Terms of use micro trader

4.0. Trading Account Management & Right of Refusal. The Company has the right to refuse to conclude the
contract of the NovaFunding Trading Evaluationaccount with the Customer – during any part of the Trading Evaluation.
Should any concerns about profitability and excessive risks on a Real account arise, the company will attempt to
contact the client immediately to conduct an interview and discuss employed trading practices. The company will
attempt to find a remedy for the situation, however, should there be no remedy for concerns, the company reserves the
right to terminate this Agreement immediately. Such concerns that may include:
4.1 The Company’s potential for suffering financial losses;
4.2 Investors of the company’s potential for suffering financial losses;
4.3 The potential damage to the Company’s reputation due to unreasonable losses of Investor funds.
4.4 Protection of Capital. Evaluator is under contractual obligation to protect investor funds against risk of
unreasonable losses of capital under management, as described above. Should the company suspect that trading
practices employed by a trader on a Demo account would not prove profitable on a Real account, the company
reserves the right to terminate a contractual relationship with the trader.
4.5 Termination of Agreement Due to Concerns, Trading Violations And Ethics. Any of following violations will result in
immediate termination of our contractual relationship, unless you are able to justify the occurrence: (Funded Stage)
Any form of arbitrage performed in your trading account., E.g., usage of specialized software programs that are
designed to exploit possible price latencies on a Trading Platform or that allow for the use of technological and/or
algorithmic trading patterns that are aimed at exploiting price latency/priced freezes for arbitrage opportunities on a
Trading Platform, thus resulting in unrealistic and/or fake profits on a trading account, which would not be possible
within the real trading environment.
Abuse of technological issues of a broker, intentional or otherwise, where opening and closing prices might be
readjusted and traders will be able to continue trading, which would decrease the profitability or increase the loss,
this data will not be taken into account for ‘passing qualification’.

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Usage of guaranteed ‘Take Profit’ and ‘Stop Loss’ to trade news/price and weekend gaps, due to its possibility in a
Demo account, but not on a Real account.