Terms of Use

Welcome to Boer Funded! These Terms of Use (“Terms”) govern your access to and use of our services, including purchasing subscription plans, participating in our trading challenges, and utilizing our funded trader programs. By making a purchase or using our services, you agree to comply with and be bound by these Terms. Please read them carefully before proceeding.

Table of Contents

1. Introduction
2. Acceptance of Terms
3. Eligibility and Evaluation Process
   • Evaluation Process Overview
   • Phase 1: BoerFunded Challenge
   • Phase 2: BoerFunded Verification
   • Phase 3: BoerFunded Funded Trader
4. Trading Rules
   • Consistency Rule
   • Daily Drawdown Policy
   • Prohibited Trading Strategies
   • Allowed Trading Strategies
   • Copy Trading
   • Expert Advisors (EAs)
   • Weekend Trading
   • Risk Management Rules
   • Allowed Trading Pairs
5. Orders & Billing
   • Ordering Process
   • Billing Information
   • Payment Methods
   • Invoices
   • Boer Funded Payout Processing
6. Política de reembolso
7. Account Management
8. Prohibited Activities
9. Modifications to Terms
10. Dispute Resolution
11. Contact Information
12. Miscellaneous

Introduction

Welcome to Boer Funded (“we,” “our,” or “us”). We provide a platform for traders to access funded trading accounts, enabling them to trade with our capital under specific rules and guidelines. These Terms outline the rules and criteria you must accept and adhere to before making any purchases or utilizing our services.

Acceptance of Terms

By accessing or using any of our services, including purchasing subscription or challenge plans on boerfunded.com, you agree to be bound by these Terms. If you do not agree with any part of these Terms, you must refrain from using our services.

Eligibility and Evaluation Process

To become a funded trader with Boer Funded, you must undergo a rigorous evaluation process designed to assess your trading skills and risk management capabilities. Below are the detailed phases and criteria you must meet to qualify.

Evaluation Process Overview

Our evaluation process consists of three phases:

1. Phase 1: BoerFunded Challenge
2. Phase 2: BoerFunded Verification
3. Phase 3: BoerFunded Funded Trader

Each phase assesses different aspects of your trading performance to ensure you meet our standards for risk management and profitability.

Phase 1: BoerFunded Challenge

The initial phase aims to evaluate your ability to trade responsibly and manage risks effectively. This phase involves trading on a demo account with unlimited time to meet the set criteria.

Criteria to Advance to Phase 2:

• Profit Target: Achieve an 8% profit.
• Minimum Trading Days: Execute trades on at least 5 trading days.
• Maximum Daily Drawdown: Do not exceed a 5% loss on any single trading day.
• Maximum Overall Drawdown: Do not exceed a 10% total loss.

Additional Conditions:

• Inactivity: Maintain an active trading presence. Inactivity exceeding two months without executing any trades is not permitted. Traders may execute one trade per month during inactive periods to maintain engagement.

Outcome: Upon meeting these targets, you will advance to Phase 2: Verification.

Phase 2: BoerFunded Verification

In this phase, you demonstrate consistent profitability without time constraints on a demo account. The focus is on maintaining steady performance and adhering to stricter consistency rules.

Criteria to Advance to Phase 3:

• Profit Target: Achieve a 6% profit.
• Minimum Trading Days: Execute trades on at least 5 trading days.
• Maximum Daily Drawdown: Do not exceed a 5% loss on any single trading day.
• Maximum Overall Drawdown: Do not exceed a 10% total loss.
• Consistency Rule: Ensure that your best trading day’s profit does not exceed 60% of your total profit.

Outcome: Upon satisfying these requirements, you will proceed to Phase 3: BoerFunded Funded Trader after completing the verification process, which includes providing proof of identification and address.

Phase 3: Boer Funded Funded Trader

This final phase involves trading with a funded account provided by Boer Funded, under real market conditions and with full risk management oversight.

General Rules:

• Consistency Rule: Maintain that your best trading day’s profit does not exceed 40% of your total profit.
• Active Trading: Execute at least 1 active trading day every week.
• Payouts: Payouts are processed bi-monthly on the 15th and 30th of each month.

Scaling Opportunities: Achieve consecutive 6% profit for 3 months to increase your account balance by 25%. Scaling can reach up to $2 million based on performance.

Additional Conditions:

• Copy Trading: Allowed under specific guidelines.
• Use of EAs: Permitted with restrictions outlined in our trading rules.
• Weekend Trading: Available via an add-on option.

Outcome: As a funded trader, you will trade with our capital and earn an 80/20 profit share in your favor.

Trading Rules

Adherence to our trading rules is mandatory to maintain your funded status and ensure a fair trading environment.

Consistency Rule

The Consistency Rule is designed to promote steady and sustainable profits while managing risk effectively.

• Phase 3 (Funded Trader) Requirement: Your best trading day’s profit must not exceed 40% of your total profit.
• Calculation: \text{Best Day Profit} \div \text{Overall Profit} = \text{Best Day % of Total Profit}
• Examples:
  • $25,000 Account: Best day profit < $800 (40% of $2,000)
  • $50,000 Account: Best day profit < $1,600 (40% of $4,000)
  • $100,000 Account: Best day profit < $3,200 (40% of $8,000)
  • $150,000 Account: Best day profit < $4,800 (40% of $12,000)
  • $200,000 Account: Best day profit < $6,400 (40% of $16,000)

Note: The Consistency Rule does not apply in negative profit/loss scenarios.

Daily Drawdown Policy

Manage your equity with precision to prevent excessive losses.

• Maximum Daily Drawdown: 5% of your starting equity each trading day.
• Calculation: Based on equity at 00:00 GMT+3 server time.
• Example:
  • $200,000 Account: Maximum daily loss = $10,000
  • $100,000 Account: If you lose $4,999, your new equity is $95,001, setting the next day’s maximum loss to $4,750.05.

Policy Enforcement: Violating the Daily Drawdown rule results in the loss of your Trading Account. This rule applies uniformly across all phases.

Prohibited Trading Strategies

To maintain integrity and fairness, certain trading strategies are strictly prohibited:

• Grid Trading
• High-Frequency Trading (HFT)
• Martingale Trading
• Arbitrage Bots (Reverse, Latency, Hedge Arbitrage)
• Tick Scalping
• Simultaneously Opening Opposite Positions on Different Accounts
• Strategies Misaligned with Live Trading Conditions

Consequences: Engaging in prohibited strategies will lead to immediate account suspension and forfeiture of all remuneration.

Allowed Trading Strategies

Any trading strategy that complies with our trading rules and does not fall under the prohibited category is allowed. Traders are encouraged to develop and utilize strategies that promote consistent profitability and sound risk management.

Copy Trading

Copy trading is permitted under the following conditions:

• Allowed Scenarios:
  • Between Boer Funded accounts.
  • From Funded to Evaluation accounts and vice versa.
  • Between Boer Funded accounts and external trading accounts.
• Restrictions:
  • Only copy trading from accounts legally bound to the account holder.
  • Ensure compliance with all other trading rules.

Expert Advisors (EAs)

Traders may use Expert Advisors (EAs) by selecting the dedicated add-on option during checkout.

Guidelines:

• Allowed: EAs that comply with our trading rules.
• Prohibited: EAs engaging in Grid Trading, HFT, Martingale, Arbitrage Bots, Tick Scalping, or any strategies listed under prohibited trading strategies.

Requirement: Opt for the EA Add-On during the checkout process to use EAs. EAs are accessible exclusively at the time of purchase.

Weekend Trading

Weekend trading is not available by default. To trade during weekends:

• Add-On Option: Choose the Weekend Trading Add-On during checkout.
• Challenges: Participate in specific challenges that allow holding positions over weekends.

Risk Management Rules

• Maximum Lot Size: 10 lots.
• Maximum Open Positions: 50 open positions and pending orders simultaneously.

Allowed Trading Pairs

Traders are permitted to trade the following asset classes:

• Commodities
• Cryptocurrencies
• Forex
• Indexes
• Metals

Orders & Billing

Managing your orders and billing information is essential for a seamless experience with Boer Funded. Below are the processes and options available.

Ordering Process

Placing an order with Boer Funded is straightforward:

1. Sign Up: Create an account on boerfunded.com.
2. Choose a Plan: Select the subscription plan or challenge plan that best fits your needs.
3. Provide Details: Enter any required information, such as account details.
4. Review & Confirm: Check your order summary and confirm your purchase. Use any applicable coupons.
5. Access Services: Once your order is confirmed, you’ll gain immediate access to our technology and resources.

Billing Information

Your billing information is securely stored and managed to ensure smooth transactions. We adhere to industry-standard security practices to protect your data.

• Billing Cycle: Depending on your chosen plan, billing can be one-time or monthly.
• Automatic Renewals: Unless canceled, your subscription will automatically renew at the end of each billing cycle.
• Billing Address: Ensure your billing address is up-to-date to avoid any payment issues.

Payment Methods

We offer a variety of payment options to accommodate your preferences:

• Credit/Debit Cards: Visa, MasterCard, American Express
• Cryptocurrencies: Bitcoin, Ethereum (if applicable)

Invoices

Accessing your invoices is simple:

1. Log In: Sign into your Boer Funded account.
2. Navigate to Billing: Go to the “Billing” section in your account dashboard.
3. View Invoices: Click on “Invoices” to see a list of all your transactions.
4. Download/Print: You can download or print your invoices for your records.

Boer Funded Payout Processing

Refundable Fee and Refund Process

• One-Time Fees: All account options (e.g., Two Phase, One Phase, Quick) have one-time fees covering potential losses and operational expenses.
• Refund Eligibility: Upon withdrawing your first profit split from the Funded Program, the initial Phase 1 fee will be refunded to your chosen payout method.
• Conditions for Refund:
  • Successful completion of all requisite challenges.
  • Eligibility for the first initial payout.

Note: The refundable fee is processed only upon achieving fully funded trader status.

Number of Accounts

• Evaluation and Verification Stages: No limit on the number of accounts.
• Funded Trader Stage: Maximum capital allocation of $400,000 (or equivalent in other currencies) per trader or strategy at any given time.
• Currency Equivalents:
  • €320,000
  • £280,000
  • CAD 480,000
  • AUD 520,000
  • CHF 320,000
  • CZK 8,000,000

Restrictions:

• Avoid multiple accounts through various registrations.
• Exceeding the capital allocation limit may result in account suspension.

Merging Accounts:

• Conditions for merging multiple accounts into a single master account:
  • Each account must be at least at its initial balance.
  • No account is in drawdown.
  • No profit is due for your Profit Split.
  • All accounts have the same risk setup.
  • All accounts are in the same base currency.

Payout Methods

• Cycle: Bi-monthly payouts on the 15th and 30th of each month.
• Processing: Payouts are processed over the weekend for timely delivery.
• Methods:
  • Crypto Payouts: Primarily via USDT ERC20.
  • Bank Transfers: For clients in the US or UK.
• Future Enhancements: We are developing additional withdrawal options for increased convenience.
• No Withdrawal Commissions: We do not charge any commissions for withdrawals.

Withdrawal Timing

• Eligibility: After your first position is opened on a funded account.
• Notifications: Payout notifications are sent via email.

Política de reembolso

At Boer Funded, we are committed to providing exceptional services and ensuring your satisfaction. If you are not entirely happy with your purchase, we offer a comprehensive refund policy to address your concerns. Please read the following terms carefully to understand your rights and our obligations.

1. Eligibility for Refunds

1.1. General Refund Eligibility

• Time Frame: Refund requests must be submitted within 14 days of your initial purchase or subscription activation.
• Unused Services: Refunds are applicable only for services that have not been utilized or consumed. If you have accessed or used any part of the service, the refund will be fully denied based on the extent of usage.

1.2. Subscription Plans

• Any of our subscription or challenge plans: Eligible for a full refund if requested within 14 days of purchase and no significant usage has occurred.

1.3. One-Time Purchases

• Training Materials and Resources: Refunds are available within 14 days if the materials are unused and unopened.
• Customized Services: Refunds for customized or bespoke services are evaluated on a case-by-case basis and will be non-refundable.

2. Non-Refundable Items

Certain items and services are non-refundable, including but not limited to:

• Customized Addons: Any services tailored specifically to your requirements.
• Digital Downloads: Once downloaded, digital products cannot be refunded.
• Extended Subscriptions: Upgrades or extensions to existing subscriptions beyond the original purchase.
• Promotional Offers: Services acquired through promotional discounts or special offers.

3. Refund Process

3.1. How to Request a Refund

To initiate a refund, please follow these steps:

1. Contact Support: Email us at support@boerfunded.com with the subject line “Refund Request”.
2. Provide Details: Include your order number, the date of purchase, the service or product you wish to refund, and the reason for the refund request.
3. Wait for Confirmation: Our support team will review your request and respond within 5 business days with the next steps.

3.2. Verification

• We may require additional information to process your refund request, such as proof of purchase or evidence of service usage.
• Refund requests that do not comply with our policy may be denied.

3.3. Approval and Processing

• Once your refund is approved, we will process it using the original payment method.
• Processing Time: Refunds are typically processed within 7-10 business days after approval. Please note that it may take additional time for the refund to appear on your account, depending on your bank or payment provider.

4. Cancellation of Subscriptions

However our tech needs to have any cancellation for our one time fee products and or services. This only applies for our monthly subscription plans. You may cancel your subscription at any time through your account dashboard. However, cancellations do not automatically trigger a refund unless within the 14-day eligibility period and meeting the refund criteria outlined above.

5.1. How to Cancel

1. Log In: Access your Boer Funded account at boerfunded.com.
2. Navigate to Billing: Go to the “Billing” section in your account settings.
3. Cancel Subscription: Select the option to cancel your current subscription plan.
4. Confirmation: You will receive a confirmation email once your subscription has been successfully canceled.

5. Exceptions and Special Circumstances

• Force Majeure: Refunds may be denied in cases of force majeure events, including natural disasters, war, or other events beyond our control.
• Legal Requirements: Refunds will be processed in accordance with applicable laws and regulations. In jurisdictions where certain non-refundable terms are prohibited, these terms will be adjusted to comply with local laws.

6. Dispute Resolution

If you disagree with our refund decision, you may:

• Contáctenos: Reach out to our support team at support@boerfunded.com for further clarification or to provide additional information.
• Seek Mediation: Engage in mediation or alternative dispute resolution methods as mutually agreed upon.

7. Changes to the Refund Policy

We reserve the right to modify this refund policy at any time. Any changes will be effective immediately upon posting on our website. We encourage you to review this policy periodically to stay informed about our refund practices.

9. Contact Information

If you have any questions or need assistance regarding our refund policy, please contact our support team:

• Email: support@boerfunded.com
• Live Chat: Available 24/7 on our website

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Account Management

How Long Can I Be Inactive on a Trading Account?

While you enjoy the flexibility of unlimited trading days, it is imperative to maintain an active trading presence. Extended periods of inactivity exceeding two months without executing any trades are not in alignment with our policies. However, you retain the freedom to execute trades within a monthly time frame, allowing for one trade per month. This ensures a consistent and engaged approach to trading while maximizing the benefits of unlimited trading days.

In Case of Inactivity: If you encounter any issues or foresee extended inactivity, please contact us promptly at support@boerfunded.com.

Prohibited Activities

To maintain a fair and secure trading environment, the following activities are strictly prohibited:

• Changing Trading Platform Password: Unauthorized changes to your trading platform password will result in immediate account suspension.
• Managing Others’s Accounts: Managing accounts not legally bound to you, identified by personal information such as full name and address, is prohibited.
• Exceeding Maximum Capital Allocation: Maintaining active Boer Funded accounts exceeding the $400,000 (or equivalent) limit per trader or strategy.
• Using Multiple Accounts: Creating multiple accounts through various registrations to bypass limitations will result in account suspension.
• Violating Trading Rules: Engaging in any prohibited trading strategies or violating our trading rules outlined above.

Modifications to Terms

We reserve the right to modify these Terms at any time. Any changes will be effective immediately upon posting on our website. Continued use of our services after such changes constitutes your acceptance of the new Terms.

Dispute Resolution

In the event of any disputes arising from these Terms or your use of our services, the following procedures apply:

1. Contact Support: Attempt to resolve the issue by contacting our support team at support@boerfunded.com.
2. Mediation: If unresolved, engage in mediation or alternative dispute resolution methods as mutually agreed upon.

Contact Information

For any questions, concerns, or assistance regarding these Terms or our services, please contact us:

• Email: support@boerfunded.com
• Live Chat: Available 24/7 on our website

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Miscellaneous

• Governing Law: These Terms are governed by the laws of the jurisdiction in which Boer Funded operates.
• Severability: If any provision of these Terms is found to be unenforceable, the remaining provisions will remain in effect.
• Entire Agreement: These Terms constitute the entire agreement between you and Boer Funded regarding the use of our services.