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General Terms and Conditions of Take Capital For Traders (“GTC”)

1. INTRODUCTION AND PREAMBLE

1.1. Parties: These General Terms and Conditions (the "GTC" or "Agreement") constitute a legally binding contract between Take Capital For Traders, a company incorporated and registered at Hunkins Waterfront Plaza, Suite 556, Main Street, Charlestown, Nevis (hereinafter referred to as "Takecap FT", "Company", "we", "us", or "our"), and you, the individual or entity accessing our platform (hereinafter referred to as the "Client", "Trader", "you", or "your").

1.2. Acceptance of Terms: By registering an account, purchasing an evaluation, or accessing the Website (https://takecapft.com/), you expressly acknowledge that you have read, understood, and irrevocably agree to be bound by these GTC, as well as our Privacy Policy and official Help Center guidelines. If you do not agree to these terms, you must immediately cease use of our Services.

1.3. Modification of Terms: Takecap FT reserves the right to modify, amend, or update these GTC at its sole discretion at any time. Changes will be communicated via the Website or the Client dashboard. Your continued use of the Services following the posting of any changes constitutes your binding acceptance of such modifications.

2. DEFINITIONS

- "Evaluation Process" means the initial simulated testing phases (Phase 1 Challenge and Phase 2 Verification) designed to evaluate the Client's trading skills and risk management.
- "Phase 3 (Funded) Stage" means the final stage of the program where the Client manages a simulated account and becomes eligible to receive financial rewards based on virtual performance.

- "Simulated Trading" means the execution of virtual buy and sell orders within a simulated environment that mimics real market conditions via third-party trading platforms.

- "Virtual Capital" means the fictitious, non-withdrawable simulated funds allocated to the Client’s account for evaluation purposes.

- "Restricted Jurisdictions" means the countries and territories from which we do not accept Clients due to legal, regulatory, or operational constraints.

- "Help Center" means the official repository of trading rules and FAQs located on our Website, which is fully incorporated by reference into these GTC. https://intercom.help/take-capital-for-traders/en/

3. NATURE OF SERVICES & REGULATORY DISCLAIMER

3.1. Educational and Simulated Platform: Takecap FT provides an educational platform featuring simulated trading environments, analytical tools, and evaluation programs (collectively, the "Services").

3.2. Not a Broker or Financial Institution: WE EXPLICITLY DECLARE THAT WE ARE NOT A BROKER, FINANCIAL INTERMEDIARY, OR INVESTMENT SERVICE PROVIDER. We do not hold client funds for investment purposes, we do not accept deposits for live trading, and we do not execute real trades in live financial markets on behalf of Clients.

3.3. Virtual Funds Only: All trading during Phase 1, Phase 2, and Phase 3 takes place in a fully simulated environment. You are trading with virtual funds. No actual money is at risk, and you are not liable for any simulated losses incurred.

3.4. No Investment Advice: Nothing provided through the Services constitutes financial, investment, legal, or tax advice. Past performance in our simulated environment does not guarantee future results in live trading.

4. ELIGIBILITY, REGISTRATION, AND SANCTIONS

4.1. Age Requirement: You must be at least 18 years of age and possess the legal capacity to enter into this Agreement to use our Services.

4.2. Geographic Restrictions: We do not provide Services to residents of the following jurisdictions: Afghanistan, Antarctica, Antigua and Barbuda, Australia, Belarus, Belize, Bhutan, Bouvet Island, Burundi, Cape Verde, Chad, Comoros, Congo, Crimea, Cuba, Djibouti, Dominica, Donetsk, East Timor, Equatorial Guinea, Eritrea, Eswatini, Fiji, Gabon, Gambia, Grenada, Guinea, Guinea-Bissau, Holy See (Vatican), India, Indonesia, Iran, Iraq, Kherson, Kiribati, Kosovo, Kyrgyzstan, Lesotho, Liberia, Luhansk, Malawi, Mali, Marshall Islands, Mauritania, Micronesia, Myanmar, Nauru, Niger, Niue, Papua New Guinea, Russia (Russian Federation), Saint Barthélemy, Saint Lucia, Saint Vincent and the Grenadines, Samoa, San Marino, Sao Tome and Principe, Sevastopol, Seychelles, Sierra Leone, Solomon Islands, Somalia, South Sudan, Sudan, Suriname, Syria, Tajikistan, Tokelau, Tonga, Turkmenistan, Tuvalu, United States of America, Uzbekistan, Vanuatu, Venezuela, Zaporizhzhia.

- IP / VPN Evasion: The use of VPNs to mask your location and circumvent these restrictions is strictly prohibited and constitutes a material breach, leading to immediate termination without refund.

4.3. Sanctions & Anti-Money Laundering (AML) Warranty: You represent and warrant that you are not subject to any international sanctions administered or enforced by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC), the United Nations Security Council, or the European Union. You warrant that you have no criminal record related to financial crime or terrorism.

4.4. KYC Verification: Prior to entering Phase 3 or requesting any payout, you must successfully complete our Know Your Customer (KYC) identity verification process.

5. FEES, PAYMENTS, AND NO-REFUND POLICY

5.1. Evaluation Fees: Participation in the Evaluation Process requires the payment of a one-time upfront fee.

5.2. FINAL SALES POLICY (NO REFUNDS): All purchases made on our platform are final. Because the Client is granted immediate access to proprietary trading platforms, market data feeds, and simulated capital upon payment, no refunds will be issued under any circumstances. This includes, but is not limited to, failure of the evaluation, inactivity, or account termination due to a rule violation.

5.3. Chargebacks & Disputes: Any attempt to file an unjustified chargeback or dispute with your bank, credit card issuer, or payment gateway constitutes a severe breach of this Agreement. In the event of a chargeback, Takecap FT will:

- Immediately terminate all active accounts belonging to the Client.

- Permanently ban the Client from using any future Services.

- Pursue legal and collection actions to recover the disputed amount and any

administrative fees.

5.4. Challenge Fee Refund (Credit): Upon reaching Phase 3 and successfully qualifying for your first valid withdrawal, your initial evaluation fee will be returned to you. You may elect to receive this either as a discount on a future challenge or converted into a withdrawal credit added to your payout. If a Phase 3 account breaches any rule prior to the first successful payout, this credit is voided.

6. EVALUATION PROCESS & ACCOUNT PARAMETERS

6.1. Account Tiers: Takecap FT offers evaluation accounts with Virtual Capital starting balances of $5,000, $10,000, $25,000, $50,000, $100,000, and $200,000.
6.2. Unlimited Trading Period: There are no maximum time limits to complete Phase 1 or Phase 2. You may trade at your own pace.
6.3. Profit Targets:

- Phase 1 (Initial Evaluation): 10% of the initial Virtual Capital.

- Phase 2 (Verification): 5% of the initial Virtual Capital.

- Phase 3 (Funded): No mandatory profit targets.
6.4. Leverage Limits:

Leverage cannot be increased and is strictly capped as follows: Cryptos 1:1; Energies 1:9; EU/US Shares 1:1; Forex Majors 1:30; Forex Crosses 1:20; Forex Exotics 1:10; Indices 1:15; Metals 1:9.

7. RISK MANAGEMENT RULES & BREACH CONDITIONS

The Client must strictly adhere to the following risk parameters. A breach of any of these rules results in immediate account failure and termination.
7.1.Maximum Daily Loss Limit (5%): The account Equity or Balance may not decrease by more than 5% of the starting daily balance. This value is calculated based on the "Balance" registered at 00:00 UTC. If the sum of closed and open profits/losses reaches this limit during the UTC day, the account is breached.
7.2. Maximum Loss Limit (Static 10%): The account’s Balance or Equity cannot decrease by more than 10% from its initial starting Virtual Capital. (e.g., A $100,000 account’s equity may never fall below $90,000).
7.3. Consistency Rule (40%): To prevent gambling and ensure skill-based trading, no single trading day (00:00–23:59 UTC) can account for more than 40% of the total generated net profit required to pass a phase or request a payout.

- Formula: Best Trading Day Profit ÷ Total Net Profit ≤ 40%.

- Adjustment: If your Best Day exceeds 40%, you are not disqualified. However, your account will not advance, and you cannot withdraw funds, until you continue trading to increase your Total Net Profit until the 40% threshold is satisfied.
7.4. Account Inactivity Policy:

- Archived: Accounts with no trading history for 20 consecutive days are archived (can be reactivated within 6 months via Support).

- Deactivated: Accounts with a trading history that remain inactive for more than 20 consecutive days are permanently deactivated and cannot be recovered.

- Active Criteria: To be considered active, an account must have at least 1 completed trade (opened and closed), a minimum average trade duration of 3 minutes, and a minimum average risk of 0.20% of the account balance within the last 20 days.

8. PROHIBITED TRADING PRACTICES & ENFORCEMENT

8.1. Exploitative Practices: The Client must not engage in strategies intended to exploit the simulated environment. Prohibited practices include, but are not limited to: Gap trading, High-frequency trading (HFT), Server spamming, Latency arbitrage, Toxic trade flow, Hedging, Long/Short arbitrage, Reverse arbitrage, Tick scalping, and trading between opposing accounts.
8.2. Third-Party Signals & Copy Trading: Trading must reflect the individual skill of the Client. The use of third-party copy trading services, signal groups, or account management is strictly prohibited.

- Pattern Correlation System: Takecap FT utilizes automated systems to cross-reference trading data. If an account is flagged for a "High Dependence Ratio" (where the majority of profits rely on external signals matching known third-party sets), the account will be disqualified.
8.3. News Trading & Weekend Holding: Trading during high-impact news and holding positions over weekends/holidays is permitted. However, the simulated environment replicates live market liquidity. Extreme volatility, widened spreads, and severe slippage are normal market mechanics. Takecap FT will not reverse drawdown breaches or restore accounts that fail due to slippage or spread widening during news events. You assume all risk.

9. ACCOUNT MERGING & MAX ACTIVE CAPITAL LIMIT

9.1. Max Active Capital ($200,000): While a Client may purchase an unlimited number of accounts, the maximum combined active Virtual Capital allowed to be traded simultaneously is strictly capped at $200,000. Accounts exceeding this cap must be archived.
9.2. Account Merging: Clients may request to merge Phase 3 accounts provided: (a) No accounts are in drawdown, and (b) There are no pending payout requests. Merged accounts maintain a 5% Daily Loss Limit and 10% Maximum

Loss Limit.

10. REVIEWS, PHASE 3 PAYOUTS, AND SCALING

10.1. Mandatory Audits: Upon reaching a profit target or requesting a payout, the account enters "Pending Review." Our Risk Management Team will audit the account for up to two (2) business days. Takecap FT reserves the right to mandate video interviews and require the Client to explain their trading methodology. Failure to comply or justify trades will result in disqualification.
10.2. Profit Split: Phase 3 Funded Traders are eligible to receive a reward starting at 80% of their simulated net profits.
10.3. Payout Frequency:

- First Payout: Eligible 30 days after the account reaches "Funded" status, provided KYC and Contracts are finalized.

- Subsequent Payouts: Requested once per calendar month (at least 30 consecutive days from the date the last transaction was successfully processed).
10.4. Payout Methods: Withdrawals are processed exclusively via Cryptocurrency (USDT - TRC20). The minimum withdrawal is $100. The Client is solely responsible for providing the correct wallet address and absorbing blockchain transaction fees.
10.5. Career Plan (Scaling): Phase 3 Traders who achieve 3 consecutive withdrawals of at least 5% of their account balance, trade for a minimum of 4 months without a failure, and pass a risk review, are eligible for a 20% capital allocation increase. Capital can scale up to $1,000,000, and profit splits may increase up to 90%.

11. PLATFORM USE, IP LOGS, AND VPNs

11.1. TradeLocker Platform: Services are provided via the TradeLocker platform. Takecap FT is not responsible for TradeLocker server outages, display glitches, or external data feed interruptions.
11.2. IP Consistency: IP regions must remain consistent. Irregularities indicating multiple users accessing the same account will result in suspension.
11.3. VPS/VPN Policy: VPS and VPN usage is permitted strictly for connection stability, provided the Client uses a static IP address. The static IP must be submitted to the support team to be whitelisted.

12. INTELLECTUAL PROPERTY & CONFIDENTIALITY

12.1. Ownership: All Website Content, dashboards, proprietary algorithms, Evaluation frameworks, and educational materials are the exclusive intellectual property of Takecap FT.
12.2. License Restrictions: You may not reverse engineer, decompile, modify, or distribute our systems or dashboards. Unauthorized reproduction will result in immediate legal action.

13. DISCLAIMER OF WARRANTIES AND LIMITATION OF LIABILITY

13.1. "AS IS" Provision: The Services, Website, and Trading Platforms are provided on an "AS IS" and "AS AVAILABLE" basis. TakeCap FT makes no warranties regarding uninterrupted access, execution speeds, or freedom from errors.
13.2. Limitation of Liability: TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, TAKECAP FT, ITS DIRECTORS, EMPLOYEES, AND AFFILIATES SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOST "VIRTUAL" PROFITS, LOSS OF DATA, EMOTIONAL DISTRESS, OR OPPORTUNITY COSTS, ARISING FROM THE USE OF THE SERVICES. 13.3. Liability Cap: In no event shall Takecap FT’s total cumulative liability to the Client exceed the total evaluation fees paid by the Client to Takecap FT in the twelve (12) months preceding the claim.

14. INDEMNIFICATION

The Client agrees to indemnify, defend, and hold harmless Takecap FT and its affiliates from and against any and all claims, liabilities, damages, losses, or expenses (including reasonable attorneys' fees) arising out of or in any way connected with: (a) Your access to or use of the Services; (b) Your violation of these GTC; or (c) Your violation of any third-party right or applicable law.

15. DISPUTE RESOLUTION, GOVERNING LAW, AND CLASS ACTION WAIVER

15.1. Governing Law: These GTC and any separate agreements whereby we provide you Services shall be governed by and construed in accordance with the laws of the Island of Nevis, without regard to its conflict of law principles.
15.2. Dispute Resolution: Any disputes shall be negotiated in good faith. If unresolved, the dispute shall be submitted to the exclusive jurisdiction of the competent courts of the Island of Nevis.
15.3. CLASS ACTION WAIVER: TRADER AND TAKECAP FT AGREE THAT ANY DISPUTE RESOLUTION PROCEEDINGS WILL BE CONDUCTED ONLY ON AN INDIVIDUAL BASIS AND NOT IN A CLASS, CONSOLIDATED, OR REPRESENTATIVE ACTION. YOU EXPRESSLY WAIVE ANY RIGHT TO PARTICIPATE IN A CLASS ACTION LAWSUIT AGAINST TAKECAP FT.

16. TERM, TERMINATION, AND SURVIVAL

16.1. Termination by Client: You may terminate your account at any time by contacting Support. No refunds apply.
16.2. Termination by Provider: Takecap FT reserves the right to suspend or terminate your account(s) immediately and without prior notice if we determine, in our sole discretion, that you have breached these GTC, engaged in prohibited trading practices, provided false KYC documents, or threatened the integrity of the platform. 16.3. Survival: Clauses regarding Intellectual Property, Limitation of Liability, Indemnification, and Dispute Resolution shall survive the termination of this Agreement.


Contact Information:
Take Capital for Traders
Email: support@takecapft.com

Address: Hunkins Waterfront Plaza, Suite 556, Main Street, Charlestown, Nevis

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