This Client Agreement (“Agreement”) is made and entered into between the Customer and Bullfy Limited (“Bullfy Limited”), a company duly incorporated under the laws of Saint Lucia, with registration number 2025-00353 and address at Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia.
By registering on this website and agreeing to these Terms of Service, you confirm and warrant the following:
Violation of these Terms will result in the immediate termination of your access to the Services.
We aim to provide accurate, complete, and up-to-date information on our website. However, some content may be derived from third-party sources, and we do not guarantee its accuracy, completeness, or timeliness. The material provided on this site is for general informational purposes only and should not be relied upon as the sole basis for making decisions. Users are encouraged to verify all information through independent and reliable sources before acting upon it. The website may contain historical information, which is provided solely for reference and may not reflect the most current circumstances. We reserve the right to modify the content of this site at any time without prior notice, but we are under no obligation to update outdated material. It is the user's responsibility to regularly review the website and remain informed of any changes.
By using this website, you acknowledge and agree that any reliance on the content is at your own risk. If you have questions or require clarification, you may contact us via the Company’s official email address or via the messaging system in the Personal Cabinet.
You are solely responsible for maintaining the confidentiality and security of your account, including your username, password, and any other login credentials. You agree to immediately notify the company of any unauthorized access to your account or any breach of security.
During the Challenge phase, all trading activities conducted by the Client occur on simulated accounts. These accounts replicate real market conditions to a high degree but do not involve actual monetary transactions or risks to real funds. The Challenge phase serves as an assessment period to evaluate the Client’s trading skills, discipline, and adherence to risk management principles within a simulated environment. Performance during this phase determines eligibility for progression to the funded account stage but does not represent real trading outcomes.
By participating in the Challenge phase, the Client acknowledges and agrees to the following:
Upon successfully completing the Challenge phase, eligible Clients may be granted a Funded Account. This account is a live trading account funded by Bullfy Limited or its affiliates, allowing Clients to trade with real funds under specific conditions.
Please note that the information provided herein is not exhaustive and should not be relied upon in isolation. These general terms are intended to offer an overview and must be read in conjunction with the specific product policies available on our official Help Centre.
Each product policy contains comprehensive details, conditions, and operational guidelines that govern the respective offering. For complete understanding and to ensure compliance, clients are strongly advised to review the full policy documentation related to any product or service they intend to use.
We reserve the right to modify, update, or discontinue any aspect of our services at our discretion, including changes to pricing. Any changes will be reflected on our website, and it is your responsibility to regularly check for updates.
While we make every effort to maintain consistency, we cannot guarantee that prices, services, or features will remain the same over time. All adjustments will be communicated as applicable, and such modifications will take effect immediately or as otherwise specified.
You agree to provide accurate, complete, and up-to-date information for your account, including but not limited to your personal details, contact information, and billing information. It is your responsibility to ensure that all information submitted to us is correct and current. We reserve the right to reject any order placed with us. At our sole discretion, we may limit or cancel the quantity of items purchased per person, household, or order. Orders associated with the same customer account, payment card, and/or billing or delivery address may be subject to these limitations.
If we modify or cancel an order, we will make reasonable efforts to notify you by contacting the email address or phone number provided at the time of the transaction. For all account purchases made on our site, you agree to provide current, accurate, and complete information regarding your account and purchases. You are responsible for keeping your account information, including email address, credit card details, and expiration dates, up to date to ensure that transactions can be processed and you can be contacted as necessary.
While we strive to ensure the accuracy and reliability of the information provided on our website and in our Service, there may be rare instances where typographical errors, inaccuracies, or omissions occur. These may include, but are not limited to, product descriptions, prices, promotions, offers, and so on. Such errors may arise due to various factors, including technical issues, human error, or system glitches.
In the event of any errors or inaccuracies, we reserve the right, at our sole discretion, to:
Please note that we are not obligated to update, revise, or clarify any information in the Service or on any associated website unless required by law. This includes, without limitation, price information or other details related to our products and services. Furthermore, the Service and connected websites may not indicate specific dates for when updates or revisions were made.
Therefore, we do not guarantee that all content is current or has been reviewed or updated at regular intervals. You acknowledge and agree that any reliance on outdated or inaccurate information on our website is solely at your own risk.
12. PROHIBITED ACTIVITIES
12.1 By using and purchasing the services provided by the company, you agree to refrain from engaging in the following prohibited activities:
The Customer is prohibited from conducting trades that contravene the stipulations outlined in this section or the FAQ. Any trades that are in violation of these stipulations are strictly forbidden. The Customer must adhere to the rules and guidelines set forth in this section, as well as those established by the FAQ when utilizing the Services.
The Customer must not intentionally or unintentionally use trading strategies that exploit errors in the Services, such as inaccuracies in displayed prices or delays in their updates, including but not limited to practices commonly known as Latency Trading.
Executing trades using an external or slow data feed or performing gap trading is prohibited for the Customer.
Engaging, either alone or in cooperation with others, in any trades or combinations of trades across connected accounts or accounts held within the platform, if the purpose is to manipulate trading, commonly referred to as "Group Trading," is forbidden. Examples of such manipulation include entering into opposite positions simultaneously.
The use of Expert Advisors, bots and other automated systems is permitted on all accounts, products and phases, provided they fully comply with Bullfy's rules. Commercial bots that autonomously execute a strategy, publicly distributed bots and mass-use bots are prohibited. Using an automated system does not modify, limit or exclude the application of these rules: every trade opened, modified or closed through such a system is subject to the same rules as the rest of the trading. Trading that exploits latency differences, abnormal spreads, quote errors, execution errors or any other technical inefficiency of the platform remains prohibited.
Performing arbitrage (of any kind), including but not limited to triangular arbitrage, statistical arbitrage, latency arbitrage, market-making arbitrage, spatial arbitrage, pairs trading arbitrage, risk arbitrage, convertible arbitrage, volatility arbitrage, dividend arbitrage, tax arbitrage, yield curve arbitrage, or any other form of arbitrage that may exploit pricing differences between different markets or exchanges, is prohibited for the Customer.
Performing trades that are inconsistent with typical forex or any other financial market operations is prohibited for the Customer. They should also avoid any activities that may cause financial or other harm to The Provider, such as over-leveraging, over-exposure, HFT, making one-sided bets, or account rolling. Engaging in any of these activities may raise valid concerns about intentionally harming The Provider.
Copy trading. Copying or replicating trades is permitted only between accounts belonging to the same holder. Copying or replicating trades between accounts belonging to different holders is prohibited, whether directly or through intermediary accounts, systems or services, and a family, personal, professional or commercial relationship between Clients does not make it permissible. This applies regardless of the program, platform, copier or procedure used. In the Funded phase, a single holder may copy trades across a maximum of two Bullfy accounts, and the combined initial capital of those accounts may not exceed USD 200,000.
The Customer, or any third party, is prohibited from participating in or collaborating to have a third party execute trades for the Customer, whether such third party is a private individual or a professional, or to permit access to or trading on their Bullfy Limited Challenge Account by any third party.
Accessing any third-party Bullfy Limited Challenge Account, trading on behalf of any third party, or conducting any account management or similar services where the Customer commits to trade, run, or manage a Bullfy Limited Account on behalf of another user, whether professionally or otherwise, is prohibited for the Customer.
Opening a trade with a larger lot size than the Customer's other trades is not in itself a breach. The same applies to taking a significant part of the profit in a single trade, placing many trades in a short period, trading without a Stop Loss, increasing the lot size after a loss, changing instrument, session, direction or strategy, and to martingale, grid or averaging strategies. All of these are permitted provided they comply with the risk limits, the trading-coherence rule and the remaining applicable rules.
Maximum risk per trade idea. The maximum risk permitted for each trade idea is 3% of the equity recorded at the moment the idea begins. Trades on the same instrument and in the same direction that belong to the same trading cycle are grouped together and treated as a single idea. Within that limit, Clients are free to structure their trading as they see fit, including multiple entries, scaling positions up or down, averaging, grid or martingale-style position management. Risk may reach exactly 3%; a breach occurs when that limit is exceeded, even by a minimal amount.
Bullfy Limited retains the exclusive right to impose trading restrictions, modify account parameters, or terminate trading accounts at its sole discretion to ensure the stability and integrity of its trading environment and platform. This right may be exercised under circumstances including, but not limited to:
Bullfy Limited may impose restrictions to ensure compliance with applicable regulatory requirements, operational protocols, or internal policies designed to maintain a secure trading environment.
To maintain transparency and ensure effective management of trading practices, Bullfy Limited will take the following actions when implementing trading restrictions or modifications:
If any or all of the Prohibited Trading Practices are carried out on one or more Bullfy Limited Accounts of a Customer or on accounts of different Customers, or by combining trading through Bullfy Limited Accounts and any Bullfy Limited Accounts, The Provider is entitled to cancel all Services and terminate all relevant contracts in respect of all Bullfy Limited Challenge Accounts of the Customer. The Provider may take any actions set forth in this section at its sole discretion. In such a case, the Customer shall not be entitled to a refund of the fees paid.
Hedging between accounts. Holding opposing positions within the same Bullfy account is permitted. Such positions do not require prior authorisation, but each must independently comply with all other rules applicable to the account and its phase.
What is prohibited is hedging between different Bullfy accounts: the use of related opposing positions across separate accounts in order to neutralise, offset or transfer market exposure or its result. This applies regardless of whether the positions end in profit, loss or a neutral result, and covers in particular:
Using different accounts, settings or procedures does not make hedging between separate accounts valid.
Independent strategies. Opposing positions held across different accounts are not in themselves a breach where they result from genuinely independent strategies and no hedging relationship exists between them. Bullfy will review the trading activity to determine whether the positions reflect independent decisions or form part of a strategy intended to neutralise, offset or transfer exposure.
Investigation. Where Bullfy identifies indications of hedging between accounts, it may request from the Client any information it considers necessary to analyse the trading activity. If the requested information is not provided, Bullfy may resolve the matter on the basis of the data, records and evidence available.
"Major news" refers to any event marked with a red folder in the Forex Factory economic calendar. Forex Factory is the only official source used to apply this rule.
Exceptions: a pending order placed before the window may still trigger inside it. Closing inside the window is permitted only where the trade is at least 60 full minutes old when closed at a net loss, or at least 24 hours old when closed at a net profit or at a net zero result.
The Customer may modify or remove the Stop Loss and Take Profit during the window, and remains responsible for ensuring that any close caused by those levels meets the age and result rules above. A Stop Loss activating or moving automatically through Break Even or Trailing Stop is not in itself a breach.
A breach results in removal of the account.
Risks of Trading During News:
To uphold market integrity, opening and closing positions on the affected instruments is prohibited within five (5) minutes before and five (5) minutes after a red-folder release on the Forex Factory economic calendar. Affected instruments are those linked to the currency of the news.
Examples of Restricted Events Include:
Failure to comply with this clause may result in immediate profit disqualification, trade cancellation, account suspension, or permanent termination of your account and services, and the Company reserves the right to pursue legal actions if necessary.
Clients may be eligible for a refund of their initial deposit if they meet the following performance criteria:
Any disputes or disagreements between the Parties regarding the execution and settlement of transactions involving products of the company, or any other actions outlined in this Agreement, must first be addressed through mutual settlement. If the Parties are unable to reach a resolution, the matter will be subject to legal proceedings in accordance with the claim procedure outlined below.
Claims will be accepted for review by the Company within 2 (two) business days from the moment the Client becomes aware, or should have become aware, of the dispute. Failure to submit a claim within this time frame may result in rejection. The total period for reviewing a claim will not exceed 5 (five) business days from the receipt of the last required document.
The Company reserves the right to suspend all or part of the Client’s account activities during the claim review process, pending resolution of the dispute or until an interim agreement is reached between the Parties.
You agree to indemnify, defend, and hold harmless the Company, its directors, officers, employees, agents, affiliates, and any other associated parties, from and against any and all claims, damages, liabilities, costs, expenses (including reasonable attorney's fees), or losses arising out of or in any way connected with:
This indemnification obligation shall survive the termination of these Terms of Service and your relationship with the Company.
The Company provides the website, products, and services "as is" and "as available," without any warranties or representations, express or implied, including but not limited to:
To the fullest extent permitted by applicable law, the Company shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages, or any loss of profits, revenues, or business opportunities arising from your use of the website, products, or services, regardless of whether such damages are based on contract, tort (including negligence), or any other legal theory. This includes but is not limited to damages caused by:
The Company may provide access to third-party websites, services, or content. The Company does not control, and is not responsible for, any third-party materials or actions. By using such third-party services, you agree to indemnify the Company for any loss or damage resulting from your interaction with those services. The inclusion of links or references to third-party services does not imply any endorsement or warranty by the Company.
In the event that any provision of these Terms of Service is determined to be unlawful, void, or unenforceable under applicable law, such a provision will be enforced to the maximum extent permissible, ensuring its purpose is preserved as closely as possible. The portion deemed unenforceable will be treated as removed or severed from these Terms of Service, but this severance will not affect or impair the legality, validity, or enforceability of the remaining provisions.
This means that the remainder of the Terms of Service will continue to be fully operational and binding, ensuring that the overall agreement remains intact and enforceable. The severance of any single provision shall not undermine the parties' intent to comply with the rest of the agreement or diminish their obligations under the unaffected provisions. This ensures that the Terms remain functional and effective, even if minor adjustments are necessary due to legal constraints.
The Customer acknowledges and agrees that once the fee for the selected product or service offered by the Company has been paid, no refunds will be issued. This policy applies regardless of whether the Customer chooses to use the provided product or fails to do so. The Company’s refund policy ensures transparency and fairness in its business operations while maintaining the integrity of the services provided.
Upon successful payment, the Customer will receive access to the purchased product or service. This includes the delivery of relevant login credentials for the Trading Platform or any other digital tools associated with the selected option. These credentials will be sent to the email address provided during registration or made available within the Client Section of the Company's platform.
The non-refundable nature of the fees reflects the immediate allocation of product, and support that are dedicated to facilitating the Customer's access to the Company’s services. Customers are therefore advised to carefully review their selected option and understand the terms and conditions before proceeding with payment. If you encounter any issues with accessing your product or service, or if you require assistance with login credentials, you may contact us via the Company’s official email via the messaging system in the Personal Cabinet. We are committed to resolving technical or administrative concerns to ensure a seamless experience.
The termination of this agreement does not absolve either party of their responsibilities or liabilities that were incurred prior to the termination date. All obligations, rights, and liabilities that have accrued under these Terms of Service will survive termination, ensuring that any unresolved matters or claims are appropriately addressed.
These Terms of Service will remain in full force and effect unless and until terminated by either party. You may terminate these Terms at any time by notifying us of your decision to cease using our Services or by discontinuing your access to our website.
We reserve the right to terminate this agreement at any time and without prior notice if we determine, or have reasonable grounds to suspect, that you have violated any term or provision of these Terms of Service. Upon termination, you will remain responsible for settling any outstanding amounts owed to us up to and including the date of termination.
Additionally, we may take steps to restrict or deny your access to our Services (or any part of them) as a result of such violations. Termination is a necessary recourse to maintain the integrity and proper functioning of our platform and Services, ensuring compliance with the terms outlined in this agreement.
Clients may request a review of any trading restrictions or account actions imposed by Bullfy Limited. Each appeal will be evaluated on a case-by-case basis. However, Bullfy Limited reserves the right to uphold its original decision if deemed necessary to protect the integrity of its trading environment.
Bullfy Limited shall not be held liable for any direct, indirect, incidental, or consequential losses or damages arising from the enforcement of trading restrictions or account terminations. By using the platform, Clients agree to indemnify and hold Bullfy Limited harmless against any claims, disputes, or liabilities resulting from such actions.
This Agreement is governed by and construed in accordance with the laws of the Company's jurisdiction, without regard to any conflict of law principles. All actions, transactions, and services provided under this Agreement are deemed to take place within the Company's jurisdiction.
The Client irrevocably agrees to the following: