KortanaFX Terms of Use

Account Registration and Eligibility

1. Age Requirement:
   • Users must be at least 18 years old to register
   • KortanaFX reserves the right to request age verification
2. Legal Compliance:
   • Users must comply with local laws regarding online trading
   • KortanaFX is not responsible for users’ legal eligibility
3. Account Information:
   • Provide accurate and current personal information
   • Update account details promptly if changes occur
4. Account Security:
   • Users are responsible for maintaining account confidentiality
   • Report any unauthorized access immediately

Trading Rules and Conditions

1. Challenge Phase:
   • 8% profit target
   • 5% maximum daily loss
   • 10% maximum overall loss
   • No time limit for completion
2. Funded Account:
   • No specific profit target
   • 5% maximum daily loss maintained
   • 10% maximum overall loss maintained
   • Profit split up to 100% based on performance
3. Scaling Plan:
   • 25% account growth every three months
   • 12% profit required within 90 days for scaling
   • Maximum account size: $3,000,000
4. Prohibited Trading Practices:
   • No arbitrage trading
   • No expert advisors designed to exploit latency
   • No form of market manipulation

Deposits and Withdrawals

1. Minimum Deposit:
   • Varies based on chosen account size
   • Refer to current pricing on the website
2. Withdrawal Process:
   • Request through the user dashboard
   • Subject to compliance review
   • Processed within 72 business hours of approval
3. Withdrawal Limitations:
   • Maximum 7% of account balance per withdrawal
   • Withdrawal cycle based on account performance
4. Payment Methods:
   • All transactions in USDT (Tether)
   • ERC20 network used for transfers

Risk Disclosure

1. Market Risks:
   • Trading involves substantial risk of loss
   • Past performance does not guarantee future results
2. Technical Risks:
   • Users assume risks associated with electronic trading
   • KortanaFX not liable for system or connection failures
3. Leverage Risks:
   • High leverage can lead to significant losses
   • Users should understand leverage before trading

Intellectual Property

1. Platform Ownership:
   • KortanaFX retains all rights to the trading platform
   • Users granted limited, non-exclusive license to use
2. Content Usage:
   • Users may not reproduce or distribute platform content
   • Personal, non-commercial use only permitted

Privacy and Data Protection

1. Data Collection:
   • KortanaFX collects user data for account management
   • Refer to Privacy Policy for detailed information
2. Data Security:
   • Reasonable measures taken to protect user data
   • Users responsible for their account security
3. Third-Party Sharing:
   • Data may be shared for regulatory compliance
   • No selling of personal data to third parties

Termination of Service

1. User-Initiated Termination:
   • Users may close accounts at any time
   • Subject to final account reconciliation
2. KortanaFX-Initiated Termination:
   • Right to suspend or terminate accounts for violations
   • No refunds for terminated accounts due to user violations

Amendments to Terms

1. Update Notification:
   • Users notified of significant changes via email
   • Continued use constitutes acceptance of new terms
2. Review Responsibility:
   • Users should regularly review Terms of Use
   • Latest version always available on the website

Limitation of Liability

1. Service Provision:
   • KortanaFX provides services “as is” without warranties
   • Not liable for trading losses or missed opportunities
2. Indirect Damages:
   • Not responsible for indirect, consequential damages
   • User assumes all risks associated with trading

Governing Law and Jurisdiction

1. Applicable Law:
   • Terms governed by laws of [Jurisdiction]
   • Users agree to submit to exclusive jurisdiction of [Courts]
2. Dispute Resolution:
   • Attempts to resolve disputes amicably
   • Arbitration may be used if initial resolution fails

Communication and Notices

1. Official Communications:
   • Email is the primary method of communication
   • Users responsible for maintaining current email address
2. Support Channels:
   • Live chat available 9 am to 6 pm EST
   • Email support for after-hours inquiries

Affiliate Program Terms

1. Commission Structure:
   • Based on referred traders’ activity
   • Paid monthly, subject to minimum payout threshold
2. Promotional Guidelines:
   • Affiliates must adhere to provided marketing materials
   • No misleading or false advertising permitted

Educational Resources

1. Webinars and Tutorials:
   • Provided for informational purposes only
   • Not financial advice or trading recommendations
2. Market Analysis:
   • General market commentary provided
   • Users should not rely solely on this information for trading decisions

Account Inactivity

1. Inactivity Definition:
   • Accounts with no login or trading activity for 90 days
   • Subject to inactivity fees after this period
2. Reactivation Process:
   • Login and perform a trading action
   • Contact support if issues arise during reactivation

Force Majeure

1. Event Definition:
   • Circumstances beyond KortanaFX’s reasonable control
   • Includes natural disasters, war, government actions
2. Obligations During Force Majeure:
   • KortanaFX may suspend or modify services
   • Not liable for failures to perform due to force majeure

Severability

1. Clause Independence:
   • If any provision is deemed invalid, others remain in effect
   • Invalid provisions to be replaced with valid ones of similar intent

Entire Agreement

1. Comprehensive Terms:
   • These Terms of Use constitute the entire agreement
   • Supersede all prior agreements and understandings
     
     

User Reviews

1. “KortanaFX’s Terms of Use are clear and comprehensive. I appreciate the transparency regarding trading conditions and risk disclosure.” – John D.
2. “The scaling plan terms are well-defined. It’s motivating to have clear goals for account growth.” – Sarah M.
3. “I found the section on prohibited trading practices particularly helpful. It sets clear boundaries for fair trading.” – Michael R.

Common Issues and Solutions

1. Issue: Difficulty understanding leverage risks
   Solution: KortanaFX provides educational resources on leverage. Access our video tutorials and webinars for detailed explanations. Additionally, start with a demo account to practice risk management strategies before trading with real funds.
2. Issue: Concerns about account inactivity fees
   Solution: To avoid inactivity fees, log into your account at least once every 90 days and perform a trading action. Set calendar reminders to ensure regular account activity. If you plan extended breaks from trading, contact support to discuss options for maintaining your account status.
3. Issue: Questions about the dispute resolution process
   Solution: For any disputes, first contact our customer support team via email or live chat. Provide detailed information about your concern. If the issue remains unresolved, we have a structured escalation process. In rare cases where amicable resolution is not possible, the arbitration clause in our Terms of Use provides a fair mechanism for resolution.