Industry, legal and operations
Terms of service
The contract between a trader and a firm, covering purchases, account rules, payouts and termination. It governs everything the marketing pages summarise, and where a page and the terms disagree, the terms are what applies.
Also called: Terms & Conditions · T&Cs
GFN’s figure
GFN's published rules handbook summarises the current public rules; your checkout configuration, account dashboard and Terms & Conditions take priority where an account has specific options or add-ons.
The rules applicable at the time of purchase are the rules that govern that account.
In detail
Terms of service,explained
The sections worth reading before buying are the ones about breaches, payout eligibility, prohibited activity and jurisdiction. Those decide what happens in every situation a trader would rather not be in.
The terms in force at the time of purchase are the terms that govern that account, which is why old screenshots and superseded promotions are not a defence.
Related
Terms thatcome with it
Most rules only make sense next to the ones they interact with. These are the entries this one depends on.
Funded trader agreement
The contract governing a simulated funded account: what the trader may do, how performance is measured, how payouts are calculated and on what grounds the arrangement can end.
Refund policy
The published terms under which a firm will return the purchase price of an evaluation. Rights are usually strongest before the account has been accessed and narrow sharply once trading has begun.
Dispute resolution
The process for settling a disagreement about a breach, a payout or an account decision. It starts with the firm's support channel and is governed by the terms the account was bought under.
Prohibited trading
Activity a firm bans because it targets the trading environment rather than the market. It covers exploiting errors and pricing delays, coordinated trading between accounts, and third-party account management.
Breach
Any violation of an account's published rules. Breaches are graded: a soft one triggers corrective action, a hard one fails the account. The word is used for both, which is why the grade matters more than the term.
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