Read this before you pay us anything.

Futures are leveraged instruments. In live markets, small price moves produce outsized gains and losses, positions can move faster than you can react, and losses can exceed the capital committed. Volatility around economic releases, thin liquidity outside regular hours, and trading halts can make exits impossible at the price you expect. The skills our evaluations measure exist precisely because this is a hard, competitive activity in which most participants lose money.

Every account we offer — evaluation and funded alike — runs entirely in a simulated environment. No order you place with us reaches a live market, and no customer funds are ever traded. Simulated balances have no monetary value. Rewards paid to funded traders are paid from company revenue as a business expense under a service agreement, not from trading proceeds. Performance shown anywhere on this site, on leaderboards, or in community channels reflects simulated trading, not live market execution.

Hypothetical or simulated performance results have inherent limitations. Unlike an actual performance record, simulated results do not represent real trading. Because the trades have not been executed in a live market, results may under- or over-compensate for the impact, if any, of certain market factors such as lack of liquidity. Simulated programs are also designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

Two limits deserve emphasis. First, fills: a simulator fills orders against recorded or modeled data without your order actually competing for liquidity, so simulated executions are systematically kinder than live ones, especially at speed or size. Second, psychology: trading a simulated balance does not reproduce the pressure of risking your own money, and discipline that holds in a simulation frequently fails when real capital is on the line.

We make no representation that you will pass an evaluation, keep a funded account, or receive any payout. A majority of evaluation participants across this industry do not reach a payout, and fees paid for evaluations are the cost of the attempt, not an investment with an expected return. Any trader results we publish are individual outcomes, are not representative of typical participants, and are never a promise of yours. Treat any third-party claim of easy or reliable prop-firm income — including from our own affiliates — with skepticism; affiliates are compensated for referrals and are contractually barred from making income claims on our behalf.

Unnamed Futures, LLC (name pending) is not a broker-dealer, futures commission merchant, commodity trading advisor, commodity pool operator, or investment adviser, and is not registered with the CFTC, SEC, or any self-regulatory organization. Nothing on this site — including rules, statistics, educational material, community discussion, or support responses — is investment, legal, or tax advice, an offer or solicitation to buy or sell any instrument, or a recommendation of any strategy. No employee or representative is authorized to give you trading advice; if one appears to, disregard it. Consult your own advisers before making financial decisions.

A funded account is access to a larger simulated account under a service agreement — it is not a job, a salary, or a guarantee of ongoing income. Funded traders are independent contractors: payouts depend entirely on meeting the published criteria, can be irregular, and can stop when an account breaches its rules. Do not leave stable employment, take on obligations, or plan financial commitments on the assumption of prop-firm payouts.

The service depends on software, simulated data feeds, third-party platforms, and networks — all of which can fail, lag, or display errors. An outage at a bad moment can affect an evaluation in progress. Our published remedies for outages on our side are in the Refund & Chargeback Policy; you are responsible for your own hardware, connectivity, and any third-party tools you attach to your account.

Pay for evaluations only with money whose loss would not change your life: never rent, emergency savings, retirement funds, student-loan proceeds, or borrowed money. If an evaluation fee is a financially significant amount to you, that is itself a signal that this product is not appropriate for you right now. The same rule applies with greater force to any live trading you pursue anywhere.

By purchasing an account you acknowledge that you have read and understood this Risk Disclosure, that all trading in the service is simulated, that fees are payment for an evaluation service and not an investment, that no income or funding outcome is guaranteed, and that you alone are responsible for your trading and financial decisions.