Proptradetech terms and conditions – Rocket21

Terms and conditions – technology access and trader assessment program

1. When do these terms apply

These terms and conditions (terms) are agreed between you and Prop Trade Tech Pty Ltd (ABN 71 661 045 950) (the company) and set out the terms and conditions that apply to your account and your use of the services (including under an assessment program or as a funded trader or ancillary services associated with either or both). These terms are effective immediately on successful registration of your account and continue until terminated or you stop using the services in accordance with clause 18.

By registering your account and using the services, you expressly acknowledge and agree that you have read, understood, and agree to be bound by these terms.

2. What you are signing up for

2.1 Assessment of trading skill

(a) By establishing an account and paying the access fee, you are agreeing to have your trading skills assessed by the company in a proprietary demonstration environment (developed by the company) and against the assessment criteria corresponding to your chosen assessment program.

(b) You will be provided with access to the trading platform which you will use to conduct your trades for assessment by the company against the assessment criteria.

2.2 Funded trader

(a) If your trading skills are sufficiently proficient and you satisfy the assessment criteria, the company may offer you a role as a funded trader (which you may accept or decline). There is no guarantee that you will be offered such a role, irrespective of whether you satisfy the relevant assessment criteria.

(b) As a funded trader, the company will allocate to you a bankroll (the amount of which will correspond to your assessment program) from which you will conduct trades with the aim of making a notional net profit for each trading period.

3. Preliminary matters

3.1 Amendments to these terms

The company may vary these terms at any time, including to ensure compliance with legal and regulatory requirements, to protect its systems, processes and other users’ services (including other funded traders), and to otherwise ensure the delivery of services can continue in a commercially reasonable and sustainable way.

Where such changes materially affect the services or their delivery, you will be notified in writing before the changes are implemented or as soon as practicable after they are implemented.

4. Residency acknowledgement and disclaimer

You acknowledge, warrant, and agree that you are not, and will not at any time during your use of the services be, a citizen or resident (permanent or otherwise) of a restricted territory. You acknowledge and agree that it is your sole responsibility to ensure you comply with any laws and are permitted to use the services and fully indemnify the company and its personnel from any loss, damage, or liability arising out of or in connection with the establishing of your account or your use of the services being unlawful or not being permitted in any jurisdiction, including your country of citizenship or residency.

Contact us

For further inquiries, you can contact the company at [email protected].