Rules & Terms

Overview

These Bulltador general rules and challenge terms (referred to as the "Terms") govern your participation in the Bulltador Challenge plans, as well the 'Instant funded accounts' or any passed challenge and issued verified account.

Offered by Bulltador FZ-LLC (Business Registration No. 45032096, with its registered office at Office No. 1405, Al Hulaila Industrial Zone-FZ, Compass Building, RAKEZ, Ras Al Kaimah UAE. Bulltador FZ-LLC, processes payments in connection with the Services. By entering the Bulltador Challenge plans or instant funded account, you (referred to as the "Customer" or "Counterparty") agree to be bound by these Terms. Please read the following Terms carefully. If you do not agree to these Terms, you are not eligible to participate in the Bulltador Challenge's or use any "Funded Accounts".

Definition of "Funded Accounts"

For the purpose of these Terms, "Funded Accounts" shall exclusively refer to simulated trading accounts operating within a controlled live environment, provided solely for the purpose of assessing the Customer's trading performance under predefined conditions. These accounts do not represent or grant access to actual capital or real funds, nor do they involve any live financial market exposure or actual monetary gain or loss.

Notwithstanding any terminology or marketing language used (including, without limitation, the term "funded"), all such accounts are entirely virtual in nature and are intended solely for evaluation purposes within a demo trading infrastructure. The Provider makes no representation that trades executed within these accounts occur in real market conditions or result in any form of actual financial transaction.

The Customer expressly acknowledges and agrees that no fiduciary, agency, brokerage, custodial, or investment management relationship exists between the Customer and the Provider in relation to the use of these accounts.

Specific Challenge Rules

SECTION 1 – CHALLENGE MODELS

1.1 Challenge Models

The Bulltador Challenge consists of various models, each with its own set of parameters. These models are designed to evaluate your trading skills. Detailed information regarding each model is provided during registration. Currently we have 4 different account types, 1-Phase, 2-Phase Challenges, Day-trader account, and Instant funding.

1.2 Trading Guidelines

The Customer must adhere to the guidelines listed below. Failure to do so shall result in account termination or failing the challenge.

1.2.1 Daily Loss Limits

The Customer must not exceed the specified daily loss percentage of the initial account size, inclusive of charges and swaps:

• Phase 1 & 2 Challenge type: 5% daily maximum drawdown
• Instant Funded account: 5% daily maximum drawdown
• Day Trader Special: 10% daily maximum drawdown

All our plans are based and calculating on equity-based drawdown.

1.2.2 Overall Loss Limits

The Customer must not exceed the specified total loss percentage at any given time:

• Phase 1 & Phase 2 accounts 10% overall loss maximum permitted
• Instant Funded Account: 7% overall loss maximum permitted
• Day Trader Special 10% overall loss maximum from the initial balance permitted

1.2.3 Minimum Trading Days Requirement

The Customer must trade a minimum number of days depending on the model:

• 24 hours for being eligible for a payout (Eligibility yes, terms read below)

However, the first payout, can be earliest processed after being minimum 30 days registered with your account, afterwards in an interval of 14 days (counting new, per each account).

1.2.4 Profit Target

The Customer must achieve a minimum profit growth as specified below:

• Phase 1 Challenge: 7% Profit growth on initial account balance
• Phase 2 Challenge: 5% Profit growth on initial account balance

1.2.5 Express Model

The 'non-consistency' designation exempts the Provider from consistency rules, while the 'Consistency' designation mandates adherence to the consistency rule detailed in the FAQ.

1.2.6 Technical Flaw Exploitation

Exploiting system flaws is prohibited and may lead to suspension.

1.2.7 Hedging

Hedging within a single Bulltador account is allowed. Cross-account hedging or with other firms is not permitted.

1.2.8 Costs

All service-related costs are the Provider's responsibility.

1.2.9 Applicable Rules

FAQ/Rules govern all Bulltador accounts.

1.2.10 Modification by Add-ons and Special Offers

These may alter trading guidelines temporarily.

SECTION 2 – PROHIBITED TRADING PRACTICES

Trading behaviours outlined in this section or FAQ are strictly prohibited and may result in account termination. Examples include:

• Exploiting errors or delays (e.g., Latency Trading)
• Using external/slow data feeds
• Group or opposite trades
• Use of AI, bots, or HFT systems
• Arbitrage strategies
• Hedging positions in different directions, with two different accounts
• Liquidity manipulation
• Grid trading, tick scalping, account rolling
• Copy trading without permission
• Account sharing or third-party trading
• Unusual lot sizes or inconsistent position sizes
• Excessive risk or leverage

To uphold the integrity of the Bulltador CFDs Challenge and ensure equitable assessment of trading, the following trading behaviours and practices are expressly prohibited. Any breach of these provisions may result in immediate disqualification from the Challenge, termination of the Customer's account, and forfeiture of all associated rights, rewards, or fees.

1. Overleveraging

Overleveraging is defined as the act of exceeding the prescribed maximum lot size limits applicable to a given account type. This practice significantly elevates risk exposure and undermines the risk parameters of the Challenge.

For example, in a $100,000 One/Two-Phase Challenge Account, the maximum permissible lot size for currency pairs is 5 standard lots. Any activity surpassing this threshold—such as opening 20 lots on EURUSD and 20.5 lots on GBPUSD (totalling 40.5 lots)—constitutes a direct violation of this rule.

Customers are required to strictly adhere to these limitations. These thresholds are implemented to ensure proportional risk management and simulate realistic institutional trading conditions. For full details regarding lot size restrictions across asset classes and account tiers, Customers must acknowledge the applicable conditions in our Bulltador FZ-LLC traders contract, to sign and accept.

2. Gambling and Excessive Risk Exposure

The Customer shall not engage in any trading behaviour deemed speculative, reckless, or resembling gambling. Specifically:

• For all funded accounts, executing a trade wherein more than 50% of the maximum allowable daily drawdown is placed at risk in a single trading idea, irrespective of asset class or position size, shall constitute a "hard breach" and grounds for immediate disqualification.
• For Instant Funding accounts, which are exempt from daily drawdown rules, the maximum allowable exposure per single trade idea is capped at 3% of the total account balance.

These rules are strictly enforced to promote disciplined and sustainable trading practices.

3. Hedging Different Directions, with 2 Different Accounts

Hedging in one and the same account, is allowed. This is what professional traders are doing, however hedging with 2 different accounts, is not allowed (even not in same name, as this is not counted as legit trading).

Let's say the trader buys on one account EURUSD long, (the trade starts to lose, meanwhile he opens a EURUSD short) with a second account purchased. That's not defined as proper trading, as one account going to profit (pass the challenge / get a payout in the funded account). We tolerate every legit and proper executed trading style and strategy, open the same trade in different direction with 2 different accounts is not tolerated, on the same account we have no issues with it.

4. Unauthorized Copy Trading

The replication of trades across accounts not legally or contractually owned by the Customer is strictly prohibited. This includes, but is not limited to:

• Automated or manual copying of trade strategies from unrelated third-party accounts.
• Use of shared account management services or subscription-based signal providers.
• Behavioural mimicry of trade patterns from non-affiliated accounts.

Permissible exception: Customers may replicate trades only across accounts under their personal ownership, including accounts held at other proprietary trading firms or retail brokerages.

5. Reverse Trading and Group Hedging

The practice of Reverse Trading—entering equal and opposite positions in multiple accounts to neutralize market exposure—is prohibited. Similarly, Group Hedging, where multiple individuals coordinate to distribute risk across accounts through complementary trades, is not permitted.

These practices are deemed manipulative and violate the spirit of fair-trading evaluation.

6. Group Copying and Account Management

Group Copying refers to scenarios in which:

• Multiple accounts utilize the same public EA with identical configuration parameters; or
• Trades are copied from another user, manually or automatically.
• Organized groups of traders, which open pre-discussed and at the same time, but on different accounts from each other trades in different directions to ensure that one of their accounts going to profit. We have detection tools which will allow us to find and track those activities, which will lead to the direct disqualification and ban of our prop-firm.

Any pattern of behaviour that suggests centralized control or outsourcing of trading responsibilities is considered unauthorized account management.

Furthermore, any instance where a party other than the verified account holder is executing trades—including under the guise of account rental, collaboration, or covert management—constitutes a breach of KYC/AML regulations and will lead to immediate account termination.

Misrepresentation of trader identity, or deliberate obfuscation of account ownership, whether on Bulltador's platform or any third-party simulated funding environment, shall be treated as a serious contractual violation.

8. Account Churning (Rolling)

"Churning" refers to the repeated creation, rapid breach, and re-initiation of funded or challenge accounts, typically involving high-risk, unsustainable strategies. This behaviour undermines the purpose of performance evaluation and will be identified by platform monitoring systems.

Bulltador reserves the right to deny further account creation, reset challenges, or permanently bar participation in the Challenge for individuals or entities engaging in this behaviour.

9. Exploitation of System Glitches or Platform Inefficiencies

The following are expressly prohibited and considered forms of system abuse:

• Exploiting technical errors, price feed discrepancies, or latency delays.
• Engaging in gap trading, reverse arbitrage, or any practice designed to capitalize on temporary inefficiencies or execution delays within the platform.
• Use of tick scalping, toxic order flow, server overload techniques, or any unfair order execution manipulation.

Such actions are considered violations of platform integrity and may trigger immediate enforcement actions, including termination without notice.

10. Performance Reward

A performance reward (e.g., 15% in 1, depending on challenge type) is credited once you achieve 10% profit on the funded account. The 15% reward or performance award get granted of the amount of profit achieved with the first payout in the funded stage.

Let's say the trader achieved with his $100,000,- account a payout of $10,000,- then he / she is eligible to get and receive additional $1,500 as per first performance reward. Notice: The performance reward will be only applied, in the account types where it is indicated, in our challenge board. This reward is only applicable on the first payout, and only on indicated challenge accounts.

Bulltador FZ-LLC reserves the right to take immediate corrective actions, including termination, restriction, or modification of services.

SECTION 3 – KNOW YOUR CUSTOMER (KYC)

3.1 Know Your Customer (KYC)

• Required to verify identity and comply with anti-money laundering (AML) regulations.
• Verification must be performed only by the individual account holder.

3.2 Customer Due Diligence (CDD)

• ID verification with one of our two providers, Verifee or SumSub
• Understanding trading purpose and strategies
• Ongoing monitoring
• Proven trading skills, in the framework of our set risk parameters

3.3 Enhanced Due Diligence (EDD)

• May involve extra documents, video verification, strategy reviews.

3.4 KYC Process

• Verification via Verifee or SumSub
• Acceptable documents: Passport, National ID.
• KYC completed post-challenge phase.
• KYC conducted via third-party providers (e.g., Verifee, Sumsub).
• Bulltador FZ-LLC does not store KYC data.

Section 4 – Refund Policy

• Customer Termination: No refunds upon termination request.
• Violations: No refunds for severe breaches.
• Service Activation: First trade confirms waiver of withdrawal rights.
• Non-Activation: 30-day inactivity leads to suspension.
• Disputes & Chargebacks: May result in service suspension or withholding rewards.
• We have a strict no-refund policy, for purchased promotions, offers and challenges. The refund we do, is after the trader achieved the passed challenge, then he will get refunded the challenge fee he initially spends per the account.
• Trader gets the refund for the challenge, with their first payout.

Section 5 – Dispute Resolution Policy

• Trading paused during disputes.
• False disputes lead to suspension and blacklisting.
• Accounts reinstated only after withdrawal of disputes with proof.
• Reactivation may take up to 60 business days.
• Contact: [email protected]

Section 6 – Entire Agreement

This document constitutes the entire agreement between the Customer and Bulltador FZ-LLC and supersedes any prior agreements.

Section 7 – Governing Law

These Terms are governed by the laws of the United Arab Emirates.

Section 8 – Local Law

Customers must comply with all local laws. Bulltador FZ-LLC is not liable for any breaches of local laws by the Customer.

Section 9 – Changes to Terms

Bulltador FZ-LLC may modify these Terms at any time. Continued use of the services constitutes acceptance of changes.

Section 10 – Contact Information