EXO Funding

EXO FUNDING TRADER PROGRAM


EXO FUNDING TRADER PROGRAM

TERMS OF USE - EXO ACCOUNT DETAILS:

Program type:

EXO Trader Program

Program phase:

Exo Funding Trader

Strategy/ Risk Level:

Normal

Brokerage:

ThinkMarkets/Blueberry Markets

Available trading symbols:

Everything the broker is offering/traded in Phase 1 & 2

Trading period starts:

Anytime within 30 days from application

Trading period ends:

After 30 days from opening the first position

Time Zone:

Eastern European (Summer) Time


EXO FUNDING TRADER (FUNDED PHASE):

PHASE 3:

TRADER

STRATEGY:

For 2-Step

STRATEGY:

For 1-Step

Trading period

N/A

N/A

Minimum trading days

N/A

N/A

Maximum loss:

10%

8%

Max. daily loss

5%

4%

Profit target:

N/A

N/A

Stop-Loss Orders:

Required

Required

News event trading:

Not allowed

Not allowed

Min. position duration:

10 seconds

10 seconds

Closing open positions:

End of trading period

End of trading period

PERFORMANCE COMMISSION:

95% of total profits

95% of total profits

 

  • The trader will receive access to the Exo Funding Trader Program account (Phase 3) within 5 business days after the Exo Funding Trader agreement has been signed.
  • Exo Funding Trader Program trading periods start when trader has placed his/her first order.
  • The trader has to request the account review + commission payout via Client Area "Close Period" button after the minimum trading period has been completed, any rules or general terms and conditions haven’t been violated and after the trader has closed all open positions.
  • If the Trader has met the conditions of the Exo Funding Trader Program, the Provider will evaluate the trading period as successful and make a new trading period account available within 5 business days from the account review.
  • The trader receives a performance commission of total profits made after the trading period has been completed and reviewed. The performance commission will be made available to the Trader’s account on Evaluator and is withdraw-able anytime with current payout methods.
  • The trader will receive a new Exo Funding Trader account after every period of trading as long as the trader hasn’t reached loss limits or violated any other rules or objectives or general terms and conditions. If you are not in profit at the end of your trading period but you didn't violate any rules then you continue with your current account balance into the next trading period.

1.1 THE EXO FUNDING TRADER PROGRAM (PHASE 3) - DETAILED EXPLANATION OF TRADING OBJECTIVES

Trading period: Trading period starts any time you will open your position and it will end after 30 calendar days

Minimum trading days: To meet this objective you must reach at least a minimum amount of trading (business) days during the Evaluation and verification periods. At least one position must be opened on each of these days. Also, it is prohibited to open abnormally small trades just to meet with the Minimum Trading Days requirement after reaching profit target earlier.

  • A trading day means a day when at least one trade is executed.
  • If a trade is held over multiple days, the day when the trade was executed is considered as the trading day.

Maximum loss: This rule can also be called “account stop-loss”. Maximum Loss is the difference between your highest recorded balance and your current equity.

Maximum daily loss: This rule can also be called “trader’s daily stop-loss”. The rule says that at any moment of the day (EE(S)T – Eastern European Summer Time), the daily equity decrease must not hit the predetermined limit. The counting formula: Current daily loss = equity at the start of the day - current equity.

Stop-loss orders: Each trade must have a stop-loss attached before opening a trade; if not, it may cause an account suspension.

Minimum position duration is 10 seconds. Each trade must be held for a minimum period of 10 seconds. This policy is in place to avoid cheating in the demo account environment to make unrealistic profits which are impossible to copy in real life accounts. This means that if you will for example accidentally open a wrong trade, you must wait until 10 seconds before you can close this trade

Maximum account leverage is 1:30. Available leverage depends on the chosen broker.

EXO FUNDING TRADER PROGRAM: TRADING POLICIES

Exo Funding Trader Program (hereinafter referred to as “Trader Program” and/or “we” and/or “our '' and/or “us”) is operated under the name Evaluator. Evaluator is a company registered at 86-90 Paul Street, London, England, EC2A 4NE. Company number: 1337. Evaluator is a Proprietary Trading company and Metaquotes technology provider who operates the Exo Funding Trading Program in mutual cooperation with its employed traders, freelancers and contractors (hereinafter referred to as “Evaluator” or “Proprietary Trading Company” or “Company”). All access and/or use of our services is subject to our General Terms and Conditions and these Trading Policies (hereinafter referred to as “Terms of Use” and/or this “Agreement”) in accordance with the terms for. For your benefit and protection, it is mandatory for you take enough time to read and understand this entire Agreement, as well as any other additional information available to you on exofunding.io (hereinafter referred to as “Website”) prior to subscribing to any services with us and before you enroll in the Program 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.

3.1 Parties. This Agreement is made between yourself, as our freelance traders or contractor (hereinafter referred to as “you” or “your'' or, “trader” or in general terms, the “client”) and Exo Funding Trader Program. 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.

3.2 Trading. It is important to understand that under this program we are looking for a trader who can generate stable, long term returns. As such, you hereby agree, not to trade with ‘unreasonable’ risk or gambling kind strategies. All trading activity will be monitored in real time by a third party service provider TFF GROUP LTD 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.

3.2.1 Traders may not use any EA's, scripts or robots unless Exo Funding Trading Evaluation Risk Team has granted such exception. Nor may traders engage in copy trades or following other traders' entry and exit signals, including their own Exo Funding accounts. Evaluator shall have the right to deem that Traders coordinate or copy their trades if several trades with the same instruments in the same direction are made within one minute of each other. In addition, if the same trade is taken on trader's any other Exo Funding account, there must be at least 1 minute difference between the entries – failing to comply with this rule will result in termination of all Exo Funding accounts owned by the trader. All trades must be based on the trader's own analysis and decisions.

3.2.2 Providing Signals to third parties: The Trader is not allowed to provide trading signals from Exo Funding Trading Evaluation account nor from the Exo Funding Trading Program Account in any format (digitally or manually) to third parties or any other Exo Funding Accounts without Evaluator approval.

3.2.3 News event trading: News event trading is not allowed and it is prohibited to open & close orders on any instrument 5 minutes before and after high impact news. Economic events that cannot be traded can be found in the Client Section under the menu link “Economic Calendar”. Please remember, high impact news can affect instruments that are not directly correlated to the country releasing its economic data.

3.2.4 Responsible and consistent strategy: Your trading strategy must be responsible and consistent during the whole trading period. Your trading must demonstrate that your strategy works in the long term and is not based on pure luck. If the Trader 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. In addition, position holding time must not deviate from the average trade duration by an unreasonable amount of time. 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 Trader’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://exofunding.io/terms-conditions). The Provider reserves the right to determine, at its own discretion, the nature of the behavior described above and reasonable boundaries for such determination.

3.2.5 Trading Instruments: Exo Funding Trader Program includes all instruments Evaluator is offering for MT4 trading platform.

The availability of trading instruments may change from time to time. All positions with unavailable instruments have to be closed within the agreed deadline. Changes in allowed trading instruments won't cause the possibility to pause trading or get refunded.

3.2.6 All positions must be closed before the trading period will end and before the trading period can be reviewed.

3.2.7 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), traders who take unreasonable risk may face termination of our relationship.

  1. Trading Account Management & Right of Refusal. The Company has the right to refuse to conclude the contract of the Exo Funding Trader Program account with the Customer – during any part of the Program. Should any concerns about profitability and excessive risks on a Real account arise, the company will attempt to contact the client 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 that may include:
    • The Company’s potential for suffering financial losses;
    • Investors of the company’s potential for suffering financial losses;
    • The potential damage to the Company’s reputation due to unreasonable losses of Investor funds.
    • Protection of Capital. The Proprietary Trading company Evaluator is under contractual obligation to protect investor funds against risk of unreasonable losses of capital under management, as described above. Should the company suspect that trading practices employed by a trader on a Demo account would not prove profitable on a Real account, the company reserves the right to terminate a contractual relationship with the trader.
    • Termination of Agreement Due to Concerns, Trading Violations And Ethics. Any of following violations will result inimmediate termination of our contractual relationship, unless you are able to justify the occurrence:

 Any form of arbitrage performed in your trading account, be it Demo or Real 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.

 Abuse of technological issues of a broker, intentional or otherwise, where opening and closing prices might be readjusted and traders 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, but not on a Real account.

At any point in trading with Exo Funding Trader Account, the Broker's Stop-Out level must not be hit. If client’s account hits Brokerage Stop-Out level, the account will be terminated.

  1. FORBIDDEN TRADING PRACTICES

5.1 DURING THE EXO FUNDING TRADER PROGRAM, IT IS PROHIBITED TO:

  • KNOWINGLY OR UNKNOWINGLY USE TRADING STRATEGIES THAT EXPLOIT ERRORS IN THE SERVICES

SUCH AS ERRORS IN DISPLAY OF PRICES OR DELAY IN THEIR UPDATE;

  • PERFORM TRADES USING AN EXTERNAL OR SLOW DATA FEED;
  • PERFORM, ALONE OR IN CONCERT WITH ANY OTHER PERSONS, INCLUDING BETWEEN CONNECTED

ACCOUNTS, OR ACCOUNTS HELD WITH DIFFERENT EXO FUNDING ENTITIES, TRADES OR

COMBINATIONS OF TRADES THE PURPOSE OF WHICH IS TO MANIPULATE TRADING, FOR EXAMPLE BY SIMULTANEOUSLY ENTERING INTO OPPOSITE POSITIONS;

  • PERFORM TRADES IN CONTRADICTION WITH THE TERMS AND CONDITIONS OF THE PROVIDER ANDTHE TRADING PLATFORM;
  • USE ANY SOFTWARE, ARTIFICIAL INTELLIGENCE, ULTRA-HIGH SPEED, OR MASS DATA ENTRY WHICHMIGHT MANIPULATE, ABUSE, OR GIVE YOU AN UNFAIR ADVANTAGE WHEN USING OUR SYSTEMS OR SERVICES; OR
  • OTHERWISE PERFORM TRADES IN CONTRADICTION WITH HOW TRADING IS ACTUALLY PERFORMED IN

THE FOREX MARKET OR IN ANY OTHER FINANCIAL MARKET, OR IN A WAY THAT ESTABLISHES JUSTIFIED CONCERNS THAT THE PROVIDER MIGHT SUFFER FINANCIAL OR OTHER HARM AS A RESULT OF THE CUSTOMER’S ACTIVITIES.

  • Furthermore, Customer shall not exploit the Services by performing trades without applying market standard riskmanagement 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.

  • 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 Exo Funding Trading Evaluation or Verification, (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.
  • In case when some or all Forbidden Trading Practices are executed on one or more Exo Funding TradingEvaluation and Verification accounts of one Customer, or accounts of various Customers, or by combining trading through Exo Funding Trading Evaluation and Verification accounts and Exo Funding Trader accounts, then the Provideris entitled to cancel all Services and terminate all respective contracts related to any and all Customer’s Exo Funding Trader Program, Exo Funding Trading Evaluation and Verification accounts.The Providermay exercise any and all actions in Clauses 5.5 and 5.6 at its own discretion.
  • If any Exo Funding Trader accounts were used for or were involved in the Forbidden Trading Practices, thismay and will constitute a breach of respective terms and conditions for the Exo Funding Trader account with thirdparty provider and may result in cancellation of all such user accounts and termination of respective agreements by the third-party provider.
  • If the Customer engages in any of the practices described in clause 5.4 repeatedly, and the Provider haspreviously 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.
  • The Provider does not bear any responsibility for trading or other investment activities performed by the Customeroutside 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.
  • 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.

  1. Indemnity and Liability.
    • The company shall not be liable to Client or to any third party except by reason of acts that constitute grossnegligence, bad faith or intent to defraud on behalf of the company.
    • Client 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 may become subject to in acting pursuant to or in furtherance of this Agreement or in connection with any transaction for the Account.
    • The company will not hold the client financially liable for any losses incurred by Investors on Real Tradingaccounts, which were the result of technical issues, or caused due to ‘unusual’ market movements, which could not be avoided with risk mitigation.
    • Only one user profile per verified individual is permitted. One user profile/verified individual can have multiple Exo Funding Trader Program accounts but maximum combined initial capital per trader is one million USD. Traders are not permitted to allow others to trade their account and may not trade on any other Exo 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 traders must be contactable on the telephone number provided during verification at any time a position is held in the markets. Evaluator reserves the right to demand extra video verification at anytime. Failure to contact the trader or to verify identity will result in trade deletion and/or account suspension.
  2. Term of The Agreement. Either party may terminate this Agreement at any time upon at least 5 business days’ prior written notice to the other via email or telephone.
  3. Exo Funding Trader Program and Trader commissions.

If the Customer is successful in both the Exo Funding Trading Evaluation and Verification, operated by a third party company TFF GROUP LTD, the trader will be recommended to the Exo Funding Trader Program, the proprietary trading platform operated by Evaluator. To get accepted to the Exo Funding Trader Program the trader must open an account with Evaluator, provide required KYC documentation and sign an agreement with a company. Once the trader will be accepted to the program, the trader can start trading at the same initial capital account size as the trader was trading in the Trading Evaluation. The trader can also start earning performance commissions according to this agreement signed with the Proprietary Trading Company. All Traders are compensated on a profit split basis only. Trader performance commission depends on the chosen program, risk level and phase. The trader may request withdrawal anytime when his/her account balance on Evaluator is positive. Payments will be made by wire-transfer or any other payment methods available with Evaluator. Alternative payment methods may be available, however the trader must ensure that bank transfers related to FX are receivable by the institution and its regulators in the traders geographic location. Evaluator will not be responsible for failure to deliver a payout due to adverse regulatory directives or rejection in any country or region. 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.

  1. Risk Disclosure.

All content published and distributed by Evaluator 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! Evaluator does not provide any of the investment services listed in the Capital Market Undertakings Act No. 256/2004 Coll. The information on 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. Evaluator does not accept deposits from clients and does not offer any broker services to the public where such distribution or use would be contrary to local laws or regulations. Evaluator’s Metatrader trading platform and Exo Funding Trader Program sole purpose is to offer tools and liquidity for the company itself. The offered technical solution for the Exo Funding Trader platform and data feed is powered by the institutional liquidity providers. Evaluator 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 anytime in line with perceived or actual risk of non execution of stop or limit orders due to market conditions

Evaluator 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.

  1. Approval. Trader has read, understood and agreed to Exo Funding Trading Program terms and rules on this document, Evaluator Detailed Explanation of Trading rules and objectives published on exofunding.io and to all Exo Funding Terms and Conditions published on https://exofunding.io/terms-conditions and in exofunding.io legal documentation.

No provision of this Agreement may be waived or amended unless the waiver or amendment is in writing and signed by the Clients and an authorized officer of the Company. This Agreement shall be subject to the law of United Kingdom.

TRADER (Full Name & e-mail address):


Signature

Datestamp:

COMPANY: Evaluator

EMAIL: [email protected]

ADDRESS: 86-90 Paul Street, London, England, EC2A 4NE

COMPANY NO: 1337

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Document name: EXO FUNDING TRADER PROGRAM
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December 23, 2023 11:27 pm GMTEXO FUNDING TRADER PROGRAM Uploaded by EXO Funding - [email protected] IP 77.162.201.214