1. Objective

This regulation aims to establish guidelines and rules for participation and operation in the BIDMAX PROPTRADING International proprietary trading desk, which offers traders the opportunity to trade with the company’s capital, subject to the conditions specified below.

2. Eligibility

2.1. The trader must be over 18 years of age and have full legal capacity to participate in the proprietary trading desk. 2.2. The trader must undergo an evaluation process, which includes practical tests, to ensure that they have the technical knowledge necessary to operate in the CFD market.

3. Evaluation Program

3.1. All traders must complete the evaluation program to be qualified to trade with the company’s capital. 3.2. The evaluation program may be divided into phases with different profit targets and permitted risk levels. 3.3. The evaluation has a fixed duration of 30 days, during which the trader must achieve a specific profit target, described in their contracted plan, without violating the risk limits. 3.4. If the trader reaches the maximum drawdown of 50% (fifty percent) of the account, does not reach the stipulated goals or violates the risk rules, they will be disqualified, invalidating any future profit or loss operation. 3.5 CONSISTENCY RULE: The trader must perform a maximum of 30% (thirty percent) of their profit target on the day, the excess amount will be disregarded in the analysis of their possible approval. Example: Target of $200, the highest daily profit cannot exceed $60.00. 3.6. The approved trader must request the evaluation of their performance from customer service. They must close their open orders and not trade until they receive the approval email. After the evaluation stage, if approved, they will receive their real account within 5 business days.

4. Operating Capital

4.1. After approval in the evaluation program, the trader will receive operating capital to trade in the market via CFD contract. 4.2. The size of the capital made available in the real account will be proportional to the contracted plan and the standard operating leverage of the 200:1 account, with the proprietary company being responsible for allocation and alteration if necessary. 4.3. The trader will not be responsible for losses in excess of the capital assigned to them by the company, provided that the risk rules are met.

5. Risk Rules

5.1. Maximum Drawdown: Each trader will be subject to a maximum drawdown limit stipulated in their contracted plan, which cannot be exceeded. 5.2. Leverage: The maximum leverage allowed will be determined by the company and may be changed with prior notice, and it is the trader’s responsibility to operate it properly. 5.3. Maximum Exposure: Each asset has its own contract size and spread. The number of open lots and total exposure will be controlled by the trader and they should avoid excessive risks, however, the desk’s risk management has the autonomy to limit leverage, exposure and times when there may be financial loss to the proprietary trading desk. 5.5. The desk will have the right to close any transaction that causes excessive financial risk to its operation, as well as to the exposed trader. 5.6. The use of financial hedging and automation (robots) by the contractor is PROHIBITED.

6. Profit Distribution

6.1. The profits obtained by the trader in the operations will be divided between the company and the trader in a proportion of 90% (ninety percent) for the trader and 10% (ten percent) for the proprietary trading desk. 6.2. Withdrawal Rule: 6.2.1. The withdrawal of profits must be requested by the 8th or 18th of each month. 6.2.2. Payment will be made on the 10th and 20th of each month, if it is a business day, or on the next business day. 6.2.3. If the trader does not request the withdrawal by the deadline, the profit will be accumulated for the next month. 6.3. The distribution of profits will follow the policy agreed in item 6.1. and will have a 15% discount for tax charges. 6.4. The minimum amount for transfer is $50.00.

7. Suspension and Disqualification

7.1. If the trader violates any risk rule, they may be immediately suspended or disqualified. 7.2. In cases of disqualification, the company reserves the right to terminate the partnership with the trader without obligation of reimbursement or compensation, in addition to the profits that have been earned up to that point. 7.3. The trader will be notified in advance if they exhibit high-risk operational behavior.

8. Tools and Platforms

8.1. The trader will have access to the trading platforms offered by the company MetaTrader 5 and/or Black Arrow (if available). If the trader chooses to hire the Black Arrow platform, it will have an additional monthly cost of R$129.00 (one hundred and twenty-nine reais) to the value of the contracted plan. 8.2. The trader is responsible for ensuring that their settings and operations follow the guidelines established by the company.

9. Trader Conduct

9.1. The trader must follow the ethical and operational principles established by the company, operating in a fair and transparent manner. 9.2. Any attempt at market manipulation, insider trading or fraudulent practices will result in immediate disqualification and possible legal action.

10. Updates to the Regulation

10.1. The company reserves the right to change or update this regulation at any time, without prior notice to traders. 10.2. Changes will take effect on the date the regulatory document is updated, and traders must agree to the new rules to continue trading.

11. Confidentiality and Security

11.1. All information shared between the trader and the proprietary trading desk is confidential and may not be disclosed to third parties without prior consent. 11.2. The trader must ensure the security of their access credentials and not share their login information with third parties.

12. Termination of Agreement

12.1. Both parties, company and trader, may terminate the contract at any time, upon 30 days’ prior notice. 12.2. In the event of termination, accumulated profits will be paid according to the current policy, and the responsibilities of both parties will cease.

13. Final Provisions

13.1. This regulation must be interpreted in accordance with the applicable laws of the country of operation of the proprietary trading desk. 13.2. Any dispute shall be resolved amicably between the parties. Otherwise, it will be submitted to arbitration or to competent bodies, whose jurisdiction will be located in the city of Rio de Janeiro – RJ.