FEWPIPS TERMS AND CONDITIONS

This Client Service Agreement (“Agreement”) establishes the contractual framework between the individual user (the “Client”) and Fewpips, a corporate entity organised under the jurisdiction of St. Lucia. We own and manage the virtual trading simulations accessible via www.Fewpips.com portal (the “Site”).

By interacting with our platform or purchasing an Evaluation, the Client confirms their total agreement with these terms. Usage of the Site is prohibited if any part of this Agreement is not accepted.

1. CORE PRINCIPLES

1.1 Entity Information

The platform is operated by Fewpips located in St Lucia, Registration No. 203341234 (referred to herein as “Few Pips,” “the Company,” “we,” or “us”).

1.2 Binding Contract

A legal bond is formed the moment a Client registers an account or engages with any Company resource.

1.3 Eligibility Criteria

Access is strictly limited to adults (18+). By registering, you confirm you possess the legal capacity to enter this contract.

1.4 Prohibited Regions

Fewpips does not facilitate users from high-risk or sanctioned territories. This includes, but is not limited to: Afghanistan, Belarus, Central African Republic, Cuba, Democratic Republic of Congo, Iran, Libya, Mali, Myanmar, North Korea, Russia, Sudan, South Sudan, Syria, Venezuela, Yemen, and the regions of Crimea, Donetsk, and Luhansk. We reserve the right to restrict further regions without prior notice to maintain regulatory compliance.

We enforce these restrictions via active IP monitoring and geo-blocking. The use of unauthorised VPNs or VPS to circumvent these restrictions is a material violation.

1.5 Pure Simulation Disclosure

The Client acknowledges that all activities are strictly educational and investigative simulations.

• Virtual Environment: All accounts use demo or virtual balances.
• No Market Execution: No orders reach live exchanges or liquidity providers.
• Payout Basis: Rewards are calculated based on success within the virtual environment and represent a contractual performance fee, not a share of real-market capital gains.

1.6 Professional Disclaimer

Few Pips is not a financial institution, broker-dealer, or investment advisor. We do not provide:

• Direct access to financial markets.
• Investment or tax consultancy.
• Custody of client funds for trading purposes.

The Provider is not a broker, fiduciary, or financial advisor and owes no duty of care beyond providing access to the simulation platform.

1.7 Information Integration

The specific parameters of our challenges (targets, drawdown limits, pricing) are found on the website. If a conflict arises between these Terms and the Website, these terms takes precedence regarding technical trading metrics.

2. SERVICE PROVISION & ORDERS

2.1 Account Activation

Services are secured via the Site. Credentials for the simulation environment are sent immediately to the registered email address following verified payment.

2.2 Evaluation Models

We offer various paths to professional simulation, including:

• Multi-Step Evaluations (1, 2, 3 Phase)
• Instant Account

2.3 Data Integrity

Users must provide accurate personal details. Discovery of fraudulent or deceptive information grants Fewpips the authority to terminate all active Evaluations without liability. Payouts are strictly contingent upon successful completion of KYC verification via our designated process. Clients have exactly 30 calendar days from passing an Evaluation to complete KYC; failure to do so results in invalidation of the result. The Provider reserves the right to merge or terminate accounts found to be associated with the same person via IP address, hardware ID, or payment method.

2.4 Refunds & Disputes

• Eligibility: Refunds are only considered if no trades have been executed on the account.
• Chargebacks: Initiating a payment dispute or chargeback results in an immediate, permanent ban and the forfeiture of all progress.

3. PROTOCOLS FOR SIMULATED TRADING

3.1. Prohibited Conduct

To maintain the integrity of our evaluation process, the following behaviors are strictly forbidden:

• Latency arbitrage or feed arbitrage.
• Copying Trades from other Fewpips Accounts.
• Use of outdated or external price feeds.
• High-frequency or ultra-automated execution.
• Third-party account management / unauthorised copy-trading.
• Tick Scalping.
• One-Sided Betting
• Hedging between multiple accounts.
• Extreme martingale or grid trading.
• Trading during restricted news events.
• Use of unapproved EAs or bots.
• Any manipulation, abuse, or unfair advantage.
• The Company reserves the right to categorise All-in trading or excessive margin utilisation (over 70%) as gambling behavior and grounds for termination.

3.2. Technical Rules

• Expert Advisors (EAs): Must be pre-vetted. You must be able to prove the strategy is yours or significantly unique. EA’s are NOT permitted to be used on any Funded Accounts.
• Hardware Limits: Access is restricted to a maximum of three (3) unique devices. Inconsistent login patterns may trigger a security review.
• Traders must maintain a consistent trading style across all phases. Switching from automated to manual trading (or vice versa) after passing is prohibited.
• Stop Loss & Take Profit: The use of Stop Loss and Take Profit's must be used on ALL Funded accounts.
• Single trade should not exceed 2% of the account size (initial balance): Splitting up a trade into multiple positions will be counted as one single trade for this rule. If a new position is opened within 10 minutes of closing a position, in the same direction, it will also be considered as a single trade idea for this rule.

3.3. Failure & Inactivity

• Breach: Violating a drawdown or prohibited practice rule ends the Evaluation instantly.
• Stagnation: Accounts with 30 days of zero activity will be archived and deactivated.
• The Client must report any technical discrepancies or platform glitches within seven (7) calendar days. Claims made after this window are deemed waived.

4. PERFORMANCE TRANSFERS & PAYOUTS

4.1.Trading Cycles & Initial Eligibility:

A Trading Cycle is the countdown to a payout and begins automatically the moment the Client places their first trade. Eligibility for rewards depends on the account model:

• Fewpips 1-Step: Rewards are available every five (5) business days
• Fewpips 2-Step: Initial reward eligibility after twenty-one (21) days; subsequent cycles follow a fourteen (14) day period.
• Fewpips 3-Step: Initial reward eligibility after twenty-one (21) days; subsequent cycles follow a fourteen (14) day perio
• Fewpips Instant: Rewards are available every fourteen (14) day cycle.

4.2. Maintenance & Quality Rules

To remain eligible for a Performance Reward, the following maintenance rules must be satisfied during each cycle:

• Active Trading Days: The Client must adhere during the cycle depending on their account type and size..
• The 3-Minute Quality Rule: A day is only recorded as "Active" if it contains at least one trade held open for three (3) minutes or longer.
• The 40% Consistency Rule: No single trading day’s profit can exceed 40% of the total profit for that cycle. If this threshold is exceeded, the Client must continue trading to grow the total profit until the "big day" represents 40% or less.

4.3. Payout Limits & Logistics

• Reward Thresholds: Minimum request is $50 USD

Max:

Fewpips Instant Account:

• $3,000: $1,000 Withdrawal Limit Per Cycle
• $5,000: $2,000 Withdrawal Limit Per Cycle
• $10,000: $3,000 Withdrawal Limit Per Cycle
• $25,000: $4,000 Withdrawal Limit Per Cycle
• $50,000: $5,000 Withdrawal Limit Per Cycle

Fewpips Instant Account:

• $5,000: $1,000 Withdrawal Limit Per Cycle
• $10,000: $2,000 Withdrawal Limit Per Cycle
• $25,000: $3,000 Withdrawal Limit Per Cycle
• $50,000: $4,000 Withdrawal Limit Per Cycle
• $100,000: $5,000 Withdrawal Limit Per Cycle

Fewpips 2-Step Account: $1,000 Withdrawal Limit Per Cycle

Fewpips 3-Step Account: $1,000 Withdrawal Limit Per Cycle

• The Trading Day Rule: Following a successful withdrawal, the User must completely adhere to the trading days outlined in the selected account and size (meeting all consistency and risk rules) to unlock the next withdrawal.
• Processing Timeline: Requests undergo an audit (24–48 business hours) followed by processing (24–48 business hours). Total estimated lead time is 5–7 business days.

4.4. Professional Scaling (Tier 2 & 3)

After successfully completing three (3) verified withdrawals, the Client graduates to Professional Scaling:

• 1-Step Model: The 5% growth requirement is removed; withdrawals are available every 5 days regardless of growth percentage.
• 2-Step Models: Consistent 14-day cycles from the start of Tier 2.
• 3-Step Models: Consistent 14-day cycles from the start of Tier 2.
• Instant Account: Consistent 14-day cycles from the start of Tier 2.

Profit Split: The default profit split of 80% (70% for Instant) increases to 90% (80% for Instant) for all subsequent rewards in Tier 2.

After successfully completing the next three (3) verified withdrawals, the Client graduates to a 90% profit split for Instant Account from the 7th withdrawals onwards.

4.5. Non-Compliance Protocols

• Net Loss: If a cycle concludes in a net loss, the cycle is automatically extended until the account returns to profit, provided no maximum loss limits are breached.
• Consistency Breach: The Client must continue trading until minimum trading days active requirement and the 40% consistency threshold are met.

5. Fees and Charges

5.1. Transaction Fees:

• All deposits and withdrawals processed through the Platform are subject to a 3% transaction fee.

5.2. Deposit Fees:

• Upon initiating a deposit, a 3% fee will be added to the transaction total. This fee must be covered by the User to ensure the intended net amount is credited to the trading account.

5.3. Withdrawal Fees:

• For all withdrawal requests, the 3% fee will be automatically deducted from the requested withdrawal amount. The net amount received by the User will be the requested amount minus the 3% processing fee.

5.4. Policy Updates:

• Fewpips reserves the right to adjust fee structures at its discretion. Continued use of the platform following fee updates constitutes acceptance of these terms.

5.5. Commission Structure:

• All trades executed on the platform are subject to a commission charge applied upon both the opening and closing of each trade. The commission structure is uniform across all account sizes and applies to all account types as follows:

Fewpips 1-Step, 2-Step, 3-Step & Instant Accounts:

• Forex: $3 per standard lot (one side) — $6 total per standard lot round trip
• Indices: $3 per standard lot (one side) — $6 total per standard lot round trip
• Commodities/Metals: $3 per standard lot (one side) — $6 total per standard lot round trip
• Crypto: 0.04% of the opening price per lot

Commissions are charged on a per-side basis, meaning a fee is applied when a trade is opened and again when it is closed. The above rates apply equally across all account sizes.

6. RISK & RESPONSIBILITY

6.1. Performance Consistency

In funded stages, a Consistency Rule applies: no single trading day can account for more than 40% of your total profit for that cycle. This ensures professional risk management rather than lucky gambling.

6.2. Liability Cap

Few Pips provides the simulation as-is. Our total financial liability to any Client is strictly limited to the purchase price of the Service in question. In Force Majeure events (e.g., MT5 outages), the Company reserves the right to roll back account balances or void trades affected by the outage.

7. FINAL LEGAL PROVISIONS

7.1. Withdrawal Rights

In accordance with consumer laws, you have a 14-day window to withdraw from this contract. However, executing your first trade signifies a request for immediate service, which waives your right to a refund.

7.2. Amendments

We may update these terms to reflect market changes. Clients will receive 7 days' notice of significant changes via the email provided at registration.

7.3. Governing Law

This agreement is governed by the laws of St Lucia, and any disputes shall be settled exclusively in the courts of St. Lucia.

7.4. Non-Disparagement

Clients agree not to engage in disparagement or smear campaigns against Fewpips on any public forum. Such conduct is grounds for account termination.

7.5. Neutral Interpretation

Ambiguities in this contract shall not be automatically ruled against Fewpips as the drafting party.