Legal
Execution and capital
We will say exactly what is real and what is simulated. Here is what we can state today.
What is true today
- The balance on a challenge account is virtual. You do not deposit it and you do not own it.
- Your fee pays for the challenge. It is not deposited into a trading account for you.
Still to be published
These will be stated here before any funded account or reward is offered:
- Whether any trade on a challenge or funded account is placed in a live market.
- Who the counterparty to your trades is, and any relationship between us and a broker or data provider.
- How rewards are calculated, and how they are funded.
- Whether you have any claim to a live brokerage account.
This page is a working draft and is awaiting legal review.