Terms & Conditions

IMPORTANT LEGAL NOTICE

This Terms and Conditions Agreement (“Agreement”) constitutes a legally binding contract between Spartora Trader LLC, a proprietary trading firm duly organized under the laws of the State of Wyoming, USA, with its principal office at 1846 1st Street, Idaho Falls, ID 83401, USA (hereinafter, the “Firm,” “we,” “us,” or “our”), and any individual or entity applying for or participating in the Firm’s Evaluation Program and/or Funded Account Program (hereinafter, the “Trader” or “you”).

This Agreement governs your access to, and use of, the Firm’s proprietary trading services, including the simulated Evaluation Program and, upon successful completion thereof, engagement as an independent contractor permitted to trade a Funded Account capitalized by the Firm.

BY ACCESSING, REGISTERING FOR, OR USING ANY OF THE FIRM’S SERVICES, YOU EXPRESSLY REPRESENT THAT YOU HAVE READ, UNDERSTOOD, AND AGREED TO BE LEGALLY BOUND BY THE TERMS OF THIS AGREEMENT. IF YOU DO NOT AGREE, YOU MUST REFRAIN FROM ACCESSING OR USING ANY OF THE FIRM’S SERVICES.

1. Definitions

For purposes of this Agreement, the following terms shall have the meanings ascribed to them:

• “Firm” or “Spartora Trader LLC”: Spartora Trader LLC, a Wyoming limited liability company, operating as a proprietary trading firm.

• “Services”: Collectively, the Evaluation Program, access to simulated trading platforms, educational resources, and, upon invitation, the Funded Account Program.

• “Evaluation Program”: A simulated assessment designed to evaluate a Trader’s trading discipline, consistency, and adherence to defined risk parameters. No actual capital is traded during this stage.

• “Funded Account Program”: The proprietary program pursuant to which the Firm may, at its sole discretion, allocate a Funded Account to a Trader who has successfully completed the Evaluation Program.

• “Funded Account”: A proprietary, Firm-capitalized account enabling the Trader to execute trades in futures contracts, subject to strict risk management rules.

• “Profit Split”: The distribution of net profits generated in a Funded Account, as determined by the Firm’s published policies.

• “Loss Limit”: The maximum daily or aggregate reduction in account equity permitted before suspension or termination.

• “Prohibited Practices”: Any trading activity expressly forbidden under Section 5 of this Agreement.

• “Intellectual Property”: All patents, copyrights, trademarks, trade secrets, software, methodologies, and proprietary materials owned or licensed by the Firm.

2. Eligibility, Registration, and Trader Status

2.1 Eligibility. You must be at least eighteen (18) years of age (or the age of majority in your jurisdiction), have full legal capacity to enter into this Agreement, and must not reside in any jurisdiction where participation in the Firm’s Services is prohibited by law. United States residents are permitted to participate, provided they comply with applicable tax reporting requirements.

2.2 Registration and Account Security. You shall provide accurate and complete information during registration. You are solely responsible for maintaining the confidentiality of your login credentials and for all activity under your account. The Firm shall bear no liability for losses arising from unauthorized access caused by your negligence.

2.3 Independent Contractor Status. In the event a Funded Account is allocated, you shall act strictly as an independent contractor. This Agreement does not create, and shall not be construed as creating, an employment, agency, or partnership relationship between you and the Firm.

3. The Evaluation Program

3.1 Purpose. The Evaluation Program is a simulated environment established to assess your risk management, discipline, and compliance with Firm-mandated trading parameters. No real capital is traded in this stage.

3.2 Rules and Termination. You must adhere strictly to all published rules, including profit targets, drawdown limits, daily loss thresholds, position sizing restrictions, and minimum trading day requirements. Any violation thereof, or engagement in Prohibited Practices, shall result in immediate termination of your participation without refund.

3.3 Fees. Participation requires payment of a non-refundable fee, which covers administrative costs, platform access, and evaluation resources. Account resets, where available, shall also require a non-refundable fee.

3.4 Refunds and Disputes. All fees are strictly non-refundable. Any payment reversal, chargeback, or dispute filed with a payment provider will constitute a breach of this Agreement and result in immediate suspension or termination of your account.

4. The Funded Account Program

4.1 Invitation. Successful completion of the Evaluation Program does not guarantee access to a Funded Account. The Firm retains absolute discretion in granting or withholding such access.

4.2 Rules. All Funded Accounts are governed by a distinct set of operational rules, communicated in writing. Violation of these rules shall result in immediate suspension or termination.

4.3 Loss Allocation. The Firm shall absorb losses incurred in the Funded Account unless such losses arise from your breach of Funded Account rules or engagement in Prohibited Practices.

4.4 Profit Split. Net profits shall be distributed according to the Firm’s prevailing Profit Split policy. The Firm’s share shall be deducted automatically.

4.5 Tax Compliance. Prior to receiving any payouts, U.S. residents must submit IRS Form W-9; non-U.S. residents must submit Form W-8BEN. You are solely responsible for reporting and paying all applicable taxes in your jurisdiction. The Firm reserves the right to withhold or delay payouts pending receipt of accurate tax documentation.

5. Prohibited Trading Practices

The following practices are strictly prohibited and shall result in immediate termination, forfeiture of all accrued profits, and potential legal action:

• High-frequency trading (HFT) or unauthorized automated strategies.

• Latency arbitrage, tick scalping, or exploitation of system/data delays.

• Market manipulation, including but not limited to spoofing, layering, or wash trading.

• Holding positions beyond restricted periods (overnight, weekends, or during scheduled news events, if prohibited).

• Coordinated or multi-account strategies designed to evade risk limits.

• Hedging between Firm accounts or between a Firm account and external/personal accounts.

6. Trading Platform and Technology

6.1 Provision. Access to the Firm’s designated trading platform(s) is provided as part of the Services. The Firm does not warrant uninterrupted access and disclaims liability for system outages, delays, or connectivity failures.

6.2 License. You are granted a limited, non-transferable, revocable license to use the platform solely in connection with the Services. Reverse engineering, unauthorized modification, or redistribution is strictly prohibited.

6.3 Data Accuracy. Market data is furnished by third-party providers. The Firm makes no representation or warranty as to the accuracy, timeliness, or completeness of such data.

7. Disclaimers, Liability, and Indemnification

7.1 Disclaimer of Warranties. The Services are provided strictly on an “AS IS” and “AS AVAILABLE” basis. The Firm expressly disclaims all warranties, whether express or implied, including but not limited to merchantability, fitness for a particular purpose, and non-infringement. The Firm does not guarantee profits, payouts, or any particular trading results.

7.2 Limitation of Liability. To the maximum extent permitted by law, the Firm shall not be liable for indirect, incidental, consequential, punitive, or exemplary damages. The Firm’s total aggregate liability to you shall in no event exceed the total amount of fees you paid to the Firm in the twelve (12) months immediately preceding the claim.

7.3 Indemnification. You agree to indemnify, defend, and hold harmless the Firm, its officers, employees, contractors, and affiliates from and against any claims, liabilities, damages, losses, or expenses (including reasonable attorneys’ fees) arising out of: (i) your use of the Services; (ii) your violation of this Agreement; or (iii) any third-party claim related to your conduct.

8. Governing Law and Dispute Resolution

8.1 Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Wyoming, USA, without regard to its conflict of laws principles.

8.2 Arbitration. Any dispute arising under or relating to this Agreement shall be resolved exclusively by binding arbitration administered by the American Arbitration Association (AAA) under its Commercial Arbitration Rules, in Cheyenne, Wyoming.

8.3 Class Action Waiver. All claims must be brought in an individual capacity, and not as a plaintiff or class member in any purported class, collective, or representative proceeding.

9. Intellectual Property

All proprietary rights in the Firm’s content, logos, platforms, software, methodologies, and materials are owned or licensed by the Firm. No license or right to use such property is granted except as expressly authorized herein.

10. Confidentiality

You shall maintain strict confidentiality regarding all non-public, proprietary, or sensitive information disclosed by the Firm during the course of your participation. This obligation shall survive termination of this Agreement.

11. Miscellaneous

11.1 Amendments. The Firm reserves the right to amend or modify these Terms at any time. Notice shall be deemed given when posted on the Firm’s website. Continued use of the Services constitutes acceptance of the amended terms.

11.2 Entire Agreement. This Agreement constitutes the entire agreement between you and the Firm with respect to the subject matter herein and supersedes all prior agreements or understandings.

11.3 Severability. If any provision of this Agreement is held invalid or unenforceable, such provision shall be severed, and the remainder shall remain enforceable.

11.4 Waiver. No waiver of any provision shall be deemed a continuing waiver unless expressly stated in writing by the Firm.

11.5 Assignment. You may not assign or transfer this Agreement without prior written consent of the Firm. The Firm may assign its rights and obligations without restriction.

BY CONTINUING TO ACCESS OR USE THE SERVICES OF SPARTORA TRADER LLC, YOU AFFIRM THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THIS AGREEMENT.