The service contract, in plain sight.

By creating an account, purchasing an evaluation or funded account, or otherwise using our website and services, you agree to these Terms and to the documents they incorporate by reference: the Rulebook, the Privacy Policy, the Refund & Chargeback Policy, the Risk Disclosure, and the AML / KYC Policy. If you do not agree, do not use the services.

Unnamed Futures, LLC (name pending) operates this site at prop.localrootsstudio.com. A permanent legal entity name, registered address, and governing-state details will be inserted here before public launch.

An evaluation or account fee purchases access to a simulated futures trading evaluation service: a platform login, simulated market data and execution, and objective scoring of your simulated trading against the published Rulebook. That is the entire product, and it is delivered in full when your credentials are issued.

Your fee is not a deposit, investment, or trading capital. We do not accept, hold, or trade customer funds in any live market. All account balances shown in the service are simulated and have no monetary value; you acquire no ownership interest in any account balance, position, or data generated by the service. Rewards paid to funded traders are paid from company revenue as a business expense, not from trading proceeds.

We are not a broker-dealer, futures commission merchant, commodity trading advisor, or investment adviser, and nothing in the service is investment advice. See the Risk Disclosure for the full statement.

To use the services you must:

• be at least 18 years old and able to form a binding contract;
• register under your own legal identity, with accurate information, and maintain only the accounts permitted under the published household cap;
• not be located in, or a resident of, a restricted jurisdiction listed in the AML / KYC Policy, and not appear on any applicable sanctions list;
• not have an unresolved chargeback or unpaid balance with us.

We publish jurisdiction restrictions up front rather than discovering them at payout time. If your jurisdiction becomes restricted after purchase through no act of yours, we will refund unused fees and honor payout requests that met the published criteria before the restriction took effect.

You are responsible for keeping your credentials confidential and for all activity on your account. Tell us promptly at support@prop.localrootsstudio.com if you suspect unauthorized access. Accounts are personal and non-transferable: they may not be sold, gifted, rented, or traded by anyone other than the registered identity.

The trading rules that govern evaluations and funded accounts — profit targets, loss limits, drawdown mechanics, position caps, consistency rules, and payout criteria — live in the versioned Rulebook and are incorporated into these Terms by reference.

Rule-Lock. The Rulebook version in force on the date you purchase an account governs that account for its entire life. Rule changes take effect only through a new published version with a new effective date, and no change is ever applied retroactively to an existing account. Changes that loosen a rule in traders’ favor may, at our option, be extended to existing accounts; changes that tighten a rule never reach backward. This clause controls over anything elsewhere in these Terms that could be read to permit retroactive rule changes.

Evaluation and account fees are one-time charges at the prices displayed at checkout; reset fees are one-time charges disclosed per plan before purchase. We use third-party payment processors and never see or store full card numbers. You must pay with a payment method you are authorized to use, in your own name.

Displayed prices are exclusive of any taxes we are required to collect, which are itemized at checkout where applicable; you are responsible for your own income-tax obligations. If a pricing error appears on the site, we may correct it and will offer you the choice between the corrected price and a full refund — we will not silently hold you to a mispriced charge.

Refunds, the unused-account exception, and chargebacks are governed by the Refund & Chargeback Policy.

Payout eligibility is determined by objective, published criteria only: account standing, the per-plan cycle requirement, minimum payout amount, consistency cap where applicable, payout caps, and completed identity verification. The complete checklist appears in the Rulebook. There are no calendar payout windows.

Bounded discretion. We do not reserve a general right to deny payouts. A payout request that meets the published criteria will be approved. If we deny or reduce a request, the denial must cite the specific Rulebook provision relied on and identify the trading data at issue, in writing. You may respond with your own account of the data, and a second reviewer who was not involved in the original decision will decide the appeal.

Where trades are removed for prohibited conduct under Section 8, payout calculations exclude only the affected trades or sessions; unrelated profit is not forfeited unless the account itself is closed for a material breach.

First payouts require identity verification under the AML / KYC Policy. Payouts may be paused — not cancelled — while a specific, articulable rule or verification question is resolved, and we will tell you what that question is.

Exactly seven categories of conduct breach this agreement. They are published in full, with plain-language descriptions, in the Rulebook and incorporated here:

1. Group passing and multi-account collusion
2. Copy-trading beyond your own accounts
3. Cross-account and cross-firm hedging
4. Exploiting simulated fill latency or simulation artifacts
5. High-frequency trading or unapproved full automation
6. Identity misrepresentation
7. VPN or geo-evasion to conceal identity or jurisdiction

Everything not on that list — any strategy, any session, news trading included — is permitted. We will not invent new categories of “abuse” after the fact; expanding this list requires a new Rulebook version, which under Rule-Lock cannot apply retroactively.

Enforcement. For a violation we may remove the affected trades from scoring, suspend the account pending review, or close the account. Enforcement decisions follow the same written-citation and appeal process as payout denials in Section 7. You may also use the site only for its intended purpose: no unauthorized scraping, interference with service operation, or attempts to breach security.

Funded traders are independent contractors, not employees, partners, agents, or joint venturers of the firm. Nothing in these Terms creates an employment relationship, and funding is not an offer of employment. You control your own schedule, strategy, and methods within the published rules; you receive no salary, benefits, or insurance; and you are solely responsible for your own tax reporting and payments. Where required, we will issue tax documentation (such as a Form 1099 for U.S. persons) for rewards paid, and may require a completed W-9 or W-8 series form before paying a reward.

The site, platform, brand, and content are owned by the firm or its licensors. We grant you a limited, revocable, non-exclusive, non-transferable license to use them for your own participation in the service. Your own trading ideas and strategies remain yours — we claim no ownership of your methods, and we do not sell or license your trading data to third parties (see the Privacy Policy).

If you send us feedback or suggestions, you grant us a non-exclusive, royalty-free license to use them to improve the service. That is a license, not an assignment: you keep ownership of your ideas.

Our collection and use of personal data — including identity verification at first payout and payment tokenization — is governed by the Privacy Policy. Leaderboards and competition pages display a screen name of your choosing by default, never your legal name without consent.

The services are provided “as is” and “as available.” To the fullest extent permitted by law, we disclaim implied warranties of merchantability, fitness for a particular purpose, and non-infringement. We do not warrant uninterrupted or error-free operation; simulated data feeds, third-party platforms, and connectivity can and do fail. Where a platform or data outage on our side materially affects an evaluation, our published remedy is an account-time extension or reset credit as described in the Refund & Chargeback Policy, rather than a blanket denial of any remedy.

To the fullest extent permitted by law, neither party is liable to the other for indirect, incidental, special, consequential, or punitive damages, or for lost profits (simulated or otherwise).

Our total aggregate liability arising out of or relating to the services is capped at the total fees you paid us in the twelve (12) months preceding the event giving rise to the claim. This cap does not apply to amounts we owe you as an approved payout, to either party’s fraud or willful misconduct, or where the limitation is prohibited by law. Some jurisdictions do not allow certain exclusions, so parts of this section may not apply to you.

You will indemnify and hold the firm harmless from third-party claims, losses, and reasonable legal fees arising from your breach of these Terms, your violation of law, or your infringement of a third party’s rights in connection with the services. This obligation does not extend to claims arising from our own breach, negligence, or misconduct.

Talk to us first. Before filing any formal proceeding, either party must send the other a written description of the dispute and allow 30 days to resolve it informally. Email support@prop.localrootsstudio.com.

Arbitration. Any dispute not resolved informally will be settled by binding arbitration administered by the American Arbitration Association under its Consumer Arbitration Rules, before a single arbitrator, with fees allocated per those Rules. This obligation is mutual — it binds the firm the same way it binds you. Either party may instead bring an individual claim in small-claims court if it qualifies, and either party may seek injunctive relief in court for intellectual-property or unauthorized-access claims.

Class waiver. Disputes will be resolved on an individual basis only; neither party may participate in a class, collective, or representative action against the other. If this waiver is found unenforceable for a particular claim, that claim proceeds in court, not in arbitration.

Opt-out. You may opt out of arbitration entirely by emailing us within 30 days of first accepting these Terms, with the subject line “Arbitration opt-out.” Opting out has no effect on any other part of your account or these Terms.

Governing law. These Terms are governed by the laws of [STATE — TBD at entity formation], excluding its conflict-of-laws rules, and by applicable federal law. Venue for any court proceeding permitted under this section lies in the courts of that state.

We may amend these Terms by publishing a new version with a new version number and effective date, and by emailing registered users at least 14 days before the effective date for any material change. Continued use after the effective date constitutes acceptance. Amendments cannot override Rule-Lock: the trading rules governing an already-purchased account never change retroactively, and no amendment reduces payout rights that accrued before its effective date.

By you: close your account at any time from the dashboard or by emailing support.

By us: we may suspend or close an account for a material breach of these Terms or the Rulebook, or for a legal or sanctions requirement. Any closure for breach will state, in writing, the specific provision relied on. We do not terminate accounts “for any or no reason.”

Effect. On closure, access to the simulated platform ends. A payout request that met the published criteria before a closure not caused by your material breach will still be honored. Sections 9–15 and any accrued payment obligations survive termination.

These Terms plus the incorporated documents are the entire agreement between us regarding the services. If any provision is unenforceable, the remainder stands. Our failure to enforce a provision is not a waiver. You may not assign these Terms without our consent; we may assign them in connection with a merger, acquisition, or sale of assets, provided the assignee honors Rule-Lock and accrued payout rights. Formal notices to us go to support@prop.localrootsstudio.com; notices to you go to your registered email, which you must keep current.

Questions about these Terms: support@prop.localrootsstudio.com.