Terms & Conditions

1. DEFINITIONS AND INTERPRETATION

"Company", "We", "Us", "Our" refers to Fundedx Edu LLP, Ahmedabad, Gujarat, India, and its affiliated entity Quantum Traders LLC, United States of America.

"Platform" refers to the website www.fundedxcapital.com, trading terminal, dashboard, and all associated software and tools operated by the Company under the brand name "FundedXCapital".

"Evaluation Program" refers to any structured skill assessment challenge offered on the Platform (e.g. 1-Step, 2-Step, or Instant Funding).

"Evaluation Capital" refers to the virtual, notional capital allocated to a simulated account. Evaluation Capital is entirely virtual, does not represent actual securities or trading positions, and is used solely for the purpose of skill assessment within a simulated environment.

2. ACCEPTANCE OF TERMS

By accessing, registering on, or using the Platform, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions, our Privacy Policy, Refund Policy, Risk Disclosure, and Regulatory Disclaimer.

3. NATURE OF SERVICES

FundedXCapital is an online education, skill assessment, and performance evaluation platform. All trading activity on the Platform takes place in a simulated virtual environment. No real trades are executed on any stock exchange, and no real capital is deployed.

The Company is NOT a stockbroker, investment adviser, research analyst, or portfolio manager registered with or regulated by the Securities and Exchange Board of India (SEBI) or any other financial regulatory authority. All content is for educational and informational purposes only.

4. ELIGIBILITY

To use the Platform and enroll in any Evaluation Program, you must be at least 18 years of age, possess a valid PAN card (for Indian residents), and hold a valid bank account or UPI ID in your own name. Minors are strictly prohibited from using the Platform.

5. ACCOUNT REGISTRATION AND KYC

You are responsible for maintaining the confidentiality of your login credentials. Before receiving any Performance Rewards, you must successfully complete the Know Your Customer (KYC) verification process by submitting a government-issued photo ID, PAN card, and proof of address. KYC must be completed within 30 days of passing the evaluation.

6. EVALUATION PROGRAMS

Each program (One-Step, Two-Step, or Instant Funding) has specific profit targets, daily loss limits, maximum overall drawdowns, and fee parameters as published on the Platform. Breach of drawdown or daily loss limits results in immediate failure of the evaluation.

7. EVALUATION RULES AND PARAMETERS

Traders must comply with the daily loss limit (typically 5%), maximum overall drawdown (typically 10%), minimum trading days, news trading restrictions, and square-off rules. Copy trading, hedging between multiple accounts, latency exploitation, and VPN location-masking are strictly prohibited.

8. PERFORMANCE REWARDS

Performance Rewards are discretionary payments made to Certified Performers based on their virtual trading performance. They are professional fees and do not constitute investment returns, dividends, or guaranteed income. The relationship between the Company and the User is that of an independent contractor.

9. REWARD CALCULATION AND DISTRIBUTION

Rewards are calculated based on the virtual profits generated in the Performance Account during each reward cycle (e.g. 7 or 14 days) multiplied by the applicable Reward Share percentage (up to 90%). Payouts are sent via UPI or NEFT/RTGS to the verified bank account of the registered User.

10. PAYMENT TERMS AND FEES

Evaluation Fees are one-time payments required to enroll in a challenge. All fees are quoted in Indian Rupees (INR) and are inclusive of GST. All payment transactions are processed securely via PCI-DSS compliant payment gateways.

11. REFUND POLICY

Requests for refunds must be sent to support@fundedxcapital.com. Full refunds (minus a processing fee) are available only within 48 hours of purchase if no trades have been placed. Once an evaluation is commenced and completed, the fee is entirely non-refundable.

12. TAXES AND COMPLIANCE

Taxes (including TDS under Section 194J of the Income Tax Act, 1961) will be deducted from Performance Rewards before distribution. Users are solely responsible for declaring rewards in their income tax filings.

13. PROHIBITED ACTIVITIES

Users must not exploit latency delays, copy trades, mirror trades, coordinate trading strategies, reverse-engineer Platform software, or use VPNs to violate compliance rules. Violating these prohibitions will lead to immediate account termination.

14. INTELLECTUAL PROPERTY

All content, branding, logos, trademarks, and code on the Platform are the exclusive property of the Company or its licensors. You are granted a limited, revocable license to access the Platform for your personal, non-commercial use.

15. LIMITATION OF LIABILITY

To the maximum extent permitted by law, the Company, its directors, and affiliates shall not be liable for any indirect, incidental, or consequential damages. The Company's total aggregate liability shall not exceed the Evaluation Fee paid by the User for the specific challenge.

16. DISPUTE RESOLUTION AND GOVERNING LAW

These Terms shall be governed by the laws of India. Any disputes arising out of these Terms shall be resolved by binding arbitration under the Arbitration and Conciliation Act, 1996, with the seat of arbitration in Ahmedabad, Gujarat, India.

Disclaimer: FundedXCapital is a simulated trading evaluation platform. All accounts provided are simulated demonstration environments. Users have zero exposure to financial losses beyond registration fees.