Terms & Conditions

Please read these Terms and Conditions carefully before using the Trader Predict platform. By creating an account or using any part of our service, you confirm that you have read, understood, and agreed to be bound by these terms.

1. About Trader Predict

1.1 Trader Predict is an outcome-based prediction marketplace owned and operated by Trader Predict Ltd., a company incorporated under the laws of the Federal Republic of Nigeria.

1.2 Our platform enables registered users to trade YES or NO shares on the outcomes of real-world verifiable events including sports, politics, economics, technology, and culture.

✓ Trader Predict is not a gambling platform, lottery, or casino. We operate as a regulated information marketplace and are committed to full compliance with applicable Nigerian laws and regulations.

2. Eligibility

2.1 You must be at least 18 years of age to register and use Trader Predict.

2.2 You must be a resident of Nigeria or otherwise legally permitted to participate in prediction markets in your jurisdiction.

2.3 You must provide accurate identity information during registration. Any attempt to falsify identity, age, or residency is a violation of these terms and Nigerian law.

2.4 You may only hold one account on the platform. Operating multiple accounts is strictly prohibited and will result in permanent suspension and forfeiture of funds.

2.5 Employees, directors, contractors, and immediate family members of Trader Predict Ltd. are not permitted to hold trading accounts.

3. Account Registration & Verification

3.1 To access full platform features, you must complete our KYC (Know Your Customer) verification process using your NIN (National Identification Number) or BVN (Bank Verification Number).

3.2 You are responsible for maintaining the confidentiality of your login credentials. Trader Predict will never ask for your password.

3.3 You must notify us immediately at support@traderpredict.com if you suspect any unauthorized access to your account.

3.4 We reserve the right to suspend or terminate any account where we have reasonable grounds to suspect fraud, identity theft, or any violation of these terms.

3.5 All information provided during registration must be kept current and accurate. You may update your details via your account settings.

4. Prediction Markets & Trading

4.1 All markets on Trader Predict are based on real-world events with objectively verifiable outcomes.

4.2 Each market clearly states its resolution source, resolution date, and trading rules before trading opens.

4.3 Market prices are determined entirely by user trading activity and represent the crowd's collective probability estimate of an outcome. Trader Predict does not set or manipulate market prices.

4.4 Trader Predict does not take any position in any market. We are a neutral marketplace facilitating trades between users.

Risk Warning: You acknowledge that trading on prediction markets involves financial risk and that you may lose the funds you trade. You agree to trade based on your own research and judgment. Trader Predict does not provide financial advice or trading recommendations.

4.7 Markets may be suspended or voided at our discretion in cases of extraordinary circumstances, manipulation, or where reliable resolution is not possible.

5. Fees & Charges

Fee TypeAmountNotes
Transaction Fee3%Deducted at time of trade execution
Deposit FeeFreeYour bank may charge transfer fees
Withdrawal FeeAs displayedClearly shown before confirmation

5.3 We reserve the right to amend our fee structure at any time with 7 days prior notice to users via email or in-app notification.

5.4 All fees are charged in Nigerian Naira (NGN).

6. Deposits & Withdrawals

6.1 All deposits must be made through the approved payment channels available on the platform.

6.2 Funds deposited into your Trader Predict wallet may only be used for trading on the platform.

6.3 Withdrawals are processed within 1–3 business days to your registered Nigerian bank account.

6.4 Minimum withdrawal: ₦500 | Minimum deposit: ₦100

6.5 Trader Predict reserves the right to delay or withhold withdrawals pending identity verification, fraud investigations, or regulatory compliance checks.

✓ User funds are held in segregated accounts separate from Trader Predict's operational funds. Your money is never used for company expenses.

7. Market Resolution

7.1 Markets are resolved based solely on the pre-defined resolution source stated on each market page.

7.2 Resolution is triggered automatically upon confirmation of the outcome from the stated source.

7.3 In the event of a disputed resolution, users may raise a formal dispute within 48 hours of resolution. All disputes are reviewed against the resolution source and responded to within 72 hours.

7.4 If a market cannot be resolved due to cancellation, postponement, or ambiguity, the market will be voided and all users will receive a full refund of their traded amount.

7.5 Trader Predict's resolution decisions, once finalized after a dispute review, are binding and final.

8. Prohibited Conduct

You agree NOT to:

  • Use the platform if you are under 18 years of age
  • Create more than one account
  • Use automated bots, scripts, or software to trade on the platform
  • Engage in any form of market manipulation, collusion, or coordinated trading
  • Use the platform to launder money or finance illegal activities
  • Attempt to hack, reverse engineer, or interfere with the platform's systems
  • Use another person's identity or payment details
  • Engage in any activity that disrupts the integrity or fairness of our markets
Violation of any of the above may result in immediate account suspension, fund forfeiture, and referral to law enforcement authorities.

9. Intellectual Property

9.1 All content on the Trader Predict platform — including but not limited to the brand name, logo, design, market data, and written content — is the intellectual property of Trader Predict Ltd.

9.2 You may not reproduce, distribute, or commercially exploit any part of our platform without prior written consent.

10. Limitation of Liability

10.1 Trader Predict provides the platform on an "as is" basis and does not guarantee uninterrupted or error-free service.

10.2 We are not liable for any loss of profits, trading losses, or indirect damages arising from your use of the platform.

10.3 Our total liability to you in any circumstance shall not exceed the total funds held in your Trader Predict wallet at the time of the claim.

11. Termination

11.1 You may close your account at any time by contacting support@traderpredict.com. Any remaining wallet balance will be returned to your registered bank account after identity verification, minus any outstanding fees.

11.2 Trader Predict reserves the right to suspend or terminate any account at any time for violation of these terms, regulatory requirements, or at our sole discretion with reasonable notice.

12. Governing Law & Disputes

12.1 These Terms are governed by the laws of the Federal Republic of Nigeria.

12.2 Any dispute arising from these terms shall first be subject to good-faith negotiation. If unresolved, disputes shall be referred to arbitration in Lagos, Nigeria under the Arbitration and Conciliation Act.

12.3 Nothing in this clause limits your rights under Nigerian consumer protection laws.

13. Changes to These Terms

13.1 We may update these Terms at any time. We will notify you of material changes via email or in-app notification at least 7 days before the changes take effect.

13.2 Continued use of the platform after the effective date constitutes your acceptance of the updated Terms.