These Terms of Use ("Terms") govern your access to and use of the Prop Star platform and its associated services (collectively, the "Services"). By accessing or using the Services, you acknowledge 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 are expressly prohibited from using the Services. Your continued use of the Services constitutes your acceptance of any changes or revisions to these Terms.
1. General Provisions
Prop Star is a simulated trading platform designed exclusively for educational and skill development purposes. It provides users with a realistic, yet simulated, trading environment to practice and refine their trading strategies without risking real capital. Prop Star is not an income-generating tool, an investment platform, or a means to achieve financial returns through real trading activities. All trading activities on the Prop Star platform are purely hypothetical and do not involve the exchange of actual financial instruments or real money. The primary objective of Prop Star is to offer a robust learning experience and to assess a trader's ability to manage risk and generate consistent hypothetical profits in a controlled environment.
To access certain features of our Services, you may be required to create an account. You agree to provide accurate and complete information during the registration process and to keep your account information updated. You must be at least 18 years old to use our Services. By using our Services, you warrant that you are of legal age and capacity to enter into a binding contract with us.
2. User Obligations & Restrictions
You agree to use our Services in compliance with all applicable laws and regulations. You are solely responsible for your conduct and any content you submit, post, or display on our platform. To maintain a fair and equitable simulated trading environment, the following practices are strictly prohibited on the Prop Star platform. Engagement in any of these activities will result in immediate disqualification from challenges, forfeiture of any accrued hypothetical profits, and potential suspension or termination of the user's account, at the sole discretion of Prop Star:
- Trade Copying: The act of replicating trades from other individuals, services, or signals, whether manual or automated.
- Hedging: Opening opposing positions on the same or correlated assets within the same or different Prop Star accounts to mitigate risk or exploit platform rules.
- Multi-Account Hedging: Using multiple Prop Star accounts, whether directly or indirectly controlled by the same individual or group, to open opposing positions or otherwise circumvent risk management rules.
- Use of Trading Bots or Signals: Employing automated trading systems (Expert Advisors, scripts, etc.) or relying on external trading signals to execute trades. All trading activity must be manual and based on the individual's own analysis and decision-making.
Automated Trading Systems (EAs) are strictly prohibited on funded demo accounts. Any detection of such systems will result in immediate account closure, without exception. Copying trades or strategies of other traders without proper authorization, including group trading, funded account management services, or using the same EA across multiple accounts, maxing out account leverage, leaving positions open until hitting profit targets with no trade management, or hedging across accounts, is strictly forbidden. We detect violations, such as the use of funded account management services, by monitoring for IP addresses. We allow IP addresses from the same country specified by the trader during their KYC process, but IP addresses from different countries are prohibited.
Payouts for successful simulated trading performance on 'Funded' accounts are contingent upon and sourced exclusively from funds generated by users who fail their challenges on the Prop Star platform. In instances where the available funds from unsuccessful challenge attempts are insufficient to cover all eligible payouts, such payouts will automatically enter a payout queue. Payouts in the queue will be processed in the order they were incurred, once adequate funds have been collected from subsequent unsuccessful challenge attempts. Prop Star will make reasonable efforts to process payouts in a timely manner; however, the processing time is directly dependent on the replenishment of the payout pool. Users acknowledge and agree that delays in payouts may occur due to the nature of this funding mechanism. Prior to any payouts being distributed from the pooled funds generated by unsuccessful challenge attempts, Prop Star will deduct all operational expenses and user acquisition costs.
To ensure the long-term sustainability and integrity of the Prop Star platform, a maximum of 3% of eligible traders per month will qualify for payouts. This limitation is a fundamental aspect of Prop Star's economic model and is designed to manage the outflow of funds in a controlled and predictable manner. This limitation may be adjusted by Prop Star at its sole discretion, with prior notice to users, to adapt to market conditions or platform sustainability requirements.
For all 'Funded' accounts, a maximum profit limit of 12% relative to the trader's chosen package size is enforced. Once a trader reaches this profit cap, their eligibility for further payouts from that specific 'Funded' account will be paused until the next evaluation period or a new challenge is undertaken. This profit cap is implemented to promote realistic trading expectations, encourage consistent performance over aggressive risk-taking, and contribute to the overall sustainability of the payout mechanism.
Initiating a chargeback after placing at least one trade on your account is considered fraudulent and illegal. By using our services, you agree that chargebacks are only permitted in cases of unauthorized transactions (e.g. stolen card) or proven non-delivery of service - and only after contacting our support to try to resolve the issue. Any unjustified chargeback will result in immediate suspension or termination of all accounts and services, a formal dispute filed with your payment provider, including all usage evidence, legal action to recover losses, including fees, damages, and administrative costs, and reporting to financial institutions and authorities for fraudulent activity. We strongly encourage all users to reach out to support before taking any such action.
3. Intellectual Property
The content, features, and functionality of the Services, including but not limited to all information, software, text, displays, images, video, and audio, and the design, selection, and arrangement thereof, are owned by Prop Star, its licensors, or other providers of such material and are protected by copyright, trademark, patent, trade secret, and other intellectual property or proprietary rights laws. You may not modify, reproduce, distribute, create derivative works of, publicly display, publicly perform, republish, download, store, or transmit any of the material on our Services, except as generally and ordinarily permitted through the Services according to these Terms. Any unauthorized use of the Services may violate copyright, trademark, and other laws.
Prop Star retains all rights, title, and interest in and to the Services, including all intellectual property rights therein. These Terms do not grant you any rights to use any Prop Star trademarks, logos, or service marks. You acknowledge and agree that you do not acquire any ownership rights in the Services by using them.
Regarding user-generated material, you retain all ownership rights in any content you submit, post, or display on or through the Services. By submitting, posting, or displaying content, you grant Prop Star a worldwide, non-exclusive, royalty-free, transferable license to use, reproduce, distribute, prepare derivative works of, display, and perform that content in connection with the Services and Prop Star's (and its successors' and affiliates') business, including without limitation for promoting and redistributing part or all of the Services (and derivative works thereof) in any media formats and through any media channels. You also grant each user of the Services a non-exclusive license to access your content through the Services, and to use, reproduce, distribute, display, and perform such content as permitted through the functionality of the Services and under these Terms.
4. Limitation of Liability
To the fullest extent permitted by law, Prop Star, its affiliates, officers, directors, employees, agents, suppliers, or licensors shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the Services; (ii) any conduct or content of any third party on the Services; (iii) any content obtained from the Services; and (iv) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed of its essential purpose.
Prop Star provides the Services on an "AS IS" and "AS AVAILABLE" basis. We do not warrant that the Services will be uninterrupted, secure, or error-free. We do not make any warranties or representations regarding the use of the materials in the Services in terms of their correctness, accuracy, adequacy, usefulness, timeliness, reliability, or otherwise. You acknowledge that your use of the Services is at your sole risk.
Prop Star is not responsible for any third-party content, services, or websites linked to or from the Services. Your interactions with third parties found on or through the Services are solely between you and such third parties. Prop Star shall not be liable for any loss or damage of any sort incurred as a result of any such interactions.
5. Termination & Suspension
We reserve the right to terminate or suspend your access to our Services at any time, without prior notice or liability, for any reason whatsoever, including without limitation if you breach these Terms. Upon termination, your right to use the Services will immediately cease. If you wish to terminate your account, you may simply discontinue using the Services. All provisions of the Terms which by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity, and limitations of liability.
Prop Star may also suspend or terminate your account and access to the Services if you engage in any prohibited practices as outlined in these Terms, including but not limited to Trade Copying, Hedging, Multi-Account Hedging, or the Use of Trading Bots or Signals. Any such termination or suspension may result in the forfeiture of any accrued hypothetical profits and immediate disqualification from challenges, at the sole discretion of Prop Star.
6. Amendments
Prop Star reserves the right to update or modify these Terms at any time without prior notice. Any changes will be effective immediately upon posting on the Prop Star website or platform. Your continued use of the Prop Star platform after any such modifications constitutes your acceptance of the revised Terms. It is your responsibility to regularly review these Terms to stay informed of any updates.
7. Contact Information
If you have any questions about these Terms, please contact us at support@prop-star.ai
