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Rules version sim-eval-2026-07-23-v3

SIM Evaluation Rules

Effective July 23, 2026. These rules control SIM purchases, evaluation cycles, payout-review eligibility, and the separation between SIM Balance and approved Payout Balance.

What a SIM purchase provides

A purchase provides simulated evaluation capital. SIM is not money, a customer deposit, stored value, a brokerage balance, or directly withdrawable. No customer futures order is placed. Only server-verified evaluation profit may be submitted for discretionary payout review.

The two rules

There are only two. Everything below them is bookkeeping.

  1. Rule 1 — RiskRisk at most 10% of your current balance per round.Measured against your balance right now, not what you started with — so it grows as you win and shrinks as you lose. It is the total across every entry in a round, not per entry.
  2. Rule 2 — TargetGrow your highest balance to 4× your lowest.Measured from the lowest balance of this cycle to the highest, so a recovery counts for what it was. Buying more SIM starts a new cycle.

Housekeeping

  • At least 20 settled predictions, so one lucky round is not a pass.
  • Settled volume of at least 1Ă— Starting Capital.
  • Every open prediction must settle before review.
  • No minimum number of days.

Purchases and baselines

While SIM remains, newly purchased SIM increases both the balance and the evaluation baseline. It cannot erase drawdown or turn purchased capital into profit. The latest capital addition begins a new activity cycle under the current rules.

If the SIM Balance reaches zero, that evaluation closes. The next purchase starts fresh, and that purchase amount becomes the new Starting Capital.

Target = lowest balance this cycle Ă— 4
Max risk per round = current balance Ă— 0.1

Completion and payout review

Verified profit

Settled SIM Balance minus Starting Capital. The display conversion is 10 verified-profit SIM = $1.

Same-day review tranche

Up to the first $500 of an eligible request enters the same-day review tranche.

Standard review tranche

Any eligible amount above the same-day tranche enters the standard review queue without additional trading.

“Same-day” describes the review queue, not guaranteed approval or payment-rail settlement time. Requests remain subject to identity, jurisdiction, payment-settlement, chargeback, duplicate-account, collusion, automation, and rule-compliance review. A denial must identify the applicable published rule and may be reviewed by support.

Separate live-capital review

SIM results are simulated and do not guarantee future results. Completing a payout evaluation does not guarantee a live account. Strong completed cycles may be considered for a separate, discretionary company-controlled Rithmic live risk allocation of $1,000 to $5,000. Any approval remains subject to identity and jurisdiction checks, signed program and exchange agreements, available company capital, live risk limits, and trading only permitted CME Micro Bitcoin (MBT) or Bitcoin (BTC) futures.