Terms of service

Proprietary Trading

This Client Agreement (“Agreement”) is made and entered into between the Customer and Bullfy Ltd. (“Bullfy Ltd.” or the “Company”), 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.

Background

The Company maintains an operational office address at Damac Business Tower, Business Bay, UAE. The Customer’s registered address shall be the address provided in the account opening electronic form and verified against the approved Know Your Customer (KYC) documentation as proof of address. In consideration of Bullfy Ltd.’s agreement to open and/or maintain one or more accounts for the Customer and to provide services related to Proprietary Trading (“Prop Trading”), the Customer agrees to abide by the following terms and conditions:

Terms of Online Registration

By registering on this website and agreeing to these Terms of Service, you confirm and warrant the following:

1. Eligibility

• You are 18 years of age or older. This is an absolute requirement and no exception is made, including where the age of majority in your jurisdiction is lower.
• You have full capacity to comply with the obligations outlined in these Terms.
• If applicable, you have obtained necessary permissions or legal authority to represent any organization or entity on whose behalf you are acting.

2. Compliance with Laws

You agree to comply with all applicable laws and regulations, including but not limited to financial, data protection, and intellectual property laws, in your use of this website and the services provided by the firm.

3. Prohibited Activities

You shall not use the website or services for any unlawful or unauthorized purposes, including but not limited to:

• Violating any laws or regulations applicable in your jurisdiction.
• Engaging in fraudulent activities, including misrepresentation of identity or trading records.
• Attempting to compromise or breach the website’s security systems.

4. Accuracy of Information

• You agree to provide true, accurate, current, and complete information during the registration process.
• You understand that any false or misleading information may result in the suspension or termination of your account.
• Violation of these Terms will result in the immediate termination of your access to the Services.

5. Information Accuracy, Completeness, and Timeliness

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 through the messaging system in the client dashboard at dashboard.bullfy.com.

6. Account Responsibility

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.

• Accuracy of Information: You are responsible for ensuring that all information provided to the company, including but not limited to personal, financial, and contact information, is accurate, complete, and up-to-date. Any failure to provide accurate information may result in the suspension or termination of your account.
• Account Activity: You are fully responsible for all activities conducted under your account, including any trading actions, orders, or communications made on your behalf, regardless of whether or not they are authorized by you. The company will not be held liable for any losses, damages, or issues arising from actions taken under your account.
• Compliance with Policies: You are responsible for adhering to all terms, conditions, and policies outlined in this agreement and other applicable documents. You agree to comply with all relevant laws, regulations, and guidelines governing your activities and account use.
• Third-Party Access: You agree not to share your account or access credentials with any third party. There is no authorisation that permits it. You are responsible for any actions taken by third parties granted access to your account, whether authorized or unauthorized.
• Monitoring and Reporting: You agree to regularly monitor the activities conducted under your account and promptly report any suspicious activity, discrepancies, or issues to the company support. Failure to report such activity may result in the suspension or termination of your account.
• Responsibility for Financial Decisions: You acknowledge that all trading decisions made under your account are your responsibility. You agree to carefully consider all risks associated with your trading activity and ensure that your account balance is sufficient to cover potential losses.

7. Prop Firm Challenge: Simulated Account Usage

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:

• All transactions conducted during the Challenge phase are simulated and do not constitute actual trades.
• Any financial outcomes, including profits or losses, are hypothetical and serve solely for evaluation purposes.
• The simulated account functions exclusively as a qualification tool for subsequent stages involving potential funding.

8. Funded Account: Simulated Trading Environment and Profit Eligibility

A Funded Account may be granted in either of two ways: by successfully completing the evaluation phase or phases of an evaluation product, or by purchasing an instant-funding product, which grants a Funded Account directly and without any evaluation. The route by which the Funded Account was obtained does not alter the conditions set out below.

• Nature of the Funded Account: The Funded Account is a demo account with virtual funds, operated in a simulated environment on live market data. No Client order reaches a live market and the Client is never exposed to the loss of real money. The profit share that the Client earns on the Funded Account is nevertheless real money and is paid to the Client in accordance with Section 10.
• Profit Eligibility and Payouts: Clients trading on the Funded Account are eligible to receive a percentage of the profit generated (“Profit Fees”), in the proportion set for the product purchased. Payouts are requested by the Client and are subject to the conditions in Section 10 and to compliance with the Rules Manual.
• Adherence to Trading Rules: The Funded Account is subject to the Rules Manual published at bullfyfunded.com/faqs, including risk management limits, maximum drawdowns, minimum trading days, and operational constraints. Breaches may lead to restrictions, suspension, or removal of the account and forfeiture of accrued profits.

Bullfy Ltd. offers multiple evaluation and funded account structures, each governed by specific conditions regarding profit sharing, risk management, and payout processes. The standardized terms applicable to each account type can be found here (the “Standard Terms”).

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. Please note that the Standard Terms may be amended by Bullfy Ltd. at any time, without the provision of prior notice. Each amended version of the Standard Terms shall become effective as soon as the amended Standard Terms are published on our website.

9. Modifications to Services and Pricing

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.

10. Payouts

• Eligibility for Payouts: Clients may request a payout of their share of the profit generated on a Funded Account provided that they have complied with the Rules Manual and have completed the minimum trading days required for the product concerned before the request — five (5) trading days on BULL-ONE and three (3) on BULL-PRIME and BULL-TITAN. The count is reset after each payout, so the required trading days must be completed again before each subsequent request. No minimum return on investment is required.
• Minimum Amount and How to Request: The minimum amount per payout request is twenty United States dollars (USD 20). Requests are submitted by the Client from the client dashboard at dashboard.bullfy.com and must be confirmed by two-factor authentication.
• Payout Cycle: Payouts are made on a bi-weekly cycle. A request that meets the conditions set out in this Section is processed in the payout cycle applicable to it; the Company does not undertake to pay within any given number of days, and verification, compliance checks or an ongoing investigation may postpone a payout.
• Verification Process: Prior to processing any payout, Bullfy Ltd. may require the Client to complete identity verification, ownership confirmation of the receiving wallet, and compliance checks in accordance with applicable laws and regulatory requirements.
• Payment Method: Payouts are made exclusively in cryptocurrency, in USDT or USDC, to a wallet address designated by the Client. No other payment method is available. The fee paid for a product is a fee for the programme and not a deposit, and payouts therefore bear no relation to the method used to pay it.
• Third-Party Payments: Bullfy Ltd. strictly prohibits payouts to third parties. The receiving wallet must belong to the Client whose identity has been verified on the account. Any attempt to request payment to a third party may result in the cancellation of the request and possible account suspension or termination.
• Further Conditions: Payouts remain subject to the payout conditions of the Rules Manual published at bullfyfunded.com/faqs, including the limits applicable to accounts classified as Scalping and the profit-consistency criterion applicable to BULL-TITAN.

11. Accuracy of Account Information and Billing

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.

11.1 Errors, Inaccuracies, and Omissions

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:

• Correct any Mistakes: We may correct any typographical or factual errors on our website or in the Service, including inaccuracies relating to product descriptions or prices. These corrections can be made without prior notice and may be applied to both current and past orders.
• Modify or Update Information: We have the authority to update, modify, or amend any information provided on our website or the Service to ensure it accurately reflects the correct details.
• Cancel Orders: If an error or omission is identified in relation to your order, we may cancel the order at our discretion, even after it has been submitted. In such cases, we will notify you as soon as possible.

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:

• Fraudulent Activities: Engaging in any form of fraudulent activity, including but not limited to providing false information, misrepresenting your identity, or manipulating market prices, is strictly prohibited.
• Market Manipulation: Any attempt to manipulate the market or create artificial trading volumes, including but not limited to “spoofing,” “front-running,” or “pump-and-dump” schemes, is prohibited.
• Unauthorized Access: Attempting to gain unauthorized access to our systems, networks, or accounts, or engaging in any activities that could damage, disable, or overload our systems, is strictly forbidden.
• Abusive or Offensive Behavior: Engaging in abusive, offensive, or discriminatory behavior, including the use of hate speech, threats, harassment, or inappropriate language while interacting with the company or its employees, is prohibited.
• Violating Laws or Regulations: Engaging in any activities that violate applicable laws, regulations, or guidelines, including those relating to securities trading, tax laws, or anti-money laundering regulations, is prohibited.
• Exploiting System Vulnerabilities: Taking advantage of system errors, bugs, or vulnerabilities for personal gain, including exploiting pricing discrepancies or engaging in “backdoor” trading strategies, is prohibited.
• Using Unlawful Funds: Using funds obtained through illegal means, including funds derived from criminal activities, is prohibited.
• Third-Party Account Usage: your account is personal and non-transferable. Trading on behalf of third parties, or letting anyone else trade, manage or access your account, is prohibited. So is sharing your access credentials. The prohibition applies even if you authorised the access yourself or were present while the other person traded, and sharing credentials is a breach in itself even if nobody uses them (Rule 08).

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. Prohibited practices include, among others:

• Latency Trading, meaning the exploitation of inaccuracies in displayed prices or of delays in their updates.
• Trading using an external or slow data feed.
• Gap trading.
• Group Trading, meaning coordinated trades across connected accounts in order to manipulate trading, for example opposite positions opened simultaneously.
• The use of any software, artificial intelligence, ultra-high-speed or high-frequency trading, or mass data entry that could manipulate or abuse the Provider’s systems.
• Arbitrage of any kind, including triangular, statistical, latency, market-making, spatial, pairs trading, risk, convertible, volatility, dividend, tax, yield curve, or any other form.
• Over-leveraging or over-exposure beyond the limits set out in the Rules Manual — in particular the 3% maximum risk per trade idea and the applicable daily and total drawdown limits — and account rolling.
• Copy trading or trade mirroring between accounts belonging to different holders and, on funded accounts, replication involving more than two Bullfy accounts or a combined initial capital above USD 200,000.
• Permitting any third party to execute, run, or manage a Bullfy Ltd. Account on the Customer’s behalf.

Bullfy Ltd. 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. Bullfy Ltd. will make reasonable efforts to notify the client of any trading restrictions, modifications, or account terminations and the reasons for such actions; however, where immediate action is required to protect the platform, changes may be implemented without prior notice. Clients may request a review of any imposed restrictions, evaluated case-by-case, though Bullfy Ltd. reserves the right to uphold its original decision. Bullfy Ltd. shall not be liable for any direct, indirect, incidental, or consequential losses or damages resulting from such actions, and clients agree to hold Bullfy Ltd. harmless against any related claims. If Prohibited Trading Practices are carried out, the Provider is entitled to cancel all Services and terminate all relevant contracts for all of the Customer’s Accounts, without entitlement to a refund of fees paid.

Hedging across accounts is prohibited: holding related opposing positions in different Bullfy accounts — your own or someone else's — so as to neutralise, offset or shift exposure or results between them, whether directly or through an external account or platform. Opposing positions within a single account are permitted and need no prior authorisation (Rule 06).

12.2 High-Impact News Trading Restriction

Trading around high-impact news is governed by Rule 01 of the Rules Manual, published at bullfyfunded.com/faqs, which the Customer is required to read in full and which prevails over this summary. The restriction applies only to releases marked in red on the Forex Factory calendar, which is the sole source recognised by the Company, and only to the instruments affected by the currency concerned according to the impact table set out in that Rule. The restricted window runs from five (5) minutes before to five (5) minutes after the scheduled time of the release. Within that window the Customer may not open any position, manually or automatically; the sole exception is a pending order placed before the window that is triggered inside it. A position may be closed within the window only if it has been open for the required time: sixty (60) complete minutes where it closes at a net loss, and twenty-four (24) complete hours where it closes at a net profit or at break-even. Breach of Rule 01 results in the removal of the account, whether the trade concerned was profitable or not. Sanctions are not progressive (Rule 16): a first breach may lead directly to removal, with no prior warning and no intermediate step.

13. Right to Limit Sales and Services

• Limitation on Sales to Individuals, Locations, or Jurisdictions: We reserve the right, at our sole discretion, to restrict or limit the sale or availability of our products or services to certain individuals, geographic locations, or jurisdictions.
• Limitations on Product and Service Offerings: We have the discretion to limit the number of products or services available for purchase at any given time, including limits per order or per customer.
• Changes to Product Descriptions and Pricing: We reserve the right to modify, alter, or update product descriptions, features, specifications, pricing, and other related details at any time and without prior notice.
• Discontinuation of Products or Services: We may, at any time, decide to discontinue any product or service without prior notice or obligation.
• Offer Validity and Prohibited Sales: Any offers, promotions, or discounts made on this site are not valid where prohibited by law, regulation, or jurisdiction.
• Quality and Expectations Disclaimer: We do not guarantee that the quality of any product, service, or information you purchase or receive from us will meet your expectations or that any defects or issues will be corrected.

14. Procedure for Consideration of Claims and Disputes

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 must be submitted in writing to the Company’s official email address or through the messaging system in the client dashboard at dashboard.bullfy.com. Claims submitted by other means (such as phone, fax, etc.) will not be considered.
• A claim must include: the Client’s full name, trading account number, the date and time of the incident (as per the trading terminal’s system time), ticket numbers for all disputed positions and/or pending orders, and a detailed description of the dispute with appropriate justification.
• The claim must not contain offensive language or uncontrolled or inappropriate vocabulary.
• 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. 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.

15. Indemnity and Warranty

I. Indemnity. 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 your use of our website, products, services, or any content; your breach of these Terms or any applicable law; any fraudulent, illegal, or unauthorized activity under your account; any dispute between you and a third party; or your failure to comply with applicable regulations or licensing requirements. This indemnification obligation shall survive termination of these Terms and your relationship with the Company.

II. Warranty Disclaimer. The Company provides the website, products, and services “as is” and “as available,” without any warranties or representations, express or implied, including warranties of merchantability, fitness for a particular purpose, non-infringement, or performance accuracy; that the website, services, or products will be uninterrupted, secure, error-free, or free of viruses; or that any defects will be corrected.

III. No Liability for Losses or Damages. 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 the legal theory. IV. Third-Party Services and Links. The Company may provide access to third-party websites, services, or content, which it does not control and is not responsible for. The inclusion of links or references to third-party services does not imply any endorsement or warranty by the Company.

16. Severability

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, which will continue to be fully operational and binding.

17. Refund Policy

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. Upon successful payment, the Customer will receive access to the purchased product or service, including delivery of relevant login credentials for the Trading Platform or any other digital tools. The non-refundable nature of the fees reflects the immediate allocation of product and support dedicated to facilitating the Customer’s access to the Company’s services. If you encounter any issues accessing your product or service, you may contact us via the Company’s official email or through the messaging system in the client dashboard at dashboard.bullfy.com.

18. Termination

The termination of this agreement does not absolve either party of their responsibilities or liabilities incurred prior to the termination date. All obligations, rights, and liabilities accrued under these Terms of Service will survive termination. These Terms 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 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 of these Terms of Service. Upon termination, you will remain responsible for settling any outstanding amounts owed up to and including the date of termination.

19. Review of Restrictions and Account Actions

Clients may request a review of any trading restrictions or account actions imposed by Bullfy Ltd. Each appeal will be evaluated on a case-by-case basis. However, Bullfy Ltd. reserves the right to uphold its original decision if deemed necessary to protect the integrity of its trading environment. Bullfy Ltd. 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 Ltd. harmless against any claims, disputes, or liabilities resulting from such actions.

20. Governing Law and Jurisdiction

This Agreement is governed by and construed in accordance with the laws of Saint Lucia, 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.

I. Exclusive Jurisdiction. The Client irrevocably agrees that the courts of Saint Lucia shall have exclusive authority over any legal actions or proceedings arising out of or in connection with this Agreement; submits to the exclusive jurisdiction of such courts; and waives any objections regarding the jurisdiction of such courts. Regulatory Documents: In the event of a conflict between this Agreement and any applicable regulatory documents, the latter shall take precedence. Language of Communication: The official language of communication between the Parties shall be English. The Client is required to submit all documents to the Company in English or in any other language approved by the Company.