Legal
User & Trader Agreement
This User & Trader Agreement (the “Agreement”) is entered into between Yellow Funds New LLM Search WY Company, a limited liability company organized under the laws of the State of Wyoming, United States, operating the BinaryFunding platform (the “Company”, “we”, “us”), and the individual who registers for or is granted an evaluation or funded account (the “Trader”, “you”). By creating an account, taking an evaluation, or accepting a funded account, you agree to be bound by the terms below and by the rules published on the Company’s Rules page.
1. The Evaluation Program
Access to a funded account is granted after you successfully complete the Company’s two-phase evaluation:
- Phase 1 — reach a profit target of 8% of the account size.
- Phase 2 — reach a profit target of 6% of the account size.
- Minimum trading days — at least 5 distinct UTC calendar days with at least one trade in each phase. One trade or fifty trades in a day both count as a single day. Phase 2 days are counted separately from Phase 1.
Both phases are subject to the trading rules in Section 2. There is no maximum time limit to complete a phase.
2. Trading Rules
You must comply with all of the following rules on evaluation and funded accounts alike. A breach of any rule may result in termination of the account and forfeiture of any pending or claimed profits.
Daily Loss Limit — 5% of the account size
The daily loss is calculated as the gross sum of all losing trades in a single day (00:00 to 24:00 UTC). Winning trades do not offset this figure. For example, on a $5,000 account the daily loss limit is $250; if in one day you lose $300 and win $280, this is still a breach, because your total losses were $300. The limit resets at 00:00 UTC each day.
Maximum Drawdown — 10% of the initial account size
This is measured from the original account size, not from your peak balance. For example, a $5,000 account breaches if the balance falls to $4,500.
Prohibited Strategies
The following are not permitted on any account:
- Expert Advisors (EAs), bots, or any form of automated trading;
- High-frequency trading;
- Arbitrage strategies of any kind, including latency arbitrage.
Copy trading, news trading, and scalping are permitted. Accounts found using prohibited strategies will be terminated and any payouts forfeited.
3. The Funded Account
A funded account is granted after you pass both evaluation phases. The account operates under the same rules described in this Agreement and on the Company’s public Rules page. The account remains the property of the Company at all times. You are granted the right to trade the account under these terms and to receive your agreed share of profits, subject to compliance with this Agreement.
4. Profit Split
As a Funded Trader, you keep the following share of the net profit generated on your funded account:
| Account Size | Trader Profit Split |
|---|---|
| $5,000 / $10,000 | 80% |
| $25,000 / $50,000 / $100,000 | 85% |
| $250,000 | 90% |
Your profit split is determined by your account size and is fixed for the life of the account. The Company retains the remaining share.
5. Payouts
- Payouts are available on funded accounts only.
- You may withdraw profit only — that is, the balance above your original account size. You may not withdraw the account’s base capital.
- The minimum withdrawal amount is $10 (USD).
- Only one withdrawal request may be pending at a time.
- Payouts are made in USDT on the TRON (TRC20) network. You are responsible for providing a correct wallet address; the Company is not liable for funds sent to an incorrect address provided by you.
- Withdrawal requests are subject to Company review and are processed within 24 hours of approval.
- The Company reserves the right to review any withdrawal request and to withhold payment where a breach of this Agreement is identified.
6. Termination and Forfeiture
The Company may terminate an account and deny or forfeit any associated payouts in the event of:
- A breach of the daily loss limit or maximum drawdown;
- Use of any prohibited strategy;
- Any attempt to manipulate, exploit, or interfere with the platform, its pricing, its settlement, or its systems;
- Providing false information, or holding multiple accounts to circumvent the rules;
- Any other material breach of this Agreement.
A breached account cannot be reset. You may begin a new evaluation at any time.
7. Account Ownership and Nature of the Program
The account and all balances shown within it belong to the Company. Figures displayed in the account represent your performance under the Company’s evaluation program and your entitlement to a profit share under this Agreement. The Company does not provide investment, brokerage, or financial advisory services, and nothing in this Agreement constitutes such a service. Participation in the program is an evaluation of trading skill and does not create any brokerage or investment relationship between you and the Company.
8. No Guarantee
Trading involves risk. The Company makes no representation or guarantee that you will pass the evaluation, retain a funded account, or generate any profit. Your continued participation depends on your compliance with this Agreement.
9. Changes to the Rules
The Company may update its rules from time to time. Any change applies to accounts and challenges purchased on or after the date the change takes effect. Accounts purchased before that date remain under the rules in effect at the time of purchase.
10. Governing Law
This Agreement is governed by the laws of the State of Wyoming, United States, without regard to its conflict-of-law principles.
11. Acknowledgement
By registering, taking an evaluation, or accepting a funded account, you confirm that you have read, understood, and agree to the terms of this Agreement.
Yellow Funds New LLM Search WY Company · 5830 E 2nd St, Ste 7000 #32014, Casper, Wyoming 82609, United States
Operating: quotexfunding.com · Contact: support@quotexfunding.com