Legal & Company Information
Transparency builds trust. Here are our legal details and policies.
Company Registration
- Legal Entity
- NanaForex Ltd.
- Registration Number
- CS123456789
- Jurisdiction
- Ghana
- Registered Address
- Accra, Ghana
- Contact Email
- legal@nanaforex.com
- Contact Phone
- +233-XX-XXX-XXXX
Important: NanaForex is a proprietary trading evaluation and funding platform. We are not a regulated broker, bank, or financial advisor. We do not hold client deposits. Evaluation fees are for assessment access only and are at risk.
Regulatory Status
- • NanaForex operates as a proprietary trading firm (prop firm), not a licensed broker or investment firm.
- • We do not custody client funds. Evaluation fees are service payments for access to simulated trading assessments.
- • Funded accounts trade on simulated capital; payouts are made from company revenue, not client deposits.
- • This model is common in the prop trading industry but carries different protections than regulated brokerage accounts.
- • Participants should understand that evaluation fees are at risk and there is no guarantee of funding or profit.
Terms of Service Summary
One Account Per Person: Creating multiple accounts to bypass evaluation rules is fraud and results in permanent ban.
Evaluation Rules: $100 demo start, 50% max drawdown breach, 25% profit target for admin review. Staged progression: evaluation → risk management → strategy → admin review → funded.
Risk Management: Maximum 1 lot per trade, maximum 3 concurrent open trades, stop-loss required on all positions.
Cooldown Period: 15-day wait after a breached evaluation before retrying.
Profit Split: Default 40% to trader on funded accounts (configurable per agreement).
Withdrawal Fees: 2% tax deduction + 3% maintenance fee (5% combined) on all withdrawals. Network/gateway fees absorbed by NanaForex.
Withdrawal Methods: Ghana: Crypto (BSC), MoMo, Telecel Cash, AT Cash. Other countries: Crypto only.
Withdrawal PIN: 4-digit PIN required, 5 failed attempts locks withdrawal for security.
Account Freezing: Admins may freeze accounts for rule violations, suspicious activity, or compliance review.
No Financial Advice: All content, signals, and tutorials are educational. Not investment advice.
Privacy Policy Summary
Data We Collect: Email, username, country, phone number (E.164 format), device fingerprint, IP address, trading activity, MetaTrader credentials (encrypted).
How We Use It: Account creation, evaluation eligibility, fraud prevention, trade syncing, payout processing, support, legal compliance.
Data Sharing: MetaApi.cloud (trade synchronization), payment processors (withdrawals), legal authorities (if required). Never sold.
Retention: Account data retained while active. Deleted accounts anonymized within 30 days. Legal/financial records kept per jurisdiction requirements.
Your Rights: Access, rectification, deletion (subject to legal holds), data portability. Contact privacy@nanaforex.com.
Cookies: Only essential session cookie (nf_session, HttpOnly, SameSite=Lax, 7-day expiry). No tracking/analytics cookies.
Risk Disclosure
Trading forex, CFDs, and leveraged products carries a high level of risk and may not be suitable for all investors.
• You may lose your entire evaluation fee. There is no guarantee of passing evaluation or receiving a funded account.
• Funded accounts operate on simulated capital. Past performance in evaluation does not guarantee future results.
• Leverage amplifies both gains and losses. The 50% max drawdown rule can result in rapid account failure.
• Market volatility, slippage, execution delays, and technical issues can affect simulated results.
• NanaForex does not provide financial, tax, or legal advice. Consult independent professionals.
• By participating, you acknowledge you understand these risks and accept full responsibility for your trading decisions.
Full Policy Documents
Contact Legal & Compliance
For legal inquiries, data protection requests, or compliance matters: