Terms & Conditions

1. Overview

1.1 Acceptance of Terms
By using Atlas Funded’s services, you agree to these Terms and Conditions (“Agreement”). The Agreement governs your relationship with Atlas Funded and defines the rights and obligations for all users.
1.1.1 Binding Agreement
Your use of the platform constitutes acceptance of these Terms and creates a legally binding contract between you and Atlas Funded.
1.1.2 Scope of Services
This Agreement covers all services provided by Atlas Funded, including trading challenges, funded accounts, and any other features offered through the platform.

1.2 Modifications
Atlas Funded reserves the right to modify this Agreement at any time. Changes will be communicated via the Client Section or email, and continued use of the platform constitutes acceptance of the changes.
1.2.1 Notification of Changes
Atlas Funded will provide notice of material changes to these Terms via the Client Section or email within 7 days before they take effect.
1.2.2 User Obligation to Review
It is your responsibility to regularly review these Terms. Failure to review does not exempt you from being bound by modifications.

1.3 Eligibility Criteria
To participate, you must be at least 18 years old, provide accurate information, and meet all eligibility requirements for trading services.
1.3.1 Legal Compliance
By using the platform, you confirm that participating in trading activities does not violate any laws applicable to you.
1.3.2 Age Restrictions
Users under the age of 18 are strictly prohibited from using Atlas Funded’s services.

2. Account Registration and Maintenance
‍
2.1 Personal Information
All users must provide accurate, complete, and current information during registration. Failure to do so may result in termination of the account.
2.1.1 Data Accuracy
Users must ensure that all provided information is accurate. Any discrepancies or false details may lead to account suspension.
2.1.2 Contact Information
It is the user’s responsibility to keep contact information up to date to ensure the timely receipt of any notifications or updates from Atlas Funded.

2.2 Account Confidentiality
Users are responsible for maintaining the confidentiality of their login credentials and ensuring the security of their accounts.
2.2.1 Unauthorised Access
If a user suspects that their account has been compromised, they must immediately notify Atlas Funded to prevent further unauthorized activity.
2.2.2 Liability for Account Activity
Users are responsible for all actions taken on their accounts, including any unauthorised access that occurs as a result of their failure to secure account credentials.

2.3 Account Suspension
Atlas Funded reserves the right to suspend or terminate accounts if there is evidence of rule violations or suspicious activity, without prior notice.
2.3.1 Suspension for Non-Compliance
Accounts may be suspended for violating any Terms of this Agreement, including but not limited to risk management violations or malicious trading practices.
2.3.2 Reinstatement Process
Users may appeal account suspensions by contacting support@atlasfunded.com. Reinstatement decisions will be made at Atlas Funded’s discretion.

3. Evaluation Challenge Details
‍
3.1 Evaluation Options
Customers may choose between multiple evaluation challenges:
Atlas Trader Challenge: Two-phase evaluation, requiring a 9% profit in Phase 1 and a 5% profit in Phase 2, with a 10% max drawdown and 5% daily drawdown.
Atlas Plus Challenge: Similar to the Atlas Trader Challenge, with a max drawdown of 8%.
Atlas Express Challenge: One-phase evaluation with an 11% profit target, a max drawdown of 7%, and a 4% daily drawdown.
3.1.1 Challenge Customisation
Atlas Funded offers flexibility in challenge selection based on a user’s experience level and risk tolerance.
3.1.2 Non-Transferable Accounts
Evaluation accounts are personal and non-transferable. Users are prohibited from sharing or selling their accounts to others.

3.2 Evaluation Timeline
Each evaluation phase must be completed within 30 days unless otherwise specified. Failure to complete within this timeframe will result in disqualification.
3.2.1 Extension Requests
Traders may request an extension of their evaluation period under certain conditions. Requests must be submitted in writing, and approval is subject to Atlas Funded’s discretion.

3.3 Trading Parameters
All trades must adhere to the predefined risk management limits, including the specified drawdown and profit targets for each challenge.
3.3.1 Leverage Rules
Each challenge has a set leverage limit. Violating these limits may result in immediate disqualification from the evaluation phase.

4. Trading Practices and Guidelines

4.1 Profitable Trading Days
To pass the evaluation, traders must have a minimum of four profitable trading days where at least 5% profit is achieved.
4.1.1 Definition of Profitable Days
A day is considered profitable if the total closed trades result in a net gain, excluding open positions.
‍
4.2 Risk Management
Traders must adhere to the max daily drawdown limits: 5% for the Atlas Trader and Plus Challenges, and 4% for the Atlas Express Challenge.
4.2.1 Monitoring of Drawdowns
Atlas Funded actively monitors daily drawdowns and overall drawdowns. Breaches may result in immediate suspension or failure of the evaluation.

4.3 Prohibited Practices
Any activity such as hedging trades between accounts, trading maliciously, or violating market rules will result in immediate disqualification.
4.3.1 Use of Automated Tools
Unauthorised automated tools, such as certain Expert Advisors (EAs), are strictly prohibited unless specifically approved by Atlas Funded.
4.3.2 Malicious Exploits
Exploiting system bugs, trading discrepancies, or any unethical practice that undermines the integrity of the platform will result in account closure.

5. Funded Account Allocation

5.1 Transition to Funded Accounts
After successful completion of the evaluation, traders will receive a funded account with the same balance as the evaluation account.
5.1.1 Account Setup
The funded account will be set up within 5 business days after completing the evaluation. Traders must comply with all further trading rules.

5.2 Account Usage
Traders must maintain a consistent trading strategy in the funded account as demonstrated during the evaluation phase. Major deviations may result in the suspension of the funded account.
5.2.1 Review of Trading Strategy
Atlas Funded reserves the right to review the funded account periodically to ensure consistency in trading strategies.

5.3 Review and Auditing
Atlas Funded reserves the right to audit and review funded accounts at any time. Violations of trading rules can result in account termination.
5.3.1 Audit Frequency
Accounts may be audited at random or on suspicion of inconsistent trading activity.
5.3.2 Account Closure
In severe violations of trading guidelines, Atlas Funded may terminate the funded account without notice and void any profits earned.

6. Profit Sharing and Withdrawal Process

6.1 Evaluation Phase Profit Sharing
Traders participating in the Atlas Plus Challenge are eligible for a 15% profit share during the evaluation phase: 10% of profits from Phase 1 and 5% from Phase 2.
6.1.1 Profit Calculation
Profits are calculated based on closed trades only. Open positions do not count towards the total until they are closed.

6.2 Funded Account Profit Distribution
Once traders are transitioned to funded accounts, they are eligible for up to 90% of their trading profits. This applies to all funded stages unless otherwise specified in the challenge.
6.2.1 Profit Split Structure
Atlas Trader Challenge: 90% profit to the trader, 10% to Atlas Funded.
Atlas Plus Challenge: Same 90/10 split.
Atlas Express Challenge: 90/10 profit split ratio.

6.3 Payout Schedule
Payouts are processed monthly, and traders can request withdrawal through their Client Section. Payments are made within 10 business days.
6.3.1 Payment Processing Methods
Payments are made via bank transfer or through third-party processors. Traders must ensure their payout details are up-to-date.
6.3.2 Processing Fees
Any fees associated with withdrawals are the responsibility of the trader. These may include bank fees or third-party service charges.

6.4 Payout Restrictions
Payouts may be delayed or denied if the trader has violated any rules, such as exceeding drawdown limits or engaging in forbidden trading practices.

7. Prohibited Trading Practices

7.1 Account Hedging
Hedging positions across multiple Atlas Funded accounts (e.g., placing a buy on one account and a sell on another to manipulate profits) is prohibited.
7.1.1 Hedging Detection
Atlas Funded employs real-time monitoring systems to detect hedging activities. Violations will result in immediate account suspension.
7.1.2 Consequences for Hedging
If a trader is found engaging in hedging between accounts, they will be permanently banned from the platform, and any accumulated profits will be forfeited.

7.2 Use of Malicious Software
Traders are prohibited from using software or tools that are intended to exploit weaknesses in the platform or engage in illegal trading practices.
7.2.1 Bot Trading
Any unauthorised use of bots, scripts, or automated trading systems to manipulate trades will result in immediate suspension.
7.2.2 Manipulation of Orders
Placing false or manipulative orders for the purpose of exploiting the platform will lead to account termination.

7.3 Cheating or Fraudulent Behaviour
Atlas Funded strictly forbids any form of cheating or fraud, including using multiple accounts to gain an unfair advantage or collaborating with others to manipulate results.
7.3.1 Fraud Detection
Advanced fraud detection tools are used to monitor for irregular activities. Any suspicious activity may result in immediate account review.
7.3.2 Appeal Process for Fraudulent Claims
Traders who believe they have been wrongfully flagged for fraudulent activity may submit an appeal within 7 days of the account being flagged.

7.4 Penalties for Prohibited Practices
Traders found violating any of the prohibited practices will have their accounts terminated without notice, and Atlas Funded may pursue legal action for damages incurred.

8. Social Media and Public Communications

8.1 Public Representation
Traders are required to represent Atlas Funded honestly and fairly in any public communication, including social media, blogs, or reviews.
8.1.1 False Claims
Any untrue or defamatory statements made against Atlas Funded can result in immediate account termination and legal action.

8.2 Defamatory or Misleading Statements
Spreading misleading or false information about the platform’s services or performance will result in legal proceedings, including but not limited to account suspension and financial compensation for damages.

8.3 Consequences for Violations
Traders who post defamatory content or false claims about Atlas Funded will face immediate termination and forfeiture of any profits accumulated through the platform.
8.3.1 Social Media Misconduct Policy
Traders who are found to have misrepresented Atlas Funded on social media or public platforms will have their accounts flagged and investigated.

9. Suspension and Termination of Accounts

9.1 Grounds for Suspension
Atlas Funded reserves the right to suspend accounts for any violation of these Terms and Conditions, including risk management breaches or prohibited trading practices.
9.1.1 Immediate Suspension
Suspension may occur without prior notice if a serious violation is detected, such as breaches in risk management limits or engagement in fraudulent practices.

9.2 Permanent Termination
Accounts may be permanently terminated if violations are deemed severe, including any fraudulent behavior or breaches of the rules that pose a risk to the platform.
9.2.1 Appeal of Termination
Users may appeal the termination of their account by contacting support@atlasfunded.com. All appeals must be submitted within 10 business days of the account termination notice.

9.3 Suspension Duration
Accounts suspended for minor violations may be reinstated after a thorough investigation, but accounts flagged for serious violations will be permanently disabled.
9.3.1 No Refunds for Terminated Accounts
If a trader’s account is terminated due to violation of the Terms and Conditions, they are not eligible for any refund of fees paid.

10. Withdrawal and Payout Restrictions

10.1 Eligibility for Withdrawal
Traders must fully comply with all trading guidelines and maintain adherence to the rules in order to be eligible for withdrawals. Any violations will delay or cancel payout eligibility.

10.2 Monthly Withdrawal Limit
Withdrawals are limited to once per month, and all payout requests must be submitted through the Client Section by the 25th of each month for processing by the end of the month.

10.3 Processing Times
Withdrawal requests are typically processed within 10 business days. Any delays caused by third-party payment providers are not the responsibility of Atlas Funded.
10.3.1 Third-Party Payment Delays
Atlas Funded will not be held liable for delays caused by third-party payment processors or banks. Users are advised to contact their payment provider for any further assistance.

10.4 Fees and Charges
Traders are responsible for all fees related to the withdrawal process, including third-party bank fees or any charges incurred during currency conversion.

11. Intellectual Property Rights

11.1 Ownership of Materials
All software, content, and intellectual property on Atlas Funded’s platform remain the property of Atlas Funded or its licensors.

11.2 Prohibited Use of Intellectual Property
Traders may not reproduce, distribute, or exploit any proprietary materials provided by Atlas Funded without prior written consent.

11.3 Violations of Intellectual Property
Any unauthorized use of Atlas Funded’s intellectual property, including the redistribution of materials or proprietary software, will result in legal action.

12. Confidentiality and Data Privacy
‍
12.1 Commitment to Data Protection
Atlas Funded is committed to safeguarding the privacy of all traders. All personal information is protected under applicable data privacy laws.
12.1.1 GDPR Compliance
Atlas Funded complies with the General Data Protection Regulation (GDPR) and other applicable privacy laws. Users may request a copy of their personal data or its deletion.

12.2 Data Usage
Atlas Funded will use personal data only for the purpose of providing services. We do not sell or share your information with third parties unless required by law.
12.2.1 Third-Party Sharing
Data will only be shared with third parties when necessary for payment processing or legal compliance, and users will be notified of such instances.

12.3 User Responsibility
Users are responsible for ensuring their personal data is accurate and up to date in the system.
12.3.1 Notification of Data Breaches
In the event of a data breach, Atlas Funded will notify affected users and the appropriate authorities within 72 hours.

13. Disclaimers and Limitation of Liability

13.1 No Guarantees of Profitability
Trading involves inherent risk, and past performance does not guarantee future success. Atlas Funded makes no warranties regarding a trader’s profitability on the platform.

13.2 Risk of Loss
Traders may lose more than their initial capital, and Atlas Funded will not be held liable for any trading losses incurred by the trader.

13.3 Limitation of Liability
In no event shall Atlas Funded be liable for any indirect, incidental, or consequential damages arising from the use of the platform, including loss of profits or data.
13.3.1 Total Liability
The total liability of Atlas Funded, whether in contract or tort, shall not exceed the total amount of fees paid by the trader during the current evaluation phase.This layout continues to maintain the complexity, detailed subsections, and full coverage you requested. Would you like me to keep expanding into more sections, such as Force Majeure, Dispute Resolution, or other sections specific to Atlas Funded?4oYou said:continueChatGPT said:ChatGPT

14. Force Majeure

14.1 Definition of Force Majeure
Force majeure refers to extraordinary events or circumstances beyond Atlas Funded’s reasonable control, including but not limited to natural disasters, wars, pandemics, strikes, or government actions, which prevent Atlas Funded from fulfilling its contractual obligations.

14.2 Impact on Services
In the event of a force majeure, Atlas Funded reserves the right to suspend or terminate services without liability. Users will be informed of any interruptions in service and the expected duration of the force majeure event.

14.3 Resumption of Services
Once the force majeure event is resolved, Atlas Funded will make reasonable efforts to resume services as quickly as possible. Users will be notified of the resumption and any potential impacts on their accounts or evaluations.

14.4 No Liability for Force Majeure
Atlas Funded will not be held liable for any damages, financial losses, or inability to access services caused by events deemed to be force majeure.

15. Dispute Resolution

15.1 Initial Resolution
In the event of any dispute between the trader and Atlas Funded, the parties shall first attempt to resolve the issue through informal negotiation. The trader should contact support@atlasfunded.com to discuss the concern.

15.2 Formal Resolution Process
If the issue cannot be resolved informally, either party may initiate formal dispute resolution procedures, such as arbitration or mediation, in accordance with the laws of the governing jurisdiction.

15.3 Arbitration Agreement
By agreeing to these Terms, the trader agrees to submit any unresolved disputes to binding arbitration, which will be conducted by a neutral third-party arbitrator.
15.3.1 Arbitration Location
The arbitration will take place in the jurisdiction where Atlas Funded is headquartered unless otherwise agreed upon by both parties.
15.3.2 Arbitration Costs
Each party will be responsible for their respective legal fees and any costs associated with the arbitration process.

15.4 Jurisdiction and Governing Law
All legal proceedings arising from or related to these Terms and Conditions will be governed by and construed in accordance with the laws of [Jurisdiction], excluding its conflict of law rules.
15.4.1 Exclusive Jurisdiction
Any legal dispute that cannot be resolved through arbitration will be subject to the exclusive jurisdiction of the courts in [Jurisdiction].

16. Termination of Contract

16.1 Termination by User
Users may terminate this Agreement at any time by providing written notice to Atlas Funded. Upon termination, all services and access to the platform will be revoked.

16.2 Termination by Atlas Funded
Atlas Funded reserves the right to terminate this Agreement at any time if the user violates any Terms, engages in fraudulent or prohibited activities, or fails to comply with trading guidelines.

16.3 Effect of Termination
Upon termination of the contract, all active evaluations, funded accounts, and any ongoing trades will be immediately closed, and the user will lose access to any profits, evaluations, or funds remaining in their account.

16.4 Survival of Certain Provisions
Certain sections of this Agreement, including but not limited to intellectual property rights, data privacy, and dispute resolution, will survive the termination of the contract.

17. Compliance with Laws and Regulations

17.1 Legal Compliance
Users agree to comply with all applicable laws, regulations, and industry standards when using Atlas Funded’s services. This includes, but is not limited to, financial laws, anti-money laundering (AML) regulations, and Know Your Customer (KYC) requirements.

17.2 Reporting of Suspicious Activities
Atlas Funded reserves the right to report any suspicious activity to relevant regulatory authorities. This may include activities that appear to involve money laundering, fraud, or illegal financial transactions.

17.3 Consequences of Non-Compliance
If a user is found to be in violation of any applicable laws or regulations, Atlas Funded may immediately suspend or terminate their account and report the violation to appropriate authorities.

18. Anti-Money Laundering (AML) and Know Your Customer (KYC) Policy

18.1 AML Compliance
Atlas Funded is committed to complying with all Anti-Money Laundering (AML) regulations and requires all users to verify their identity before accessing certain services.

18.2 KYC Documentation
Users will be required to provide valid identification documents and proof of address to complete the KYC process. Failure to provide accurate and timely information will result in the suspension of account access.

18.3 Ongoing Monitoring
Atlas Funded reserves the right to perform periodic checks on user accounts and request updated KYC documents at any time. Any suspicious activity will be investigated in accordance with our AML policy.

18.4 Consequences of Non-Compliance
Users who fail to comply with KYC or AML requirements, or who engage in activities that violate these policies, will have their accounts suspended or terminated, and any funds or profits may be forfeited.

19. Final Provisions

19.1 Entire Agreement
These Terms and Conditions represent the entire agreement between the user and Atlas Funded and supersede any prior agreements, representations, or understandings.

19.2 Severability
If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions will continue to be in effect.

19.3 Waiver
Failure by Atlas Funded to enforce any provision of these Terms shall not constitute a waiver of its rights under these Terms.

19.4 Assignment
Users may not transfer or assign their rights or obligations under this Agreement without the prior written consent of Atlas Funded.

20. Acceptance of Terms

By using the services provided by Atlas Funded, you acknowledge that you have read, understood, and agreed to all the Terms and Conditions outlined in this document. If you do not agree to these Terms, you must cease using the platform immediately.

21. Contact us

By email: support@atlasfunded.com
‍
‍By phone: (+44) 20 123 4567
‍
Office Address:
Atlas Vanquish Ltd.
1 Colbath Square
EC1R 5HL
London
United Kingdom

Last Updated 05/09/2024