Terms andConditions
Terms and Conditions
Introduction:
The following Terms and Conditions (hereinafter the “T&Cs”, “Terms”) outline the relationship between you (hereinafter the “client”, “you”) and Funded7 (F7) (hereinafter the “Company”, “Funded7”, “F7”, “Provider”) represented by ICHIBAN TECH LTD, a company duly registered in the Republic of Cyprus with registration number HE 470329 and SUCCESSIO LTD, a company duly registered in the Republic of Seychelles with registration number 245758.
By purchasing a challenge, the Client enters into a digital contractual agreement, granting them access to the Company’s platform for the purpose of completing a Challenge (referred to as the “Evaluation,” “Challenge,” or “Services”). These Services are available through the Company’s official website (hereinafter the “Website”). By purchasing a Challenge, Clients acknowledge and accept the Terms and Conditions set forth by the Company. If a Client does not agree with these Terms and Conditions, they should refrain from purchasing or accessing the Challenge. Accessing the platform or participating in a Challenge signifies the Client’s acceptance of these Terms of Service, along with any other applicable policies, terms, and conditions referenced herein or available on the Website. Clients who do not agree to any part of this Agreement are prohibited from using the Website or its Services. If these Terms of Service are considered an offer, acceptance is strictly limited to the provisions outlined herein. The Services are only available to individuals who are at least 18 years old and reside in jurisdictions where such Services are legally permitted. These Terms apply to all users of the platform, including but not limited to browsers, vendors, customers, merchants, and content creators. Clients are advised to review these Terms and Conditions carefully before making any purchase, accessing, or using the Website.
The most up-to-date version of the Terms and Conditions is always available on this page. We reserve the right to update, modify, or replace any part of these Terms and Conditions by making changes to our website at any time, without prior notice. It is the Client’s responsibility to regularly check this page for any updates. By continuing to use or access the website after any changes have been posted, the Client acknowledges and accepts the revised Terms and Conditions.
NOTICE TO CLIENTS:
FUNDED7 IS NOT LICENSED TO OFFER INVESTMENT SERVICES AND DOES NOT ENGAGE IN SUCH ACTIVITIES. THE COMPANY DOES NOT ACCEPT CLIENT FUNDS, NOR DOES IT FUNCTION AS A BROKER OR FACILITATE TRANSACTIONS FOR FINANCIAL SERVICES. NONE OF THE SERVICES OFFERED BY THE COMPANY TO CLIENTS QUALIFY AS INVESTMENT SERVICES. THE COMPANY DOES NOT PROVIDE ANY ADVICE, GUIDANCE, OR INFORMATION REGARDING TRADE EXECUTION OR INVESTMENT INSTRUMENTS, WHETHER THROUGH ITS SERVICES OR OTHERWISE. ADDITIONALLY, THE COMPANY DOES NOT ACCEPT ANY TRADING INSTRUCTIONS OR RECOMMENDATIONS FROM CLIENTS. THE SERVICES PROVIDED, INCLUDING ANY MATERIAL OR COMMUNICATION, SHOULD NOT BE CONSTRUED AS INVESTMENT ADVICE. EMPLOYEES, REPRESENTATIVES, AND STAFF OF THE COMPANY ARE NOT AUTHORIZED TO GIVE INVESTMENT ADVICE OR MAKE RECOMMENDATIONS. IF ANY STATEMENT FROM COMPANY PERSONNEL IS PERCEIVED AS INVESTMENT ADVICE, THE COMPANY EXPRESSLY DISCLAIMS SUCH INTERPRETATION AND ACCEPTS NO LIABILITY FOR IT.
We reserve the right to allow third parties temporary access to our infrastructure for maintenance purposes related to our website, database, or other system components. Such access is strictly monitored and will be revoked once the maintenance work is completed.
Terms of Use:
Clients are required to pay a registration fee to gain access to Funded7’s platform, tools, and services. Once the service has commenced (i.e., the Client has initiated trading) or if the Client fails to successfully complete the evaluation process, the registration fee will not be refunded. ALL PAYMENTS ARE FINAL AND SOLELY INTENDED FOR PARTICIPATION IN CHALLENGE EVALUATIONS.
Provision 1 – Fair use and Restrictions
By accepting these Terms of Service, the Client confirms that they meet the legal age requirements in their respective state or region of residence. As a condition for using the Services, the Client must not engage in any unlawful or unauthorized activities, including but not limited to copyright infringement. Any breach of these Terms will result in immediate termination of the Client’s access to the Services.
The Provider reserves the right to deny service to any individual at its sole discretion, at any time, and for any reason. The Client acknowledges that while non-sensitive data (excluding credit card details) may be transmitted across networks in an unencrypted format, adjustments may be made to ensure compatibility with various networks or devices. However, credit card information is always encrypted during transmission.
Unless explicitly authorized in writing by the Provider, the Client agrees not to reproduce, duplicate, copy, sell, resell, or misuse any portion of the Service, access to the Service, or interactions on the Website through which the Service is offered. Any headings included in this agreement are for reference purposes only and do not alter or influence the interpretation of these Terms and Conditions.
Evaluation Limits – You are permitted to purchase and participate in only one evaluation of a specific account size and a specific plan type at a time, regardless of trading platform. You can have one 100k One Phase Challenge and one 100k Two Phase Challenge active, simultaneously. However, you cannot have one 100k One Phase Challenge on DXtrade and another 100k One Phase Challenge, regardless of platform. The limits of plans or funded accounts are determined by the Company and may be adjusted periodically to account for various aggregate or individualized risk scenarios.
Maximum Allocation Limits – A maximum of $1 million in active evaluation or funded plans per person is permitted. This can be composed of multiple assessments or funded accounts.
Provision 2 – Client Acknowledgement
The Client acknowledges that the services and content are provided “as is” with all imperfections, flaws, or potential deficiencies, and that the utilization of such services and content is solely at the Client’s own risk. While the Provider strives to ensure that all information is accurate and up-to-date, it acknowledges that technology may have inherent limitations. Consequently, the Client accepts these potential limitations and agrees to use the services with this understanding. To the fullest extent permitted by applicable law, the Provider disclaims all warranties, whether statutory, express, implied, or otherwise, including, but not limited to, any warranties of merchantability, fitness for a particular purpose, or non-infringement of rights.
Provision 3 – Service Fees and Pricing
Product prices may change at any time without prior notice. The Provider reserves the right to modify, suspend, or discontinue the Service (including any accounts, features, or content) at its sole discretion, without prior notification. The Provider is not responsible for any changes in pricing, service modifications, suspensions, or terminations that may impact the Client or any third party. The Provider retains the right—but is not obligated—to limit the sale of products or services to any person, geographic region, or jurisdiction, at its own discretion. Additionally, the Provider may impose restrictions on the quantity of products or services available for purchase. Product descriptions and pricing are subject to change at any time, without prior notice, solely at the Provider’s discretion. Furthermore, the Provider reserves the right to discontinue any product or service at any time. Any product or service offer presented on this website is void where prohibited by law. The Company does not warrant that the quality of any product, service, information, or material obtained by the Client will meet their expectations, nor does it guarantee that any errors or defects in the Service will be corrected.
Provision 4 – Identification during Purchases and Payouts
The Company reserves the right to reject or cancel any order at its sole discretion. In certain cases, limitations may be placed on the quantity of items purchased per person, household, or order. These restrictions may apply to orders associated with the same Client account, payment method, billing address, or shipping address. If any modifications or cancellations occur, the Company will attempt to notify the Client via the email or billing details provided at the time of purchase. Additionally, the Company reserves the right to restrict or prohibit orders that, in its judgment, appear to be placed by resellers, distributors, or unauthorized third parties. The Client is responsible for providing accurate, complete, and up-to-date information for all purchases and account-related details. This includes ensuring that contact information, payment details, and billing credentials remain current to facilitate successful transactions and communications from the Company.
Provision 5 – External Links and Third-Party Redirections
The content, products, and services available through the Company’s website and platform may contain materials sourced from third parties. Links to third-party websites on the Company’s site may lead the Client to websites that are not affiliated with the Company. The Company is not responsible for reviewing or evaluating the content or accuracy of third-party materials, and it does not guarantee or assume any liability for such materials or websites, nor for any other materials, products, or services provided by third parties.
The Company assumes no liability for any losses or damages arising from the purchase or use of goods, services, resources, content, or any other transactions conducted through third-party websites. Clients are encouraged to carefully review the policies and practices of third parties before engaging in any transactions to ensure their understanding. Any complaints, claims, concerns, or questions regarding third-party products should be directed to the third party.
Provision 6 – Know Your Customer (KYC)
Funded7 reserves the right to implement robust and comprehensive procedures in accordance with legal and regulatory requirements pertaining to Know Your Customer (KYC), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD).
6.1. Know Your Customer (KYC):
The objectives of the Know Your Customer (KYC) and Enhanced Due Diligence (EDD) procedures are as follows:
To collect sufficient information and documentation to identify the Client.
To comprehend the intended nature and objectives of the Clients’ activities, including the strategies to be utilized and the level of financial market expertise to be evaluated.
To conduct continuous monitoring of trading activities to verify their alignment with the Counterparty’s declared trading strategy, risk appetite, and financial capabilities.
6.2. Customer Due Diligence (CDD):
Customer Due Diligence (CDD) is an essential component for initiating and sustaining relationships with Counterparties. The CDD protocol stipulates:
Identification and verification of the Counterparty’s identity using reliable documents.
Assessment of risks associated with the Counterparty based on various factors.
Monitoring and analyzing the Counterparty’s trading activities for unusual or suspicious activity.
6.3. Enhanced Due Diligence (EDD):
Enhanced Due Diligence (EDD) measures may be implemented for certain clients based on various risk factors, including but not limited to their profile, the nature of their transactions, and their business relationships. As part of EDD, additional verification may be required beyond standard Know Your Customer (KYC) documentation. This may involve requesting supplementary documents such as recent utility bills, bank statements, or other official records to further confirm the client’s identity and the accuracy of the information provided during the onboarding process. A comprehensive review may be conducted to assess the client’s intended use of the Company’s products or services. Further analysis may be undertaken to evaluate the client’s business activities and the extent of their involvement in high-risk industries or jurisdictions. Additionally, the Company may continuously monitor the client’s trading activity to ensure compliance with established guidelines and risk management parameters.
6.4. Specific documents:
Required documents may include a valid form of photo identification, such as a National ID, Passport, or Driver’s License, along with any other relevant documentation necessary for verification. The Company reserves the right to reject or terminate any business relationship with a client if the requirements of Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), or Know Your Customer (KYC) are not sufficiently met. It is important to note that failure to successfully complete the KYC verification process will result in the client being denied access to the Company’s services.
Provision 7 – Usage Restrictions and Onboarding Limitations
The Client is strictly prohibited from using the website or its content for any of the following purposes: engaging in illegal activities; encouraging or assisting others in unlawful actions; violating any applicable international, federal, provincial, state, or local laws, regulations, or rules; infringing upon or violating intellectual property rights belonging to the Company or any third party; engaging in harassment, abuse, threats, defamation, slander, intimidation, or discrimination based on factors such as gender, sexual orientation, religion, ethnicity, race, age, national origin, or disability; providing false or misleading information; or uploading or transmitting viruses or malicious code that could disrupt the functionality of the Service, website, or any connected online platform. The Company reserves the right to terminate the Client’s access to the Service and website if any of these conditions are violated.
The Company does not offer services to individuals residing in certain countries.
Provision 8 – Restricted Activities and Unfair practices
The Client must strictly follow the prohibited trading practices outlined in this section. However, the most important resource for Clients is the Frequently Asked Questions (“FAQ”) section, which provides specific guidance, detailed rules, and practical examples to clarify what is and is not allowed. Any trading activity that violates these provisions is strictly forbidden, and Clients are expected to consult the FAQ regularly to ensure compliance.
The Client is prohibited from knowingly or unknowingly employing trading strategies that take advantage of system errors, such as price discrepancies or delays in data updates, commonly known as Latency Trading. Additionally, executing trades based on external or delayed data feeds, as well as engaging in gap trading, is strictly forbidden.
Clients must never engage in manipulative trading practices, whether alone or in coordination with others, by placing trades across connected accounts or multiple accounts within the platform to distort the market. Allowing others to access or trade on a Client’s account, or vice versa, is strictly prohibited. Each Client is responsible for trading their own account independently. Examples of market manipulation include simultaneously placing opposing trades to influence market conditions.
High-frequency trading, automated software, AI-driven trading, ultra-fast execution strategies, or mass data entry systems that provide an unfair advantage or manipulate the platform’s infrastructure are strictly forbidden.
Engaging in any form of arbitrage—including but not limited to triangular, statistical, latency, or market-making arbitrage—is prohibited. Additionally, strategies designed to guarantee the execution of limit orders during periods of low liquidity are not permitted, as they do not reflect real market conditions.
Clients must engage in trading that aligns with standard forex and financial market operations. Trading strategies that could financially or operationally harm the Company, such as excessive leverage or account rolling to avoid losses, are strictly forbidden. Copy trading, where Clients replicate the trades of other traders or external entities without explicit authorization from the Company, is also prohibited.
Furthermore, third-party trading is not allowed. Clients must not allow others to access or trade on their Challenge Account. Similarly, Clients may not trade on behalf of another person or engage in account management services where they control or execute trades for other users.
Trading activity must be consistent with the Client’s usual trade sizes. Placing trades that are significantly larger or smaller than the Client’s typical trades or using excessive margin is not permitted. Failure to follow these guidelines may result in serious consequences.
If a Client engages in any prohibited trading practices, the Company reserves the right to take corrective action, which may include removing the violating transactions from the Client’s history, terminating the Client’s access to Services, and canceling the agreement.
Engaging in inappropriate risk management practices, such as gambling, “all-in” trading, or excessively leveraging positions, is strictly prohibited. Trading activity that resembles gambling—such as consistently placing trades prior to news releases or other binary events—will not be tolerated.
Excessive risk-taking and gambling are defined by the percentage of an account risked in a single trade or across a series of trades or positions. An “all-in” trade refers to committing all or a substantial portion of available capital or margin to a single trade. Similarly, excessive and improper use of leverage occurs when a trader risks a significant portion of their account in one trade or across a series of one-directional trades and positions.
Furthermore, if any of these violations occur across multiple Challenge Accounts—whether by the same Client, different Clients, or a combination of both—the Company has the authority to revoke all services and terminate any associated agreements. Repeated violations may result in permanent restrictions from accessing part or all of the Services without compensation.
The FAQ section serves as the definitive reference for trading rules and restrictions. Clients must check the FAQ regularly, as it contains specific examples, explanations, and updates on acceptable and prohibited trading practices. The Company assumes no responsibility for trading or investment activities conducted outside of its Services, even if the same trading platform is used for demo or external trading. This includes any third-party services accessed through the platform.
Provision 9 – Restricted Countries
Individuals residing in or nationals of the following countries are strictly prohibited from using our services, including account registration, purchasing a Challenge, completing a Challenge, and receiving Payouts. If you are from any of the listed regions, you will not be eligible for Payouts under any circumstances.
This list is not exhaustive, and the Company reserves the right to update or expand these restrictions at any time, without prior notice, in accordance with prevailing anti-money laundering (AML) regulations and compliance requirements.
Restricted Countries:
- Democratic People’s Republic of Korea (DPRK)
- Iran
- Myanmar
- Cuba
- Russian Federation
- Afghanistan
- Belarus
- Iraq
- Crimea
- Donetsk
- Syria
- Yemen
- Palestinian Territory
- Cyprus
- Vatican City
Clients are responsible for ensuring their eligibility before engaging with our services. The Company maintains the authority to deny access or revoke services at any time if a Client is found to be in violation of these jurisdictional restrictions.
Provision 10: Affiliation consent and rules
By using the Affiliate link provided by the Company, the Affiliate expressly consents to and agrees to be bound by the terms and conditions outlined in this Agreement. This action constitutes an unambiguous acceptance of all responsibilities, obligations, and restrictions set forth herein.
10.1 The Affiliate agrees to diligently fulfill their obligations to the Company, which include but are not limited to: promoting the Company’s services—such as the challenges—to individuals or legal entities through various platforms, including websites, social media, and other marketing channels, by prominently and correctly using the unique Affiliate link provided by the Company upon registration. The Affiliate link, which directs users to the Company’s website (“Website”), must not be altered in any way. The Affiliate is responsible for integrating the link into their materials and ensuring their account remains active.
10.2 The Affiliate must not engage in fraudulent behavior, deceptive marketing practices, or misrepresentation of the Company’s services. All communications must provide accurate, unbiased descriptions and avoid false, excessive, or irrelevant claims. The Affiliate also agrees to follow all business-related instructions and applicable laws, maintain the confidentiality of sensitive Company and client information, and provide support to clients where needed—including account setup and platform navigation—at their own expense and risk.
10.3 An Affiliate becomes eligible for a Reward only if the following conditions are met: (i) a user clicks the Affiliate link and is directed to the Company’s Website, (ii) the user completes a purchase of Company services, thereby entering into an agreement with the Company, and (iii) such agreement is not canceled within 14 days or during the stated rescission period. Reward amounts are communicated during the registration and approval process and are viewable in the Affiliate zone of the Website. Payment of the Reward is processed within 30 days of invoice/request submission, and Affiliates may request payouts depending on the policy established, which may be changed from time to time, for more information check the FAQ section. Rewards are paid solely to the Affiliate’s registered account; third-party payouts are strictly prohibited. The Company reserves the right to conduct Know Your Business (KYB) checks and implement AML/CFT compliance measures, and may withhold payments where identity verification issues or suspicious activity arise. The Affiliate acknowledges that all taxes and statutory charges (including VAT) are their sole responsibility and that the Reward constitutes full and final compensation.
10.4 To qualify for payouts, the Affiliate must provide valid KYC, CDD, and EDD documentation. Failure to do so will result in the suspension or denial of services and the forfeiture of any pending payments. These compliance protocols aim to verify the Affiliate’s identity, assess the nature of their business and marketing strategies, and monitor trading activity for alignment with declared intentions and legal requirements.
10.5 Where the Affiliate is a legal entity and/or employs personnel, they affirm that their employees, agents, or representatives shall adhere to these Terms and Conditions and applicable laws. The Affiliate guarantees that all individuals acting on their behalf shall exercise due skill, care, and professionalism in fulfilling their responsibilities, and shall remain bound by the same confidentiality obligations.
Provision 11: Market Orders, Execution and Funding
All market orders and execution are done on a simulated trading environment in the foreign exchange (FOREX) market and other financial instruments, as well as analytical tools, training materials, educational resources, and access to the Client Section and related services, provided either through the Client Section or via applications offered by the Funded7 or third parties. Although real financial market data may be used, you acknowledge that all trading conducted through the Services is entirely simulated and not real. You further acknowledge that any funds provided for demo trading are fictitious, that you have no ownership or entitlement to these funds beyond their use within the Services, and that they cannot be used for actual trading or withdrawn. Unless expressly agreed otherwise, you are not entitled to receive any remuneration or profits based on the results of your simulated trading, nor are you required to cover any losses incurred.
Provision 12: Payout Restrictions for Free, Giveaway, or Promotional Challenges
For any Free, Giveaway, or Promotional Challenges (collectively referred to as “Promotional Challenges”, meaning accounts not purchased directly from our website), Funded7 reserves the right to apply specific payout restrictions. The payout framework for these Promotional Challenges is outlined below:
- Profit Distribution: Payouts will be divided on a 50/50 basis, with 50% awarded to the trader and 50% retained by Funded7.
- Payout Limit: The total payout per challenge is capped at 2% of the account’s original starting balance. Regardless of the profit generated, traders may only withdraw up to 2% of the account size, with the profit split of 50% applying to this capped amount.
- Payout cycle on free, giveaway and promotional accounts is limited to every 30 days.
- To trade without restrictions, consider opting for a direct account. These accounts come with no payout limitations, giving you the freedom to maximize your profits without any caps. This approach is intended to uphold the integrity of Funded7’s trading ecosystem while promoting fairness and equal opportunity for all traders.
This approach is intended to uphold the integrity of Funded7’s trading ecosystem while promoting fairness and equal opportunity for all traders.
Provision 13: Restriction of Liability; Indemnification and Guarantees
Funded7 does not guarantee, warrant, or promise that the service will be free of errors, delays, security risks, or interruptions. Additionally, the Company does not assure that the outcomes obtained from using the service will be accurate, reliable, or meet the Client’s expectations. The Client acknowledges that the Company retains the right to suspend or terminate the service at any time, indefinitely, with or without prior notice. The Client understands and accepts that their use of, or inability to use, the service is entirely at their own risk.
The service, along with all related products and features offered through Funded7, is provided strictly on an “as is” and “as available” basis, without any warranties or representations of any kind, whether express or implied. This includes, but is not limited to, implied warranties or conditions of merchantability, suitability for a specific purpose, durability, title, and non-infringement.
Under no circumstances shall the Company—including its directors, officers, employees, affiliates, partners, agents, contractors, subcontractors, interns, suppliers, service providers, licensors, or any related individuals—be held liable for any injury, loss, claim, or any direct, indirect, incidental, punitive, special, or consequential damages. These may include, but are not limited to: loss of profits, revenue, savings, data, or replacement costs. Liability shall not apply regardless of whether the claim arises from contract, tort (including negligence), strict liability, or any other legal theory. This also extends to situations where losses result from the Client’s breach of these Terms and Conditions, improper use of the service, purchases made through the service, or any violation of legal rights belonging to third parties. This exemption from liability covers, but is not limited to, errors, omissions, service disruptions, or any damage caused by the use of or reliance on content, services, or products made available through Funded7—even if the Company has been informed of the potential for such damages. As certain jurisdictions do not permit the exclusion or limitation of consequential or incidental damages, the Company’s liability in such cases will be restricted to the maximum extent permitted by applicable law.
Provision 14: Notices and Termination of service
Any responsibilities or obligations incurred before termination will continue to apply even after this agreement has been terminated. These Terms and Conditions shall remain in effect until either the Client or the Company formally ends the agreement. The Client may terminate their agreement at any time by notifying the Company of their decision to stop using the Services or by ceasing their use of the platform. The Company reserves the right to terminate this agreement at any time and without prior notice if, at its sole discretion, the Client fails to comply with any provision outlined in these Terms and Conditions. Upon termination, the Client will remain responsible for any outstanding amounts due up to and including the termination date. Additionally, the Company may restrict or revoke the Client’s access to its Services. The Client is required to adhere to all trading and platform guidelines, and failure to comply may result in account termination. If the Client violates any Challenge or Evaluation criteria—including, but not limited to, Daily Loss limits, Minimum Account Balance requirements, Minimum Trading Days, Consistency rules, Hedging restrictions, Costs, Restricted Activities, or Unfair Trading Practices—they will be deemed in breach of the Evaluation requirements and these Terms and Conditions. Such a violation will result in the automatic failure of the Challenge. Violations of these limitations will lead to immediate closure of open positions on the trading platform, and the Client’s account may be suspended or terminated. In such cases, the Company reserves the absolute right to end this agreement.
Client-Initiated Termination: To close their Client Section, the Client must submit a termination request via email to [email protected]. This request serves as an official declaration of their intent to discontinue the contractual relationship, which will result in the loss of access to all Services, including the Client Section and Trading Platform. The Company will confirm receipt of the request via email, after which the contract will be formally terminated. In such cases, the Client is not entitled to any refunds for previously paid fees or other associated costs.
Repeated Violations: If the Client continues to engage in prohibited trading practices after receiving a warning, the Company may permanently restrict their access to all Services without compensation. No refunds will be issued for any payments previously made under such circumstances.
Provision 15: Right to request a Refund
Activation of Services: Upon successful payment for the Challenge program, the Client will be provided with login credentials to access the platform. By placing their first trade, the Client expressly acknowledges and agrees that the Company has fulfilled its service obligations, thereby waiving any right to withdraw from the contract before the expiration of any withdrawal period.
Non-Activation: If the Client does not activate their Challenge within 30 calendar days, their access will be automatically suspended. To request a reactivation, the Client must contact [email protected], subject to any applicable terms and conditions set by the Company.
Disputes and Chargebacks: If the Client initiates an unjustified dispute or chargeback, the Company reserves the right to immediately suspend or terminate services and deny the Client access to any future services at its sole discretion.
Refunds: A refund request may be submitted within 7 days of registration, provided that no trading activity has taken place. However, once trading has commenced, all fees become strictly non refundable, and no full or partial refunds will be issued under any circumstances.
Provision 16 – Entire Agreement
The Provider’s decision not to enforce any right or provision of these Terms of Service shall not be interpreted as a waiver of such rights. Any waiver of rights under these Terms will only be valid if it is explicitly stated in writing and signed by the Provider. These Terms of Service, along with any associated policies or operational guidelines published on the website or related to the Service, constitute the complete and exclusive agreement between the Client and the Provider. This document governs the Client’s use of the Service and supersedes all previous or concurrent agreements, discussions, and proposals, whether verbal or written, including prior versions of these Terms of Service.
In the event of ambiguity or disputes regarding the intent or interpretation of these Terms, such matters shall be addressed impartially and shall not be automatically construed against the Provider as the drafting party. However, this provision does not override any statutory rights that the Client may have under applicable consumer protection laws that cannot be contractually waived.
Provision 17 – Governing Law and Jurisdiction of Courts
The terms governing the provision of Services by the Company to the Client, including any supplementary agreements, shall be interpreted and enforced in accordance with the laws of the Republic of Cyprus, which serves as the Company’s jurisdiction.
Each Client is responsible for fully understanding and adhering to all applicable local laws and regulations related to their participation in the Challenge. The Client acknowledges that their engagement in the Service is entirely at their own risk and accepts full responsibility for their participation.
By using the Service, the Client confirms that they are at least 18 years of age and legally eligible to participate. The Company assumes no liability for any actions taken by the Client that may be in violation of local laws, and any legal consequences arising from such violations shall be the sole responsibility of the Client.