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This website is owned and operated by VV E-COMMERCE LIMITED, Business Registration No.74104056.
Based in UNIT 1603, 16TH FLOOR, THE L. PLAZA, 367 – 375 QUEEN’S ROAD CENTRAL, SHEUNG WAN, HONG KONG.
Falcon Funding Evaluation (hereinafter referred to as “Falcon Funding Evaluation”,“Falcon Funding Trading Evaluation,” “Evaluation,” and/or “we” and/or “our” and/or“us”)
We are a company that evaluates and recommends traders to Evaluator, the third-party Proprietary Trading company (hereinafter referred to as “Evaluator” or “Proprietary Trading Company”. All access and/or use of our services is subject to our General Terms and Conditions and these Trading Policies and Rules(hereinafter referred to as “Terms of Use” and/or this “Agreement”) in accordance with the terms. For your benefit and protection, it is mandatory for you to take enough time to read and understand this entire Agreement, as well as any other additional information available to you on www.falconfundingprop.com and the Client Section (hereinafter referred to as “Website”) prior to subscribing to any services with us and before you enroll in the Evaluation or pay any fees.
You must read, agree with, and accept all the terms and conditions contained in this Agreement without modifications. Should you not understand any part of this Agreement or any information available on the Website, you should contact us before subscribing to the service and taking part in the Evaluation, or you should seek independent legal advice.
1.1 Parties. This Agreement is made between yourself, as our user (hereinafter referred to as “you” or “your” or, “trader” or in general terms, the “user”) and Falcon Funding Evaluation. This Agreement describes in full detail the Terms of Use you must accept, without restrictions or objections, before registering with us. By registering with us, you are acknowledging that you have read and fully understand these Terms of Use.
1.2 Trading. It is important to understand that under this program we are looking for users who can generate stable and consistent performance. As such, you hereby agree, not to trade with ‘unreasonable’ risk or gambling-like strategies. All trading activity will be monitored in real-time to be sure you adhere to the restrictions and guidelines below. Failure to do so may end our relationship immediately and forfeiture of any fees paid or profits due.
1.2.1 Users may not use any EAs, scripts, or robots unless the Falcon Funding Evaluation Risk Team has granted such an exception. Nor may users engage in following other users’ entry and exit signals manually or through copy trading. Falcon Funding shall have the right to deem that users coordinate or copy their trades if several users with the same instruments in the same direction are made within one minute of each other or if all traded instruments, entries, and exits are identical or similar. Failing to comply with this rule will result in the termination of all Falcon Funding accounts owned by the user. All trades must be based on the user’s own analysis and decisions.
1.2.2 Providing Signals to third parties: The user is not allowed to provide trading signals from Falcon Funding Evaluation account nor from the FundingTraders Trading ProgramAccount in any format (digitally or manually) to third parties or any other Falcon Funding Accounts Without Falcon Funding approval.
1.2.3 News event trading: News event trading is allowed in Falcon Funding Evaluation. However, relying heavily on news trading is not allowed on both evaluation and funded accounts as this is not sustainable. Please remember that high-impact news can affect instruments that are not directly correlated to the country releasing its economic data.
1.2.4 Responsible and consistent strategy: The user’s strategy must be responsible and consistent during the whole trading period. The user’s trading must demonstrate that their strategy works in the long term and is not based on pure luck. If the user places an unusually large number of orders for the Services within an unreasonably short period of time or places unusually large or small orders compared to previous trades, it will be considered as harmful or gambling behavior of the Customer. To specify the limit of what is considered a large order, a user is not allowed to risk more than 2.00% of the initial account balance on one trade idea including split positions. Split positions that are considered as one trade idea are as follows: (1) If the trades on the same symbol is floating or open at the same time at one point in the same direction and (2) the trades on the same symbol and direction were closed and opened within 2 minutes of each other. In such cases, the Provider reserves the right to suspend any further orders of the Services by the Customer and has the right to terminate the user’s account. If we identify that the unusual behavior as per this paragraph relates to the Customer’s involvement in Forbidden Trading Practices, we may take respective actions as perceived in Section 5 of General Terms and Conditions(https://falconfundingprop.com/terms). The Provider reserves the right to determine, at its own discretion, the nature of the behavior described above and reasonable boundaries for such determination.
1.2.5 Trading Instruments: Falcon Funding Evaluation includes all instruments available on the MetaTrader application.
1.2.6 All positions must be closed before the trading period ends and before the trading period can be reviewed.
1.2.7 Exceptions: Based on your individual trading methods, it is possible to be granted an exception, however, exceptions are granted only after an interview with our Risk Management team. Without such granted exception(s), users who take unreasonable risks may face termination of our relationship.
2.0. Trading Account Management & Right of Refusal. The Company has the right to conclude the contract of the Falcon Funding Trading Evaluation account with the Customer – during any part of the Trading Evaluation. Should any concerns about user activity and excessive risks on any account arise, the company will attempt to contact the user immediately to conduct an interview and discuss employed trading practices. The company will attempt to find a remedy for the situation. However, should there be no remedy for concerns, the company reserves the right to terminate this Agreement immediately. Such concerns may include:
2.1 The Company’s potential for suffering financial losses;
2.2 Investors of the company’s potential for suffering financial losses;
2.3 The potential damage to the Company’s reputation due to unreasonable usage of the platform;
2.4 Protection of Capital. The evaluator is under a contractual obligation to protect company funds at all times. Should the company suspect that the user’s practices employed on a Demo account would not be replicable in live market conditions, the company reserves the right to terminate a contractual relationship with the user.
2.5 Termination of Agreement Due to Concerns, Trading Violations, And Ethics. Any of the following violations will result in immediate termination of our contractual relationship unless you are able to justify the occurrence: Any form of arbitrage performed in your trading account – e.g., usage of specialized software programs that are designed to exploit possible price latencies on a Trading Platform or that allow for the use of technological and/or algorithmic trading patterns that are aimed at exploiting price latency/priced freezes for arbitrage opportunities on a Trading Platform, thus resulting in unrealistic and/or fake profits on a trading account, which would not be possible within the real trading environment. Any form of HFT or HFT-like trading systems are not applicable to live market conditions due to latency, commission, spread, and slippage limitations. Any form of martingale and grid trading strategies is not tolerated due to its nature of high leverage and high risk over a large series of trades. Abuse of technological issues of a broker, intentional or otherwise, where opening and closing prices might be readjusted and users will be able to continue trading, which would decrease the profitability or increase the loss, this data will not be taken into account for ‘passing qualification’. Usage of guaranteed ‘Take Profit’ and ‘Stop Loss’ to trade news/price and weekend gaps, due to its possibility in a demo account.
2.6 Difference between Demo and Real Accounts. The user confirms a good understanding of major differences between Live and Demo trading, which include but are not limited to the following: In most cases – Demo accounts have better prices and abnormal execution behavior relative to the markets. Therefore, a user has to consider that an employed trading system should be able to perform profitably in a real market scenario, even with a slightly less favorable spread. Demo accounts have no or very little (artificial) slippage, due to no real liquidity. Unlike Demo accounts, Real accounts with trades over 1 Standard Lot might not be filled immediately or fully on a Real Account. On a real account ‘Stop Loss’ and ‘Take Profit’ are filled only at the level of the closest available liquidity, not at the level of a set price. Orders on Demo accounts are executed at the quoted price, whereas the quoted price of a Real account displays the last available quote of an instrument, not necessarily the available quote.
2.7 Right of Acceptance and Refund Policy:
Since we provide the opportunity to trade with capital up to $200,000 for the price of a couple hundred dollars, we reserve the right to accept only traders who meet our discretionary criteria. These criteria include, but are not limited to, maintaining little drawdown, demonstrating great expectancy, and showcasing excellent risk management.
After successfully passing the challenge evaluation, we maintain the right to reject working with you at any moment if we determine that your trading practices do not align with our criteria. Should this occur, we will refund the full purchase amount paid for the challenge.
3.1 DURING THE DEMO TRADING, IT IS PROHIBITED TO:
3.2 Furthermore, Customer shall not exploit the Services by performing trades without applying market standard risk management rules for trading on financial markets, this includes, among others, the following practices (i) opening substantially larger position sizes compared to Customer’s other trades, whether on this or any other Customer’s account, or (ii) opening substantially smaller or larger number of positions compared to Customer’s other trades, whether on this or any other Customer’s account. The Provider reserves the right to determine, at its own discretion, whether certain trades, practices, strategies, or situations are Forbidden Trading Practices.
3.3 If the Customer engages in any of the Forbidden Trading Practices described in clause 5.4, (i) the Provider may consider it as a failure to meet the conditions of the particular Falcon Funding Evaluation, (ii) the Provider may remove the transactions that violate the prohibition from the Customer’s trading history and/or not count their results in the profits and/or losses achieved by the demo trading, or (iii) to immediately cancel all Services provided to the Customer and subsequently terminate this Agreement.
3.4 In case, when some or all Forbidden Trading Practices are executed on one or more Falcon Funding Evaluation accounts of one Customer, or accounts of various Customers, or by combining trading through Falcon Funding Evaluation accounts and Falcon Funding accounts, then the Provider is entitled to cancel all Services and terminate all respective contracts related to any and all Customer’s Falcon Funding Trading Evaluation accounts. The Provider may exercise any and all actions in Clauses 5.5 and 5.6 at its own discretion.
3.5 If any Falcon Funding user accounts were used for or were involved in the Forbidden Trading Practices, this may and will constitute a breach of respective terms and conditions for the Falcon Funding user account with a third-party provider and may result in the cancellation of all such user accounts and termination of respective agreements by the third-party provider.
3.6 If the Customer engages in any of the practices described in clause 5.4 repeatedly, and the Provider has previously notified the Customer thereof, the Provider may prevent the Customer from accessing all Services or their parts, including access to the Client Section and Trading Platform, without any compensation. In such a case, the Customer is not entitled to a refund of the fees paid.
3.7 The Provider does not bear any responsibility for trading or other investment activities performed by the Customer outside the relationship with the Provider, for example by using data or other information from the Client Section, Trading Platform, or otherwise related to the Services in real trading on financial markets, not even if the Customer uses for such trading the same Trading Platform that the Customer uses for demo trading.
3.8 DEVELOPMENTS IN FINANCIAL MARKETS ARE SUBJECT TO FREQUENT AND ABRUPT CHANGES. TRADING ON FINANCIAL MARKETS MAY NOT BE PROFITABLE AND CAN LEAD TO SIGNIFICANT FINANCIAL LOSSES. ANY PREVIOUS PERFORMANCES AND PROFITS OF THE CUSTOMER’S DEMO TRADING ARE NOT A GUARANTEE OR INDICATION OF ANY FURTHER PERFORMANCE.
4.1 The company shall not be liable to the user or to any third party except by reason of acts that constitute gross negligence, bad faith, or intent to defraud on behalf of the company.
4.2 User will indemnify, hold harmless, and defend the Company and its members against any liability, loss cost, damage, or expense and any amount paid in settlement thereof to which any of them maybe come subject to in acting pursuant to or in furtherance of this Agreement or in connection with any transaction for the Account.
4.3 The company will not hold the user financially liable for any losses incurred on the evaluation accounts, which were the result of technical issues, or caused due to ‘unusual’ market movements, which could not be avoided with risk mitigation.
4.4 Only one user profile per verified individual is permitted. One user profile/verified individual can have multiple accounts. Users are not permitted to allow others to use their account and may not use any other Falcon Funding account. IP addresses, device IDs, and behavioral data maps will be used by the automated risk system as a basis for determining unauthorized trading activity. All users must be contactable on the telephone number and email provided during verification at any time a position is held in the markets. Falcon Funding reserves the right to demand extra video verification at any time. Failure to contact the user or to verify identity will result in account suspension.
If the Customer is successful in both the Evaluation, the user will be recommended to the FundingFalcon Falcon Funding Falcon Funding Program, the proprietary trading platform operated by Evaluator and may be offered a contract by this third-party company. To get accepted to the Falcon Funding Program the user must open an account with Evaluator, provide required KYC documentation, and sign an agreement with a company. If the user is accepted to the program, the user can start trading at the same initial account size as the user was trading in the Trading Evaluation. The user can also start earning performance commissions according to the agreement signed with the Proprietary Trading Company. All users are compensated on a profit-split basis only. User performance commission depends on the chosen program, risk level, and phase. The user may request a withdrawal of their commission when their account balance on Evaluator is at least $50 and when the payout schedule is due. Payments will be made by wire transfer or any other payment method available with Evaluator. Alternative payment methods may be available, however, the user must ensure that bank transfers are receivable by the institution. The evaluator will not be responsible for failure to deliver a payout due to mistakes on the user’s end. Nor will payment be re-sent in the event of rejection of transfer by the receiving foreign institution. The receiver may be charged by the payment system.
All content published and distributed by Falcon Funding and its affiliates (collectively, the “Company”)is intended solely for the study purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. Trading in financial markets is a high-risk activity and it is advised not to risk more than one can afford to lose! Falcon Funding does not provide any of the investment services listed in the Capital Market Undertakings Act No. 256/2004 Coll. The information in this document is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations. Falcon Funding is not a broker and does not accept deposits. Falcon Funding or its brokers may:
– Change margin requirements at any time in line with perceived or actual excessive changes in volatility and/or liquidity
– Cancel orders or trades at any time in line with the perceived or actual risk of non-execution of stop or limit orders due to market conditions
– Falcon Funding or its brokers are not responsible for the variable spread, liquidity levels, or limit order execution parameters provided by liquidity providers and market makers.
CFTC Rules 4.41 – Hypothetical or Simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
No provision of this Agreement may be waived or amended unless the waiver or amendment is inwriting and signed by the user and an authorized officer of the Company.
This agreement can be also approved and signed by all parties digitally in the Falcon Funding Client Section. The user has approved this agreement digitally on falconfundingprop.com.
The content is for general information and educational purposes only and is not personal advice nor as an offer to buy/sell/subscribe to any of the financial products mentioned. Financial products are complex, entail risk of loss, may rise and fall, and are impacted by a range of market and economic factors, and you should always obtain professional advice.
This website is owner and operated by VV E-COMMERCE LIMITED (Business registration nr: 74104056), based in UNIT 1603, 16TH FLOOR, THE L. PLAZA, 367 – 375 QUEEN’S ROAD CENTRAL, SHEUNG WAN, HONG KONG.
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