TX3 Funding reserves the right to terminate accounts under certain conditions to maintain the integrity, compliance, and fairness of our trading platform. Below are the detailed guidelines regarding the conditions under which TX3 Funding may exercise its right to terminate accounts, and the process involved.
Conditions for Termination
TX3 Funding may terminate accounts for reasons including, but not limited to, the following:
Condition | Description |
Violation of Trading Rules | Failure to adhere to trading rules, including prohibited strategies. |
Fraudulent Activities | Evidence of fraudulent actions such as identity theft or misrepresentation. |
Non-Compliance with KYC/AML | Failure to complete KYC verification or suspected money laundering activities. |
Use of Third-Party Funds | Using external funds that violate TX3’s rules on account management. |
Abuse of Platform | Misuse of trading platforms or attempts to manipulate trading systems. |
Procedure for Account Termination
Notice of Breach: If an account is found to be in violation of TX3 Funding’s policies, a notice will be sent to the trader via email, outlining the specific breach.
Opportunity to Rectify: In certain cases, such as minor breaches, traders may be given an opportunity to rectify the issue within a specified timeframe. This may involve complying with trading guidelines or providing additional KYC information.
Termination Notice: If the breach is severe or remains uncorrected, TX3 Funding will issue a formal termination notice. This notice will include the reason for termination and any actions taken by TX3 Funding.
Account Lock: Once terminated, the account will be locked, preventing the trader from further accessing their trading dashboard, open positions, or trading tools.
Final Settlement: Any pending payouts will be canceled, and any profits ineligible for withdrawal will be forfeited.
Consequences of Termination
Loss of Trading Privileges: Upon termination, traders lose all rights to access the trading platform and related tools.
Forfeiture of Profits: Any profits that have not yet been withdrawn are forfeited if the termination is due to a violation of TX3 Funding’s rules.
No Refund on Fees: Subscription fees and any other payments made are non-refundable, even in the case of termination.
Appeal Process
Traders who believe their account has been wrongfully terminated can appeal the decision by contacting [email protected]. Appeals must be filed within 7 days of receiving the termination notice and should include relevant details or evidence to support the appeal.
Preventing Termination
Adherence to Trading Rules: To avoid termination, traders must strictly adhere to all trading rules, including prohibited strategies and consistency requirements.
Timely Compliance: Ensure all KYC documents are submitted promptly and comply with any regulatory requests.
Use of Platform: Traders should only use the trading platform as intended and must avoid attempting to exploit or manipulate the system in any way.
Important Considerations
Communication: TX3 Funding communicates with traders through registered email addresses. Ensure your contact information is updated to avoid missing important notifications.
Risk of Immediate Termination: Severe violations, including fraud or money laundering activities, may lead to immediate termination without notice or an opportunity to rectify the issue.
TX3 Funding is committed to maintaining a fair and transparent trading environment. These termination rights are exercised to protect the community and uphold the integrity of our trading platform. For further questions or concerns, please contact our support team.