1. ACCEPTANCE OF TERMS

These Terms and Conditions (the “Terms”) govern access to and use of all Services, Platforms, systems, software, websites, dashboards, trading environments, challenges, evaluations, simulated accounts, Funded Accounts, affiliate programmes and any other products or Services offered by BELIVE PROP TECHNOLOGIES LTD, a company duly incorporated under the laws of England and Wales, with its registered office at 13 St. Swithin’s Lane, Room 2, London, England, EC4N 8AL, United Kingdom (“Belive Prop”, the “Company”, “we”, “us” or “our”).

By creating an account, purchasing any product, accessing the Platform, participating in any evaluation, operating any account or using any Service provided by Belive Prop in any way, the individual user (the “Trader”, “you” or “your”) expressly acknowledges that they have read and understood these Terms and agree to be legally bound by them, together with all policies, rules, guidelines, disclosures and documents referred to in these Terms or made available through the Services, all of which are incorporated by reference.

If you do not agree to these Terms in their entirety, you are strictly prohibited from accessing or using any Belive Prop Service and must immediately discontinue all use.

NATURE OF THE BELIVE PROP PROGRAMME

Belive Prop provides access to simulated trading environments designed exclusively for evaluation, training and performance-assessment purposes. All trading activity conducted within Belive Prop programmes takes place exclusively in simulated environments intended to replicate certain market conditions and trading dynamics and does not constitute actual participation in live financial markets.

The Services are offered as part of an educational and evaluation programme and do not involve the offer, execution or facilitation of live-market trading, investment products or regulated financial activities.

2.1 No Brokerage or Investment Services

Belive Prop is not a broker, investment firm, financial adviser, portfolio manager, custodian or provider of regulated investment services to the public. Belive Prop does not accept, receive, safeguard or hold client funds; does not execute trades in live financial markets on behalf of Traders; and does not provide investment advice, trading recommendations, portfolio management or financial guidance of any kind.

Participation in Belive Prop programmes does not involve the provision of financial products, securities, derivatives, investment contracts or regulated investment services under applicable laws or regulations.

2.2 No Investment Advice or Recommendations

Belive Prop does not provide investment advice, trading recommendations, signals, strategies, opinions or guidance of any kind. No information, content, communication, educational material, support response, dashboard message, marketing material or statement made by Belive Prop or any of its employees, contractors, partners or representatives is to be interpreted as investment advice, financial guidance or a recommendation to trade.

All trading decisions are made solely and independently by the Trader, at the Trader’s own discretion and risk, and the Trader remains fully responsible for every action taken within the Services.

2.3 Simulated Environment

All trading activity within the Belive Prop Services takes place exclusively in a simulated trading environment that replicates certain market conditions solely for educational and evaluation purposes. No actual trade is executed in a live financial market. No real capital is at risk. The Trader does not own, control or hold any legal or beneficial interest in any financial instrument, security or asset. All account balances, profits, losses and performance metrics are entirely simulated and are used solely for evaluation purposes.

DEFINITIONS

For the purposes of these Terms and Conditions, the following definitions apply:

“Challenge Account” means a simulated evaluation account made available solely to assess a Trader’s trading performance, discipline, consistency, risk management and compliance with predefined trading rules and parameters. A Challenge Account is used exclusively as an evaluation tool and does not involve real capital, live-market execution or any entitlement to funding, profits or compensation except as expressly provided in these Terms.

“Funded Account” means a simulated trading account granted to a Trader after successful completion of the applicable Challenge Account requirements and subject to continuing compliance with all applicable Terms, trading rules, risk parameters and operational conditions established by Belive Prop. A Funded Account does not involve the Trader trading, owning, managing or being allocated real capital and does not constitute participation in live financial markets or regulated investment activity.

“Services” means all products, programmes, Services, evaluations, simulated accounts, Funded Accounts, Platforms, dashboards, tools, resources, content, software, analytics, payment mechanisms, educational materials and any related functionality provided by Belive Prop, whether directly or through authorised third-party technology providers.

“Platform” means the authorised trading Platform or Platforms designated by Belive Prop, together with any associated dashboard, interface, system, execution simulator, data feed, software, server or technology infrastructure used to access and operate the Services.

“Prohibited Conduct” means any behaviour, act, omission, trading practice, strategy or activity expressly prohibited by these Terms, the General Information and Guidelines or any related policy, including, without limitation, the matters described in Section 9, as determined by Belive Prop acting reasonably and in good faith.

“Performance Reward” means a discretionary amount that Belive Prop may grant to the Trader by reference to eligible results achieved in the simulated trading environment, subject to full compliance with these Terms. A Performance Reward is not a withdrawal of funds belonging to the Trader, an investment return, salary, deposit or share of actual market profits.

SERVICES

4.1 Simulated Evaluation Programme

Belive Prop provides access to simulated trading evaluation programmes (“Challenge Accounts”) designed exclusively to assess a Trader’s discipline, consistency, risk management and compliance with predefined trading rules and parameters.

All evaluations are conducted strictly within a simulated trading environment. Participation in a Challenge Account or in any subsequent Funded Account does not involve the allocation, ownership, control or trading of real capital by the Trader and does not constitute participation in live financial markets.

Successful completion of a Challenge Account may qualify the Trader for access to a Funded Account, subject to continuing compliance with these Terms and to Belive Prop’s sole and discretionary approval. No approval, continuation or Performance Reward is guaranteed.

4.2 Access to the Services and Platform

The Trader may access the Services by completing the registration and purchase process through Belive Prop’s official website, currently available at www.beliveprop.com, or through an authorised Platform designated by Belive Prop.

Following successful registration and payment, Belive Prop will provide the Trader with access credentials for the dashboard and simulated trading environment.

The scope of the Services may vary according to the selected evaluation model, account size or programme and may include performance metrics, dashboards, analytical tools and educational resources, as determined by Belive Prop.

Belive Prop reserves the right to modify, restrict, suspend or discontinue any aspect of the Services or Platform at any time, acting reasonably and in good faith.

4.3 Account Specifications and Pricing

Belive Prop offers simulated Challenge Accounts under One-Phase and Two-Phase models, in the sizes and subject to the conditions officially disclosed at the time of purchase. Successful completion of the applicable model may qualify the Trader for a corresponding simulated Funded Account in accordance with these Terms.

Each evaluation model or programme may include specific account sizes, profit targets, Drawdown limits, daily loss limits, minimum trading days, contract and exposure limits, inactivity rules, Challenge duration, tradable instruments, trading conditions, fees, promotions and other applicable parameters, as disclosed on Belive Prop’s official website, dashboard, checkout page, Account Specifications, Trading Rules, General Information and Guidelines or other official materials at the time of purchase.

The initial Challenge Account price includes the first sixty (60) days of Platform access. If the Challenge remains active after that period, a monthly Platform fee of USD 39 will be charged, as detailed in Section 7.8.

The specific rules, parameters and conditions applicable to the programme selected by the Trader at the time of purchase are incorporated into these Terms by reference and form an integral and binding part of the agreement between the Trader and Belive Prop.

Before completing any purchase, the Trader is responsible for reviewing and understanding all rules, specifications, limits, conditions and restrictions applicable to the selected programme.

4.3.1 Selected Configuration and Changes During the Account Term

The configuration selected at the time of purchase, including the model, account size, Platform, Platform version, optional features, add-ons and any other characteristics presented at checkout, will be linked to the relevant account once the credentials have been issued and the account activated.

An upgrade, downgrade, replacement or other change to that configuration may not be made while preserving an account that is already active in its current phase or operational status. If the Trader requests a different configuration during that phase, including the later addition of a Platform version or optional feature not originally purchased, the change, where technically available and approved by Belive Prop, will require the existing account to be closed or replaced and a new account to be issued. The new account will start from its initial balance with no previous progress.

No balance, simulated profit, percentage of a target achieved, trading day, phase, trading history, eligibility, Reward Cycle or other result from the previous account will be transferred to the new account. For example, if a Challenge Account has accumulated five per cent (5%) in simulated profit and the Trader requests a Platform change or configuration upgrade, any replacement account will start with zero per cent (0%) progress.

Exceptionally, an approved result will not be lost where an upgrade or configuration change is requested during either of the following transition windows:

after approval of Phase One of a Two-Phase Challenge Account and before the credentials for Phase Two are issued or activated; or

after final approval of the Challenge Account and before the credentials for the corresponding Funded Account are issued or activated.

In either case, approval of the completed phase and the right to proceed to the next stage will be preserved. The new configuration will apply only to the account for the next stage, which will begin under the ordinary parameters applicable to that stage. The balance, simulated profit and trades from the previous phase will not be carried forward because the preserved right is the approval already earned, rather than a transfer of simulated financial results between accounts.

To use either transition window, the Trader must request the upgrade and complete any applicable additional payment before the new credentials are issued or activated. Once the Phase Two account or Funded Account has been activated, the general replacement rule and restart of the relevant stage will apply again.

Before confirming a change, Belive Prop will inform the Trader of the applicable conditions, including any price difference or further payment. The existing account will only be closed or replaced after the Trader’s express confirmation, unless a change is required for technical, legal, regulatory or security reasons and no reasonable alternative is available.

All fees paid to Belive Prop grant the Trader only a limited, personal and non-transferable right to participate in a simulated evaluation programme or another simulated programme made available by Belive Prop. Fees are not deposits, investments, margin, client funds, ownership of capital, financial instruments or an entitlement to real trading capital.

Belive Prop may prospectively modify, update, add, remove, suspend or discontinue any evaluation model, programme, account type, account size, price, promotion, rule, feature, available instrument or operational structure, with updated information disclosed through the Company’s official website, dashboard, checkout page or other official communication channels. Unless expressly stated otherwise, the conditions applicable to the Trader will be those presented at the time the relevant programme was purchased.

4.4 Fees, Cancellation and Refund Policy

Belive Prop’s Cancellation and Refund Policy, made available on the official website and presented at the time of purchase, is incorporated into these Terms by reference and forms part of the agreement with the Trader.

Right to Cancel

Where the Trader qualifies as a consumer under applicable law, the Trader may request cancellation of the purchase within fourteen (14) calendar days from the date on which the contract is concluded, provided that the Trader has not placed any trade on the purchased Challenge Account.

By completing the purchase, the Trader expressly requests Belive Prop to make the Services and access credentials available immediately, before the cancellation period expires. By placing the first trade, the Trader acknowledges that performance of the Service has begun and agrees to lose the right to cancel to the extent permitted by applicable law.

A cancellation request must be sent to support@beliveprop.com within the applicable period and must include the Trader’s full name, registered email address, purchase identification and a clear statement that the Trader wishes to cancel the contract. Belive Prop may request information reasonably necessary to verify the applicant’s identity and locate the transaction.

Circumstances in Which No Refund Is Available

After the first trade has been placed or the fourteen (14)-day period has expired, whichever occurs first, all fees will be final, non-refundable, non-transferable and unavailable as credit, except where a refund is required by applicable law or expressly provided for in this Section.

No refund will be issued because of failure to pass or achieve the evaluation objectives; a soft breach or hard breach; reaching a Drawdown limit; breach of any rule; inactivity; voluntary closure; a change of mind after trading has begun; incompatibility caused by the Trader’s equipment, software or connection; a change in personal circumstances; an unsatisfactory result; or use of a reset.

Refund or Remedial Circumstances

Belive Prop may issue a full or partial refund, replace an account or provide another appropriate remedy where there has been a duplicate charge; confirmed payment without delivery of credentials within a reasonable period; cancellation of the product by Belive Prop before trading begins; a material unavailability of the Services attributable to Belive Prop that is not remedied within a reasonable period; or any other circumstance in which applicable law requires a remedy, price reduction or refund.

Where approved, a refund will, whenever possible, be processed through the payment method originally used and within no more than fourteen (14) calendar days after approval, subject to delays by a bank, card issuer, network or payment provider that are beyond Belive Prop’s reasonable control.

Chargebacks and Payment Disputes

The legitimate exercise of mandatory consumer rights does not breach these Terms. Before initiating a payment dispute, the Trader should, whenever reasonably possible, contact Belive Prop to allow the matter to be reviewed and a resolution attempted.

A fraudulent or abusive chargeback, dispute or reversal submitted without a legal or contractual basis after the Services have been delivered and used may result in suspension or closure of the related accounts, forfeiture of simulated profits or pending Performance Rewards, exclusion from the Services and recovery of proven costs and losses caused to Belive Prop. Nothing in this Section limits any consumer right that cannot lawfully be excluded.

4.5 Technical Requirements and Platform Access

The Trader acknowledges that access to the Services requires suitable technical equipment, internet connectivity and, where applicable, third-party software, all of which are obtained and maintained at the Trader’s sole cost and risk.

Belive Prop does not guarantee compatibility with any particular hardware, software, operating system or internet configuration. The Trader is solely responsible for ensuring technical compatibility and access.

4.6 Responsible Trading Conduct

Belive Prop promotes responsible, disciplined and professional trading behaviour within its simulated evaluation environment.

If the Trader engages in conduct which, in Belive Prop’s reasonable judgement, is inconsistent with responsible participation, abusive of the evaluation framework or indicative of Prohibited Conduct, Belive Prop reserves the right to suspend, restrict or terminate access to the Services, invalidate trading activity, forfeit simulated profits or permanently exclude the Trader from participation.

Belive Prop reserves the right to take any action it reasonably considers appropriate to protect the integrity, sustainability and educational purpose of its simulated trading programmes.

4.7 Nature of Fees

Fees paid by the Trader constitute payment for:

access to proprietary evaluation software and Platforms;

performance evaluation and monitoring Services;

educational resources and training materials;

administrative and operational costs; and

potential eligibility for performance-based compensation.

The fees do not represent:

deposits, investments or margin;

the purchase of financial instruments;

ownership of capital or assets; or

guaranteed returns or profits.

ELIGIBILITY

5.1 Minimum Age Requirement

The Trader represents and warrants that they are at least eighteen (18) years of age at the time of registration and use of the Services. In jurisdictions where the legal minimum age for participation in simulated trading programmes exceeds eighteen (18), the Trader further represents and warrants that they satisfy that higher minimum-age requirement.

If the Trader does not satisfy the applicable minimum-age requirement, access to and use of the Services are strictly prohibited, irrespective of any purported consent provided by a parent, legal guardian or third party.

5.2 Legal Capacity and Personal Eligibility

The Trader represents and warrants that they possess full legal capacity, authority and competence to enter into these Terms and participate in the Services.

The Trader further represents and warrants that they:

have not been convicted of any offence involving financial crime, fraud, money laundering or similar criminal conduct;

have not been sanctioned, suspended or disciplined by any financial, regulatory or supervisory authority;

are not subject to any court order, regulatory action, trading prohibition or legal restriction that would prohibit or limit participation in simulated trading activities; and

are not currently subject to insolvency, bankruptcy, judicial reorganisation, liquidation or similar proceedings under any applicable law.

If any of the above representations is inaccurate or becomes inaccurate at any time, the Trader is not eligible to use the Services.

5.3 Compliance with Applicable Laws

The Trader is solely responsible for ensuring that their access to and use of the Services comply with all applicable laws, regulations and legal requirements in their country of residence, domicile or the location from which the Services are accessed.

Access to the Services is void where prohibited by law or where the offer, use or provision of the Services would conflict with any applicable legal or regulatory requirement. Belive Prop does not represent or warrant that the Services are lawful, suitable or available in every jurisdiction.

Participation in the Services is undertaken solely at the Trader’s own initiative and risk.

5.4 Sanctions, Restricted Persons and Jurisdictions

The Trader represents and warrants that they are not listed, controlled by or acting on behalf of any individual or entity subject to economic sanctions, trade restrictions or embargoes imposed by the United Kingdom, the European Union, the United Nations, the United States or any other applicable authority.

The Trader further represents and warrants that they are not ordinarily resident in, located in or accessing the Services from any jurisdiction subject to comprehensive sanctions or restrictions, and are not acting on behalf of any sanctioned government, authority or entity.

Belive Prop reserves the right to restrict, suspend or terminate access to the Services at any time if continued participation would expose the Company to regulatory, legal, compliance or sanctions-related risk.

5.5 Continuing Eligibility

The eligibility requirements set out in this Section apply continuously throughout the Trader’s relationship with Belive Prop.

The Trader agrees promptly to notify Belive Prop of any change in circumstances that may affect their eligibility. Belive Prop reserves the right, acting reasonably and in good faith, to suspend, restrict or terminate any account if the eligibility requirements are no longer satisfied or if any representation made by the Trader is found to be inaccurate or misleading.

CONTENT, INFORMATION AND RISK WARNINGS

All content, information, materials, data, metrics, examples, simulations, educational resources, communications and any other materials made available through the Services are provided strictly “as is” and “as available”, without representations, warranties or promises of any kind, whether express, implied, statutory or otherwise, including, without limitation, warranties of accuracy, completeness, reliability, timeliness, merchantability, fitness for a particular purpose, title or non-infringement.

Belive Prop does not represent or warrant that any content is accurate, complete, current or suitable for any particular purpose and expressly disclaims liability arising from reliance upon such content by the Trader or any third party. All content is provided solely for general informational and educational purposes and is not prepared with regard to any individual investment objectives, financial situation, risk tolerance or personal circumstances.

6.1 Risk Acknowledgement — Simulated Trading

The Trader expressly acknowledges and agrees that trading activities, even when conducted in simulated environments, involve inherent risk, uncertainty and variability. Past performance, simulated results, hypothetical results or illustrative examples are not indicative of future performance and do not guarantee any specific trading outcome.

No representation, warranty or assurance is given that any Trader will achieve profits, avoid losses, qualify for a Funded Account, receive Performance Rewards or replicate any results displayed, discussed or implied through the Services.

The Trader further acknowledges that simulated trading environments may not accurately reflect actual market conditions, including, without limitation, liquidity, order-execution dynamics, price behaviour, volatility, latency, slippage, spreads, financing costs or risk exposure. Certain market factors may be under-represented or over-represented in the simulation, and actual live-market trading may produce materially different results.

By participating in the Services, the Trader voluntarily assumes all risks associated with simulated trading activities and agrees that Belive Prop will not be liable for any losses, missed opportunities, performance outcomes or decisions made on the basis of simulated data, content or results.

TRADING RULES AND SPECIFICATIONS

All Traders must strictly comply with the trading rules, risk limits and operational parameters set out in this Section. These rules are mandatory, apply to all account types unless expressly stated otherwise, and are continuously monitored in real time.

The consequences of non-compliance depend on the account type and nature of the breach. Reaching the Daily Drawdown on a Challenge Account is a soft breach and does not terminate the account, whereas reaching the Daily Drawdown on a Funded Account is a hard breach and results in termination. Global Drawdown and other breaches are treated under the specific provisions of these Terms.

7.1 Trading Hours, Overnight and Weekend Positions

All trading activity is governed by the official market hours of each instrument, as determined by the Platform server time, which prevails in all circumstances.

Challenge Accounts / Evaluation Accounts

Traders using Challenge or Evaluation Accounts may keep positions open at any time, including overnight positions, swing trades and positions during market closure or over weekends, irrespective of whether the market is temporarily closed.

The Trader expressly acknowledges and accepts all risks associated with holding positions during market closures, including opening gaps, reduced liquidity, increased volatility, wider spreads and price discontinuities when the market reopens.

Belive Prop accepts no liability for losses, Drawdown breaches or account outcomes resulting from overnight positions, swing trading or weekend positions in Challenge or Evaluation Accounts.

Funded Accounts

Traders using Funded Accounts may hold overnight positions, swing trades and positions over weekends, provided that they continuously comply with all applicable trading rules, risk limits, Drawdown limits, contract limits and other operational parameters.

Positions held after the daily or weekly market close may be subject to swap, meaning the financing charge or adjustment debited or credited for carrying a position from one trading day to the next. Swap may vary according to the instrument, position direction, number of days, provider conditions and market calendar, including multiple charges on particular days.

Swap is reflected in the account balance and equity and included in profit, loss, Daily Drawdown and Global Drawdown calculations. The Trader alone is responsible for checking the applicable amounts before holding positions overnight or over weekends.

The Trader acknowledges and accepts the risks of opening gaps, reduced liquidity, increased volatility, wider spreads, slippage, price discontinuities and swap. Belive Prop will not be liable for losses, Drawdown breaches or outcomes arising from the Trader’s decision to hold such positions, except where liability cannot lawfully be excluded.

7.2 Trading During News Events

Trading during economic news events is permitted on both Challenge Accounts and Funded Accounts. The Trader may open, hold, modify and close positions and orders before, during or after economic releases, including events classified as high impact.

The Trader acknowledges that news periods may involve extreme volatility, gaps, slippage, reduced liquidity, wider spreads, delays, rejections, partial fills and execution prices different from those displayed or requested. All results and trading costs are included normally in balance, equity, profit, loss and Drawdown calculations.

The decision to trade during news events is solely the Trader’s responsibility. Belive Prop will not be liable for losses, Drawdown breaches or outcomes caused by market and execution conditions during such periods, except where liability cannot lawfully be excluded.

7.3 Drawdown Management and Risk Limits

All Drawdown limits are monitored in real time and include open and closed positions together with all applicable trading costs.

Daily Drawdown (Daily Loss Limit — DLL)

Daily Drawdown resets each day at 21:00 UTC, equivalent to 18:00 in Brasília while UTC−3 applies. UTC always prevails for operational purposes. At reset, the higher of the account balance and equity becomes the reference equity for that trading day. The applicable limits are: One-Phase Challenge — 3%; Two-Phase Challenge — 5%.

Illustration: a USD 30,000 One-Phase account with a USD 31,000 balance at reset has reference equity of USD 31,000. Three per cent equals USD 930; the daily limit is therefore reached if equity reaches or falls below USD 30,070, with the treatment applicable to the account stage.

On Challenge Accounts, reaching Daily Drawdown is a soft breach. Open positions are closed, pending orders cancelled and trading blocked until the next daily reset at 21:00 UTC. The account is not terminated solely because of that soft breach, and realised losses remain fully recorded in the balance.

A soft breach does not restore balance, equity or any risk limit and does not prevent a hard breach if Global Drawdown is also reached. If the same movement reaches both limits, the Global Drawdown hard breach prevails. The single paid reset may remain available on an eligible Challenge Account under Section 7.9 if it has not already been used.

On Funded Accounts, reaching Daily Drawdown is a hard breach and results in immediate and permanent account termination.

Global Drawdown (Global DD)

Global Drawdown is calculated from initial capital, never resets and defines the minimum equity permitted at any time: One-Phase Challenge — 6%; Two-Phase Challenge — 10%.

Illustration: a USD 50,000 Two-Phase account with a 10% global limit permits equity to fall no lower than USD 45,000 before permanent closure.

The Trader must comply with both limits simultaneously. Reaching Global Drawdown is a hard breach and immediately stops trading. A Challenge Account may be restarted through its single paid reset if still available and all Section 7.9 requirements are met. A Funded Account is immediately and permanently terminated, without any reset entitlement.

7.4 Position Sizing and Contract Limits

The Trader must comply with the aggregate contract limits applicable to the account model and size. The same limits apply during the Challenge Account and the corresponding Funded Account. Each limit is calculated by asset class and equals the sum of all positions open simultaneously in that class, even across different instruments.

One-Phase Challenge

Asset class | 8K | 15K | 30K | 60K | 80K

Forex | 2 | 5 | 10 | 20 | 25

Global Indices | 0.08 | 0.15 | 0.30 | 0.60 | 0.80

B3 — Mini Index and Mini Dollar | 0.8 | 1.5 | 3 | 6 | 8

Metals | 0.2 | 0.3 | 0.6 | 1.2 | 1.6

Oil | 0.4 | 0.7 | 1.5 | 3 | 4

Two-Phase Challenge

Asset class | 10K | 25K | 50K | 100K

Forex | 5 | 15 | 25 | 50

Global Indices | 0.10 | 0.25 | 0.50 | 1

B3 — Mini Index and Mini Dollar | 1 | 2.5 | 5 | 10

Metals | 0.3 | 0.6 | 1.2 | 2

Oil | 0.6 | 1.5 | 3 | 6

Example: on a USD 25,000 Two-Phase Challenge Account, the aggregate Global Indices limit is 0.25 contract. Simultaneous positions of 0.15 in US100 and 0.10 in US500 therefore use the full permitted limit for that asset class.

For B3 instruments, a 1:10 ratio applies to the Global Indices limit. A 0.25 Global Indices limit therefore corresponds to 2.5 B3 contracts. Mini Index and Mini Dollar exposure is aggregated for this calculation.

The Trader may hold open positions simultaneously in no more than three (3) different asset classes. When more than one class is used, each class limit is divided equally by the number of classes in use: proportional class limit = table limit ÷ number of classes with open positions. Where the result is not a permitted Platform increment, it must be rounded down to the next valid increment.

On a USD 25,000 account, simultaneous use of Indices and Metals limits each class to 50% of its respective limit: 0.12 Global Indices and 0.30 Metals. With Indices, Metals and Forex used simultaneously, each is limited to approximately one third: 0.08 Global Indices, 0.20 Metals and 5 Forex.

Global Indices and B3 instruments constitute the same asset class for the maximum-number-of-classes and proportionality rules, subject to the 1:10 conversion above.

The limits apply to aggregate exposure by asset class and are continuously monitored. The sum of open positions in the same class must never exceed the account limit.

The Platform has no automatic restriction preventing orders above these limits. Monitoring exposure and maintaining compliance are solely the Trader’s responsibility. Miscalculation, lack of knowledge or the absence of a technical block does not excuse a breach.

For the first verified breach of the contract limits or proportionality rule, the Trader will receive a formal warning and must immediately adjust exposure where applicable. A second breach on the same account results in its immediate and permanent termination, during either the Challenge or Funded stage, without entitlement to a reset, refund or pending Performance Reward.

Belive Prop may prospectively modify the contract limits, acting reasonably and in good faith, with updated limits published at www.beliveprop.com.

7.5 Permitted Instruments

Trading is restricted to instruments approved by Belive Prop. The list of available instruments may be modified at any time without prior notice.

The authorised asset classes are exclusively:

Forex: major and minor currency pairs, including EUR/USD, GBP/USD, USD/CHF, USD/CAD and EUR/GBP;

Commodities: metals and energy products, including Gold, Silver and Oil; and

Indices: Global Indices, including the Dow Jones, Nasdaq 100, S&P 500, Nikkei 225, FTSE 100 and Hong Kong Index, and, when available on the Platform, B3 Mini Index and Mini Dollar, subject to the specific ratio in Section 7.4.

Trading in cryptocurrencies or any asset class not expressly authorised in this Section is prohibited.

7.6 Trading Costs

Belive Prop applies realistic trading costs to replicate live-market conditions. Such costs may include:

spread;

commissions, where applicable; and

overnight financing charges (swap) on positions held open after the close of the trading day.

All trading costs are automatically reflected in account equity and directly affect profit and loss calculations as well as Daily Drawdown and Global Drawdown limits.

Belive Prop reserves the right to adjust its cost structure at any time without prior notice.

7.7 Final Provisions on Trading Rules

All rules set out in this Section are binding, cumulative and strictly enforced. Illustrative examples are provided solely for clarification and do not override or limit the applicable rules.

The Trader remains solely responsible for understanding and complying with all trading rules at all times.

7.8 Activation, Minimum Trading Days and Inactivity

Activation

The account is activated immediately when the credentials are issued. There is no deferred activation period. All rules and time periods begin on that date.

Challenge Duration and Platform Fee

There is no maximum period for completing a Challenge Account. The Trader may remain in the Challenge indefinitely, provided that the inactivity rule and all other applicable conditions are observed.

The initial price includes sixty (60) calendar days of Platform access from the issue of the credentials. If the Challenge Account remains active after that period, a Platform fee of thirty-nine United States dollars (USD 39) will be charged for each subsequent thirty (30)-day period.

Charging begins on day 61 and continues while the Challenge Account remains active. It ends when the Trader receives the corresponding Funded Account, when the Challenge Account is terminated or when the Trader elects not to renew access. Funded Accounts are not subject to a monthly Platform fee.

There is no automatic debit. Before each new thirty (30)-day period, Belive Prop will send a payment link to the email address or WhatsApp number registered by the Trader. Payment through the link confirms renewal of access for the relevant period.

If payment is not made by the stated date, access and trading may be suspended until payment is regularised, or the Challenge Account may be terminated. The Trader is responsible for keeping contact details current and monitoring communications sent by Belive Prop.

Minimum Trading Days in the Challenge

One-Phase Challenge: at least three (3) trading days.

Two-Phase Challenge: at least three (3) trading days in each phase.

A day is counted where at least one trade is executed. The Trader may advance only after satisfying the minimum trading days and all other objectives for the phase.

Inactivity

The Trader must execute the first trade within thirty (30) calendar days after receiving the credentials. Thereafter, the Trader must not remain for more than thirty (30) calendar days without executing a trade.

This rule applies to both Challenge Accounts and Funded Accounts. Non-compliance may result in suspension or termination of the account without refund.

If a longer inactive period is required, the Trader must request authorisation before expiry of the period by emailing support@beliveprop.com. Approval is not automatic and is subject to Belive Prop’s review.

7.9 Challenge Account Reset

A reset is available exclusively for Challenge Accounts and may not be purchased, used or applied to Funded Accounts.

Each Challenge Account may receive no more than one (1) reset during its entire term, irrespective of the model, phase or reason for the request. Once that single reset has been used, no further reset is available for the same account.

A reset may be requested following a soft breach or failure caused by a hard breach or by reaching Global Drawdown, provided that the account is eligible and there is no indication of Prohibited Conduct. Availability of a reset does not prevent immediate application of the risk rules in these Terms.

The single reset price is USD 59.90. The fee is non-refundable and the reset will be processed only after full payment has been confirmed and the request approved by Belive Prop.

When applied, the reset restarts the current phase of the Challenge Account and restores its original parameters, including balance, equity, Drawdown limits, profit target, trading days and accumulated results. In a Two-Phase Challenge, a reset used during Phase Two restarts Phase Two and does not return the Trader to Phase One.

A reset does not constitute the purchase of a new account, transfer rights to another account or change the model or size originally purchased.

Belive Prop may refuse or cancel the reset option where it identifies fraud, a fraudulent or abusive chargeback, false or multiple identities, system exploitation, manipulation, programme abuse or any other Prohibited Conduct under these Terms. In such circumstances, the account may be terminated without any right to a reset.

FUNDED ACCOUNT TERMS AND PERFORMANCE REWARDS

8.1 Nature of Performance Rewards

The Trader acknowledges and agrees that all profits generated within Funded Accounts are entirely simulated.

Subject to full compliance with these Terms, Belive Prop may, at its sole discretion, grant the Trader a Performance Reward calculated by reference to eligible simulated profits. A Performance Reward is not a share of actual trading profits, a withdrawal of funds belonging to the Trader, salary or investment return. Eligibility for and calculation of Performance Rewards are governed exclusively by this Section 8.

8.2 Eligibility Requirements for Reward Requests

To submit a request for performance-based compensation, the Trader must satisfy all of the following conditions:

(a) Within the applicable Reward Cycle, the Funded Account must complete at least five (5) distinct trading days on which the minimum daily profit corresponding to the account size is achieved:

Funded Account Size | Minimum Profit on Each Qualifying Day

USD 8,000 | USD 30

USD 10,000 | USD 40

USD 15,000 | USD 50

USD 25,000 | USD 100

USD 30,000 | USD 100

USD 50,000 | USD 150

USD 60,000 | USD 150

USD 80,000 | USD 200

USD 100,000 | USD 200

The five (5) qualifying days need not be consecutive. The count resets after each approved Reward, and the Trader must satisfy the requirement again for every subsequent request.

The qualifying-day requirement applies to every Reward frequency, including Traders entitled to submit requests at seven-day intervals or daily. A shorter frequency does not waive the minimum days, Consistency Rule, Reward Cap or any other eligibility requirement.

(b) The Trader must be fully compliant with all Trading Rules and Specifications, including the applicable Daily and Global Drawdown limits.

(c) The Trader must have completed KYC verification, including valid government-issued identification and proof of address, and must maintain accurate personal and payment information.

(d) There must be no compliance review, investigation, suspicion of Prohibited Conduct, payment dispute or chargeback associated with the Trader or account.

8.3 REWARD CYCLES AND REQUESTS

The first trading cycle has a minimum duration of twenty-one (21) calendar days from the first trade placed on the Funded Account. The Trader may submit the first Reward Request after that minimum period has ended and once all eligibility requirements in these Terms have been satisfied.

If the Trader has not satisfied all requirements by the end of day 21, the right to request the first Reward becomes available as soon as those requirements are fully satisfied, without waiting for a new twenty-one (21)-day cycle.

The twenty-one (21)-day minimum for the first Reward applies separately to every new Funded Account, irrespective of the Trader’s Reward History or frequency level. After the first Reward is approved on that account, subsequent requests follow the frequency earned by the Trader under the rules below.

Up to four (4) approved Rewards in the Global Reward History: at least fourteen (14) calendar days between Rewards.

After five (5) approved Rewards in the Global Reward History: requests may be submitted at intervals of at least seven (7) calendar days.

After seven (7) approved Rewards in the Global Reward History: one Reward Request may be submitted per day, with at least twenty-four (24) hours between submissions.

The Global Reward History is linked to the Trader’s KYC-verified identity and includes approved Rewards actually granted across all eligible Funded Accounts. A later loss-limit breach or account closure does not erase valid Rewards previously granted. Rewards cancelled, reversed or obtained through fraud, Prohibited Conduct, chargeback, multiple identities or breach of these Terms do not count and may be removed from the history.

The frequency earned does not alter the Reward Caps. Every request remains subject to the cap corresponding to the Reward stage and Funded Account size, the Consistency Rule and all other applicable eligibility requirements.

Operation of the Cycle

A Reward Cycle remains open until an eligible request is approved. Completion of the five (5) qualifying days or expiry of the minimum period does not automatically close the cycle and does not guarantee a Reward.

Once a Reward is approved, a new cycle begins on the account. The five (5) qualifying-day count and the Consistency Rule reset, subject to the treatment of remaining profit below. The Trader must again satisfy all requirements before the next request.

If the Trader is not yet eligible on the minimum date under their frequency, the cycle remains open until all requirements are satisfied. It is not necessary to wait for another complete period of twenty-one (21), fourteen (14) or seven (7) days after eligibility is achieved.

Remaining Balance and Profit

The Trader is not required to request all eligible simulated profit. The Trader may request any amount permitted by the selected payment method, up to the applicable Reward Cap, and retain the remainder in the account as additional operating margin.

The approved gross amount is deducted from the simulated balance before the Reward split is applied. The Trader’s share is calculated on that gross amount under the applicable Belive Funded Progression level. Profit not included in the request remains in the simulated balance and may be considered in a future request.

Example: a USD 100,000 Funded Account reaches USD 102,400 and has a USD 2,000 Reward Cap. If the Trader requests USD 2,000, that gross amount is deducted, leaving an account balance of USD 100,400. At the 80% level, the Trader receives USD 1,600 and Belive Prop retains USD 400 from the gross Reward. Separately, the USD 400 remaining in the account is simulated profit above the requested amount. Although the figures are equal in this example, they have different legal and operational character.

If the Trader produces a further USD 1,000 of eligible profit in the next cycle, the balance becomes USD 101,400 and, subject to the Reward Cap, five (5) qualifying days, Consistency Rule and all other conditions, the Trader may request up to USD 1,400.

Remaining profit is not a debt, vested balance or guaranteed Reward. It remains subject to account risk. If the account suffers a hard breach or is closed before approval of a further Reward, all remaining simulated profit is lost.

All time periods are calculated in Coordinated Universal Time (UTC). Reward Requests must be submitted through the Dashboard in accordance with Belive Prop’s operational procedures.

Support and Enquiries

For assistance with Reward Requests, contact payout@beliveprop.com.

Processing and Discretion

Belive Prop may reject, defer or suspend any request where the eligibility requirements are not satisfied or additional verification is required.

8.4 Reward Split

The Trader’s share evolves according to the number of Performance Rewards approved and actually granted in the Global Reward History:

Trader’s Global Level | Trader Share | Belive Prop Share

1st to 3rd Reward | 80% | 20%

4th to 7th Reward | 90% | 10%

8th Reward onwards | 100% | 0%

After three (3) approved Rewards, the Trader unlocks 90% from the 4th Reward. After seven (7) approved Rewards, the Trader unlocks 100% from the 8th Reward.

The level is linked to the Trader’s verified identity and applies across all eligible Funded Accounts. The first twenty-one (21)-day cycle remains mandatory on a new Funded Account, but the split already earned by the Trader applies when the Reward is approved.

Rewards cancelled, reversed or obtained through fraud, Prohibited Conduct, chargeback or breach of these Terms do not count and may be removed from the history. If removal lowers the Trader’s level, future requests use the percentage corresponding to the valid history.

Belive Prop may offer time-limited promotions that accelerate or increase the Trader’s share, including promotional splits of 90% or 100%. A promotion applies only to the accounts, products, periods and conditions expressly disclosed and has no retroactive effect.

Every Reward split remains subject to the Consistency Rule and all other eligibility requirements in these Terms.

8.5 Minimum Reward Amount

The minimum amount per Reward Request depends on the payment method selected by the Trader:

Rewards processed through Rise: a minimum of two hundred and fifty United States dollars (USD 250) per request.

Rewards processed by cryptocurrency transfer: no minimum amount per request, without prejudice to network fees, processing costs and all other applicable eligibility requirements.

8.6 Reward Processing and Transfer Costs

Performance Rewards are subject to deduction of operational costs associated with processing and transferring the amount, including payment-provider fees, blockchain network fees, currency conversion, intermediary bank charges and other settlement expenses applicable to the method selected by the Trader, such as Rise, cryptocurrency or international bank transfer. These costs are not an additional retention of the Reward by Belive Prop, but necessary transfer expenses. Amounts may vary by method, network and provider.

Where a Reward is processed through Rise, the Trader may register as an individual or, where available and accepted by Rise, as a legal entity. Registration is subject to identity, KYC/AML, compliance, tax-documentation and other checks required by Rise and Belive Prop.

The name and ownership of the bank account, digital wallet or other payment method must correspond to the verified Trader or duly registered legal entity. An individual account may receive payment only in the Trader’s own name. A legal-entity account may receive payment only through a method held by that entity. Belive Prop may reject, suspend or require correction of any third-party or ownership-mismatched payment method.

The Trader alone is responsible for declaring Rewards received and satisfying all applicable tax, foreign-exchange, fiscal and documentary obligations in the country of residence or incorporation, including any requirement to issue an invoice or equivalent document. Verification or approval of a Reward by Rise or Belive Prop does not constitute discharge, advice or validation of the Trader’s tax obligations.

8.7 REWARD CAPS

Reward Caps by Stage

As part of a responsible liquidity-management and sustainable-growth policy, Belive Prop applies progressive Reward Caps that increase as the Trader demonstrates consistent performance.

Reward Caps vary according to the evaluation model, account size and Reward stage.

Funded Account Derived from a One-Phase Challenge

Reward Stage | USD 8,000 | USD 15,000 | USD 30,000 | USD 60,000 | USD 80,000

1st Reward | USD 300 | USD 500 | USD 750 | USD 1,400 | USD 1,700

2nd Reward | USD 300 | USD 500 | USD 750 | USD 1,400 | USD 1,700

3rd Reward | USD 425 | USD 650 | USD 1,000 | USD 1,900 | USD 2,200

4th Reward | USD 500 | USD 800 | USD 1,150 | USD 2,200 | USD 2,600

5th Reward onwards | USD 600 | USD 950 | USD 1,300 | USD 2,700 | USD 3,100

Funded Account Derived from a Two-Phase Challenge

Reward Stage | USD 10,000 | USD 25,000 | USD 50,000 | USD 100,000

1st Reward | USD 350 | USD 700 | USD 1,250 | USD 2,000

2nd Reward | USD 350 | USD 700 | USD 1,250 | USD 2,000

3rd Reward | USD 500 | USD 1,000 | USD 1,750 | USD 2,500

4th Reward | USD 600 | USD 1,200 | USD 2,000 | USD 3,000

5th Reward onwards | USD 750 | USD 1,500 | USD 2,500 | USD 3,500

Requests Below the Maximum Cap

The Trader may request less than the Reward Cap for the relevant stage, provided that all eligibility requirements are satisfied and the Funded Account contains sufficient eligible simulated profit.

The maximum gross amount of each request is the lower of: (a) the Reward Cap applicable to the account size and Reward stage; and (b) the eligible simulated profit accumulated above the account’s initial capital and not previously used for a Reward.

No Reward may reduce the simulated Funded Account balance below its initial capital. No additional Buffer Zone or Safety Margin is required for a Reward Request.

The approved gross amount is deducted from the simulated account balance. This administrative deduction is not a trading loss and does not, by itself, cause a Daily or Global Drawdown breach. Following the deduction, Daily Drawdown is calculated by reference to the daily balance and equity reference then applicable, while Global Drawdown remains calculated from initial capital under Section 7.3.

Remaining Profits and Subsequent Rewards

Any simulated profit not requested by the Trader or exceeding the Reward Cap for the stage remains in the account and may be included in subsequent Reward Cycles, subject to the same caps and eligibility conditions. The Trader may elect to retain that profit as additional operating margin.

For the Consistency Rule, remaining profit retains its link to the day on which it was generated and is considered together with the other profits included in the future request. Remaining profit is not vested, guaranteed or owed to the Trader before approval of the relevant Reward. If the account is terminated before approval, the Trader loses the remaining simulated profits.

Compliance with Eligibility Requirements

Every Reward Request is subject to Section 8.2, including minimum profits, the minimum amount applicable to the payment method, the Consistency Rule and all other trading rules. Non-compliance results in refusal or deferral of the request.

Belive Prop may prospectively revise the Reward Caps, with updated values published at www.beliveprop.com.

8.8 Consistency Rule

For the avoidance of doubt, the Consistency Rule applies exclusively to Funded Accounts and does not apply to Challenge Accounts or any evaluation phase.

The Consistency Rule is assessed when a Reward Request is submitted and requires that no single trading day represent more than seventy-five per cent (75%) of the accumulated profits considered in that request.

Irrespective of the evaluation model, once a Trader qualifies for a Funded Account, the Consistency Rule applies uniformly to that Funded Account. There is no phase distinction within Funded Accounts.

The Consistency Rule resets after each approved Reward, and subsequent profits are assessed in each new Reward Cycle, subject to the treatment of remaining profits in Section 8.7.

8.9 Processing, Verification and Discretion

Belive Prop may request additional information to verify eligibility, compliance and payment details. Acting reasonably and in good faith, it may refuse, delay or suspend any Reward Request where there is suspected non-compliance, Prohibited Conduct, incomplete verification, inaccurate information or an operational, legal, regulatory or risk concern.

Under normal conditions, a complete and eligible request will be reviewed, processed and forwarded to the payment provider within five (5) Business Days after submission. For this Section, Business Days are Monday to Friday, excluding official bank holidays in England and Wales.

The period is suspended while Belive Prop awaits documents, information or action from the Trader and during additional compliance, fraud, risk, sanctions or Prohibited Conduct reviews. Where reasonably possible, the Trader will be informed that further verification is required. Receipt after forwarding depends on the chosen bank, network or payment provider and may be outside Belive Prop’s control.

8.10 No Guarantee of Reward

Participation in the Services does not guarantee that the Trader will qualify for or receive any Performance Reward. Every Reward is conditional upon compliance with these Terms, successful verification and approval by Belive Prop.

PROHIBITED CONDUCT

9.1 Zero-Tolerance Violations

The following conduct constitutes a material breach of these Terms and results in immediate and permanent account termination, without prior notice, opportunity to remedy, refund, compensation or right of appeal.

The use of any automated, semi-automated, algorithmic or computer-assisted trading system is strictly prohibited on all Belive Prop accounts. This includes Expert Advisors (EAs), trading robots, algorithmic strategies, trading APIs, scripts, macros, artificial-intelligence systems, machine-learning tools, copy-trading software, signal-execution tools or any technology that executes, modifies or manages trades without the Trader’s direct and deliberate manual intervention for each individual action. The sole exception is the Official Nelogica Order Replicator where purchased or provided by Belive Prop and used exclusively under the Belive Copy Programme conditions in Section 10.

All trading decisions, order entries, position management, stop-loss adjustments and trade exits must be performed manually by the account holder through direct interaction with the authorised Platform.

Market manipulation is strictly prohibited, including spoofing, layering, quote stuffing, trading outside realistic bid/ask conditions to obtain artificial fills, exploitation of delays, freezes or price-feed errors, use of external or delayed data sources to obtain an unfair advantage, or strategies intended to distort prices, execution or market behaviour within the simulated environment.

9.2 Coordinated Trading, Copy Trading and Hedging

Coordination across multiple accounts is strictly prohibited. This includes copy trading, signal sharing, strategy mirroring, synchronised entries or exits and any coordinated trading behaviour between accounts, whether owned by the same person or different persons. The sole exception is replication between eligible accounts of the same Trader through the Official Nelogica Order Replicator within a Belive Copy 2 or Belive Copy 5 group previously authorised by Belive Prop.

Cross-account hedging strategies are prohibited, including opposite positions in correlated instruments or the same instrument across different accounts for the purpose of reducing risk, locking profits or circumventing Drawdown limits.

Outside the express Belive Copy exception, each account must be traded independently with its own strategy, risk profile and decision-making process. Any attempt to pool risk, distribute exposure or coordinate behaviour across accounts constitutes Prohibited Conduct.

9.3 System Exploitation and Technical Abuse

Any attempt to exploit technical limitations, vulnerabilities or deficiencies in the Platform or its infrastructure is strictly prohibited. This includes manipulating Daily or Global Drawdown calculations, exploiting execution latency, pricing discrepancies, system errors, connectivity issues, server behaviour, geographical restrictions or Platform bugs.

Belive Prop reserves the right retrospectively to review, analyse and assess trading activity where system exploitation is suspected.

9.4 Prohibited Trading Patterns and Behaviour

Trading behaviour inconsistent with professional, disciplined and commercially viable trading practices is prohibited.

This includes gambling-style behaviour such as martingale strategies, excessive position sizing following losses, all-in trading, recovery trading intended rapidly to recover losses, or maximum exposure during extreme volatility without adequate risk justification.

Gaming behaviour intended to manipulate the evaluation is also prohibited, including account flipping by opening and closing minimal trades solely to satisfy minimum trading-day requirements, or mechanical trading designed purely to pass evaluation metrics.

Scalping and Micro-Scalping

Manual scalping is permitted where it represents a genuine strategy, is executed directly by the Trader and is compatible with realistic market conditions. There is no mandatory minimum duration for an individual trade, and the occasional closure of a position in less than two (2) minutes is not, by itself, a breach.

However, during each phase of a Challenge Account and each Reward Cycle of a Funded Account, both of the following requirements must be satisfied:

the average duration of all closed trades must exceed two (2) minutes; and

at least fifty per cent (50%) of the positive gross profit generated during the period must result from trades held open for more than two (2) minutes.

Trade duration is measured from the opening time to the closing time recorded on the Platform. Partial trades, multiple related orders and split positions may be assessed together where they form part of the same trading idea or strategy.

Systematic tick scalping, excessive order volume within seconds or milliseconds, repeated pursuit of minimal price movements through technical exploitation, and strategies intended to exploit latency, price feeds, liquidity conditions or simulated-execution characteristics are prohibited. Automated, semi-automated and algorithmic execution remains prohibited under Section 9.1.

Non-compliance is treated according to the severity, recurrence and circumstances identified, with the measures in Section 9.6 applying.

Order Scaling

Belive Prop permits order scaling with fractional lots, provided that the Trader does not increase position size on additional entries when price moves against the original order. In addition to the original order, entries may be made at no more than two (2) additional price levels, always in the same direction and with a lot size equal to or smaller than the first order.

Permitted example: the Trader buys 0.03 lot and, if price falls, may make a further purchase of 0.03 lot or less at each of the two permitted additional levels.

Prohibited example: the Trader buys 0.03 lot and, after price moves against the position, makes a further purchase of 0.05 lot. Increasing the lot size relative to the original order is prohibited.

All related orders are aggregated for contract-limit purposes and must comply with asset-class proportionality and all other risk rules in these Terms.

Trading patterns in which eighty per cent (80%) or more of positions are consistently taken in a single direction without objective technical or fundamental justification may be considered unprofessional and subject to enforcement action.

Strategies that cannot realistically be replicated under actual market conditions, or that constitute non-commercial activity intended solely to exploit evaluation parameters, are strictly prohibited.

9.5 Account Stacking

Account stacking is prohibited and occurs where a Trader repeatedly engages in aggressive or high-risk trading, breaches Drawdown limits on one account and immediately moves to another account to repeat the process.

Any pattern of cycling through multiple accounts to circumvent risk controls, Drawdown consequences or reset requirements constitutes Prohibited Conduct and results in permanent exclusion from all Belive Prop Services.

9.6 Consequences and Enforcement

Belive Prop applies enforcement measures proportionate to the severity, intention and recurrence of a breach.

For a first minor and isolated breach of a trading rule, excluding Prohibited Conduct, Belive Prop may, at its discretion, issue a warning, exclude specified trading days from the evaluation or offer a paid reset option where applicable.

For serious breaches or any Prohibited Conduct, enforcement measures include immediate and permanent account closure, forfeiture of all simulated profits, denial of pending or future Performance Rewards and permanent exclusion from all Belive Prop Services.

Belive Prop reserves the right to pursue legal remedies where prohibited conduct causes damage, loss or regulatory exposure.

All determinations concerning Prohibited Conduct are made by Belive Prop, acting reasonably and in good faith, and are final and binding, without a right of appeal, subject to Section 9.7 where applicable.

9.7 Account Review Process

Notwithstanding the finality of Belive Prop’s determinations, where an account is closed for breach of trading rules other than a Zero-Tolerance Violation under Section 9.1, the Trader may request a review. The request must be submitted in writing to support@beliveprop.com with the subject “Account Review” within 72 hours after notice of closure, setting out detailed reasons and supporting evidence. Belive Prop will conduct an internal review, and the resulting decision is final and conclusive. This review is a courtesy procedure and does not waive Belive Prop’s right to make final and binding decisions under these Terms.

ACCOUNT LIMITS AND MANAGEMENT

Each Trader may maintain no more than five (5) active accounts simultaneously across all Belive Prop programmes, plans, phases and account types combined, including Challenge Accounts and Funded Accounts. The limit applies to the Trader’s verified identity or registered legal entity, as applicable, irrespective of the number of tax identifiers, national identification documents, email addresses, payment methods or Reward payment methods associated with them.

This limit applies per individual Trader irrespective of the number of plans, evaluation models, account sizes or phases selected.

10.1 Belive Copy Programme

The Belive Copy Programme permits the same Trader to use the Official Nelogica Order Replicator to reproduce orders between the Trader’s own eligible Belive Prop accounts. Two configurations are available:

Belive Copy 2: two (2) accounts in total, comprising one Master Account and one Follower Account.

Belive Copy 5: five (5) accounts in total, comprising one Master Account and four Follower Accounts.

Accounts in the same Belive Copy group must belong to the same verified Trader and have the same model, nominal size and phase or operational status. Any account size offered by Belive Prop may be used, subject to the overall limit of five (5) active accounts and maximum aggregate simulated capital of five hundred thousand United States dollars (USD 500,000). For example, five USD 8,000 accounts represent USD 40,000 of aggregate simulated capital, while five USD 100,000 accounts represent the USD 500,000 maximum.

Replication must take place exclusively through the Official Nelogica Order Replicator at a 1:1 ratio. Multipliers, increased replicated quantity, linking third-party or unauthorised external accounts, and use of any other copier, replicator, API, robot or automation tool remain prohibited.

Each account is monitored and assessed individually. Daily Drawdown, Global Drawdown, contract limits, profit targets, minimum days, Consistency Rule, phase approval, eligibility, cycles, Reward Caps and Performance Rewards are calculated separately for each account. Approval, failure, suspension, closure or progression of one account does not automatically extend to another.

Only accounts remaining in the same phase or operational status may continue in the same replication group. If an account is approved, failed, suspended, closed or becomes incompatible, the Trader must immediately remove it from the replicator until a new eligible and authorised configuration exists.

The Trader acknowledges that latency, liquidity, connection, margin, availability, rejection, slippage or execution differences may cause an order to execute differently or not at all on one or more accounts. Each result recorded remains valid on the relevant account. Use of the replicator does not guarantee identical execution, transfer breaches between accounts or release the Trader from compliance with the rules applying to each account.

Opening, maintaining or attempting to operate accounts above the limit, directly or indirectly, including through false, misleading or multiple identities, third parties, legal entities or another method intended to circumvent the restriction, constitutes Prohibited Conduct and may result in:

immediate closure of all associated accounts;

forfeiture of all simulated profits, Rewards or rights;

permanent exclusion from all Belive Prop Services; and

denial of future participation in Belive Prop programmes.

Except for replication expressly permitted under the Belive Copy Programme, all accounts must be operated independently without coordination, mirroring, hedging, copy trading, signal sharing or strategic alignment. Each account must be managed autonomously with independent trading decisions, risk management and operating logic.

Belive Prop reserves the right, at its sole discretion, to monitor account ownership, behavioural patterns, execution characteristics and correlations between accounts to verify compliance with this Section and enforce these Terms.

INTELLECTUAL PROPERTY RIGHTS

Belive Prop Technologies LTD (“Belive Prop”) and its licensors retain all right, title and interest in and to the Services, the Platform and all related intellectual property, whether registered or unregistered, throughout the world. This includes all software, source code, algorithms, trading models, evaluation frameworks, methodologies, dashboards, interfaces, databases, data analysis, performance metrics, reports, educational materials, documentation, written and visual content, designs, layouts, trade marks, service marks, logos, trade names, branding elements, business processes, trade secrets and other proprietary or confidential information used or made available in connection with the Services.

Nothing in these Terms grants the Trader any ownership right in intellectual property belonging to Belive Prop or its licensors.

Belive Prop grants the Trader a limited, revocable, non-exclusive, non-transferable and non-sublicensable licence to access and use the Services and Platform solely for the Trader’s personal participation in authorised simulated trading programmes and strictly in accordance with these Terms. The licence terminates automatically and immediately upon suspension or termination of the Trader’s account or these Terms for any reason.

The Trader must not, directly or indirectly, and must not permit any third party to:

copy, reproduce, modify, adapt, translate, distribute, transmit or publicly display any part of the Services or Platform;

reverse engineer, decompile, disassemble or otherwise attempt to derive the source code, algorithms or underlying structure of any software, system or tool used by Belive Prop;

create derivative works based on Belive Prop intellectual property;

scrape, collect, mine or extract Platform data, metrics or content by automated or manual means;

remove, obscure or alter proprietary notices, trade marks or intellectual-property legends;

share, sell, transfer or make access credentials or Platform access available to third parties; or

use Belive Prop intellectual property for competitive, commercial or unauthorised purposes.

Unauthorised use, infringement or misappropriation of Belive Prop intellectual property constitutes a material breach and may result in immediate account closure, forfeiture of simulated profits or benefits, permanent exclusion from the Services and pursuit of all available legal remedies, including injunctive relief and damages, to the fullest extent permitted by law.

DATA PRIVACY, MONITORING AND RECORDING

12.1 Monitoring and Data Collection

Belive Prop continuously monitors, records and analyses use of its Services for legitimate business purposes, including compliance, risk management, fraud prevention, system integrity, performance evaluation, rule enforcement, security, operational improvement and legal obligations.

Monitoring may include:

trading activity, order placement, execution and position management;

account balances, equity, profits and losses, Drawdown metrics and performance analysis;

Platform use, navigation patterns, behavioural indicators and interaction logs;

login activity, IP addresses, device identifiers, browser information and security logs;

communications with Belive Prop, including support tickets, emails, chats and system messages;

payment activity, transaction metadata and billing records; and

personal data provided during registration, onboarding, KYC verification or use of the Services.

Monitoring is carried out in accordance with applicable data-protection laws and Belive Prop’s Privacy Policy.

12.2 No Expectation of Confidentiality in Trading Activity

To the fullest extent permitted by applicable law, the Trader acknowledges and agrees that there is no expectation of confidentiality or privacy in relation to trading activity, performance metrics, compliance reviews, behavioural analysis or Platform use.

Belive Prop may review, analyse, audit and use such data for legitimate business purposes, including internal assessments, enforcement of these Terms, detection of Prohibited Conduct, dispute resolution, regulatory compliance and statistical or analytical purposes.

This provision does not limit the Trader’s statutory data-protection rights under applicable law.

12.3 Data Retention

Belive Prop retains personal data, account records and trading data for as long as necessary to perform contractual obligations, comply with legal and regulatory requirements, resolve disputes, enforce agreements and pursue legitimate business interests.

Unless a longer retention period is required or permitted by law:

account and transaction records are generally retained for at least seven (7) years after account closure;

trading records, logs and performance data are retained for at least seven (7) years; and

communications may be retained for longer periods where necessary for compliance, evidential or operational purposes.

Following account closure, data may continue to be retained to the extent required by law or for legitimate business purposes. Requests for access, correction or erasure are governed exclusively by applicable data-protection laws and Belive Prop’s Privacy Policy.

INDEMNITY

The Trader agrees to indemnify, defend and hold harmless Belive Prop Technologies LTD, its affiliates, shareholders, directors, officers, employees, contractors, agents, licensors and service providers from and against all claims, demands, actions, proceedings, liabilities, damages, losses, costs and expenses, including reasonable legal fees and expenses, arising out of or relating to:

any breach or alleged breach by the Trader of these Terms, policies, rules or guidelines;

any breach by the Trader of applicable laws, regulations or regulatory requirements;

the Trader’s trading activity or use or misuse of the Services or Platform;

false, inaccurate, incomplete or misleading information provided during registration, onboarding, KYC or use of the Services;

breach of any representation, warranty or obligation of the Trader under these Terms;

third-party claims arising from the Trader’s conduct, acts or omissions;

tax liabilities, filings, disputes or obligations arising from Performance Rewards or other amounts received by the Trader;

a chargeback, payment dispute, reversal or fraudulent or abusive payment attempt initiated by or on behalf of the Trader; or

any other act or omission by the Trader that causes damage, loss or legal exposure to Belive Prop.

Belive Prop may, at its sole discretion, assume exclusive control of the defence and settlement of any indemnified matter without limiting the Trader’s indemnity obligations. The Trader agrees to cooperate fully in the defence of any claim.

The Trader may not settle, compromise or resolve an indemnified claim without Belive Prop’s prior written consent.

The obligations in this Section survive termination or expiry of these Terms and closure of any account indefinitely, to the extent permitted by applicable law.

LIMITATION OF LIABILITY

14.1 Maximum Liability

To the fullest extent permitted by applicable law, Belive Prop Technologies LTD will not be liable to the Trader for claims, losses, damages or liabilities arising out of or relating to these Terms, the Services, the Platform or the Trader’s participation in a Challenge Account or Funded Account in an aggregate amount exceeding the lower of:

the total fees actually paid by the Trader to Belive Prop during the twelve (12) months immediately preceding the event giving rise to the claim; or

one hundred United States dollars (USD 100).

This limitation applies irrespective of the legal theory on which liability is alleged, including contract, tort (including negligence), misrepresentation, restitution or otherwise.

14.2 Excluded Losses

To the fullest extent permitted by applicable law, Belive Prop will not be liable for indirect, incidental, special, consequential, exemplary or punitive damages, including:

loss of profits, anticipated earnings or opportunities;

trading losses or missed trading opportunities;

loss of data, business, goodwill or reputation;

business interruption or system unavailability;

technical failures, Platform downtime, connectivity issues, latency, data-feed delays or execution discrepancies;

market volatility, price gaps, liquidity conditions or economic events; or

damage arising from causes beyond Belive Prop’s reasonable control.

This exclusion applies even where Belive Prop has been advised of the possibility of such damage.

14.3 Basis of the Agreement

The Trader expressly acknowledges that the limitations and exclusions in this Section are a fundamental element of the contractual relationship between the Trader and Belive Prop. The Services are provided on the basis that these limitations apply, and Belive Prop would not provide the Services without them.

Nothing in these Terms excludes or limits liability to the extent that such exclusion or limitation is prohibited by applicable law.

DISPUTE RESOLUTION, GOVERNING LAW AND JURISDICTION

15.1 Governing Law

These Terms and Conditions and any dispute, claim or controversy arising out of or relating to these Terms, the Services, the Platform or the Trader’s participation in a Belive Prop programme are governed by and construed in accordance with the laws of England and Wales, without regard to conflict-of-law principles.

15.2 Jurisdiction

The Trader irrevocably agrees that the courts of England and Wales have exclusive jurisdiction to settle any dispute, claim or controversy arising out of or relating to these Terms or the Services, including related non-contractual obligations.

Nothing in this Section limits Belive Prop’s right to seek injunctive or interim relief in any jurisdiction where such relief is necessary to protect its legitimate interests, intellectual property, systems or compliance obligations.

15.3 Waiver of Class and Representative Claims

To the fullest extent permitted by applicable law, the Trader agrees that all disputes will be brought solely in an individual capacity and not as a claimant or class member in any purported class action, group action, representative proceeding or group litigation.

The Trader expressly waives any right to participate in or commence class actions, group proceedings or representative claims against Belive Prop.

15.4 Waiver of Jury Trial

To the extent permitted by applicable law, the Trader irrevocably waives any right to a jury trial in relation to a dispute, claim or proceeding arising out of or relating to these Terms or the Services.

15.5 Limitation Period

Any claim, action or proceeding arising out of or relating to these Terms or the Services must be commenced within twelve (12) months from the date on which the claim first arose. A claim not brought within that period is permanently barred, to the extent permitted by applicable law.

TERMINATION

16.1 Termination by Belive Prop

Belive Prop reserves the right, at its sole discretion, to suspend, restrict or terminate the Trader’s account or accounts and access to the Services at any time, with immediate effect, with or without prior notice and with or without cause, including in the following circumstances:

breach of any provision of these Terms and Conditions, policies, guidelines or rules;

involvement in Prohibited Conduct or abusive, manipulative or unethical behaviour;

breach of trading rules, risk limits or operational requirements;

provision of false, misleading, incomplete or inaccurate information;

suspicious, irregular or non-compliant trading activity or behavioural patterns;

failure to satisfy KYC, AML or compliance requirements;

non-payment of applicable fees or chargeback or payment disputes;

legal, regulatory or compliance requirements;

operational, technical or commercial considerations; or

any other reason considered necessary by Belive Prop to protect the integrity, sustainability or lawful operation of its programmes.

Belive Prop is not obliged to provide reasons, notice, an opportunity to remedy or corrective measures before termination, except where required by applicable law or expressly provided in these Terms.

16.2 Effect of Termination

Upon termination of the Trader’s account or accounts, irrespective of the reason:

all accounts will be closed immediately;

all open positions will be closed automatically without prior notice;

all simulated profits, benefits and pending Performance Rewards will be forfeited immediately;

no refund, credit or compensation will be provided, except where required by applicable law;

all access to the Services, Platform, dashboards and systems will be permanently revoked;

all licences and permissions to use Belive Prop intellectual property will terminate immediately; and

the Trader remains liable for outstanding obligations, fees, damages or liabilities incurred before termination.

Termination does not limit Belive Prop’s right to pursue legal, contractual or equitable remedies available under applicable law.

16.3 Survival

Provisions intended by their nature to survive termination remain in full force and effect, including:

fee obligations and the cancellation and refund policy;

disclaimers and limitations of liability;

indemnity obligations;

intellectual property rights;

confidentiality obligations;

dispute resolution, governing law and jurisdiction provisions; and

compliance, monitoring and enforcement rights.

GENERAL PROVISIONS

17.1 Amendments to the Terms

Belive Prop reserves the right, at its sole discretion, to amend, modify, update or replace these Terms and Conditions at any time. Any amendment takes effect upon publication on the Belive Prop website, Dashboard or official communication channels, subject to any notice required by applicable law.

The Trader’s continued access to or use of the Services after the effective date of an amendment constitutes acceptance of the revised Terms to the extent permitted by applicable law. The Trader is responsible for reviewing these Terms periodically to remain informed of updates.

17.2 Entire Agreement

These Terms and Conditions, together with the Privacy Policy and any policies, rules, guidelines or disclosures expressly incorporated by reference, constitute the entire agreement between the Trader and Belive Prop concerning the Services.

They supersede all prior or contemporaneous agreements, representations, understandings or communications, whether written or oral, relating to their subject matter.

17.3 Severability

If a provision of these Terms is held invalid, unlawful or unenforceable under applicable law, it will be severed to the necessary extent and the remaining provisions will continue in full force and effect to the fullest extent permitted by law.

17.4 Assignment

The Trader may not assign, transfer, delegate or otherwise dispose of any right or obligation under these Terms, in whole or in part, without Belive Prop’s prior written consent.

Belive Prop may assign or transfer these Terms, in whole or in part, including in connection with a merger, acquisition, corporate reorganisation or sale of assets, subject to applicable law.

17.5 Electronic Communications

The Trader consents to receive operational communications, notices, disclosures, payment links and documents from Belive Prop electronically, including by email, WhatsApp at the registered number, Platform notification, Dashboard message or website publication.

The Trader agrees that such electronic communications satisfy any legal requirement that communications be made in writing, to the extent permitted by applicable law.

17.6 Force Majeure

Belive Prop will not be liable for failure or delay in performing its obligations where caused directly or indirectly by forces beyond its reasonable control, including strikes, labour disputes, accidents, war or terrorism, civil or military disturbance, nuclear or natural catastrophe, pandemic, interruption, loss or malfunction of utilities, communications or computer services, including failures of third-party trading platforms, data providers or internet connectivity, or another force-majeure event.

In such circumstances, Belive Prop may suspend evaluation activities, extend Challenge periods, pause trading-day calculations or take other action it considers fair and appropriate. The Trader is not entitled to compensation, refund or credit for resulting losses or inconvenience, except where required by applicable law.

CONTACT INFORMATION

All communications, notices, questions or requests concerning these Terms and Conditions or the Services must be directed to:

BELIVE PROP TECHNOLOGIES LTD

Registered office: 13 St. Swithin’s Lane, Room 2, London, England, EC4N 8AL, United Kingdom

Email: belive@beliveprop.com

Website: www.beliveprop.com

Dashboard: dashboard.beliveprop.com

ACKNOWLEDGEMENT AND ACCEPTANCE

By accessing or using the Services, the Trader expressly acknowledges that they have read, understood and agreed to be legally bound by every provision of these Terms and Conditions.

The Trader acknowledges and agrees that all trading activity conducted within Challenge Accounts and Funded Accounts takes place in a simulated trading environment and that profits, balances and performance results are virtual in nature and may never be converted into real money.

The Trader further acknowledges and accepts all risks associated with participation in simulated trading programmes and agrees that every trading decision is made solely at their own discretion and responsibility.

The Trader understands and agrees that Belive Prop’s determinations concerning account management, rule enforcement, breaches, Prohibited Conduct, eligibility, Performance Rewards and access to the Services are final and binding following completion of any review process expressly made available under these Terms.

Acceptance of these Terms constitutes a legally binding agreement between the Trader and Belive Prop Technologies LTD. If the Trader does not fully understand a provision, it is the Trader’s responsibility to seek independent legal advice before using the Services.

© 2025–2026 Belive Prop Technologies LTD. All rights reserved.