TERMS AND CONDITIONS  
Last Updated: 03.30.2026  
1. COMPANY INFORMATION  
These Terms and Conditions (“Terms”) govern the use of the services provided by:  
SZABO CAPITAL GROUP LTD  
Company Number: 16656957  
Registered Office: Corner Chambers, 590a Kingsbury Road, Birmingham, United Kingdom,  
B24 9ND  
(hereinafter referred to as “the Company”, “we”, “us”, or “our”).  
By registering, purchasing, or using any of the services provided by the Company, you (“the  
User”, “Trader”, or “Client”) agree to be bound by these Terms.  
The Company provides access to evaluation programs and simulated trading environments  
designed for educational and performance evaluation purposes.  
All services are accessible through the Company’s website and associated platforms  
(collectively referred to as the “Platform”).  
2. NATURE OF THE SERVICES  
The Company provides an educational trading evaluation program designed to assess  
trading strategies, trading discipline, and risk management performance in a simulated  
market environment.  
All trading conducted through the Platform is simulated trading.  
No real financial instruments are bought or sold, and no real trading takes place in financial  
markets.  
The capital displayed in user accounts is virtual and does not represent a deposit of real  
funds, safeguarded funds, managed funds, or any other form of real monetary value.  
Participation in the evaluation program does not constitute investment services, brokerage  
services, portfolio management, asset management, execution services, financial advice, or  
any regulated financial activity.  
The Company does not provide financial, legal, tax, or investment advice.  
Users are solely responsible for their trading decisions, risk exposure, and use of the  
Platform.  
The User expressly acknowledges that any performance shown on the Platform is  
hypothetical, simulated, and informational only and may not reflect real market execution  
conditions, liquidity, slippage, spreads, latency, or market depth.  
3. ELIGIBILITY  
To use the Company’s services you must:  
• Be at least 18 years of age  
• Have full legal capacity to enter into contracts  
• Comply with all applicable laws in your jurisdiction  
• Not be located in, resident in, incorporated in, or otherwise connected to a restricted  
jurisdiction as defined below  
The following persons and entities are strictly prohibited from using the Company’s services:  
• Individuals who are residents of the United Kingdom  
• Individuals with a registered residential address in the United Kingdom  
• Companies incorporated in the United Kingdom  
• Companies registered or operating under United Kingdom jurisdiction  
• Individuals who are residents of Iran  
• Individuals who are residents of Russia  
• Individuals who are residents of North Korea (DPRK)  
• Individuals who are residents of Myanmar  
• Individuals who are residents of the United States  
• Companies incorporated, registered, or operating in Iran, Russia, North Korea (DPRK),  
Myanmar, the United States, or the United Kingdom  
The Company reserves the right to request identity verification (KYC), proof of residence,  
proof of source of funds where applicable, and any additional compliance information at any  
time before or after account creation, during the Challenge, during the Verification phase, or  
before or after any payout request.  
If a user is found to be located in, operating from, registered in, resident in, or otherwise  
associated with a restricted jurisdiction, the Company reserves the right to immediately  
suspend or terminate the account, cancel all services, invalidate any profits, and deny any  
refund or payout.  
The Company may amend the list of restricted jurisdictions at any time in response to legal,  
regulatory, compliance, sanctions, payment provider, liquidity provider, or business risk  
considerations.  
4. ACCOUNT REGISTRATION  
Users must create an account to access the Platform.  
By registering an account, the User agrees that:  
• All information provided is accurate, complete, and up to date  
• The account will be used solely by the registered user  
• Login credentials will not be shared with third parties  
• The User will not permit any third party to access, operate, or otherwise use the account  
• The User will immediately notify the Company of any unauthorized access or suspected  
compromise  
Each user may maintain only one account unless explicitly approved by the Company in  
writing.  
The Company reserves the right to suspend, restrict, review, or terminate accounts  
suspected of fraud, identity misrepresentation, multiple-account abuse, account sharing,  
coordinated trading, or abuse of the services.  
The Company may also deny account creation or close an existing account if doing so is  
necessary to protect the integrity of the evaluation model, enforce internal compliance  
standards, or comply with legal, regulatory, payment, or operational requirements.  
5. TRADING RULES AND RESTRICTIONS  
Users must comply with all trading rules defined by the Company and the specific  
parameters of the selected evaluation program (“Challenge”).  
The following trading practices are strictly prohibited:  
• Use of automated trading systems or robots (Expert Advisors)  
• Martingale strategies  
• Grid trading strategies  
• Arbitrage trading  
• Hedging strategies  
• Copy trading or account mirroring  
• Any coordinated trading with third parties  
• Any trading strategy designed to exploit technical errors, price feed delays, latency  
discrepancies, execution abnormalities, system loopholes, or platform malfunctions  
• Any strategy that, in the sole discretion of the Company, constitutes abuse of the evaluation  
environment rather than genuine discretionary trading skill  
Trading during high-impact news events may be restricted depending on the specific rules of  
the selected challenge account.  
The exact conditions regarding news trading will be specified in the rules of each individual  
challenge and may differ between challenge accounts, funded accounts, and demo  
accounts.  
The Company reserves the right to determine, at its sole discretion, whether a trading  
strategy violates these rules.  
For the avoidance of doubt, the Company may also determine that a trading pattern  
constitutes prohibited or abusive conduct even if such conduct is not expressly named in  
these Terms, provided the Company reasonably concludes that the behavior is inconsistent  
with the purpose of the evaluation model.  
The Company further reserves the right to classify certain conduct as gambling behavior or  
reckless trading behavior, including but not limited to:  
• Opening disproportionately large position sizes relative to account balance or typical prior  
trading behavior  
• Repeatedly risking an excessive percentage of account equity on a single idea or trade  
• Trading in a manner primarily designed to achieve a short-term windfall rather than  
demonstrate sustainable risk management  
• Entering oversized positions shortly before or during periods of elevated volatility in a way  
the Company considers inconsistent with professional trading conduct  
6. CONSEQUENCES OF RULE VIOLATIONS  
If the Company determines that a user has violated the trading rules, engaged in prohibited  
trading practices, engaged in gambling behavior, traded in a reckless or abusive manner, or  
otherwise breached these Terms, the Company may take one or more of the following  
actions, with immediate effect and without prior notice:  
• Disqualify the evaluation account  
• Remove trades from the trading history  
• Cancel any simulated profits generated from prohibited activity  
• Reset or close the affected account  
• Freeze the account for manual review  
• Reject, delay, reduce, or cancel any pending payout  
Terminate the user’s account  
• Restrict access to future services  
• Ban the User from future participation  
• Apply any other measure the Company deems necessary to protect the integrity of the  
Platform  
Users are not entitled to refunds if their account is terminated, restricted, suspended, or  
reviewed due to violation of these Terms.  
The Company’s internal determination regarding prohibited activity, abuse, gambling  
behavior, oversizing, coordinated conduct, or other rule violations shall be final and binding  
for purposes of access to the Platform and payment of any discretionary rewards.  
7. EVALUATION PROGRAM  
The Company provides an evaluation program designed to assess a trader’s ability to  
manage risk and generate consistent trading results within a simulated trading environment.  
The evaluation program consists of multiple phases designed to verify trading performance  
before a trader may qualify for a funded account simulation.  
Participation in the evaluation program requires the purchase of a Challenge account.  
7.1 Account Sizes and Challenge Fees  
The Company currently offers the following Challenge account sizes:  
• $10,000 account — Challenge fee: $99  
• $25,000 account — Challenge fee: $239  
• $50,000 account — Challenge fee: $359  
• $100,000 account — Challenge fee: $549  
• $200,000 account — Challenge fee: $1,099  
Challenge fees are one-time payments required to participate in the evaluation program.  
All fees are non-refundable unless explicitly stated otherwise in the Refund Policy.  
The Company may change challenge sizes, pricing, plan structure, or product availability at  
any time.  
7.2 Evaluation Model  
The evaluation process consists of three phases:  
Phase 1 – Challenge  
Phase 2 – Verification  
Phase 3 – Funded Account  
Both the Challenge and Verification phases are designed to verify the trader’s ability to trade  
responsibly while adhering to the risk management rules of the Company.  
The User acknowledges that successful completion of a Challenge or Verification phase  
does not create a vested right to a funded account if the Company later detects abuse,  
fraud, misrepresentation, restricted-jurisdiction issues, or any conduct inconsistent with  
these Terms.  
7.3 Challenge Rules  
Phase 1 – Challenge  
• Minimum trading days: 4  
• Profit target: 8%  
• Maximum daily loss: 5%  
• Maximum overall loss: 10%  
• Leverage: 1:100  
• Challenge duration: Unlimited  
• Weekend trading: Allowed  
7.4 Verification Rules  
Phase 2 – Verification  
• Minimum trading days: 4  
• Profit target: 5%  
• Maximum daily loss: 5%  
• Maximum overall loss: 10%  
• Leverage: 1:100  
• Verification duration: Unlimited  
• Weekend trading: Allowed  
7.5 Funded Account Rules  
Phase 3 – Funded Account  
Once the trader successfully completes both evaluation phases, they may qualify for a  
simulated funded account.  
The rules of the funded account are as follows:  
• Maximum daily loss: 5%  
• Maximum overall loss: 10%  
• Leverage: 1:100  
• Weekend trading: Not allowed unless an add-on has been purchased or unless the  
Company expressly states otherwise for a specific account type  
• Profit split: 80% Trader / 20% Company  
• Payout eligibility frequency: Every 14 days, subject to Company review and approval  
All trading remains simulated even during the funded phase.  
The Company may suspend, freeze, review, or terminate any funded account at any time if it  
suspects rule violations, abuse, gambling behavior, oversizing, or any conduct inconsistent  
with the Company’s internal compliance standards.  
7.6 Minimum Trading Days  
Traders must complete the minimum required number of trading days before advancing to  
the next phase.  
A trading day is defined as a day in which at least one trade has been executed.  
The Company reserves the right to determine whether the executed trades reflect genuine  
trading activity or merely formal activity designed to satisfy minimum-day requirements.  
7.7 Risk Limits  
If the trader exceeds either the maximum daily loss or the maximum overall loss at any point  
during the evaluation or funded phase, the account will be considered failed.  
The account may be automatically terminated and cannot continue in the evaluation  
process.  
The Company may also treat excessive position sizing, concentrated exposure, or repeated  
disproportionate risk-taking as a separate violation regardless of whether the hard drawdown  
thresholds were technically breached.  
7.8 Add-On Features  
Users may optionally purchase additional features when buying a Challenge account.  
These add-ons modify certain parameters of the funded account.  
Available add-ons may include:  
Payout Express  
Reduces payout waiting period from 14 days to 7 days.  
Profit Booster  
Increases the profit split from 80% to 90%.  
Hold Over Weekend  
Allows traders to keep positions open during weekends on funded accounts.  
The prices of add-ons are calculated as a percentage of the Challenge fee and may vary.  
The Company reserves the right to modify, suspend, discontinue, or replace available  
add-ons at any time.  
7.9 Discretion of the Company  
The Company reserves the right to review trading activity and determine whether a trader’s  
performance complies with the rules of the evaluation program.  
Any abuse of the system, rule manipulation, prohibited trading strategy, non-standard risk  
exposure, suspicious conduct, or behavior classified by the Company as gambling may  
result in disqualification.  
The Company may make such determinations using internal compliance procedures, risk  
analysis tools, manual review, or any combination thereof.  
7.10 Inactivity  
If a User’s Challenge, Verification, or Funded Account remains inactive for a period of thirty  
(30) consecutive calendar days, the Company reserves the right to:  
• terminate the account  
• close all open positions  
• remove access to the account  
• cancel any accumulated profits  
• revoke payout eligibility  
For the purposes of this clause, inactivity is defined as the absence of executed trades within  
the specified period.  
The Company shall have no obligation to provide notice prior to termination due to inactivity.  
8. FEES AND PAYMENTS  
Participation in the Company’s evaluation program requires the purchase of a Challenge  
account.  
The Challenge fee is a one-time payment required to access the evaluation environment.  
All payments must be made using the payment methods available on the Platform. The  
Company currently accepts payments exclusively through cryptocurrency transactions  
and does not currently support fiat deposits or alternative payment methods.  
By making a payment, the User acknowledges that cryptocurrency transactions are  
irreversible and may be subject to network fees, gas fees, delays, congestion, or  
blockchain-specific risks beyond the control of the Company.  
Unless explicitly stated otherwise in the Refund Policy, Challenge fees are non-refundable.  
However, if a trader successfully completes the evaluation process and qualifies for a funded  
account, the Company may refund the original Challenge fee as part of the first payout,  
subject to compliance review, KYC approval, and absence of rule violations.  
The Company reserves the right to change prices, payment methods, available  
cryptocurrencies, fee structures, or settlement procedures at any time.  
9. PAYOUT POLICY  
Traders who successfully complete the evaluation program and qualify for a funded account  
may become eligible to request payouts based on simulated trading profits generated on  
their funded account.  
Profit payouts are currently structured as follows:  
• 80% of eligible profits are paid to the trader  
• 20% of profits are retained by the Company  
Payout eligibility is evaluated every 14 days, provided that all payout conditions have been  
met.  
Payouts are made exclusively in cryptocurrency using the supported payment methods  
available on the Platform.  
The Trader may request a payout amount of their choosing, provided such request complies  
with any minimum, maximum, operational, technical, compliance, or internal policy  
limitations then in effect.  
The Trader may submit a payout request from the first profitable position onward; however,  
any payout request remains subject to Company review, internal approval, eligibility rules,  
and any applicable holding, compliance, risk, or verification requirements.  
The Company reserves the right to verify trading activity, account ownership, device usage,  
jurisdictional eligibility, and identity before processing any payout request.  
Users may be required to complete identity verification (KYC) procedures before receiving  
payouts.  
The Company reserves the right to delay, reduce, reject, or permanently deny payouts if:  
• suspicious trading activity is detected  
• prohibited trading strategies are used  
• there is evidence of rule violations  
• the user fails to complete required verification procedures  
• the user is suspected of residing in or operating from a restricted jurisdiction  
• the Company determines that the profit resulted from gambling behavior, abusive sizing, or  
other conduct inconsistent with sustainable risk management  
For the avoidance of doubt, payouts under the funded phase are discretionary  
performance-based rewards within a simulated environment and are not wages, investment  
returns, guaranteed compensation, or a contractual entitlement independent of compliance  
with these Terms.  
10. DEMO ACCOUNTS  
The Company may offer demo trading accounts for educational or testing purposes.  
Demo accounts are provided solely for practice and familiarization with the trading  
environment.  
Demo accounts may operate under different rules, parameters, or trading conditions than the  
official evaluation program.  
Performance on demo accounts has no impact on eligibility for funded accounts and does  
not guarantee success in the evaluation program.  
If a demo account remains inactive for 30 consecutive days, the Company may close the  
account without notice.  
11. CRYPTOCURRENCY PAYMENTS  
Due to the nature of cryptocurrency transactions, payments made using digital assets are  
final and irreversible.  
The Company is not responsible for losses caused by:  
• incorrect wallet addresses  
• blockchain network delays  
• third-party wallet providers  
• user errors during payment  
• unsupported blockchain networks  
• transfer of the wrong asset type to a provided address  
Users are responsible for ensuring that they send payments to the correct wallet addresses  
provided by the Company and through the correct supported blockchain network.  
The Company may refuse to credit or recover incorrectly sent transactions and shall have no  
liability for funds lost due to User error.  
12. RESTRICTED USERS  
The services provided by the Company are not available to residents of the following  
jurisdictions:  
• United Kingdom  
• Iran  
• Russia  
• North Korea (DPRK)  
• Myanmar  
• United States, unless and until the Company expressly enables access for that jurisdiction  
in the future  
This restriction includes:  
• individuals residing in those jurisdictions  
• individuals with a registered address in those jurisdictions  
• companies incorporated in those jurisdictions  
• entities operating under those jurisdictions  
• users accessing the Platform from those jurisdictions where the Company determines such  
access is prohibited or restricted  
Users attempting to access the services from restricted jurisdictions may have their accounts  
suspended or terminated without refund, and any profits or payout eligibility may be voided.  
13. GOVERNING LAW  
These Terms and Conditions shall be governed and interpreted in accordance with  
applicable European legal principles and international commercial practices, without  
prejudice to any mandatory legal provisions that may apply.  
Nothing in these Terms prevents the Company from selecting, asserting, or relying on any  
competent forum, procedural mechanism, interim remedy, or protective measure necessary  
to defend its rights, enforce compliance, or protect the integrity of the Platform.  
14. INTELLECTUAL PROPERTY  
All content available on the Platform, including but not limited to text, graphics, logos,  
software, trading dashboards, educational materials, design elements, and trademarks are  
the intellectual property of the Company or its licensors.  
Users are granted a limited, non-transferable, revocable, and non-exclusive license to  
access and use the Platform solely for the purpose of participating in the Company’s  
services.  
Users may not:  
• Copy, reproduce, distribute, or modify any content from the Platform  
• Use the Company’s trademarks, branding, or materials without prior written consent  
• Reverse engineer, decompile, or attempt to extract source code from any software used on  
the Platform  
• Create derivative products or services based on the Company’s platform, evaluation logic,  
or proprietary materials  
Any unauthorized use of the Company’s intellectual property may result in immediate  
termination of access and potential legal action.  
15. LIMITATION OF LIABILITY  
The Company provides access to a simulated trading environment and evaluation program.  
To the maximum extent permitted by applicable law, the Company shall not be liable for any  
direct, indirect, incidental, consequential, punitive, special, or exemplary damages arising  
from the use of the Platform or participation in the evaluation program.  
This includes, but is not limited to:  
• Loss of profits  
• Loss of trading opportunities  
Technical errors or system interruptions  
• Internet connectivity issues  
• Third-party service failures  
• Data loss or system malfunctions  
• Delays in payment processing or payout review  
• Losses arising from account suspension, termination, profit invalidation, or payout denial  
under these Terms  
Users acknowledge that trading activities involve significant financial risk and that past  
performance does not guarantee future results.  
Participation in the evaluation program is undertaken entirely at the user’s own risk.  
The Company’s aggregate liability, if any, shall in no event exceed the amount actually paid  
by the User to the Company for the specific service giving rise to the claim, unless applicable  
law expressly requires otherwise.  
16. PLATFORM AVAILABILITY  
The Company strives to ensure the continuous operation of the Platform but does not  
guarantee uninterrupted access, continuous uptime, error-free operation, or the availability of  
any specific feature, account type, or payment method.  
The Platform may occasionally experience downtime due to maintenance, updates, server  
issues, cybersecurity events, liquidity feed disruptions, data provider issues, compliance  
interventions, force majeure, or third-party service interruptions.  
The Company reserves the right to temporarily suspend or restrict access to the Platform for  
maintenance, security purposes, operational reasons, compliance reviews, fraud monitoring,  
or any other legitimate business reason.  
The Company shall not be liable for any losses or damages caused by temporary or  
prolonged service interruptions.  
17. AMENDMENTS TO TERMS  
The Company reserves the right to modify, update, or amend these Terms and Conditions at  
any time.  
Updated versions of the Terms will be published on the Platform and may become effective  
immediately or on a specified effective date.  
Continued use of the Platform after the publication of updated Terms constitutes acceptance  
of the revised Terms.  
Users are responsible for periodically reviewing the Terms to remain informed of any  
changes.  
If a User does not agree to a revised version of the Terms, the User must immediately cease  
using the Platform and may request account closure in accordance with applicable rules and  
policies.  
18. ENTIRE AGREEMENT  
These Terms and Conditions constitute the entire agreement between the User and the  
Company regarding the use of the Platform and the services provided by the Company.  
These Terms supersede any prior agreements, communications, understandings, marketing  
statements, sales statements, or representations, whether written or oral, except where  
expressly incorporated by reference.  
If any provision of these Terms is determined to be invalid, unlawful, or unenforceable, the  
remaining provisions shall remain in full force and effect.  
Failure by the Company to enforce any provision of these Terms shall not constitute a waiver  
of its right to enforce that provision in the future.  
19. CONTACT INFORMATION  
If you have any questions regarding these Terms and Conditions or the services provided by  
the Company, you may contact us at:  
SZABO CAPITAL GROUP LTD  
Corner Chambers, 590a Kingsbury Road  
Birmingham, United Kingdom  
B24 9ND  
20. SERVICE ORDERING AND CONTRACT FORMATION  
Access to the Company’s evaluation program is granted only after a user successfully  
registers on the Platform and purchases a Challenge account.  
By completing a purchase and confirming payment, the User enters into a legally binding  
agreement with the Company under these Terms and Conditions.  
The User is responsible for ensuring that all information provided during registration and  
purchase is accurate, complete, and up to date.  
The Company reserves the right to refuse, suspend, review, or cancel any order if:  
• incorrect or misleading information is provided  
• the User violates eligibility requirements  
• suspicious or fraudulent activity is detected  
• payment verification fails  
• the order appears inconsistent with the Company’s compliance, fraud prevention, or  
operational policies  
The Company may suspend or cancel orders at its sole discretion if it determines that  
providing services to the User could violate applicable laws, regulations, internal compliance  
policies, payment provider restrictions, or business risk standards.  
21. USER AREA AND TRADING PLATFORM  
Access to the Company’s services is provided through a secure user dashboard (“User  
Area”) and one or more third-party trading platforms or infrastructure providers selected by  
the Company.  
Users are responsible for maintaining the confidentiality of their login credentials and for all  
activities conducted through their accounts.  
Users must not:  
• share account access with third parties  
• allow others to trade on their behalf  
• use multiple accounts to circumvent trading rules  
• manipulate platform functionality or trading infrastructure  
• use software, tools, scripts, or devices designed to interfere with or gain unfair advantage  
over the Platform  
The Company may rely on third-party technology providers for trading platforms, liquidity  
simulation, pricing data, infrastructure, monitoring, or reporting.  
The Company shall not be responsible for failures, delays, inaccuracies, pricing  
discrepancies, outages, or interruptions caused by third-party systems or providers.  
The Company may suspend access to the User Area or trading platform at any time for  
security, maintenance, compliance review, or risk management purposes.  
22. RIGHT OF WITHDRAWAL  
If the User qualifies as a consumer under applicable European consumer protection laws,  
the User may have the right to withdraw from a purchase within fourteen (14) days without  
providing a reason.  
However, the User acknowledges and agrees that the right of withdrawal expires once the  
User activates the purchased service.  
Activation of the service occurs when the User:  
• logs into the trading platform associated with the purchased Challenge account, or  
• executes the first trade on the trading account  
By activating the Challenge account and beginning simulated trading, the User expressly  
agrees that the service has commenced and waives any applicable withdrawal rights to the  
fullest extent permitted by law.  
Nothing in this clause limits the Company’s right to deny refunds in circumstances expressly  
permitted under these Terms, the Refund Policy, or applicable law.  
23. TECHNICAL ISSUES AND COMPLAINTS  
If the User encounters any technical problems related to the Platform or trading environment,  
the User must notify the Company without undue delay.  
Reports of technical issues must include sufficient detail such as:  
• account identification  
• description of the issue  
• date and time of occurrence  
• any relevant screenshots, logs, or transaction references if available  
The Company will investigate reported issues and respond within a reasonable timeframe,  
taking into account the complexity of the issue and operational circumstances.  
Complaints regarding services may be submitted to the Company through the official support  
email address.  
The Company will make reasonable efforts to review complaints within thirty (30) calendar  
days.  
The Company reserves the right to reject complaints that are determined to be unfounded,  
incomplete, abusive, repetitive, submitted in bad faith, or inconsistent with system logs,  
internal records, or third-party provider data.  
Submission of a complaint does not suspend the Company’s right to suspend or terminate  
an account, deny a payout, or enforce these Terms.  
24. COMMUNICATION  
All official communication between the Company and Users will be conducted electronically.  
Users agree that communication through the following channels constitutes valid written  
communication:  
• registered email address  
• the Platform’s user dashboard  
• official support channels of the Company  
Users are responsible for ensuring that their contact details remain valid, functional, and  
accessible.  
The Company shall not be liable for missed communications, missed deadlines, or other  
consequences resulting from outdated, inaccessible, blocked, or incorrect contact  
information.  
Notices sent by the Company shall be deemed delivered when sent to the last registered  
email address or made available in the User Area.  
25. DISPUTE RESOLUTION  
In the event of a dispute between the User and the Company, both parties agree to attempt  
to resolve the dispute through good faith negotiations.  
If the dispute cannot be resolved amicably, the parties agree that the dispute may be  
submitted to an appropriate dispute resolution mechanism under applicable European legal  
standards, without prejudice to the Company’s right to seek interim, protective, injunctive, or  
other urgent legal relief wherever necessary to protect its rights, intellectual property,  
confidential information, compliance obligations, or business interests.  
Nothing in these Terms prevents the Company from taking legal action where necessary to  
protect its rights, intellectual property, or business interests.  
To the fullest extent permitted by law, the User agrees not to bring claims in a representative,  
collective, or class-action capacity against the Company unless such restriction is prohibited  
by mandatory law.  
26. DEFINITIONS  
For the purposes of these Terms and Conditions, the following definitions apply:  
“Platform” refers to the Company’s website, trading dashboard, and any associated trading  
software, infrastructure, tools, or interfaces used to provide services.  
“Challenge” refers to the evaluation program purchased by the User in order to  
demonstrate trading performance under defined risk management rules.  
“Funded Account” refers to a simulated account granted after successful completion of the  
evaluation program.  
“User” or “Trader” refers to any individual or entity using the Company’s services.  
“Simulated Trading” refers to trading activity conducted in a simulated market environment  
using virtual capital that does not represent real financial assets.  
“Services” refers to all products, evaluation programs, tools, platform access, dashboards,  
analytics, payout request functionality, and other services provided by the Company.  
“Restricted Jurisdiction” refers to any country, territory, or region from which the Company  
does not accept Users, including but not limited to Iran, Russia, North Korea (DPRK),  
Myanmar, the United States, and the United Kingdom, as updated from time to time by the  
Company.  
“Gambling Behavior” refers to any trading behavior that the Company, in its sole  
discretion, determines to be inconsistent with prudent risk management, sustainable trading  
behavior, or the legitimate purpose of the evaluation environment, including oversized  
positions and disproportionate risk-taking.  
“Payout” refers to any discretionary reward or performance-based payment that the  
Company may choose to process in relation to a funded account, subject at all times to  
these Terms, the Payout Policy, internal review, compliance approval, and the Company’s  
final decision.  
27. NO EMPLOYMENT, PARTNERSHIP OR AGENCY  
Nothing in these Terms shall be construed as creating any partnership, joint venture, agency,  
employment, or fiduciary relationship between the Company and the User.  
The User acts solely as an independent participant in a simulated evaluation environment.  
The User shall have no authority to bind, represent, or act on behalf of the Company in any  
manner whatsoever.  
28. FORCE MAJEURE  
The Company shall not be liable for any failure or delay in performance of its obligations  
under these Terms due to events beyond its reasonable control, including but not limited to:  
• acts of God  
• natural disasters  
• war, terrorism, or civil unrest  
• cyberattacks or system breaches  
• power outages or infrastructure failures  
• internet or telecommunications disruptions  
• liquidity provider failures  
• blockchain congestion or failures  
• governmental actions or regulatory changes  
In such cases, the Company may suspend services, delay payouts, or restrict access  
without liability.  
29. DATA USAGE AND SIMULATED TRADING INFORMATION  
The User acknowledges and agrees that all trading activity conducted on the Platform  
constitutes simulated trading data owned by the Company.  
The Company reserves the right to:  
• analyze trading behavior  
• use anonymized or aggregated trading data for internal research, risk management, or  
business purposes  
• use performance data for statistical modeling and system optimization  
Such data shall not be considered personal data unless explicitly linked to identifiable User  
information under applicable data protection laws.