Terms and Conditions
Effective Date: September 30, 2024
1. Introduction
Welcome to Elite Traders. These Terms and Conditions govern your use of our services, including our website, proprietary trading challenge services, and account management services. By accessing or using our services, you agree to comply with and be bound by these terms. If you do not agree to these terms, please do not use our services.
2. Company Contact Information
For any inquiries, questions, or concerns regarding these Terms and Conditions, or for customer support, please contact us at:
- Email: support@elitepassers.com
- Physical Address: 388 Market St, San Francisco, CA 94105
3. Governing Law and Jurisdiction
These Terms and Conditions are governed by the laws of the State of Delaware, USA. Any disputes arising from or related to these Terms will be subject to the exclusive jurisdiction of the courts located in Delaware, USA. By using our services, you consent to the jurisdiction of these courts.
4. Eligibility
By using our services, you represent and warrant that you are at least 18 years of age and legally capable of entering into binding contracts. You are solely responsible for ensuring that your use of our services complies with all applicable laws and regulations.
5. Services Provided
5.1 Proprietary Trading Challenge Assistance
Elite Traders offers challenge passing services for various proprietary trading firms, including FTMO, MyForexFunds, and others. We assist clients in passing these challenges by providing experienced traders and tailored strategies. A full money-back guarantee is offered if we fail the challenge passing service.
5.2 Account Management
We also offer account management services for traders. Elite Traders does not guarantee profits or returns in this service. Customers acknowledge that losses may occur and accept full responsibility for the risks associated with financial trading.
6. Refund and Cancellation Policy
We offer a full refund if we fail to pass the proprietary trading challenge for you. Refunds are not available for any other reason, including but not limited to dissatisfaction with account management services or early termination by the client.
7. Fees and Payments
Our service fees vary based on the challenge type, account size, and service requirements. All fees are one-time charges and are due before services are rendered. We do not offer any subscription-based services or renewal fees.
7.1 Payment Methods
We accept payments through major credit cards, wire transfers, and other digital payment platforms. All transactions are processed securely, and your payment information is kept confidential.
7.2 Taxes
Clients are responsible for paying any applicable taxes related to the services purchased. Elite Traders is not responsible for any taxes or fees incurred by clients in their respective jurisdictions.
8. Account Management Terms
8.1 Risk Management
Elite Traders employs strict risk management strategies in managing accounts; however, clients acknowledge that trading is inherently risky, and losses can occur. Clients agree to bear the financial risks associated with trading, and Elite Traders will not be held liable for any financial losses incurred.
8.2 Trader Responsibility
Clients are responsible for understanding the risks involved in trading, including the potential for loss. By using our services, clients agree to waive any claims against Elite Traders for losses incurred during trading activities managed on their behalf.
9. Indemnification
Clients agree to indemnify and hold harmless Elite Traders, its affiliates, officers, employees, and agents from any claims, damages, liabilities, or expenses arising from:
- Misuse of our services or breach of these Terms and Conditions.
- Violation of any third-party rights, including proprietary trading firms’ rules and regulations.
- Illegal trading practices or market manipulation performed through your account.
- Failure to comply with applicable laws and regulations in the use of our services.
10. Intellectual Property
All content on our website, including but not limited to logos, trading strategies, systems, and software, is the intellectual property of Elite Traders. You may not use, reproduce, or distribute any of this content without our prior written consent. Any unauthorized use may result in legal action.
11. Privacy Policy
We value your privacy and are committed to protecting your personal data. For more information on how we collect, process, and store your information, please refer to our Privacy Policy.
12. Limitation of Liability
Elite Traders will not be liable for any indirect, incidental, special, or consequential damages arising from the use of our services, including but not limited to loss of profits, data, or financial losses, even if we have been advised of the possibility of such damages.
Our maximum liability to any client shall be limited to the total amount paid by the client for services rendered.
13. Service Availability
We strive to ensure that our services are available at all times. However, we cannot guarantee that our services will be uninterrupted or error-free. Elite Traders reserves the right to modify or discontinue services temporarily or permanently, with or without notice.
14. Modification of Terms
Elite Traders reserves the right to modify these Terms and Conditions at any time. Changes will be posted on our website, and it is the client’s responsibility to review the terms regularly. Continued use of our services constitutes acceptance of the revised Terms and Conditions.
15. Termination
We reserve the right to terminate your account or restrict access to our services if you violate these Terms and Conditions, engage in fraudulent activities, or for any other reason at our sole discretion. In the event of termination, you will not be entitled to a refund of any fees paid.
16. Force Majeure
Elite Traders shall not be liable for any delay or failure in performance of its obligations under these Terms and Conditions resulting from causes beyond its reasonable control, including but not limited to acts of God, natural disasters, war, terrorism, government action, labor disputes, or technical failures.
17. Entire Agreement
These Terms and Conditions, along with our Privacy Policy and any other legal agreements posted on our website, constitute the entire agreement between you and Elite Traders concerning the use of our services. Any prior agreements, whether written or oral, are superseded by this document.
18. Severability
If any provision of these Terms and Conditions is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect. The invalid or unenforceable provision will be replaced by a valid provision that most closely matches the intent of the original provision.
19. Waiver
The failure of Elite Traders to enforce any provision of these Terms and Conditions shall not constitute a waiver of that provision or any other provision.
20. Dispute Resolution
Any disputes arising from the use of our services shall be resolved through binding arbitration in Delaware, USA, in accordance with the rules of the American Arbitration Association. Both parties agree to waive their right to a jury trial.