Terms of service
General Terms of Use
Preamble
The website fundora-trading.com (hereinafter referred to as “this Website”) is operated by Quantum Fund Traders Inc. (10F, Hibiya Fort Tower, 1-1-1 Nishi-Shimbashi, Minato-ku, Tokyo; hereinafter referred to as “the Company” or “Fundora”). The Company provides to users (hereinafter referred to as “Users”) the information, tools, and services (hereinafter referred to as “the Services”) offered on this Website and its related websites, on the condition that Users agree to all the terms, policies, and notices set forth in these Terms of Use.
By using this Website, Users are deemed to have agreed to be bound by these Terms of Use and any additional conditions or policies. These Terms apply to all users of the Website, including vendors, customers, and content contributors.
1. Application of Terms of Use
Please read these Terms of Use carefully before accessing this Website or using the Services. By accessing or using any part of this Website, you agree to these Terms and enter into a binding agreement (hereinafter referred to as the “Agreement”) with the Company. If you do not agree to all the terms and conditions of these Terms of Use, you may not access the Website or use the Services.
2. Eligibility for the Services
The Services are intended only for adults (18 years or older) residing in countries where the Services can be legally used under applicable laws. By registering on this Website, you represent and warrant that you are of legal age. Minors are not permitted to use the Services.
You understand and agree that the Services may be restricted or prohibited by law in some countries or regions, and you shall comply with all applicable laws when using the Services.
3. Modifications to the Terms of Use
Any new features or tools added to the Website shall also be subject to these Terms of Use. The Company reserves the right to revise, update, or modify these Terms of Use at any time. By continuing to use or access the Website after such changes have been made, you are deemed to have accepted the updated Terms.
4. Disclaimer
The Services do not constitute regulated investment services and are not intended to provide investment advice or recommendations. The Company does not provide trading advice, instructions, investment tools, or investment-related recommendations. Furthermore, the Company will not respond to any request from users seeking such advice or recommendations.
Employees, staff, or representatives of the Company are not authorized to provide investment advice or recommendations. Therefore, any statements or information provided by employees, staff, or representatives of the Company shall not constitute investment advice or recommendations. The Company assumes no responsibility for such statements or information.
5. System and Third-Party Access
The Company may grant temporary access to the Website to third parties for the purpose of troubleshooting or system maintenance. These accesses are strictly monitored and will be revoked upon the completion of the necessary tasks.
6. Purpose of the Services
The Services are intended solely for the purpose of user evaluation and education. They are not intended to provide investment advice or trade execution services. Registration fees grant users access to the Fundora platform, the evaluation program, and the Services, but do not guarantee any investment or trading opportunity.
7. Headings
The section headings used in these Terms of Use are for convenience only and shall not limit or otherwise affect the interpretation or scope of the provisions.
Main Provisions
Article 1 (User Representations Regarding Use of Service)
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Users represent and warrant that they are at least 18 years of age, have full legal capacity to enter into binding agreements, and possess the legal qualifications to use the Service in accordance with applicable laws.
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Users must not use the Service for any illegal or unauthorized purposes.
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Users agree to comply with all applicable laws, including but not limited to Japanese law and the laws of their country or region of residence (including copyright laws).
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If a User violates these Terms, the Company reserves the right to suspend or terminate access to the Service without prior notice.
Article 2 (General Conditions)
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The Company reserves the right to refuse Service to any user at any time, for any reason.
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Users acknowledge and agree that their personal information (excluding credit card information) may be transferred unencrypted to affiliated companies in connection with the provision of the Service.
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Users agree not to reproduce, copy, sell, resell, or exploit any part of the Service or information on the Website (including contact details) without the Company’s prior written permission.
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The scope of available services (such as analysis tools) may vary depending on the plan selected. Service fees vary based on the following factors. Final pricing is determined by the plan selected at the time of order: i. Range of educational materials (guidelines, webinars, videos, etc.) ii. Initial amount of virtual funds (capital) iii. Permissible risk limits (e.g., maximum drawdown) iv. Parameters required to meet service conditions v. Other configuration elements
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The Company may offer the Service under individual agreements with users. Such individual terms shall be determined at the Company’s sole discretion. Unless explicitly stated otherwise, multiple discounts and benefits cannot be combined.
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Fees are paid in exchange for access to the Service and educational content. As a general rule, fees are non-refundable. If a User disputes a payment through chargeback or other methods, the Company may, at its discretion, suspend or deny further Service.
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Users are responsible for obtaining all necessary equipment and software to use the Service, at their own cost. While the Website is accessible via standard web browsers, the Company does not guarantee compatibility with any specific device or software. The Company does not charge any additional fees for internet access.
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The Company reserves the right to modify or discontinue the Service or any part thereof without prior notice. The Company is not liable for any damages arising from such changes.
Article 3 (Trading Platform, Client Zone, and Fundora Demo Account)
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The Company operates a trading platform and related tools ("Trading Platform") for simulated trading in foreign exchange and other financial markets. Users agree to comply with the trading rules and objectives specified on the Website. The Trading Platform includes a "Fundora Demo Account" ("Demo Account").
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Users understand and agree that trading conducted on the Trading Platform is simulated and does not involve actual market transactions. Virtual currency is used, and no real funds are traded. Separate contract terms apply to the purchase and use of Demo Accounts.
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The Client Zone, part of the Trading Platform, functions as a dashboard for Users to review demo account details, request payout of information fees (rewards), access learning materials and videos, and manage profiles.
Article 4 (Rules for Demo Trading)
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Users may engage in demo trading freely unless such actions fall under prohibited strategies or trades as defined in these Terms. However, restrictions may apply depending on the selected plan.
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The Company and its partner companies ("Partner Companies") may access information about Users’ demo trading activity. Partner Companies are those that are connected to the Company's system for purposes of real-time monitoring, verification, and evaluation.
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Users consent to the sharing of demo trading information with affiliated individuals or entities in accordance with applicable laws and the privacy policy. Users acknowledge that they have no right to compensation or profit sharing from the use of such data.
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The Company does not provide investment advice or recommendations under any circumstances related to demo trading.
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Users may suspend demo trading on the Trading Platform at any time.
Article 5 (Prohibited Strategies and Trading Practices)
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Users must always use their own trading strategies and may not rely on third-party signals, bots, or software. Trades must be conducted based on real market conditions using effective, legitimate strategies. Exploiting demo account conditions or engaging in any form of arbitrage is strictly prohibited.
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The following actions are strictly prohibited (collectively "Prohibited Trading"): i. Exploiting pricing errors, delays, or system bugs (e.g., latency arbitrage, reverse arbitrage, tick scalping, high-frequency trading) ii. Using automation services, robots, or Expert Advisors (EAs) to pass evaluation phases, or exploiting technical flaws in the platform iii. Copy trading or using third-party systems for trade replication iv. Transferring or delegating demo account access to third parties v. Using IP addresses from multiple countries or masking IPs (must match billing region) vi. Executing transactions based on external data feeds vii. Forming groups to perform hedging arbitrage or counter-trading with multiple accounts viii. Using Martingale strategies ix. Front-running trades on other markets x. Violating the terms of use of partner brokers xi. Engaging in strategies inconsistent with real FX market practices, or harming partner brokers xii. Exceeding the limit on open orders as defined in the FAQ xiii. Any other actions defined as prohibited in the Website or FAQ
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If any prohibited trading is detected, the Company may deem the User ineligible for the Fundora Program.
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In case of Prohibited Trading, all demo accounts may be suspended without notice. Users will forfeit any rights to payouts or refunds.
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The Company uses automated systems to detect Prohibited Trading and fraud, as detailed on the Website and FAQ.
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Before granting pro accounts or processing withdrawals, the Company may assess trading activity for violations.
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If Prohibited Trading is confirmed, pro accounts will not be granted, and no new demo accounts may be opened.
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If Users place unusually frequent orders in a short period, the Company may issue warnings. Continued abnormal behavior may result in account suspension.
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If the Company determines a User’s conduct is linked to Prohibited Trading, appropriate measures will be taken.
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The Company reserves the right to reasonably define and interpret the scope of Prohibited Trading at its discretion.
Article 6 (Phases 1 and 2)
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Upon payment, Users will receive login credentials for the trading platform and Client Zone at the email address registered or designated. The Service is activated when Users log in for the first time or place their first trade on the Demo Account.
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The Service consists of Phase 1, Phase 2, and Phase 3 (pro account). Progression depends on satisfying the evaluation criteria published on the Website. Evaluation occurs daily at 24:00 JST.
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Users may request evaluation review at any time via the Client Zone or by emailing support@fundora-trading.com.
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If the demo account is not activated within 30 days of becoming available, or if no trading is recorded for 30 consecutive days, the Service may be terminated without refund.
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Violation of the Terms or program conditions during the evaluation will result in disqualification and invalidation of demo accounts, with no refunds.
Article 7 (Phase 3 – Pro Account)
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Users who pass Phase 1 and Phase 2 and submit the Company’s Pro Trader Declaration Form may be granted access to Phase 3 (Pro Account).
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Additional terms specific to Phase 3 will be emailed to Users. Users must agree to these terms.
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Phase 3 begins upon placement of the first trade.
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The Company conducts KYC due diligence and adheres to international AML/CFT standards. Discrepancies or concerns may result in refusal of contract or service.
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The Company does not guarantee progression to or retention of Phase 3. Users who fail to meet the requirements assume full responsibility.
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Failure to provide KYC/AML/CFT documentation or reasonable explanation may result in termination of Pro or Demo accounts.
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Article 6(4) applies to Pro Accounts.
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Users acknowledge: i. Each party bears its own transaction fees on payouts. ii. Phase 3 payouts are based on exchange rates at the time of transfer, not the request date. No additional compensation will be paid for delays.
Article 8 (Accuracy, Completeness, and Timeliness of Information)
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The Company strives to maintain accurate information but makes no guarantee of its accuracy, completeness, or currency. Users bear sole responsibility for relying on such information.
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Contact support@fundora-trading.com with any concerns about information accuracy.
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Historical information may appear on the Website for reference and is not guaranteed to reflect current data. The Company reserves the right to change content but is not obligated to update it.
Article 9 (Service and Pricing Changes; Payment Terms)
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All fees include applicable taxes. Phase 3 payouts may incur tax liabilities per applicable law, which are the User’s responsibility.
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Fees may be paid via credit card or other payment methods offered on the Website.
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Payments via card or express checkout are processed immediately. Failure to pay on time may result in order cancellation.
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Users must bear all transaction fees imposed by the chosen payment service provider.
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Phase 3 payouts are only made to accounts in the User’s name. Third-party payments are not permitted. Additional KYC may be required.
Article 10 (Products or Services – Where Applicable)
The Company reserves the right to limit sales of its products or services to individuals or regions without obligation. Product descriptions and pricing may change at any time without notice. The Company may discontinue any product or service at any time. Offers on the Website are void where prohibited. The Company does not guarantee that purchased products, services, or information will meet expectations or that Service errors will be corrected
11. Accuracy of Billing and Account Information
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The Company reserves the right to refuse any order placed by the User. At the Company’s sole discretion, it may limit or cancel quantities purchased per person or per order. These restrictions may include orders placed under the same customer account, credit card, billing address, or shipping address. If an order is changed or canceled, the Company may notify the User via the email, billing address, or phone number provided at the time the order was made. The Company also reserves the right to limit or prohibit orders that, in its sole judgment, appear to be placed by dealers, resellers, or unauthorized distributors.
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The User agrees to provide current, complete, and accurate purchase and account information for all purchases made on the Website. The User agrees to promptly update account information, including email address, credit card numbers, and expiration dates, so that transactions can be completed and contact made as needed.
12. Third-Party Tools and Future Services
The Company may provide access to third-party tools which it neither monitors nor controls. The User acknowledges and agrees that such access is provided “as is” and “as available” without any warranties or conditions of any kind. The Company shall have no liability whatsoever arising from or relating to the User’s use of third-party tools. Use of such tools is entirely at the User’s own risk and discretion. Users should ensure they are familiar with and approve of the terms under which such tools are provided by the relevant third-party provider(s).
13. Third-Party Links
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Certain content, products, and services available via the Service may include materials from third parties. The Website may also contain links to third-party websites that are not affiliated with the Company.
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The Company does not examine or evaluate the content or accuracy of third-party materials or websites and does not warrant or assume any liability for any third-party materials or websites, or for any other materials, products, or services of third parties.
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The User is responsible for reviewing and understanding the policies and practices of any third party before engaging in any transaction. Complaints, claims, concerns, or questions regarding third-party products should be directed to the third party.
14. User Comments, Feedback, and Submissions
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If, at the Company’s request, Users submit specific submissions (e.g., contest entries) or, without a request, send creative ideas, suggestions, proposals, plans, or other materials (collectively, "Comments"), the User agrees that the Company may, at any time, without restriction, edit, copy, publish, distribute, translate, or otherwise use such Comments in any medium. The Company is under no obligation (1) to maintain Comments in confidence; (2) to pay compensation for any Comments; or (3) to respond to any Comments.
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The Company may, but is not obligated to, monitor, edit, or remove content that it determines in its sole discretion to be unlawful, offensive, threatening, defamatory, pornographic, obscene, or otherwise objectionable, or that violates any party’s intellectual property or these Terms.
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The User agrees that Comments will not violate any right of any third party, including copyright, trademark, privacy, personality, or other personal or proprietary rights. Comments must not contain libelous, unlawful, abusive, or obscene material or any computer virus or malware. The User must not use a false email address, impersonate another person, or mislead the Company or third parties. The User is solely responsible for the accuracy and content of their Comments. The Company assumes no liability for any Comments posted by Users or third parties.
15. Intellectual Property Rights
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Copyrights for content on this Website or through the Service belong to the Company or authorized third parties. Unauthorized use (including reproduction, distribution, transmission, transfer, or adaptation) is prohibited, except as permitted by copyright law. Users are granted the right to use such content only within the permitted scope.
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The Company does not grant any license or transfer of patent, design, or other intellectual property rights related to any work made available through the Website or the Service. No warranties are given regarding the content of such works.
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Information such as services and technologies provided through the Website or Service are protected by copyright, industrial property rights, and other laws relating to intellectual property.
16. Handling of Personal Information
User personal information is handled in accordance with the Company’s Privacy Policy.
17. Errors, Inaccuracies, and Omissions
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The Website or Service may contain typographical errors, inaccuracies, or omissions related to product descriptions, pricing, promotions, offers, shipping charges, transit times, and availability. The Company reserves the right to correct such errors, inaccuracies, or omissions, and to change or update information or cancel orders without prior notice, including after an order has been submitted.
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The Company is under no obligation to update, amend, or clarify information (including pricing), except as required by law. The absence of a specified update date does not mean all information has been modified.
18. Prohibited Uses
In addition to other prohibitions in the Terms, the User is prohibited from using the Website or its content:
i. For unlawful purposes
ii. To solicit others to perform or participate in unlawful acts
iii. To violate international, federal, provincial, or state regulations, rules, laws, or local ordinances
iv. To infringe upon the Company’s or others’ intellectual property rights
v. To harass, abuse, insult, harm, defame, slander, intimidate, or discriminate based on gender, sexual orientation, religion, ethnicity, race, age, national origin, or disability
vi. To submit false or misleading information
vii. To upload or transmit viruses or malicious code that will affect the functionality of the Service or the Internet
viii. To collect or track the personal information of others
ix. To engage in spamming, phishing, pharming, pretexting, scraping, or crawling
x. For any obscene or immoral purpose
xi. To interfere with or circumvent the security features of the Service, Website, or the Internet
19. Disclaimer, Warranties, and Limitation of Liability
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The Company does not guarantee uninterrupted provision, timeliness, safety, or error-free operation of the Service. It also makes no warranty regarding the accuracy or reliability of results obtained from the use of the Service. Users agree that the Company may suspend or terminate the Service at any time without prior notice.
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Users agree to use the Service at their own risk. Unless expressly stated otherwise, all products and services offered through the Service are provided "as is" without any warranties, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, durability, title, or non-infringement. Users understand and accept that the Service may contain errors or inaccuracies. The Company disclaims all warranties to the maximum extent permitted by applicable law.
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The Company, its directors, officers, employees, affiliates, agents, contractors, interns, suppliers, service providers, or licensors shall not be liable for any damages, whether in contract or tort (including negligence), including but not limited to:
i. Direct, indirect, incidental, punitive, special, or consequential damages;
ii. Loss of profits, revenue, savings, data, or replacement costs;
iii. Damages arising from the use of or inability to use the Service or any products obtained through the Service;
iv. Errors, omissions, or damages resulting from the transmission of information via the Service.
In jurisdictions where limitation or exclusion of liability is not permitted, the Company's liability is limited to the maximum extent permitted by law.
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The Company is not responsible for damages arising from the use of the Service, tools, functions, information, or content available on the Website. If liability is recognized by a court, compensation shall not exceed the amount the User paid for the Service in question.
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All information on the Website is provided for research purposes related to financial markets and does not constitute investment advice. Opinions, news, analyses, and price data are general commentary and should not be relied upon for investment decisions.
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The Company is an educational and evaluation-based organization and does not accept deposits or provide financial services. Accounts provided through the Service use virtual funds and are operated in a simulated environment with no real financial value. The Company is not a broker.
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Demo accounts are simulations based on real market conditions but are not real trading accounts.
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Simulated trading results are limited in that they may not reflect real market conditions such as liquidity or other factors, and may include adjusted data. Results do not guarantee past or future profitability.
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Traders displayed on the Website are examples, and only selected traders with permission are shown. Displayed performance is based on past simulations and does not guarantee future results. Trading financial instruments involves significant risk and may not be suitable for all investors.
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The Company does not engage in the following transactions:
i. Transactions involving the exchange of amounts based on differences from pre-agreed values for securities or currencies;
ii. Transactions involving compensation based on spreads between opening and closing prices of forex or other financial indices.
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The Company does not charge fees during Phase 3. The Service fees are for educational and evaluation purposes only and are not compensation. Therefore, the Service is not classified as an OTC derivative transaction and is not regulated under Japan's Financial Instruments and Exchange Act (FIEA). Compensation in Phase 3 is part of the evaluation program and not considered a prize under Japan’s Act Against Unjustifiable Premiums and Misleading Representations (UPMRA).
20. Indemnification
Users agree to indemnify and hold harmless the Company and its subsidiaries, affiliates, partners, officers, directors, agents, contractors, licensors, service providers, subcontractors, suppliers, interns, and employees from any third-party claims or demands (including reasonable attorney's fees) due to or arising from the User’s breach of these Terms or any applicable laws, or infringement of third-party rights.
21. Severability
If any provision of these Terms is found to be unlawful, void, or unenforceable, that provision shall be enforced to the fullest extent permitted by law, and the unenforceable portion shall be deemed severed. This shall not affect the validity and enforceability of the remaining provisions.
22. Term and Termination
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Contracts related to Phase 1 and Phase 2 evaluation programs are valid until the outcome of each phase is confirmed.
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Phase 3 contracts continue indefinitely until terminated by either party or upon account closure.
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Either party may terminate the Service agreement for any reason with 30 days’ notice. The Company may also terminate the agreement if:
i. Performance of the contract violates legal or contractual obligations;
ii. Continuation of the agreement violates orders or guidance from regulatory authorities;
iii. Continuation of the agreement poses risks to Fundora or its business operations.
Unless otherwise agreed, no rewards or compensation are paid to Users for inclusion of accounts in alternative services (e.g., platform changes).
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Obligations and liabilities incurred before termination survive contract termination. These Terms remain effective until terminated by either the User or the Company.
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The Company may terminate the contract immediately and without notice if:
i. The User breaches any provision of these Terms or the Company reasonably believes a breach has occurred;
ii. The User fails to comply with legal or regulatory obligations, including but not limited to AML/CFT.
In such cases, User accounts and balances may be frozen or seized indefinitely.
23. Entire Agreement
These Terms and any policies or rules posted on the Website constitute the entire agreement between the User and the Company and supersede prior or contemporaneous communications. Any ambiguity in interpretation shall not be construed against the Company.
24. Governing Law and Jurisdiction
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These Terms and related matters are governed by Japanese law.
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The Tokyo District Court shall have exclusive jurisdiction in the first instance over any disputes arising from these Terms or the Service.
25. Amendments to Terms
The latest version of the Terms is available on this webpage. The Company may revise the Terms at any time by posting updates on the Website. Users are responsible for checking changes. Continued use after changes implies acceptance.
26. Contact Information
Questions about these Terms should be directed to: support@fundora-trading.com
27. Final Provisions
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Nothing in these Terms limits any legal claims available under applicable laws.
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Failure to enforce any part of the Terms does not constitute a waiver of rights.
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The Company may assign its claims and contractual rights without User consent. Users may not assign their rights or obligations without prior written consent.
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Industry practices and prior dealings do not override the express provisions of these Terms.
28. Effective Date
These Terms apply to all contracts entered into after their effective date.