FTS GENERAL TERMS AND CONDITIONS

These FTS General Terms and Conditions (the “GTC”) govern the rights and obligations related to the use of services provided by Futures Trading Syndicate offered directly on the website www.futurestradingsyndicate.com.
Please read these GTC carefully. you are
has no obligation to use the Services if you do not agree with or understand any part of these Terms,
nor shall you use the Services unless you understand and agree to these Terms.
1.1. These GTC govern your (“you”, “your” or “Customer”) rights and obligations in
connection with the use of the Services provided by FTS.
FTS GENERAL TERMS AND CONDITIONS
These FTS General Terms and Conditions (the “GTC”) govern the rights and obligations related
with the use of the services provided by FTS Futures Trading Syndicate via the website www.futurestradingsyndicate.com (the “Site”). Please read these GTC carefully. you are has no obligation to use the Services if you do not agree with or understand any part of these Terms,
nor shall you use the Services unless you understand and agree to these Terms.
1. INTRODUCTORY PROVISIONS
1.1. These GTC govern your (“you”, “your” or “Customer”) rights and obligations in
connection with the use of the Services provided by FTS
1.2. When registering on the Site or, where registration is not necessary, at the latest by your
first use of the Services, you are entering into a contract with the Provider, subject to
which is the provision of the Services of your choice. The TCG is an integral part of the
such contract and, by signing the contract with the Provider, you express your
accordance with these GTC.
1.3. The Services are only intended for people over 18 years of age residing in the country
for which the Services are available. By registering on the Site, you confirm that
are over 18 years of age. If you are under 18 years of age, you may not use the Services.
You undertake to access the Services only from one of the countries for which
services are available. You acknowledge that your access to and use of the Services
may be restricted or prohibited by law in some countries, and you agree to only access
and use the Services in accordance with applicable laws.
1.4. The Provider will not provide Services to the Customer who: (i) is of nationality or resides
in Restricted Jurisdictions; (ii) is established or constituted, or has its headquarters in
Restricted Jurisdictions; (iii) is subject to relevant international sanctions; or (iv) has
a criminal record related to financial crimes or terrorism. Restricted Jurisdictions means
countries determined as such by the Provider and published here on the Site. O
The Provider reserves the right to refuse, restrict or terminate the provision of any Services to
Customer in accordance with this Clause 1.4. and such Customer is prohibited from using the Services,
which also includes the use of the Client Section and/or Trading Platform.
1.5. The Services consist of providing tools for simulating foreign exchange trading
in the FOREX market or simulated trading with other instruments in other finance
markets, provision of analytical tools, training and educational materials, access to
Customer Section, and other auxiliary services, namely through the Customer Section or
by providing access to applications made available by the Provider or third parties.
Financial market information is used in simulated negotiations; however, you recognize
that any trading carried out by you through the Services is not real. You also recognize
that the funds provided to you for demo trading are fictitious and that you have no right
possess such fictitious funds beyond the scope of their use within the Services, and in
particularly that they cannot be used for any actual trading and that you have no right
payment of these funds. Unless expressly agreed otherwise, you will not be paid
any compensation or profit based on the results of your simulated trading, nor will you
be required to pay any losses.
1.6. NONE OF THE SERVICES PROVIDED TO YOU BY THE PROVIDER CAN BE CONSIDERED
INVESTMENT SERVICES IN ACCORDANCE WITH APPLICABLE LAWS. THE PROVIDER DOES
DO NOT GIVE OR PROVIDE ANY ADVICE, INSTRUCTION OR INFORMATION
ABOUT HOW OR IN WHAT WAY YOU SHOULD CARRY OUT TRANSACTIONS WHEN
BY USING THE SERVICES OR OTHERWISE, OR ANY OTHER SIMILAR INFORMATION ABOUT
THE INVESTMENT TOOLS NEGOTIATED, NOR DOES THE PROVIDER ACCEPT ANY SUCH
GUIDANCE, INSTRUCTIONS OR INFORMATION FROM YOU. NONE OF THE SERVICES
THEY CONSTITUTE INVESTMENT ADVICE OR RECOMMENDATIONS. NO EMPLOYEES, STAFF OR SUPPLIER REPRESENTATIVES ARE AUTHORIZED TO PROVIDE INVESTMENT
ADVICE OR RECOMMENDATIONS. SHALL ANY INFORMATION OR STATEMENT OF ANY
EMPLOYEES, PERSONNEL OR REPRESENTATIVES OF THE SUPPLIER WILL BE CONSTRUED AS
INVESTMENT ADVICE OR RECOMMENDATIONS, THE PROVIDER EXPLICITLY DISCLAIMS
THAT THEY ARE INVESTMENT ADVICE OR RECOMMENDATIONS AND WILL NOT BE
RESPONSIBLE FOR THEM.
1.7. Your personal data is processed in accordance with the Privacy Policy.
1.8. The meaning of definitions, expressions and abbreviations used in these GTC may be
found in clause 18.
2. SERVICES AND YOUR REQUESTS
2.1. You may request the Services through the Site by completing the appropriate registration
or order form. After registration, we will email you the login details for the Customer Section
and/or Trading Platform and allow you to access them.
2.2. Services include, among other things, FTS Challenge and Verification
products; these products may differ in the scope of Services provided
(e.g. by analytical tools available to the Customer). With the free trial you can use
some of the Services within a limited scope and for a limited period free of charge.
Completing the free trial does not entitle you to access any other services.
2.3. All data that you provide to us through the registration or order form, the Customer Section,
or otherwise must be complete, truthful and up-to-date. You must notify us immediately
of any change to your data or update the data in your Customer Section. The Customer is
responsible for all data provided being accurate and updated; the provider is not
obliged to verify the data.
2.4. You acknowledge that if you provide an identification number, tax registration number
or other similar information in the registration or order form or in the Customer Section,
or if you declare that you are a legal entity, you will be considered an entrepreneur
(merchant) for the purposes of these GTC and when using the Services, and the provisions
These GTC or applicable law granting consumer rights will not apply to you.
2.5. The FTS Challenge fee varies depending on the option selected and depends on
the value of the initial capital, the acceptable degree of risk, the parameters that
must be met in order for the conditions of the FTS Challenge and the subsequent
Verification is met and possibly other settings. More detailed information about
Individual options and rates for those options are provided on our website here. Final
the fee will be determined based on the option you select when filling out the form to
ordering the FTS Challenge. The Provider reserves the right to also provide the Services
under individually agreed conditions. All individually agreed conditions will be determined
by the Provider at its own discretion. Individual discounts and other benefits cannot be
combined, unless expressly provided otherwise by the Provider.
2.6. The fee is paid to enable you to access the FTS Challenge or the Services provided
as part of the FTS Challenge. The Customer is not entitled to a refund of the fee, for
for example, if Customer cancels Customer’s Customer Section or requests
cancellation by email, if the Customer terminates the use of the Services or the contract
(e.g. unable to complete the FTS Challenge or Verification), fail to meet the
conditions of the FTS Challenge or Verification, or violates these GTC.
2.7. If the Customer makes an unjustified complaint regarding the fee paid or disputes
the fee paid to the Customer’s bank or payment service provider (e.g. via
chargeback services, dispute services or other similar services), on the basis of which
cancellation, cancellation or refund of the fee or any part thereof is requested,
the Provider has the right, at its discretion, to stop providing the Customer with any
services and refuse any future provision of any services.
2.8. Your choice of the FTS Challenge option you select when placing an order
will also apply to subsequent Verification. You will start the subsequent check
and, eventually, other products related to them, with the same parameters and currency
that correspond to the FTS Challenge option you selected. After making a
selection, you cannot change it.
If you are requesting a new FTS Challenge, the restrictions specified in this clause 2.8 will not apply.
2.9. The Provider reserves the right to unilaterally change rates and parameters
of the Services at any time, including the parameters for its successful completion.
The change does not affect Services purchased prior to notification of the change.
2.10. Any data entered into the order form may be checked, corrected and amended until
the binding order of the Services. The ordering of the Services of your choice is made by
submitting the order form. The Provider edor will immediately confirm receipt of your order
to your email address. In the case of the Free Trial, the order is finalized in
delivery of the confirmation to your email address, through which the contract is executed.
In the case of the FTS Challenge, the order is finalized upon payment of the fee
for the selected option (more on this in clause 3.4), where the contract between you
and the Provider is executed, the object of which is the provision of the FTS Challenge
and, if the FTS Challenge conditions are met, Verification. The contract is
completed in English. We archive the contract in electronic format and do not allow access
for that.
2.11. You acknowledge that in order to use our Services, you must obtain the appropriate document
technical equipment and software, including third-party software (e.g. software for
use of the Trading Platform), at your own risk. The website is accessible
of the most commonly used web browsers. Internet access, purchase of
equipment and purchase of the web browser and its updates are at your own risk
and expense. The Provider does not guarantee or warrant that the Services will be
compatible with any specific equipment or software. The Provider does not charge any
Additional fees for Internet connection.
2.12. You acknowledge that the operators of the trading platforms are different persons or entities
of the Provider and that its own terms and conditions and privacy policies will apply
when you use its services and products. Before submitting an order form, you are obliged
to read these terms and conditions and privacy policies.
2.13. If Customer places an unusually large number of orders for the Services within a
excessively short period of time, the Provider may notify the Customer via
Customer Section as a protective precaution to mitigate potentially harmful behavior of the
Client. If such unreasonable behavior continues after such notice, we reserve the
right to suspend any further orders for the Services by the Customer. If we identify this
unusual behavior under this paragraph is related to Customer’s involvement in
Prohibited Trading Practices, we may take the respective actions as noted in Section 5 of the
this GTC. The Provider reserves the right to determine, at its discretion, the nature
of the behavior described above and reasonable limits for such determination.
3. PAYMENT TERMS
3.1. Fee amounts for FTS Challenge options are in dollars. The fee can also be paid
in other currencies listed on the Site. If you select any currency other than
dollar, the fee amount for the selected FTS Challenge option will be
converted by our rates and will automatically display the payment total in the chosen amount
currency, so you know how much you are paying before confirming the order. O
The Customer acknowledges that if payment is made in a currency other than that in which
that the Customer chooses on the Website, the value will be converted according to the
current exchange rates valid at the time of payment.
3.2. Service fees include all taxes. If the Customer is an entrepreneur (merchant), he
is required to comply with all of its tax obligations related to the use of our Services in
in accordance with applicable legislation and, in case of obligation, you are obliged to pay tax
or other fees correctly.
3.3. You can pay the fee for the selected FTS Challenge option by card, via
bank transfer, or using another payment method that the Provider currently offers on the
Website.
3.4. In case of payment by payment card or any other express payment method,
payment will be made immediately. If you select a bank transfer for payment, we will subsequently send you a proforma invoice in electronic format with the amount of the
fee for the FTS Challenge option you chose on the Site. You undertake
pay the amount within the period specified in the proforma invoice. The fee is
considered paid when the total amount is credited to the Provider’s account. If you do not pay the amount on time, the Provider will have the right to cancel your order. The client supports everything
fees charged to the Customer by the selected payment service provider (in accordance with the valid
payment service provider’s price list) in connection with the transaction and the
The Client is obliged to ensure that the respective fee for the selected FTS Challenge is paid in full.
4. CUSTOMER SECTION AND TRADING PLATFORM
4.1. Only one Customer Section is permitted per Customer and all Customer Services must
be kept in the Customer Section.
4.2. The total number of FTS Challenges and Checks per Customer Section can be
limited depending on the total sum of the initial capital amounts of the products ordered
by the Customer or based on other parameters. Unless the Provider grants a
Exceetion of the Customer, the initial capital amounts cannot be transferred between the
individual or mutually combined products. You also may not transfer or combine your
performance, service parameters, data or any other information between products.
4.3. Access to the Client Section and Trading Platform is protected by login data, which
the Customer may not make it available or share it with third parties. If the Customer has
registered as a legal entity, the Customer may allow the use of the Services through the
Customer’s Customer Section to authorized employees and representatives. The client
is responsible for all activities that are carried out through the Customer Section of the Customer
or trading platform. The Provider assumes no responsibility and the Customer has no right
to any compensation, for any misuse of the Client Section, the Trading Platform or any part
of the Services, nor is the Provider responsible for any negative consequences thereof for
the Customer, if such misuse occurs for any reason on the part of the Customer.
4.4. Customer acknowledges that the Services may not be available 24 hours a day,
particularly with regards to maintenance, updates or any other reasons. In particular,
the Provider assumes no responsibility and the Customer is not entitled to any compensation,
for the unavailability of the Client Section or Trading Platform and for damage or loss
of any data or other content that Customer uploads, downloads or saves through Customer
Trading Section or Platform.
4.5. The Customer may, at any time, request the cancellation of the Customer Section by sending
an email to support@futurestradingsyndicate.com. Sending the Customer’s cancellation request
Section is considered as a request for termination of the contract by the Customer, with
the Customer will no longer have the right to use the Services, including the Customer Section
and trading platform. The Provider will immediately confirm receipt of the request for
the Customer by email, and the contractual relationship between the Customer and
the Provider will be terminated. In this case, the Customer is not entitled to any refund
fees already paid or costs otherwise incurred.
5. DEMO TRADING RULES
5.1. During demo trading on the Trading Platform, you will be able to perform any transactions,
unless these constitute prohibited commercial strategies or practices in the sense
of clause 5.4. You also agree to follow good rules and standard market practices for trading
in financial markets (e.g. risk management rules). Restrictions can also be imposed by
the trading conditions of the Trading Platform you selected for trading.
5.2. You acknowledge that the Provider has access to information about demo trades that
you carry out on the Trading Platform. You grant the Provider your consent to share this
information with people/entities who are in a group with the Provider or who are
otherwise affiliated with Provider, and you grant Provider and these
persons/entities your consent and authorization to handle this information on their own
go. You agree that these activities may be performed automatically without any
consent, consultation or approval on your part is necessary and you are not
is entitled to any remuneration or revenue associated with the use of the data
by the Provider. The Provider is aware that you do not provide the Provider with any
investment advice or recommendations through your demo trading. Do you recognize this
You can suspend your demo trading on the Trading Platform at any time.
5.3. The Provider is not responsible for the information displayed on the Trading Platform,
nor for any interruption, delay or inaccuracy in the market information displayed
through your Customer Section.
5.4. PROHIBITED TRADING PRACTICES.
5.4.1. DURING DEMO TRADING, IT IS PROHIBITED:
(a) CONSCIOUSLY OR UNCONSCIOUSLY USE TRADING STRATEGIES THAT
EXPLOIT ERRORS IN SERVICES, SUCH AS DISPLAY ERRORS
PRICES OR DELAYS IN UPDATING THEM;
(b) PLACE TRADES USING AN EXTERNAL OR SLOW DATA FEED;
(c) PERFORM, ALONE OR IN CONCERT WITH ANY OTHER PERSON,
INCLUDING BETWEEN CONNECTED ACCOUNTS OR ACCOUNTS MAINTAINED
WITH DIFFERENT FTS ENTITIES, BUSINESSES OR COMBINATIONS OF
NEGOTIATIONS WHICH OBJECTIVE IS TO MANIPULATE THE NEGOTIATION, TO
EXAMPLE SIMULTANEOUSLY ENTERING OPPOSITE POSITIONS;
(d) CONDUCT TRADING IN CONTRADICTION TO THE TERMS AND
SUPPLIER AND TRADING PLATFORM CONDITIONS;
(e) USE ANY SOFTWARE, ARTIFICIAL INTELLIGENCE, ULTRA-HIGH SPEED,
OR MASS DATA ENTRY THAT MAY MANIPULATE, ABUSE OR GIVE
YOU GET AN UNFAIR ADVANTAGE WHEN USING OUR SYSTEMS OR
SERVICES;
(f) PERFORM AR TRADING GAP WHEN OPENING BUSINESS:
(I) WHEN MAJOR GLOBAL NEWS, MACROECONOMIC EVENTS OR
REPORTS OR CORPORATE EARNINGS (“EVENTS”), WHICH MAY
AFFECT THE RELEVANT FINANCIAL MARKET (i.e., the MARKET THAT
ALLOWS THE TRADING OF FINANCIAL INSTRUMENTS THAT MAY BE
AFFECTED BY EVENTS), ARE SCHEDULED; AND
(II) 2 HOURS OR LESS BEFORE A RELEVANT FINANCIAL MARKET IS
CLOSED FOR 2 HOURS OR MORE.; OR
(g) OTHERWISE CONDUCT TRADING IN CONTRADICTION TO AS
TRADING IS ACTUALLY CARRIED OUT ON THE FOREX MARKET OR ANY
OTHER FINANCIAL MARKET, OR IN A MANNER THAT ESTABLISHES
JUSTIFIED CONCERNS THAT THE PROVIDER MAY SUFFER FINANCIALLY
OR OTHER DAMAGES AS A RESULT OF CUSTOMER’S ACTIVITIES (E.G.
OVERLeverage, overexposure, one-sided bets, account
ROLLING).
(h) A single trade or simultaneous trades closed at the same time cannot account for 30% or more of the profit made.
(i) Martin Gale.
5.4.2. As our Customer, you must understand and agree that all of our Services are
for Customer’s personal use only, which means that only you personally can access
your FTS Challenge and Verification accounts and perform trades. That’s why
reason, you shouldn’t, and you agree not to,
(a) allow access and trading on your FTS Challenge and Verification
accounts by third parties nor shall you engage in or cooperate with any
third parties for such third parties to carry out negotiations for you,
whether this third party is an individual or professional;
(b) access any third party FTS Challenge and Verification accounts, trade
on behalf of third parties or perform any account management or
similar services, where you agree to negotiate, operate or manage the FTS
Challenge and verify accounts in another user’s name, whether
carried out as a professional or not.
Please note that if you act or behave in contradiction to the above, we
will consider such action/behavior as a Prohibited Business Practice under
Section 5.4. with the respective consequences as noted in these GTC.
5.4.3. Furthermore, the Customer shall not exploit the Services by carrying out
without applying market standard risk management rules for trading in
financial markets, this includes, among others, the following practices (i)
opening substantially larger position sizes compared to other trades, whether on this or any other Client account, or (ii) opening
substantially smaller or larger number of positions compared to the client
other negotiations, whether in this or any other account of the Client.
The Provider reserves the right to determine, in its sole discretion, whether certain trades,
practices, strategies or situations are Prohibited Trading Practices.
5.5. If the Customer engages in any of the Prohibited Business Practices described in clause 5.4,
(i) the Provider may consider this as a failure to comply with the conditions of the specific FTS
Challenge or Verification, (ii) the Provider may remove transactions that violate
the prohibition of the Client’s trading history and/or not counting its results in the
profits and/or losses achieved by demo trading, (iii) immediately cancel all Services
provided to the Customer and subsequently terminate this agreement, or (iv) reduce the
offered product leverage of 1:5 on any or all of the Customer’s accounts.
5.6. If some or all of the Prohibited Trading Practices are carried out on one or more FTS
Challenge and Verification Accounts from one Client, or accounts from multiple Clients,
or combining trading through FTS challenge and verification accounts and FTS accounts
Trader accounts, then the Provider has the right to cancel all Services and terminate all
respective agreements relating to any and all Customer FTS Challenges and Verifications
accounts and/or apply other measures in Clause 5.5. The Provider may exercise any and
all actions in Clauses 5.5 and 5.6 at your sole discretion.
5.7. If any FTS Trader account was used or was involved in Prohibited Trading
Practices, this can and will constitute a violation of the respective terms and conditions for
FTS Trader account with a third-party provider and may result in the cancellation of all such
user accounts and termination of respective contracts by the third-party supplier.
5.8. If the Customer engages in any of the practices described in clause 5.4 repeatedly,
and the Provider has previously notified the Customer, the Provider may prevent
the Customer accesses all or parts of the Services, including access to the Customer
Trading Section and Platform, without any remuneration. In this case, the Customer is
You are not entitled to a refund of fees paid.
5.9. The Provider assumes no responsibility for trading or other investment activities
carried out by the Customer outside the relationship with the Provider, e.g.
using data or other information from the Client Section, Trading Platform or otherwise
related to the Services in real negotiations n financial markets, even if the Client uses
for such trading, the same Trading Platform that the Client uses for demo trading.
5.10. DEVELOPMENTS IN FINANCIAL MARKETS ARE SUBJECT TO FREQUENT AND ABRUTE
CHANGES. TRADING IN FINANCIAL MARKETS MAY NOT BE PROFITABLE AND MAY LEAD
TO SIGNIFICANT FINANCIAL LOSSES. ANY PAST PERFORMANCES AND PROFITS OF
CUSTOMER DEMO TRADING IS NOT A GUARANTEE OR INDICATION OF ANY
MORE PERFORMANCE.
6. CHALLENGE AND FTS CHECK
6.1. After paying the fee for the selected FTS Challenge option, the Client
receive the relevant login data for the Trading Platform to the email address provided by
the Customer or in the Customer Section. The Customer activates the FTS Challenge by
opening the first demo trade on the Trading Platform. YOU ACKNOWLEDGE THAT,
WHEN OPENING THE FIRST DEMO TRADE, YOU EXPRESSLY REQUIRE THE PROVIDER
TO PROVIDE COMPLETE SERVICES. IF YOU ARE A CONSUMER, IT MEANS THAT
COMPLETION OF SERVICES BEFORE THE END OF THE WITHDRAWAL PERIOD
OF THE CONTRACT, WHICH AFFECTS YOUR RIGHT TO WITHDRAWAL
OF THE AGREEMENT AS SPECIFIED IN MORE DETAIL IN CLAUSE 12. If you do not activate the
FTS Challenge within 30 calendar days from the date it was made available for
you, your access to it will be suspended. You can request renewal of access via
Customer Section or by emailing support@futuretradingsyndicate.com within 6 months of the start date
suspension, otherwise we will terminate the provision of the Services without any right to
a refund of the fee.
6.2. In order for the Client to comply with the conditions of the FTS Challenge, the Client
must meet all of the following parameters at the same time:
6.2.1. the Client has opened at least one demo trade on at least four different
calendar days;
6.2.2. during any of the calendar days during the FTS Challenge
the Client reports a loss on any open and closed demo trades in that
day, which would exceed the percentage of the initial capital for the
respective option as described below:
FTS Challenge
in total 5% of
initial capital
6.2.3. At no time during the FTS Challenge did the Client report a loss in
any open and closed demonstration transactions, which would exceed in total
the percentage of the initial capital of the respective option as described
below:
FTS Challenge
in total, 10% of
initial capital
6.2.4. the Client makes full profit on all closed demo trades worth
at least the percentage of the initial capital of the respective option as per
Described below:
FTS Challenge FTS Challenge
Aggressive swing of the FTS challenge
in total, 10% of
initial capital
in total, 20% of the
initial capital
in total, 10% of
initial capital
The above parameters are explained in more detail here on the Site.
6.3. If the Customer has met the conditions of the FTS Challenge specified in clause 6.2, and
at the same time, did not violate these GTC, in particular the demo trading rules under
clause 5.4, the Provider will evaluate the FTS Challenge as successful and will
Verification available free of charge to the Customer by sending login data to the
Customer email address or Customer Section. The Provider does not need to evaluate the
FTS Challenge if the Client has not closed all trades.
6.4. The Client activates Verification by opening the first demo trade in Trading
Platform. If Customer does not activate Verification within 30 calendar days from
on the day the Customer received the new login data, the Customer’s access to the
Verification will be suspended. The Customer may request renewal of access through the
Customer Section or by emailing support@futurestradingsyndicate.com within 6 months of the
suspension, otherwise we will terminate the provision of the Services without any right to
a refund.
6.5. In order for the Customer to comply with the conditions of the Verification, the Customer must
meet all of the following parameters at the same time:
6.5.1. during Verification, the Client opened at least one demo trade
on at least four different calendar days;
6.5.2. during none of the calendar days during the Verification the
The client reports a loss on any open and closed demo trades in that
day, which would exceed the percentage of the initial capital for the
respective option as described below:
Verification
in total 5% of
initial capital
6.5.3. At no time during the Verification did the Customer report a loss in
sum of open and closed demo trades, which would exceed in total
the percentage of the initial capital of the respective option as described
below:
Verification
in total, 10% of
initial capital
6.5.4. The client makes full profit from all closed demo trades worth
at least the percentage of the initial capital of the respective option as per
Described below:
Verification
in total 5% of
capital In initial;
The above parameters are explained in more detail here on the Site.
6.6. In order for the Customer to comply with the conditions of the Verification, the Customer must comply with
Next:
6.6.1. The Customer has met the Verification conditions specified in clause
6.5;
6.6.2. The customer has not violated these GTC, in particular the demonstration rules
negotiation under clause 5.4; It is
6.6.3. The client has not exceeded the maximum total capital amount
allocation of USD 400,000 (USD 200,000 for the Aggressive option),
individually or in combination, per Client or per trading strategy,
within the meaning of the applicable FTS Trader Program agreement, if
The client is already participating in the FTS Trader Program.
If the above conditions are met, the Provider will evaluate the Verification as successful
and will recommend the Client as a candidate for the FTS Trader program. The provider
does not need to evaluate Verification if the Customer has not closed all transactions.
6.7. If during the FTS Challenge the Customer does not comply with any of the conditions
specified in clause 6.2.2. or 6.2.3., the FTS Challenge will be evaluated as unsuccessful,
and the Customer will not have access to the subsequent Verification. If during the
Verification that the Customer does not comply with any of the conditions specified in clause
6.5.2. or 6.5.3., the Verification will be evaluated as unsuccessful and the Customer
not be recommended as a candidate for the FTS Trader program. In these cases, the
Your account and Services will be canceled without refund of fees already paid.
6.8. The Provider does not in any way recommend the Client as a candidate for the FTS Trader Program
guarantees the Client’s acceptance into the FTS Trader Program. The Provider is not
responsible for Customer rejection from the FTS Trader Program for any or no reason.
6.9 The trader cannot risk more than 3% of the capital in a single operation.

7. FTS TRADER
If the Client is successful in both the Challenge and the Verification, the Client may be
offered a contract by a third party company, at its sole discretion, to participate in the
FTS Trader Program. The terms, conditions and agreement between the Customer and
a third-party company are strictly between the Customer and the third-party company.
FTS Evaluation Global s.r.o. is in no way involved with the FTS Trader Program
agreement – or lack thereof – signed between the outsourced company and the
Client. The Customer acknowledges that their personal data may be shared with third parties
company party for the purpose of considering the offer of such a contract.
8. USE OF THE SITE, SERVICES AND OTHER CONTENT
8.1. The Site and all Services, including the Customer Section, their appearance
and all applications, data, information, multimedia elements such as texts, drawings,
graphics, design, icons, images, audio and video samples and any other content that may
of the Site and Services (collectively, “Content”), are subject to applicable laws
protection under copyright laws and other legal regulations and are the property of
the Provider or the Provider’s licensors. Provider grants you limited, non-exclusive access,
non-transferable, non-assignable, non-assignable, revocable permission to use the
Content for the purpose of using the Services for your personal use and in accordance
for the purpose for which the Services are provided. The Content is not sold or otherwise
transferred to you and remains the property of Provider or Provider’s licensors.
8.2. All trademarks, logos, trade names and other designations are the property of
Provider or Provider’s licensors, and Provider does not grant you any authorization to
use them.
8.3. Both the Customer and the Supplier undertake to act in accordance with the principles
of fair negotiation in the execution of the contract and in mutual negotiations and, in
in particular, so as not to harm the good reputation and legitimate interests of the other party.
The Customer and the Provider will resolve any possible disagreements or disputes
between them in accordance with these GTC and applicable law.
8.4. Except for the rights expressly set out in these GTC, the Provider does not grant you any
other rights related to the Services and other Content. You may only use the Services
and other Content as set out in these GTC.
8.5. When accessing the Services and other Content, the following is prohibited:
8.5.1. use any tools that may adversely affect the operation of the
Website and Services or which are intended to take advantage of
errors, bugs or other deficiencies in the Site and Services;
8.5.2. circumvent geographic availability restrictions or any other
technical restrictions;
8.5.3. make copies or backups of the Site and other Content;
8.5.4. reverse engineer, decompile, disassemble or otherwise modify
the Site and other Content;
8.5.5. sell, rent, lend, license, distribute, reproduce, broadcast, transmit,
transmit or use the Services or other Content other than
as permitted;
8.5.6. use automated means to view r, display or collect information
available through the Site or Services; It is
8.5.7. use any other tools or means whose use may cause
any damage to the Provider.
8.6. The provisions of clause 8 are not intended to deprive the Customer of the Customer’s rights
consumer rights that cannot be excluded by law.
9. DISCLAIMER OF LIABILITY
9.1. YOU ACKNOWLEDGE THAT THE SERVICES AND OTHER CONTENT ARE PROVIDED “AS IS”
WITH ALL ITS ERRORS, DEFECTS AND FAILURE, AND THAT ITS USE IS UNTIL
YOUR SOLE RESPONSIBILITY AND RISK. TO THE MAXIMUM EXTENT PERMITTED BY
MANDATORY LAWS, THE PROVIDER DISCLAIMS ANY STATUTORY, CONTRACTUAL,
EXPRESS AND IMPLIED WARRANTIES OF ANY KIND, INCLUDING ANY WARRANTY OF
QUALITY, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR NOT
VIOLATION OF ANY RIGHTS.
9.2. TO THE EXTENT PERMITTED BY THE MANDATORY PROVISIONS OF THE APPLICABLE
LAWS, THE PROVIDER IS NOT RESPONSIBLE FOR ANY DAMAGES, INCLUDING ANY INDIRECT,
INCIDENTAL, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGES, INCLUDING LOSS
PROFIT, LOSS OF DATA, PERSONAL INJURY OR OTHER NON-MONETARY OR PROPERTY DAMAGE
DAMAGES CAUSED AS A RESULT OF THE USE OF THE SERVICES OR RELIANCE ON ANY TOOLS,
FUNCTIONALITY, INFORMATION OR ANY OTHER CONTENT AVAILABLE IN CONNECTION
WITH THE USE OF THE SERVICES OR OTHERWISE ON THE SITE. THE PROVIDER IS
IS NOT RESPONSIBLE FOR ANY PRODUCTS, SERVICES, APPLICATIONS OR OTHER
PART CONTENT THAT CUSTOMER USES IN CONNECTION WITH THE SERVICES. IN
IF THE SUPPLIER’S RESPONSIBILITY IS INFERRED IN RELATION TO THE OPERATION
OF THE SITE OR PROVISION OF SERVICES BY A COURT OF JUSTICE OR ANY
OTHER COMPETENT AUTHORITY, THIS LIABILITY WILL BE LIMITED TO THE AMOUNT
CORRESPONDING TO THE FEE PAID BY THE CUSTOMER FOR THE SERVICES IN
CONNECTION WITH WHICH THE CUSTOMER INCURRED THE LOSS.
9.3. The Provider reserves the right to modify, alter, replace, add or remove any elements
and functions of the Services at any time without any compensation.
9.4. The Provider is not responsible for its failure to provide the purchased Services if this
the failure occurs due to serious technical or operational reasons beyond the responsibility of the Provider
control, in case of any crisis or imminent crisis, natural disaster, war, insurrection,
pandemic, a threat to a large number of people or other force majeure events, and/or
if the Provider is prevented from providing the Services as a result of any obligations
imposed by law or by decision of a public authority.
9.5. The provisions of Clause 9 are not intended to deprive the Customer of the Customer’s rights
consumer rights or other rights that cannot be excluded by law.
10. VIOLATION OF THE GTC
10.1. IF YOU VIOLATE ANY PROVISION OF THESE GTC IN A WAY THAT MAY
CAUSE ANY DAMAGE TO THE SUPPLIER, IN PARTICULAR IF THE CUSTOMER ACCESSES THE
SERVICES IN CONFLICT WITH CLAUSE 1.3 OR 1.4, IF CUSTOMER PROVIDES
INCOMPLETE, FALSE OR NOT UPDATED INFORMATION IN CONFLICT WITH CLAUSE 2.3,
IF THE CUSTOMER ACT IN A WAY THAT COULD HARMFUL THE PROPERTY OF THE SUPPLIER
REPUTATION, IF THE CUSTOMER VIOLATES THE DEMO TRADING RULES IN ACCORDANCE WITH
CLAUSE 5.4, IF CUSTOMER ACTS IN CONFLICT WITH CLAUSE 8.3, AND/OR
IF THE CUSTOMER PERFORMS ANY OF THE ACTIVITIES REFERRED TO IN CLAUSE 8.5,
THE SUPPLIER MAY PREVENT THE CUSTOMER FROM REQUESTING ANY OTHER SERVICES
AND RESTRICT COMPLETELY OR PARTLY CUSTOMER ACCESS TO ALL OR ONLY
SOME SERVICES, INCLUDING ACCESS TO THE CUSTOMERS AND NEGOTIATION SECTION
PLATFORM, WITHOUT ANY PRIOR NOTICE AND WITHOUT ANY REMUNERATION.
11. COMMUNICATION
11.1. You acknowledge that all communications from Provider or its partners in connection
the provision of Services will occur through the Customer Section or your email
address, which you register with us. Written electronic communication via email
or through the Customer Section is also considered written communication.
11.2. Our contact email address is support@futurestradingsyndicate.com.
12. RIGHT TO TERMINATE THE CONTRACT
12.1. If you are a consumer, you have the right to cancel a contract without giving a
reason within 14 days after its execution (see clause 2.10 for details on the timing of execution
of the agreement). PLEASE NOTE THAT IF YOU START PERFORMING DEMO TRADES
BEFORE THE SPECIFIED TIME LIMIT EXPIRES, YOU LOSE YOUR RIGHT TO
WITHDRAW FROM THE CONTRACT.
12.2. Your termination of the contract must be sent to our email address support@futuretradingsyndicate.com
within the specified period. You can use the form template available here to withdraw.
We will confirm receipt of the form in text format without undue delay. If you
terminate the contract, we will refund you without undue delay (maximum 14 days
after your termination of the contract) all fees we receive from you, in the same
how you paid them.
12.3. The Provider has the right to terminate the contract in case of violation on the part of
Customer specified in Clause 10. Withdrawal takes effect from the day of delivery to the
via the Customer’s email address or through the Customer Section.
13. DEFECTIVE PERFORMANCES
13.1. If the Services do not correspond to what was agreed or were not provided to you,
you may exercise your rights due to defective performance. The provider does not provide
any guarantee of the quality of services. You must notify us of the defect without
undue delay at our email address or at our address listed in clause 11.2. When exercising
rights for defective performance, you may request that we remedy the defect
or provide you with a reasonable discount. If the defect cannot be corrected, you can
terminate the contract or request a reasonable discount.
13.2. We will try to resolve any complaint you may make as quickly as possible (no later than
within 30 calendar days), and we will confirm receipt and settlement in writing.
If we do not resolve the complaint in time, you have the right to end the contract.
You may file a complaint by emailing us at support@futurestradingsyndicate.com.
14. CHANGES TO THE GTC
14.1. The Provider reserves the right to change these GTC from time to time, with effect for the
contract previously concluded by the Customer. The Provider will notify the Customer
of the change in the GTC at least 7 days before the change in the GTC comes into force, through
Customer Section or by email. If the Customer does not agree to the change, the Customer
has the right to reject it. The Customer must do so no later than the last business day
before these changes take effect by sending the rejection to our email address
support@futurestradingsyndicate.com. Upon receiving such rejection, the contract will be terminated. If the
The Customer does not reject the change, the Customer is deemed to agree with the
new version of GTC.
14.2. If the change offers the Customer a new service or other additional features or this
change is exclusively for its benefit, the Provider may inform the Customer about it
change less than 7 days before the effective date of such change, but no later than the
one day before its effectiveness.
14.3. The Provider will change these GTC mainly for the following reasons:
14.3.1. introduce new services or products or change services or
products;
14.3.2. reflect the legal or regulatory requirements that apply to the Provider;
14.3.3. when the Provider will try to make these GTC easier to understand
or more useful to the Customer;
14.3.4. adjust the way our Services are provided, especially if the change
is necessary due to a change in the way technology is delivered
or background processes;
14.3.5. to reflect changes in the cost of running our business.
15. EXTRAJUDICIAL RESOLUTION OF CONSUMER DISPUTES
15.1. It is our goal that our customers are satisfied with FTS services; therefore, if
If you have any complaints or suggestions, we will be happy to resolve them directly with
you and you can contact us at our email address.
16. CHOICE OF LAW AND JURISDICTION
16.1. Any legal relationships established by or related to these GTC, as well as any related legal relationships
non-contractual legal relations will be governed by the laws of the Czech Republic.
Any dispute that may arise in connection with these GTC and/or related agreements
shall be the jurisdiction of the Czech court with local jurisdiction in accordance with
Provider’s registered office.
16.2. The provisions of clause 16.1 do not deprive consumers of the protection afforded
to them by the mandatory laws of the relevant Member State of the European Union or any
another jurisdiction.
17. DURATION AND TERMINATION OF THE CONTRACT
17.1. The contract is concluded for a fixed period until the FTS Challenge or Verification is
approved or disapproved in accordance with clause 6.2. or 6.5 respectively.
17.2. The contract may be terminated by either party early in accordance with these GTC. O
contract ends automatically and with immediate effect if the Customer during
The FTS Challenge or Verification does not open at least one demo trade during a period of
30 consecutive days.
17.3. Notwithstanding clause 17.2, the Provider may terminate this contract with just cause and
immediate effect when the provision of services under contract would affect the ability to
the Provider complies with its legal obligations or orders or decisions of a government
bodies or other regulators
17.4. Either Party may terminate this agreement without cause, upon written notice at least
7 days in advance in accordance with Clause 11 of the other Party.
18. FINAL PROVISIONS
18.1. The Provider has not adopted any consumer code of conduct.
18.2. These GTC constitute the complete terms and conditions agreed between you you and the
Provider and will supersede all previous agreements relating to the subject matter of the GTC,
whether verbal or written.
18.3. Nothing in these GTC is intended to limit any legal claims set out elsewhere in these GTC.
or arising from applicable law. If the Provider or any third party authorized to do so
does not require compliance with these GTC, this cannot in any way be interpreted
as a waiver of any right or claim.
18.4. The Provider may assign any claim arising from these GTC
or any agreement with third parties without his consent. You agree that the Provider may,
as assignor, transfer your rights and obligations under these GTC or any agreement
or parts thereof to third parties. The Customer is not authorized to transfer or assign
Customer’s rights and obligations under these GTC or any agreements or parties
thereof, or any accounts receivable arising therefrom, in whole or in part, to third parties.
18.5. If any provision of the GTC is found to be invalid or ineffective, it will be replaced
by a provision whose meaning is as close as possible to the invalid provision. The invalidity or ineffectiveness of a provision will not affect the validity of the other provisions.
No past or future practice established between the parties and no custom maintained
in general or in the sector related to the object of execution, which is
not expressly mentioned in the GTC, will apply and no rights or obligations will be
derive from them to the parties; Furthermore, they will not be taken into account
in the interpretation of the manifestations of the will of the parties.
18.6. The GTC timetables are an integral part of the GTC. In case of conflict between
the text of the main text of the GTC and any annex thereto, the main text of the GTC
will prevail.
18.7. Before mutual acceptance of these GTC, the parties have carefully evaluated
the possible risks arising from them and accept these risks.
19. DEFINITIONS, EXPRESSIONS AND ABBREVIATIONS USED
19.1. For the purposes of the GTC, the following definitions will have the following meanings:
19.1.1. “Customer Section” means the user interface located on the Site;
19.1.2. “Content” means the Site and all Services, including the Customer
Section, its appearance and all applications, data, information,
multimedia elements such as texts, drawings, graphics, design,
icons, images, audio and video samples and other content that may
form the Website and Services (as set out in clause 8.1);
19.1.3. “Customer” means the user of the Services (as set out in clause
1.1);
19.1.4. “Events” means events as set out in clause 5.4.1(f)(I);
19.1.5. “FTS Challenge and Verification Account” means trading
accounts related to business education courses provided as part of the
Services by the Provider;
19.1.6. “FTS Trader Account” means a trading account, which relates to
the FTS Trader program provided by a third-party provider;
19.1.7. “Prohibited Business Practices” means strictly prohibited business practices
prohibited while using our Services and are further detailed in Section
5.4 of these GTC;
19.1.8. “GTC” means these FTS General Terms and Conditions;
19.1.9. “Provider” means the provider of certain Services (as set forth
in clause 1.1);
19.1.10. “Schedules” means Schedule 1 and any other Schedules as
applicable, which form part of these GTC;
19.1.11. “Services” means the Provider’s services as set out in clauses 1.1
and 1.5;
19.1.12. “Trading Platform” means an electronic interface provided
by a third party in which the Client performs demo trading;
It is
19.1.13. “Site” means the website www.futurestradingsyndicate.com.
19.2. For the purposes of the TCG and its schedules, the following expressions
and abbreviations will have the following meanings:
19.2.1. “civil day” means the period between midnight and midnight
of the time currently valid in the Czech Republic (Central Europe
Timetable (Summer), CE(S)T);
19.2.2. “initial capital” means a fictitious amount that the Customer has
chosen when selecting the FTS Challenge option and which
which the Client will use to carry out demo trades;
19.2.3. “CZK” means Czech koruna;
19.2.4. “EUR” means the euro;
19.2.5. “USD” means the United States dollar;
19.2.6. “GBP” means the pound sterling;
19.2.7. “CAD” means the Canadian dollar;
19.2.8. “AUD” means the Australian dollar;
19.2.9. “NZD” means New Zealand Dollar; It is
19.2.10. “CHF” means the Swiss franc.