Terms of Service

1. Acceptance of Terms

By accessing or using the BareProp Limited website at bareprop.com (the "Site") and/or the trading platform at app.bareprop.click (the "Platform"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you must not use our Site or Platform. These Terms constitute a legally binding agreement between you ("User," "you," or "your") and BareProp Limited ("Company," "we," "us," or "our"), a company incorporated in the British Virgin Islands.

2. Company Description

BareProp Limited is a proprietary trading and trading technology company. We provide evaluation programs and direct funding opportunities for traders. BareProp Limited is not a broker, does not hold client funds for investment purposes, does not execute orders on behalf of clients, and does not provide financial advice or investment recommendations. All trading conducted through our programs is executed using company-owned capital only.

3. Eligibility

To use our services, you must be at least 18 years of age and have the legal capacity to enter into these Terms. By using our services, you represent and warrant that you meet these eligibility requirements. Individuals residing in jurisdictions where participation in proprietary trading programs is prohibited by local law are not eligible to use our services.

4. Account Registration

To participate in our programs, you must register an account at app.bareprop.click. You agree to provide accurate, complete, and current information during registration and to update such information as necessary. You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You must notify us immediately of any unauthorized use of your account.

5. Evaluation Programs

Our Evaluation Challenge is a two-phase assessment program designed to evaluate a trader's skill and discipline. Upon successful completion of both phases, qualified traders may receive a funded trading account. The specific rules, including profit targets, drawdown limits, trading day requirements, and profit splits, are published on our pricing page and are incorporated into these Terms by reference. BareProp reserves the right to modify evaluation rules with reasonable notice.

6. Direct Funding Programs

Our Direct Funding program provides immediate access to a funded trading account without the need to complete an evaluation challenge. The specific rules, including drawdown limits, profit splits, and scaling provisions, are published on our pricing page and are incorporated into these Terms by reference. By purchasing a Direct Funding plan, you acknowledge that the different risk parameters and profit split apply as specified.

7. Program Fees

Participation in our programs requires payment of the applicable fee as displayed on our pricing page at the time of purchase. All fees are stated in USD. Fees are non-refundable except as provided in our Refund Policy. The payment of a program fee does not constitute a deposit into a trading account. Program fees grant access to the evaluation or direct funding program only.

8. Trading Rules and Risk Parameters

All trading conducted through our programs must comply with the published risk parameters, including but not limited to daily drawdown limits, maximum drawdown limits, and trading day requirements. Breach of any risk parameter may result in account suspension or termination at our discretion. Specific rules for each program type are published on our website and Platform. It is your responsibility to understand and comply with all applicable rules before trading.

9. Profit Splits and Payouts

Profit splits for funded accounts are as follows: Evaluation Challenge funded accounts receive an 80/20 split (80% to trader, 20% to BareProp); Direct Funding accounts receive a 50/50 split. Payouts are processed on a bi-weekly schedule. The first payout on an Evaluation funded account is available after 14 trading days. The first payout on a Direct Funding account is available after 10 trading days. Payout processing times may vary. BareProp reserves the right to verify account compliance before processing payouts.

10. Scaling Plan

For Evaluation funded accounts, the scaling plan becomes available after 2 successful payouts. For Direct Funding accounts, the account size increases by 2% after each 10% profit milestone achieved without rule violations. Scaling is not guaranteed and is subject to ongoing compliance with all program rules. BareProp reserves the right to modify the scaling plan terms with reasonable notice.

11. Account Resets

Account resets may be available for evaluation accounts that breach risk parameters. Reset fees and conditions are specified in the trader dashboard. A reset restores the account to its initial balance and restarts the evaluation from Phase 1. There is no limit on the number of resets a trader may request. Resets do not affect the terms of any successfully completed phase.

12. Intellectual Property

All content on the Site and Platform, including but not limited to text, graphics, logos, icons, images, audio clips, software, and their arrangement, is the property of BareProp Limited or its licensors and is protected by applicable intellectual property laws. You may not reproduce, distribute, modify, create derivative works of, publicly display, or exploit any content from our Site or Platform without our prior written consent.

13. Prohibited Activities

You agree not to: (a) use our services for any unlawful purpose; (b) attempt to gain unauthorized access to our systems; (c) engage in any form of market manipulation, arbitrage exploitation, or latency trading that abuses platform infrastructure; (d) share your account credentials with third parties; (e) use automated systems designed to exploit platform vulnerabilities; (f) reverse-engineer, decompile, or disassemble any part of our Platform; or (g) make false or misleading statements about BareProp or its services.

14. Disclaimer of Warranties

Our Site and Platform are provided on an "as is" and "as available" basis without warranties of any kind, whether express or implied. To the fullest extent permitted by applicable law, BareProp disclaims all warranties, including but not limited to implied warranties of merchantability, fitness for a particular purpose, and non-infringement. We do not warrant that our Site or Platform will be uninterrupted, error-free, or free of viruses or other harmful components.

15. Limitation of Liability

To the fullest extent permitted by applicable law, BareProp Limited, its directors, employees, partners, agents, and affiliates shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, data, or other intangible losses, resulting from your access to or use of (or inability to access or use) our Site or Platform. This limitation applies regardless of the legal theory under which such liability is asserted.

16. Indemnification

You agree to indemnify, defend, and hold harmless BareProp Limited, its directors, employees, partners, agents, and affiliates from and against any and all claims, liabilities, damages, losses, and expenses arising from your use of our services, your violation of these Terms, or your violation of any rights of another party.

17. Modifications to Terms

BareProp reserves the right to modify these Terms at any time. We will notify users of material changes by posting the updated Terms on our Site with a revised "Last updated" date. Your continued use of our services after any such changes constitutes your acceptance of the new Terms. It is your responsibility to review these Terms periodically.

18. Governing Law and Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of the British Virgin Islands, without regard to its conflict of law provisions. Any disputes arising out of or in connection with these Terms shall be resolved through good-faith negotiation. If negotiation fails, disputes shall be submitted to binding arbitration in accordance with the rules of a mutually agreed arbitration body.

19. Severability

If any provision of these Terms is held to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect. The invalid or unenforceable provision shall be modified to the minimum extent necessary to make it valid and enforceable while preserving the intent of the original provision.

20. Entire Agreement

These Terms, together with our Privacy Policy, Risk Disclosure, Refund Policy, and Cookie Policy, constitute the entire agreement between you and BareProp Limited regarding the use of our Site and Platform, and supersede any prior agreements or understandings.

21. Contact Information

For questions about these Terms, please contact us at: support@bareprop.com

BareProp Limited
Incorporated in the British Virgin Islands