Terms of Service

These Terms of Service (“Terms”) are a binding agreement between SolaraX Markets FZCO, trading as Backed (“Backed”, “we”, “us”) and any person who registers for or uses backed.io, app.backed.io, our API, our MCP server or any related service (the “Services”).

By creating a profile, completing a purchase or using the Services you accept these Terms, the rules book at backed.io/rules, our Privacy Policy, Refund Policy and Cookie Policy, and, once you reach a funded account, the Funded Trader Agreement. Together these are the whole agreement between you and us.

We may change these Terms. Changes take effect when published on this page, and the date above shows the latest version. If a change materially affects an account you already hold, we will tell you in the app or by email. Continuing to use the Services after a change means you accept it.

We may refuse a registration, purchase or Account at our discretion, for example where we cannot confirm eligibility.

Backed provides simulated trading environments. Every Account, at every stage, is simulated: prices come from live market data, but no order you place is sent to any exchange, broker, liquidity pool or prediction market, and no asset, security or contract is bought or sold for you.

An Account measures how you trade. Funded accounts let you earn payouts based on that performance. A funded account is not a deposit, an investment, a loan or capital you own, and its balance has no cash value.

Backed is not a broker, exchange, investment adviser or financial institution. We do not give investment advice, accept deposits or manage money for anyone. Nothing on the Services is a recommendation to trade.

Each program has its own objectives, limits and payout terms, set out in the rules book. The rules book is part of these Terms. The values shown there are the values our rules engine applies to your Account.

Breaking a hard limit of your program (for example the daily loss limit or the max drawdown) ends the Account automatically. A breach is final and cannot be appealed, except where it was caused by an error on our side that we can verify.

We may change the rules for new Accounts at any time. Changes to Accounts you already hold apply only when the rules book says so or when we tell you, and never take away profit you have already earned under the previous rules.

Prices are shown on backed.io and at checkout, in US dollars. We accept card payments, selected cryptocurrencies and Backed balance. The price shown at checkout, after any discount, is the price you pay.

An Account is issued as soon as your payment is confirmed. All sales are final from that moment; see the Refund Policy.

Opening a chargeback, dispute or payment reversal without first contacting us at the support address below is a material breach of these Terms. We may then suspend your profile, close your Accounts and cancel any payouts that have not been paid.

Nothing in these Terms removes rights you have under consumer protection law that cannot be excluded.

Before your first payout you must sign the Funded Trader Agreement in the app and complete identity verification (KYC) with our verification provider. You can do both as soon as an Account is funded; we recommend doing it early so your first payout is not delayed.

Payouts are calculated and paid as described in the rules book: your profit split, the conditions to request a payout, the minimum and maximum amounts and how they are paid. A payout request is reviewed before it is paid.

We may refuse, reduce or reverse a payout, and remove profit from an Account, where the profit came from prohibited conduct, a pricing or system error, or a breach of these Terms. Where we do, we show the reason in your account statement.

You are responsible for any taxes due on payouts you receive.

You must trade in good faith, as you would with real capital. The full list of prohibited conduct, how we detect it and what happens is in the rules book. In summary, it is not allowed to:

Where we detect prohibited conduct we may deduct the profit it produced, fail or close the Account, cancel payouts and close your profile. Serious cases may be reported to the authorities.

You may trade your Accounts through our documented REST API and MCP server, including with AI agents you control. Keys are personal: keep them secret, and you are responsible for every order placed with them. All rules apply to orders placed through the API exactly as they do in the app. We may limit, suspend or revoke access to protect the platform.

The Services, including the Backed name and torii mark, software, interface, data compilations, rules book and content, belong to SolaraX Markets FZCO or its licensors. We grant you a limited, personal, revocable, non-transferable licence to use the Services for your own trading on Backed. You may not copy, resell, scrape, reverse engineer or build a competing service from them.

You may share your own results, share cards and referral links, as long as you do not misrepresent Backed or what an Account is.

How we collect and use personal data is described in our Privacy Policy and Cookie Policy. Please protect your login and turn on two-factor sign-in.

The Services depend on market data providers, blockchains, payment processors, cloud hosting and other third parties. We work to keep them available and accurate, but we do not promise they will be uninterrupted or error-free. We are not liable for outages, delayed or incorrect data from third parties, network congestion, maintenance or events outside our reasonable control.

If a price or fill was clearly wrong because of a data or system error, we may correct or cancel the affected trades and their results.

Our system records of orders, fills, balances and rule checks are the reference in any dispute, unless there is a manifest error.

The Services are provided for evaluation and education. Simulated results are hypothetical, have inherent limitations and do not show how you would perform with real money. Trading real markets involves substantial risk of loss.

To the extent the law allows, we are not liable for indirect, incidental, special or consequential loss, or for lost profits, opportunities or data. Our total liability for all claims relating to the Services is limited to the amount you paid us in the 12 months before the event giving rise to the claim.

You may stop using the Services at any time. We may suspend or close your profile or any Account, with or without notice, if you breach these Terms or the rules book, if we are required to by law, or to protect the platform and other traders. When a profile is closed, open evaluations end and unpaid payouts that are not owed under these Terms are cancelled.

These Terms are governed by the laws of the United Arab Emirates as applied in the Emirate of Dubai. Before starting any claim, please contact us so we can try to resolve it in good faith within 30 days. Any dispute not resolved that way will be settled by arbitration in Dubai, in English, before a single arbitrator.

If any part of these Terms is found unenforceable, the rest stays in force. Failing to enforce a right is not a waiver of it. You may not transfer your rights under these Terms; we may transfer ours to an affiliate or successor.

Questions about these Terms: support@trybacked.io. SolaraX Markets FZCO, Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, United Arab Emirates.