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General Terms and Conditions

Last Updated: January 2025

Please note that all accounts we provide to our clients are demo accounts with fictitious funds and any trading is in a simulated environment only. MTF Prop only provides services of simulated trading and educational tools for traders.

1. Agreement to Terms

By accessing or using MTF Prop ("Provider," "we," "us," or "our") website, services, or purchasing any evaluation program, you ("Customer," "Trader," or "you") agree to be bound by these General Terms and Conditions. If you do not agree to these terms, do not use our services. The services are intended for persons over 18 years of age.

2. Nature of Services

MTF Prop provides services of simulated trading and educational tools for traders. All trading activities conducted through our platform occur in a simulated environment using demo accounts with fictitious funds.

  • No real money is at risk during the evaluation phase
  • You will not be paid any remuneration or profits based on real market trading
  • None of the services can be considered investment services in accordance with applicable laws
  • The Provider does not give or provide any guidance, instructions, or information about how or in which manner you should perform transactions
  • None of the services constitute investment advice or recommendations
  • No employees, staff, or representatives are authorized to provide investment advice

3. Eligibility

To use our services, you must:

  • Be at least 18 years of age
  • Have the legal capacity to enter into binding contracts
  • Not be located in a restricted jurisdiction where our services are prohibited
  • Complete identity verification (KYC) before receiving any rewards
  • Provide accurate and truthful information during registration

4. Evaluation Program (MTF Challenge)

The MTF Challenge is an evaluation program where traders must complete specific trading objectives and meet certain performance metrics to qualify for a funded demo account. By purchasing an evaluation program, you agree to abide by the following Trading Objectives:

4.1 Trading Objectives

  • Profit Target: 8% of initial account balance
  • Maximum Loss: 8% of initial account balance
  • Minimum Trading Days: 4 days
  • Consistency Rule: No single trading day may account for more than 40% of total profits

4.2 Maximum Loss

The Maximum Loss can be considered as the account stop-out level. The amount you are not allowed to exceed is 8% of the initial balance, inclusive of the sum of results from open as well as closed positions.

4.3 Forbidden Trading Practices

Following these rules is mandatory when using our services. These rules are intended to help create habits that can be reasonably utilized when trading in actual markets and to protect our services from manipulative and abusive behavior:

  • Holding positions over the weekend
  • Using Expert Advisors (EAs) or automated trading systems
  • Copy trading or trade mirroring between accounts
  • Performing trades for manipulative purposes, including opposite positions across accounts
  • Using software, artificial intelligence, or ultra-high-speed tools that might manipulate or abuse the system
  • Account sharing or allowing third parties to trade on your account
  • Any trading practices that are not reasonably replicable in actual markets
  • Gap trading or trading around major news events in a manner that exploits simulated conditions

5. Fees and Payments

5.1 Challenge Fees

The fee for the MTF Challenge varies according to the option selected:

  • $50,000 Account: $299
  • $100,000 Account: $499
  • $200,000 Account: $999

5.2 Activation Fee

Upon successfully completing the evaluation, a one-time activation fee of $150is required to receive your funded demo account.

5.3 Payment Methods

All challenge and activation fees are payable via cryptocurrency (BTC, ETH, USDC, USDT) through our payment processor, Coinbase Commerce.

6. Refund Policy

Fees are non-refundable if the program is not completed successfully. Specifically, all fees paid are non-refundable once:

  • You have placed your first simulated trade on the evaluation account
  • 48 hours have passed since account credentials were issued
  • You have violated any trading rules resulting in account termination

If the Customer starts performing demo trades before the expiry of the 48-hour period, the Customer expressly asks MTF Prop to provide the services before the expiry of the period for withdrawal, as a result of which the Customer loses its right to withdraw.

7. Funded Demo Accounts and Rewards

7.1 Nature of Funded Accounts

Upon passing the evaluation, you are given the right to use a funded demo account in a simulated environment with fictitious funds. You do not become an MTF Prop employee. The entitlement or amount of any reward does not depend on developments in real financial markets or on the value that the demo trades would have in real financial markets.

7.2 Rewards

The amount of the Reward is 80% of the simulated profits generated on your funded demo account. The reward is calculated based on your performance in the simulated environment.

7.3 Reward Eligibility

To request a reward payout, you must:

  • Have completed a minimum of 5 trading days on your funded account
  • Complete identity verification (KYC) through our verification provider
  • Have no open positions at time of payout request
  • Not be in violation of any trading rules

7.4 Payout Methods

Rewards are processed via cryptocurrency (USDC, USDT, or other supported tokens) to your designated wallet address. Processing typically takes 24-48 hours after approval.

7.5 Account Limits

Each user may hold a maximum of 5 funded demo accounts simultaneously.

8. Account Termination

This Agreement terminates automatically when the Customer fails to comply with one or more Trading Objectives. Your account may be terminated immediately and without refund if you:

  • Breach the Maximum Loss limit
  • Violate the consistency rule
  • Engage in forbidden trading practices
  • Provide false or misleading information
  • Attempt to manipulate or exploit our systems
  • Share account credentials with third parties
  • Fail KYC verification

9. Intellectual Property

All content, trademarks, logos, and intellectual property on our platform are owned by MTF Prop or its licensors. You may not copy, reproduce, or distribute any content without prior written consent.

10. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY THE MANDATORY LEGAL REGULATIONS:

  • MTF Prop disclaims any statutory, contractual, express and implied warranties
  • MTF Prop shall not be liable for any indirect, incidental, special, consequential, or punitive damages
  • Our total liability shall not exceed the amount you paid for the service in question, with a maximum of USD $10,000
  • We are not responsible for any products, services, applications or other content of third parties that you use in connection with the services

11. Indemnification

You agree to indemnify and hold harmless MTF Prop, its officers, directors, employees, and agents from any claims, damages, or expenses arising from your use of our services, violation of these terms, or infringement of any third-party rights.

12. Governing Law and Disputes

These Terms shall be governed by the laws of the State of Delaware, United States. Any disputes shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association.

13. Changes to Terms

We reserve the right to modify these Terms at any time. Changes will be posted on this page with an updated "Last Updated" date. The change does not affect the Services purchased before the change is notified. Continued use of our services after changes constitutes acceptance of the new terms.

14. Contact Information

For questions about these Terms, contact us at:

Email: support@mtfprop.com

Please note that all accounts we provide to our clients are demo accounts with fictitious funds and any trading is in a simulated environment only. By using MTF Prop services, you acknowledge that you have read, understood, and agree to be bound by these General Terms and Conditions.