Terms of Service

01. Acceptance of These Terms

These Terms of Service ("Terms") govern your access to and use of the Trader Ascent platform, website, mobile applications, and any related services (collectively, the "Services"). The Services are operated by Trader Ascent ("we," "us," or "our").

By creating an account, accessing, or using the Services, you agree to be bound by these Terms. If you do not agree with any part of these Terms, you must not use the Services.

02. Eligibility

To use the Services, you must:

• Be at least 18 years of age at the time of registration;
• Have the legal capacity to enter into a binding contract;
• Not be barred from using the Services under the laws of Kenya or any other applicable jurisdiction;
• Complete any identity verification (KYC) procedures we require;
• Provide accurate, current, and complete information during registration and keep it updated.

We reserve the right to refuse service, suspend accounts, or terminate access to anyone who does not meet these eligibility requirements or who we reasonably believe presents a risk to the integrity of the platform.

03. Your Account

3.1 Account Security

You are responsible for maintaining the confidentiality of your login credentials, including your password, passkeys, and any two-factor authentication methods. You agree to notify us immediately at support@trader.co.ke if you suspect any unauthorized use of your account.

3.2 One Account Per Person

You may only maintain one account. Creating multiple accounts to circumvent rules, promotions, or restrictions is prohibited and may result in immediate termination of all accounts and forfeiture of any pending payouts.

3.3 Accurate Information

You agree to provide truthful, accurate, and complete information. Providing false or misleading information, including in identity verification documents, is a material breach of these Terms.

3.4 Account Sharing

Your account is personal. You may not share, sell, rent, or transfer your account to any other person.

04. Our Services

Trader Ascent provides the following services:

Funded Trading Program

Evaluation challenges that, upon successful completion, grant access to a funded trading account with our partner brokers. Traders keep a portion of the profits generated on funded accounts, subject to our payout schedule.

Mentorship Program

Structured one-on-one and group mentorship with experienced traders, including live sessions, educational content, and personalized feedback on trading strategy, risk management, and discipline.

We may add, modify, or discontinue any part of the Services at our discretion. We will make reasonable efforts to notify users of material changes in advance.

05. Funded Trading Program

5.1 Evaluation Challenges

Participation in an evaluation challenge requires payment of a challenge fee. The fee is non-refundable once you begin the challenge, except as required by applicable law or as expressly stated in our refund policy.

5.2 Challenge Rules

Each challenge has specific rules regarding:

• Profit targets
• Maximum daily loss limits
• Maximum overall drawdown
• Minimum trading days
• Permitted trading instruments and strategies

You must comply with all challenge rules. Breaching any rule may invalidate your challenge and result in forfeiture of the fee and any progress made.

5.3 No Employment Relationship

Nothing in these Terms creates an employment, agency, partnership, or joint venture relationship between you and Trader Ascent. You are an independent trader, not an employee, and you are solely responsible for your own taxes and regulatory compliance.

5.4 Simulated Environment

During the evaluation phase, trading is conducted in a simulated environment. Funded accounts, where offered, are funded by our partner brokers under their own terms.

06. Mentorship Program

6.1 Nature of Mentorship

Mentorship is educational in nature. Our mentors provide guidance, feedback, and structured learning, but they do not provide personalized investment advice. You remain solely responsible for your own trading decisions.

6.2 Scheduling and Attendance

Mentorship sessions are scheduled between you and your assigned mentor. Sessions may be conducted via Google Meet or another agreed-upon platform. You are expected to attend scheduled sessions on time; missed sessions may not be rescheduled at the mentor's discretion.

6.3 Recording

Unless otherwise agreed, sessions may not be recorded by either party. Any materials shared by a mentor are for your personal use only and may not be redistributed.

6.4 No Guarantee of Results

Mentorship does not guarantee any particular trading outcome. Success in trading depends on many factors outside our control, including market conditions and your own effort and discipline.

07. Payments and Fees

All fees are stated in the currency shown at checkout. You agree to pay all fees associated with the Services you purchase. Payment processing is handled by third-party providers under their own terms and privacy policies.

7.1 Refunds

Unless required by law or expressly stated, fees are non-refundable. If you believe you are entitled to a refund, contact us at support@trader.co.ke within 14 days of your purchase.

7.2 Chargebacks

Initiating a chargeback or payment dispute without first contacting us may result in immediate suspension or termination of your account.

08. Payouts and Profit Split

For funded accounts, profits are shared between you and Trader Ascent according to the profit split percentage stated at the time of funding. Payouts are subject to:

• Successful completion of the applicable trading period;
• Compliance with all challenge and account rules;
• Completion of identity and payment method verification;
• Our standard payout processing times.

We reserve the right to delay, reduce, or deny a payout if we have reasonable grounds to suspect fraud, manipulation, or violation of these Terms or the applicable challenge rules.

09. Prohibited Conduct

You agree not to:

• Use the Services for any unlawful purpose or in violation of any applicable law;
• Engage in any form of market manipulation, including but not limited to wash trading, spoofing, or coordinated trading with other accounts;
• Use automated trading systems (bots, EAs, copy-trading software) unless expressly permitted by the applicable challenge rules;
• Exploit pricing errors, latency arbitrage, or software vulnerabilities;
• Attempt to gain unauthorized access to any part of the Services or another user's account;
• Reverse engineer, decompile, scrape, or copy any part of the Services;
• Harass, threaten, or abuse mentors, staff, or other users;
• Share access to your account with anyone else, or use a VPN or proxy to circumvent geographic restrictions;
• Misrepresent your identity, including during KYC verification.

10. Intellectual Property

All content, trademarks, logos, software, and materials provided through the Services (excluding your personal content) are owned by Trader Ascent or our licensors and are protected by copyright, trademark, and other intellectual property laws.

You are granted a limited, non-exclusive, non-transferable license to access and use the Services for their intended purpose. You may not copy, modify, distribute, sell, or create derivative works from any part of the Services without our prior written consent.

11. Disclaimers

The Services are provided "as is" and "as available" without warranties of any kind, whether express or implied, including but not limited to implied warranties of merchantability, fitness for a particular purpose, and non-infringement.

We do not warrant that the Services will be uninterrupted, error-free, secure, or free of viruses. You use the Services at your own risk.

12. Limitation of Liability

To the maximum extent permitted by law, Trader Ascent, its directors, employees, mentors, and partners shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to lost profits, lost trading gains, or loss of data, arising out of or related to your use of the Services.

Our total aggregate liability for any claim arising from or related to the Services shall not exceed the amount of fees you paid to us in the 12 months immediately preceding the event giving rise to the claim.

13. Termination

You may close your account at any time by contacting us at support@trader.co.ke. Closing your account does not release you from any outstanding obligations under these Terms.

We may suspend or terminate your access to the Services at any time, with or without notice, if we believe you have violated these Terms or if we are required to do so by law.

Sections that by their nature should survive termination — including Intellectual Property, Disclaimers, Limitation of Liability, and Governing Law — shall remain in effect.

14. Changes to These Terms

We may update these Terms from time to time to reflect changes in our Services, legal requirements, or business practices. When we make material changes, we will notify you by email or through a prominent notice on the platform at least 14 days before the changes take effect.

Your continued use of the Services after the effective date of the updated Terms constitutes your acceptance of the changes.

15. Governing Law

These Terms are governed by and construed in accordance with the laws of the Republic of Kenya, without regard to its conflict of law provisions.

Any dispute arising from or relating to these Terms or the Services shall be subject to the exclusive jurisdiction of the courts of Nairobi, Kenya, unless otherwise required by mandatory local law.

16. Contact Us

If you have questions about these Terms, please reach out: