Terms of use micro trader

Indemnity and Liability.

1. 
   The company shall not be liable to Client or to any third party except by reason of acts that constitute grossnegligence, bad faith or intent to defraud on behalf of the company.
   
2. 
   Client will indemnify, hold harmless, and defend the Company and its members against any liability, loss cost,damage, or expense and any amount paid in settlement thereof to which any of them may become subject to in acting pursuant to or in furtherance of this Agreement or in connection with any transaction for the Account.
   
3. 
   The company will not hold the client financially liable for any losses incurred by Investors on Real Tradingaccounts, which were the result of technical issues, or caused due to ‘unusual’ market movements, which could not be avoided with risk mitigation.
   
4. 
   Only one user profile per verified individual is permitted and only one active trading Evaluation(phase 1) account ispermitted at the time. One user profile/verified individual can have multiple accounts with the Proprietary company
   

(phase 3). Traders are not permitted to allow others to trade their account and may not trade on any other
NovaFunding account. IP addresses, device IDs and behavioral data maps will be used by the automated risk system as a basis for determining unauthorized trading activity. All traders must be contactable on the telephone number provided during verification at any time a position is held in the markets. NovaFunding reserve the right to demand extra video verification at anytime. Failure to contact the trader or to verify identity will result in trade deletion and/or account suspension.

5. 
   The trader/customer party agrees that they have read through the entirety of the FAQ section of nova-funding.com(both homepage and faq link) and are familiar and up to date with all terms of service before moving forward to trade the "experienced trader" stage, which at some points may be refereed to as the "Funded" stage.
   
6. 
   Customer understands and is aware that the "funded" or "experienced trader" account is a fully simulated accountwith live simulated market conditions in which a trader is eligible for performance commission payouts in accordance with the Nova Trading Solutions LLC terms of service, rules, and metrics.
   
7. 
   Trader is subject to hold responsible their own tax at the end of the year as an Independent Contractor for NovaFunding.
   
6. 
   Refund Policy: The client has the right to cancel the ordered services within 14 days of purchasing the services (NovaFunding Trading Evaluation) if the challenge account has remained un-traded and not used. The client is aware and agrees that this does not apply after starting to use the services, meaning opening the first trade on the allocated Evaluation account. More about refund and cancellation policy on NovaFunding General Terms and Conditions (https://nova-funding.com/legal)
   
7.