TERMS OF USE – BEM ONE
BEX Software Development L.L.C-FZ, operating under the trade name BEM Funding (“BEM Funding”, “we”, “us”, “our”).
These Terms of Use supplement BEM Funding’s main Terms & Conditions, Privacy Policy, AML Policy, and related documents. In case of conflict, BEM Funding reserves the right to determine the applicable provision.
1. Eligibility and Account Access
You must be at least 18 years old (or the age of majority in your jurisdiction) and legally capable of entering into a binding agreement.
Unless explicitly authorized by BEM Funding, only the User may use the account. Use of the User's account by a third party is prohibited. If this is detected, BEM Funding reserves the right to close the User's account and reclaim any rewards the User may have earned.
2. Instruments and Leverage
Instruments are available as displayed on the platform and/or the Symbols Page. BEM Funding may add, remove, or modify available instruments at any time. Instrument availability may vary depending on the platform.
The leverage limits for the One-Phase Program are:
- Forex: 1:30
- Metals: 1:15
- Energies: 1:15
- Indices: 1:15
- Cryptocurrencies: 1:1.5
3. Evaluation Phase Requirements
The Program consists of a single evaluation phase. To successfully complete the evaluation, the User must meet all of the following conditions:
- Profit Target: 9% of the initial balance
- Minimum Trading Days: 3 separate trading days (with each day achieving a minimum realized profit of 0.5% of your starting balance)
- Maximum Daily Drawdown: 3% of the initial balance
- Maximum Trailing Drawdown: 5% of the initial balance
Failure to meet any requirement or breach of any drawdown rule results in termination of the account without any refund.
4. Maximum Daily Drawdown Rule
The Maximum Daily Drawdown represents the maximum loss permitted within a trading day.
The daily drawdown limit is recalculated daily at 22:00 UTC based on the higher of equity or balance, minus 3% of the initial balance.
Formula: Daily Drawdown Limit = Higher of (Equity or Balance) − (3% of Initial Balance)
If equity or balance falls below this threshold at any time after it is set, the account is considered breached and will be terminated.
The daily drawdown calculation includes profits, losses from closed positions, floating P/L, swap fees, and commissions.
5. Maximum Trailing Drawdown Rule
The Maximum Trailing Drawdown is set at 5% of the initial balance and is calculated based on account balance using a trailing methodology.
The trailing drawdown adjusts upward as the account balance increases but never adjusts downward due to losses.
Once the trailing drawdown level reaches the Initial Balance, it becomes locked and no longer trails upward.
A breach occurs if equity (including open positions) falls below the active trailing drawdown level at any time.
The drawdown calculation includes profits, losses from closed positions, swap fees, and commissions.
6. Maximum Risk Per Symbol
After completion of the evaluation phase, the maximum risk exposure on any single trading symbol must not exceed 1.2% of the Initial Balance.
If exceeded, the system may automatically close violating positions without notice.
Three (3) breaches may result in enforcement, including account termination and loss of reward eligibility.
7. News Trading Restrictions
For the purposes of these Terms, “High-Impact News” refers to announcements shared through BEM Funding’s official Discord news channels and Telegram channel.
7.1. Traditional Assets (Forex, Indices, Metals, Energies)
You may keep trades open during the Restricted Window (4 minutes before and after High-Impact News).
You must not execute or modify any market orders, pending orders, Stop Losses, or Take Profits during the Restricted Window.
7.2. Breaches and Consequences
A single violation of these rules is considered a soft breach. Two soft breaches are considered a hard breach.
Profits generated in violation of this clause may be deducted. Losses remain the User’s responsibility. In addition, we reserve the right to terminate your account in the event of a hard breach.
Compliance controls may be performed after evaluation completion.
By accepting this Terms of Use, you also acknowledge and declare that you have no right to object to the sanctions specified in this clause.
Restrictions apply only to instruments affected by the relevant news event (e.g., USD news affecting USD-related instruments).
7.3. Affected Instruments
Restrictions apply only to instruments affected by the news event. USD-related news may affect including but not limited to EURUSD, GBPUSD, USDCHF, XAUUSD, GER40, US30, US100, and US500. Cryptocurrency pairs are not subject to news trading restrictions.
8. Reward
The Program operates under a reward ratio of 80% to the User, subject to compliance with all reward eligibility requirements.
Reward eligibility does not override drawdown or buffer zone requirements.
9. Reward on Demand Feature
The Program offers Reward-on-Demand, allowing Users to request rewards at any time, provided all eligibility criteria are met. Reward requests are subject to verification and approval by BEM Funding.
10. Reward Eligibility Conditions
To request a reward, all of the following conditions must be satisfied:
- No single trading day may account for more than 35% of total generated profits.
- The requested payout amount must be at least 50% of the Maximum Daily Drawdown amount.
- At no point may the account exceed the Maximum Daily Drawdown or Maximum Trailing Drawdown.
11. Trailing Drawdown Buffer Requirement
A buffer zone must remain in the account after any reward.
If the trailing drawdown is locked at the Initial Balance and no profit remains in the account after a reward is processed, the account will be terminated.
To continue trading, the User must leave sufficient funds above the trailing drawdown level.
12. Prohibited Trading Practices
Click here to review the Prohibited Trading Practice. These rules are binding on you. Violations of these rules may result in profit forfeiture, loss of reward eligibility, suspension, termination, and/or permanent restriction from Services.
13. Enforcement and Termination
BEM Funding may monitor, review, and audit trading activity and platform usage to ensure compliance.
Any breach of these Terms of Use may result in enforcement actions, including suspension or termination of the account.
14. Final Provisions
Participation in the Program constitutes acceptance of these Terms of Use and the master Terms & Conditions.
BEM Funding reserves the right to modify Program parameters with prior notice where reasonably practicable.