Terms and Conditions

1. Introduction and Acceptance

These General Terms and Conditions (the “Terms” or “Agreement”) govern your access to and use of the services, website, platform, and products of FuturesElite, a brand operated by Quantum SRL, a company incorporated in Italy with registered office at Via Maira 13, Latina 04100, P.IVA 03095010595 (“Company,” “we,” “our,” or “us”). Throughout this document, Quantum SRL will be referred to as “FuturesElite.”

BY CREATING AN ACCOUNT, CLICKING “I AGREE,” “ACCEPT,” OR ANY SIMILAR BUTTON, BY SUBSCRIBING TO ANY SERVICE, OR BY OTHERWISE ACCESSING OR USING OUR SERVICES, YOU EXPRESSLY ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE LEGALLY BOUND BY THESE TERMS, INCLUDING OUR PRIVACY POLICY. IF YOU DO NOT AGREE, YOU MUST IMMEDIATELY CEASE ALL USE OF THE SERVICES.

These Terms govern the entire relationship between you and us. We may modify these Terms from time to time at our sole discretion. Material changes will be communicated via email or a prominent notice on the Website. Your continued use of the Services after such notice constitutes acceptance of the updated Terms. The official language of these Terms is English; any translation is for convenience only, and in the event of a conflict, the English version shall prevail.

2. Definitions

“Account” means a User’s registered account on the FuturesElite platform providing access to the Services, dashboard, challenge status, and personal information management.

“Authorized Trader” means a User permitted to access and execute simulated trades on an account provided by the Company.

“Drawdown” means the applicable loss thresholds for the Account, including daily loss limits and trailing drawdown limits as specified for each program.

“Evaluation Account” or “Challenge” means a simulated or demo trading account with virtual funds used to assess the User’s trading competence.

“Elite Account” or “Funded Account” means the simulated or live trading account granted to Users who have successfully completed the Evaluation and verification process.

“Express Funded Account” or “Instant Account” means an account using real-time simulated data provided to Users who bypass the evaluation phase, as offered under the Instant Account program.

“Fee” means the one-time activation fee or recurring subscription fee for using Services.

“Forbidden Territory” means any jurisdiction where our Services are not available, including countries subject to applicable sanctions regimes or where local law prohibits participation.

“Force Majeure Event” means any event beyond the Company’s reasonable control, including but not limited to: acts of God, natural disasters, war, terrorism, riots, government orders, pandemics, strikes, power outages, internet disruptions, cyberattacks, or failures of third-party systems.

“Intellectual Property” means all worldwide intellectual property rights, whether registered or not, including patents, copyrights, trademarks, trade secrets, trade names, service marks, logos, domain names, and all related rights.

“KYC” means Know Your Customer – the process by which we verify the identity of our clients and assess potential risks.

“Payout” or “Reward” means the performance-based compensation distributed to eligible account holders in accordance with these Terms.

“Prohibited Conduct” means activities that violate these Terms, Trading Rules, or applicable law, as described in Section 9.

“Proprietary Data” means all trading data, performance metrics, order information, account activity, analytics, logs, and any other data generated through the Company’s platform or Services.

“Services” means all services provided by FuturesElite, including the Evaluation programs, Elite Accounts, Instant Accounts, educational content, the website, the dashboard, tournaments, and any associated tools and features.

“Simulated Account” means an account using real-time simulated data where trades are not made in live markets and do not incur actual profits or losses.

“Trading Platform” means the third-party trading platform(s) provided as part of the Services through which Users perform their trading activities.

“Trading Rules” means the risk-management rules, restrictions, and parameters applicable to Accounts as published on the Website and updated from time to time.

“User”, “You”, “Your” means any individual or entity accessing the Website, registering for an Account, or using the Services.

3. Nature of Services and Legal Disclaimer

3.1 Simulated Environment

FuturesElite provides educational digital products, performance-evaluation programs, and simulated market environments. Unless otherwise expressly stated, all trading activities on the platform occur within virtual or demo-based simulations using fictitious capital. You acknowledge that the funds provided for simulated trading are fictitious and that you have no right to possess those fictitious funds beyond the scope of their use within the Services.

3.2 Not a Broker or Financial Adviser

FuturesElite is not a broker-dealer, futures commission merchant, commodity trading advisor, investment firm, financial adviser, or regulated financial services provider. We do not execute orders on any exchange, do not accept deposits of real funds for trading purposes, and do not provide investment advice. None of the Services constitute investment services under any applicable law.

3.3 No Investment Advice

The Company does not provide guidance, instructions, or recommendations on how you should perform transactions. No employee, staff member, or representative of FuturesElite is authorized to provide investment advice. Any information provided through the Services is for educational and general informational purposes only. You are solely responsible for all trading decisions.

3.4 Hypothetical Performance Disclaimer

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE INHERENT LIMITATIONS. UNLIKE ACTUAL PERFORMANCE RECORDS, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. BECAUSE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT OF CERTAIN MARKET FACTORS SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

3.5 No Guarantee of Income

Nothing in these Terms, on the Website, or in any communication constitutes a guarantee of income, profits, or financial returns. Past simulated performance is not indicative of future results.

3.6 Risk Acknowledgment

You acknowledge that trading financial instruments, including futures, involves significant risk of loss. All trading decisions are your sole responsibility. The Company is not responsible for any gains, losses, or damages arising from your trading activities.

4. Eligibility Requirements

4.1 Age and Legal Capacity

You must be at least eighteen (18) years of age, or the age of legal majority in your jurisdiction (whichever is higher), and have the full legal capacity and authority to enter into and be bound by these Terms.

4.2 Legal Compliance

By using the Services, you represent that your participation does not violate any laws in your jurisdiction. You are solely responsible for compliance with all applicable local laws, rules, and regulations, including those related to online trading, taxes, and financial disclosures.

4.3 Restricted Countries and Sanctions

FuturesElite does not provide Services to users residing in the following countries: Afghanistan, Côte d’Ivoire, Cuba, Czechia, Iran, Iraq, Syria, Ghana, Libya, Malaysia, Somalia, Sudan, Tanzania, Mauritius, Ethiopia, Trinidad and Tobago, Kosovo, Russia, North Korea, or any other jurisdiction subject to applicable sanctions. This list may be updated at our sole discretion.

The Company complies with all applicable economic sanctions laws and regulations, including those administered by the European Union and relevant international bodies. By using our Services, you represent that you are not designated on any prohibited or restricted persons list and are not accessing the Services from any sanctioned territory.

Circumvention of geographical restrictions (including through VPN, proxy, or any other technical means) constitutes a fundamental breach of these Terms. If discovered, the Company is entitled to immediately close your account, forfeit all pending rewards, and deny any refund.

4.4 Single Account Policy

Users are limited to one Account unless prior written approval is granted. Creating multiple accounts may lead to termination of all related accounts and forfeiture of associated profits and payments. The maximum number of funded accounts per user is determined by the applicable program rules published on the Website.

4.5 Personal Use Only

Accounts are for personal use only. You may not share, transfer, sell, assign, or allow any third party to access or trade on your Account. Account management services by third parties are strictly prohibited. No household member may hold duplicate accounts for the same program unless expressly permitted.

4.6 Accurate Information

All information provided during registration and at any point must be true, accurate, current, and complete. Any changes must be reported within seven (7) days. Providing false or misleading information constitutes a material breach.

4.7 Employees and Competitors

Current and former employees, officers, directors, and contractors of FuturesElite are prohibited from maintaining a User Account. Competitors may not access the platform for benchmarking, competitive analysis, or monitoring purposes without prior written consent.

5. Account Registration, Security, and Verification

5.1 Account Creation

To access the Services, you must create an Account and provide valid, correct, and up-to-date information. You are responsible for maintaining the confidentiality of your login credentials and for all activities occurring under your Account.

5.2 Account Security

You agree to notify FuturesElite immediately of any unauthorized use of your Account or any security breach. The Company bears no responsibility for losses arising from unauthorized access if you fail to safeguard your credentials.

5.3 Identity Verification (KYC)

The Company may require identity verification at any stage, including government-issued identification, proof of address, proof of source of funds, and video interviews. You acknowledge that we may record video interviews for verification purposes. Failure to complete verification within the timeframe specified may result in denial of payouts and account termination.

5.4 Non-Transferability

Except as expressly permitted in connection with program advancement, you may not transfer, combine, or attribute your Account performance, data, or any information to or with any other Account or User. Accounts may not be sold, shared, sublicensed, or assigned.

5.5 Account Inactivity

If no trading activity occurs on your Account for thirty (30) consecutive days, the Account may be deemed inactive and terminated. For Instant Accounts, the inactivity threshold is seven (7) consecutive days. You must open and close at least one trade within the applicable period to maintain account activity.

6. Services Offered

6.1 Evaluation (Challenge) Programs

FuturesElite offers various evaluation programs (including Evaluation Accounts, Custom Accounts, and Instant Accounts) as described on the Website. The Evaluation is a simulated environment where your trading performance is assessed. You must meet all trading objectives, profit targets, and risk management parameters to progress.

You must have prior trading experience before purchasing a Challenge. The Company reserves the right to unilaterally change program parameters; changes do not affect Services already purchased.

6.2 Elite (Funded) Accounts

Users who successfully complete the Evaluation and verification may be offered an Elite Account. Performance on these accounts determines eligibility for payouts. Completing the Evaluation does not guarantee acceptance.

6.3 Instant Accounts

Instant Account programs allow Users to bypass the evaluation phase. These accounts are subject to specific rules and parameters as published on the Website.

6.4 Tournaments

FuturesElite may offer trading tournaments from time to time. Tournament participation is subject to separate rules published for each event.

6.5 Trading Platform

The Company provides access to third-party trading platforms. You acknowledge that platform operators are separate from FuturesElite, and their own terms apply. The Company does not warrant compatibility with any specific equipment or software. Platform availability may vary by location.

6.6 Live Trading Transition

FuturesElite reserves the right to transition a trader to a live funded account at any time. The Company will notify the trader via email. The transition to live trading shall be governed by supplemental terms provided at the time of transition.

7. Subscription, Fees, and Payment

7.1 Fee Structure

Fees for programs are listed on the Website. Subscriptions may renew automatically at the end of each billing period. Users authorize FuturesElite to charge their provided payment method. Renewal dates can be checked in account settings.

7.2 Payment Methods

Payment must be made via accepted payment methods displayed on the Website. Payment must be made by the Account holder; third-party payment methods require prior verification. Unauthorized payment methods may result in suspension.

7.3 Price Changes

The Company reserves the right to adjust pricing at its discretion. Users will be notified of changes before they take effect.

7.4 Tax Obligations

You are solely responsible for all tax obligations arising from the use of our Services and any rewards received. The Company does not provide tax advice.

7.5 Billing Accuracy

You agree to maintain accurate billing information and update it promptly. The Company is not responsible for charges resulting from billing errors caused by inaccurate information.

8. Refund and Cancellation Policy

8.1 General Rule

All fees are final, non-cancelable, and non-refundable once trading activity has commenced on the Account.

8.2 Pre-Trading Refund

Refunds are available only to users who have not engaged in any trading activity. Refund requests must be submitted by email to support@futureselite.com within fourteen (14) days of purchase. Approved refunds will be issued for the paid amount minus a $75.00 USD non-recoverable technology and market data fee.

8.3 Cancellation

Subscriptions may be cancelled at any time through account settings or by contacting support. Cancellations take effect at the end of the current billing period. Cancellation requests must be submitted at least three (3) business days prior to the next billing cycle.

8.4 No Refund Upon Breach

In the event of termination due to breach of these Terms, no refund is available. All pending rewards are forfeited.

8.5 Chargebacks

If you initiate a chargeback or payment dispute without first contacting us, or lodge an unjustifiable complaint regarding fees, this constitutes a material breach. The Company reserves the right to immediately terminate all associated accounts, refuse future provision of Services, and permanently ban the User.

8.6 Technical and Third-Party Issues

Refunds will not be issued due to technical malfunctions of third-party platforms, internet connectivity issues, or hardware failures on the User’s side.

9. Prohibited Conduct and Trading Rules

9.1 General Trading Standards

You agree to follow market-standard principles of prudent trading and risk management at all times. This includes maintaining consistency in position sizing, trade frequency, and risk exposure. Market-standard risk management is not met where you open substantially larger position sizes or substantially different numbers of positions compared to your typical trading activity.

9.2 Prohibited Trading Practices

You may not engage in any of the following:

• Exploiting or manipulating platform features, price feed delays, errors, or inconsistencies in the simulated or live environment.
• Latency arbitrage, tick scalping, or any strategy designed to exploit the technical infrastructure rather than genuine market analysis.
• Gap trading by opening trades when major macroeconomic events are scheduled or within 2 hours before a market closure of 2 hours or more.
• Simultaneously entering opposite positions on the same or highly correlated instruments across one or more accounts (hedging across accounts).
• Copy trading between accounts, whether your own or third-party accounts, unless expressly authorized.
• Using unauthorized third-party Expert Advisors (EAs), scripts, bots, artificial intelligence, ultra-high-speed tools, or mass data entry systems.
• Account management: allowing any third party to trade on your behalf, or trading on behalf of any third party.
• Trades that are inconsistent, erratic, manipulative, or not reasonably replicable in actual financial markets.
• Any strategy that artificially distributes profit without proportionally distributing market risk.
• Hyperactivity causing excessive server load (more than 2,000 server requests per day).
• Placing an unusually large number of orders for Services within an unreasonably short period of time.
• News trading in violation of rules applicable to funded or live accounts as specified on the Website.

9.3 General Prohibited Uses

• Violating any applicable law, regulation, or third-party right.
• Scraping, crawling, hacking, reverse engineering, decompiling, disassembling, or bypassing platform protections.
• Circumventing geographical restrictions using VPN, proxy, or other technical means.
• Uploading, distributing, or transmitting harmful software, viruses, or malicious code.
• Using the Services for any purpose other than personal educational and skill-assessment use.
• Developing competing products or services using information obtained from the platform.
• Sublicensing, renting, distributing, selling, or transferring access to the Services.
• Accessing the platform if you are a current/former employee or competitor of FuturesElite.

9.4 Consequences of Violations

Violations may result in, at our sole discretion and without prior notice:

• Removal of offending trades from your history and/or exclusion of their results.
• Restricted access to the Trading Platform or Account.
• Disqualification from the Evaluation process.
• Forfeiture of all pending rewards and payouts.
• Immediate termination of all active accounts.
• Permanent ban from the platform with no eligibility for refund.
• Pursuit of any legal remedies available.

10. Professional Conduct and Anti-Abuse Policy

10.1 Respectful Interaction

Users must conduct themselves professionally and respectfully when interacting with FuturesElite’s platforms, staff, support agents, and other users. Any form of harassment, verbal abuse, profanity, threats, or intimidation via any channel will result in immediate account termination and permanent ban.

10.2 Review-Based Threats

Any attempt to threaten the Company with negative reviews, social media defamation, or reputational harm to circumvent rules, obtain undeserved refunds, or gain unfair advantages constitutes a material breach.

11. Payout and Reward Distribution

11.1 Eligibility

Payouts are available only to verified account holders who have completed KYC, met all trading objectives and payout requirements for their specific program, and are in full compliance with these Terms.

11.2 Payout Conditions

Payout conditions, including minimum trading days, profit thresholds, consistency rules, payout tiers, and maximum payout amounts, are specific to each program and published on the Website. The Company reserves the right to modify payout conditions prospectively.

11.3 Payout Process

Payout requests are processed in accordance with the schedules published on the Website. The Company reserves the right to conduct additional verification, including interviews, before processing any payout. Payouts will be made only to accounts held in the same name as the registered User.

11.4 Right to Withhold

The Company reserves the right to delay or withhold any payout if there is reasonable suspicion of a breach of these Terms, pending investigation or verification.

11.5 Live Account Transition

FuturesElite reserves the right to transition traders to live funded accounts at any time. The Company will notify the trader via email regarding this decision.

11.6 Contractor Status

If you receive payouts, you are compensated as an independent contractor, not as an employee of the Company. You are solely responsible for any applicable tax filings and payments.

12. Intellectual Property

12.1 Ownership

FuturesElite holds all legal rights, title, and interest in the platform, Website, Services, and all associated content, including all Intellectual Property rights, whether registered or not, and wherever they may exist globally.

12.2 Limited License

We grant you a limited, personal, revocable, non-exclusive, non-transferable, non-sublicensable right to access and use the Website and Services for your personal use only, in accordance with these Terms.

12.3 Restrictions

Without prior written authorization, you may not: reproduce, modify, adapt, or create derivative works of any content; reverse engineer any software or technology; use automated tools to scrape or collect data; or use our trademarks without express written consent.

13. Proprietary Data and Data Ownership

All Proprietary Data generated through your use of the platform is and shall remain the exclusive property of the Company. The Company retains full ownership and may use, reproduce, modify, analyze, aggregate, anonymize, commercialize, and otherwise exploit such data for any lawful purpose, including internal analysis, product development, risk management, marketing, and research.

You acknowledge that you have no ownership, proprietary, or intellectual property rights in any Proprietary Data generated through your use of the platform. Unauthorized access, reproduction, distribution, reverse engineering, scraping, or use of Proprietary Data is strictly prohibited and may result in immediate termination and legal action.

14. Privacy and Data Protection

We process your personal data in accordance with our Privacy Policy, which is available on our Website and incorporated into these Terms by reference. By using the Services, you acknowledge and consent to our data processing practices. We comply with the General Data Protection Regulation (GDPR) and other applicable data protection laws.

15. Disclaimer of Warranties

THE SERVICES, WEBSITE, AND ALL CONTENT ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, SECURITY, OR ACCURACY.

THE COMPANY MAKES NO REPRESENTATION OR WARRANTY THAT THE SERVICES WILL BE UNINTERRUPTED, ERROR-FREE, TIMELY, SECURE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. THE COMPANY HAS NO OBLIGATION TO UPDATE OR CORRECT CONTENT AND MAY MODIFY, SUSPEND, OR TERMINATE ACCESS AT ANY TIME.

16. Limitation of Liability

16.1 No Liability for Trading Losses

All trading on the platform involves significant risk. The Company shall not be liable for any simulated or live trading losses, missed opportunities, or any decisions you make based on your use of the Services.

16.2 Exclusion of Damages

TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE COMPANY SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, GOODWILL, TRADING LOSSES, OR OTHER INTANGIBLE LOSSES, ARISING FROM YOUR USE OF THE SERVICES.

16.3 Maximum Liability

In no event shall the Company’s total aggregate liability exceed the total fees actually paid by you in the twelve (12) months preceding the claim.

16.4 Platform and Third-Party

The Company is not liable for: technical or mechanical failures, communication or power failures, unauthorized access, third-party platform issues, government restrictions, regulatory actions, or Force Majeure Events.

16.5 Market Data

The Company does not warrant the accuracy, completeness, or timeliness of market data, prices, or other information displayed. The Company is not responsible for variable spreads, liquidity levels, or limit order execution parameters provided by liquidity providers.

17. Indemnification

You agree to indemnify, defend, and hold harmless FuturesElite, its officers, directors, employees, agents, affiliates, contractors, and licensors from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable legal fees) arising from: (a) your use of the Services; (b) your violation of these Terms; (c) your violation of any applicable law or third-party right; (d) your engagement in Prohibited Conduct; (e) any content you submit; or (f) inaccurate information you provide.

The obligations under this Section survive the termination of these Terms and any account closure.

18. Termination

18.1 Termination by the Company

We may suspend, restrict, or terminate your Account at any time, with or without notice, for any reason, including:

• Breach of any provision of these Terms or Trading Rules.
• Engagement in Prohibited Conduct.
• Failure to complete KYC verification or attend a requested interview.
• Providing false, misleading, or incomplete information.
• Suspected fraudulent activity.
• Residing in a Forbidden Territory or circumventing restrictions.
• Account inactivity for 30 or more consecutive days.
• Late or non-payment of fees.
• Initiating an unjustified chargeback.

18.2 Termination by the User

You may terminate your Account at any time by contacting support. The relationship is terminated upon the Company’s confirmation. Termination does not entitle you to any refund.

18.3 Effects of Termination

Upon termination, all rights cease. The Company may retain data as required by law. Provisions that should survive termination shall continue, including: Intellectual Property, Proprietary Data, Limitation of Liability, Indemnification, and Governing Law.

19. Third-Party Services and Platforms

The Services may refer to or integrate with third-party services, platforms, and providers. These Terms do not apply to third-party services, and you are responsible for reviewing their terms. The Company does not endorse, warrant, or assume responsibility for third-party services and shall not be liable for any loss or damage arising from your use thereof.

You acknowledge that trading platform operators are separate from FuturesElite, and you are obligated to read their terms and conditions before use.

20. Communications and Electronic Notices

You consent to receive electronic communications from FuturesElite, including via email to the address on file, posting on the Website, or in-platform notifications. All electronic communications satisfy legal requirements for written communications. Notices delivered to the email address on file are deemed received by you.

21. Dispute Resolution and Governing Law

21.1 Amicable Resolution

The parties agree to attempt to resolve any disputes amicably before initiating formal legal proceedings.

21.2 Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the Italian Republic, without regard to conflict-of-law principles.

21.3 Jurisdiction

Any disputes shall fall under the exclusive jurisdiction of the Tribunale di Latina, Italy.

21.4 Class Action Waiver

TO THE EXTENT PERMITTED BY APPLICABLE LAW, YOU WAIVE ANY RIGHT TO PARTICIPATE IN A CLASS ACTION LAWSUIT OR REPRESENTATIVE ACTION WITH RESPECT TO ANY DISPUTES ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICES.

22. Force Majeure

The Company shall not be liable for any failure or delay in performance where such failure or delay results from a Force Majeure Event. During a Force Majeure Event, the Company’s obligations are suspended for the duration of the event. If a Force Majeure Event continues for more than sixty (60) days, either party may terminate the affected Services.

23. Severability

If any provision of these Terms is found to be invalid, illegal, or unenforceable, it shall be modified to the minimum extent necessary or, if not possible, severed. The remaining provisions shall continue in full force and effect.

24. Waiver

The failure of the Company to exercise or enforce any right shall not constitute a waiver. Any waiver must be in writing.

25. Assignment

You may not assign your rights or obligations without our prior written consent. The Company may assign its rights to any affiliate or successor entity without your consent.

26. Entire Agreement

These Terms, together with the Privacy Policy, Trading Rules, program-specific rules, and any other policies referenced herein, constitute the entire agreement between you and the Company regarding the Services, superseding all prior communications and agreements.

27. Contact Information

Company: Quantum SRL (trading as FuturesElite)

Address: Via Maira 13, Latina 04100, Italy

P.IVA: 03095010595

Email: support@futureselite.com

Website: https://futureselite.com

By proceeding to use our Services, you acknowledge that you have read, understood, and agreed to be bound by these Terms and Conditions in their entirety.

‍