Terms and Conditions of Verso Prop Firm

Effective Date: October 19, 2025

Preamble:

This document constitutes a legally binding agreement. By registering and purchasing a service from Verso Prop Firm (a company registered as Verso Digital Market OÜ, hereinafter the “Company,” “we,” “us”), the Client (hereinafter “you”) agrees to comply with these Terms and Conditions (the “Agreement”). If you do not agree with any part of this Agreement, you must not use our services.

1. The Services and Their Nature

1.1 Service Provider: Verso Digital Market OÜ, a company registered in Tallinn, Estonia, is the provider of the services offered on our platform.

1.2 Service Description: The Company provides access to a simulated trading platform with virtual capital. This service does NOT constitute a real investment account, does not constitute professional financial advice, and does not imply regulated financial brokerage. The Client acknowledges that all trades are executed with fictitious capital within the platform.

1.3 License to Use: We grant you a limited, non-exclusive, non-transferable, and revocable license to use our services solely for personal, non-commercial purposes. This license is granted for the term of this Agreement and is subject to all of its provisions.

1.4 Simulated Environment and Nature of Rewards: All accounts provided by the Company, including challenge accounts and funded accounts, operate exclusively in a simulated trading environment using virtual capital.

Any payments made to Clients represent performance-based rewards for the use of the platform and the successful demonstration of trading skills. They do not constitute investment returns, brokerage services, or financial investment activities.

2. Registration and Client Account

2.1 Single Account: Each Client may register and maintain as many active accounts as desired, provided that the combined total capital of such accounts does not exceed the maximum amount of $300K; for example, six (6) accounts of $50K each, reaching an aggregate total capital of $300K.

2.2 Accuracy of Information: The Client agrees to provide truthful, complete, and up-to-date information at all times during the life of the account. The Company reserves the right to request supporting documentation at any time.

2.3 Account Security: The Client is solely responsible for maintaining the confidentiality of their access credentials (username, password, codes, etc.) and for all activity carried out under their account. Any activity performed with your access data will be deemed to have been performed by you. You must immediately notify the Company of any unauthorized use of your account or suspected security breach.

3. Purchase Process and Fees

3.1 Fees: The price charged is a one-time payment for access to the selected service. There are no recurring charges or hidden fees unless otherwise specified for the purchased product.

3.2 Payment Methods: By providing a valid payment method, the Client confirms that they are authorized to use it and agrees that the Company may charge the corresponding fee. We reserve the right to refuse any transaction suspected of fraud or unauthorized use.

3.3 Refund Policy: The fee paid is NON-REFUNDABLE, except as expressly stated in this Agreement.

7-Day Money-Back Guarantee: We offer a guarantee period of up to 7 calendar days from the date of account activation. During this period, the Client may request a refund provided that the account has not been used in any way (i.e., no trades have been executed and no services, tools, or benefits associated with the account have been accessed).

To request a refund, the Client must contact our support team within the first 7 days following the purchase.

Once it has been verified that the account has not been used, the support team will proceed with the applicable refund. The refunded amount will be subject to a fixed deduction of USD $12 to cover administrative and payment processing costs associated with the initial setup and management of the account.

After this period, or if any use of the account is detected, no refund will be granted.

The Company reserves the right to verify the status of the account and determine refund eligibility in accordance with the terms set forth in this Agreement.

4. Products and Trading Programs

4.1 Two-Phase Challenge: A challenge program consisting of two trading evaluation stages before accessing a funded account.

4.2 One-Phase Challenge: A single trading challenge that, upon being passed, grants direct access to a funded account.

4.3 Instant Funding: Immediate access to a funded account without prior evaluation stages, subject to the specific rules of this program.

4.4 Account Sizes: Funded accounts are available in the following virtual capital sizes: 5K, 10K, 15K, 25K, 50K, 100K, 125K, 150K, 200K y 300K. Each account type has specific rules published on our website, which are incorporated into this Agreement by reference.

5. Objective Trading Rules

5.1 Maximum Loss (Max Drawdown): The Client may not lose more than the maximum amount allowed relative to the account’s capital. Exceeding this limit results in the immediate cancellation of the funded account with no refund.

5.2 Daily Loss Limit (Daily Drawdown): A maximum daily loss is established. If the Client exceeds this limit in a single trading day, the account will be canceled immediately and all profits for that day will be voided.

5.3 Minimum Trading Days: For a day to count as active, the Client must open at least one trade that day. Trading on a minimum number of days, as specified in the program rules, is mandatory.

5.4 Maximum Inconsistency Score (30%):Each funded account is subject to a maximum permitted Inconsistency Score of 30%.

5.4.1 Definition: The Inconsistency Score represents the percentage of total profits generated by the trader’s most profitable trading day relative to total accumulated profits.

Example:
If total profits = $16,000
Best trading day profit = $4,500
Inconsistency Score = 28.1%

5.4.2 Purpose: This rule is designed to encourage consistent trading behavior and to prevent reliance on isolated high-risk trades.

5.4.3 Flexibility: If the trader exceeds the 30% threshold:

• The account will remain active
• The trader may continue trading normally
• Profit withdrawals will become available again once the inconsistency score is brought back within the permitted range.

5.4.4 Educational Resource: A detailed explanation of the Inconsistency Score is available in our official knowledge base article, accessible on our website.

5.5 News Trading Policy – Instant Funding Accounts: Trading during high-impact economic events is subject to execution restrictions on Instant Funding accounts to ensure capital stability during periods of extreme volatility.

5.5.1 The 4-Minute Execution Window: Opening or closing new positions within the interval of two (2) minutes before and two (2) minutes after the release of a high-impact news event (commonly identified as “Red Folder” or high-volatility news in economic calendars) is not permitted.

• Consequence: Any profits generated from trades executed (opened or closed) within this 4-minute window will not be counted toward withdrawals and will be deducted from the period’s balance.

5.5.2 Pre-existing Positions (Trader Protection): If a trader has a position that was opened more than two (2) minutes prior to the news event and chooses to hold it through the volatility:

• In the event that such a position generates a profit due to the news-driven volatility, the company reserves the right to apply a 50% discount on the profits generated during that specific volatility period.
• Note: This measure is designed to protect the fund from erratic market movements without completely penalizing the trader’s pre-existing strategy.

5.5.3 Purpose: These measures aim to encourage sustainable trading behavior, reducing excessive reliance on news-driven volatility and protecting both the trader and the firm from significant slippage and market gaps.omote sustainable trading behavior and reduce excessive reliance on news volatility.

5.6 Inactivity: If the account records no trades for thirty (30) consecutive days, it may be permanently closed for inactivity.

5.7 Leverage and Account Scaling: The Company provides different leverage ratios depending on the selected account type (Challenge or Instant Funding) and the specific asset class being traded. By choosing an account model, the User acknowledges and accepts the following provisions regarding leverage:

• 5.7.1 Base Leverage: Each account type is assigned a default leverage ratio (the “Standard” or “Starter” tier) as specified in the table below. This leverage is applied at the moment of account creation.
• 5.7.2 Leverage Add-ons: Users may opt to enhance their trading capacity by purchasing “Leverage Add-ons” (e.g., Pro Boost, Max Force, Advanced, or Elite tiers). These add-ons increase the buying power relative to the base model. The specific multipliers and increased ratios are detailed in the official Leverage Schedule.
• 5.7.3 Asset Specificity: Leverage ratios are not uniform across all instruments. Market conditions, liquidity, and volatility dictate the maximum available leverage for Forex, Indices, Metals, Cryptocurrencies, and Commodities.
• 5.7.4 Modifications: The Company reserves the right to adjust leverage ratios for risk management purposes, during extreme market volatility, or in accordance with changes in regulatory requirements.

The following table outlines the current leverage structure and available add-ons:

5.8 Aggregate Floating PnL Limit (1% Rule): To promote responsible risk management and long-term sustainability, all accounts operate under a Maximum 1% PnL Exposure rule. This rule applies to the net total sum of all open positions held simultaneously in the account.

5.8.1 Scope of the Rule: At no point during a trading session may the floating PnL (unrealized accumulated profit or loss) across all active positions exceed 1% of the account’s initial starting balance.

• Lower Limit: The sum of open losses cannot exceed -1%.
• Upper Limit: The sum of open profits cannot exceed +1%. superar el +1%.

5.8.2 Warning System: Failure to comply with this limit will trigger the company’s violation system:

• 1st violation: Warning #1.
• 2nd violation: Warning #2.
• 3rd violation: Account permanently closed.

5.8.3 Operational Compliance Table:

5.8.4 Purpose: This rule encourages disciplined trading behavior by requiring traders to actively manage their positions and consistently take profits or cut losses, preventing the total capital from being exposed to excessive volatility.xcesivas.

5.9 Prohibition of trading during weekends (Rule subject to Warning):
The opening, modification, or closing of trades during the weekend period is strictly prohibited. The weekend period is defined as the interval between the official market close on Friday and its official reopening on Monday, according to the platform server time.

The user acknowledges and agrees that any trading activity carried out during this period shall constitute a violation of the platform’s rules and shall be sanctioned by the issuance of a formal warning, in accordance with the warning system established in these Terms and Conditions.

Each detected breach shall result in an individual warning, which is cumulative with other warnings arising from rules likewise classified as subject to warning.

Once the maximum permitted number of warnings has been reached, the user expressly agrees that the system shall proceed with the automatic and irreversible suspension of the account, without the need for additional notice and without any right to compensation, refund, or claim.

5.10 Warning System: Certain rules within these Terms and Conditions are subject to the Company’s warning system, as explicitly indicated.

5.10.1 Each detected breach of a rule subject to warnings will result in one formal warning.

5.10.2 Upon reaching the maximum number of permitted warnings for a specific rule, the account will be permanently suspended.

5.11 Rule Applicability by Account Type: The following rules apply exclusively to Instant Funding accounts and do not apply to Challenge (Evaluation) accounts:

• Maximum 1% Risk Limit (Section 5.8)
• Weekend Trading Restriction (Section 5.9)
• News Trading Profit Adjustment (Section 5.5)

Challenge accounts are designed to allow greater strategic flexibility during the evaluation process, while Instant Funding accounts prioritize long-term risk management and capital protection.

6. Prohibited Trading Practices (Unacceptable Conduct)

Engaging in any of the following practices will result in the immediate cancellation of the funded account without the right to a refund:

6.1 Error Exploitation: Any attempt to exploit system errors, latency arbitrage, technical glitches, or temporary price discrepancies. Latency arbitrage or system exploitation is defined as any trade with a duration of less than 3 minutes (180 seconds), provided it represents a recurring pattern or 30% or more of the account’s total profit.

6.2 Coordinated or Copy Trading: This includes account sharing between traders, the identical copying of signals or strategies (e.g., “Signal Copy”), or hiring third-party services to pass the evaluation on your behalf.

6.3 Unauthorized EAs/Proxies: The use of unauthorized automated bots is prohibited, specifically those based on extreme tick arbitrage, martingale, hedging between Firm accounts, or non-genuine trading systems.

6.4 Coordinated Trading and Copying Behavior: The Company does not prohibit traders from using similar methodologies, public strategies, or widely known trading concepts. However, an account may be suspended if there is clear evidence of:

• Coordinated trading among multiple users.
• Identical or mirrored executions (mirrored trading).
• Signal copying between different accounts.
• Use of third-party services intended to pass evaluations in the trader’s name. This rule aims to preserve the integrity and fairness of the evaluation environment.

6.5 Extreme Risk Patterns: Trades of disproportionate size relative to the account balance or positions involving extreme risk (such as risking the entire capital on a single trade) are strictly prohibited.

6.6 Use of VPN and Proxies: The use of VPNs or similar technologies is permitted for privacy and security purposes. However, it is strictly forbidden to use VPNs, proxies, or other tools for the purpose of:

• Hiding identity.
• Bypassing geographical restrictions.
• Evading security controls.
• Circumventing the platform’s monitoring systems. Such practices may result in account suspension.

6.7 Minimum Trade Duration Rule (Anti-Latency Scalping): To ensure that operations reflect real market conditions and do not exploit the platform’s data feed, a minimum market stay duration is established:

6.7.1 Time Restriction: All trades must remain open for a minimum period of 3 minutes (180 seconds).

6.7.2 Penalty: Trades closed before the established minimum time will not count toward the profit target. If this practice is recurring (more than 20% of the account’s total trades), the account will be considered in violation of Section 6.1 (Error Exploitation) and will result in immediate contract termination.

6.8 Digital Identity and Network Consistency Policy (IP Consistency): To preserve the integrity of the evaluation environment and prevent “Group Trading” or account management by third parties:

6.8.1 Shared IP Prohibition: It is strictly forbidden for two or more independent users to operate from the same IP address, subnet, or VPS server.

6.8.2 Evidence of Collusion: The detection of multiple accounts operating under the same IP, or with identical execution patterns (assets, lot sizes, and timing), will be considered sufficient proof of Coordinated Trading (6.2) and Collusion (6.11), leading to the closure of all involved accounts without prior notice.

6.9 Trading Restrictions during High Volatility Windows: Since simulation models cannot guarantee exact order execution during extreme volatility spikes (News Trading):

6.9.1 News Limitation: Opening or closing trades is prohibited within a window of 2 minutes before and 2 minutes after the publication of high-impact economic news (identified as “Red Folder” in standard economic calendars).

6.9.2 Invalid Profits: Profits obtained by exploiting volatility during these time windows may be deducted from the account balance at the discretion of the Risk Department.

6.10 Fixed “Target Profit” Algorithm Prohibition: The use of automated systems (EAs) or manual strategies whose sole purpose is to systematically and repetitively reach a fixed daily monetary goal (e.g., winning exactly the same amount each day and ceasing activity) without technical justification based on market structure is prohibited. This practice is defined as “Account Farming” and contravenes the spirit of the Firm’s talent evaluation.

6.11 Collusion: Any coordinated attempt by two or more individuals to manipulate account results (e.g., coordinating market entries/exits) is strictly prohibited.

You may read the following article for more information regarding Unacceptable Strategies and Techniques.

7. Company’s Right to Intervene

7.1 Monitoring: The Company reserves the right to monitor all trading activity at any time to ensure full compliance with this Agreement.

7.2 Determinations on Anomalous Conduct: If the Company determines that trading activity is not genuine or carries excessive risk (e.g., suspicious patterns or exploitation of the simulated environment), it may suspend the account, void any generated profits, and terminate this Agreement immediately.

7.3 Examples of Sanctionable Behavior: Including, without limitation, price arbitrage between different markets, exploitation of vulnerabilities within the simulated trading system, or any artificial manipulation of trading patterns.

7.4 Final Decision: The Company’s determination under this clause is final and binding. The Client accepts that there shall be no further appeals once a decision has been reached by the Company.

You may read the following article for more information about Unacceptable Strategies and Techniques

8. Identity Verification (KYC)

8.1 Mandatory KYC: Before processing the first payment, the Client must successfully complete the identity verification process (Know Your Customer, “KYC”).

8.2 Compliance: KYC verification is a mandatory requirement to process payments and prevent illicit activities. The Client agrees to cooperate by providing all required documents.

8.3 Periodic Reviews: The Company may request additional KYC reviews periodically or at any time it deems necessary to maintain security and regulatory compliance.

9. Anti–Money Laundering (AML) Policy

9.1 Commitment: The Company strictly complies with applicable anti–money laundering and counter-terrorist financing laws in all relevant jurisdictions.

9.2 Source of Funds: By making payments or receiving benefits, the Client declares that the funds originate from legitimate sources and are not related to illicit activities.

9.3 Verification and Monitoring: The Company applies KYC processes and continuously monitors transactions to detect suspicious patterns that could indicate money laundering.

9.4 Permitted Transactions: All transactions must be made in the Client’s name; payments to or withdrawals by unrelated third parties are prohibited. The Company reserves the right to reject any transaction that violates this rule.

9.5 Reporting: If suspicious activity is detected, the Company may suspend or cancel the account and report such activity to the competent authorities without prior notice to the Client.

10. Performance Rewards (Profit Share) and Payments

10.1 Requirements: Profit-share rewards are paid only to funded accounts that have available funds and no outstanding violations on their records.

10.2 Participation Structure: Participation in the profits generated by the account follows this structure:

• 90% of initial profits to the Client.

10.3 Minimum Withdrawal Amount: The minimum amount required to request any profit withdrawal is 50 USD.

10.4 Evaluation Fee Reimbursement: For challenge products (trading challenges), the evaluation fee will be fully reimbursed to the Client with the first profit withdrawal made.

10.5 Payment Process: To process withdrawals, the Client must issue an invoice or a payment note to the Company. Once received, payments are processed within 1 to 3 business days. The actual arrival time will depend on your banking provider. You can download the payment note template here.

10.6 Taxes: The Client is solely responsible for declaring and paying taxes corresponding to the profits received, in accordance with the tax laws applicable in their jurisdiction.

11. Intellectual Property

11.1 Protected Content: All platform content, including software, designs, texts, images, trademarks, logos, graphics, videos, audio elements, and any other materials, is the exclusive property of Verso Digital Market OÜ or is used under the appropriate licenses. The Company protects its copyrights, industrial property, and other intellectual property rights over such content.

11.2 Unauthorized Use: Reproduction, distribution, modification, public display, or any other unauthorized use of platform content is strictly prohibited. Any misuse of our intellectual property may give rise to legal action.

11.3 IBs and Associates: The Company collaborates with associates and referrals (Introducing Brokers, “IBs”) who promote our services. These collaborators must fully align with our internal policies and respect the Company’s ecosystem and philosophy. IBs are prohibited from infringing the Company’s intellectual property or misusing our materials. Any violation of these policies by an IB will result in immediate termination of the collaboration and corresponding legal action. Read the terms and conditions of the affiliate programme.

11.4 Affiliate and Third-Party Registrations Disclaimer: The Company works with independent marketing partners, including affiliates, advertising platforms, and external promotional channels, to promote its services.

While the Company applies reasonable technical and organizational measures to ensure compliance with data protection and privacy standards, the Company cannot fully control the methods used by third parties outside its direct operational environment.

The Company shall not be held responsible for registrations, account creations, or data submissions made by third parties (including affiliates) without the full knowledge or consent of the data subject, where such actions occur outside of the Company’s official systems.

Users acknowledge that personal data may reach the Company through multiple legitimate acquisition channels, including but not limited to:

• Affiliate programs
• Advertising campaigns
• Social media promotions
• Website forms
• External landing pages
• Marketing integrations

If a person believes that their data has been submitted without their consent, they may contact the Company at any time. The Company commits to:

• Investigating the request promptly
• Removing the data where appropriate
• Taking reasonable action against any affiliate or partner found to be in violation of Company policies

This clause does not limit the Company’s obligations under applicable data protection laws but clarifies the limits of liability for actions performed independently by third parties.

Affiliates are independent contractors and are not authorized to act on behalf of the Company, bind the Company legally, or collect personal data using methods that violate applicable data protection laws.

12. Communications

The Client agrees to receive electronic communications from the Company, including account notifications, product updates, and promotional materials. These communications will be sent to the registered email address or through the platform itself. The Client may unsubscribe from marketing communications at any time via the opt-out link provided in the communications received or by contacting support.

13. Limitation of Liability

Maximum Liability: To the extent permitted by applicable law, the Company’s total liability under this Agreement is strictly limited to the total amount the Client has paid for the contracted service. In no event shall the Company be liable for indirect losses, loss of profits, consequential damages, or other economic losses resulting from the use or inability to use the services.

14. Indemnification

14.1 Protection of the Company: The Client agrees to indemnify, defend, and hold harmless the Company and its affiliates, directors, employees, and agents from any claim, demand, liability, damage, loss, or expense (including reasonable legal fees) arising out of or related to their use of the platform, breach of this Agreement, or violation of any law or third-party rights.

15. Amendments to the Agreement

15.1 Amendments to the Agreement: The Company reserves the right to amend these Terms and Conditions when necessary. Any material changes will be communicated to Clients via the registered email address and/or through the platform.

Unless otherwise specified, changes will apply:

• Immediately to new accounts
• To existing accounts only after reasonable notice has been provided

Continued use of the services after notification constitutes acceptance of the updated terms.

15.2 Acceptance of Changes: Continued use of the services after any amendment constitutes the Client’s acceptance of the new conditions. It is recommended to review this Agreement periodically to stay informed of any changes.

16. Force Majeure

The Company shall not be liable for any delay, suspension, or interruption of service caused by circumstances beyond its reasonable control, including but not limited to technical failures, acts of war, civil unrest, pandemics, natural disasters, strikes, or labor disputes.

17. Termination of the Agreement

The Company may terminate this Agreement and immediately cancel the Client’s account if it determines that the Client has breached any of the provisions set forth herein, especially in cases of prohibited practices or fraud. Termination does not relieve the Client of outstanding obligations, nor does it grant any right to a refund.

18. Governing Law and Jurisdiction

This Agreement shall be governed by and construed in accordance with the laws of the Republic of Estonia. Any controversy or dispute related to this Agreement shall be submitted to the exclusive jurisdiction of the competent courts of Harju, Estonia, with the parties waiving any other forum that may correspond to them by reason of their present or future domicile.

19. General Provisions

19.1 Entire Agreement: This document constitutes the entire agreement between the Client and the Company regarding its subject matter and supersedes any prior verbal or written agreements.

19.2 Severability: If any provision of this Agreement is found to be invalid or unenforceable by a court, the remaining provisions shall remain in full force and effect.

19.3 Official Language: In the event of discrepancies between versions of this Agreement in different languages, the English version shall prevail.

19.4 No Guarantee of Profits: The Client acknowledges that past results do not guarantee future returns in trading. Individual results may vary and depend on the trader’s skill.

20. Legal Compliance and Responsible Use

20.1 Regulatory Compliance: The Company is committed to complying with all applicable laws and regulations in the jurisdictions where we operate.

20.2 Responsible Use: The user must use the platform responsibly and lawfully, refraining from fraudulent, illegal, or abusive activities.

20.3 Irregularity Detection: Our system is designed to detect atypical or automated activity (such as the use of unauthorized bots or scripts).

20.4 Assessment of Suspicions: Upon detecting suspicious activities, the Company will assess the account and, if necessary, automatically suspend it in accordance with our responsible use policy.

21. Anti-Phishing Measures

21.1 Security Measures: We have implemented strict security measures to protect our users against phishing or identity theft attempts.

21.2 Staff Identification: All our support and customer service operators are identified with a unique code.

21.3 Official Channels: Through the official communication channels available on our website, the user can verify at any time that the person they are interacting with is part of our team and has the corresponding code.

21.4 Requests for Information: Under no circumstances will confidential information (such as passwords, personal codes, or banking data) be requested through unofficial or insecure means.