Skip to content

Participation Agreement

 

INSTITUTIONAL EDGE

Participation Agreement

for the Educational Trading Program

with Access to Funded Accounts

This agreement is entered into between INSTITUTIONAL EDGE (hereinafter referred to as the “Company”) and the individual accepted into the educational program (hereinafter referred to as the “Trader” or the “Participant”).

This document sets forth the terms and conditions regarding participation in the educational trading program, which also provides conditional access to trading accounts funded by the Company.

The program is designed for serious traders who wish to grow in a professional and flexible environment. The rules are clear, but we also reserve room for adaptation, so that the collaboration remains efficient and fair.

 

1. GENERAL OVERVIEW

INSTITUTIONAL EDGE offers an intensive educational program in trading development (hereinafter the “Program”), intended for individuals who wish to improve their trading skills. Within this program, participants may trade on simulated accounts and, based on demonstrated performance, may receive access to real trading accounts funded by the Company.

The program has a duration of 12 months from the date of enrollment and involves both periodic performance evaluations and a conditional profit-sharing structure.

 

2. DEFINITIONS

  • “Company”: INSTITUTIONAL EDGE.
  • “Participant” / “Trader”: The individual enrolled and accepted in the Program.
  • “Funded Account”: A real trading account with allocated capital, provided to the Participant by the Company, for the purpose of applying the knowledge acquired.
  • “Education Phase”: The initial period of learning and evaluation on demo accounts.
  • “Funded Phase”: The period in which the active Participant trades on a real account with allocated capital.

 

3. PROGRAM STRUCTURE AND PAYMENTS

The detailed structure of the program, as well as the applicable payment mechanisms, will be officially communicated by INSTITUTIONAL EDGE in a separate document, prior to the start of the funded phase.

The expected elements include the program stages, the conditions for access to the funded account, the profit-sharing policy, and any administrative fees. Until official publication, participants are invited to periodically check the Company’s official communication channels for updates.

Participation in the program or promotion between stages does not automatically generate financial rights, extension rights, or continuous access to capital. All rights and benefits are conditional, depending on ongoing compliance and the Company’s internal evaluations.

Payment Processing by Odeonpay ALE S.R.L (“Paysagi”) All payments, or payments for specific parts or regions, are processed by Odeonpay ALE S.R.L (“Paysagi”) acting as the Merchant of Record (MOR). These payments are subject to Paysagi’s Terms of Use, which can be found at https://paysagi.com/terms-of-use/. Customers will be presented with these terms during the payment process.

 

4. RISK MANAGEMENT REQUIREMENTS

All participants trading in funded accounts must comply with the following requirements (subject to revision by the Company):

4.1 Profit Target

  • Recommended monthly target: 4% – 10%.
  • Performance reviewed quarterly and annually.
  • Results below 4% may be considered stagnation and lead to warnings or temporary restrictions.
  • Consistently exceeding 10% will be analyzed for consistency, assumed risk, and sustainability.
  • Traders are encouraged to document major decisions for evaluations.

4.2 Relative Drawdown

  • Calculated as the difference between the maximum equity reached and the current equity.
  • Maximum allowed drawdown: 3% – 5%, depending on account conditions.
  • Breach may result in suspension and review of participation.
  • Sudden or aggressive drawdowns trigger internal strategy audits.

4.3 Stop Loss Obligation

  • Every open position must include a stop loss order.
  • Maximum risk per trade: 2% of account equity.
  • Failure to apply valid stop loss = major policy breach.
  • Repeated modification/cancellation of stop losses to avoid losses = abuse.

4.4 Maximum Exposure

  • Total simultaneous lot size cannot exceed allowed margin.
  • More than 5 uncorrelated open trades = strategy review and warning.
  • Full margin use without justified strategy may be penalized.

4.5 Minimum Trades

  • Minimum 4 trades per week.
  • Inactivity >10 days allowed only once per year with prior notice.
  • Test trades under 0.01 lots not counted.

4.6 Trial and Evaluation Period

  • Program has limited duration.
  • Evaluations quarterly and annually, both quantitative (P&L, drawdown, profit factor) and qualitative (discipline, logic, consistency).
  • Evaluation Committee may adjust capital depending on results.

 

5. TRADING CONDITIONS

  • Only manual orders allowed.
  • Not permitted: trading bots (EA), auto-copy systems, hedging, weekend positions.
  • Only instruments listed on the platform (major FX pairs and XAU/USD).
  • Accounts are individual, nominal, and non-transferable.
  • No third-party access.
  • Violations = immediate disqualification.
  • All funded accounts operate on a netting basis, allowing only one open position per instrument and prohibiting hedging in any form.
  • For live funded accounts, traders must adhere to the 20% Consistency Rule, ensuring that no single trading day contributes more than 20% of the total profit generated during the funding period.

6. PROHIBITED TRADING PRACTICES

6.1 Forbidden Behaviors

Strictly prohibited:

  • Exploiting platform delays or malfunctions.
  • HFT or latency arbitrage.
  • VPN/proxy usage to hide location.
  • Opposite positions across accounts.
  • Use of AI, bots, auto-optimizers.
  • Copy-trading, mirroring, group strategies.
  • Scripted multiple-account order placement.
  • Account resets via artificial manipulation.

6.2 Consequences

  • Immediate account closure.
  • Loss of accumulated profits.
  • Exclusion from current and future programs.
  • Possible legal liability.

6.3 Discretionary Suspension

The Company reserves the right to suspend/revoke/refuse access at any stage without providing a reason. Decisions are final and not subject to appeal.

 

7. COMMUNICATION POLICY

  • Primary method: email.
  • Secondary: phone.
  • Participants must maintain updated contact details.
  • Lack of response in urgent matters may be deemed abandonment.
  • The Company may require video calls for verification.

 

8. LIABILITY AND INDEMNIFICATION

  • The Company is not liable for losses or missed opportunities, except in cases of gross negligence, fraud, or bad faith.
  • Compensation, where applicable, is limited to the monthly fee of the incident month.
  • Traders fully indemnify the Company for actions breaching this agreement.

 

9. DATA PROTECTION AND CONFIDENTIALITY

  • Company processes personal data per GDPR.
  • Limited data collection for program administration.
  • Data stored securely in EU-compliant infrastructures.
  • Breach notification within 72 hours.

 

10. CONFIDENTIALITY AND NON-COMPETE CLAUSE

  • Trader may not disclose Company information, strategies, know-how.
  • Any competitive activity is prohibited during the Program and 12 months after termination.
  • Breach allows Company to claim damages.

 

11. TERMINATION

The Company may terminate participation in cases of:

  • Risk breaches.
  • Prohibited practices.
  • Inactivity.
  • Incompatibility of vision/values, at Company’s discretion.

Trader may withdraw with 5 business days’ notice; paid fees are non-refundable.

12. DISPUTE RESOLUTION

  • Disputes to be resolved amicably.
  • If not possible, arbitration under British Virgin Islands (BVI) law.
  • Arbitration decision final and binding.
  • Trader expressly waives claims not notified within 30 days of incident.

13. FINAL CLAUSES

  • The Company may unilaterally modify the agreement with 5 business days’ notice.
  • Continued participation = tacit acceptance.
  • Force majeure releases liability.
  • Agreement remains binding, including confidentiality and liability clauses, even after termination.
  • Signed document = full acceptance without reservation.