Terms of Service

These Terms of Service ("Terms") govern your access to and use of the services provided by Vessal ("we," "us," "our"), accessible at vessal.cc. By creating an account or using our platform, you agree to be bound by these Terms.

1. Eligibility

To use our Services, you must:

• Be at least 18 years of age
• Have the legal capacity to enter into a binding agreement
• Not be a resident of a jurisdiction where our Services are prohibited
• Provide accurate and truthful information during registration

2. Subscription Plans & Pricing

Vessal offers the following monthly subscription plans for simulated trading evaluations:

Plan	Account Size	Monthly Fee
Starter	$50,000 simulated capital	$50/month
Pro	$100,000 simulated capital	$70/month
Elite	$150,000 simulated capital	$90/month

All fees are charged in USD on a recurring monthly basis via Stripe. Your subscription automatically renews unless cancelled. Prices may change with 30 days' prior notice.

3. Simulated Trading Disclaimer

By using Vessal, you expressly acknowledge and agree that:

• All trading activity on our platform is simulated and synthetic
• No orders are placed on real financial exchanges or markets
• Simulated performance does not guarantee real-world trading results
• Virtual capital used in evaluations is not real money
• Market data may be delayed, synthetic, or derived from real-time feeds for simulation purposes only
• You are not a client, investor, or counterparty to any financial transaction

4. Trading Rules & Account Parameters

All evaluation accounts are subject to the following rules. Violation of any rule will result in account failure and require an evaluation reset.

Rule	Parameter	Description
Profit Target	7%	Reach a 7% net profit on your simulated account to pass the evaluation
Trailing Drawdown	6%	Your account equity cannot drop more than 6% from its highest recorded balance (trailing). Breaching this limit fails the evaluation.
Daily Loss Limit	3%	You cannot lose more than 3% of your starting daily balance in a single trading day. Breaching this limit fails the evaluation.

4.1 Additional Rules

• You may trade 1 active evaluation account per subscription at a time
• You may hold up to 5 active subscriptions simultaneously
• You receive 1 free reset per 24 hours after a failed evaluation
• All positions must be closed by market close (no overnight holding unless explicitly permitted)
• Prohibited strategies include: high-frequency arbitrage, latency exploitation, copy trading across accounts, and any strategy designed to exploit simulated market conditions

5. Payout Terms

Once you successfully pass the evaluation and meet all trading requirements:

• You will receive a 90% profit split on all profits earned on your simulated funded account
• Payouts are processed within 5–10 business days of an approved payout request
• Minimum payout amount: $100
• Mandatory Payout Buffer: A permanent buffer equal to 2% of your initial account balance must remain in the account to absorb future drawdowns. Only profits exceeding this buffer are eligible for withdrawal.
• Payouts are made via bank transfer, cryptocurrency, or other supported methods
• You must verify your identity before receiving your first payout
• Vessal reserves the right to audit trading activity before approving payouts

6. Scaling Plan

Consistent, profitable traders may be eligible for our scaling program:

• Eligibility: Maintain a funded account for at least 3 consecutive months with profitable performance
• Account Size Increase: Eligible traders may receive a 25% increase in simulated account size per scaling milestone
• Maximum Scaling: Accounts can be scaled up to a maximum of $400,000 in simulated capital
• Scaling Conditions: You must maintain consistent rule compliance and demonstrate disciplined risk management throughout the scaling process
• Scaling is at the sole discretion of Vessal and is not guaranteed

7. Cancellation & Refund Policy

7.1 Cancellation

• You may cancel your subscription at any time through your account dashboard
• Cancellation takes effect at the end of the current billing period
• You retain access to your evaluation account until the end of the paid period
• Cancelled accounts and associated trading data may be deleted after 30 days

7.2 Refunds

• Subscription fees are generally non-refundable once the billing period has begun
• Refund requests for the current billing period may be considered within the first 48 hours if no trades have been placed
• Refunds are processed at Vessal's sole discretion
• No refunds will be issued for failed evaluations, account resets, or voluntary account closure

8. Account Termination

Vessal reserves the right to suspend or terminate your account at any time for:

• Violation of these Terms or trading rules
• Providing false or misleading information
• Use of prohibited trading strategies
• Attempts to manipulate or exploit the simulation environment
• Fraudulent activity, including identity fraud or payment fraud
• Any conduct that Vessal deems harmful to the platform or other users

9. Intellectual Property

All content, branding, software, and technology on the Vessal platform are the exclusive property of Vessal. You may not copy, modify, distribute, or reverse-engineer any part of our platform without prior written consent.

10. Limitation of Liability

Specifically, Vessal is not liable for:

• Losses from trading activity (simulated or otherwise)
• Platform downtime, data loss, or technical malfunctions
• Third-party service outages (Stripe, Supabase, data providers)
• Decisions made based on simulated trading performance
• Loss of subscription fees due to failed evaluations

11. Disclaimer of Warranties

Our Services are provided "as is" and "as available" without warranties of any kind, express or implied. We do not warrant that our platform will be uninterrupted, error-free, or free of harmful components.

12. Indemnification

You agree to indemnify and hold harmless Vessal, its officers, directors, employees, and affiliates from any claims, damages, losses, liabilities, and expenses arising from your use of our Services, violation of these Terms, or infringement of any third-party rights.

13. Governing Law & Dispute Resolution

These Terms are governed by and construed in accordance with the laws of the United States. Any disputes arising under these Terms shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association (AAA). You waive any right to participate in a class action lawsuit or class-wide arbitration.

14. Modifications

We reserve the right to modify these Terms at any time. Material changes will be communicated via email or platform notification at least 15 days before taking effect. Continued use of our Services constitutes acceptance of the modified Terms.

15. Severability

If any provision of these Terms is found to be unenforceable, the remaining provisions shall continue in full force and effect.

16. Contact

For questions about these Terms, please contact us:

• Email: legal@vessal.cc
• Website: vessal.cc