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SEAFUNDED TERMS OF SERVICE
LAST UPDATED: 6 JAN 2026
SeaFunded (together with its affiliates, “SeaFunded”, “we”, “us”, or “our”). SeaFunded operates an educational performance evaluation program that provides access to simulated trading environments, analytics, and educational content through our websites and applications (collectively, the “Platform”).
Please read these Terms of Service (the “Terms”) carefully. These Terms govern your access to and use of the Platform and all services we provide, including our evaluation programs, simulated accounts, dashboards, analytics, content, and any related tools (collectively, the “Services”).
By creating an account, purchasing any program, or using the Services, you agree to these Terms.
TABLE OF CONTENTS
Eligible Users
Not Financial Services / No Regulatory Protection
Orders, Fees, and Payment
Account, User Area, and Platform Access
Our Services and Simulated Trading
Evaluation Program
Rules of Simulated Trading and Prohibited Conduct
Rewards / Performance-Based Payments
Use of the Platform and Content
Disclaimers and Limitation of Liability
Breach and Enforcement
Refunds and Withdrawal Rights
Termination and Suspension
Technical Issues and Complaints
Changes to These Terms
Privacy and Data (including simulated trading data)
Governing Law and Disputes
Communications and Notices
General Provisions
Definitions
1. ELIGIBLE USERS
1.1 You may use the Services only if:
(a) you are at least 18 years old and legally capable of entering into contracts; or
(b) you are a legal entity validly existing under applicable law and an authorised representative accepts these Terms on its behalf.
1.2 You must not use the Services if you are subject to sanctions, restricted lists, or legal prohibitions under applicable law. We may also restrict Services in certain jurisdictions or to certain residents/citizens at our discretion.
1.3 You represent that all information you provide to SeaFunded is complete, accurate, and up to date. You must promptly update any changes.
1.4 If you do not meet eligibility requirements, we may decline your order or terminate your access immediately.
2. NOT FINANCIAL SERVICES / NO REGULATORY PROTECTION
2.1 SeaFunded is not a broker, dealer, investment adviser, or financial institution. The Services are educational and evaluative in nature and are not regulated financial services.
2.2 Simulated trading is not real trading. Orders placed in evaluation accounts are executed in a simulated environment and do not represent transactions in real financial instruments.
2.3 We do not provide investment, financial, legal, or tax advice. Nothing in the Services constitutes a recommendation to buy, sell, or hold any product or to follow any strategy.
2.4 You are solely responsible for your decisions and outcomes, including any use of information from the Services outside the Platform.
3. ORDERS, FEES, AND PAYMENT
3.1 To access certain Services, you must place an order (“Order”) for a specific program or account size. When we confirm your Order, a contract is formed between you and us (the “Agreement”). These Terms + the confirmed Order form the Agreement.
3.2 Fees vary by program/account size and any selectable options (“Options”). Once an Order is confirmed, Options typically cannot be changed for that Order.
3.3 Payments may be processed by third-party payment providers (e.g., card processors, QR/PromptPay partners, wallets). Your payment provider may apply separate terms and fees.
3.4 A fee is considered paid when we receive confirmation from the payment provider (or the funds are credited, depending on the method).
3.5 We may refuse or cancel Orders suspected of fraud, abuse, chargeback risk, or prohibited activity.
4. ACCOUNT, USER AREA, AND PLATFORM ACCESS
4.1 You must create an account to access the User Area. You are responsible for maintaining the confidentiality of your login credentials.
4.2 You may not share your account or allow third parties to access or operate it, except where explicitly permitted by SeaFunded in writing.
4.3 You are responsible for all activity performed through your account, whether authorised by you or not.
4.4 We may suspend access for maintenance, upgrades, or security reasons.
5. OUR SERVICES AND SIMULATED TRADING
5.1 The Services include:
(a) access to simulated trading accounts;
(b) dashboards, analytics, statistics, and reporting;
(c) educational materials and tools; and
(d) related support and account administration.
5.2 Market data may reflect real market pricing, but it is used solely to simulate market conditions. Simulated fills may differ from real-market execution.
5.3 You acknowledge that:
(a) simulated account balances are fictional and have no monetary value;
(b) results in simulated accounts do not represent real profits or losses; and
(c) the Evaluation Program is an assessment of performance under our rules.
6. EVALUATION PROGRAM
6.1 SeaFunded may offer a multi-stage evaluation process (for example: Challenge and Verification), with trading objectives (“Trading Objectives”) defined on the Platform at time of purchase.
6.2 Activation. The evaluation typically begins when you place the first simulated trade.
6.3 Pass/Fail. You pass a stage only if you:
(a) meet the Trading Objectives; and
(b) do not violate these Terms, including the Rules of Simulated Trading.
6.4 Inactivity. We may suspend or close an account after prolonged inactivity (e.g., no trades for a stated period), as shown in your User Area/program rules.
6.5 Evaluation finality. Our determination of pass/fail is based on our systems and records and is final, subject to correction of verified technical errors.
7. RULES OF SIMULATED TRADING, RESTRICTIONS, AND ENFORCEMENT
7.1 General obligation
You must comply with:
(a) the Trading Objectives and risk parameters displayed in your User Area; and
(b) these Terms, including all restrictions in this Clause 7.
We may introduce, modify, or apply additional restrictions at any time where we consider it necessary to protect the integrity of the Services, ensure replicability of simulated execution, prevent abuse, manage risk, or comply with legal or third-party requirements.
7.2 Personal use only / no third-party access
The Services are for your personal use only. You must not:
(a) share access or credentials with any third party;
(b) allow any third party to place trades on your behalf;
(c) provide or purchase “passing services”, account management, or copy-trading services; or
(d) coordinate trading with others to influence evaluation outcomes.
7.3 Major News Trading Restriction
7.3.1 Restriction. Unless explicitly permitted in your User Area, you must not open new trades, place new orders, or increase exposure during the Restricted News Window around Major News Events.
7.3.2 Restricted News Window. The Restricted News Window means ten (10) minutes before and ten (10) minutes after a Major News Event (total 20 minutes), or any other window specified in your User Area.
7.3.3 Major News Event. Major News Events include scheduled high-impact releases and central bank events that materially affect volatility, including rate decisions and press conferences, CPI/inflation, NFP/employment, GDP, and comparable high-impact events. We may determine (acting reasonably) whether a release qualifies as a Major News Event, including by reference to widely-used economic calendars and observed market impact.
7.3.4 Permitted action. Closing or reducing existing positions is generally permitted unless your User Area states otherwise.
7.4 Forbidden practices / abusive behaviour
You must not engage in any trading or platform use we reasonably determine is designed to exploit, game, or manipulate the Services, including (without limitation):
(a) latency/arbitrage strategies targeting execution anomalies;
(b) exploiting bugs, pricing errors, or system delays;
(c) strategies designed primarily to circumvent objectives or risk rules;
(d) hedging/coordination across accounts or related parties to bypass limits;
(e) prohibited automation, server spamming, or abusive infrastructure behaviour;
(f) behaviour we reasonably deem analogous to gambling or inconsistent with sustainable trading.
We may publish, update, or supplement examples of forbidden practices at any time (including within the User Area) and you must comply with the latest version.
7.5 Risk management and “replicability” standard
You agree to trade in a manner consistent with reasonable market practice. We may apply consistency measures and additional limits where we reasonably believe activity is not sustainable, not replicable, or is aimed at exploiting evaluation mechanics.
7.6 Enforcement powers
If we determine (acting reasonably) that you violated these Terms, program rules, or undermined integrity/fairness of the Services, we may, at our sole discretion:
(a) mark any stage as unsuccessful;
(b) cancel, adjust, or exclude any trades or results from calculations;
(c) reduce leverage (account-wide, symbol-specific, or temporarily/permanently);
(d) restrict or disable instruments/symbols/asset classes;
(e) impose limits on lot size, order types, number of positions, exposure per symbol, exposure per “trade idea”, correlation exposure, or trading hours;
(f) apply execution realism controls in the simulated environment, including modifying spreads, slippage parameters, execution delay, fill logic, and market-condition filters;
(g) suspend, restrict, or terminate access to the User Area, platform, or any account;
(h) block/limit/refuse further Orders;
(i) initiate reviews/interviews and require information;
(j) deny, withhold, delay, reduce, reverse, or cancel Rewards under Clause 8; and/or
(k) take any other measures we deem reasonably necessary to protect the Services, comply with law, or satisfy third-party requirements.
Actions may be taken with or without prior notice where immediate action is reasonably required.
7.7 Related accounts / aggregation
If rule breaches or forbidden practices occur across multiple accounts we reasonably believe are connected (common control, shared devices, shared payment methods, coordinated trading, or other linkage), we may apply enforcement across all such accounts, including termination and denial of Rewards.
8. REWARDS / PERFORMANCE-BASED PAYMENTS (DISCRETIONARY)
8.1 No entitlement
Any reward, performance fee, payout, remuneration, or similar payment (“Reward”) is entirely discretionary and not a contractual entitlement, even if trading objectives are met. Rewards are not trading profits, not investment returns, and are not derived from real-market trading.
8.2 Conditions precedent
Rewards (if offered) are subject to completion of any checks we require, including identity verification, compliance checks, risk reviews, and confirmation of adherence to these Terms and all program rules.
8.3 Right to refuse, withhold, delay, reduce, reverse
We may refuse, withhold, delay, reduce, reverse, or cancel any Reward where we reasonably suspect or determine (including by automated means):
(a) any breach of these Terms, program rules, or trading restrictions (including news restrictions);
(b) any forbidden practice, abuse, exploitative behaviour, or non-replicable strategy;
(c) fraud, chargeback, payment dispute, identity concerns, or suspicious account activity;
(d) account sharing, third-party trading, or coordination with others;
(e) inconsistent or manipulative patterns intended to game evaluation outcomes;
(f) non-cooperation with requested interviews/reviews or failure to provide requested information;
(g) third-party provider restrictions, blocks, or adverse findings (payment processor, platform provider, KYC provider, risk tools); or
(h) any scenario where paying a Reward would create or increase legal, regulatory, financial, operational, or reputational risk.
8.4 Reviews and withholding
We may conduct reviews at any time. Where a review is initiated, we may withhold Rewards and related processing until the review is completed to our satisfaction.
8.5 Chargebacks / disputes
If you initiate a chargeback, dispute, or payment reversal, we may suspend/close accounts and permanently refuse future service related to the disputed transaction, to the extent permitted by law.
9. USE OF THE PLATFORM AND CONTENT
9.1 All Platform content, branding, software, designs, text, graphics, and tools are owned by SeaFunded or licensors and protected by intellectual property laws.
9.2 You receive a limited, revocable, non-transferable license to access the Services for personal use under these Terms.
9.3 You must not:
(a) reverse engineer, decompile, or copy the Platform;
(b) scrape data using bots or automated tools;
(c) interfere with security or platform operations;
(d) upload malicious code;
(e) use SeaFunded trademarks without permission.
10. DISCLAIMERS AND LIMITATION OF LIABILITY
10.1 Services are provided “as is” and “as available.” We do not guarantee uninterrupted access, error-free operation, or that results will meet your expectations.
10.2 To the maximum extent permitted by law, SeaFunded is not liable for indirect or consequential damages, lost profits, lost opportunities, or data loss.
10.3 If liability is imposed by a court with jurisdiction, SeaFunded’s total liability will not exceed the fees you paid to SeaFunded for the specific Order giving rise to the claim (unless mandatory law requires otherwise).
11. BREACH AND ENFORCEMENT
11.1 If you breach these Terms, we may restrict your access, terminate Agreements, and/or block future use.
11.2 We are not obligated to provide compensation for enforcement actions taken under these Terms.
12. REFUNDS AND WITHDRAWAL RIGHTS
12.1 Refund eligibility (if any) depends on the program and your consumer rights under applicable law.
12.2 Chargebacks/disputes. If you dispute a payment through a bank/payment provider without first contacting us, we may suspend your account and decline future Orders.
12.3 Unless required by applicable law, fees are generally non-refundable once access is granted and/or the evaluation is activated.
Clause 13 (REFUSE SERVICE / CLOSE ACCOUNTS)
13. TERMINATION, SUSPENSION, AND RIGHT TO REFUSE SERVICE
13.1 Term
An Agreement remains effective until the stage is passed/failed, expires, or is terminated under these Terms.
13.2 Suspend/terminate immediately
We may suspend, restrict, or terminate access immediately where we reasonably determine that:
(a) you are ineligible or provided inaccurate/incomplete information;
(b) you breached these Terms or program rules;
(c) activity creates integrity, fraud, payment, compliance, or security risk;
(d) required by law, regulation, court order, or third-party requirements; or
(e) continued provision would adversely affect operations or fairness.
13.3 Refuse Orders
We may refuse any Order or refuse to provide Services at our discretion, including to prevent abuse or satisfy third-party requirements.
13.4 No compensation
Where we take action under Clauses 7, 8, or 13, you are not entitled to compensation except where required by mandatory law.
14. TECHNICAL ISSUES AND COMPLAINTS
14.1 If you believe a technical issue affected your results, you must notify us promptly with account details, timestamps, and a description.
14.2 We may investigate and, if we confirm an issue, may apply a remedy (e.g., correction, restart, or reasonable adjustment) at our discretion.
15. CHANGES TO THESE TERMS
15.1 We may update these Terms from time to time. We will post the updated version on the Platform and update the “Last Updated” date.
15.2 Continued use after an update constitutes acceptance of the revised Terms. If you do not agree, you must stop using the Services.
16. PRIVACY AND DATA (INCLUDING SIMULATED TRADING DATA)
16.1 We process personal data in accordance with our Privacy Policy and applicable data protection laws (including Thailand’s PDPA where applicable).
16.2 We collect and process simulated trading data and platform usage data for operating the Services, preventing abuse, improving performance, analytics, and compliance.
16.3 We may analyse and use aggregated/anonymised simulated trading data to improve Services and internal research. You are not entitled to compensation for such use.
17. GOVERNING LAW AND DISPUTES
17.1 These Terms and any dispute arising from them are governed by the laws of Thailand, without regard to conflict-of-laws principles.
17.2 Courts of Thailand shall have jurisdiction, unless mandatory consumer protection rules require otherwise.
18. COMMUNICATIONS AND NOTICES
18.1 We may contact you via email, in-platform notices, or other electronic means.
18.2 You are responsible for maintaining access to your registered email address.
19. GENERAL PROVISIONS
19.1 If any provision is held invalid, the remaining provisions remain in force.
19.2 You may not assign your rights under these Terms without our written consent. We may assign our rights and obligations.
19.3 No waiver is effective unless in writing.
20. DEFINITION
Key terms used in these Terms:
Agreement: These Terms + confirmed Order.
Order: A purchase/registration for a SeaFunded program.
Services: The Platform, simulated accounts, analytics, education tools, and related services.
Simulated Trading: Trading activity executed in a demo/simulated environment.
Trading Objectives: Targets/limits shown in your User Area for the program.
Rewards: Performance-based payments subject to verification and rules.
Acknowledgment
By Purchasing a Challenge with SeaFunded, you acknowledge that you have thoroughly read, understood, and agreed to comply with the Responsible Trading Policy.
