Terms of Service
Verodus L.L.C.-FZ
Terms of Service Agreement
By accessing our website or completing a purchase with us, you agree to enter into our Service agreement and to be bound by the terms and conditions set out below (referred to as the “Terms of Service” or “Terms”), including any additional terms, conditions, and policies referenced in this document or accessible via links. These Terms of Service apply to all users of the site, including without limitation browsers, vendors, customers, merchants, and contributors of content.
Please read these Terms of Service thoroughly before accessing or using our website. By accessing or using any part of the site, you agree to be bound by these Terms of Service. If you do not agree to all the terms and conditions of this agreement, then you may not access the website or use any Services. If these Terms of Service are considered an offer, acceptance is expressly limited to these Terms of Service.
Our Services are intended exclusively for persons who are at least 18 years of age and located in countries where the Services are legally available. By registering on the Website, you confirm that you are over 18 years of age. Persons under 18 are not permitted to use the Services. You agree to access the Services only from approved countries. You acknowledge that access to or use of the Services may be restricted or prohibited by law in some countries, and you undertake to use the Services solely in accordance with all applicable laws.
Any new features, tools, or resources added to the current store (including the provided accounts section) shall also be subject to these Terms of Service. You can always review the most current version of the Terms of Service on this page. We reserve the right to update, change, or replace any part of these Terms of Service by posting updates and/or changes to our website. It is your responsibility to check this page periodically for changes. Your continued use of or access to the website following the posting of any changes constitutes acceptance of those changes.
NONE OF THE SERVICES PROVIDED TO YOU BY THE PROVIDER CAN BE CONSIDERED INVESTMENT SERVICES IN ACCORDANCE WITH APPLICABLE LAWS. THE PROVIDER DOES NOT PROVIDE OR SUPPLY YOU WITH ANY GUIDANCE, INSTRUCTIONS, OR INFORMATION CONCERNING HOW OR IN WHAT MANNER YOU SHOULD EXECUTE TRANSACTIONS WHEN USING THE SERVICES OR OTHERWISE, OR ANY SIMILAR INFORMATION REGARDING THE INVESTMENT TOOLS TRADED. THE PROVIDER ALSO DOES NOT ACCEPT ANY SUCH GUIDANCE, INSTRUCTIONS, OR INFORMATION FROM YOU. NONE OF THE SERVICES CONSTITUTE INVESTMENT ADVICE OR RECOMMENDATIONS. NO EMPLOYEES, STAFF, OR REPRESENTATIVES OF THE PROVIDER ARE AUTHORIZED TO PROVIDE INVESTMENT ADVICE OR RECOMMENDATIONS. IF ANY INFORMATION OR STATEMENT FROM AN EMPLOYEE, STAFF MEMBER, OR REPRESENTATIVE OF THE PROVIDER IS INTERPRETED AS INVESTMENT ADVICE OR A RECOMMENDATION, THE PROVIDER EXPRESSLY DISCLAIMS THAT IT CONSTITUTES INVESTMENT ADVICE OR A RECOMMENDATION AND SHALL NOT BE LIABLE FOR IT.
We may grant third-party access to our website for troubleshooting, maintenance, or infrastructure management. Such access is monitored and revoked immediately upon completion of the scope of work.
PAYMENT TERMS
ALL PAYMENTS ARE FINAL AND SOLELY FOR EVALUATION ACCESS.
Registration fees are paid exclusively for access to the Verodus platform, analytical models, performance evaluation systems, and data services. Payments may be made via credit/debit card, bank transfer, or cryptocurrency (as available at checkout).
The Customer is not entitled to a refund of registration fees, as the service is rendered immediately upon purchase. No refunds apply to the Services offered by Verodus.
These fees are strictly classified as service and platform access fees and do not constitute deposits, capital contributions, investment funds, or trading capital.
(1). Online Registration Protocols
By consenting to these Terms of Service:
(a) You confirm you have reached the age of majority in your jurisdiction and are at least 18 years old, possessing full legal capacity to enter into a binding contract;
(b) You have submitted accurate, current, and complete personal information;
(c) You may not utilize our Services for illegal or unauthorized purposes;
(d) Any breach of these Terms will result in immediate termination as set out in Section 9(d);
(e) You agree to maintain confidentiality of credentials and accept responsibility for Account activity.
(2). Client Verification (KYC)
At the Company’s discretion, specifically prior to any contractual engagement involving the Qualified Performance Phase, you may be mandated to undergo our onboarding protocols, including due diligence and identity verification. This may involve the collection of identification documents and non-public personal information.
You acknowledge that the Company will accept you as a User only after you successfully clear all required verifications, including those mandated by Anti-Money Laundering and Combatting the Financing of Terrorism (“AML/CFT”) laws, conducted by our third-party compliance partners.
In addition to initial checks, you may be subject to ongoing due diligence to ensure continued AML/CFT compliance. You verify that you will immediately notify us of any changes to your provided information.
The Company reserves the right to refuse, restrict, or terminate Services if a User is found to have provided false, incomplete, or inaccurate information.
You acknowledge that these verification procedures are part of the Company’s compliance obligations. We may also lawfully obtain information about you from external sources.
Any violation of these Terms or applicable laws will result in immediate Service termination as set out in Section 9(d). We reserve the right to suspend or close your Account or restrict website access.
You agree that you are solely responsible for securing the necessary hardware, internet connections, and telecommunications required to use the Services. The Company bears no liability for costs or damages associated with your equipment or connectivity.
(3). General Conditions
We retain the exclusive right to deny service to any individual for any reason at any time. You understand that your content (excluding credit card data) may be transferred unencrypted involving (a) transmissions over various networks; and (b) adaptations to technical requirements of connecting networks. Credit card data is always encrypted during transfer.
You agree not to reproduce, duplicate, copy, sell, resell, or exploit any portion of the Service or access to the Service without our express written consent.
Headings in this agreement are for convenience only and do not limit or affect these Terms.
(4). Information Accuracy and Timeliness
While we strive for accuracy, we are not responsible if information on this site is inaccurate, incomplete, or outdated. Material is provided for general information only and should not be the sole basis for decision-making. Reliance on this material is at your own risk.
This site may contain historical information which is necessarily not current and is provided for reference only. We reserve the right to modify site contents at any time but have no obligation to update information. Monitoring changes to our site is your responsibility.
(5). Modifications to Services and Pricing
Product prices are subject to change without notice. We reserve the right to modify or discontinue the Service (including provided accounts) without notice at any time.
We shall not be liable to you or any third party for modifications, price changes, suspensions, or discontinuance of the Service (The Company retains the right to cease operations at any time).
(6). Products and Services
We reserve the right, though not the obligation, to limit sales of our products or Services to specific persons, geographic regions, or jurisdictions on a case-by-case basis. We may limit the quantities of any products or services offered. All descriptions and pricing are subject to change at our sole discretion without notice. We reserve the right to discontinue any product at any time. Offers made on this site are void where prohibited. We do not warrant that the quality of any products, services, or information purchased will meet your expectations, or that Service errors will be corrected.
(7). Billing and Account Accuracy
We reserve the right to refuse any order. We may, at our sole discretion, limit or cancel quantities purchased per person, household, or order. These restrictions may apply to orders under the same account, credit card, or billing/shipping address. If we change or cancel an order, we may attempt to notify you via the contact information provided. We reserve the right to prohibit orders that appear to be placed by dealers, resellers, or unauthorized distributors.
You agree to provide current, complete, and accurate purchase and account information. You agree to promptly update your account details, including email and payment information, to facilitate transactions and communication.
(8). Verodus Evaluation Program and Qualified Performance Phase
For the purposes of these Terms of Service: “Account” means the simulated trading account provided under the purchased model; “Evaluation” and “Qualified Performance Phase” refer to the structured performance assessment stages; “Performance Reward” means any remuneration earned after qualification; “Participant” means any user who has purchased and is using an Evaluation Model. All other capitalized terms have the meanings given in context.
The Verodus Evaluation is designed to assess market analysis and risk management skills through structured performance assessment phases conducted within a simulated environment.
All accounts operate in a virtual, non-live environment. No real capital is allocated for market trading, and no participant activity is transmitted to live financial markets.
(a). Evaluation Models and Parameters
Participants must adhere to the specific Profit Targets, Leverage, loss limits, drawdown rules (including Maximum Drawdown and Maximum Daily Drawdown), active day requirements, Performance Reward Rate, reward processing rules, minimum profit thresholds, and all other parameters and rules of the model purchased. Full details for each model—including all drawdown calculations, daily drawdown limits, reward processing, active performance day requirements, minimum thresholds, weekend holding rules, Friday close rules, best-day profit rules, and every other rule—are available at:
These model pages and all rules, parameters, and conditions contained therein are incorporated by reference into this Agreement and form a binding part of it as if fully set forth herein. Participants agree to be bound by every rule and requirement stated on the linked pages. (Note: A successful first Performance Reward includes a 100% refund of your original challenge fee.)
(b). Active Performance Day / Trading Day Requirements
Requirements vary by model and are fully detailed on the linked pages above. In general:
- A minimum number of Trading Days is required both during the evaluation phases and before/between Performance Rewards.
- Failure to meet the applicable requirement for any reward cycle renders the participant ineligible for that reward.
(c). Definition of an Active Performance Day
- Calculation: An “Active Performance Day” is any calendar day (Server Time) where at least one simulated position is both opened and closed.
- Overnight Positions: If a simulated position is opened on one day and closed the next, it counts as one (1) single Active Performance Day.
- Consistency & Anti-Abuse: The execution of simulated transactions with negligible volume (e.g., 0.01 lots) that deviate significantly from the Participant’s typical risk profile, used solely to satisfy the Active Performance Day requirement, is strictly prohibited. This is deemed a circumvention of the Evaluation Program and may result in the denial of Performance Rewards or service termination as set out in Section 9(d).
(d). Evaluation Failure
Failure to comply with Section 8(a) and the rules detailed on the linked model pages will result in a “not passed” status based on our internal data classification analysis. In such cases, the account and Services will be terminated without refund as set out in Section 9(d).
(e). Qualified Performance Phase Non-Compliance
Non-adherence to Section 8(a) and the rules detailed on the linked model pages during the Qualified Performance Phase results in a “not passed” status, leading to Service termination without refund as set out in Section 9(d).
(f). Trading Commission Structure
The commission structure for all instruments, along with contract sizes, margin, leverage, and trading hours for individual symbols, is summarized on the instruments page. This commission structure applies to all simulated trades executed in the accounts provided under the Verodus Evaluation Program and Qualified Performance Phase. Commissions are deducted automatically from the simulated account equity upon trade execution and are non-refundable. Participants acknowledge that these commissions, as detailed on the instruments page, form part of the platform’s performance-evaluation mechanics and are binding upon account activation. The instruments page and its contents constitute an integral and binding component of this agreement.
(g). Account Limits and Allocation Rules
Assessment (Evaluation) Accounts may be opened without limit and have no allocation restrictions.
For Qualified Performance Accounts:
- Household Allocation Limit: The total initial allocated capital across all Qualified Performance Accounts for a single household shall not exceed USD $400,000. A “household” includes any accounts associated with the same individual, immediate family members, shared address, payment methods, devices, or IP addresses, as determined by Verodus in its sole discretion.
- Per-Strategy Allocation Limit: The maximum allocation per trading strategy is USD $300,000. A “trading strategy” is defined by the specific asset or instrument traded (e.g., EURUSD, BTCUSD, or XAUUSD each count as a separate strategy).
Participants must not exceed the $300,000 per-strategy limit by trading the same asset or substantially similar strategies on highly correlated assets across multiple Qualified Performance Accounts, whether simultaneously or at different times.
Verodus offers up to USD $1,000,000 in total capital availability through its programs and scaling plans. All Qualified Performance Accounts remain subject to the household and per-strategy limits set out above.
Any breach of these allocation rules, including attempts to circumvent them, constitutes a material breach of this Agreement and may result in the consequences set out in Section 9(d), including suspension, termination, reduction of allocation, or forfeiture of Performance Rewards, at Verodus’ sole discretion.
These limits are in addition to, and do not limit, any other rules or restrictions in this Agreement.
(h). Minimum Holding Time / Trade Duration Rule
To discourage execution patterns that exploit the simulated environment, Verodus requires that at least 50% of gross generated profits (for Qualified Performance Accounts) or total targeted profits (for Evaluation Accounts) must come from trades that exceed two (2) minutes in duration.
Occasional rapid exits due to genuine errors or market volatility are acceptable. However, if the total profit from trades lasting less than two minutes exceeds 50% of gross generated profits (Qualified Performance Accounts) or 50% of total targeted profits (Evaluation Accounts), this constitutes a breach.
Breaches of this rule may result in trade review, profit adjustment, account suspension, or termination as set out in Section 9(d).
(9). Simulation Trading Rules
All activity occurs strictly within a simulated environment using virtual capital. No live market execution takes place. At Verodus, our mission is to foster genuine, responsible, and sustainable trading habits. We require all Participants to trade in a manner that is reasonably replicable in actual financial markets.
Detailed definitions and updates regarding these rules can be found at: https://www.verodus.com/restricted-trading.html
(a). Account Activity
Participants must maintain account activity; a dormancy period exceeding 30 calendar days (no executed trades) is prohibited.
(b). Prohibited Trading Strategies and Toxic Behavior
The following behaviors are strictly forbidden in the simulated environment. Verodus retains sole discretion in determining whether trading activity violates the spirit or letter of this policy.
(i). System Exploitation and Unfair Advantages
Participants must rely on genuine market analysis rather than exploiting technological loopholes. Restricted practices include:
- Comprehensive Arbitrage Taxonomy: Capitalizing on pricing discrepancies, latency issues, or delayed data feeds. This includes latency, triangular, statistical, spatial, and rollover arbitrage.
- High-Frequency Trading (HFT): Deploying ultra-fast algorithms designed to execute massive volumes of trades in milliseconds to exploit minor technological inefficiencies.
- Glitch Exploitation: Executing trades based on platform errors, frozen price feeds, or inaccurate quotes.
- Tick Scalping & Rollover Abuse: Utilizing rapid-fire trading to profit from single-tick fluctuations or exploiting low-liquidity price spreads during nighttime rollover periods.
Furthermore, Participants must trade responsibly and apply standard risk management rules. Exploitative practices include: (i) opening significantly larger positions compared to usual history, (ii) opening significantly smaller or larger numbers of positions compared to history, or (iii) intentionally trading news events. The Company reserves the sole right to define Forbidden Trading Practices.
(ii). News Trading Restriction (Tiered Breach Model)
To protect against unrealistic slippage, a ±2-minute restricted window is implemented around high-impact events for funded accounts.
- First Violation: Any manual trade execution or automated TP/SL fills will result in the removal of all profits generated from the restricted window.
- Second Violation: A second instance results in a hard breach, leading to immediate account termination.
- News Bracketing and Gap Trading: News bracketing (straddling) is explicitly banned. Gap Trading is defined as any position opened within 60 minutes of a market close and held through the reopen.
- News Trading Addon: Accounts that purchase the News Trading Addon are granted full permission to engage in news trading without any restrictions, time windows, profit-removal penalties, or breach risk tied to news events.
(iii). Excessive Risk (Over-Leveraging)
Engaging in trades with disproportionate risk relative to capital is strictly prohibited. This includes using excessive leverage up to full margin.
Additionally, during the Qualified Performance Phase, executing lot sizes that exceed the Maximum Lot Exposure Limit is not allowed.
The detailed Maximum Lot Exposure Limit rules applicable during the Qualified Performance Phase, including all asset-class specific limits and calculation methods, are provided on the separate Maximum Lot Exposure Limit page. This Maximum Lot Exposure Limit page applies to all simulated trades executed in the accounts provided under the Verodus Evaluation Program and Qualified Performance Phase. Participants acknowledge that these exposure limits, as detailed on the Maximum Lot Exposure Limit page, form part of the platform’s performance-evaluation mechanics and are binding upon account activation. The Maximum Lot Exposure Limit page and its contents constitute an integral and binding component of this agreement.
Violation Handling
Exceeding the defined exposure limits constitutes a rule violation.
Profits generated from exposure exceeding the permitted limit may be deducted. If such deduction results in a breach of daily or maximum loss limits, the participant remains responsible for the resulting violation.
Enforcement:
- First violation: Warning
- Second violation: Account closure, profit deduction, and Performance Reward Rate adjustment may be applied
(iv). Gambling Behavior
Emotional trading resembling gambling is prohibited. This includes chasing losses or impulsive decisions. This applies to:
- A single trade
- Split trades
- Same trade idea (New position within 2 minutes in the same direction)
(v). Poor Money Management
Frequent margin calls or risky positioning indicating a lack of control.
(vi). Behavioral Patterns
Inconsistent activity, such as trading illiquid hours or ignoring risk principles.
(vii). Reverse Trading
Risking full daily loss on one trade, suggesting reverse trading across firms.
(viii). Collusion and Third-Party Management
Accounts must reflect the Participant’s independent skills and analysis, except where copy trading is explicitly permitted below.
- Copy Trading: You can copy trades between your own Verodus accounts (i.e., accounts registered under the same individual). For external copy trading, a Verodus account may only act as a master to an external slave account.
- Expert Advisor (EA): Only risk/trade manager EAs are allowed. Using any other third-party Expert Advisor is not allowed.
- Account Sharing and Reselling: Allowing any third party to access, trade, or manage an account is strictly banned, except for the permitted external slave accounts in approved copy trading setups.
- Coordinated Group Trading: Collaborating with other Participants (unrelated individuals) to execute the same setups or opening opposing positions across different accounts is prohibited.
- IP and Coordination Rules: Any accounts sharing IPs, hardware IDs, or entering identical positions within a tight time window will be flagged for manual review, unless they are part of a permitted copy trading setup between the same individual’s accounts or a master/slave configuration.
- Mass-Distributed EAs: If our systems detect multiple accounts reflecting identical trade entries and exits (common with commercially available EAs), they will be flagged for review; however, risk/trade manager EAs used within permitted copy trading setups are exempt provided they comply with all other rules.
(ix). Unrealistic Market Behavior and Poor Risk Management
- One-Sided Bets and Gambling: Taking massive, unanalyzed positions in a single direction or intentionally blowing an account (“account rolling”).
(x). Technical Platform Abuse
- Server Hyperactivity: Running automated bots or EAs that overload trading servers. Verodus enforces a specific server request limit of 2,000 requests per 24 hours.
- Order Book Spamming: Fragmenting single trade ideas into numerous micro-lots intended to circumvent margin limits or stress-test the platform.
(c). Risk Assessment Interviews
The Company reserves the right to conduct risk assessment interviews with Participants to detect prohibited activities, fraud, or identity theft. Remuneration may be withheld pending satisfactory risk assessment. Mandatory participation is required; failure to comply may result in termination as set out in Section 9(d).
(d). Consequences of Policy Violations
If an account is determined to be utilizing any prohibited strategies listed above, or in the event of any breach of these Terms (including Evaluation failure or Qualified Performance Phase non-compliance under Section 8), the Company may take immediate corrective action, including but not limited to:
- Removal of conflicting trades and profits.
- Temporary restrictions or limitations on the trading platform.
- Immediate disqualification from the evaluation process.
- Complete termination of the funded account or Services without refund.
- Denial or clawback of Performance Rewards (even after payout).
- Any other measure deemed necessary at the Company’s sole discretion.
Engaging in practices listed in Section 9(b) empowers the Company to revoke access to the Dashboard and Platforms without compensation or refund. Challenge fees are non-refundable once trading activity has commenced. All other termination or suspension rights elsewhere in these Terms are exercised in accordance with this Section 9(d).
(10). External Tools
We may grant you access to external third-party tools over which we have no control or input. You acknowledge that these tools are provided “as is” and “as available” without warranty or endorsement. We assume no liability for your use of optional third-party tools. Use is at your own risk, and you should review the relevant third-party terms. Future services or features added to the website are also subject to these Terms.
(11). Third-Party Links and Services
(a). Third-Party Materials
The Services may include content, products, or materials from third parties. Links to unaffiliated websites are provided for convenience only; we are not responsible for examining or evaluating the content accuracy and warrant no liability for third-party materials or websites. We are not liable for any harm or damages related to the purchase or use of goods, services, or resources made in connection with any third-party transactions.
(b). Provider Compliance & Restrictions
You must comply with the terms of our third-party infrastructure and technology providers. If a third-party provider restricts or blocks a Participant for compliance or regulatory reasons, Verodus reserves the right to mirror that restriction on our platform immediately and without detailed explanation.
(c). Infrastructure Limitation of Liability
The platform utilizes third-party technology for data simulation, price feed emulation, analytics, and performance tracking. We are not liable for downtime, server errors, or technical issues caused by these providers. Verodus does not operate a brokerage, live execution venue, or matching engine, and no live order routing to financial markets occurs.
(12). Risk Management Protocols
Participants must engage in responsible trading that reflects genuine market analysis as detailed in Section 9. The Company determines Forbidden Trading Practices at its sole discretion. Engaging in any prohibited activity will result in the consequences set out in Section 9(d).
Verification & Fraud Prevention
We perform routine risk assessment interviews to ensure the integrity of the Program and prevent fraud. Mandatory participation is required; failure to comply or participate in good faith may result in the withholding of Performance Rewards or service termination as per Section 9(d).
(13). Personal Data
Personal information submission is governed by our Privacy Policy.
(14). Prohibited Usage
(a). General Prohibitions
In addition to other prohibitions, you may not use the site/content: (a) for unlawful purposes; (b) to solicit unlawful acts; (c) to violate regulations/laws; (d) to infringe intellectual property rights; (e) to harass, abuse, or discriminate; (f) to submit false information; (g) to transmit malicious code/viruses; (h) to track others’ personal info; (i) to spam/phish/scrape; (j) for obscene purposes; or (k) to circumvent security features.
(b). Proprietary Traders
Traders associated with proprietary trading firms (owners/employees) are strictly prohibited from trading with Verodus.
(c). Multiple Registrations
Registering multiple email addresses is prohibited. Violations result in service termination as set out in Section 9(d).
(15). Warranty Disclaimer and Limitation of Liability
We do not guarantee uninterrupted, secure, or error-free service. We do not warrant the accuracy of results obtained from the service. You agree we may remove or cancel the service at any time without notice. Your use of the service is at your sole risk. The service is provided “as is” and “as available” without warranties of any kind (express or implied).
Verodus L.L.C.-FZ, including its officers, employees, and partners, shall not be liable for any injury, loss, claim, or consequential damages (including lost profits, data, or revenue) arising from your use of the service, whether based in contract, tort, or strict liability. In jurisdictions not allowing liability exclusion, our liability is limited to the maximum extent permitted by law.
Performance Reward Rates or incentive remuneration are discretionary and are not liabilities of Verodus L.L.C.-FZ. They do not constitute financial returns, investment profits, or guaranteed compensation.
(16). Indemnity
You agree to indemnify, defend, and hold harmless Verodus L.L.C.-FZ and its affiliates, partners, officers, and employees from any claim or demand (including legal fees) arising out of your breach of these Terms or violation of any law or third-party rights.
(17). Severability
If any provision of these Terms is determined to be unlawful or unenforceable, that provision shall be enforced to the fullest extent permitted, and the unenforceable portion deemed severed, without affecting the validity of remaining provisions.
(18). Service Cancellation
Liabilities incurred prior to termination survive the agreement. These Terms remain effective until terminated by either party. You may terminate by notifying us or ceasing site use.
If we suspect failure to comply with any term, we may terminate this agreement without notice in accordance with Section 9(d), and you remain liable for amounts due up to the termination date; we may strictly deny access to our Services.
(19). Dispute Resolution
Initiating a payment dispute impacts our company financially and reputationally. Therefore, we will ban accounts involved in payment disputes. We will not entertain requests to unban such accounts.
Users involved in disputed transactions without cause on our end will be ineligible for future accounts with Verodus, and active accounts will be closed. This protects Verodus from financial adversity and ensures brand viability.
(20). Entire Agreement
Failure to enforce any right does not constitute a waiver. These Terms and posted policies constitute the entire agreement between you and us, superseding prior agreements or communications. Ambiguities shall not be construed against the drafting party.
(21). Terms Updates
The current Terms are available on this page. We reserve the right to update or change these Terms at our discretion. It is your responsibility to check for changes. Continued use constitutes acceptance.
(22). Communication Confidentiality
All communications between Verodus and you are strictly confidential. You agree not to disclose or publish these communications without written consent. Breaching confidentiality is a violation of these Terms and may result in immediate termination as set out in Section 9(d) and legal remedies.
(23). Contact Details
Send questions regarding Terms of Service to support@verodus.com.
(24). Governing Law
Legal relations established by these Terms shall be governed by the laws of Dubai and the United Arab Emirates, where applicable. Disputes unable to be resolved through arbitration shall be settled by the competent courts of Dubai.
Revisions
Verodus L.L.C.-FZ retains the right to revise these terms at any time without prior notice.
Acknowledgement
Engaging in platform activity with Verodus constitutes acknowledgement that you have read, understood, and agreed to these Terms. By using the Verodus platform, you also agree to the Responsible Trading Policy.
Supplemental Payment Agreement
This Supplemental Payment Agreement supplements the main Verodus L.L.C.-FZ Terms of Service and is entered into upon making any payment or registration on the platform. By submitting payment, you expressly agree to be bound by this Supplemental Agreement in addition to the main Terms of Service.
(1). Payment Processing Entities
Registration fees, evaluation access fees, and other platform charges may be processed by either Verodus L.L.C.-FZ or Verodus Capital Inc., depending on the payment method you select.
Some fees are processed by and payable to Verodus Capital Inc.
Some fees are processed by and payable to Verodus L.L.C.-FZ.
(2). Payment Authorization
You authorize the applicable entity (Verodus L.L.C.-FZ or Verodus Capital Inc.) to charge your chosen payment method for the full amount of any selected fees. You confirm that you are the authorized holder of the payment method and that all provided information is accurate and complete.
(3). Payment Finality and Refunds
All payments are final and non-refundable once access to the platform or any simulated activity begins. No refunds, chargebacks, or reversals are permitted. Performance Rewards (if any) are paid by the same entity that processed the corresponding payment, subject to the rules in the main Terms of Service.
(4). Fees, Taxes, and Third-Party Charges
You are responsible for any applicable taxes, currency conversion fees, or third-party processing charges. Pricing may be updated from time to time, with reasonable notice where required by law.
(5). Data and Compliance
The applicable payment processing entity may collect and process your payment information in accordance with applicable payment regulations and privacy laws. You consent to this collection and processing for the purposes of completing transactions and preventing fraud.
(6). Disputes and Termination
Any payment-related dispute is governed by the laws and dispute resolution provisions in the main Terms of Service (Dubai / United Arab Emirates). Initiating a payment dispute or chargeback may result in immediate account suspension or termination. The applicable entity reserves the right to decline future payments or services at its discretion.
(7). Entire Agreement and Severability
This Supplemental Agreement supplements (and does not replace) the main Verodus L.L.C.-FZ Terms of Service. In the event of any conflict, the main Terms prevail unless expressly stated otherwise here. If any provision of this Supplemental Agreement is held invalid, the remaining provisions remain fully enforceable.
Acknowledgement
By completing any payment, you confirm that you have read, understood, and agree to this Supplemental Payment Agreement. Your continued use of the platform after payment further confirms your acceptance.