenge Step 3" will only be paid to an account in the Customer’s name, and payments to third parties are not permitted. Additionally, the Company reserves the right to conduct additional KYC (Know Your Customer) verification procedures.

Products or Services (if applicable)

The Company reserves the right, but is not obligated, to limit the sale of its products or services to specific individuals or regions. The Company may exercise this right based on Customer usage patterns. All product descriptions and prices are subject to change at any time without notice, at the sole discretion of the Company. The Company reserves the right to discontinue any product at any time. Any offer for a product or service made on this Website is void where prohibited. The Company does not guarantee that the products, services, information, or other materials purchased or obtained by Customers will meet their expectations or that errors within the Service will be corrected.

Billing and Account Information Accuracy

  • The Company reserves the right to refuse any order placed by a Customer. Additionally, the Company, at its sole discretion, may limit or cancel the number of purchases per person or per order. These restrictions may apply to orders using the same Customer account, credit card, billing address, or shipping address. If the Company makes changes to or cancels an order, it may notify the Customer via email, billing address, or phone number provided at the time of order. Furthermore, the Company reserves the right to limit or prohibit orders that, in its sole judgment, appear to be placed by dealers, resellers, or unauthorized distributors.
  • Customers agree to provide accurate, complete, and up-to-date purchase and account information for all transactions on this Website. Additionally, Customers agree to promptly update their email address, credit card number, and expiration date so that the Company can process transactions and contact them as needed.

Optional Tools and Future Services

  • The Company may provide Customers with access to third-party tools (hereinafter referred to as "Optional Tools") that are neither monitored nor managed by the Company. Customers understand and agree that access to Optional Tools, including those provided by the Company, is offered "as is" and "as available" without any warranties, representations, or conditions of any kind. The Company shall have no liability whatsoever arising from or relating to the use of Optional Tools. Customers acknowledge that the use of Optional Tools is entirely at their own risk and discretion and that they must review and approve the terms set by the third-party providers of such tools.
  • The Company may, in the future, introduce new services or functionalities (including new tools and resources) through this Website. Such new features and services shall also be subject to these Terms of Use.

Third-Party Links

  • Some of the content, products, and services available through this Service may include materials from third parties. Additionally, this Website may contain links to third-party websites that are not affiliated with the Company.
  • The Company is not responsible for investigating or evaluating the accuracy of third-party content, website operations, or the materials, products, or services provided therein. The Company makes no warranties and assumes no liability in relation to third-party websites or their contents. Furthermore, the Company shall not be held responsible for any damages or losses related to the purchase or use of products, services, resources, content, or transactions conducted through third-party websites.
  • Before engaging in any transactions, Customers must carefully review and understand the policies and practices of third parties. Complaints, claims, concerns, or inquiries regarding third-party products or services should be directed to the respective third party.

User Comments, Feedback, and Other Submissions

  • If Customers submit certain materials (such as contest entries) at the Company's request or send creative ideas, proposals, plans, or other materials (collectively, "Comments") without a request from the Company, whether online, by email, by mail, or otherwise, Customers agree that the Company may edit, copy, publish, distribute, translate, and otherwise use any Comments in any medium at any time without restriction. Furthermore, the Company shall have no obligation to (1) maintain the confidentiality of Comments, (2) compensate Customers for Comments, or (3) respond to Comments.
  • The Company reserves the right, but is not obligated, to monitor, edit, or remove content that it determines in its sole discretion to be unlawful, offensive, threatening, defamatory, pornographic, obscene, otherwise objectionable, or in violation of any party’s intellectual property rights or these Terms of Use.
  • Customers agree that their Comments will not violate any third-party rights, including copyrights, trademarks, privacy, personal rights, or other proprietary rights. Additionally, Customers agree that their Comments will not contain defamatory, unlawful, abusive, or obscene content or any computer viruses or other malware that could affect the operation of the Service or this Website. Customers must not use a false email address, impersonate another person, or otherwise mislead the Company or third parties regarding the origin of their Comments. Customers assume full responsibility for the accuracy of their Comments. The Company assumes no responsibility and accepts no liability for Comments posted by Customers or third parties.

Handling of Personal Information

Customer personal information is governed by the Company's Privacy Policy.

Errors, Inaccuracies, and Omissions

  • There may be typographical errors, inaccuracies, or omissions in the information available on this Website or through this Service, including but not limited to product descriptions, prices, promotions, offers, shipping costs, delivery times, and stock availability. The Company reserves the right to correct any errors, inaccuracies, or omissions at any time without prior notice (including after an order has been placed), and to modify, update, or cancel orders if any information in the Service or on the Website is found to be inaccurate.
  • Except as required by law, the Company assumes no obligation to update, amend, or clarify information on the Service or Website, including but not limited to pricing information. Any specified update or refresh date on the Service or Website should not be construed as indicating that all information has been modified or updated.

Prohibited Uses

In addition to the prohibitions set forth in these Terms of Use, Customers may not use this Website or its content for the following purposes. The Company reserves the right to suspend access to the Service or Website if a Customer violates any of the following:

  • Using or accessing the Website for any unlawful purpose
  • Engaging in illegal activities or encouraging others to engage in illegal activities
  • Violating any applicable international laws, regulations, or local ordinances
  • Infringing upon the intellectual property rights of the Company or any third party
  • Engaging in harassment, abuse, insult, harm, defamation, intimidation, or discrimination based on gender, sexual orientation, religion, ethnicity, race, age, nationality, or disability
  • Providing false or misleading information
  • Uploading or transmitting viruses or any other malicious code that may interfere with the functionality or operation of the Service, Website, other websites, or the Internet
  • Collecting or tracking personal information of others
  • Engaging in phishing, pharming, pretexting, spidering, crawling, or scraping activities
  • Using the Service or Website for obscene or immoral purposes
  • Interfering with or circumventing the security features of the Service, Website, other websites, or the Internet

Disclaimers, Warranties, and Limitation of Liability

  • The Company does not guarantee the continuous availability, timeliness, security, or error-free nature of the Service. Furthermore, the Company makes no guarantees regarding the accuracy or reliability of the results obtained through the use of the Service. The Customer acknowledges and agrees that the Company reserves the right to suspend or terminate the Service indefinitely without prior notice.
  • The Customer agrees that the use of the Service or inability to use the Service is at their own risk. Unless explicitly stated otherwise by the Company, the Service and all products and services provided through it are offered on an "as-is" and "as-available" basis, without any warranties. This includes, but is not limited to, implied warranties of merchantability, fitness for a particular purpose, durability, title, and non-infringement. The Customer acknowledges and accepts that the Service may contain errors or defects and assumes all risks associated with its use. To the maximum extent permitted by applicable law, the Company disclaims all express and implied warranties.
  • The Company, its directors, officers, employees, affiliates, agents, contractors, interns, suppliers, service providers, and licensors shall not be liable for damages arising from any contract, tort (including negligence), or otherwise, including but not limited to:
  • Direct, indirect, incidental, punitive, special, or consequential damages
  • Loss of profits, revenue, savings, data, or replacement costs
  • Damages related to the use of the Service or any products obtained through the Service
  • Damages resulting from errors, omissions, or data transmission issues associated with the Service
  • The Company shall not be liable for any damages arising from the use of the Service, its tools, features, information, or content on the Website, including lost profits, data loss, personal or property damage. In the event that liability is recognized by a court or regulatory authority, the maximum compensation amount shall be limited to the amount paid by the Customer for the relevant Service.
  • All information on this Website is provided for research purposes regarding financial markets and does not constitute investment advice. Opinions, news, analyses, and price data provided on this Website are general market commentary and should not be relied upon as the sole basis for investment decisions. The Company does not offer investment recommendations or market opportunity analyses.
  • The Company is an educational and evaluation service provider and does not accept deposits or offer financial services. The accounts provided through the Service are simulated environments using virtual funds and do not hold real financial value. The Company is not a broker.
  • Demo accounts operate within a simulated environment that reflects real market prices and execution conditions but do not represent actual trading accounts.
  • Simulation trading results have inherent limitations. Unlike actual trading, simulated results may not account for liquidity and market conditions, and may include adjusted data. Since simulation results are based on hindsight, the Company does not guarantee that the accounts provided will generate past or future profits or losses.
  • The traders displayed on the Website are selected examples, and only pre-approved traders are featured. Their performance represents past simulated results and does not guarantee future outcomes. Additionally, trading financial instruments carries significant risk and is not suitable for all investors.
  • The Company does not engage in the following types of transactions:
  • Transactions based on the pre-agreed difference between a predetermined price and actual market values of securities, currencies, or other financial indices
  • Transactions in which compensation is calculated based on the difference between an opening price (bid/ask) and a closing price (ask/bid) in foreign exchange or other financial indices
  • The Company does not charge Customers any fees in Fundora Challenge Step 3. Fees paid for the Service are solely for educational and evaluation purposes and not for remuneration. Therefore, the Service does not constitute an over-the-counter (OTC) derivatives transaction and falls outside the scope of regulation under Japan’s Financial Instruments and Exchange Act (FIEA). Additionally, the rewards provided in Fundora Challenge Step 3 are monetary incentives as part of the evaluation program and do not constitute a means of soliciting participants. Therefore, they do not qualify as "prizes" under Japan's Act against Unjustifiable Premiums and Misleading Representations (UPMRA).

Indemnification

The Customer agrees to indemnify, defend, and hold harmless the Company against any claims or demands made by a third party (including reasonable attorney’s fees) due to or arising out of the Customer’s violation of these Terms of Use or any related documents, violation of any laws, or infringement of any third-party rights. Furthermore, the Customer agrees not to make any indemnification claims against the Company, its subsidiaries, affiliates, partners, officers, directors, agents, contractors, licensors, service providers, subcontractors, suppliers, interns, or employees in connection with such matters.

Severability

If any provision of these Terms of Use is determined to be unlawful, void, or unenforceable, such provision shall nonetheless be enforceable to the fullest extent permitted by applicable law. The unenforceable portion shall be deemed severed from these Terms of Use, and such determination shall not affect the validity and enforceability of any remaining provisions. Each contract shall be independently interpreted within its own legal framework.

Term, Termination, and Cancellation

  • Contracts related to all evaluation programs (Step 1 and Step 2) shall be effective until the Customer passes or fails the evaluation program for Step 1 or Step 2.
  • The contract for Fundora Challenge Step 3 shall remain in effect for an indefinite period until the respective account is closed or either party terminates or cancels the contract.
  • Either party may terminate the contract related to the Service for any reason by providing 30 days' notice. Additionally, the Company reserves the right to terminate the contract under the following circumstances. Even if Fundora incorporates the Customer’s contract and demo account into similar services (e.g., switching trading platforms), the Customer shall not be entitled to any remuneration or compensation unless a separate agreement is made with the Company.
  • If performance of the contract conflicts with the legal or contractual obligations of either party
  • If compliance with an order or directive from a government or regulatory authority is required
  • If continuation of the contract poses a risk to Fundora or its business operations
  • Obligations and liabilities incurred prior to termination shall survive the termination of the contract. These Terms of Use shall remain in effect until terminated by either the Customer or the Company.
  • The Company may, at its sole discretion and without prior notice, immediately terminate this contract under the following circumstances. In such cases, the Customer shall remain liable for all outstanding payments due as of the termination date. Additionally, the Company may restrict or deny access to the Service (or any part thereof), and the Customer shall forfeit any entitlement to compensation, reimbursement, or refund of purchases.
  • If the Customer violates or is reasonably suspected of violating any provision or stipulation of these Terms of Use
  • If the Customer fails to comply with regulatory or mandatory requirements (including, but not limited to, AML/CFT regulations)
  • If the Company determines that grounds for termination exist, the Customer’s account and any associated funds may be indefinitely frozen or seized at the Company’s discretion.

Entire Agreement

These Terms of Use, along with the policies and operational rules posted by the Company on the Website or in connection with the Service, constitute the entire agreement between the Customer and the Company. These Terms take precedence over any prior or contemporaneous agreements, communications, or proposals, whether oral or written (including prior versions of these Terms of Use). Any ambiguities in the interpretation of these Terms shall not be construed against the Company.

Governing Law and Jurisdiction

  • These Terms and all related provisions shall be interpreted and governed in accordance with the laws of Japan.
  • Any disputes related to these Terms or the Service shall be exclusively submitted to the Tokyo District Court as the court of first instance.

Changes to the Terms of Use

The latest version of these Terms of Use is always available on this webpage. The Company reserves the right to update or modify these Terms, in whole or in part, by posting such updates or changes on the Website. The Customer is responsible for regularly reviewing any updates to these Terms. If the Customer continues to use the Website or the Service after changes to the Terms have been posted, such continued use shall be deemed acceptance of the changes.

Contact Information

Any questions regarding these Terms of Use should be directed to the Company at support@fundora-trading.com.

Final Provisions

  • Nothing in these Terms shall limit any legal claims under applicable law or other provisions of these Terms.
  • The Company’s failure to enforce any right or provision of these Terms shall not constitute a waiver of such rights or provisions.
  • The Company may assign any receivables arising from these Terms or any related contract to a third party without obtaining the Customer’s consent. The Customer agrees that the Company, as the assignor, may transfer its rights and obligations under these Terms or related contracts to a third party. Conversely, the Customer may not assign or transfer any of its rights or obligations under these Terms or related contracts, in whole or in part, to any third party.
  • Unless expressly stated in these Terms, customary practices established between the parties or industry standards shall not apply in the interpretation of the parties' rights and obligations. Furthermore, they shall not be considered in interpreting the parties' intentions.
  • The appendices to these Terms are an integral part of these Terms. In the event of any inconsistency between the text of these Terms and the appendices, the provisions of these Terms shall take precedence. The Customer shall carefully evaluate and accept the risks that may arise from these Terms.

Effective Date

These Terms shall immediately apply to all contracts concluded after their effective date.