Terms of Service

By accessing or using the Propeno platform, website, or any related services ("Services"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, do not use our Services.

These Terms constitute a legally binding agreement between you ("User," "Trader," or "you") and Propeno Trading Firm ("Propeno," "we," "us," or "our"). We reserve the right to update these Terms at any time. Continued use of the Services after changes constitutes acceptance of the revised Terms.

Propeno is a proprietary trading evaluation platform. We provide simulated and funded trading accounts for the purpose of evaluating trader performance. The Services include:

• Trading challenge/evaluation programs
• Funded account programs for qualifying traders
• Trading platform access and related tools
• Educational resources and support

Propeno is NOT a broker, investment adviser, financial institution, or regulated entity offering investment services to the public. We do not manage client funds for investment purposes. Challenge fees are paid for access to our evaluation program, not as an investment.

To use the Services, you must:

• Be at least 18 years of age
• Have the legal capacity to enter into a binding contract
• Not be a resident of a jurisdiction where access to such services is prohibited
• Not be using the Services on behalf of any entity in a sanctioned country

By using the Services, you represent and warrant that you meet all eligibility requirements.

The Propeno challenge is a performance evaluation in which traders must demonstrate consistent profitability and proper risk management. Participation in a challenge does not guarantee a funded account.

Challenge rules, including profit targets, drawdown limits, and time constraints, are clearly stated at the time of purchase and on the platform. Violation of any challenge rule may result in immediate termination of the challenge without refund.

Propeno reserves the right to modify challenge parameters, add new challenge types, or discontinue existing programs with reasonable notice.

Upon successfully passing the evaluation, qualified traders may receive access to a funded account. The funded account is Propeno's capital — the trader manages it on behalf of Propeno under the agreed profit-sharing arrangement.

Funded accounts are subject to risk management rules at all times. Breach of funded account rules will result in termination of the funded account. Propeno may terminate funded accounts at its sole discretion if it detects manipulation, abuse, or any prohibited activity.

Profit splits and payout schedules are specified in the program description at the time of purchase. Propeno reserves the right to adjust future profit split structures with 30 days' notice.

"News trading" refers to opening or holding positions during high-impact economic news events and the surrounding high-volatility windows.

• During the evaluation (challenge) phase: news trading is permitted and unrestricted. Profits and losses generated around news events are counted in full toward your challenge result.
• On funded accounts (after passing): a news-trading adjustment applies. Any profit realised from trades opened or held during a news-trading window is counted at 30% of its value for profit-share purposes, while any loss from such trades is deducted in full.

This policy protects the firm's capital from abnormal slippage and spikes during news while still allowing you to trade through these periods. The applicable instruments and event windows are published on the platform and may be updated with reasonable notice.

To demonstrate repeatable, sustainable performance — rather than a single high-risk trade — a consistency requirement applies:

• No single trade's profit may exceed 15% of your total profit at the time a challenge phase is completed.
• No single trading day's profit may exceed 40% of your total profit at the time a challenge phase is completed (the "best-day" limit).
• A similar consistency requirement may be applied to funded-account payouts.

These limits may be updated with reasonable notice. Breaches do not deactivate an account automatically; they are reviewed by our risk team and may — at the firm's discretion — lead to a delayed pass or payout, an adjustment or reduction of profits, a challenge reset, or account closure in severe cases.

A minimum number of active trading days is required before an evaluation phase can be marked as passed and before a first payout can be requested on a funded account.

• A "trading day" counts when at least one position is opened or closed on that calendar day (server time).
• The required number of days is stated for each program at the time of purchase.

This requirement exists to evaluate genuine, ongoing trading activity rather than a one-off result.

To keep capital allocated to active traders, an account that records no trading activity for a defined continuous period (the "inactivity period") may be deactivated or treated as breached.

The inactivity period is published on the platform. We recommend trading regularly to keep your evaluation or funded account in good standing.

In addition to the activities listed below in "Prohibited Activities," the following trading strategies are not permitted on evaluation or funded accounts. Profits generated using them may be voided and the account may be terminated:

• High-frequency trading, latency arbitrage, or tick scalping that exploits delays or gaps in the price feed
• Exploiting platform errors, mispriced quotes, off-market prices, or simulated-environment conditions
• Group hedging, reverse hedging, or coordinated opposite positions across accounts or between traders
• Copy trading or mirroring the same strategy across multiple accounts to multiply guaranteed outcomes
• Martingale, grid, or similar schemes designed to exploit the evaluation rather than demonstrate skill
• Trading designed solely to take advantage of guaranteed fills around high-impact news

Payouts on funded accounts are subject to the following, as specified for each program at the time of purchase:

• Profit split: the trader's share of profits is stated per plan and may be increased with eligible add-ons.
• First payout eligibility: available after the minimum trading days are met and a minimum profit has been reached.
• Payout cycle: the standard payout cycle is every 21 days. It can be shortened to weekly (every 7 days) by purchasing the Weekly Payout add-on at checkout.
• Minimum withdrawal: a minimum withdrawable amount may apply.
• Verification: identity verification (KYC) must be completed before any payout is released.

Propeno may withhold, delay, or deny any payout that is found to result from a breach of these Terms, a violation of the trading rules, or prohibited activity.

Challenge fees are one-time, non-recurring payments that grant access to the evaluation program. All fees are clearly displayed before purchase. By purchasing a challenge, you agree to pay the stated fee.

All payments are processed via accepted payment methods listed on the platform. Propeno does not store payment credentials. You are responsible for any transaction fees charged by your payment provider.

Please review our Refund and Cancellation Policy before making any purchase.

The following activities are strictly prohibited and may result in immediate account termination and forfeiture of any profit share:

• Reverse engineering, copying, or attempting to replicate Propeno's technology or systems
• Using automated systems or bots to manipulate evaluation results artificially
• Coordinating trades across multiple accounts to manipulate outcomes ("account stacking")
• Providing false information during registration or KYC
• Sharing account credentials with third parties
• Engaging in any form of market manipulation
• Using the platform for money laundering or other illegal purposes

All content on the Propeno platform, including but not limited to text, graphics, logos, software, tools, and data, is the property of Propeno or its licensors and is protected by applicable intellectual property laws.

You are granted a limited, non-exclusive, non-transferable licence to use the Services for your personal, non-commercial trading evaluation purposes. You may not reproduce, distribute, or create derivative works without prior written consent.

THE SERVICES ARE PROVIDED "AS IS" WITHOUT WARRANTIES OF ANY KIND. PROPENO MAKES NO REPRESENTATIONS THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, OR FREE OF HARMFUL COMPONENTS.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, PROPENO SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOST PROFITS, ARISING FROM YOUR USE OF THE SERVICES.

Trading involves substantial risk of loss. Past performance of any trader or strategy is not indicative of future results. See our Risk Disclaimer for full details.

Your use of the Services is also governed by our Privacy Policy, which is incorporated into these Terms by reference. By using the Services, you consent to the collection and use of information as described in the Privacy Policy.

Propeno may suspend or terminate your access to the Services at any time, with or without cause, and with or without notice, if we determine that you have violated these Terms or applicable law.

You may terminate your account at any time by contacting our support team. Termination does not entitle you to a refund of any fees paid unless otherwise specified in our Refund Policy.

These Terms shall be governed by and construed in accordance with applicable laws. Any disputes arising from or relating to these Terms or the Services shall be resolved through binding arbitration, except where prohibited by law.

You agree to attempt informal resolution of any dispute by contacting us at support@propeno.com before initiating formal proceedings.

If you have questions about these Terms, please contact us:

Email: support@propeno.com