Legal

Terms & Conditions

Public offer agreement governing your use of the F1 Option trading platform. Please read carefully before trading.

Last updated September 2026
Effective Upon registration

Important: By registering an account on F1 Option, you confirm that you have read, understood, and agree to be bound by these Terms and Conditions. If you do not agree, do not use our Services.

1

Acceptance of Terms

These Terms and Conditions ("Agreement") constitute a legally binding contract between you ("Client", "you", "user") and First financial option limited ("F1 Option", "Company", "we", "us"), governing your access to and use of the F1 Option trading platform, website at m.f1option.com, mobile applications, APIs, and all associated services (collectively, the "Services").

By clicking "Register", "I Agree", or by otherwise accessing or using our Services, you acknowledge that you have read, understood, and agreed to be bound by this Agreement in its entirety, together with our Privacy Policy and any other policies referenced herein.

This Agreement constitutes a public offer. Acceptance occurs upon registration of an account or use of our Services, whichever is earlier.

2

Eligibility

To use F1 Option Services, you must:

  • Be at least 18 years of age (or the age of majority in your jurisdiction, whichever is higher)
  • Have the legal capacity to enter into binding contracts
  • Not be a resident or citizen of a Restricted Jurisdiction (see below)
  • Not be acting on behalf of a person from a Restricted Jurisdiction
  • Not be a Politically Exposed Person (PEP) without prior written approval from our Compliance team

Restricted Jurisdictions: Our Services are not available to residents or citizens of the United States of America, the European Economic Area (EEA), the United Kingdom, Canada, Australia, Japan, and any other jurisdiction where binary options, CFD trading, or prop firm trading challenges are prohibited under applicable law. This list may be updated at any time. You are solely responsible for determining whether you are permitted to use our Services in your jurisdiction.

By registering, you represent and warrant that you meet all eligibility requirements. We reserve the right to close any account where eligibility cannot be verified or where we discover that these requirements are not met.

3

Accounts

3.1 Registration. You may register one account per person. Multiple accounts are strictly prohibited and will result in all accounts being suspended and balances forfeited.

3.2 Account information. You agree to provide accurate, current, and complete information during registration and to keep it updated. We may require re-verification at any time.

3.3 Credentials. You are responsible for maintaining the confidentiality of your login credentials. You must notify us immediately at support{{ $host }} if you suspect unauthorised access to your account.

3.4 Demo accounts. Demo accounts are provided for practice only. Demo balances have no monetary value and cannot be withdrawn. We reserve the right to reset or remove demo accounts at any time.

3.5 KYC verification. Withdrawal of real funds requires successful completion of our KYC verification process. We may request identity documents, proof of address, and source of funds documentation at any time.

4B

Prop Firm Challenge Rules

4B.1 Challenge structure. Prop firm challenges are multi-phase trading evaluations, traded exclusively via CFD (Contract for Difference) positions — binary options are not available on challenge or funded accounts. Each plan you purchase specifies a starting account size, one or more evaluation phases with a profit target per phase, a maximum time limit per phase, and a minimum number of trading days. These parameters are shown on the platform at the time of purchase and form part of this Agreement for that challenge.

4B.2 Risk limits. Each challenge is subject to a daily loss limit and a maximum overall drawdown, as specified on your plan. Breaching either limit at any time results in immediate termination of the challenge. There is no grace period and no partial credit for progress made before a breach.

4B.3 Advancing phases and funded status. Reaching the profit target for a phase, within the applicable time limit and minimum trading days, without breaching the risk limits, advances you to the next phase or to funded status, as applicable. We reserve the right to review trading activity before confirming an advancement.

4B.4 Payout eligibility. Once funded, payout requests are subject to the minimum number of days since the last payout (or since becoming funded), any minimum-profit-per-day requirement, and any trading-consistency requirement specified on your plan. Requests that do not meet these conditions may be declined or delayed pending review.

4B.5 Profit split. Approved payouts are paid at the profit-split percentage specified on your plan at the time the challenge was purchased. We reserve the right to review and adjust the applied split for a specific payout where our compliance review identifies a violation of these Terms.

4B.6 Challenge fees. The fee paid to start a challenge is non-refundable, including where the challenge is failed, terminated for a risk-limit breach, or not completed within the applicable time limit.

4B.7 Prohibited strategies. Trading styles designed to pass an evaluation without genuine market risk (including but not limited to one-sided hedging across accounts, exploitation of price feed latency, and coordinated trading across multiple challenges or users) are prohibited and may result in challenge termination and forfeiture of any pending payout, in addition to the general prohibitions in Section 7.

5

Deposits & Withdrawals

5.1 Deposits. Deposits are accepted exclusively in cryptocurrency. Fiat currency deposits are not currently accepted. Minimum deposit amounts are as displayed on the platform. We are not responsible for network fees, delays, or losses caused by incorrect wallet addresses provided by you.

5.2 Withdrawals. Withdrawals are processed to the same cryptocurrency wallet used for deposit, or another verified wallet in your name. We aim to process approved withdrawals within 24 hours on business days. Withdrawal requests may be delayed pending KYC verification or compliance review.

5.3 Withdrawal conditions. Withdrawals may only be made from verified accounts. If a bonus has been received, withdrawal conditions specific to that bonus apply (see Section 6).

5.4 AML checks. All deposits and withdrawals are subject to AML screening. We reserve the right to hold or decline transactions pending investigation. Funds from illicit sources will be reported to relevant authorities and may be frozen.

6

Bonuses & Promotions

6.1 Bonus acceptance. By accepting any bonus or promotional credit, you agree to the specific terms attached to that promotion, including any turnover requirements.

6.2 Default turnover requirement. Unless stated otherwise, bonuses must be traded a minimum of 30 times (the bonus amount) before the bonus or any associated profits may be withdrawn. Example: a $50 bonus requires $1,500 in total trade volume before withdrawal eligibility.

6.3 Abuse prevention. We reserve the right to void bonuses and cancel associated winnings if we detect bonus abuse, arbitrage, or any strategy designed to circumvent turnover requirements without genuine market risk.

6.4 Expiry. Bonuses not activated within 30 days of issue will expire and be removed from your account automatically.

6.5 No obligation. Bonuses are offered at our sole discretion. We are under no obligation to offer bonuses or maintain any bonus programme.

7

Prohibited Conduct

The following conduct is strictly prohibited and may result in immediate account suspension, forfeiture of funds, and legal action:

  • Opening multiple accounts or registering on behalf of another person
  • Providing false, misleading, or fraudulent information during registration or KYC
  • Using the platform for money laundering, terrorist financing, or any illegal purpose
  • Exploiting software bugs, errors, or pricing anomalies for profit
  • Using automated bots, scripts, or trading software without prior written consent
  • Manipulating or attempting to manipulate trade outcomes through technical means
  • Engaging in latency arbitrage or any strategy that exploits platform infrastructure
  • Charging back or disputing cryptocurrency transactions in bad faith
  • Sharing account access with third parties
  • Attempting to reverse-engineer, decompile, or copy any part of our platform
8

Intellectual Property

All content on the F1 Option platform, including but not limited to software, source code, designs, graphics, logos, text, and data feeds, is the exclusive intellectual property of First financial option limited or its licensors and is protected by applicable copyright, trademark, and other intellectual property laws.

You are granted a limited, non-exclusive, non-transferable, revocable licence to access and use the Services for your personal trading purposes only. You may not copy, reproduce, modify, distribute, publicly display, or create derivative works of any platform content without our prior written consent.

9

Limitation of Liability

Risk warning — prop firm challenges: Challenge fees are non-refundable and are lost if the challenge is failed or a risk limit is breached. Passing an evaluation does not guarantee any level of payout. F1 Option does not provide investment advice.

9.1 F1 Option provides the platform "as is" and "as available" without warranties of any kind, express or implied, including warranties of merchantability, fitness for a particular purpose, or non-infringement.

9.2 To the maximum extent permitted by applicable law, First financial option limited shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including lost profits, arising from your use of the Services.

9.3 Our maximum aggregate liability to you for any claim arising from use of the Services shall not exceed the amount deposited by you in the 30 days preceding the event giving rise to the claim.

9.4 We are not liable for losses resulting from force majeure events including but not limited to internet outages, blockchain network failures, exchange hacks, government actions, natural disasters, or pandemic.

10

Termination

10.1 By you. You may close your account at any time by contacting support{{ $host }}. Any pending trades will be settled normally. Verified balances will be returned to your withdrawal wallet after standard processing.

10.2 By us. We may suspend or terminate your account immediately and without notice if we reasonably believe you have violated this Agreement, applicable law, or if continued operation would expose us to regulatory or legal risk.

10.3 Effect of termination. Upon termination, your right to access the Services ceases immediately. Sections relating to intellectual property, liability, and governing law survive termination.

10.4 Dormant accounts. Accounts with no activity for 12 consecutive months may be subject to an inactivity fee of $10/month, or closure at our discretion. You will be notified by email before any fee is applied.

11

Governing Law & Disputes

This Agreement shall be governed by and construed in accordance with the laws of the jurisdiction in which First financial option limited is registered, without regard to conflict of law principles.

Any dispute arising from or related to this Agreement or the Services shall first be submitted to our internal complaints procedure (see our Regulation page). If unresolved, disputes shall be settled by binding arbitration. You waive any right to participate in a class action lawsuit or class-wide arbitration.

Nothing in this clause prevents either party from seeking urgent injunctive relief from a court of competent jurisdiction.

12

Amendments

We reserve the right to modify these Terms and Conditions at any time. Material changes will be communicated by email to your registered address and/or by prominent notice on the platform at least 7 days before taking effect.

Your continued use of the Services after the effective date of any amendment constitutes your acceptance of the revised Terms. If you do not accept the changes, you must stop using the Services and close your account before the effective date.

13

Contact

For questions about these Terms and Conditions:

EntityFirst financial option limited
Email legal@m.f1option.com
Support support@m.f1option.com
Websitehttps://m.f1option.com