Please read this disclosure carefully before purchasing any evaluation. It describes the simulated nature of the VeloPerps program and the risks associated with trading.
1.All Accounts Are Simulated
All VeloPerps accounts, including evaluation and funded accounts, operate within a simulated, non-executing trading environment. No orders are routed to any exchange, and no participant's capital is deposited, used or placed at risk in live markets.
The challenge fee you pay is a fee for access to the evaluation program. It is not a deposit, investment or trading margin, and it is not held on your behalf.
2.Simulated Pricing
Simulated prices are modeled by reference to publicly available data from third-party exchanges and data providers. They may differ from prices available on any live venue, including due to latency, spreads, liquidity, funding rates and data outages. VeloPerps is not affiliated with, sponsored by or endorsed by any referenced exchange.
3.Leverage and Perpetual Futures
Perpetual futures are complex leveraged instruments. In live markets, leverage magnifies both gains and losses, and traders can lose more than their initial margin. Trading perpetual futures involves substantial risk of loss and is not appropriate for every person. Simulated results do not reflect the impact of real-world execution, slippage or emotional pressure.
4.No Guarantee of Results
Most participants do not pass the evaluation. Passing an evaluation does not guarantee advancement, continued access to a funded account, or eligibility for any Payout. Past performance — simulated or otherwise — is not indicative of future results.
Only purchase a challenge with money you can afford to lose entirely.
5.Payouts
Payouts are performance rewards paid by VeloPerps from its own funds, subject to our Terms of Service, identity verification and review of trading activity. Payouts in USDC carry risks associated with digital assets, including incorrect wallet addresses, network fees, and stablecoin or blockchain risks.
6.No Investment Advice
VeloPerps does not provide investment, trading, tax, legal or financial advice. Any educational content, market commentary or statistics are for informational purposes only. You should seek independent professional advice where appropriate.
7.Jurisdictional Restrictions
The Services are not offered where they would be contrary to local law or regulation. It is your responsibility to ensure that your participation is lawful where you live.