Please read these terms carefully before using our platform. By creating an account or using our services, you agree to be legally bound by these terms and conditions.
These Terms and Conditions ("Agreement") govern the relationship between you ("Client", "you") and Unicorn Traders Ltd ("Unicorn Traders", "we", "us", "our"), a company incorporated in England and Wales (Company No. 12345678), whose registered office is at 1 Trading Square, London, EC2V 8RT.
Unicorn Traders is authorised and regulated by the Financial Conduct Authority (FCA) under Firm Reference Number 987654. Our services are provided in accordance with applicable UK financial regulations including MiFID II, the Financial Services and Markets Act 2000, and FCA rules.
By opening an account, accessing our platform, or using any of our services, you acknowledge that you have read, understood, and agree to be bound by this Agreement, our Privacy Policy, our Risk Disclosure Statement, and all other documents incorporated herein by reference.
We reserve the right to amend these Terms at any time. You will be notified of material changes with at least 10 business days' notice via email or in-platform notification. Continued use of our services following notification constitutes acceptance of the revised terms.
To open and maintain an account with Unicorn Traders, you must:
Our services are not available to residents or nationals of the United States of America, Canada, North Korea, Iran, Syria, Cuba, or any other jurisdiction where the provision of such services would be unlawful or where we have chosen not to operate for business reasons. We reserve the right to update this list at any time.
⚠ Important: Providing false information during the application process constitutes a material breach of this Agreement and may result in immediate account closure and forfeiture of any profits.
To open a trading account, you must complete our online application, provide the required documentation, and pass our verification and suitability assessment. We may, at our sole discretion, decline any application without providing a reason.
We offer Standard (Retail), Professional, and Demo accounts. Different account types carry different regulatory protections and trading conditions. Professional clients have access to higher leverage but forfeit certain protections afforded to retail clients under FCA rules, including access to the Financial Services Compensation Scheme (FSCS) for investment claims.
You are responsible for maintaining the confidentiality of your account credentials. You agree to notify us immediately of any unauthorised access or suspected breach of account security. Unicorn Traders shall not be liable for losses arising from your failure to maintain the security of your credentials.
Unicorn Traders provides execution-only trading services for Contracts for Difference (CFDs) and other leveraged derivative products including, but not limited to:
We act as a counterparty to your trades. This means we take the opposite side of your position. We are not acting as your agent or financial advisor. We do not provide investment advice, and nothing on our platform should be construed as a recommendation to buy or sell any instrument.
Our services are provided on an execution-only basis. You are solely responsible for your trading decisions. We strongly recommend seeking independent financial advice before trading leveraged products.
All orders are subject to our Best Execution Policy. We aim to provide the best possible result for our clients when executing orders, taking into account price, speed, likelihood of execution, and other relevant factors.
While we aim to fill orders at the requested price, market conditions may result in slippage — positive or negative. We operate a no-requote policy for standard market orders. In fast-moving or illiquid markets, execution prices may differ from quoted prices.
We reserve the right to reject or cancel any order in cases of technical errors, suspected market manipulation, system errors resulting in incorrect prices, or circumstances beyond our reasonable control.
Our full fee schedule is available on our website and within the trading platform. Fees may include:
We reserve the right to modify our fee schedule at any time with at least 10 business days' prior notice. Continued trading after notice constitutes acceptance of the new fee structure.
The minimum deposit is $100 USD (or equivalent). We accept deposits via bank transfer, credit/debit card, and approved e-wallet providers. All deposits must originate from an account or card in your own name — third-party deposits are strictly prohibited.
Withdrawal requests are typically processed within 1–3 business days. We may delay or decline a withdrawal request where we have reasonable grounds to suspect fraudulent activity, where funds are subject to a hold pending AML review, or where there are outstanding margin obligations.
⚠ Regulatory Requirement: Funds will be returned via the same method used for deposit where possible. We are required to conduct AML checks on all withdrawals and may request supporting documentation.
CFD trading involves a high degree of risk. You can lose more than your initial deposit. Leverage amplifies both profits and losses. You must maintain the minimum margin level required to keep positions open.
If your account equity falls below the margin maintenance level, you will receive a margin call notification. If your margin level falls to our close-out level (typically 50% for retail clients), we reserve the right to automatically close one or more of your positions without prior notice to protect against negative balance.
Retail clients benefit from Negative Balance Protection — you cannot lose more than the funds held in your trading account. This protection does not apply to professional clients.
You agree not to engage in any of the following prohibited activities:
Violation of these provisions may result in immediate account suspension, cancellation of trades, and reporting to regulatory authorities. We reserve the right to void any profits we reasonably believe resulted from prohibited conduct.
All content on our platform, including software, data feeds, algorithms, charts, educational materials, trademarks, and logos, are the exclusive property of Unicorn Traders Ltd or our licensors. You are granted a limited, non-exclusive, non-transferable licence to access and use our platform solely for your personal trading activities.
You may not copy, reproduce, distribute, reverse engineer, or create derivative works from any part of our platform without our express written consent.
To the maximum extent permitted by applicable law, Unicorn Traders shall not be liable for any indirect, consequential, special, or incidental losses arising from your use of our services, including but not limited to loss of profits, loss of data, or business interruption.
Our total aggregate liability to you under this Agreement shall not exceed the total fees paid by you to us in the 12 months preceding the claim. Nothing in this Agreement limits our liability for death or personal injury caused by our negligence, fraud, or as required by applicable law.
Unicorn Traders is not liable for losses arising from force majeure events, including but not limited to natural disasters, acts of government, war, cyberattacks, exchange closures, or failures of third-party systems beyond our reasonable control.
Either party may terminate this Agreement with 10 business days' written notice. We may terminate immediately in cases of fraud, money laundering, regulatory requirement, or material breach of these terms.
Upon termination, all open positions will be closed at prevailing market prices, and funds will be returned to you after deduction of any outstanding fees, charges, or amounts owed. Any accrued rights and obligations will survive termination.
This Agreement shall be governed by and construed in accordance with the laws of England and Wales. Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of England and Wales, subject to your rights as a consumer under applicable law.
If you are dissatisfied with our resolution of a complaint, you may refer the matter to the Financial Ombudsman Service (FOS) at www.financial-ombudsman.org.uk, or apply for arbitration under the FCA's Alternative Dispute Resolution framework.
If you have any questions about these Terms and Conditions, please contact us: