Trader agreement

1. What you agree to

This agreement is between you and Nexbitra. You sign it after you pass an evaluation and verify your identity, before a funded account is issued. The terms of service also apply.

2. The funded account is simulated

A funded account is a simulated account, like the evaluation. Its balance is virtual. No order is sent to an exchange and no capital is placed at your disposal. You do not own the balance and cannot withdraw it.

3. What a reward is

A reward is a performance payment by Nexbitra from its own revenue, measured on the simulated results of your funded account. It is not a share of trading profits, not wages or salary, not an employment relationship and not an investment return. No reward or income is promised.

4. How a reward is calculated

Your share of the simulated profit since the last reward, for example 80% on Classic 1-Step, limited by the caps of the account's ruleset. The payouts page lists every term, and the account keeps the ruleset version it was issued with. The evaluation fee is refunded with the first reward when the ruleset says so.

5. When a reward can be refused or reduced

• A rule in the ruleset is not met: the request page tells you which one and how to fix it.
• A review finds a prohibited strategy (see the rules): the flagged trades may be excluded, the reward refused, and the account closed. You are told the outcome and the rule it rests on.
• Your identity, sanctions or country checks no longer pass.

6. Payment

Rewards are paid in bitcoin to a destination you have verified, at the exchange rate of the moment of payment. You bear the network fee unless we state otherwise, and you are responsible for your own taxes.

7. Ending the agreement

Either party may end this agreement. An approved reward is paid; a pending request is reviewed first. The account closes, and its records are kept for the period the law requires.