Terms of Service

1. Agreement to Terms

These Terms of Service ("Terms") constitute a legally binding agreement between you ("User," "Trader," or "you") and ConvexBlack ("Company," "we," "us," or "our") governing your access to and use of the ConvexBlack website, trading platform, evaluation programs, funded trading accounts, and all related services (collectively, the "Services").

By creating an account, purchasing an evaluation, or using any of our Services, you acknowledge that you have read, understood, and agree to be bound by these Terms, our Privacy Policy, and our Risk Disclosure statement.

2. Eligibility Requirements

To use our Services, you must:

• Be at least 18 years of age (or the age of legal majority in your jurisdiction)
• Have the legal capacity to enter into a binding contract
• Not be a resident of any jurisdiction where our Services are prohibited
• Not be listed on any government sanctions list
• Provide accurate and complete registration information
• Maintain the security of your account credentials

3. Nature of Services

3.1 Evaluation Program

ConvexBlack offers trading evaluation programs designed to identify skilled traders. The evaluation consists of multiple phases:

• Evaluation Phase: Demonstrate your trading skills by meeting profit targets while respecting risk management rules
• League Phase: A secondary evaluation with stricter rules to confirm consistent performance
• Funded Phase: Upon successful completion, trade with company capital and receive profit splits

3.2 Simulated Trading Environment

All trading during the Evaluation and League phases occurs in a simulated environment. No real money is at risk during these phases. The simulated environment is designed to replicate real market conditions but may not perfectly mirror actual market execution.

3.3 Funded Accounts

Funded accounts involve trading with company capital. Traders who successfully complete all evaluation phases may be offered a funded trading account at the sole discretion of ConvexBlack.

4. Fees and Payments

4.1 Evaluation Fees

Evaluation fees are non-refundable once an evaluation has begun. Fees cover access to the trading platform, simulated capital, and evaluation services.

4.2 Reset Fees

Account resets are available for an additional fee. Reset fees vary by account type and phase:

• Evaluation Phase: Standard reset fee applies
• League Phase: Reset fee is 5x the original evaluation fee, with a maximum of 2 resets permitted

4.3 Profit Splits

Funded traders receive a percentage of profits as specified in their account agreement. Profit splits are paid according to our payout schedule and are subject to verification and compliance checks.

5. Trading Rules and Conduct

5.1 Mandatory Rules

All traders must adhere to the following rules:

• Maximum Drawdown: Do not exceed the specified maximum loss limit from your starting balance
• Daily Loss Limit: Do not exceed the specified daily loss limit
• Profit Target: Achieve the specified profit target to advance to the next phase
• Minimum Trading Days: Trade for at least 5 days before qualifying for advancement
• Position Limits: Do not exceed the maximum contract limits for your account type

5.2 Prohibited Activities

The following activities are strictly prohibited and will result in immediate account termination:

• Exploiting platform bugs, glitches, or latency issues
• Using automated trading systems without prior approval
• Coordinating trades with other traders to manipulate results
• Hedging positions across multiple accounts
• Copy trading from external sources
• News trading during major economic announcements (within 2 minutes)
• Holding positions through weekend gaps without prior approval
• Any form of market manipulation
• Providing false identity or documentation
• Sharing account access with third parties

6. Account Termination

6.1 Automatic Termination

Accounts are automatically terminated when:

• Maximum drawdown limit is exceeded
• Daily loss limit is exceeded
• Prohibited trading activities are detected
• Terms of Service are violated

6.2 Company's Right to Terminate

ConvexBlack reserves the right to terminate any account at any time, with or without cause, at its sole discretion. In cases of termination for cause, no refunds will be provided.

6.3 Effect of Termination

Upon termination, all trading privileges are immediately revoked. Any pending payouts may be forfeited if termination is due to rule violations or Terms of Service breaches.

7. Intellectual Property

All content, features, and functionality of our Services, including but not limited to text, graphics, logos, icons, images, software, and trading algorithms, are the exclusive property of ConvexBlack and are protected by international copyright, trademark, and other intellectual property laws.

8. Limitation of Liability

9. Indemnification

You agree to indemnify, defend, and hold harmless ConvexBlack, its officers, directors, employees, agents, and affiliates from and against any and all claims, damages, obligations, losses, liabilities, costs, and expenses arising from:

• Your use of the Services
• Your violation of these Terms
• Your violation of any third-party rights
• Your trading activities

10. Dispute Resolution

10.1 Governing Law

These Terms shall be governed by and construed in accordance with the laws of Switzerland, without regard to its conflict of law provisions.

10.2 Arbitration

Any dispute arising out of or relating to these Terms or our Services shall be resolved through binding arbitration in accordance with the Swiss Rules of International Arbitration. The arbitration shall take place in Zurich, Switzerland.

10.3 Class Action Waiver

You agree to resolve any disputes with ConvexBlack on an individual basis and waive any right to participate in class action lawsuits or class-wide arbitration.

11. Modifications to Terms

ConvexBlack reserves the right to modify these Terms at any time. We will notify users of material changes via email or platform notification. Continued use of our Services after such modifications constitutes acceptance of the updated Terms.

12. Severability

If any provision of these Terms is found to be unenforceable or invalid, that provision shall be limited or eliminated to the minimum extent necessary, and the remaining provisions shall remain in full force and effect.

13. Entire Agreement

These Terms, together with our Privacy Policy and Risk Disclosure, constitute the entire agreement between you and ConvexBlack regarding our Services and supersede all prior agreements and understandings.

14. Contact Information

For questions about these Terms of Service, please contact us:

• Email: [email protected]
• Website: Contact Form