Terms of Service

ProTrader ("Company," "we," "us," or "our") operates a trading performance evaluation platform accessible via our mobile application and website at myprotrader.online (collectively, the "Platform"). By accessing or using the Platform, you agree to be bound by these Terms of Service ("Terms").

ProTrader provides a simulated trading evaluation service. Our PropFirm Challenge program evaluates trading performance using demo trading accounts that operate with real-time market data and real broker spreads. No real capital is placed in financial markets during any evaluation phase or funded account phase.

ProTrader is not a broker-dealer, investment advisor, or financial institution. We do not execute trades in live financial markets on behalf of users. We are an educational and performance evaluation platform that pays performance bonuses to traders who demonstrate consistent profitability on simulated accounts.

The PropFirm Challenge program operates as follows:

• Evaluation Phases: Traders purchase access to a simulated trading evaluation consisting of Phase 1 and Phase 2, each with defined profit targets, drawdown limits, and minimum trading day requirements.
• Demo Accounts: All trading occurs on demo broker accounts provisioned through our technology partner. These accounts reflect real market conditions including live price feeds, real spreads, and real execution simulation.
• Performance Bonuses: Traders who successfully complete both evaluation phases receive a "funded" simulated account. Profits generated on funded simulated accounts entitle the trader to performance bonus payments based on their tier's profit split (80% Amateur, 90% Professional, 100% Elite).
• Challenge Fees: Challenge fees are non-refundable. Fees reflect the cost of account provisioning, real-time data access, platform maintenance, and performance bonus funding.
• Free Trial: One free trial evaluation is available per user. Trial accounts do not qualify for performance bonus payments.

Performance bonus payments ("payouts") are funded from the PropFirm Challenge revenue pool, which consists of challenge fees, subscription revenue, and profit share allocations. Payouts are subject to:

• Daily payout caps per trader tier ($10K Amateur, $25K Professional, $50K Elite)
• Weekly firm-wide payout limits to maintain pool solvency
• A minimum 3x reserve ratio of monthly average payouts
• Identity verification (KYC) through our payment processor, Stripe Connect
• Compliance with applicable tax reporting requirements (1099 forms for US traders)

Available payout methods include bank transfer (via Stripe Connect), international wire (via Wise), and Bitcoin/Lightning Network (via Strike). Method availability varies by region.

Violation of any evaluation rule results in immediate account termination without refund:

• Exceeding daily drawdown limits
• Exceeding maximum drawdown limits
• Use of exploits, arbitrage between demo and live feeds, or high-frequency tick scalping
• Account sharing or third-party trading
• Use of trade copiers from external sources during evaluation phases
• Any form of manipulation designed to exploit demo account conditions

ProTrader offers self-copy trading (mirroring your own trades across multiple accounts) and social copy trading (following other traders on the platform). Copy trading features are provided as-is. ProTrader does not guarantee the performance of any trader available for copying. You are solely responsible for your decision to follow or copy any trader.

Pro ($11.99/month) and Elite ($24.99/month) subscriptions are managed through Apple's App Store and are subject to Apple's subscription terms. Subscriptions auto-renew unless cancelled at least 24 hours before the end of the current billing period.

All content, features, and functionality of the Platform are owned by ProTrader and are protected by copyright, trademark, and other intellectual property laws. The ProTrader name, logo, and all related marks are trademarks of the Company.

THE PLATFORM IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND. WE DO NOT GUARANTEE UNINTERRUPTED ACCESS, ERROR-FREE OPERATION, OR THAT SIMULATED TRADING RESULTS WILL REFLECT REAL MARKET PERFORMANCE. PAST PERFORMANCE ON SIMULATED ACCOUNTS DOES NOT GUARANTEE FUTURE RESULTS IN LIVE TRADING.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, PROTRADER SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES ARISING FROM YOUR USE OF THE PLATFORM, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, OR GOODWILL. OUR TOTAL LIABILITY SHALL NOT EXCEED THE AMOUNT YOU PAID TO US IN THE 12 MONTHS PRECEDING THE CLAIM.

These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, United States, without regard to its conflict of law provisions. Any disputes arising under these Terms shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association.

We reserve the right to modify these Terms at any time. Changes take effect upon posting to the Platform. Continued use of the Platform after changes constitutes acceptance of the modified Terms.

For questions about these Terms, contact us at legal@myprotrader.online