We were recently asked by someone about our lifetime membership plans and how they work. Essentially, their question was: What does “lifetime” mean? Whose life? What if I join as a lifetime partner today and in 2 years the community is no longer around? What happens to my membership?

We thought that was a very fair question, and that we should address it in writing for all of our members and potential members. Therefore, we have defined a refund policy for our lifetime memberships if the day comes that Bear Bull Traders closes down. If for any reason Bear Bull Traders does not stand anymore, we will refund lifetime members based on the date they joined the community. We will deduct the number of months (or partial months) that they have been a member, based on the monthly fee at the time of their registration, and then refund the balance. An additional deduction will also be made if the member had purchased 3 months of access to the simulator.

Example A:

Trader A joins Bear Bull Traders in January 2020 as a Lifetime Pro Member at $1,449.

Bear Bull Traders shuts down in April 2020. In this case:

  • Trader A’s plan provided 3 months of access to the simulator: $450 value.
  • Trader A has been a member for only 4 months: January 2020 to April 2020.
  • Monthly membership fee at the time of their subscription was $99.

We will refund Trader A their payment after deduction of $450 and 4x$99: $1449-$450-(4x$99)=$603.

Example B:

Trader B joins Bear Bull Traders in January 2020 as a Lifetime Plus Member at $1,199.

Bear Bull Traders shuts down in September 2020. In this case:

  • Trader B’s plan did not provide 3 months of access to the simulator.
  • Trader B has been a member for only 9 months: January 2020 to September 2020.
  • Monthly membership fee at the time of their subscription was $99.

We will refund Trader B their payment after deduction of 9x$99: $1199-(9x$99)=$308.

Example C:

Trader C joins Bear Bull Traders in January 2020 as a Lifetime Pro Member at $1,449.

Bear Bull Traders shuts down in September 2021. In this case:

  • Trader C’s plan provided 3 months of access to the simulator: $450 value.
  • Trader C has been a member for 21 months: January 2020 to September 2021.
  • Monthly membership fee at the time of their subscription was $99.

Total value of services used by Trader C: $450 + (21x$99) = $2529. There will be no refund for Trader C as $2,529 is more than what Trader C paid when they purchased their lifetime membership plan.

We of course hope that Bear Bull Traders will stand for a very long time, but as nothing is forever, we decided to introduce this policy as a way to support our lifetime members.

Please don’t hesitate to be in touch if you have any questions or comments about this refund policy. We sincerely welcome feedback from our members on any aspect of Bear Bull Traders.