1. Introduction
   • These Terms of Use (“Terms”) constitute a legally binding agreement between Nexus Funded Ltd (“Nexus Funded”, “we”, “us”, or “our”), a proprietary trading firm, and you (“User”, “Trader”, or “you”).
   • By accessing or using our services, you affirm that you have read, understood, and agree to be bound by these Terms. If you do not agree with any part of these Terms, you must immediately cease using our services.

2. Company Information
   • Nexus Funded Ltd is a company duly registered in Saint Lucia with license number 2024-00255.

3. Eligibility
   • To be eligible to use our services, you must be at least 18 years of age and possess the legal capacity to enter into a binding contract under the laws of your jurisdiction.
   • You must complete the registration process by providing accurate, current, and complete information and promptly updating it to maintain its accuracy and completeness.

4. Account Registration
   • You must register for an account to access and utilize our trading platform and services.
   • You are solely responsible for maintaining the confidentiality and security of your account credentials, including your username and password. Disclosure of your account credentials to any third party is strictly prohibited.
   • You agree to immediately notify us of any unauthorized use of your account or any other security breach. We disclaim all liability for any losses or damages arising from your failure to comply with this obligation.

5. Services Provided
   • Nexus Funded provides proprietary trading accounts to qualified traders, enabling them to trade using our capital.
   • We offer various trading programs with differing levels of capital allocation, risk management rules, and profit-sharing arrangements.

6. Trading Instruments
   • Nexus Funded permits trading in a variety of financial instruments, categorized as follows:

Forex

Indices

Commodities

EURUSD

DowJones30

XAUUSD

GBPUSD

Nasdaq100

XAGUSD

EURGBP

SP500

XAGEUR

USDJPY

Japan225

XAUEUR

USDCAD

STOXX50

XPTUSD

USDCHF

DAX40

Brent Oil

AUDUSD

CAC40

Crude WTI Oil

GBPJPY

FTSE100

AUDJPY

IBEX

NZDUSD

7. Trading Platform
   • The cTrader platform shall be utilized for both Demo and Real trading phases. You are required to familiarize yourself with the cTrader platform and its functionalities.

8. Trading Leverage
   • Nexus Funded provides different leverage levels for various instruments, categorized as Standard and Swing. The available leverage levels are as follows:

Instrument

Standard

Swing

Forex

1:100

1:30

Metals

1:50

1:15

Indices

1:50

1:15

Energy

1:50

1:15

9. Account Type

Standard Account:

– Trading is prohibited 2 minutes before and after scheduled news announcements.

– Positions may not be held overnight or over the weekend.

Swing Account:

– Trading during news times is permitted.

– Positions may be held overnight and over the weekend.

10. Challenge Phases
    • The Nexus Funded program includes two challenge phases, each with specific requirements:

Phase 1:

– Profit Target: 10%

– Maximum Daily Loss: 5%

– Maximum Total Drawdown: 10%

– Daily Drawdown Reset Type: Equity-based

– Drawdown Method: Static

– Minimum Trading Days: 4 days

– Maximum Trading Days: Unlimited

Phase 2:

– Profit Target: 5%

– Maximum Daily Loss: 5%

– Maximum Total Drawdown: 10%

– Daily Drawdown Reset Type: Equity-based

– Drawdown Method: Static

– Minimum Trading Days: 4 days

– Maximum Trading Days: Unlimited

• Payout Frequency: Every 14 days.

11. Trading Rules
    • You must adhere strictly to your trading account’s trading rules and guidelines.
    • While stop-loss orders are not mandatory but highly recommended for effective risk management.
    • The use of Expert Advisors (EAs) is strictly prohibited.
    • Copy trading is strictly prohibited.
    • Arbitrage trading between two accounts under the same or different names is strictly prohibited.
    • Scalping strategies are strictly prohibited.
    • Traders determined to have passed the evaluation phases primarily through luck or gambling strategies are unwelcome and may have their accounts terminated.
    • Any breach of trading rules may result in immediate suspension or termination of your account, forfeiture of profits, and liability for any losses incurred by Nexus Funded.

12. Fees and Payments
    • You agree to pay all applicable fees for using our services as detailed on our website.
    • Fees are non-refundable, except under specific conditions: both demo phases must be passed, and the first withdrawal must be made after 14 days of the funded account being passed.
    • A commission of $3 per round lot traded will be applied and deducted automatically from your account.

13. Payment Methods
    • Various payment methods are available depending on your country or region.
    • Nexus Funded reserves the right to add or remove payment methods based on company needs and regulatory requirements.

14. Profit Sharing
    • Profits generated from trading activities will be shared between Nexus Funded and the trader, with 80% allocated to the trader and 20% to Nexus Funded.
    • Payouts will be processed according to the schedule and method outlined in your program agreement.
    • Withdrawals will be processed every 14 days. Traders must withdraw a minimum of 5% and 50% of their profits. After these withdrawals, 80% of the remaining profit will be allocated to the trader and 20% to Nexus Funded.

15. Risk Disclosure
    • Trading financial instruments involve significant risk and may result in the loss of all invested capital.
    • By using our services, you acknowledge and agree that you fully understand the risks involved in trading and are solely responsible for any losses incurred.
    • Nexus Funded Ltd exclusively provides demo accounts for all users participating in Challenges. All assets and trading activities conducted are entirely virtual. Please be aware that we do not offer CFD (Contract for Difference) challenges to residents of North Korea, the United States of America, and certain other regions.
    • All content and information on this website are intended solely for informational purposes and should not be construed as financial advice. Past performance is not indicative of future results. It is crucial to comprehend the risks involved in trading. If you are uncertain, it is strongly recommended that you consult an independent financial advisor.

16. Limitation of Liability
    • To the maximum extent permitted by law, Nexus Funded shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising from the use of our services.
    • We do not guarantee the accuracy, completeness, or timeliness of any information provided on our platform. You acknowledge that reliance on such information is at your own risk.

17. Termination
    • We reserve the right to terminate or suspend your account at our sole discretion, with or without notice, for any reason, including but not limited to breach of these Terms or suspected fraudulent activity.
    • You may terminate your account at any time by providing written notice to us. Upon termination, you must cease all use of our services.

18. Intellectual Property
    • All content, trademarks, and data on our platform are the property of Nexus Funded or its licensors and are protected by intellectual property laws.
    • You may not reproduce, distribute, or otherwise use any content from our platform without our prior written consent.

19. Privacy Policy
    • Our Privacy Policy outlines how we collect, use, and protect your personal information.
    • By using our services, you consent to collecting and using your information as described in our Privacy Policy.

20. Changes to Terms
    • We reserve the right to modify these Terms at any time. Any changes will be effective immediately upon posting on our website.
    • Your continued use of our services after any changes to the Terms constitutes your acceptance of those changes. It is your responsibility to review the Terms periodically for updates.

21. Governing Law
    • These Terms will be governed by and construed under the laws of Saint Lucia without regard to its conflict of law principles.

22. Dispute Resolution
    • Any disputes arising out of or in connection with these Terms or using our services will be resolved through binding arbitration under the rules of the relevant arbitration body. The arbitration will take place in Saint Lucia and be in English.
    • You agree to waive any right to participate in class actions, class arbitrations, or other representative proceedings.

By using our services, you acknowledge that you have read, understood, and agreed to these Terms of Use.

Updated on August 08, 2024.