Terms of Service
1. INTRODUCTION
Amadeux offers a crowdfunding program called the “Amadeux Challenge,” accessible via the websitewww.amadeux.com andits subdomains (the “Website”). By purchasing and participating in the “Amadeux Challenge,” you agree to comply with the terms and conditions set forth in this Agreement, as well as our Privacy Policy and Cookie Policy.
Service Provider:
AMDX Technologies LLC, located at 224 W 35th St, Ste 500, Manhattan, NY 10001, United States of America (“Amadeux” or “We”).
2. Registration and Acceptance of Terms
2.1 Registration: Toaccess and use Amadeux’s services, you must register by creating an account on our platform. During the registration process, you will be required to accept these Terms by checking a checkbox.
2.2 Acceptance of Terms:By accepting these Terms, you authorize us to apply our company policies regarding the use of our services, privacy, and cookies.
3. Funding Program Challenge’
Amadeux is a training platform for traders, whose goal is to train profitable traders through a Funding Program ‘Amadeux Challenge’. The program is a training exercise that combines the use of demo accounts with Amadeux’s advanced training platform.
3.1 Purchasing the ‘
’ Program
You can only purchasethe ‘Amadeux Challenge’ program after accepting the Terms of Service, Privacy Policy, and the use of cookies during the registration process.
3.2 How the ‘
’ Program Works
Uponpurchasing the program, the trader gains access to broker accounts and our training platform. This platform collects data on trades executed in the accounts, at every tick or time interval, to analyze compliance with established rules.
The trader has a profit target for each Step ; among other rules, upon reaching it, they advance to the next Step they acquire the funded account, which allows them to earn rewards.
3.3 Rewards in the funded account
We offer a reward for achieving consistent profits in an account we call the fundedaccount.”
● Upon the first withdrawal made from the funded account, 100% of the payment you made for the completed program funded returned to you.
● The trader may withdraw 80% of the profits; such withdrawals are subject to the program rules, withdrawal conditions, and scale plan.
3.4 Terms of Service:
The terms of service and specific agreements between Amadeux and the client are reflected in these Terms of Service and private agreements and must be adhered to at all times.
4. Right to Block Access
4.1 Policy Violations:We reserve the right to block access to the website and services for any customer who violates our usage policies, without prior notice.
4.2 Damage to Reputation:Users are required to respect our brand and uphold our reputation. If a user damages our reputation, we reserve the right to deny them access and cancel the contracted services.
5. User Obligations
5.1 Accurate Information:You agree to provide accurate and complete information during the registration process and to keep such information up to date.
5.2 Compliance with Rules:You agree to comply with all service rules set forth on our website and in any private agreement with Amadeux.
5.3 Right to Reputation:You agree to respect the company’s reputation and not to disseminate false information; any action intended to damage the company’s reputation, such as false reviews, will constitute a breach of contract.
6. Intellectual Property
6.1 Ownership Rights:All intellectual property rights related to the platform, the services, data collected from trading accounts, and content provided by Amadeux are the exclusive property of Amadeux.
‘Amadeux’ reserves the right to use all evaluation data for the development of its own technology and ‘Amadeux’ artificial intelligence.
6.2 Use of the Trademark:Users may not use the Amadeux trademark without Amadeux’s prior written consent. Any unauthorized use of our trademark will be considered a breach of these Terms.
7. Limitation of Liability
7.1 Services Provided “As Is”:Amadeux’s services are provided “as is” and “as available.” We do not guarantee that the services will be free of errors or interruptions.
7.2 Limited Liability:To the fullest extent permitted by law, Amadeux shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or for any loss of profits or revenue, whether incurred directly or indirectly, or for any loss of data, account cancellations by the broker, use, goodwill, or other intangible losses resulting from your use of or inability to use the services.
The data of the symbols traded by the user are only provided by independent brokers subject to regulations, Amadeux does not intervene in any case in: the execution of trades, prices, spreads, commissions or symbols offered by the broker.
8. Compliance with Applicable Regulations
None of the services provided to the client by Amadeux may be considered investment services. Amadeux does not give or provide the client with any guidance, instructions, or information regarding how or in what manner the client should execute transactions when using the services or otherwise, nor any other similar information regarding the traded investment instruments, and Amadeux does not accept such guidance, instructions, or information from the client. Neither the services nor the recommendations constitute investment advice. Amadeux’s employees, staff, and representatives are not authorized to provide investment advice or recommendations. If any information or statement by Amadeux’s employees, staff, or representatives is interpreted as investment advice or recommendations, Amadeux expressly disclaims that such information or statement constitutes investment advice or recommendations and shall not be liable for them.
9. Know Your Customer (KYC)
Amadeux implements robust and comprehensive procedures in accordance with legal and regulatory requirements regarding Know Your Customer (KYC), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD).
9.1 KYC Objectives:
● To establish an efficient mechanism for identifying and verifying potential customers.
● To mitigate money laundering risks through the collection and analysis of relevant information.
9.2 KYC Procedures:
● KYC verification must be performed solely by the individual account holder. KYC verification by multiple individuals for a single account is strictly prohibited.
● Identity verification shall be based on original or duly certified documents.
● The customer must provide valid photo identification documents, including: national ID card, passport, or driver’s license.
9.3 Customer Due Diligence (CDD):
● Collect verifiable customer identification data to unequivocally establish the customer’s identity.
● Understand the nature and purpose of the customer’s trading activities.
● Continuously monitor trading activities to ensure they are consistent with the trading strategy declared by the customer.
9.4 Enhanced Due Diligence (EDD):
● Implement additional verification measures for business relationships or transactions that pose a high risk.
● Obtain additional identity verification documentation.
● Conduct detailed interviews to assess the legitimacy of the customer.
● Closely monitor the customer’s trading activities to assess compliance with agreed-upon practices.
10. Program Rules
To gain access to the funded account, funded must achieve the profit target in your account’s closed balance, with no open trades and having met the minimum number of trading days, without having violated any of the program rules or the prohibited practices listed below.
The program rules are specified on the website and in private agreements, subject to change, and are as follows:
2-Step Evaluation Step :
First Step.
| Concept | Detail |
|---|---|
| Period of trading days | Unlimited |
| Minimum Trading Days | 5 days |
| Daily Loss | -5% |
| Total Loss | -10% |
| Profit Target | +8% |
Second Stage
| Concept | Detail |
|---|---|
| Period of trading days | Unlimited |
| Minimum Trading Days | 5 days |
| Daily Loss | -5% |
| Total Loss | -10% |
| Profit Target | +5% |
Funded Account
| Concept | Detail |
|---|---|
| Period of trading days | Unlimited |
| Minimum Trading Days | Not applicable |
| Daily Loss | -5% |
| Total Loss | -10% |
| Profit Target | Not applicable |
Plan Scale
| Level | Benefit | Requirements |
|---|---|---|
| FUNDED TRADER | 100% refund for the purchase of the Challenge at the first retreat. | Successfully pass the evaluation stages and access the funded account. |
| PRO TRADER | Increase in profit sharing to 90%. | Withdraw 3 times and accumulate more than 5% profit. |
| MASTER TRADER | Increase +40% of the initial balance of the funded account. | Withdraw 7 times and accumulate more than 15% profit. |
| VIP TRADER | -Double x2 the initial balance of your funded account. Fixed salary hiring option. | Withdraw 15 times and accumulate more than 25% profit. |
11. Trading Requirements
Inactive Account: A trading account becomes inactive when it does not receive any orders to open or close a position for a specific period of time. which may vary by broker. Generally, if an account is not traded for 15 days, it will become inactive. If your account becomes inactive, you must contact support, and it will be reactivated provided you have not executed any trades; however, if you have already traded, the Challenge marked as failed.
12. Permitted Practices
● Program start date: Users may begin trading their accounts at any time, and the program begins evaluation after the first trade is entered.
● Holding trades overnight: You are permitted to hold trades overnight.
● Trading during news events and on weekends:You are permitted to open, hold, and close trades during economic news events, weekends, and holidays.
● Automated systems (EAs or similar): The use of Expert Advisors is permitted, as well as automated systems that do not engage in any of the prohibited practices described below.
● Trader Copiers:The use of copiers to replicate the user’s trades across different platforms is permitted.
● Account Merging: Users are permitted to merge their Funded accounts, with the same currency, up to 450,000. You may request this by writing to support.
13. Prohibited Practices
13.1 Trading Prohibitions:Clientsareprohibited from conducting transactions that violate the provisions set forth in this section or in the FAQ. Prohibited practices include, but are not limited to:
● Use of trading strategies that exploit errors in the services.
● Conducting transactions using external data or slow data feeds.
● Use of software or artificial intelligence that manipulates or abuses the systems.
● Latency Trading.
● Engaging in arbitrage of any kind.
● Engaging in coordinated trading with others to manipulate the market.
● Hedging (or Group Hedging): Opposing buy-sell transactions in the same or different accounts.
● High-frequency trading and tick scalping.
● Martingale strategies.
● Copying or replicating third-party trades.
● Sudden changes in position size or trading frequency.
● Disproportionate profits on a single trade relative to Step target.
● Hyperactivity: Excessive order volume, a common practice with HFT systems.
13.2 General Prohibitions:The client is prohibited from engaging in the following practices, among others:
● We do not allow minors to register on the platform or purchase our services.
● Accounts are non-transferable; no other person is permitted to operate a client’s trading account.
● It is prohibited to modify the login credentials for a trading account; if the security of your account has been compromised, you are required to contact support immediately.
● You may not blame the company for your poor results; please note that Amadeux only conducts evaluations of Regulated and Independent Brokers, so please be careful and follow best practices: During periods of low trading volume at the broker, stop-loss orders may fail because no counterparty is found in the order book, especially at brokers that are not market makers. During periods of high volatility, spreads may widen, and you may incur losses when closing a position; try to anticipate these situations.
Example: If a user trades with an average daily volume of 10 lots, future trades should be within the range of 5 to 20 lots per day. This rule prevents significant deviations and promotes stability in detrading style.
13.4 Consequences: Ifthe client engages in prohibited trading practices, Amadeux may:
● Consider this a breach of the terms of the ‘Amadeux Challenge’.
● Terminate all services provided to the client and cancel the agreement.
● Prohibit the client from accessing the services and website.
● Take legal action in the event of serious and continued violation of the policies; a serious violation includes, among other things, a reputational attack.
14. Retreats
First Withdrawal: Users will be able to withdraw profits from their funded account for the first time after 28 days from the first transaction they enter in their funded account. Thereafter, they may request a withdrawal every 14 days from the first transaction after the previous withdrawal.
Refund: When the customer makes the first withdrawal from his account, the payment he made to purchase the 'Amadeux Challenge' he has passed will be transferred to him.
Withdrawal methods:Withdrawals can be transferred, at the user’s discretion, to their bank account in fiat currency (e.g., EUR, USD…) or to a cryptocurrency wallet (BTC, ETH, USDT…) without any fees or deductions by Amadeux.
Withdrawal times: Withdrawals are processed during office hours Monday through Friday from 9:00 am to 6:00 pm, with an estimated withdrawal time of less than 5 hours from receipt of the request. The time it takes for the transaction to be reflected in your account will depend on the payment method chosen and your bank.
| Method of Withdrawal | Estimated Processing Time |
|---|---|
| Bank transfer | From 0 to 5 business days, depending on the bank. |
| BTC payment | Approximately 30 minutes to 2 hours. |
| Payment USDT | Up to approximately 30 minutes, depending on the network used. |
| ETH Payment | -Approximately 1 to 5 minutes, depending on the transaction confirmations required by the blockchain. |
| Other cryptocurrencies | It will depend on the cryptocurrency chosen. |
15. Refund Policy
15.1 Termination Request: Ifthe customer wishestoterminate their account, they must submit a request to[email protected]within 14 days prior to the start of the program. This will result in the loss of access to all services, including the trading platform.
16. Changes to the Terms
Wereserve the right to modify these Terms at any time. Any changes will be posted on our website, and if they are significant, we will notify you directly. Your continued use of the services after the posting of any changes constitutes your acceptance of the modified Terms.
17. Governing Law and Jurisdiction
TheseTerms shall be governed by and construed in accordance with the laws of the United States. Any dispute arising in connection with these Terms shall be subject to the exclusive jurisdiction of the courts of the United States.
18. Contact
Ifyou have any questions or concerns regarding these Terms of Service, please contact us at: Email:[email protected]Address: 224 W 35th St, Ste 500, Manhattan, NY 10001, United States of America.