Friday the 13th:
30% Off + 85% Payout Ratio
Code: UNLUCKY


Bezahlen mit:
Werde Für Deine Trading-Fähigkeiten Bezahlt
Werde Für Deine Trading-Fähigkeiten Bezahlt
$750K Futures & $400K CFDs
Capital
One-Time Fee
No Extra Costs
Keep Up To 100% Profit In Real Cash
$750K Futures & $400K CFDs Capital
One-Time Fee No Extra Costs
Keep Up To 100% Profit In Real Cash
Instant Payouts
Instant Payouts
•
•
13 min
13 min
CFD Offer
30% Off
Code:
UNLUCKY
CFD Offer
30% Off
Code:
UNLUCKY
Futures Offer
40% Off
Code:
BRIGHTFUTURES
Futures Offer
40% Off
Code:
BRIGHTFUTURES
$
$
17
17
M+
M+
Ausgezahlt in Prämien
Ausgezahlt in Prämien
40,000+
27.500+
27.500+
Aktive Trader
Aktive Trader
155+
120+
120+
Bediente Länder
Bediente Länder
2023
2023
Gegründet
Gegründet
$47K+
$47K+
Biggest Single Payout




Modern Prop Trading
Entdecke Trading mit BrightFunded
Keine Einzahlungen. Keine Margin Calls. Das Einzige, was auf dem Spiel steht, ist dein Können. Wähle und kaufe eine Evaluation Course, bestehe sie und erhalte einen simulierten Funded Account. Von da an verfolgen wir deine Ergebnisse und zahlen dir echtes Bargeld basierend auf deiner Leistung aus.
Schnelle Auszahlung
Keine Versteckten Regeln
Schneller Support



Pick Your
Market
Pick Your Market
Two products. The same top-tier experience.
CFDs
Trade Forex, Crypto, Commodities, Indices. And get paid for it.
3 Plans to Trade
15% Evaluation Profit Reward
No Consistency Rules
Futures
New!
Trade Equity, Metals, FX, Energy Futures. And get paid for it.
2 Plans to Trade
Daily Payouts Available
No Consistency Once Funded
CFDs
Trade Forex, Crypto, Commodities, Indices. And get paid for it.
3 Plans to Trade
15% Evaluation Profit Reward
No Consistency Rules
Futures
New!
Trade Equity, Metals, FX, Energy Futures. And get paid for it.
2 Plans to Trade
Daily Payouts Available
No Consistency Once Funded
Wie Es Funktioniert
Wie Es Funktioniert
Es Ist Einfach Bright
Es Ist Einfach Bright
Evaluation-Phase
Zeig Deine Fähigkeiten
Wähle deinen Challenge, folge den Zielen und bestehe den Challenge erfolgreich.

Finanzierungsphase
Werde Belohnt
Handle mit unserem simulierten Funded Account. Erhalte echte Auszahlungen basierend auf deiner Leistung.

Bright-Vorteile
Level Up & Verdiene Mehr
Die Finanzierung ist erst der Anfang. Skaliere und schalte exklusive Vorteile frei. Mehr erfahren

Evaluation-Phase
Zeig Deine Fähigkeiten
Wähle deinen Challenge, folge den Zielen und bestehe den Challenge erfolgreich.

Finanzierungsphase
Werde Belohnt
Handle mit unserem simulierten Funded Account. Erhalte echte Auszahlungen basierend auf deiner Leistung.

Bright-Vorteile
Level Up & Verdiene Mehr
Die Finanzierung ist erst der Anfang. Skaliere und schalte exklusive Vorteile frei. Mehr erfahren


CFDs
Futures
New!
Vertraut von Tradern
Ein Plan Für Jeden
Einfacher oder günstiger? Baue dir einen Challenge, der zu deiner Strategie passt.
Schneller
1 Step
Bester Wert
2-Step
Bright
2-Step
Classic
2-Step Classic retires Sunday 15 Nov. Existing accounts are not affected.
Zahlen Anzeigen
$5K
$10K
$25K
$50K
$100K
$200K
15% Evaluation Gewinnbelohnung
$97.50
Max. Täglicher Verlust
4%
Max. Gesamtverlust
8%
Min. Handelstage
5 Tage
Auszahlungsquote
Bis zu
90%
Gewinnziel
8%
Phase 1
5%
Phase 2
15% Evaluation Gewinnbelohnung
$195.00
Max. Täglicher Verlust
4%
Max. Gesamtverlust
8%
Min. Handelstage
5 Tage
Auszahlungsquote
Bis zu
90%
Gewinnziel
8%
Phase 1
5%
Phase 2
15% Evaluation Gewinnbelohnung
$487.50
Max. Täglicher Verlust
4%
Max. Gesamtverlust
8%
Min. Handelstage
5 Tage
Auszahlungsquote
Bis zu
90%
Gewinnziel
8%
Phase 1
5%
Phase 2
15% Evaluation Gewinnbelohnung
$975.00
Max. Täglicher Verlust
4%
Max. Gesamtverlust
8%
Min. Handelstage
5 Tage
Auszahlungsquote
Bis zu
90%
Gewinnziel
8%
Phase 1
5%
Phase 2
Am Beliebtesten
15% Evaluation Gewinnbelohnung
$1,950.00
Max. Täglicher Verlust
4%
Max. Gesamtverlust
8%
Min. Handelstage
5 Tage
Auszahlungsquote
Bis zu
90%
Gewinnziel
8%
Phase 1
5%
Phase 2
15% Evaluation Gewinnbelohnung
$3,900.00
Max. Täglicher Verlust
4%
Max. Gesamtverlust
8%
Min. Handelstage
5 Tage
Auszahlungsquote
Bis zu
90%
Gewinnziel
8%
Phase 1
5%
Phase 2
ALLE PLÄNE BEINHALTEN
24-Stunden
Garantierte Auszahlungen
Keine
Konsistenzregeln
Unbegrenzter
Handelszeitraum
Trade2Earn
Treueprogramm
Unbegrenzter
Skalierungsplan
CHALLENGE-ADD-ONS
Swap-Frei
Wöchentliche Auszahlungen
100% Challenge-Gebührenrückerstattung
Keine Mindesthandelstage
90% Auszahlungsquote
CFDs
Futures
New!
Vertraut von Tradern
Ein Plan Für Jeden
Einfacher oder günstiger? Baue dir einen Challenge, der zu deiner Strategie passt.
Zahlen Anzeigen
Schneller
1-Step
2-Step
Bright
Bester Wert
2-Step
Classic
2-Step Classic retires Sunday 15 Nov. Existing accounts are not affected.
Gewinnziel
15% Evaluation
Gewinnbelohnung
Max. Täglicher
Verlust
Max. Gesamtverlust
Min. Handelstage
Auszahlungsquote
$97.50
4%
8%
5 Tage
Bis zu
90%
8%
Phase 1
5%
Phase 2
$195.00
4%
8%
5 Tage
Bis zu
90%
8%
Phase 1
5%
Phase 2
$487.50
4%
8%
5 Tage
Bis zu
90%
8%
Phase 1
5%
Phase 2
$975.00
4%
8%
5 Tage
Bis zu
90%
8%
Phase 1
5%
Phase 2
Am Beliebtesten
$1,950.00
4%
8%
5 Tage
Bis zu
90%
8%
Phase 1
5%
Phase 2
$3,900.00
4%
8%
5 Tage
Bis zu
90%
8%
Phase 1
5%
Phase 2
ALLE PLÄNE BEINHALTEN
24-Stunden
Garantierte Auszahlungen
Keine
Konsistenzregeln
Unbegrenzter
Handelszeitraum
Trade2Earn
Treueprogramm
Unbegrenzter
Skalierungsplan
CHALLENGE-ADD-ONS
Swap-Frei
Wöchentliche Auszahlungen
100% Challenge-Gebührenrückerstattung
Keine Mindesthandelstage
90% Auszahlungsquote
Warum BrightFunded

Kostenloser $1K Challenge
Starte Deine Trading-Reise Kostenlos

Trade2Earn
Handle, Verdiene, Wiederhole.

Payout
24-Stunden Payout-Garantie

Skalierungsplan
Unbegrenzter Skalierungsplan

Einfache Regeln
Handle Mit Ruhe & Zuversicht

Kostenloser $1K Challenge
Starte Deine Trading-Reise Kostenlos

Trade2Earn
Handle, Verdiene, Wiederhole.

Payout
24-Stunden Payout-Garantie

Skalierungsplan
Unbegrenzter Skalierungsplan

Einfache Regeln
Handle Mit Ruhe & Zuversicht


Einfache Regeln
Einfache Regeln
Handle Mit Ruhe & Zuversicht


Trade2Earn
Trade2Earn
Handle, Verdiene, Wiederhole.

Legacy-Programm
Mehr Als Nur Payout


Skalierungsplan
Skalierungsplan
Unbegrenzter Skalierungsplan


Kostenloser $1K Challenge
Starte Deine Trading-Reise Kostenlos


Payout
24-Stunden Payout-Garantie
Topbewertet

Vertraut Von Vielen
Tradern Weltweit
27.500+
27.500+
Aktive Trader
Aktive Trader
$
$
13
13
M+
M+
Ausgezahlt in Prämien
Ausgezahlt in Prämien
120+
120+
Bediente Länder
Bediente Länder
Emre. $24,827.20
🇹🇷 Türkei

Bahadir. $11,858.71
🇹🇷 Türkei

Gijs. $7,920.14
🇳🇱 Niederlande

Gary. $829.68
🇺🇸 USA

Ahmed. $4,125.75
🇬🇧 Vereinigtes Königreich

Indy. $674.47
🇬🇧 Vereinigtes Königreich

Mohammed. $4,254.82
🇳🇱 Niederlande

Florian. $119,795.57
🇦🇹 Österreich

Jordy. $24,827.20
🇧🇪 Belgien

Emre. $24,827.20
🇹🇷 Türkei

Bahadir. $11,858.71
🇹🇷 Türkei

Gijs. $7,920.14
🇳🇱 Niederlande

Gary. $829.68
🇺🇸 USA

Ahmed. $4,125.75
🇬🇧 Vereinigtes Königreich

Indy. $674.47
🇬🇧 Vereinigtes Königreich

Mohammed. $4,254.82
🇳🇱 Niederlande

Florian. $119,795.57
🇦🇹 Österreich

Jordy. $24,827.20
🇧🇪 Belgien

Emre. $24,827.20
🇹🇷 Türkei

Bahadir. $11,858.71
🇹🇷 Türkei

Gijs. $7,920.14
🇳🇱 Niederlande

Gary. $829.68
🇺🇸 USA

Ahmed. $4,125.75
🇬🇧 Vereinigtes Königreich

Indy. $674.47
🇬🇧 Vereinigtes Königreich

Mohammed. $4,254.82
🇳🇱 Niederlande

Florian. $119,795.57
🇦🇹 Österreich

Jordy. $24,827.20
🇧🇪 Belgien


$38,962.33
Abdurrahman
🇹🇷 Türkei

$40,360.36
Esad
🇹🇷 Türkei

$19,158.13
Jordy
🇧🇪 Belgien

$18,547.62
Manjinder
🇬🇧 Vereinigtes Königreich

$18,504.38
Marko
🇭🇷 Kroatien

$17,824.21
David
🇺🇸 USA

$12,888.00
Omid
🇬🇧 Vereinigtes Königreich

$12,993.94
Matias
🇦🇷 Argentinien

$11,737.35
Maarten
🇳🇱 Niederlande

$11,019.13
Susmoko
🇮🇩 Indonesien

$9,237.17
Kyrylo
🇵🇱 Polen

$38,962.33
Abdurrahman
🇹🇷 Türkei

$40,360.36
Esad
🇹🇷 Türkei

$19,158.13
Jordy
🇧🇪 Belgien

$18,547.62
Manjinder
🇬🇧 Vereinigtes Königreich

$18,504.38
Marko
🇭🇷 Kroatien

$17,824.21
David
🇺🇸 USA

$12,888.00
Omid
🇬🇧 Vereinigtes Königreich

$12,993.94
Matias
🇦🇷 Argentinien

$11,737.35
Maarten
🇳🇱 Niederlande

$11,019.13
Susmoko
🇮🇩 Indonesien

$9,237.17
Kyrylo
🇵🇱 Polen
Starke Geschichten
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Futures
New
Der Industriestandard für technische Analyse und leistungsstarkes automatisiertes Trading.
Android
iOS
Webbrowser
Windows

CFD
The industry standard for technical analysis and powerful automated trading.
Windows
Android
MacOS
iOS
Web Browser

CFD
Eine moderne, elegante Oberfläche für schnelle Ausführung und professionelles Charting.
Windows
Android
MacOS
iOS
Webbrowser

CFD
Eine flexible, modulare Plattform mit integrierten Risiko- und Performance-Tools.
Android
iOS
Webbrowser

Futures
New
Der Industriestandard für technische Analyse und leistungsstarkes automatisiertes Trading.
Android
iOS
Webbrowser
Windows

CFD
The industry standard for technical analysis and powerful automated trading.
Windows
Android
MacOS
iOS
Web Browser

CFD
Eine moderne, elegante Oberfläche für schnelle Ausführung und professionelles Charting.
Windows
Android
MacOS
iOS
Webbrowser

CFD
Eine flexible, modulare Plattform mit integrierten Risiko- und Performance-Tools.
Android
iOS
Webbrowser

Futures
New
Der Industriestandard für technische Analyse und leistungsstarkes automatisiertes Trading.
Windows
Android
iOS
Webbrowser

CFD
The industry standard for technical analysis and powerful automated trading.
Windows
Android
MacOS
iOS
Web Browser


CFD
A modern, sleek interface built for fast execution and pro charting.
Windows
Android
MacOS
iOS
Web Browser

CFD
A flexible, modular platform with built-in risk and performance tools.
Android
iOS
Web Browser


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Häufig Gestellte Fragen
Alles, was du wissen musst.
Dein Tägliches Verlustlimit, Erklärt
Dein Tägliches Verlustlimit, Erklärt
Copy Trading: Was Erlaubt Ist und Was Nicht
Copy Trading: Was Erlaubt Ist und Was Nicht
Kannst Du Mit einem EA Handeln?
Kannst Du Mit einem EA Handeln?
Wie Auszahlungen Funktionieren
Wie Auszahlungen Funktionieren
Swap-Gebühren Verstehen
Swap-Gebühren Verstehen
Finde Den Richtigen Plan Für Dich
Finde Den Richtigen Plan Für Dich


Einfach Bright
Starte Deinen Challenge Heute
Aufgebaut auf über 3 Jahren Weiterentwicklung und Innovation. Wirst du der Nächste sein, der sich uns anschließt?
Adresse
Bright Global Computer Systems
Software Design - FZCO
Dubai Digital Park, Dubai Silicon Oasis,
Dubai, United Arab Emirates
Bright Global Computer Systems Software Design FZCO (“Bright Global FZCO”), trading as BrightFunded, and its affiliated entities listed below (together “BrightFunded”, “we” or “us”) have one sole business activity: providing simulated trading and evaluation services, as detailed in our Terms of Use. All customers receive demo accounts with simulated funds, and all trading takes place in a simulated environment. Simulated futures trading covers futures contracts listed on CME Group exchanges, and no orders are sent to any exchange. We do not engage in any regulated financial activities, do not act as a financial broker, futures commission merchant, introducing broker, advisor or fiduciary, and do not accept client funds.
The futures simulated trading and evaluation services on www.brightfunded.com are offered solely by BrightFunded LLC, which is the contracting party for those services. All other simulated trading and evaluation services are offered by Bright Global FZCO, which is the contracting party for those services. Services related to the MetaTrader 5 platform and the associated information on this website are not intended for residents or citizens of the United States, the United Arab Emirates or other restricted countries. Our services and information are not intended for, and must not be used by, any person in a country or jurisdiction where their distribution or use would be contrary to applicable laws or regulations.
All information, materials and content published by BrightFunded, including on this website, are intended solely for general informational and study purposes related to trading on financial markets. Nothing we provide constitutes (a) financial, investment or business advice, or any recommendation or analysis regarding investment instruments or investment opportunities, (b) a solicitation or offer to buy or sell any financial product or service, or (c) an endorsement or recommendation of any investment firm, financial instrument or product. We do not provide trading signals or strategies. All trading decisions are made independently by you, at your sole discretion and risk.
The foreign exchange and futures markets are inherently speculative and subject to significant volatility. Trading currencies or futures contracts in live markets may result in substantial gains or losses, including the loss of all capital invested. Due to the leveraged nature of such trading, even minimal price fluctuations can dramatically impact an account’s balance. Live trading may not be appropriate for everyone, and we strongly recommend seeking independent financial advice before engaging in any live trading activity.
Hypothetical or simulated performance results have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those being shown.
Testimonials do not necessarily reflect the experiences of other traders, and performance varies between individuals. Past results, including those shown in testimonials, are not predictive of future outcomes. We make no promise, guarantee or assurance regarding success, profitability or results, and by accessing or using this website you acknowledge that no such promises or guarantees have been made.
For complete details, please review our Terms of Use, Privacy Policy, Risk Disclosures and FAQ.
Bright Global FZCO is incorporated and based at Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, United Arab Emirates.
BrightFunded Ltd. is incorporated under the laws of Saint Lucia, company registration number 2025-00358, with its registered address at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia, and its physical address at Suite 5, Place Creole Building, Rodney Bay, Gros-Islet, Saint Lucia.
BrightFunded LLC is incorporated under the laws of the State of Wyoming, United States, with its business address at 2000 Cedar Bend Dr, Austin, TX 78758.
Bright Transact Ltd. is incorporated in Cyprus, registration number HE 478945, with its registered office at 228 Archiepiskopou Makariou III, 3030, Limassol, Cyprus.
Bright Transact US Ltd. is incorporated in Cyprus, registration number HE 500567, with its registered office at 228 Archiepiskopou Makariou III, 3030, Limassol, Cyprus.
Adresse
Bright Global Computer Systems
Software Design - FZCO
Dubai Digital Park, Dubai Silicon Oasis,
Dubai, United Arab Emirates
Bright Global Computer Systems Software Design FZCO (“Bright Global FZCO”), trading as BrightFunded, and its affiliated entities listed below (together “BrightFunded”, “we” or “us”) have one sole business activity: providing simulated trading and evaluation services, as detailed in our Terms of Use. All customers receive demo accounts with simulated funds, and all trading takes place in a simulated environment. Simulated futures trading covers futures contracts listed on CME Group exchanges, and no orders are sent to any exchange. We do not engage in any regulated financial activities, do not act as a financial broker, futures commission merchant, introducing broker, advisor or fiduciary, and do not accept client funds.
The futures simulated trading and evaluation services on www.brightfunded.com are offered solely by BrightFunded LLC, which is the contracting party for those services. All other simulated trading and evaluation services are offered by Bright Global FZCO, which is the contracting party for those services. Services related to the MetaTrader 5 platform and the associated information on this website are not intended for residents or citizens of the United States, the United Arab Emirates or other restricted countries. Our services and information are not intended for, and must not be used by, any person in a country or jurisdiction where their distribution or use would be contrary to applicable laws or regulations.
All information, materials and content published by BrightFunded, including on this website, are intended solely for general informational and study purposes related to trading on financial markets. Nothing we provide constitutes (a) financial, investment or business advice, or any recommendation or analysis regarding investment instruments or investment opportunities, (b) a solicitation or offer to buy or sell any financial product or service, or (c) an endorsement or recommendation of any investment firm, financial instrument or product. We do not provide trading signals or strategies. All trading decisions are made independently by you, at your sole discretion and risk.
The foreign exchange and futures markets are inherently speculative and subject to significant volatility. Trading currencies or futures contracts in live markets may result in substantial gains or losses, including the loss of all capital invested. Due to the leveraged nature of such trading, even minimal price fluctuations can dramatically impact an account’s balance. Live trading may not be appropriate for everyone, and we strongly recommend seeking independent financial advice before engaging in any live trading activity.
Hypothetical or simulated performance results have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those being shown.
Testimonials do not necessarily reflect the experiences of other traders, and performance varies between individuals. Past results, including those shown in testimonials, are not predictive of future outcomes. We make no promise, guarantee or assurance regarding success, profitability or results, and by accessing or using this website you acknowledge that no such promises or guarantees have been made.
For complete details, please review our Terms of Use, Privacy Policy, Risk Disclosures and FAQ.
Bright Global FZCO is incorporated and based at Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, United Arab Emirates.
BrightFunded Ltd. is incorporated under the laws of Saint Lucia, company registration number 2025-00358, with its registered address at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia, and its physical address at Suite 5, Place Creole Building, Rodney Bay, Gros-Islet, Saint Lucia.
BrightFunded LLC is incorporated under the laws of the State of Wyoming, United States, with its business address at 2000 Cedar Bend Dr, Austin, TX 78758.
Bright Transact Ltd. is incorporated in Cyprus, registration number HE 478945, with its registered office at 228 Archiepiskopou Makariou III, 3030, Limassol, Cyprus.
Bright Transact US Ltd. is incorporated in Cyprus, registration number HE 500567, with its registered office at 228 Archiepiskopou Makariou III, 3030, Limassol, Cyprus.
Adresse
Bright Global Computer Systems
Software Design - FZCO
Dubai Digital Park, Dubai Silicon Oasis,
Dubai, United Arab Emirates
Bright Global Computer Systems Software Design FZCO (“Bright Global FZCO”), trading as BrightFunded, and its affiliated entities listed below (together “BrightFunded”, “we” or “us”) have one sole business activity: providing simulated trading and evaluation services, as detailed in our Terms of Use. All customers receive demo accounts with simulated funds, and all trading takes place in a simulated environment. Simulated futures trading covers futures contracts listed on CME Group exchanges, and no orders are sent to any exchange. We do not engage in any regulated financial activities, do not act as a financial broker, futures commission merchant, introducing broker, advisor or fiduciary, and do not accept client funds.
The futures simulated trading and evaluation services on www.brightfunded.com are offered solely by BrightFunded LLC, which is the contracting party for those services. All other simulated trading and evaluation services are offered by Bright Global FZCO, which is the contracting party for those services. Services related to the MetaTrader 5 platform and the associated information on this website are not intended for residents or citizens of the United States, the United Arab Emirates or other restricted countries. Our services and information are not intended for, and must not be used by, any person in a country or jurisdiction where their distribution or use would be contrary to applicable laws or regulations.
All information, materials and content published by BrightFunded, including on this website, are intended solely for general informational and study purposes related to trading on financial markets. Nothing we provide constitutes (a) financial, investment or business advice, or any recommendation or analysis regarding investment instruments or investment opportunities, (b) a solicitation or offer to buy or sell any financial product or service, or (c) an endorsement or recommendation of any investment firm, financial instrument or product. We do not provide trading signals or strategies. All trading decisions are made independently by you, at your sole discretion and risk.
The foreign exchange and futures markets are inherently speculative and subject to significant volatility. Trading currencies or futures contracts in live markets may result in substantial gains or losses, including the loss of all capital invested. Due to the leveraged nature of such trading, even minimal price fluctuations can dramatically impact an account’s balance. Live trading may not be appropriate for everyone, and we strongly recommend seeking independent financial advice before engaging in any live trading activity.
Hypothetical or simulated performance results have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those being shown.
Testimonials do not necessarily reflect the experiences of other traders, and performance varies between individuals. Past results, including those shown in testimonials, are not predictive of future outcomes. We make no promise, guarantee or assurance regarding success, profitability or results, and by accessing or using this website you acknowledge that no such promises or guarantees have been made.
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