Terms of Service

Last updated: June 19, 2026

1. Acceptance of Terms

By registering an account with LPT (Lucky Prop Trader), depositing funds, purchasing draw bids, or participating in the Peer-to-Peer (P2P) marketplace, you agree to comply with and be bound by these Terms of Service. If you do not agree to these terms, you must not use or access the platform.

2. Eligibility

You must be at least 18 years of age or the legal age of majority in your jurisdiction to create an account and participate in LPT activities. It is your sole responsibility to ensure that your participation in challenge bidding and P2P exchange is legal under your local laws.

3. Bidding Mechanics & Winnings

LPT operates a gamified challenge account bidding platform under the following rules:

  • Bids Placement: Bids are placed in pools representing challenge accounts (e.g., FTMO, E8, MyFundedFX). Each bid costs the set bid price, with zero hidden transaction fees.
  • Raffle Winners: When a draw reaches 100% progress or expires, a weighted verifiably fair selection algorithm selects a winner. The chance of winning is directly proportional to the number of bids you own in that pool.
  • 80/20 Payout Model: Completed draws pay out **80% of the total collected pool value** directly to the winner's withdrawable wallet balance. LPT retains a **20% platform service fee** for operations.
  • Single-Bidder Protection: If a draw expires with only one distinct bidder, the draw is cancelled and the bidder receives a **100% refund** of their bids back to their balance.
  • Free Draws: Promotional free draws are limited to exactly **1 bid per user**. Multiple accounts or duplicate bidding attempts will result in account suspension.

4. Deposits and Withdrawals

Transactions are processed in USDT (TRC20):

  • Deposits: Synced automatically via TronGrid callbacks or WalletCore node (requires 23 block confirmations). Credited net of the admin-configured deposit fee.
  • Withdrawals: Deducted from your Withdrawable Winnings Balance. The minimum withdrawal limit is **$5.00** and the maximum is **$1,000.00** per request. Withdrawals are subject to the active flat USD processing fee snapshotted at submission.

5. Peer-to-Peer (P2P) Marketplace Rules

The P2P Marketplace allows direct user-to-user fiat exchange of LPT balances subject to strict escrow controls:

  • Sellers: Must have available funds which are locked in escrow when creating an ad. Sellers must verify fiat receipt in their bank account before clicking "Release Funds".
  • Buyers: Must pay the seller using the bank coordinates provided, upload receipt screenshots, and click "Mark as Paid" within the timeout.
  • Disputes: If an order is unpaid or funds are not released, either party can open a dispute. Administrators will review the chat logs and evidence. The administrator's decision is final and binding, resulting in either a release to the buyer or a refund to the seller's original funding source.

6. Prohibited Activities

Users are strictly prohibited from:

  • Creating multiple accounts to claim daily check-ins or bypass free draw limitations.
  • Submitting false payment receipts or defrauding counterparties in P2P escrow trades.
  • Attempting double-spend attacks or uploading malicious files.

Violations will result in immediate permanent account suspension and forfeiture of all balances.

7. Changes to Terms

LPT reserves the right to modify these Terms of Service at any time. Continued use of the platform following the posting of changes constitutes your acceptance of the updated terms.