Customer Agreement

This Customer Agreement (this “Agreement”) is made effective as of the last signed date by and

between Chart Fund LLC (the “Company”), and You(the “Customer”). In

connection to the Virtual Funded Account and for good consideration exchanged, the parties conclude this Contract:

  1. Right to Simulation Trading. The Customer shall be given the license to perform simulation of trades on the financial market FOREX, or on other financial market through a special customer demo account on the platform of a broker (hereinafter called ” Customer Account”) which shall be made accessible to him or her subject to the conditions of this Agreement and to the Chart Fund programs and products, and the right to remuneration, which Chart Fund shall pay the Customer under the conditions of this Agreement (hereinafter referred to as the “FOREX Trading”). The Customer acknowledges and understands that the Customer Account is the property of Company and shall make confidential the activities made within the Customer
  2. Account Balance Company shall not instruct the Customer regarding the method of FOREX Trading. The Customer has the freedom of manner in which he or she performs FOREX Trading. During FOREX Trading, the Customer is obliged to observe the following prudence policies of trading:
  3. The maximum daily aggregated loss on the Customer Account consisting of the account’s current result of opened positions and the result of positions closed on the given day must not at any time in the course of one working day exceed the amount indicated on the platform specific to the challenge of the starting days
  4. The value of the initial capital must not fall below the amount indicated on the platform specific to the challenge of the initial account balance both for open and closed positions, including commissions and swaps. In the event of a breach of any of the rules referred to in this Article, all positions on the broker’s platform shall be closed immediately and the Customer’s Account will be blocked. In such case, Company has the right to terminate this Agreement under the conditions of Article
  5. The Customer acknowledges that the Customer Account is a demo version which does not allow to perform real-world trades using FOREX Trading on financial markets. It is up to the decision of Company which of the activities of FOREX Trading will be executed on the financial market and which will not.
  6. Right to The Customer is entitled to a remuneration for FOREX Trading which is calculated according to the achieved performance on the Customer’s Account. Billing takes place in monthly cycles from the first business day on the Account. If the Customer starts to trade for example on May 5, billing will always take place on the fifth day of the month. Billing consists of deducing from the Provider’s Account the difference between the closed account balance and the value of the initial capital where this difference is positive. The resulting Customer’s remuneration is calculated as 90% of this difference. The remuneration is payable within the 15th day of the invoice being issued by the Customer to the account shown in the header of this Agreement.
  1. Compliance to General The Customer shall not perform FOREX Trading in violation of: (i) the operation of real financial market, (ii) the current General Terms and Conditions of the broker, (iii) the current General Terms and Conditions of Chart Fund which are available on https://chartfund.com/terms-of-use/ (hereinafter referred to as “TOU”), (iv) the limitations set out in Article 2 of this Contract; and (v) generally binding regulations valid in Seychelles. Transactions made in violation of the above terms will not be included into billing according to Article 4 of this Contract, and in such a case, Company has the right to terminate this Contract under the conditions of Article 14.
  2. Compliance with Seychelles. By signing this Agreement, the Customer undertakes to conduct FOREX Trading in accordance with generally binding regulations valid in Seychelles and to provide all necessary permits for this activity.
  3. Conflict of The Customer shall notify Company of any of his or her interest in business or other activities pursuing property benefits which could find themselves in conflict with the interests of Company.
  4. The Customer vows to keep the confidentiality of all information received in connection with this Agreement or when performing FOREX Trading in partnership with Company. The Customer shall not copyright, trademark, or patent any byproduct created through his or her relationship with Company unless otherwise agreed upon.
  5. Data Processing. The Customer agrees and acknowledges that Company processes (in an automated manner or by other means through web-based partners and accounts) the personal data of the Customer in compliance with applicable data protection laws. The data of the Customer, which the Customer has provided or will provide to Company for the purposes of and to the extent necessary to (i) the performance of this Agreement, (ii) the regular personal evaluation of the Customers and other customers, (iii) resolution of any disputes arising in connection with this Agreement and (iv) information on new services or products of Chart Fund. The Customer grants this consent for the duration of the performance of work for Company or with partnership with Company, and for the period of three years after the termination of this Contract, unless obligation to archive some personal data for a longer period is otherwise provided by law (in which case the Customer grants this consent for the appropriate period of time). The Customer further acknowledges that Company may hold on to his or her personal data indefinitely and without consent at the request of law enforcement agencies for the purpose of aiding in investigative
  6. Third Party Data Company has the right to provide personal data of the Customer to third parties and to foreign governments to the extent necessary to carry out the terms of this Agreement and to comply with relevant data privacy laws. Company only has the right to such transfer of personal data of the Customer for the purpose of and to the extent specified above, or if such an obligation is provided for by law. Company shall inform the Customer of the transfer of his or her personal data pursuant to this paragraph unless the law states otherwise.
  1. Right to Correct. The Customer has the right to access and correct the personal data. In the event that the Customer finds or believes that Company performs the processing of his or her personal data contrary to the protection of the private and personal life of the Customer or in conflict with the Act on the protection of personal data (in particular, if the personal data are inaccurate), he or she may ask Company to redress.
  2. Return of Company Upon Company’s request and at any time after the termination of this Agreement, the Customer agrees to return all borrowed tools, other resources, notes, documents, including electronic or other storage media, containing information on the activities of Company, including all copies thereof. Making of copies is strictly prohibited.
  3. Integral Part of Agreement. The Contracting Parties expressly acknowledge that the TOU and privacy statements form integral parts of this Agreement and Customer expressly acknowledges that he or she has read and understands the TOU and the privacy
  4. This Agreement is concluded for an indefinite period and may be terminated by either party at any time with immediate effect without notice.
  5. This Contract was made in two copies, one of which was taken over by Company and the other one by the Customer. The copies are equally valid forms of this Agreement.
  6. Applicable Law. This Agreement and all integral parts of this Agreement shall be subject to the laws of Seychelles, where applicable. Should there be a dispute between the parties and if the said dispute are not able to be resolved through arbitration as stated in the TOU by law or by circumstances, the dispute shall be resolved by the courts of Seychelles.
  7. Any appendices attached to this Agreement are integral parts of this Agreement.
  8. Any modification, amendments, and extensions made to this Agreement shall not be valid unless written and signed by the parties involved.
  9. Company shall not be liable or responsible for the withholding of taxes for the Customer.
  10. This Agreement shall not be interpreted to create any form of partnership, membership, employment, and joint venture, unless otherwise written and recorded elsewhere.

By using this website and any ChartFund services, you must agree to all terms and conditions herein.