Terms & Conditions

1. Agreement to Our Legal Terms

We are Fundedbit L.L.C-FZ (“Company,” “we,” “us,” or “our”), a company registered in the United Arab Emirates — Meydan Free Zone, Dubai, with its principal office located at Meydan Grandstand, 6th Floor, Meydan Road, Nad Al Sheba, Dubai, U.A.E., License Number 2530279.01 and Formation Number 2530279.

We operate the website https://www.fundedbit.com (the “Site”), which provides access to proprietary trading evaluation services (the “Services”). By accessing or using the Services, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions (“Terms”). If you do not agree, you must discontinue the use of our Services immediately.

1.1 Updates to These Terms

We may update or modify these Terms at any time. Updated versions take effect upon posting on the Site. Continued use of the Services means you accept the updated Terms.

1.2 Eligibility & Age Requirement

You must be 18 years or older to use the Services.

1.3 Contract Formation & Non-Refundable Service

By purchasing any evaluation program, you enter into a binding contract for delivery of a non-refundable digital simulation service.

All fees are strictly non-refundable, regardless of:

  • evaluation failure
  • rule violations
  • account termination
  • user error
  • technical issues
  • voluntary cancellation

All evaluation purchases are final and non-refundable.

2. Our Services

The Company provides simulated trading evaluations designed to assess trader performance, consistency, and risk management. Successful users may qualify for simulated funded accounts.

All trading occurs on demo accounts using simulated market data.
No live funds are traded at any stage. Any payouts issued by Fundedbit are performance-based rewards, not profits derived from live financial markets.

3. Intellectual Property & Data Rights

All content on the Site is owned or licensed by Fundedbit.
You are granted a limited, revocable, non-transferable license to use the Services solely for participation in evaluation programs.

3.1 Data Usage & Analytics

By using the Services, you grant Fundedbit a perpetual, royalty-free license to store, process, and analyze all trading activity generated through our systems for:

  • internal analytics
  • performance evaluations
  • risk management
  • platform improvement

Data may be shared in aggregated or anonymized form within the corporate group.

4. User Representations

You confirm that:

  • all information provided is accurate and up to date
  • you will comply with all program rules
  • you understand that all accounts are simulated
  • you will not use the Services unlawfully

5. Evaluation Rules & Failure Conditions

Evaluation rules, parameters, risk limits, and drawdown requirements are shown in the user dashboard and form part of these Terms.

Any rule breach results in:

  • automatic evaluation failure
  • account termination
  • no refund

Dashboard rules take precedence over written descriptions.

6. User Account Management

6.1 Registration & Account Security

You are responsible for maintaining the confidentiality of your login credentials.

6.2 Account Suspension & Termination

Fundedbit may suspend, modify, or terminate accounts without notice in cases of:

  • suspected rule violations
  • manipulation or abusive activity
  • false information
  • reputational risk
  • system exploitation

We may also nullify trades, reset accounts, or adjust leverage without compensation.

6.3 Inactive Accounts

Accounts without at least one executed trade for 90 consecutive days may be terminated.

7. Reputation & Public Communication

Users must not publish misleading, defamatory, or harmful statements about Fundedbit.
We may take legal or administrative action against harmful or false communications.

8. Demo Environment Disclaimer & Service Limitations

8.1 Demo Environment

All trading occurs on demo accounts. No real capital is traded or invested.

8.2 Service Availability & Force Majeure

Services are provided on an “as-is” and “as-available” basis.
We do not guarantee uninterrupted service, platform stability, or error-free performance.
We are not liable for delays or disruptions caused by third parties, outages, or force majeure events.

8.3 Payout Review & Suspension Conditions

Fundedbit operates a zero denial payout policy. Payouts will not be withheld unless one of the following conditions applies:

  • Breach of any trading rule, including daily loss limits, drawdown limits, consistency rules, or maximum risk per pair
  • Prohibited trading activity, including high-frequency trading, latency arbitrage, data feed exploitation, or hedging between accounts
  • Account sharing or third-party trading
  • Multi-account abuse

If fraudulent activity is identified after a payout-eligible period, the Company may process the payout and then permanently terminate the account.

9. Prohibited Trading Activities

The following are strictly prohibited:

  • latency arbitrage
  • exploiting delayed or manipulated data feeds
  • hedging across multiple accounts
  • coordinated, mirrored, or copy-trading
  • high-frequency or latency-exploitation bots
  • restricted-window news trading
  • non-market-conforming behavior
  • system abuse affecting platform integrity

Violations result in immediate account termination without refund.

10. Indemnification

You agree to indemnify and hold Fundedbit harmless from any damages, claims, or losses arising from:

  • breach of these Terms
  • misuse of the Services
  • public statements causing reputational harm
  • legal claims resulting from your conduct

11. Limitation of Liability

Our total liability is limited to the amount paid by you in the last 12 months.
We are not liable for indirect or consequential damages.

12. Governing Law, Arbitration & Class Action Waiver

These Terms are governed by the laws of the United Arab Emirates and the Emirate of Dubai, including applicable regulations of the Meydan Free Zone.

Any disputes arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts of Dubai, United Arab Emirates.

The language of any proceedings or dispute resolution shall be English.

13. Miscellaneous & Program Updates

Fundedbit may update evaluation rules, payout conditions, or operational processes at any time.
Updates apply to all active and future evaluations.
Continued use of the Services constitutes acceptance of updated rules.

14. Chargeback & Payment Dispute Policy

Initiating a chargeback or payment dispute will result in:

  • immediate termination of all accounts

  • permanent ban from the platform

  • sharing of relevant dispute information with payment processors

15. Payent  Settlements

Payment Settlement by Odeonpay ALE S.R.L (“”Paysagi””) ” The Supplier is Fundedbit L.L.C-FZ. Payments are settled via Odeonpay ALE S.R.L. (“Paysagi”), acting solely as Merchant of Record for transaction settlement purposes. Paysagi is not the supplier of the goods or services. Payment settlement is subject to Paysagi’s Terms of Use, available at https://paysagi.com/terms-of-use/, which are presented to customers during the payment process.

16. Contact Information

Company Name: Fundedbit L.L.C-FZ
Registered Address: Meydan Grandstand, 6th Floor, Meydan Road, Nad Al Sheba, Dubai, U.A.E.
License Number: 2530279.01
Formation Number: 2530279
Email: support@fundedbit.com

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