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Terms and Conditions

Effective Date: 03/06/2025

Welcome to NexFunders (www.nexfunders.com), operated by Cifex Line LLC trading as NexFunders (“the Company”). By accessing or using our services, you agree to comply with and be legally bound by the following Terms and Conditions. This Agreement constitutes a legally binding contract between you (“the Trader”) and the Company. You have a duty to read this Agreement carefully before using the services. Continued use of the services shall constitute your acceptance of these terms, including any future amendments.

The Company reserves the right to suspend, modify, amend, or terminate this Agreement at any time, at its sole discretion. Any updates to these Terms will be reflected by a revised Effective Date, and your continued use of the services following such updates constitutes your acceptance of the revised Agreement.

NexFunders does not offer regulated financial products or brokerage services. All trading activity takes place in a simulated environment using virtual funds with no monetary value. Traders do not invest real funds, and the Company does not solicit, manage, or hold any customer deposits. The services are educational and performance-based in nature, and are not intended to constitute investment advice or an invitation to invest.

1. Nature of Services

1.1 Simulated Environment: All trades conducted under this Agreement are in a simulated/demo environment using virtual funds.

1.2 Educational Purpose: Our services are mainly of an educational nature. We do not provide financial advice or investment recommendations.

1.3 Risk Disclosure: Past results are not indicative of future results. Trading is high risk and should not be conducted with money the Trader cannot afford to lose.

1.4 No Client Deposits: We do not accept client deposits. All funds used for trading evaluations are provided virtually by the Company.

1.5 Hypothetical Results Disclaimer: Any hypothetical or simulated performance results have inherent limitations. Unlike actual performance records, simulated results do not represent actual trading and may under- or overcompensate for various market factors.

2. Trading Programs

Program parameters (including maximum loss, daily loss, profit targets, minimum trading days, and leverage) are as published on the NexFunders website for each product at the time of purchase. The Company may update program rules; the version applicable to your account is the one in force when you purchase or as otherwise notified.

3. Evaluation Rules

3.1 Adherence to Trading Objectives: Traders must meet all trading objectives for their selected program to progress or receive a funded account. Failing to meet objectives or breaching risk parameters will result in disqualification.

3.2 Violation Consequences: Breaching maximum daily loss, maximum loss, or engaging in prohibited strategies may result in disqualification or termination.

3.3 No Retake for Breaches: If a Trader violates evaluation rules or trading objectives, the evaluation is considered failed. A new evaluation purchase is required to attempt again.

3.4 Weekend Holding and News Events: Rules for weekend holding and news trading follow the program and any add-ons purchased. Violations may result in a soft breach or account termination depending on severity.

3.5 Soft Breaches: Accumulating three or more soft breaches may result in termination, even if each individually does not disqualify the Trader.

3.6 Minimum Trading Day Definition: Where a program requires minimum trading days, a qualifying day is defined as published for that program (including any profit threshold requirements).

4. Capital Allocation and Scaling

The Company provides Traders with access to virtual capital for simulated trading. Scaling decisions are made at the sole discretion of the Company and may consider risk management, drawdown control, trading behavior, and adherence to terms. All funds provided remain virtual and are intended solely for performance evaluation within a simulated environment.

5. Prohibited Trading Strategies

The following may result in termination:

  • Copy Trading: Allowed only from another NexFunders account, broker account, or prop firm account owned by the same individual. Copy trading from accounts not owned by the same individual is prohibited.
  • Account Management Services: Not allowed. Trading must be based solely on the Trader’s ability.
  • Specific Strategies: High frequency trading (HFT), arbitrage, exploiting errors or latency, one-sided betting, “pass your challenge” services, third-party signals, group trading, tick scalping, hedging across two NexFunders accounts to game outcomes, and similar strategies.
  • EA Trading: Allowed only under published conditions (no copying others’ signals, no tick scalping, no latency/reverse/hedge arbitrage, no emulators). Use of commercially available public EAs that create identical patterns across multiple accounts is prohibited.
  • IP Address Consistency: Login regions should remain consistent. Proof of travel/location may be requested. Multiple accounts on similar IPs used for group trading are prohibited.
  • Account Security: Changing demo/simulated account passwords in unauthorized ways is prohibited.
  • Third-Party Trading: Trading on someone else’s behalf is not permitted.
  • Age Requirement: All traders/customers must be at least 18 years old.

6. Compliance with Laws and AML Practices

The Company may restrict certain jurisdictions to comply with local laws and anti-money laundering (AML) practices. The Trader agrees to provide documentation required for KYC and AML checks.

7. Limitation of Liability

The Company shall not be liable for losses incurred by the Trader. Trading involves significant risk. Funds provided are virtual, except for trader payouts which are real when issued. The Company is not liable for platform issues including slippage, latency, execution delays, price discrepancies, outages, or other technical malfunctions.

8. Confidentiality

Both parties agree to keep confidential information regarding trading strategies, account details, and proprietary information confidential unless required by law or with prior written consent.

9. Amendments

This Agreement constitutes the entire understanding between the parties. Material updates may be published on the website with a revised Effective Date.

10. Governing Law and Jurisdiction

This Agreement shall be governed by and construed in accordance with the applicable laws of Hungary, without prejudice to mandatory consumer protections that may apply. Disputes should first be raised with support for amicable resolution before formal proceedings.

11. Indemnification

The Trader agrees to indemnify and hold harmless the Company, its affiliates, and their officers, directors, employees, and agents from claims arising out of the Trader’s activities or breach of this Agreement.

12. Account Termination

The Company may suspend or terminate accounts for rule breaches, fraud, abuse, or other material violations of these Terms.

13–17. Service Use, Accounts & Payments

You are responsible for accurate registration details, safeguarding login credentials, and lawful use of the Service. Prices are as displayed at checkout and may change without notice for future purchases. Chargebacks made in bad faith may result in account restrictions.

18. Refunds

Eligibility: Customers who have not traded on their account may request a refund within 14 days from the date of purchase.

Process: Contact support with your order details. Approved refunds are issued to the original payment method; transaction fees may be deducted where applicable.

Additional refund terms may also apply as described in our Refund Policy.

19–25. Promotions, Errors, EDD, Prices, Simulated Trading & Prohibited Uses

Abuse of promotions may result in disqualification. We may correct errors and update information without notice. Enhanced due diligence may be required. All trading is simulated with virtual funds. You may not use the site for unlawful, abusive, infringing, fraudulent, or security-circumventing purposes.

26. Third-Party Links

Third-party links are for information only. NexFunders is not responsible for third-party sites, products, or services.

27. Personal Information

Personal information is handled in accordance with our Privacy Policy.

28. Contact Information

Cifex Line LLC (trading as NexFunders)
1094 Budapest, Viola utca 34. B. lház. Fsz. 2.
HU 01-09-458000
Email: info@nexfunders.com
Website: www.nexfunders.com

NexFunders provides educational resources and tools for traders, offering a simulation platform for skill assessment. Information on the website is for analysis purposes only and should not be considered financial, investment, tax, or other advice. Purchases are not deposits. All accounts operate in a simulated trading environment and do not involve actual money or assets.