Risk Disclosure
Important disclosures and disclaimers you should read carefully.
Please read all disclosures below carefully before participating in any LeverageUP evaluation program. All funded accounts use notional (simulated) capital.
Notional Funding
Once you pass the Assessment, we provide you with a funded account, backed by our capital. The capital in your funded Account is notional and may not match the amount of capital on deposit with the Liquidity Provider. A Funded Account is notionally funded when actual funds in the account differs from the nominal account size. Notional funds are the difference between nominal account size and actual capital in a Funded Account. Use of notional funding does not impact your trading conditions in any way.
Counterparty & Conflict of Interest
For purposes of managing risk and minimizing transaction costs, we may offset or negate market risk and act as the direct counterparty to certain trades initiated in the Account. Such trades are executed at prices provided by arm's length third parties. This framework is intended to ensure you receive real market execution on your trades. However, when we act as the counterparty to your trades, there is an inherent potential conflict of interest because your trades do not result in net gain or loss to us.
Independent Contractor & Taxes
When trading a Funded Account for our firm, you are treated as an independent contractor. As a result, you are responsible for any and all taxes on your gains.
Position Limits
The maximum position that you may open is determined by your available margin. We reserve the right to increase the margin requirement, limit the number of open positions you may enter or maintain in the Funded Account at any time, and to revise in response to market conditions the drawdown levels at which trading in the funded account will be halted. We or the Liquidity Provider reserve the right to refuse to accept any order.
OFAC Country Restrictions
Subject to compliance with applicable laws and regulations, traders from all countries, excluding OFAC listed countries, can take part in our program, unless otherwise limited at the Company's discretion.
Age Requirement
You must be at least 18 years of age, or the applicable minimum legal age in your country, to purchase an assessment.
Pricing & Execution
We do not have any control over pricing from the liquidity provider or on the executions on your trades. All market pricing and trade executions are provided by the brokers, without any alterations or modifications on our part. Moreover, we do not adjust transaction costs such as bid-offer spreads, markups/markdowns or swaps beyond what is set by our brokers.
Monitoring Responsibility
It is your responsibility to monitor your breach levels.
Simulated Trading Notice
This is a simulated trading evaluation service. You are not trading with real capital. No real securities, commodities, futures, options, forex, or other financial instruments are being traded on your behalf. Any results displayed are simulated until such time that a payout is approved and processed by the Capital Provider at its absolute and sole discretion. Past performance is not indicative of future results.