Introduction
The Funded Kingdom, available at fundedkingdom.com (Platform), provides a simulated trading environment for educational purposes.
This website is owned and operated by Demars Solutions Ltd, with a business registration number C17152279 and registered at 10th Floor, Standard Chartered Tower, Ebene, Mauritius.
Burrow Capital Management Ltd, registration number HE 454836, registered at 3rd Floor,Iris House, John Kennedy Street, 3106, Limassol, Cyprus, is the merchant of record.
By using our Services, you agree to be bound by these Terms and Conditions (the Contract), which govern the relationship between you and Demars Solutions Ltd & Burrow Capital Management Ltd (the Company). The Platform helps users enhance their financial trading skills in a risk-free environment.
2. Eligibility
You must be at least 18 years old and legally capable of entering contracts. Users from countries on the UN, EU, and OFAC sanctions lists are prohibited from using the Platform. It is your responsibility to ensure compliance with your jurisdiction’s laws.
3. Services
The Company provides a Demo Trading Account to simulate real market conditions for educational purposes. The trading challenges (Challenges) do not involve real financial transactions, and virtual funds are used to assess trading strategies.
You will not receive any real financial payout from the virtual funds used in Challenges unless otherwise stated. Each Challenge has specific rules, fees, and potential rewards, which are communicated through the Platform.
The Company aims to identify skilled traders through participation in these Challenges rather than offering direct education or advice.
4. Funded Accounts
4.1 Eligibility:
You may trade the Company’s proprietary accounts by reaching level 4 in the Challenges or purchasing an account between levels 4 and 8. The Company decides eligibility at its discretion.
4.2 Verification Requirements:
You must provide proof of identity, address, and source of funds, and you may be subject to sanctions checks.
4.3 Simulated Environment:
Even if trading on funded accounts, it will remain in a simulated environment. The Company may mirror or hedge your trades using its corporate account.
4.4 Use of Funds:
Your funds will never be used by the Company for trading purposes. All funds received are treated as fees and are credited to the Company for its services.
5. Account Registration and Use
Registration requires personal information and proof of financial proficiency. After verification and fee payment, you will receive access to a Demo Trading Account to participate in the selected Challenge.
You are responsible for the security of your login credentials. The Company is not liable for any access issues due to internet or web browser problems, which are your responsibility to maintain.
6. Terms of Payment
Fees are only associated with Challenges. After payment, you will receive an electronic invoice, confirming your transaction.
7. User Portal Access
Once registered, you can access the user portal to manage your account, view trading performance, and use learning resources.
8. Service Availability
While the Company aims to ensure availability, services may be subject to maintenance or external factors. You are responsible for safeguarding your account information. Data protection is implemented, but breaches or data loss may occur.
9. Data Protection
The Company adheres to applicable privacy and data protection laws, including the General Data Protection Regulation (EU) 2016/679 and the Mauritius Data Protection Act 2017. For more information, refer to the Privacy Notice on the website.
10. Restricted Activities
You must not engage in any prohibited activities, including but not limited to:
- Breaching the Contract or any applicable laws.
- Infringing intellectual property rights or providing false information.
- Participating in fraudulent activities or circumventing Company policies.
- Misusing automated systems to disrupt services or manipulate market data.
Violating these restrictions may result in account suspension or termination.
11. Authority to Cancel or Suspend Trades
The Company reserves the right to cancel or suspend trades due to system errors, prohibited trading practices, or other breaches. Affected users will be notified through appropriate channels.
12. Modifications and Amendments
The Company may modify the Terms without prior notice. Amendments become effective immediately upon posting. Continued use of the Platform implies acceptance of the updated Terms.
13. Intellectual Property Rights
All intellectual property rights related to the Platform belong to the Company or its licensors. You are granted a limited license to use the Platform for the Challenges. Unauthorized use or duplication is prohibited.
14. Trade Data Access and Utilisation
The Company can access your trade data during Challenges to ensure compliance, provide feedback, and improve services. Your data may be used for research and analysis.
15. Disclaimers of Warranties
The Company provides its tech Platform “as is” without warranties, and the Company does not guarantee the accuracy or completeness of information.
16. Indemnification and Liability Limitation
You must indemnify the Company from any claims related to your use of the Platform or breach of the Contract. The Company’s liability is limited to the total fees you have paid.
17. Limitation of Liability
The Company’s financial liability is capped at the fees paid by the User. The Company is not liable for lost profits, data loss, or business interruption, among other damages.
18. Notice and Communication
Notices must be sent in writing, either via email or as stated during registration.
19. Duration and Termination
The Contract begins upon receipt of the confirmation email and continues until the completion or termination of the Challenge. Either party may terminate the Contract under certain conditions.
20. Governing Law
The Terms and Conditions are governed by the laws of Mauritius. Disputes will be resolved by arbitration through the Mauritius International Arbitration Centre (MIAC).
21. Confidentiality
You must keep the Company’s confidential information private, except as required by law.
22. Force Majeure
The Company will not be liable for failure to fulfill obligations due to circumstances beyond their control.
23. Assignment and Other Dealings
You cannot transfer your rights under the Contract without the Company’s consent. The Company may assign claims to a third party.
24. Entire Agreement
This Contract constitutes the full agreement between the parties.
25. Severance
If any part of the Contract becomes invalid or unenforceable, the remaining terms remain in effect.
26. Payouts and Challenge Rules
- Payouts occur once per month, between the 1st and 5th.
- You must have traded for at least 30 days before requesting a payout.
- Accounts inactive for 25 days will have their balance transferred to the treasury.
- You may leave only 20% of your balance for overnight exposure at 1:1 leverage.
- Monthly withdrawals are capped at 10% of the account balance, and only profits may be withdrawn.
- Any rule breach may result in payout denial.
- The minimum account balance required to initiate a withdrawal is $500.
- Please note that withdrawals can only be processed once your account balance meets or exceeds this threshold.
No payouts will be processed without completing ‘know your customer’ (KYC) documentation. This includes:
- A national identity card or passport,
- An official proof of residential address (such as a bank statement or utility bill), and
- Proof that the payout account is in your personal name.
Please note: Third-party payouts will not be entertained.