Please read these terms carefully before using First For Traders. By applying for coverage or using our platform, you agree to be bound by these terms.
First For Traders ("FFT", "we", "us", "our") is an independent trader protection service. We provide coverage plans for individuals participating in proprietary trading firm evaluations and funded accounts. We are not affiliated with, owned by, or partnered with any proprietary trading firm, broker, or financial institution.
Our service is designed to provide a financial safety net for traders when accounts are breached, subject to the terms and conditions outlined in these Terms of Service and the specific coverage plan selected.
To use First For Traders, you must:
FFT reserves the right to decline any application at its discretion, including but not limited to cases where the information provided cannot be verified or where the applicant presents an elevated risk profile.
First For Traders offers three coverage tiers — Essential Edge, Premium Edge, and Elite Edge. Each plan differs in account size coverage, refund percentages, coverage bonus, funded account profit share eligibility, and the number of claims allowed.
Coverage activates upon receipt of full payment as confirmed by FFT. Coverage applies only to accounts and periods specified in your accepted quote.
Submitting an application does not guarantee coverage. All applications are reviewed individually by our team. We will send a personalised quote to the email address provided within 24 hours of receiving your application.
Claims are subject to KPI (Key Performance Indicator) compliance and applicable waiting periods. Fee refund, coverage bonus, and funded account profit share claims are assessed separately and have different waiting period requirements — see the Coverage Terms for full details. To be eligible for a payout, you must have traded in accordance with the KPI checklist provided at the time of your coverage activation. KPI metrics include but are not limited to:
FFT determines KPI compliance solely based on verified account data submitted at the time of the claim. If you believe a KPI decision was made in error, you may submit a dispute within 7 days of the decision — see the Refund Policy for details.
To submit a claim, you must email First For Traders at support@firstfortraders.com within 14 days of the account breach. Claims submitted after this window may not be eligible for review.
You will be required to provide:
Claims are typically reviewed within 24 hours. Approved payouts are processed within 24 hours of approval. FFT reserves the right to request additional documentation and to deny claims that do not meet the eligibility criteria. Accounts opened shortly before or after coverage activation that breach within a short period are subject to enhanced review to verify that the account was not opened in anticipation of an imminent breach.
Payments are processed securely via Stripe. By accepting a quote and completing payment, you authorise the charge as stated in your quote. All prices are in USD unless otherwise stated. FFT does not store or have access to your card details — these are handled entirely by Stripe.
You may cancel your coverage at any time. Cancellations take effect at the end of your current billing period. No partial refunds are issued for unused coverage periods unless otherwise stated in your quote.
FFT may cancel your coverage immediately without refund if you are found to have provided false information, engaged in prohibited conduct, or submitted a fraudulent claim.
You agree not to:
Any breach of this section will result in immediate termination of coverage without refund and may result in legal action.
First For Traders provides coverage as described in your accepted quote. We do not guarantee trading profitability or the passing of any evaluation. Our total liability to you shall not exceed the amount paid for your active coverage plan in the current billing period.
FFT is not liable for any indirect, incidental, or consequential losses arising from your trading activity, prop firm decisions, or the use of our service.
We may update these Terms of Service from time to time. Material changes will be communicated to active subscribers via email at least 14 days before they take effect. Continued use of the service after changes take effect constitutes acceptance of the updated terms.
If you have any questions about these Terms of Service, please contact us at . We aim to respond to all enquiries within 24 hours.